Key Industries Inc.
Publicly funded institution · Saint John, New Brunswick · BN 107566275RR0001 · Organizations Relieving Poverty
Source: T3010 return, FPE 2024-03-31. Split of total expenditures ($9,108,883) as filed with the CRA.
Key Industries Inc. is a charitable organization based in Saint John, 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 $9.9M in revenue and $9.1M in expenditures.
Its funding that year was roughly 80% from government. Government funding is the majority of its budget. In 2024, 4 other registered charities reported granting it a combined $15K.
Compared with 1,618 poverty-relief institutions of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 47% of peers. Its highest-paid positions fell in the $200,000–249,999 range (2 positions in that band). The charity reported 149 permanent full-time positions.
Its filed list of directors and trustees shows 12 names.
In its own words
The organization provides services to empower persons with a disability to achieve social community and economic independence. As a registered charity it is exempt from income taxes. The organization operates under the names key industries elite support services promo heroes elev8 and welcome home residential homecare services. Key industries operates the promotional product company('promo heroes') as a social enterprise providing employment opportunities and support. Promo heroes provides promotional products to local companies corporations unions non-profits and teams.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $9.9M | $9.1M | $8.1M | — | — | $6M |
| 2023 | $8.4M | $7.9M | $529K | $369K | — | $5.2M |
| 2022 | $7.9M | $7.1M | $6.2M | — | — | $4.7M |
| 2021 | $8M | $6.2M | $5.5M | — | — | $3.8M |
| 2020 | $6.7M | $6.1M | $5.5M | — | — | $2.1M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Received $15K from 4 charities:
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $200,000–249,9992 positions
- $40,000–79,9998 positions
- Permanent full-time positions149
- Total compensation, all staff$6.8M
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Roderick Belyea (treasurer); Cathy Fawcett (director); Tom Gallant (director); Jim Humby (director); Tom James (first chair chair); Nargis Kheraj (secretary); Jill Knee (director); Nancy Lacasse-Mason (director); Kenney Parks (chair); Mark Wilson (past chair); Mitchell McLeod (director); Bruce Sullivan (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Key Industries Inc.’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 107566275RR0001), or read how we compute the receipt.