Alzheimer Society of Alberta & NWT

306, 10430 - 61 Avenue
Edmonton, AB T6H 2J3
President & CEO: Kelly McClung
Board Chair: Dr. Marc Poulin

Charitable Reg. #:12969 0343 RR0001

STAR RATING

Ci's Star Rating is calculated based on the following independent metrics:

[Charity Rating: 3/5]

✔+

FINANCIAL TRANSPARENCY

Audited financial statements for current and previous years available on the charity’s website.

B

RESULTS REPORTING

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

n/r

DEMONSTRATED IMPACT

The demonstrated impact per dollar Ci calculates from available program information.

NEED FOR FUNDING

Charity's cash and investments (funding reserves) relative to how much it spends on programs in most recent year.

30%

CENTS TO THE CAUSE

For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 30 cents are available for programs.



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OVERVIEW

About Alzheimer Society of Alberta & NWT:

Alzheimer Society of Alberta and Northwest Territories is a 3-star charity. It has a B Results Reporting grade which is average. The charity’s overhead costs are outside Ci’s reasonable range, and its reserves can cover program costs for almost two years and four months.

Founded in 1988, Alzheimer Society of Alberta and Northwest Territories (ASANT) raises awareness for Alzheimer’s disease and other dementias, supports those affected by the disease, and funds research. There are about 62,000 people living with dementia in Alberta and the Northwest Territories. The healthcare costs for dementia are at least $10.4 billion a year in Canada. ASANT runs five support programs and funds Alzheimer research. The charity spent $2.7m on its programs and grants in the fiscal year ending in July (F2024).

Support programs received 90% ($2.5m) of program spending in F2024. The five programs are First Link, Support Groups, Individual and Family Support, Public Education, and Minds in Motion. First Link is a guide for people with dementia and caregivers that points them to educational resources and support networks. Support Groups connects people with dementia to share personal experiences. Individual and Family Support offers one-on-one, in-person or online, guidance on dementia care. Public Education spreads awareness of dementia through presentations to community groups, organizations, and healthcare professionals. Minds in Motion offers fitness and cognitive exercises to those in the early stages of dementia. In F2024, ASANT spent 11,424 hours helping 10,362 people.

Research received 10% ($274k) of program spending in F2024. ASANT granted $36k to the University of Calgary and $236k for the Hope for Tomorrow research program that it launched in 2023. Hope for Tomorrow funded five Alberta-based projects that addressed dementia prevention, treatment, and care.

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Results and Impact

Ci did not find any quantified outcomes from ASANT’s programs. This may not fully reflect the charity’s results and impact.

Alzheimer Society of Alberta and Northwest Territories has not yet been rated on impact (n/r). This does not affect the star rating.

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Finances

ASANT’s audited financial statements follow activity-based costing, a best practice. It received $3.0m in donations and $1.3m in special events, which together is 85% of revenue in F2024. The charity received $349k in government funding and $363k in investment income. Alberta Health awarded a $5.3m grant to ASANT on October 28, 2024 (after the F2024 yearend) which will be paid in five installments ending on November 1, 2026.

ASANT spent $2.5m on its programs and $274k on its grants, which together is 55% of revenue. The charity ran a deficit of $802k, meaning it drew on its reserves to fund its programs. It spent $1.8m on fundraising (44% of donations), and spent $1.2m on administration which is 26% of revenue (less investment income). For every dollar donated to the charity, 30 cents are available to go to the cause. This is outside Ci’s reasonable range.

ASANT has $6.3m in its reserves (cash and investments), which can cover program costs for almost two years and four months. This is within Ci’s reasonable range.

Grants to Hope for Tomorrow are part of a commitment to provide $5.0m over five years. The period ends June 30, 2026 and the charity has currently granted $739k and has committed to give $236k in F2025.

Updated on June 24, 2025 by Joshua Leduc. The update has been sent to the charity and changes may be forthcoming.

 

Financial Review


Financial Ratios

Fiscal year ending July
202420232022
Administrative costs as % of revenues 26.1%21.3%11.1%
Fundraising costs as % of donations 43.6%51.9%41.4%
Total overhead spending 69.8%73.2%52.5%
Program cost coverage (%) 232.1%270.2%388.2%

Summary Financial Statements

All figures in $s
202420232022
Donations 2,963,4422,121,5274,682,530
Government funding 348,757801,280949,175
Special events 1,269,4371,465,6151,088,622
Investment income 363,470318,118(68,963)
Other income 43,77337,47722,795
Total revenues 4,988,8794,744,0176,674,159
Program costs 2,461,2392,306,4362,074,931
Grants 273,975550,22888,950
Administrative costs 1,209,237943,827747,743
Fundraising costs 1,846,0611,862,2862,387,509
Total spending 5,790,5125,662,7775,299,133
Cash flow from operations (801,633)(918,760)1,375,026
Capital spending 305,626201,77946,260
Funding reserves 6,349,4117,717,5958,400,361

Note: 1. Ci adjusted for deferred contributions which affected donations by ($147k) in F2024, ($505k) in F2023, and $129k in F2022. 2. Ci adjusted for amortization of deferred lease inducement which affected revenue by ($37k) in F2024, ($37k) in F2023, and ($36k) in F2022. 3. Ci included Alzheimer Canada transactions gross instead of net which affected revenues and expenses by $602k in F2024, $662k in F2023, and $684k in F2022.

Salary Information

Full-time staff: 39

Avg. compensation: $72,446

Top 10 staff salary range:

$350k +
0
$300k - $350k
0
$250k - $300k
0
$200k - $250k
0
$160k - $200k
1
$120k - $160k
3
$80k - $120k
6
$40k - $80k
0
< $40k
0

Information from most recent CRA Charities Directorate filings for F2024

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Comments & Contact

Comments added by the Charity:

No comments have been added by the charity.

Charity Contact

Website: www.alzheimer.ca/ab
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 780-761-0030

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Charitable Registration Number: 80340 7956 RR0001