Our Financial Story

How We Are Funded

Most people don’t understand how seniors’ residential care is funded. The following presents our financial landscape of which 78% can be attributed to seniors care and 22% to managing affordable housing:

2020 Income: $24.29 million

  • BC Ministry of Health
  • BC Housing
  • Resident & Day Client Fees
  • Tenant Rents
  • Donations & Grants
  • Other Income
  • Deferred Contributions

2020 Expenses: $23.42 million

  • Salaries & Benefits
  • Utilities
  • Building Costs
  • Support Services
  • Food
  • Interest Payments
  • Equipment & Supplies
  • Taxes & Licences