Victoria Masonic Building Society
Charitable organization · Victoria, British Columbia · BN 892151242RR0001 · Organizations Relieving Poverty
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($593,840) as filed with the CRA.
Victoria Masonic Building Society is a charitable organization based in Victoria, British Columbia, classified by the CRA under organizations relieving poverty. In its fiscal year ending December 31, 2024, it reported $533K in revenue and $594K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Its funding that year was roughly 41% from government.
Compared with 2,470 poverty-relief charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 63% of peers. Its reserves, measured in years of spending on hand, sat in the top decile of the group. None of its ten highest-paid positions cleared $40,000. The charity reported 1 permanent full-time position.
Revenue has declined over its filings on record here, from $2.1M in 2020 to $533K in 2024. Its filed list of directors and trustees shows 10 names.
In its own words
Provide subsidized housing for seniors those with low income and those with disabilities
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $533K | $594K | $551K | — | — | $3.6M |
| 2023 | $480K | $580K | $548K | — | — | $3.6M |
| 2022 | $450K | $487K | $454K | — | — | $3.7M |
| 2021 | $442K | $502K | $470K | — | — | $3.8M |
| 2020 | $2.1M | $489K | $458K | — | — | $3.8M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
What it pays
Its ten highest-paid positions, by band:
- $1–39,9991 position
- Permanent full-time positions1
- Total compensation, all staff$39K
Schedule 3 of its 2023 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Bruce Allan (director - secretary); Brian Beech (president); Richard Cawsey (vice president); Douglas Easton (director); William Hillborn (director - mta rep); Laurence Johnson (director - mta rep); Arthur Joyce (treasurer); Robert McMullen (vice-chair); Ken Bisson (director); William Ley (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Victoria Masonic Building Society’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 892151242RR0001), or read how we compute the receipt.