Siloam Mission

300 Princess Street
Winnipeg, MB R3B 1M3
CEO: Dr. Garry Corbett
Board Chair: Dr. Riley Coulter

Website: www.siloam.ca
Charitable Reg. #: 11915 0043 RR0001
Sector: Social Services - Homeless
Operating Charity

Social Results Reporting

Grade: B-

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 for current and previous years available on the charity's website [ Audited financial statement for most recent year ]

Program Cost Coverage

Funding Reserves Program Costs

Spending Breakdown

Full-time staff #81

Avg. Compensation $40,820

Top 10 Staff Salary Range

$350k + 0
$300k - $350k 0
$250k - $300k 0
$200k - $250k 0
$160k - $200k 0
$120k - $160k 1
$80k - $120k 2
$40k - $80k 7
< $40k 0
Information from most recent CRA Charities Directorate filings for F2015

About Siloam Mission:

Founded in 1987, Siloam Mission is a Christian social services agency providing services and programs to homeless people in Winnipeg. Its mission is to "alleviate hardships and provide opportunities for change for those affected by homelessness." Siloam Mission offers a variety of programs including meals and clothing, an emergency shelter, employment services, youth services, supportive housing, art programs, healthcare, spiritual care and transition services.

In F2015, Siloam Mission's frontline support programs provided 471,651 meals, 3,528 emergency food hampers and connected 522 people with spiritual resources. Its emergency overnight shelter had 1,079 unique guests with 37,671 stays. Also in F2015, Siloam Mission's youth program had 10 youth in residence, with 2 completing high school, 2 entering the workforce and 3 pursuing education and vocational training. In addition, its Madison Supportive Housing program supported 24 new residents. Further, Siloam Mission's health center saw 9,886 clinic visits in F2015. Finally, its transition services had 3,158 client visits, resulting in 49 clients transitioning into housing, 16 clients transitioning into employment and 15 clients transitioning into school or training.

Financial Review:

Siloam Mission is a large charity, with donations of $6m in F2015. Its administrative costs are 6% of revenues and its fundraising costs are 13% of donations. For every $1 donated to the charity, 80 cents is put towards its programs, falling within Ci's reasonable range. Siloam Mission's funding reserves of $1.7m result in a program cost coverage ratio of 30%. This means that the charity can cover 4 months of its annual programs using its existing reserves.

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

Updated on July 4, 2016 by Lynn Tay.

Financial Ratios

Fiscal year ending April
201520142013
Administrative costs as % of revenues 6.5%4.9%5.7%
Fundraising costs as % of donations 13.4%13.0%14.1%
Program cost coverage (%) 29.7%17.5%(10.2%)

Summary Financial Statements

All figures in $000s
201520142013
Donations 5,9746,0335,199
Goods in kind 261398337
Government funding 11443546
Fees for service 1,1671,3171,111
Business activities (net) 676653561
Investment income 353620
Total revenues 8,2288,8707,274
Program costs 5,8815,4164,749
Administrative costs 531428416
Fundraising costs 801785730
Cash flow from operations 1,0142,2411,378
Funding reserves 1,747949(486)
Note: Ci has adjusted amortization of deferred capital contributions and gain/loss on disposal of assets affecting revenues by ($19k) in F20215, by $341k in F2014, and by $11k in F2013. Ci has adjusted amortization affecting expenses by ($313k) in F2015, by ($274k) in F2014, and by ($223k) in F2013.

Comments added by the Charity:

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