Fonds d'Emprunt Montérégie
Publicly funded institution · Brossard, Quebec · BN 864010137RR0001 · Foundations · website
Source: T3010 return, FPE 2024-03-31. Split of total expenditures ($293,222) as filed with the CRA.
Fonds d'Emprunt Montérégie is a charitable organization based in Brossard, Quebec, classified by the CRA under foundations. 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 March 31, 2024, it reported $298K in revenue and $293K in expenditures.
Its funding that year was roughly 73% from government. Government funding is the majority of its budget.
Compared with 54 grantmaking institutions of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 42% of peers. Its highest-paid positions fell in the $40,000–79,999 range (2 positions in that band). The charity reported 2 permanent full-time positions.
Its filed list of directors and trustees shows 7 names.
In its own words
Accorder des prêts à taux avantageux et un soutien-conseil aux personnes en situation défavorisée de la communauté montérégienne qui ont la volonté et le potentiel de réaliser un projet d'entreprise mais qui ne peuvent par avoie accès au financement traditionnel pour y parvenir. Éduquer cette même accès au financement traditionnel pour y parvenir. Éduquer cette même population défavorisée par le biais de sessions d'informations d'éducation et de formation afin de les sensibiliser au développement économique communautaire et de les impliquer dans le processus de développement économique et co…
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $298K | $293K | $239K | — | — | $385K |
| 2023 | $288K | $235K | $194K | — | — | $379K |
| 2022 | $293K | $306K | $236K | — | — | $326K |
| 2021 | $253K | $188K | $153K | — | — | $339K |
| 2020 | $254K | $194K | $164K | — | — | $274K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
What it pays
Its ten highest-paid positions, by band:
- $40,000–79,9992 positions
- Permanent full-time positions2
- Total compensation, all staff$155K
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Fadaili Touria (secrétaire); Carl O'Brien (président); Catherine Touzin (trésorière); Didier K. Muamba (administrateur); Nathalie Morrrissette (administrateur); Stéphanie Blais (vice-présidente); Marika Verreault (administrateur).
As listed on its 2024 return.
Check the source
Every figure on this page is from Fonds d'Emprunt Montérégie’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 864010137RR0001), or read how we compute the receipt.