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Issuers / Centre for Social Innovation / 2025 Community Bonds

Dated offering record · May 1, 2025

Centre for Social Innovation 2025 Community Bonds

Centre for Social Innovation · Ontario not-for-profit corporation

Not Rated No credit classification assigned

Statement dated May 1, 2025 · Valid until April 30, 2026 as stated in the document. This date is not a live sale status.

Public facts

Terms at a glance

Authorized amountUp to $6,137,225
Statement p. 1
Series L4.25% · 3 years
Annual interest; $1,000 minimum · pp. 1, 13–18
Series M5% · 5 years
Compounded interest; $5,000 minimum · pp. 1, 13–18
Series N6% · 5 years
Compounded interest; $25,000 minimum · pp. 1, 13–18
MaturitiesMay 2028 / May 2030
Series L / Series M and N · pp. 13–18
TransfersBoard consent; $100 fee
Statement pp. 13–20

The offering statement sets authorized terms and amounts. It does not establish that every class was issued or that the full amount was raised.

Issuer-described purpose

What the issuer says it supports

CSI describes workspaces and support for social entrepreneurs, including programs and networks for social innovation. Source: pp. 6–7.

This is the issuer’s description in its dated statement; Impact Bonds has not independently measured the outcomes.

Business and stated use of proceeds

The statement describes workspace, facilities and programs in Toronto, as well as a conditional plan to sell the 720 Bathurst property. Source: pp. 1–10.

The proposed raise would replace maturing Series B and J bonds and retire a portion of the VCIB mortgage. Its proposed uses total $6,137,225. Source: pp. 1–2 and 9.

Security as disclosed

The statement describes trustee-held property charges initially subordinate to the VCIB mortgage. Its proposed property sale would alter the collateral and financing structure; see pp. 1–3, 13–18 and Schedule D.

Read the source and its limits

The supplied statement includes a pro forma in Schedule E; it does not append current completed audited statements and an auditor’s report. Section 8 says prospective investors can review “Financial Details,” whose assurance level is not established by this PDF. This absence is not evidence that CSI refused a request.

Future access

Document summary and credit report

Full statement summary · email tier

Planned. It will be labelled Not Rated, AI-generated, without human analyst review or issuer contact. No signup is available yet.

Independent credit report · $20

No report or classification is available for this offering. The analyst methodology and conflict controls are still being developed; purchasing is unavailable.

Evidence and disclosure

How to read this record

Source: CSI May 2025 offering statement (PDF), dated May 1, 2025. This public record extracts basic facts from that document and attributes business and impact statements to the issuer. It is a dated snapshot, without later developments or independent verification. It is not an unreviewed AI statement summary or an analyst credit assessment.

No analyst credit assessment or issuer-management response is presented here.

Read the full document before relying on its terms. This page is general information, not personal investment advice or a prediction of repayment. Evidence standards · Corrections and disclosures.