HERITAGE ACRES INC., HERITAGE ACRES III LP, HERITAGE ACRES IV LP: Single Audit Reports and Findings

HERITAGE ACRES INC., HERITAGE ACRES III LP, HERITAGE ACRES IV LP filed 10 single audits between 2016 and 2025; the most recently observed auditor is CASEY PETERSON, LTD (2025), and the 2025 report lists 0 findings, including 1 material weakness. Data as of 2026-09-14.

Data as of Sep 14, 2026 · Source: Federal Audit Clearinghouse (public data)

Single audits by year

One row per audit year as the Federal Audit Clearinghouse accepted it. The auditor named is the one observed on that filing; HERITAGE ACRES INC., HERITAGE ACRES III LP, HERITAGE ACRES IV LP is recorded in STURGIS, South Dakota under EIN 460386021, and the Clearinghouse records it as a nonprofit.

Single audits filed by HERITAGE ACRES INC., HERITAGE ACRES III LP, HERITAGE ACRES IV LP
Audit yearFiscal year endFederal expendedThreshold appliedAuditor observedFindingsMW / SDFAC report
20252025-12-31$7,601,405$1,000,000CASEY PETERSON, LTD0MW2025-12-GSAFAC-0000408528
20242024-12-31$7,615,728$750,000CASEY PETERSON, LTD0MW2024-12-GSAFAC-0000354924
20232023-12-31$7,657,073$750,000CASEY PETERSON, LTD0MW2023-12-GSAFAC-0000031012
20222022-12-31$7,658,245$750,000CASEY PETERSON, LTD0SD2022-12-CENSUS-0000069035
20212021-12-31$7,659,463$750,000CASEY PETERSON, LTD4MW2021-12-CENSUS-0000069035
20202020-12-31$6,214,688$750,000CASEY PETERSON, LTD4MW2020-12-CENSUS-0000069035
20192019-12-31$5,005,010$750,000CASEY PETERSON, LTD3MW2019-12-CENSUS-0000069035
20182018-12-31$5,046,446$750,000CASEY PETERSON, LTD3MW2018-12-CENSUS-0000069035
20172017-12-31$5,119,192$750,000CASEY PETERSON, LTD6MW / SD2017-12-CENSUS-0000069035
20162016-12-31$5,176,500$750,000CASEY PETERSON, LTD3MW2016-12-CENSUS-0000069035

Which federal programs did this organization report?

From the most recent accepted report. "Major" is the designation the auditor made under 2 CFR 200.518, not ours.

Federal programs on the most recent report
ALNProgramExpendedMajor
10.415RURAL RENTAL HOUSING LOANS$6,926,586Yes
10.415RURAL RENTAL HOUSING LOANS$567,264Yes
10.415RURAL RENTAL HOUSING LOANS$107,555Yes

What findings did the auditor report?

The reference and the requirement letter are the ones the auditor used. The finding text itself is not reproduced here; the FAC report linked above carries it in full.

The most recent report lists no finding.

Form 990 and IRS registration

Form 990 "accounting fees" (Part IX line 11c) cover all accounting services reported by the organization and are not the price of an audit engagement.

Most recent return
990 for 2025-12
Total revenue
$1,063,721
Total assets
$5,263,547
Accounting fees (Part IX line 11c)
$28,110
Paid preparer
CASEY PETERSON LTD
IRS object id
202600739349300115
Exempt under
501(c)(3)
Ruling year
1986
BMF release
2026-09-17

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How we computed this

Every row comes from the Federal Audit Clearinghouse record named beside it, one report per audit year, with a resubmission superseding the filing it replaces. The auditor is the one named on that filing — it is not a statement about who audits HERITAGE ACRES INC., HERITAGE ACRES III LP, HERITAGE ACRES IV LP now. Form 990 figures come from the IRS e-filed return named by its object id. This page exists because the organization filed at least two single audits, or one with a finding.

Cite this page

AuditRadar. “HERITAGE ACRES INC., HERITAGE ACRES III Single Audits.” https://getauditradar.com/single-audits/sd/heritage-acres-inc-heritage-acres-iii-lp-heritage-acres-iv-lp-460386021/. Data as of 2026-09-14.

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