Ivan Franko Homes
Publicly funded institution · Mississauga, Ontario · BN 119275014RR0001 · Organizations Relieving Poverty
Source: T3010 return, FPE 2024-03-31. Split of total expenditures ($13,345,842) as filed with the CRA.
Ivan Franko Homes is a charitable organization based in Mississauga, Ontario, 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 $13.7M in revenue and $13.3M in expenditures.
Its funding that year was roughly 7% from donations, 57% from government. Government funding is the majority of its budget. In 2024, 7 other registered charities reported granting it a combined $117K.
Compared with 427 poverty-relief institutions of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 14% of peers. Its highest-paid position fell in the $160,000–199,999 range. The charity reported 93 permanent full-time positions.
Revenue has grown substantially over its filings on record here, from $8.8M in 2020 to $13.7M in 2024. Its filed list of directors and trustees shows 10 names.
In its own words
Not-for-profit nursing home operation and housing / assisted living services for seniors and low-income seniors houses the elderly
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $13.7M | $13.3M | $11.2M | $642K | — | $8.8M |
| 2023 | $12.9M | $11.2M | $9.9M | $69K | — | $8.5M |
| 2022 | $11.7M | $10.8M | $9.6M | $24K | — | $6.7M |
| 2021 | $10.9M | $10.2M | $8.8M | $25K | — | $5.7M |
| 2020 | $8.8M | $8.4M | $7.1M | $125K | — | $5.1M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Received $117K from 7 charities:
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $160,000–199,9991 position
- $120,000–159,9992 positions
- $80,000–119,9997 positions
- Permanent full-time positions93
- Total compensation, all staff$8.7M
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Lesia Babiak (director); Yuri Chumak (secretary); George Horhota (president); George Huculak (director); Ihor Perehinec (treasurer); Walentyna Rodak (director); Raya Shadursky (director); Larissa Tkachenko (vice-president); Christine Witowych (director); Alexandra Melo (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Ivan Franko Homes’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 119275014RR0001), or read how we compute the receipt.