Portland Hotel Society

20 West Hastings
Vancouver, BC V6B 1G8
Director of Operations: interim unknown
Board President: interim unknown

Website: n/a
Charitable Reg. #: 89141 3791 RR0001
Sector: Social Services - Homeless - Shelter
Operating Charity

Social Results Reporting

Grade: F

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 available only through official request for information from Canada Revenue Agency [ Audited financial statement for most recent year ]

Program Cost Coverage

Funding Reserves Program Costs

Spending Breakdown

Full-time staff #339

Avg. Compensation $40,298

Top 10 Staff Salary Range

$350k + 0
$300k - $350k 0
$250k - $300k 0
$200k - $250k 0
$160k - $200k 0
$120k - $160k 6
$80k - $120k 4
$40k - $80k 0
< $40k 0
Information from most recent CRA Charities Directorate filings for F2013

About Portland Hotel Society:

In March 2014, following an audit by KPMG investigating financial irregularities, 4 senior executives and the entire board have been removed from Portland Hotel Society. The audit has uncovered inappropriate executive benefits, spending and questionable payments to companies under PHS control (Note 1). From the publically-available filings and audited financial statements Charity Intelligence analysed, these serious findings were not apparent. PHS is funded largely by government organizations including Vancouver Coastal Health, BC Housing and Health Canada. Donations from individuals were $104k in 2012, less than 0.4% of PHS's total revenues of $27.3m. Shockingly, former co-Executive Director, Mark Townsend, said in a Global TV interview that the holidays and cruises were paid from private donations (Note 2).

Portland Hotel Society (PHS) provides long-term supportive housing in the Downtown East Side (DTES) of Vancouver. PHS promotes affordable housing, providing shelter for those living with addictions, mental health issues, and health challenges. PHS provides a "village community" following a harm reduction and housing first approach, accepting residents as they are through numerous partnerships. PHS provides on-site support workers, a medical and dental clinic, a credit union, life skills, pre-vocational skills training, employment opportunities, sobriety and detox programs, supervised injection site, counselling, home support services, and arts and recreational activities. PHS provides housing and care for 1,200 poor, elderly, addicted and mentally challenged individuals.

Financial Review:

Administrative costs are 9% of revenues. No fundraising costs are reported on audited financial statements. Funding reserves are negative with close to $10m in mortgages on multiple buildings. Excluding the mortgages, funding reserves would cover only 3% of annual program costs.

Financial Ratios

Fiscal year ending March
201220112010
Administrative costs as % of revenues 9.3%10.4%0.0%
Fundraising costs as % of donations 0.0%0.0%0.0%
Program cost coverage (%) (79.6%)(68.6%)(48.4%)

Summary Financial Statements

All figures in $000s
201220112010
Donations 104113169
Government funding 22,08118,51614,116
Business activities (net) 4,2283,9772,268
Investment income 838798764
Total revenues 27,25223,40317,317
Program costs 23,36420,73316,157
Administrative costs 2,4622,3480
Bank And Other Charges 769508587
Cash flow from operations 656(185)572
Funding reserves (18,602)(14,219)(7,813)
Note: Financial statements restate for F2012 and F2011 in accordance with ASNPO.  To reflect the period in which contributions were received, Ci reversed deferred grants, which affected revenues by:  $388k in F2012, ($274k) in F2011, and $273k in F2010. References: 1. National Post, Brian Hutchinson, "Audit reveals lavish and shocking spending by Vancouver charity bosses." March 21, 2014. 2. Global News, Justin McElroy, "Axe falls on Portland Hotel Society leadership." March 19, 2014

Comments added by the Charity:

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