Portland Hotel Society
Vancouver, BC V6B 1G8
Director of Operations: interim unknown
Board President: interim unknown
Charitable Reg. #: 89141 3791 RR0001
Grade: FThe grade is based on the charity's public reporting of the work it does and the results it achieves.
Need for Funding
Full-time staff #339
Avg. Compensation $40,298
Top 10 Staff Salary Range
|$300k - $350k||0|
|$250k - $300k||0|
|$200k - $250k||0|
|$160k - $200k||0|
|$120k - $160k||6|
|$80k - $120k||4|
|$40k - $80k||0|
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.
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 RatiosFiscal year ending March
|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 StatementsAll figures in $000s
|Business activities (net)||4,228||3,977||2,268|
|Bank And Other Charges||769||508||587|
|Cash flow from operations||656||(185)||572|