The Black Business and Professional Association
Charitable organization · Toronto, Ontario · BN 108073503RR0001 · Community Resource Organizations · website
Source: T3010 return, FPE 2024-03-31. Split of total expenditures ($3,600,525) as filed with the CRA.
The Black Business and Professional Association is a charitable organization based in Toronto, Ontario, classified by the CRA under community resource organizations. In its fiscal year ending March 31, 2024, it reported $3.6M in revenue and $3.6M in expenditures.
Its funding that year was roughly 45% from government. In 2024, 13 other registered charities reported granting it a combined $464K.
Compared with 299 community-service charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 10% of peers. Its highest-paid position fell in the $160,000–199,999 range. The charity reported 23 permanent full-time positions.
Revenue has grown substantially over its filings on record here, from $620K in 2020 to $3.6M in 2024. Its filed list of directors and trustees shows 6 names.
In its own words
Assistance to profit organizations and national scholarships
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $3.6M | $3.6M | $2.2M | — | — | $614K |
| 2023 | $4.6M | $5.2M | $3.8M | — | — | $305K |
| 2022 | $3.6M | $4.9M | $4.7M | — | — | $825K |
| 2021 | $3.3M | $1.5M | $1.5M | — | — | $2.1M |
| 2020 | $620K | $556K | $553K | $3,000 | — | $329K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Received $464K from 13 charities:
- Toronto Foundation$217K
- Rideau Hall Foundation$135K
- Canadahelps Canadon$30K
- Canadahelps Canadon$30K
- The Prenstin Foundation$17K
- Canadian Online Giving Foundation$8,669
- United Way East Ontario / Centraide Est de l'Ontario$6,010
- Aqueduct Foundation$6,000
- United Way of Greater Toronto$5,832
- Kindred Foundation$4,400
- Levy McLean Family Foundation$3,500
- The Fuller Giving Foundation$1,000
- PayPal Giving Fund Canada$25
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $160,000–199,9991 position
- $120,000–159,9991 position
- $40,000–79,9994 positions
- $1–39,99917 positions
- Permanent full-time positions23
- Total compensation, all staff$711K
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Michael Pinnock (treasurer); Rossing Cadastre (president); Rustum Southwell (director at large); Roderick Brereton (membership director); Pennie Santiago (governance director); Carmen Hanson-Hoyte (secretary).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Black Business and Professional Association’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 108073503RR0001), or read how we compute the receipt.