Windmill Microlending
Charitable organization · Calgary, Alberta · BN 862367182RR0001 · Organizations Relieving Poverty
Source: T3010 return, FPE 2024-03-31. Split of total expenditures ($9,579,759) as filed with the CRA.
Windmill Microlending is a charitable organization based in Calgary, Alberta, classified by the CRA under organizations relieving poverty. In its fiscal year ending March 31, 2024, it reported $13.8M in revenue and $9.6M in expenditures.
Its funding that year was roughly 58% from donations, 25% from government. In 2024, 47 other registered charities reported granting it a combined $2.9M.
Compared with 147 poverty-relief charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 19% of peers. Its highest-paid position fell in the $200,000–249,999 range. The charity reported 62 permanent full-time positions.
Revenue has grown substantially over its filings on record here, from $5.5M in 2020 to $13.8M in 2024. Its filed list of directors and trustees shows 15 names.
In its own words
Provision of micro loans up to $26 000 to internationally trained immigrants to enable them to obtain the training upgrading and accreditation they need to be able to work in their field in canada.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $13.8M | $9.6M | $7.5M | $924K | — | $14M |
| 2023 | $9.1M | $7.6M | $5.8M | $817K | — | $9.8M |
| 2022 | $7.2M | $5.5M | $4.1M | $637K | — | $8.4M |
| 2021 | $4.6M | $4.7M | $3.5M | $421K | — | $6.9M |
| 2020 | $5.5M | $5M | $3.8M | $519K | — | $6.2M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Received $2.9M from 47 charities:
- La Fondation Rossy The Rossy Foundation$500K
- Pathy Family Foundation$300K
- The Azrieli Foundation$150K
- McKay Family Foundation$120K
- The Jarislowsky Foundation/la Fondation Jarislowsky$120K
- First Light Foundation$100K
- The Peter Gilgan Foundation$100K
- RBC Foundation$100K
- The Flanagan Foundation$100K
- Hunter Family Foundation$100K
- Tony & Betty Infilise Family Foundation$100K
- Aqueduct Foundation$100K
- The Annual Foundation$80K
- Max Bell Foundation$70K
- The Petman Foundation$60K
- The John Dobson Foundation$60K
- Canadian Online Giving Foundation$53K
- Hamilton Community Foundation$50K
- Earle and Janice O'Born Family Foundation$50K
- Louis Family Foundation$50K
- R. Howard Webster Foundation$50K
- Carthy Foundation$46K
- The Stollery Charitable Foundation$40K
- The Trottier Family Foundation/la Fondation Familiale Trottier$35K
- J. Armand Bombardier Foundation$30K
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
- $160,000–199,9992 positions
- $120,000–159,9994 positions
- $80,000–119,9993 positions
- Permanent full-time positions62
- Total compensation, all staff$5M
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Jensen Carsten (director); Shamira Madhany (director board secretary); Genevieve Morin (director); Nicolas Plourde (director); Peter Aghar (director); Oladapo Bankole (director); John Montalbano (director board treasurer); Lori Sterling (director board chair); Jennifer Lee (director); Naeem Siddiqi (director); Maureen Killoran (director); Tatjana Lalkovic (director); Angie Lamarsh (director); Carlos Leito (director); Misheck Mwaba (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Windmill Microlending’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 862367182RR0001), or read how we compute the receipt.