Housing for Life Inc./Habitation pour la vie inc.
Charitable organizationOrganizations relieving poverty·145 KING ST · MONCTON, NB · E1C 4M7·BN 752727818RR0001
Last reported: F2024 filing · period ending 2024-12-31
What it does — in its own words
Not active
HOUSING FOR LIFE INC IS CURRENTLY IN THE DEVELOPMENT PHASE OF A PERMANENT AFFORDABLE HOUSING PROJECT DEDICATED TO SUPPORTING WOMEN AND VULNERABLE FAMILIES. DURING THE YEAR THE ORGANIZATION FOCUSED ON CONSTRUCTING A 15-UNIT RESIDENTIAL BUILDING ON PINE STREET IN MONCTON WHICH WILL PROVIDE SAFE STABLE AND AFFORDABLE HOUSING ALONG WITH FUTURE SUPPORT SERVICES. NO DIRECT SERVICES WERE DELIVERED DURING THE FISCAL PERIOD AS THE HOUSING PROJECT IS STILL UNDER CONSTRUCTION
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.
Cents to cause
T1 · computed (open data)96¢
Per its F2024 T3010, 96¢ of each dollar spent went to programs.
Sector median: 89¢ across 55,155 computed charities.
T3010 line 5000 ÷ 4950 · Self-reported on the T3010; not independently verified. source ↗
Operating overhead
T1 · computed (open data)4%
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 ↗
Reserves
T1 · computed (open data)14.6 yr
Years current reserves could cover program spending.
Sector quartiles: 0.4 yr / 0.8 yr / 7.5 yr (p25 / median / p90).
T3010 line (4100 + 4140) ÷ 5000 · Self-reported on the T3010; not independently verified. source ↗
Total revenue
T1 · computed (open data)$598K
Last-reported total revenue.
T3010 line 4700 · Self-reported on the T3010; not independently verified. source ↗
Donor-funded
T1 · computed (open data)97%
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)1%
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 ↗
★ Tier 2 — Charity Intelligence (analyst-reviewed)
Not rated by Charity Intelligence. Their analysts cover 618 of Canada's 83,761 charities; absence of a rating says nothing about this charity. Our computed figures above stand on their own.
Board of directors
5 directors reported · 5 of 5at arm's length
- CORMIER, AUREATREASURERarm's length
- GAUDET, MARIE-EVABOARD MEMBERarm's length
- KALGORA, NICOLASBOARD MEMBERarm's length
- LAVOIE, ISABELLEBOARD MEMBERarm's length
- SAINTIL, LUJANBOARD MEMBERarm'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
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