McAdam Senior's Housing Complex Inc
Publicly funded institution · McAdam, New Brunswick · BN 132902255RR0001 · Organizations Relieving Poverty
Source: T3010 return, FPE 2024-03-31. Split of total expenditures ($91,380) as filed with the CRA.
McAdam Senior's Housing Complex Inc is a charitable organization based in McAdam, 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 $91K in revenue and $91K in expenditures.
Its funding that year was roughly 52% from government. Government funding is the majority of its budget.
Compared with 162 poverty-relief institutions of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 82% of peers.
Revenue has declined over its filings on record here, from $187K in 2020 to $91K in 2024. Its filed list of directors and trustees shows 7 names.
In its own words
Provide housing for seniors low income individuals and those with disabilities at reduced rental rates.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $91K | $91K | $90K | — | — | $18K |
| 2023 | $115K | $102K | $101K | — | — | $16K |
| 2022 | $85K | $89K | $89K | — | — | $5,148 |
| 2021 | $83K | $90K | $90K | — | — | $9,223 |
| 2020 | $187K | $174K | $169K | — | — | $16K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Directors & trustees (2024)
Dan Klassen (director); Debora Little (secretary); Mitchell Little (president); Kimberly Moffitt (director); Kathy Stannix (director); Kenneth Stannix (vice president); Guy Gravelle (treasurer).
As listed on its 2024 return.
Check the source
Every figure on this page is from McAdam Senior's Housing Complex Inc’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 132902255RR0001), or read how we compute the receipt.