Formaca
Charitable organization · Montmagny, Quebec · BN 143507473RR0001 · Community Resource Organizations · website
Source: T3010 return, FPE 2024-03-31. Split of total expenditures ($6,615,647) as filed with the CRA.
Formaca is a charitable organization based in Montmagny, Quebec, classified by the CRA under community resource organizations. In its fiscal year ending March 31, 2024, it reported $6.8M in revenue and $6.6M in expenditures.
Its funding that year was roughly 29% from government.
Compared with 299 community-service charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 58% of peers. Its highest-paid positions fell in the $80,000–119,999 range (3 positions in that band). The charity reported 85 permanent full-time positions.
Revenue has grown substantially over its filings on record here, from $4.5M in 2020 to $6.8M in 2024. Its filed list of directors and trustees shows 10 names.
In its own words
L'organisme est un centre de travail adapté aux personnes handicapées dans le domaine de la fabrication de palettes de bois ainsi que de la sous-traitance sous forme de service.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $6.8M | $6.6M | $5.7M | — | — | $3.4M |
| 2023 | $7.7M | $7.4M | $6.6M | — | — | $3.2M |
| 2022 | $7.2M | $6.6M | $5.8M | — | — | $3M |
| 2021 | $5.4M | $4.9M | $4.2M | — | — | $2.4M |
| 2020 | $4.5M | $4.1M | $3.6M | — | — | $1.9M |
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:
- $80,000–119,9993 positions
- $40,000–79,9997 positions
- Permanent full-time positions85
- Total compensation, all staff$3.7M
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
André Dufresne (administrateur); Jean-Francois Boucher (administrateur); Mélissa Barette (administrateur); Francois Couillard (sec trésorier); Élisabeth Caron (directrice générale); Francois ST-Laurent (administrateur); Juan Mercier Bélanger (administrateur); Raymond Gouin (president); Mario Blais (administrateur); Simon Harvey (administrateur).
As listed on its 2024 return.
Check the source
Every figure on this page is from Formaca’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 143507473RR0001), or read how we compute the receipt.