Church Extension Investors Fund LTD.
Charitable organization · Burnaby, British Columbia · BN 888833043RR0001 · Support of Religion · website
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($1,556,868) as filed with the CRA.
Church Extension Investors Fund LTD. is a charitable organization based in Burnaby, British Columbia, classified by the CRA under support of religion. In its fiscal year ending December 31, 2024, it reported $2.4M in revenue and $1.6M in expenditures.
Compared with 2,238 religious charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 38% of peers. Its highest-paid position fell in the $40,000–79,999 range. The charity reported 2 permanent full-time positions.
It reported gifts to 1 qualified donee totalling $5,000 in 2023, the largest being $5,000 to The Alberta Baptist Association. Its filed list of directors and trustees shows 9 names.
In its own words
Church investors fund ltd. (ceif) is a religious organization that aids in the spreading of the gospel of the lord christ by all proper spiritual and financial means and methods including assisting in the financing of churches chapels and missions. Ceif provides loans to north american baptist and other churches chapels and ministries in canada with proceeds received from interest bearing bonds and obligations.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $2.4M | $1.6M | $1.3M | — | — | $10.6M |
| 2023 | $2M | $1.4M | $1.1M | — | $5,000 | $9.8M |
| 2022 | $832K | $1.1M | $855K | — | $14K | $9.2M |
| 2021 | $2.2M | $1M | $904K | — | $1,020 | $9.5M |
| 2020 | $1.8M | $1.2M | $1M | — | $36K | $8.3M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2023
Granted $5,000 to 1 qualified donee:
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $40,000–79,9991 position
- $1–39,9991 position
- Permanent full-time positions2
- Total compensation, all staff$72K
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Les Collins (president); Igor Mokhov (executive vice-president); Robert Glim (vice-president); Paul Nothof (secretary); Richard Brown (director); Kevin Bender (chairman); Robert Krahn (director); Darin Bruins (director); Benjamin Krichun (treasurer).
As listed on its 2024 return.
Check the source
Every figure on this page is from Church Extension Investors Fund LTD.’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 888833043RR0001), or read how we compute the receipt.