Residences 445 Georges Inc
Charitable organization · Magog, Quebec · BN 129951190RR0001 · Organizations Relieving Poverty
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($54,383) as filed with the CRA.
Residences 445 Georges Inc is a charitable organization based in Magog, Quebec, classified by the CRA under organizations relieving poverty. In its fiscal year ending December 31, 2024, it reported -$208K in revenue and $54K in expenditures.
Compared with 2,855 poverty-relief charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 39% of peers. Its reserves, measured in years of spending on hand, sat in the top decile of the group.
It reported gifts to 2 qualified donees totalling $49K in 2024, the largest being $39K to Accueil Notre-Dame Inc.. Revenue has declined over its filings on record here, from $145K in 2020 to -$208K in 2024. Its filed list of directors and trustees shows 5 names.
In its own words
L'organisme fait des dons à d'autres organismes de bienfaisance enregistrée à la hauteur minimal de 3.5 % de son actif.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | -$208K | $54K | — | — | $49K | $2.5M |
| 2023 | $106K | $95K | — | — | $80K | $2.8M |
| 2022 | -$99K | $186K | — | — | $180K | $2.8M |
| 2021 | $146K | $46K | — | — | $43K | $3M |
| 2020 | $145K | $22K | — | — | $21K | $2.7M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $49K to 2 qualified donees:
- Accueil Notre-Dame Inc.$39K
- Espace M$10K
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Pierre Beaupré (président); Maurice Rancourt (vice-président); Maryse Gendron (secrétaire); Yves Beauvais (administrateur); Adrien Mercier (administrateur).
As listed on its 2024 return.
Check the source
Every figure on this page is from Residences 445 Georges Inc’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 129951190RR0001), or read how we compute the receipt.