Finding 1165258 (2025-001)

Material Weakness Repeat Finding

Requirement

Questioned Costs

Year

2025

Accepted

2025-12-18

Audit: 375729

Organization: Hillside Elderly Housing, Inc. (CT)

Auditor: MADDOX & ASSOCIATES APC

AI Summary

Answer: Financial statements were not submitted to HUD as required.
Trend: This issue may indicate a pattern of non-compliance with reporting obligations.
List: Follow up by ensuring timely filing of financial statements and reviewing compliance processes.

FINANCIAL STATEMENTS WERE NOT FILED WITH HUD.

Management agrees with the finding. The financial statements were submitted to HUD on June 25, 2025.

ALN	Program Name	Expenditures
14.157	SUPPORTIVE HOUSING FOR THE ELDERLY	$3.96M