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St. Michael's Homes operates and maintains two long-term residences for men aged 55 and older, providing supportive environments for residents to lead lives of sobriety and wellness. Additionally, they operate and maintain two residential substance-abuse treatment services for men striving for sobriety and wellness. As of January 1, 2020, St. Michael's Homes took over Our Place Community of Hope, a drop-in center that offers a safe and inclusive space for adults facing mental health issues to integrate into a community and access additional services.
A breakdown of financial data for St. Michael's Homes by year.
(Financial Data is sourced from Canada Revenue Agency)| Year | Revenue | Expenses | Total Assets | Liabilities | Total Compensation | Program Expenditures | Management Expenditures | Fundraising Expenditures |
|---|---|---|---|---|---|---|---|---|
| 2022 | $2,458,785.00 | $2,327,383.00 | $6,141,034.00 | $1,571,840.00 | $1,496,005.00 | $2,029,263.00 | $278,732.00 | $19,388.00 |
| 2021 | $2,388,884.00 | $2,342,735.00 | $5,431,995.00 | $1,074,174.00 | $1,435,795.00 | $2,001,577.00 | $295,157.00 | $21,000.00 |
| 2020 | $2,130,323.00 | $1,969,236.00 | $5,331,269.00 | $1,148,572.00 | $1,145,565.00 | $1,646,946.00 | $301,290.00 | $21,000.00 |
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