Lonset Non-Profit Housing Corporation Inc.
Charitable organization · London, Ontario · BN 119024370RR0001 · Organizations Relieving Poverty
Source: T3010 return, FPE 2024-07-31. Split of total expenditures ($352,881) as filed with the CRA.
Lonset Non-Profit Housing Corporation Inc. is a charitable organization based in London, Ontario, classified by the CRA under organizations relieving poverty. In its fiscal year ending July 31, 2024, it reported $430K in revenue and $353K in expenditures.
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 18% of peers. Its highest-paid position fell in the $40,000–79,999 range. The charity reported 2 permanent full-time positions.
Its filed list of directors and trustees shows 11 names.
In its own words
Operates a 45 unit non-profit seniors apartment building offering low market rate rent and rentgeared to income.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $430K | $353K | $232K | — | — | $870K |
| 2023 | $442K | $446K | $346K | — | — | $793K |
| 2022 | $423K | $392K | $344K | — | — | $797K |
| 2021 | $410K | $253K | $227K | — | — | $0 |
| 2020 | $583K | $231K | $205K | — | — | $0 |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
What it pays
Its ten highest-paid positions, by band:
- $40,000–79,9991 position
- $1–39,9991 position
- Permanent full-time positions2
- Total compensation, all staff$88K
Schedule 3 of its 2021 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Magdalene Bassey (director); Jo-Anne Beye (director); Petra Bosma Kooman (director); Geoff Tiedemann (director); Jamie Loewen (director); Larry Shaw (treasurer); Paul Smith (president); Robert Smith (president); Geddes Mahabir (vice-president); Gus Ayim (secretary); Alfredo Bittencourt (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Lonset Non-Profit Housing Corporation Inc.’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 119024370RR0001), or read how we compute the receipt.