The Town of Olds Library Board
Publicly funded institution · Olds, Alberta · BN 140913682RR0001 · Public Amenities
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($578,568) as filed with the CRA.
The Town of Olds Library Board is a charitable organization based in Olds, Alberta, classified by the CRA under public amenities. 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 December 31, 2024, it reported $689K in revenue and $579K in expenditures.
Its funding that year was roughly 91% from government. Government funding is the majority of its budget. In 2024, 4 other registered charities reported granting it a combined $7,564.
Compared with 686 public-amenity institutions of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 68% of peers. Its fundraising cost per donated dollar was lower than 92% of that peer group. Its highest-paid positions fell in the $40,000–79,999 range (8 positions in that band). The charity reported 15 permanent full-time positions.
Its filed list of directors and trustees shows 3 names.
In its own words
The library's mandale is to provide convenient access to resources that meet the lifelong information needs of the commuinty.programs include access to any library in alberta throught the alberta library. Cnib access book delivery servcies computer and technology access facilty rentals etc to meet the needs of over 50 000 people entering our library and many more that use our delivery service through wireless access etc.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $689K | $579K | $524K | $344 | — | $410K |
| 2023 | $565K | $525K | $468K | $3,605 | — | $128K |
| 2022 | $540K | $511K | $451K | $1,584 | — | $115K |
| 2021 | $505K | $484K | $431K | $1,750 | — | $271K |
| 2020 | $519K | $487K | $418K | $309 | — | $249K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Received $7,564 from 4 charities:
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $40,000–79,9998 positions
- $1–39,9996 positions
- Permanent full-time positions15
- Total compensation, all staff$453K
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Lesley Moody (librarian); Harvey Walsh (council representative); Jennifer Lutz (county representative).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Town of Olds Library Board’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 140913682RR0001), or read how we compute the receipt.