By William Crooks
Local Journalism Initiative
Supervised living organization Mon Shack… Mes choix… Mon avenir! reported a budget surplus and floated the idea of a new residence for older adults living with mental health challenges during its annual general meeting on June 26. Held at Mon Shack 2.0 in Sherbrooke and attended by more than 30 people, the meeting included a review of financial results, organizational activities, and board elections, and was presided over by Executive Director Josée Parent with community organizer Gabrielle Ste-Croix serving as chair.
Over 30 people attended the meeting, including board members, residents, staff, and community supporters.
Parent opened the meeting by welcoming attendees and emphasizing the organization’s commitment to transparency. “Mon Shack doesn’t belong to any one person—it belongs to all of us, collectively,” she said. “It’s important that people know what we’re doing with the money, because we receive support from everyday citizens and community donors.”
Auditor Shawn Frost from Raymond Chabot Grant Thornton presented the organization’s 2024–2025 financial results. Mon Shack reported total revenue of $929,693, up from $685,519 the previous year. This $244,000 increase was largely attributed to rental income from Mon Shack 2.0, which was fully operational throughout the fiscal year. Revenue from apartment rentals rose from $184,000 to $354,000.
Mon Shack also received $214,570 in amortised deferred contributions, up from $124,971 the year prior. These contributions consist of grant and donation funds designated for infrastructure or long-term equipment purchases, and are amortised as revenue over multiple years. On the expense side, total spending reached $895,633, up from $626,806 in 2023–2024. The increase was primarily due to amortisation costs related to building construction and equipment, which totalled $239,000.
The resulting annual surplus was $34,060. “We’re not just stockpiling surplus,” Parent said. “We’re using it to keep improving our services, while making sure we have a safety cushion if we ever want to build something new.”
