Silver Threads Service Senior Citizens Activity Centre
Publicly funded institution · Victoria, British Columbia · BN 107981037RR0001 · Organizations Relieving Poverty · website
Source: T3010 return, FPE 2024-03-31. Split of total expenditures ($883,043) as filed with the CRA.
Silver Threads Service Senior Citizens Activity Centre is a charitable organization based in Victoria, British Columbia, 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 $781K in revenue and $883K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Its funding that year was roughly 59% from government. Government funding is the majority of its budget. In 2024, 6 other registered charities reported granting it a combined $41K.
Compared with 1,890 poverty-relief institutions of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 51% of peers. Its highest-paid positions fell in the $40,000–79,999 range (5 positions in that band). The charity reported 5 permanent full-time positions.
Its filed list of directors and trustees shows 7 names.
In its own words
Silver threads service is a charitable not-for profit society that enhances social connections and well-being for seniors. We do this by providing programs and services that are accessible to all. Our vision is seniors are engaged and supported enhancing their quality of life. We operate two activity centres one is saanich and one in victoria and provide a wide variety of programs that include fitness sports wellness art music games educational social and discussion groups. Our services include senior mentoring computer support food share telephone reassurance and information and …
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $781K | $883K | $766K | — | — | $576K |
| 2023 | $841K | $828K | $727K | — | — | $678K |
| 2022 | $1.1M | $745K | $656K | — | — | $665K |
| 2021 | $843K | $729K | $638K | — | — | $315K |
| 2020 | $778K | $774K | $679K | — | — | $201K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Received $41K from 6 charities:
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $40,000–79,9995 positions
- Permanent full-time positions5
- Total compensation, all staff$520K
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Marjorie Moulton (president); Shawn Rankin (treasurer); Margaret Jacobson (director); Kerri Gibson (director); Gail Snider (director); Twyla Johnson (vice president); Kim Duffus (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Silver Threads Service Senior Citizens Activity Centre’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 107981037RR0001), or read how we compute the receipt.