Maritime College of Forest Technology
Publicly funded institution · Fredericton, New Brunswick · BN 119033306RR0001 · Teaching Institutions
Source: T3010 return, FPE 2024-04-30. Split of total expenditures ($4,874,035) as filed with the CRA.
Maritime College of Forest Technology is a charitable organization based in Fredericton, New Brunswick, classified by the CRA under teaching institutions. 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 April 30, 2024, it reported $4.6M in revenue and $4.9M in expenditures.
Its funding that year was roughly 53% from government. Government funding is the majority of its budget. In 2024, 1 other registered charity reported granting it a combined $2,500.
Compared with 1,247 education institutions of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 18% of peers. Its highest-paid positions fell in the $80,000–119,999 range (4 positions in that band). The charity reported 25 permanent full-time positions.
Its filed list of directors and trustees shows 14 names.
In its own words
Education in forestry and fish & wildlife technology
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $4.6M | $4.9M | $3.8M | — | — | $1.3M |
| 2023 | $4.3M | $4.4M | $3.7M | — | — | $1.6M |
| 2022 | $4.3M | $4.2M | $3.5M | — | — | $1.7M |
| 2021 | $4.3M | $4.3M | $3.5M | — | $300 | $1.6M |
| 2020 | $4.4M | $4.3M | $3.5M | — | $2,417 | $1.5M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Received $2,500 from 1 charity:
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $80,000–119,9994 positions
- $40,000–79,9996 positions
- Permanent full-time positions25
- Total compensation, all staff$2.1M
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Heather Boyd (board chair); Kim Allen (board secretary); Michelle Gray (board vice chair); Glenn O'Connor (director); Chris Ward (director); Matt Parker (director); Karen Gatien (director); Kate Macquarrie (director); Peter Fullarton (director); Bill Best (director); Reg Woods (director); Becky Geneau (director); Chris Finnamore (acting co-executive dire); Gareth Davies (acting co-executive dire).
As listed on its 2024 return.
Check the source
Every figure on this page is from Maritime College of Forest Technology’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 119033306RR0001), or read how we compute the receipt.