Fredericton Non-Profit Housing Corporation Inc.
Publicly funded institution · Fredericton, New Brunswick · BN 118931286RR0001 · Organizations Relieving Poverty
Source: T3010 return, FPE 2024-03-31. Split of total expenditures ($878,095) as filed with the CRA.
Fredericton Non-Profit Housing Corporation Inc. is a charitable organization based in Fredericton, New Brunswick, 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 March 31, 2024, it reported $907K in revenue and $878K in expenditures.
Its funding that year was roughly 52% from government. Government funding is the majority of its budget. In 2023, 1 other registered charity reported granting it a combined $96.
Compared with 1,890 poverty-relief institutions of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 36% of peers. Its highest-paid positions fell in the $40,000–79,999 range (2 positions in that band). The charity reported 4 permanent full-time positions.
Its filed list of directors and trustees shows 12 names.
In its own words
The organization owns and operates low income rental housing units in fredericton nb. Most of the units are for families. Some are for non-elderly singles. Rent is based on family income. All of the units are in whole or in part government funded.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $907K | $878K | $713K | — | — | $713K |
| 2023 | $985K | $968K | $831K | — | — | $680K |
| 2022 | $945K | $933K | $816K | — | — | $663K |
| 2021 | $942K | $954K | $850K | — | — | $650K |
| 2020 | $950K | $892K | $797K | — | — | $650K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2023
Received $96 from 1 charity:
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $40,000–79,9992 positions
- $1–39,9992 positions
- Permanent full-time positions4
- Total compensation, all staff$181K
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Devansh Bavishi (board member); Jeremy Cole (secretary/treasurer); Sarah McDonald (board member); Andree McLean (board member); Justin Morehouse (board member); Bill O'Donnell (board member); Marilyn O'Hara (past-president); Kim O'Toole (board member); Michael Young (president); Denver Boreland (board member); Janet Moser (board member); Randall Leavitt (property manager).
As listed on its 2024 return.
Check the source
Every figure on this page is from Fredericton Non-Profit Housing Corporation Inc.’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 118931286RR0001), or read how we compute the receipt.