Centraide of Greater Montreal (United Way Montreal)

493 Sherbrooke Street West
Montreal, QC H3A 1B6
Executive Director: Lili-Anna Pereša
Board Chair: James C. Cherry

Website: http://www.centraide-mtl.org
Charitable Reg. #: 11884 2517 RR0001

Sector: Fundraising Organization

Public Foundation

Charity Rating

[Charity Rating: 4/4]

Donor Accountability

Grade: B+

The grade is based on the charity's public reporting of the work it does and the results it achieves.

Financial Transparency

Audited financial statements for current and previous years available on the charity's website [ Audited financial statement for most recent year ]

Need for Funding

Funding Reserves Program Costs

Spending Breakdown

Cents to The Cause

♦	♦	♦
			95¢



			75¢
			avg
			65¢


			50¢

2014	2015	2016

For a dollar donated, cents funding the cause after fundraising and admin costs, excluding surplus.

Full-time staff #92

Avg. Compensation $101,610

Top 10 Staff Salary Range

$350k +	0
$300k - $350k	0
$250k - $300k	1
$200k - $250k	0
$160k - $200k	4
$120k - $160k	5
$80k - $120k	0
$40k - $80k	0
< $40k	0

Information from most recent CRA Charities Directorate filings for F2016

About Centraide of Greater Montreal (United Way Montreal):

Centraide of Greater Montreal (CGM) was founded through mergers of local Centraides in 1962. CGM has four areas of action: supporting youth, providing basic needs, helping the socially isolated and bringing communities together. The charity reports that 145,000 children grow up in families living in poverty in Greater Montreal and 1 in every 6 people in Montreal live in poor households. To support these people, CGM supports 350 local charities, organizes 1,600 work-place campaigns and recorded 57,000 agency volunteers.

In F2016, Centraide of Greater Montreal allocated $42.2m to local charities. CGM provided funding between $10k and 200k to the large majority of their supported charities. The top 10 grants make up 11% of total grants with the five largest grants being $1.4m to YMCA Quebec, $619k to Moisson Montreal, $407k to YWCA, $367k to Bureau de Consultation Jeunesse and $324k to CCS Community Services. In F2016, housing agencies supported by Centraide guided 40,000 people to find a decent place to live. Charities in Pointe-Saint-Charles held community meetings, where 100 residents came together to implement plans to improve their community. Additionally, CGM gave money to support NDG Food Depot gardens, where 85% of visitors reported a positive change in eating habits.

Centraide of Greater Montreal started the Collective Impact Project, a new form of support for community development. With $21m committed over 5 years, the project aims to propel change in 17 neighbourhoods on the island of Montreal.

Financial Review:

Centraide of Greater Montreal is one of Canada's Major 100 charities. It received donations of $53.4m in F2016. Administrative costs are 6% of total revenues and fundraising costs are 8% of total donations. Overall, for every dollar donated 86 cents goes to the cause, falling within Ci's reasonable range. CGM has total funding reserves of $30.3m, including $1.7m in donor-endowed funds. Excluding donor-endowed funds, funding reserves can cover the charity's annual program costs for 8 months.

This charity report is an update that is being reviewed by the charity. Changes and edits may be forthcoming.

Updated on May 11, 2017 by Josh Lam.

Financial Ratios Fiscal year ending March	2016	2015	2014
Administrative costs as % of revenues	6.3%	6.9%	6.9%
Fundraising costs as % of donations	7.7%	7.8%	8.1%
Program cost coverage (%)	65.9%	66.1%	63.1%

Summary Financial Statements All figures in $000s	2016	2015	2014
Donations	53,405	52,491	53,842
Investment income	13	743	825
Other income	32	16	0
Total revenues	53,451	53,251	54,667
Program costs	3,833	3,880	3,996
Grants	42,195	43,151	46,416
Administrative costs	3,350	3,618	3,716
Fundraising costs	4,126	4,102	4,352
Other costs	165	313	185
Cash flow from operations	(217)	(1,814)	(3,997)
Funding reserves	30,317	31,095	31,815

Note: Ci has taken the fundraising and administration costs from the allocated expenses section of the audited financial statements which provide a detailed breakdown. Ci reconciled income statements for all 5 of the charity’s funds, and reports aggregated revenues and expenses.

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