The Chabad Lubavitch Non-Profit Loan Organization
Charitable organization · Montreal, Quebec · BN 896223179RR0001 · Organizations Relieving Poverty
Source: T3010 return, FPE 2024-03-31. Split of total expenditures ($25,135) as filed with the CRA.
The Chabad Lubavitch Non-Profit Loan Organization is a charitable organization based in Montreal, Quebec, classified by the CRA under organizations relieving poverty. In its fiscal year ending March 31, 2024, it reported $22K in revenue and $25K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Its funding that year was roughly 100% from donations. In 2024, 5 other registered charities reported granting it a combined $5,253.
Compared with 2,855 poverty-relief charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 9% of peers. Its reserves, measured in years of spending on hand, sat in the top decile of the group.
Its filed list of directors and trustees shows 4 names.
In its own words
Give loans to the needy and widows services for l ow income people
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $22K | $25K | $8,562 | — | — | $857K |
| 2023 | $20K | — | — | — | — | $861K |
| 2022 | $23K | — | — | — | — | $835K |
| 2021 | $28K | — | — | — | — | $864K |
| 2020 | $17K | $20K | — | — | — | $857K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
- Total compensation, all staff$17K
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Albert Tietelbaum (president); Mayer Chaikin (vice president); Yossi C Kessler (treasurer / director); Dovid Leib Perlstein (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Chabad Lubavitch Non-Profit Loan Organization’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 896223179RR0001), or read how we compute the receipt.