The Board of Governors of Northern Lakes College
Publicly funded institution · Slave Lake, Alberta · BN 883020596RR0001 · Teaching Institutions · website
Source: T3010 return, FPE 2024-06-30. Split of total expenditures ($40,529,268) as filed with the CRA.
The Board of Governors of Northern Lakes College is a charitable organization based in Slave Lake, Alberta, classified by the CRA under teaching institutions. 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 June 30, 2024, it reported $44M in revenue and $40.5M in expenditures.
Its funding that year was roughly 71% from government. Government funding is the majority of its budget. In 2024, 5 other registered charities reported granting it a combined $16K.
Compared with 733 education institutions of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 9% of peers. Its highest-paid position fell in the $250,000–299,999 range. The charity reported 230 permanent full-time positions.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $44M | $40.5M | $22.2M | — | — | $49M |
| 2023 | $42.7M | $38.1M | $20.7M | — | — | $43.9M |
| 2022 | $44.5M | $38.6M | $19.4M | $0 | $0 | $39.7M |
| 2021 | $40.8M | $37M | $19.4M | — | — | $37.6M |
| 2020 | $42.8M | $41.8M | $22.2M | — | — | $32.5M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Received $16K from 5 charities:
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $250,000–299,9991 position
- $200,000–249,9991 position
- $160,000–199,9994 positions
- $120,000–159,9994 positions
- Permanent full-time positions230
- Total compensation, all staff$25.9M
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Check the source
Every figure on this page is from The Board of Governors of Northern Lakes College’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 883020596RR0001), or read how we compute the receipt.