'argus'- Residence for Young People
Publicly funded institution · Cambridge, Ontario · BN 118789429RR0001 · Organizations Relieving Poverty
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($1,813,087) as filed with the CRA.
'argus'- Residence for Young People is a charitable organization based in Cambridge, Ontario, classified by the CRA under organizations relieving poverty. It appears on the charity register the way hospitals, universities, and other publicly funded bodies do — to issue tax receipts — rather than as a donation-driven charity in the usual sense. In its fiscal year ending December 31, 2024, it reported $1.8M in revenue and $1.8M in expenditures.
Its funding that year was roughly 69% from government, 13% from other charities. Government funding is the majority of its budget. In 2024, 14 other registered charities reported granting it a combined $108K.
Compared with 1,618 poverty-relief institutions of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 35% of peers. Its highest-paid positions fell in the $80,000–119,999 range (2 positions in that band). The charity reported 11 permanent full-time positions.
Its filed list of directors and trustees shows 7 names.
In its own words
To relieve poverty by providing food and other basic supplies to persons of low income by establishing operating and maintaining shelters for the homeless and by providing counselling and other similar programs to relieve poverty. To develop employment training and education programs for needy persons. Residential homes for youth ages 14-18 who are low income were provided food lodging and personal needs. Firstconnect continued its phone program working with ages 18+ who are homeless or at risk of being homeless. Yess - ecoworks program continued to offer employment training programs using…
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $1.8M | $1.8M | $1.6M | $30K | — | $1.5M |
| 2023 | $2.1M | $2M | $1.9M | $27K | — | $1.5M |
| 2022 | $2.5M | $2.2M | $2.1M | $28K | — | $1.3M |
| 2021 | $2.2M | $2M | $1.9M | $8,226 | — | $1.1M |
| 2020 | $1.5M | $1.4M | $1.4M | $20K | — | $713K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Received $108K from 14 charities:
- United Way Waterloo Region Communities$80K
- The Hunt Family Charitable Foundation$7,500
- The Home Depot Canada Foundation$6,041
- The Home Depot Canada Foundation$5,023
- Hamilton Community Foundation$2,500
- Waterloo Region Community Foundation$2,500
- Canadahelps Canadon$2,097
- Canadian Online Giving Foundation$1,380
- The Roman Catholic Episcopal Corporation of the Diocese of Hamilton in Ontario$701
- Allen-Bradley Employees' Charitable Fund$230
- King Street Baptist Church$200
- CHIMP: Charitable Impact Foundation (Canada)$97
- PayPal Giving Fund Canada$68
- The Art Gallery of Hamilton—
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $80,000–119,9992 positions
- $40,000–79,9998 positions
- Permanent full-time positions11
- Total compensation, all staff$1.4M
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Eric Sheltra (chair); Karen Connors (secretary); Maragaret Brown (director); Lori Perkes (treasurer); Debra Derman (vice chair\); Alison Bell (director); Elizabeth Nieson (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from 'argus'- Residence for Young People’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 118789429RR0001), or read how we compute the receipt.