Finding 1161930 (2025-001)

Material Weakness Repeat Finding
Requirement
N
Questioned Costs
$1
Year
2025
Accepted
2025-11-05
Audit: 371826
Organization: Fairview Housing (WA)

AI Summary

  • Core Issue: The Organization failed to make timely deposits to residual receipts as required by HUD guidelines.
  • Impacted Requirements: Non-compliance with HUD regulations regarding residual receipts deposits, leading to questioned costs of $10,965.
  • Recommended Follow-Up: Implement procedures to ensure timely deposits to residual receipts accounts by the completion date of June 30, 2025.

Finding Text

SIGNIFICANT DEFICIENCY S3800-010 Finding Reference Number 2025-001 S3800-011 Title and Assistance Listing Number of Federal Program U.S. Department of Housing and Urban Development Supportive Housing for the Elderly; PRAC and Capital Advance, 14.157 S3800-015 Type of Finding Federal Award Finding S3800-016 Finding Resolution Status Resolved S3800-017 Information on Universe Population Size N/A S3800-018 Sample Size Information N/A S3800-019 Identification of Repeat Finding and Reference Number No S3800-020 Criteria The Organization must comply with HUD guidelines regarding residual receipts deposits. S3800-030 Statement of Condition The Organization did not make the required deposit to residual receipts in a timely manner for the year ended June 30, 2024. S3800-032 Cause Staff training. S3800-033 Effect or Potential Effect The Organization was not in compliance with HUD guidelines for residual receipts deposits. S3800-035 Auditor Non-Compliance Code S3800-040 Questioned Costs $10,965 S3800-045 Reporting Views of Responsible Officials Management agrees with the findings. S3800-037 FHA/Contract Number 171EE009 S3800-038 Questioned Costs $10,965 S3800-080 Recommendation Management should have procedures in place to ensure the timely deposit to the residual receipts accounts. S3800-090 Auditor’s Summary of the Auditee’s Comments on the Findings and Recommendations Management will ensure that residual receipts deposits are made in compliance with HUD guidelines. S3800-130 Response Indicator Agree S3800-140 Completion Date 6/30/2025 S3800-150 Response Management agrees with the findings. S3800-160 Contact Person First Name Thomas S3800-170 Contact Person Middle Initial E. S3800-180 Contact Person Last Name Anderson

Corrective Action Plan

Management agrees with the findings and will ensure residual receipts deposits are made timely.

Categories

Questioned Costs HUD Housing Programs Cash Management Reporting Significant Deficiency

Programs in Audit

ALN Program Name Expenditures
14.157 SUPPORTIVE HOUSING FOR THE ELDERLY $1.27M