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Year End


Type of Org Charitable Organization
Category Welfare Organizations (not else classified)
Business Registration Number 122654999RR0001
Status Active
Mailing Address 827 FISGARD ST

Revenue & Total Expenditures

Areas of Operation

Housing (seniors, low-income people, and those with disabilities) 100 %

Information added by the charity

No additional information has been added by the charity

Historic Annual Reports
No annual reports have been shared with CharityFocus.

Historic Financial Statements
No financial statements have been shared with CharityFocus.

Supplemental Documents
No supplemental documents have been shared with CharityFocus.

Please note the organization's description will appear in the language in which it was submitted to the CRA.

New Programs

(As submitted by the charity to the Canada Revenue Agency)

Ongoing Programs

(As submitted by the charity to the Canada Revenue Agency)

We provide low cost rental accommodation for low income and difficult to house individuals. This includes helping to provide housing for people with mental illness and a variety of other disabilities, as well as support programs to enhance the lives of our tenants'.



Type of accounting used Accrual

Assets for Period Ending 2013-06-30

Short-term assets $2,405,622
Accounts receivable from non-arm's length parties
Accounts receivable from other parties $212,551
Investments in non-arm's length parties
Long-term investments $3,917,283
Land and buildings in Canada $41,187,346
Other capital assets in Canada
Capital Assets outside of Canada
Accumulated amortization
Other Assets $344,689
Total Assets $48,067,491
Amount of capital and other assets not used in charitable programs


Liabilities for Period Ending 2013-06-30

Accounts payable/accrued liabilities $639,972
Deferred revenue $517,897
Amounts owing to non-arm's length parties
Other liabilities $49,142,931
Total liabilities $50,300,800


Revenue for Period Ending 2013-06-30

Total donations for which tax receipts were given $28,589
Total amount received from other charities $487,172
Total specified gifts from other charities
Total donations without tax receipts
Total received from the federal government
Total received from provincial/territorial government $4,225,333
Total received from municipal/regional government
Total received from government
Total received from all sources outside of Canada
Investment Income -$39,119
Gross proceeds from disposition of assets
Net proceeds from disposition of assets
Gross income from rental of land or property $5,405,939
Non-tax receipted revenue from membership and association dues
Non-tax receipted revenue from fundraising
Revenue from sale of goods (not to government)
Other revenue $109,830
Sources of other revenue Cable, penalties, laundry income, parking, misc.
Total Revenue $10,217,744


Expenditures Before Gifts to Qualified Donees
for Period Ending 2013-06-30

Advertising and promotion $7,746
Travel and vehicle $13,352
Interest and bank charges $1,802,083
Licenses, memberships and dues $46,060
Office supplies and expenses $164,312
Occupancy costs $19,063
Professional and consulting fees $74,076
Training and education for staff and volunteers $4,883
Total expenditure on compensation $2,335,551
Fair market value of donated goods
Cost of all purchased supplies and assets
Amortization of capitalized assets $2,420,190
Expenditure for research grants and scholarships (part of charitable programs)
Other expenditures $3,057,620
Sources of other expenditures
Total expenditures before gifts to qualified donees $9,944,936


Break-down of Expenditures for Period Ending 2013-06-30

Amount spent on charitable programs $8,470,415
Amount spent on management and administrations $1,474,521
Fundraising expenses
Political activities expense
Other expenses
Gifts to qualified donees
Total Expenditures $9,944,936


Number of Permanent, full time paid employees 49

Top 10 compensated employees paid:

$1-$39,999 2
$40,000-$79,999 7
$80,000-$119,999 1

Number of part-time or seasonal employees 26
Total compensation for part-time employees $472,503
Total compensation for the organization $2,335,551

Directors/Trustees and Like Officials

Director's Name Position At Arm's Length
Deborah GeorgePresident
Sang-Kiet LyDirector
Terry FarmerVice President
James GustafsonTreasurer
Jamie HallSecretary
Sharlie HuffmanDirector
Marnie HillDirector



Total Fundraising Expenditure

Fundraising activities carried out by the organization:

  • Internet
  • Mail campaigns
  • Targeted contacts
  • Art Show

Did organization pay external fundraisers? No
Gross revenue generated by fundraiser
Amount paid to fundraiser
Method of payment for fundraiser




This charity did not engage in international activities



Retrieving Data
​Please note: All financial information on this page comes directly from the Canada Revenue Agency's Charities Directorate. We do not make any attempt to correct or change information we receive. If you are associated with a charity and you notice an error, please see the Charity Directorate's site on how to Amend the T3010 information return ( Please see our terms of use ( for more information.
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