Finding Text
Criteria: The regulatory agreement prohibits, without the prior written approval of the HUD secretary the disbursement or payment of any funds except for the usual operating expense and necessary repairs of the Project. Condition: St. Camillus Residential Health Care Facility (the Facility) has an outstanding receivable from its affiliate, Integrity Home Care Services, Inc. (Integrity), amounting to $394,768. Cause: Due to the past financial performance of Integrity, repayment of the receivable balance was not able to be achieved by the end of the year. Effect: Funds have been provided to an affiliate through affiliate transactions that were not repaid as of the end of the year resulting in an outstanding receivable balance at December 31, 2022.