118781780RR0001 — 0001
Registered — Aldergrove, BC — Charitable Organization
Scores: Legitimacy 100/100 · Effectiveness 90/100
Financials: Revenue $934,442 · Expenditures $840,459
Aldergrove Seniors Rental Housing Society is a tightly focused, 43-year-old BC housing charity that channels over 91% of spending directly into providing low-rent seniors' housing — placing it well above the median for poverty-relief organizations. Its lean compensation structure and zero fundraising costs reflect the self-sustaining economics of a rental-housing operator, though a critical gap in director reporting raises governance questions that donors and stakeholders should probe.
Our Verdict: Financially, this is a well-run housing operator with strong program delivery and minimal overhead, making it a sound steward of resources directed at seniors' housing. However, the absence of any directors on file is a serious governance red flag — prospective donors or funders should confirm that a functioning board is in place before committing significant support.