Elders Lodge Corporation respectfully submits the following corrective action plan for the year ended December 31, 2022. Audit period: January 1, 2022 ? December 31, 2022 The findings from the schedule of findings and questioned costs are discussed below. The findings are numbered consistently with the numbers assigned in the schedule. FINDINGS?FINANCIAL STATEMENT AUDIT There were no findings in the current year that require a corrective action plan. FINDINGS?FEDERAL AWARD PROGRAMS AUDITS U.S. Department of Housing and Urban Development 2022-001 Section 202 Supportive Housing for the Elderly ? CFDA No. 14.157 Recommendation: Although email approval was received from the United States Department of Housing and Urban Development (HUD) representative prior to withdrawing the funds from the replacement reserve, the formal HUD required form was not submitted. In future requests, the formal HUD form will be submitted to the HUD Representative as well. Also, Elders Lodge Corporation should ensure that adequate internal controls are implemented to properly document and request authorization for use of replacement reserve funds. Explanation of disagreement with audit finding: There is no disagreement with the audit finding. Action taken in response to finding: Management Agent submitted proper HUD authorization request form to the HUD representative for review. Name(s) of the contact person(s) responsible for corrective action: Diane Nelson, Management Agent Planned completion date for corrective action plan: March 2023 If the there are questions regarding this plan, please call Diane Nelson at 651-523-1217.