The Kenneth E. Spencer Memorial Home Inc.
Publicly funded institution · Moncton, New Brunswick · BN 121989255RR0001 · Relief of the Aged
Source: T3010 return, FPE 2024-03-31. Split of total expenditures ($18,153,665) as filed with the CRA.
The Kenneth E. Spencer Memorial Home Inc. is a charitable organization based in Moncton, New Brunswick, classified by the CRA under relief of the aged. 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 $17.2M in revenue and $18.2M in expenditures.
Its funding that year was roughly 73% from government. Government funding is the majority of its budget. In 2024, 3 other registered charities reported granting it a combined $639.
Its highest-paid positions fell in the $120,000–159,999 range (2 positions in that band). The charity reported 159 permanent full-time positions.
Its filed list of directors and trustees shows 9 names.
In its own words
Operated a 200 bed nursing home to relieve suffering and disabilities caused normally by old age but also disabilitating diseases. Provide 24 hr a day nursing care housekeeping laundry maintenance and dietary staff to support the physical mental religious needs to residents.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $17.2M | $18.2M | $17.7M | — | — | -$3.8M |
| 2023 | $17.3M | $17.3M | $16.8M | — | — | -$2.9M |
| 2022 | $16M | $16.7M | $16.3M | — | — | -$2.9M |
| 2021 | $16.2M | $16.7M | $16.2M | — | — | -$2.2M |
| 2020 | $14.5M | $15.1M | $14.8M | — | — | -$1.6M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Received $639 from 3 charities:
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $120,000–159,9992 positions
- $80,000–119,9998 positions
- Permanent full-time positions159
- Total compensation, all staff$14.3M
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Laura Selig (chair); Michael Trites (vice chair); Terrance Bentley; Gordon Horsman; Janice Cameron; Frank Haines; Terry Macpherson; Timothy Maclaggan; Dale Briggs.
As listed on its 2024 return.
Check the source
Every figure on this page is from The Kenneth E. Spencer Memorial Home Inc.’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 121989255RR0001), or read how we compute the receipt.