Gulf Islands Seniors Residence Association
Charitable organization · Salt Spring Island, British Columbia · BN 868060534RR0001 · Organizations Relieving Poverty
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($1,581,542) as filed with the CRA.
Gulf Islands Seniors Residence Association is a charitable organization based in Salt Spring Island, British Columbia, classified by the CRA under organizations relieving poverty. In its fiscal year ending December 31, 2024, it reported $1.9M in revenue and $1.6M in expenditures.
In 2024, 2 other registered charities reported granting it a combined $1,486.
Compared with 1,125 poverty-relief charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 37% of peers. Its fundraising cost per donated dollar was lower than 100% of that peer group. Its highest-paid position fell in the $120,000–159,999 range. The charity reported 6 permanent full-time positions.
In its own words
GISRA continues to own and operate a 38 unit non-profit independent living residence for seniors. Our ongoing services include accommodations meals cleaning laundry maintenance and resident staff emergency support.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $1.9M | $1.6M | $1.3M | $0 | $0 | $3.7M |
| 2023 | $1.8M | $1.5M | $1.2M | $0 | $0 | $3.3M |
| 2022 | $1.6M | $1.5M | $1.3M | $0 | $0 | $3M |
| 2021 | $1.5M | $1.5M | $1.2M | $0 | $0 | $2.8M |
| 2020 | $1.6M | $1.3M | $1.1M | $0 | $0 | $2.6M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Received $1,486 from 2 charities:
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $120,000–159,9991 position
- $40,000–79,9994 positions
- $1–39,9991 position
- Permanent full-time positions6
- Total compensation, all staff$880K
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Check the source
Every figure on this page is from Gulf Islands Seniors Residence Association’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 868060534RR0001), or read how we compute the receipt.