Romero House

1558 Bloor Street West
Toronto, ON M6P 1A4
Founder: Mary Jo Leddy
Director: Jenn McIntyre

Website: romerohouse.org
Charitable Reg. #: 13447 0939 RR0001
Sector: Social Services - Homeless
Operating Charity

Social Results Reporting

Grade: C-

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 #1

Avg. Compensation $37,955

Top 10 Staff Salary Range

$350k + 0
$300k - $350k 0
$250k - $300k 0
$200k - $250k 0
$160k - $200k 0
$120k - $160k 0
$80k - $120k 0
$40k - $80k 0
< $40k 1
Information from most recent CRA Charities Directorate filings for F2014

About Romero House:

Toronto Refugee Community Non-Profit Homes and Services, also known as Romero House (RH), has provided housing, settlement and advocacy services to more than 6,000 individuals and families since its inception in 1992. RH acts as a bridge between the shelter and more long-term housing for refugees. RH offers critical support to refugees by providing referrals to reputable lawyers, assistance with case management, health care, work permits, schools and day care and income support, among others. RH has four houses in the west end of Toronto, each within walking distance of the others. The houses are divided into living units where families can stay until their refugee hearing. Settlement services are primarily available to people living at RH, although when possible RH offers services to drop-ins.

Romero House works to build a community among the residents, workers, volunteers and neighbours. Activities for this purpose include monthly social gatherings, activities for kids, support groups for women, summer camp, weekend getaways, and seasonal holiday events. Interns run all of these programs and provide most of RH's support services. RH attempts to break away from the typical employee-client model of social work by having the interns live in the same houses as refugees.

Financial Review:

The administrative costs are 4% of revenues and fundraising costs are 18% of donations for F2014. RH has a negative funding reserve due to mortgages payable of $926k. RH receives significant funding from the City of Toronto ($337k in F2014), mostly in the form of social housing subsidies of $200k in F2014.

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

Updated on August 13, 2015 by Rohan Bhargava

Financial Ratios

Fiscal year ending March
201420132012
Administrative costs as % of revenues 3.5%2.5%2.0%
Fundraising costs as % of donations 18.2%9.9%8.7%
Program cost coverage (%) (67.5%)(80.6%)(117.4%)

Summary Financial Statements

All figures in $s
201420132012
Donations 85,967197,963233,270
Government funding 381,271363,695334,926
Fees for service 60,95057,47857,173
Investment income 13,35319,55626,576
Total revenues 541,541638,692651,945
Program costs 455,856438,599413,152
Administrative costs 18,35715,62012,396
Fundraising costs 15,60819,50320,379
Other costs 47,23350,87452,956
Cash flow from operations 4,487114,096153,062
Funding reserves (307,475)(353,448)(485,101)
Note: Ci made a request for the audited financial statements to CRA and received a partial set of statements without the opinion of the auditors. Ci reduced revenues by the change in deferred donations (including current deferred donations) of $80k in F2014, $40k in F2013, and $69k in F2012. RH has not disclosed any fundraising costs in its audited financials, however the above figure has been obtained from the CRA T3010 filing.

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