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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 2012-06-30

Short-term assets $3,333,313
Accounts receivable from non-arm's length parties
Accounts receivable from other parties $100,469
Investments in non-arm's length parties
Long-term investments $4,039,927
Land and buildings in Canada $40,368,571
Other capital assets in Canada
Capital Assets outside of Canada
Accumulated amortization
Other Assets $28,063
Total Assets $47,870,343
Amount of capital and other assets not used in charitable programs


Liabilities for Period Ending 2012-06-30

Accounts payable/accrued liabilities $733,720
Deferred revenue $677,589
Amounts owing to non-arm's length parties
Other liabilities $48,957,501
Total liabilities $50,368,810


Revenue for Period Ending 2012-06-30

Total donations for which tax receipts were given $17,806
Total amount received from other charities $867,420
Total specified gifts from other charities
Total donations without tax receipts
Total received from the federal government
Total received from provincial/territorial government $4,229,638
Total received from municipal/regional government
Total received from government
Total received from all sources outside of Canada
Investment Income $281,902
Gross proceeds from disposition of assets
Net proceeds from disposition of assets
Gross income from rental of land or property $5,019,175
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 $81,226
Sources of other revenue Sundry and Grant
Total Revenue $10,497,167


Expenditures Before Gifts to Qualified Donees
for Period Ending 2012-06-30

Advertising and promotion $3,431
Travel and vehicle $51,225
Interest and bank charges $1,784,315
Licenses, memberships and dues $5,113
Office supplies and expenses $180,285
Occupancy costs $16,109
Professional and consulting fees $56,658
Training and education for staff and volunteers $3,613
Total expenditure on compensation $2,140,038
Fair market value of donated goods
Cost of all purchased supplies and assets
Amortization of capitalized assets $2,269,140
Expenditure for research grants and scholarships (part of charitable programs)
Other expenditures $2,699,537
Sources of other expenditures
Total expenditures before gifts to qualified donees $9,209,464


Break-down of Expenditures for Period Ending 2012-06-30

Amount spent on charitable programs $7,908,554
Amount spent on management and administrations $1,300,910
Fundraising expenses
Political activities expense
Other expenses
Gifts to qualified donees
Total Expenditures $9,209,464


Number of Permanent, full time paid employees 56

Top 10 compensated employees paid:

$40,000-$79,999 9
$80,000-$119,999 1

Number of part-time or seasonal employees 34
Total compensation for part-time employees $314,762
Total compensation for the organization $2,140,038

Directors/Trustees and Like Officials

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



Total Fundraising Expenditure

Fundraising activities carried out by the organization:

  • Mail campaigns
  • Targeted corporate donations/sponsorships
  • Fundraising Events

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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