Life Cycle Housing Society
Charitable organization · Powell River, British Columbia · BN 899517346RR0001 · Organizations Relieving Poverty
Source: T3010 return, FPE 2024-04-30. Split of total expenditures ($794,746) as filed with the CRA.
Life Cycle Housing Society is a charitable organization based in Powell River, British Columbia, classified by the CRA under organizations relieving poverty. In its fiscal year ending April 30, 2024, it reported $659K in revenue and $795K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Its funding that year was roughly 10% from donations, 17% from government.
Compared with 2,470 poverty-relief charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 61% of peers.
Revenue has grown substantially over its filings on record here, from $397K in 2020 to $659K in 2024. Its filed list of directors and trustees shows 7 names.
In its own words
To sponsor propose promote encourage support and advocate for the provision of affordable and accessible housing to meet the present and future needs of the community including persons with low income and moderate incomes seniors and persons with disabilities. The society provides housing in powel river through three properties : ontario avenue brew bay and cranberry village. Cranberry village has been redeveloped to increase the number of rental units available with the proportion of units available at or under market rates as set by the british columbia housing commission to …
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $659K | $795K | $732K | — | — | $313K |
| 2023 | $415K | $516K | $430K | — | — | $513K |
| 2022 | $421K | $602K | $520K | — | — | $613K |
| 2021 | $579K | $639K | $565K | — | — | $865K |
| 2020 | $397K | $374K | $346K | — | — | $924K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
What it pays
- Total compensation, all staff$127K
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Vicki Sanzalone (director); Patricia Christie (treasurer); Margaret Peters (director); Sharon Nash (secretary); Jan Hilton (director); Carolyn Jackson (president); Steve Short (vice-president).
As listed on its 2024 return.
Check the source
Every figure on this page is from Life Cycle Housing Society’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 899517346RR0001), or read how we compute the receipt.