Rising Tide Community Initiatives Communautaire Marée Montante Inc.
Publicly funded institution · Moncton, New Brunswick · BN 762785335RR0001 · Organizations Relieving Poverty · website
Source: T3010 return, FPE 2024-03-31. Split of total expenditures ($1,976,544) as filed with the CRA.
Rising Tide Community Initiatives Communautaire Marée Montante Inc. is a charitable organization based in Moncton, 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 $2.2M in revenue and $2M in expenditures.
Its funding that year was roughly 66% from government. Government funding is the majority of its budget. In 2024, 3 other registered charities reported granting it a combined $22K.
Compared with 1,618 poverty-relief institutions of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 96% of peers. Its highest-paid position fell in the $80,000–119,999 range. The charity reported 14 permanent full-time positions.
Its filed list of directors and trustees shows 9 names.
In its own words
Rising Tide Community Initiatives Inc. was established as a non-profit charity in 2019 to support the City of Moncton Implementation Plan for Affordable Housing with the objective of creating affordable housing units for low-income residents and the most vulnerable members of the community. In doing so Rising Tide would contribute to the City’s goal of a 50% reduction in the number of people experiencing chronically homelessness.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2023–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $2.2M | $2M | $2M | — | — | $0 |
| 2023 | — | $1.1M | $1M | — | — | $1.1M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Received $22K from 3 charities:
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $80,000–119,9991 position
- $40,000–79,99913 positions
- Permanent full-time positions14
- Total compensation, all staff$698K
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Dale Hicks (president); Greg Lutes (vice president); Debbie McInnes (director); Shannon Reid (treasurer); Don MacLellan (secretary); Lawrence Forbes (director); Dawn Ermen Cormier (director); Mike Mann (director); John Wishart (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Rising Tide Community Initiatives Communautaire Marée Montante Inc.’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 762785335RR0001), or read how we compute the receipt.