Ottawa Heart Institute Research Corporation-Corporation de Recherches de l'institut de Cardiologie d'ottawa
Charitable organization · Ottawa, Ontario · BN 137412649RR0001 · Research · website
Source: T3010 return, FPE 2024-03-31. Split of total expenditures ($44,318,437) as filed with the CRA.
Ottawa Heart Institute Research Corporation-Corporation de Recherches de l'institut de Cardiologie d'ottawa is a charitable organization based in Ottawa, Ontario, classified by the CRA under research. In its fiscal year ending March 31, 2024, it reported $40.3M in revenue and $44.3M in expenditures.
Its funding that year was roughly 34% from government, 35% from other charities. In 2024, 11 other registered charities reported granting it a combined $6.9M.
Compared with 74 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 89% of peers. Its highest-paid position fell in the $350,000 and over range. The charity reported 249 permanent full-time positions.
Its filed list of directors and trustees shows 18 names.
In its own words
Ohirc conducts acquires solicits and accepts research funding to operate and maintain laboratories and a research facility. It's research programs are directed towards developing an increased understanding in cardiovascular disease its cause and its prevention.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $40.3M | $44.3M | $43.7M | — | — | $44M |
| 2023 | $79.4M | $36M | $10M | — | — | $48M |
| 2022 | $32.6M | $32.6M | $31.4M | — | — | $4.6M |
| 2021 | $32.5M | $32.1M | $31.1M | — | — | $4.6M |
| 2020 | $35.4M | $35.4M | $34.3M | — | — | $4.6M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Received $6.9M from 11 charities:
- University of Ottawa Heart Institute Foundation Fondation de l'Institut de Cardiologie de l'Universite d'Ottawa$6.6M
- Brain Canada Foundation$286K
- United Way East Ontario / Centraide Est de l'Ontario$3,688
- PayPal Giving Fund Canada$1,140
- Strategic Charitable Giving Foundation$1,080
- Canadahelps Canadon$898
- Strategic Charitable Giving Foundation$690
- Kelly Family Foundation$480
- Canadian Online Giving Foundation$440
- United Way of Leeds and Grenville$300
- My Tribute Gift Foundation—
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $350,000 and over1 position
- $160,000–199,9992 positions
- $120,000–159,9997 positions
- Permanent full-time positions249
- Total compensation, all staff$26.3M
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Jocelyn Côté (director); Jacques Fauteux (director); David Adderley (director); Micheline Pion (director); Diana Burns (treasurer); Lakshmi Krishnan (director); Guy Levesque (director); Thierry Mesana (president and ceo); Thierry Mesana (secretary); Ruth Rayman (director); Duncan Stewart (director); Marc-Andre Groulx (director); Rajagopalan Thuppal (director); Keira Torkko (chair); Michael Weider (director); Keira Torkko (director); Michael Weider (vice-chair); Don Bayne (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Ottawa Heart Institute Research Corporation-Corporation de Recherches de l'institut de Cardiologie d'ottawa’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 137412649RR0001), or read how we compute the receipt.