What The Evergreens Foundation does

The Evergreens Foundation is a not-for-profit housing management body established in 1960 and headquartered in Hinton, Alberta, Canada. The organization provides affordable housing solutions to two primary constituencies: Alberta seniors who can no longer maintain a full household, and lower-income families experiencing financial hardship. Its service portfolio spans senior lodges, self-contained senior apartments, and community social housing units across six rural Alberta municipalities (Hinton, Edson, Jasper, Grande Cache, Evansburg, and surrounding communities including Entwistle and Wildwood).

The foundation operates five named seniors lodges (Alpine Summit Lodge, Pine Valley Lodge, Parkland Lodge, Sunshine Place Lodge, and Whispering Pines Lodge) plus Kikinow Elders Lodge, alongside approximately eleven senior apartment complexes (including Heritage Court, Heatherwood Manor, Riverview Manor, Pembina Pioneer Haven 1 & 2, Pembina Pioneer Haven 3, Lion's Sunset Manor, Pine Grove Manor, Rosewood Manor, and Wildrose Villa). Senior apartments and social housing units are priced at 30% of tenant income, with social housing including rent, heat, water, and sewer. The organization also administers the Rental Assistance Benefit Program in long-term partnership with the Provincial Government of Alberta, providing subsidy support to low-income families and individuals.

The Evergreens Foundation employs 251-500 staff and operates without a proprietary technology platform; its value proposition rests on direct service delivery, deep community integration, and regulatory partnership rather than technology differentiation. Revenue is derived from a mix of subsidized tenant contributions, government rental assistance, and likely provincial/federal operating grants, though specific financial figures are not publicly disclosed. A funding event dated 2025-02-10 involving Employment and Social Development Canada (ESDC) is recorded, consistent with its reliance on government program funding.

Name

The Evergreens Foundation

Legal name

The Evergreens Foundation

Website

https://evergreensfoundation.com

Company type

Private

Founded year

1960

Operating status

Operating

Headcount range

251–500 employees

Short description

The Evergreens Foundation is a not-for-profit housing management body serving Alberta seniors and lower-income families across six rural municipalities through affordable lodges, apartments, and social housing units.

Ownership category

akta.pro rank

Product category

Affordable Housing Services

NAICS

Community Housing Services (62422), Services for the Elderly and Persons with Disabilities (62412), Temporary Shelters (624221), Emergency and Other Relief Services (624230)

SIC

Services-Social Services (8300), Hotels, Rooming Houses, Camps & Other Lodging Places (7000)

akta.pro primary industry

Affordable Housing & Community Development (Housing, Community Land Trusts) (BPAGALAC)

akta.pro secondary industries

Elder Services & Aging Support (BPAGAEAF), Homelessness Prevention, Shelter & Supportive Housing Services (BPAIANAC), Housing Assistance & Homeless Services (BPAGAEAB)

Keywords

• Affordable housing
• Seniors housing
• Social housing
• Income-based rent
• Supportive living

Headquarters

HQ city

Hinton

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Others

Pricing tiers

Distribution channels1 record

Marketing channels1 record

Core offering

The Evergreens Foundation is a not-for-profit housing management body that provides affordable housing to seniors and families in rural Alberta. It operates a Seniors Lodge Program (supportive living housing for seniors in rural communities), a Seniors Apartment Program (one-bedroom independent apartments at 30% of income), and a Social Housing Program (family housing at 30% of income including rent, heat, water, and sewer) across six municipalities. The Rental Assistance Benefit Program provides additional rental subsidy through a partnership with the Provincial Government of Alberta.

Product overview

The Evergreens Foundation is a not-for-profit housing management body offering a portfolio of affordable housing solutions across six municipalities in Alberta. The organization operates two core programs: Seniors Housing (Lodges and Apartments) and Social Housing. The Seniors Lodge Program provides housing for Alberta seniors in five lodges (Alpine Summit Lodge in Jasper, Pine Valley Lodge in Hinton, Parkland Lodge in Edson, Sunshine Place Lodge in Evansburg, and Whispering Pines Lodge in Grande Cache) plus Kikinow Elders Lodge. The Seniors Apartment Program offers one-bedroom units at 30% of income rates across nine locations including Heritage Court, Heatherwood Manor, Riverview Manor, Pembina Pioneer Haven 1 & 2, Pembina Pioneer Haven 3, Lion's Sunset Manor, Pine Grove Manor, Rosewood Manor, and Wildrose Villa. The Social Housing Program serves families in financial need in Edson, Evansburg, Hinton, and Wildwood with costs at 30% of income including rent, heat, water and sewer. The Rental Assistance Benefit Program provides additional subsidy support through a partnership with the Provincial Government of Alberta.

Differentiator

Problem solved

Functional benefit

Products and services

• Seniors Lodge Program Affordable housing for Alberta seniors no longer wishing to or unable to maintain a full household on their own. Lodges are situated in the heart of rural communities and are available for affordable monthly rents, allowing residents to remain in the towns they have grown in and loved.
• Seniors Apartment Program One-bedroom apartments for low to moderate income seniors who wish to live independently in an apartment they can call home. Rental rates are based on 30% of income with additional costs for cable, electricity, and parking applied as extras.
• Social Housing Program Affordable housing for Canadian families in financial need. Tenant costs are set at 30% of income and include rent, heat, water, and sewer. The program is managed through the Social Housing Program in Edson, Evansburg, Hinton, and Wildwood.
• Rental Assistance Benefit Program Rental subsidy program for low-income families and individuals struggling with rental affordability, delivered through a partnership with the Provincial Government of Alberta. The program enables the organization to provide rental assistance beyond what could be funded through rental income alone.

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Provincial Government of AlbertacoreStrategic or Co-development PartnerThe Rental Assistance Benefit Program is a long-term partnership between The Evergreens Foundation and the Provincial Government of Alberta. This program allows the organization to provide rental subsidy to low-income families and individuals struggling with housing affordability in their communities. The government partnership enables the organization to offer income-based housing support beyond what could be funded through rental income alone.

Scale indicators4 records

Recent moves3 records

Expansion highlights3 records

Peers

• Revera Inc.

Direct peers

• Habitat for Humanity Canada: National nonprofit affordable housing organization providing subsidized housing to families in need across Canada. Comparable mission and revenue model (donations, government partnerships, affordable rents), though focused on homeownership pathways rather than rental management.
• Capital Region Housing Corporation: Edmonton-based nonprofit housing management body providing affordable housing to low-income families, seniors, and individuals across Alberta. Directly comparable as a province-of-Alberta nonprofit operating subsidized housing with government partnerships and similar program structures.
• Mainstay Housing (Calgary Housing Company): Calgary-based nonprofit housing management body providing affordable rental housing to low-income households, including seniors. Direct peer as an Alberta-located nonprofit operating subsidized housing with government partnerships and income-based rents.

Broad incumbents

• Toronto Community Housing Corporation: Canada's largest social housing provider, operating affordable housing for low-income Torontonians including seniors. Directly comparable as a nonprofit housing management body, though at vastly larger urban scale; both serve subsidized residents with income-based rents and government partnerships.
• BC Housing: Provincial housing agency managing subsidized and affordable housing across British Columbia, including seniors housing. Highly comparable as a government-affiliated nonprofit housing management body serving low-income populations with mixed program types.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/EvergreensFnd

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about The Evergreens Foundation