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LONSET NON-PROFIT HOUSING CORPORATION INC.

Charitable organizationOrganizations relieving poverty·200-90 BASELINE ROAD W · LONDON, ON · N6J 1V2·BN 119024370RR0001

Last reported: F2024 filing · period ending 2024-07-31

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Cents to cause T1

66¢

of each dollar spent, to programs

Operating overhead T1

34%

typical range 5–35%

Reserves T1

3.7 yr

of program spending, in cash and investments

Revenue T1

$430K

not reviewed by an analyst (Charity Intelligence)

— means the filing doesn't include the lines needed; details and sources below.·How to read these figures

Common questions

How do I donate to Lonset Non-Profit Housing Corporation Inc.?

You can search for it on CanadaHelps to donate. Charity Compass never handles your money — we only link out to where you can give.

Is Lonset Non-Profit Housing Corporation Inc. a registered charity?

Per CRA records, it filed a F2024 T3010 return under charity number 119024370RR0001. Registration status can change, so check the CRA charities listing for its current status. Only a currently registered charity can issue an official donation receipt.

Where is Lonset Non-Profit Housing Corporation Inc. located?

Per its F2024 T3010, its address on file is 200-90 BASELINE ROAD W, LONDON, ON, N6J 1V2. Source.

What does Lonset Non-Profit Housing Corporation Inc. do?

In its own words, from its F2024 T3010 filing: "OPERATES A 45 UNIT NON-PROFIT SENIORS APARTMENT BUILDING OFFERING LOW MARKET RATE RENT AND RENTGEARED TO INCOME." Full program description.

How much of Lonset Non-Profit Housing Corporation Inc.'s spending goes to programs?T1

Per its F2024 T3010, 66¢ of each dollar it spent went to programs (self-reported, not independently verified). Full figures.

How big is Lonset Non-Profit Housing Corporation Inc.?T1

Its last-reported revenue was $430K (F2024), which places it in Charity Compass's under $1M revenue band, alongside 27,629 other operating charities.

What it does — in its own words

Ongoing programs

OPERATES A 45 UNIT NON-PROFIT SENIORS APARTMENT BUILDING OFFERING LOW MARKET RATE RENT AND RENTGEARED TO INCOME.

Program descriptions from its F2024 T3010 filing, verbatim · self-reported · this is also the text our semantic search matches against. source ↗

Tier 1 — what we computed (open data)

From the charity's own F2024 T3010 filing. Self-reported; not independently verified. You can recompute every figure. New to these terms? Read what cents to the cause, overhead and reserves mean.

Cents to cause

T1 · computed (open data)

66¢

Per its F2024 T3010, 66¢ of each dollar spent went to programs. The rest ran the organization and raised money; higher is not automatically better.

Sector median: 89¢ across 55,155 computed charities; 89¢ among those its size (under $1M).

this charity 66¢ · sector median 89¢ · all 55,155 computed charities

T3010 line 5000 ÷ 4950 · Self-reported on the T3010; not independently verified. source ↗ · what this means

Operating overhead

T1 · computed (open data)

34%

Management, administration, and fundraising as a share of total spending. We treat 5–35% as the typical range; we state the figure, you judge.

T3010 line (5010 + 5020) ÷ 4950 · Self-reported on the T3010; not independently verified. source ↗ · what this means

Reserves

T1 · computed (open data)

3.7 yr

Years that cash, bank balances and investments on hand could cover program spending; liabilities and restricted funds are not netted out.

Charities its size (under $1M, 27,629): median 1 yr; 14% hold under half a year. All operating charities: median 0.8 yr.

T3010 line (4100 + 4140) ÷ 5000 · Self-reported on the T3010; not independently verified. source ↗ · what this means

Total revenue

T1 · computed (open data)

$430K

Last-reported total revenue.

T3010 line 4700 · Self-reported on the T3010; not independently verified. source ↗

Donor-funded

T1 · computed (open data)

0%

Share of revenue from receipted donations.

T3010 line 4500 ÷ 4700 · Self-reported on the T3010; not independently verified. source ↗

Government-funded

T1 · computed (open data)

0%

Share of revenue from federal, provincial, and municipal sources.

T3010 line 4570 (or 4540+4550+4560) ÷ 4700 · Self-reported on the T3010; not independently verified. source ↗ · what this means

Where the money comes from

Shares of last-reported revenue, per its F2024 T3010. Self-reported; not independently verified.

  • Receipted donationsT1

    0%

    T3010 4500 ÷ 4700

  • GovernmentT1

    0%

    T3010 4570 (or 4540+4550+4560) ÷ 4700

  • Other revenueT1

    100%

    T3010 remainder ÷ 4700

Self-reported on the T3010; not independently verified. source ↗

★ Tier 2 — Charity Intelligence (analyst-reviewed)

Not rated by Charity Intelligence. Their analysts cover 819 of Canada's 83,761 charities; absence of a rating says nothing about this charity. Our computed figures above stand on their own.

Similar charities

Same CRA category, revenue within 20× of this one, and the closest program descriptions in their own filings. A shortlist to compare, not a ranking.

Figures per each charity's F2024 T3010 · self-reported, not audited by us · ✱= that filing's expense lines don't reconcile · open a profile for sources and caveats.

Board of directors

13 directors reported · 11 of 13at arm's length

  • BASSEY, MAGDALENEDIRECTORarm's length
  • BEYE, JO-ANNEDIRECTORarm's length
  • BOSMA KOOMAN, PETRADIRECTORarm's length
  • TIEDEMANN, GEOFFDIRECTORarm's length
  • LOEWEN, JAMIEDIRECTORarm's length
  • MITCHELL, STEPHENSECRETARYarm's length
  • PARSONS, TOMDIRECTORarm's length
  • SHAW, LARRYTREASURERarm's length
  • SMITH, PAULPRESIDENTnot at arm's length
  • SMITH, ROBERTPRESIDENTnot at arm's length
Show all 13 directors
  • MAHABIR, GEDDESVICE-PRESIDENTarm's length
  • AYIM, GUSSECRETARYarm's length
  • BITTENCOURT, ALFREDODIRECTORarm's length

From its F2024T3010 filing (public CRA record), as filed. “Arm's length” means not related to other officials by family or business ties. source ↗

Right of reply

This charity hasn't added a response yet. When it does, it appears here, beside the numbers, and is never removed. Represent this charity? Submit a response.

Verify everything: full public record on CharityData.ca ↗ · CRA charities listing ↗

Lonset Non-Profit Housing… — 66¢ of each $1 to programs