Villa Charities Inc.
Charitable organization · North York, Ontario · BN 123646374RR0001 · Organizations Relieving Poverty · website
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($12,163,018) as filed with the CRA.
Villa Charities Inc. is a charitable organization based in North York, Ontario, classified by the CRA under organizations relieving poverty. In its fiscal year ending December 31, 2024, it reported $12.6M in revenue and $12.2M in expenditures.
Its funding that year was roughly 17% from government, 14% from other charities. In 2024, 4 other registered charities reported granting it a combined $1.3M.
Compared with 147 poverty-relief charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 20% of peers. Its highest-paid position fell in the $200,000–249,999 range. The charity reported 71 permanent full-time positions.
It reported gifts to 1 qualified donee totalling $250K in 2024, the largest being $250K to Villa Charities Foundation. Its filed list of directors and trustees shows 13 names.
In its own words
The primary objective of villa charities inc. (vci) is to develop projects coordinate activities and to manage allocate and distribute funds to current and future projects and programs of its designated affiliates: villa colombo and villa colombo vaughn (long-term care) and columbus centre (social/cultural complex). Vci also develops/maintains apartments for seniors.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $12.6M | $12.2M | $9.3M | — | $250K | $26.7M |
| 2023 | $10.2M | $9.3M | $5.9M | — | — | $26.2M |
| 2022 | $16.3M | $9M | $5.4M | — | — | $25.4M |
| 2021 | $8.2M | $8.2M | $4.5M | — | — | $18.1M |
| 2020 | $9.2M | $9.5M | $5.6M | — | — | $18.5M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $250K to 1 qualified donee:
Received $1.3M from 4 charities:
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $200,000–249,9991 position
- $160,000–199,9991 position
- $120,000–159,9993 positions
- $80,000–119,9995 positions
- Permanent full-time positions71
- Total compensation, all staff$4.8M
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Joseph Acuri (chair); Tonio Costa (vice-chair); Sandro D'Ercole (treasurer); Mario Fiorucci (ex-officio); Joseph Fusco (director); Nina Gesa (director); Laura LI Preti (director); Anthony Messina (ex-officio (vct)); Nebo Orazietti (director); Mauro Pambiaco (director); Gina Valle (director); Santo Veltri (secretary); Ben Vozzolo (ex-officio).
As listed on its 2024 return.
Check the source
Every figure on this page is from Villa Charities Inc.’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 123646374RR0001), or read how we compute the receipt.