Finding Text
S3800-010 Finding Reference Number 2024-001
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 In Process
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
NoS3800-020 Criteria The Organization must comply with HUD guidelines regarding residual receipts deposits.
S3800-030 Statement of Condition
The Organization failed to make the required residual receipts deposit for the year ended June 30, 2023.
S3800-032 Cause
Staff training.
S3800-033 Effect or Potential Effect
The Organization was not in compliance with HUD guidelines for residual receipt deposits.
S3800-035 Auditor Non-Compliance Code
S3800-040 Questioned Costs $4,676
S3800-045 Reporting Views of Responsible Officials
Management agrees with the findings, and funds will be included in current year surplus cash calculation and resulting residual receipts deposit calculation.
S3800-037 FHA/Contract Number 171EE009
S3800-038 Questioned Costs $4,676
S3800-080 Recommendation
Management should have procedures in place to ensure the timely deposit to the residual receipts account.
S3800-090 Auditor’s Summary of the Auditee’s Comments on the Findings and Recommendations
Funds will be included in the residual receipts deposit for the current year.
S3800-130 Response Indicator Agree
S3800-140 Completion Date 09/30/2024
S3800-150 Response
Management agrees with the findings, and funds will be included in current year surplus cash calculation and resulting residual receipts deposit calculation.
S3800-160 Contact Person First Name Thomas
S3800-170 Contact Person Middle Initial E.
S3800-180 Contact Person Last Name Anderson