Thorneloe University
Publicly funded institution · Sudbury, Ontario · BN 122955370RR0001 · Teaching Institutions
Source: T3010 return, FPE 2024-04-30. Split of total expenditures ($899,266) as filed with the CRA.
Thorneloe University is a charitable organization based in Sudbury, Ontario, 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 April 30, 2024, it reported $846K in revenue and $899K in expenditures.
In 2024, 2 other registered charities reported granting it a combined $34K.
Compared with 1,540 education institutions of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 65% of peers. Its reserves, measured in years of spending on hand, sat in the top decile of the group. Its highest-paid position fell in the $80,000–119,999 range. The charity reported 6 permanent full-time positions.
Revenue has declined over its filings on record here, from $3M in 2020 to $846K in 2024. Its filed list of directors and trustees shows 10 names.
In its own words
Affiliated with the anglican church of canada thorneloe university provides an accessible postsecondary education fostering critical inquiry in a student-focused environment. The university is a centre of teaching learning and research in theology. As well thorneloe operates a 58 single room residence for students.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $846K | $899K | $823K | — | — | $9.3M |
| 2023 | $631K | $974K | $340K | — | — | $8.9M |
| 2022 | $603K | $2.6M | $1.6M | — | — | $9.3M |
| 2021 | $3.5M | $3.5M | $1.3M | — | — | $11.7M |
| 2020 | $3M | $3.5M | $3M | — | — | $10.8M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $0 to 1 qualified donee:
Received $34K from 2 charities:
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $80,000–119,9991 position
- $40,000–79,9992 positions
- $1–39,9993 positions
- Permanent full-time positions6
- Total compensation, all staff$424K
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Jim Boland (director); Kristina Donato (director); Anne Germond (chancellor); Brian Koivu (chair); Glen Miller (director); Steve Moutsatsos (director); Nicole Nicholas-Bayer (director); Gilles Tessier (treasurer); Hoi Chu (director); Jennifer Hazelton (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Thorneloe University’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 122955370RR0001), or read how we compute the receipt.