Residenza Affordable Housing
Charitable organization · London, Ontario · BN 862374378RR0001 · Organizations Relieving Poverty · website
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($1,036,759) as filed with the CRA.
Residenza Affordable Housing is a charitable organization based in London, Ontario, classified by the CRA under organizations relieving poverty. In its fiscal year ending December 31, 2024, it reported $1.1M in revenue and $1M in expenditures.
Its funding that year was roughly 10% from donations. In 2024, 2 other registered charities reported granting it a combined $93K.
Compared with 1,125 poverty-relief charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 12% of peers. Its fundraising cost per donated dollar was lower than 100% of that peer group.
Revenue has grown substantially over its filings on record here, from $521K in 2020 to $1.1M in 2024. Its filed list of directors and trustees shows 13 names.
In its own words
Residenza Affordable Housing was developed to raise funds for building and maintaining a residential retirement community facility for the Italian senior community in London Ontario. They provide culturally sensitive care through social activities language food and ambiance within programs for seniors in affordable housing units. A second affordable housing facility was completed in fiscal 2020 to service more affordable housing needs for veterans low income earners and residents who require barrier free units.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $1.1M | $1M | $661K | $0 | — | -$264K |
| 2023 | $947K | $1M | $654K | — | — | -$294K |
| 2022 | $902K | $1.1M | — | — | — | -$196K |
| 2021 | $883K | $1M | — | — | — | -$38K |
| 2020 | $521K | $566K | — | — | — | $83K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Received $93K from 2 charities:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Carla Garagozzo (past president); Roger Caranci (president); Giuseppe Raffa (director); Angela D'oria (treasurer); Claudio De Vincenzo (vice-president); Michael Masciotra (director); Angela Greco Wilson (secretary); Pasquale De Vincenzo (director); Lorenzo Palumbo (vice-president); Nathan Caranci (director); Sarah Browning (director); Tina Parry (director); Scott Collyer (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Residenza Affordable Housing’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 862374378RR0001), or read how we compute the receipt.