ABBEYFIELD HOUSE SOCIETY OF LAKEFIELD
Charitable organizationRelief of the aged·2919 AYOTTE'S POINT LANE · LAKEFIELD, ON · K0L 2H0·BN 789812070RR0001
Last reported: F2024 filing · period ending 2024-12-31
This filing's expense lines don't reconcile: program spending (line 5000) plus overhead (5010 + 5020) adds up to more than total spending (4950). Cents-to-cause and overhead can't both be right, and the filing doesn't say which — so this charity is left out of ranked search results for this filing year. We show both figures exactly as filed; read them together with this in mind, or check the public record ↗.
What it does — in its own words
Ongoing programs
AHSL continued to drive awareness of our purpose to build an Abbeyfield House for seniors in the Lakefield community through a consistent social media campaign and other media opportunities. We have developed a newsletter which is sent to our growing list of contacts and followers. AHSL has been very active in securing site plan approval designing the future Abbeyfield House while engaging professional services to help facilitate a major fund raising capital campaign to support the construction of the house expected to gegin in late 2025 or early 2026.
New programs
AHSL secured financing to acquire a property for the future Abbeyfield House. A 4 acre property with an existing house was acquired in January 2021. This house was being rented to provide funds for the operating costs of AHSL and the acquired property. The intent was to sever the property sell the existing house with some property to provide a 3+ acre of land for the development of the future Abbeyfield House while eliminating the debt taken on to buy the property in January of 2021. AHSL developed long range financial planning and completed an application process for funding with CMHC. CMHC… Show more
AHSL secured financing to acquire a property for the future Abbeyfield House. A 4 acre property with an existing house was acquired in January 2021. This house was being rented to provide funds for the operating costs of AHSL and the acquired property. The intent was to sever the property sell the existing house with some property to provide a 3+ acre of land for the development of the future Abbeyfield House while eliminating the debt taken on to buy the property in January of 2021. AHSL developed long range financial planning and completed an application process for funding with CMHC. CMHC has approved the AHSL plan and has provided seed funding for the purpose of completing all required planning and studies to move forward with the severance and building of the Abbeyfield house for 19 residents. In 2023 AHSL completed the required studies to facilitate the severance and rezoning of the property acquired in January 2021. AHSL sold the existing house with a severed parcel of land in December 2023 with a closing in January 2024. The remaining parcel of land now debt free will be used to build our Abbeyfield House in Lakefield. Building design and site planning activities are underway with the goal of construction start in late 2024 or early 2025. AHSL continues to engage with CMHC under the Affordable Housing Fund to try and leverage this national government program. AHSL has engaged the services of the Dennis Group to research conduct interviews and scope out a fund raising apital campaign that will support the build of this new seniors residence.
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)100¢
As filed: 100¢ of each dollar to programs — but this filing's expense lines don't reconcile (see note above).
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)51%
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)—
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)$10K
Last-reported total revenue.
T3010 line 4700 · Self-reported on the T3010; not independently verified. source ↗
Donor-funded
T1 · computed (open data)2%
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)85%
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 ↗
Over the years
Every figure as filed at each fiscal period end, 2019–2024.
| Period end | Revenue | Cents to cause | Overhead | Reserves |
|---|---|---|---|---|
| 2019-12-31 | $7K | — | — | — |
| 2020-12-31 | $9K | 99¢ | 1% | — |
| 2021-12-31 | $74K | — | 2% | — |
| 2022-12-31 | $90K | — | 6% | — |
| 2023-12-31 | $53K | 100¢ | 8% | — |
| 2024-12-31 | $10K | 100¢ | 51% | — |
| trend |
From its T3010 filings (CRA annual releases) · self-reported, not audited by us · when a period is restated in a later release, the newest figures are shown · ✱ = cents-to-cause outside the valid 0–100% range (filing error; not used in rankings). 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
9 directors reported · 9 of 9at arm's length
- Black, RonPresidentarm's length
- Ratcliff, BillVice Presidentarm's length
- Parsons, LyndaSecretaryarm's length
- Jones, DewiPast Presidentarm's length
- Kinghorn, TerriDirectorarm's length
- Windover, CindyDirectorarm's length
- White, MarkTreasurerarm's length
- Kamping, HansDirectorarm's length
- Armstrong, ColleenDirectorarm'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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