Memories and buildings are the most obvious reminders of Elk Island's rich history. In Canada, any federal government building more than 40 years of age is evaluated by the Federal Heritage Buildings Review Office (FHBRO) to assess the historic nature of the structure and the appropriate level of protection. In Elk Island National Park, the Superintendent's residence, the Pavilion overlooking the beach area, the horse barn, and the Ukrainian Pioneer Home have FHBRO protection. These buildings are maintained and managed in accordance with FHBRO direction.

The Ukrainian Pioneer Home was designated as a "Classified" federal heritage building because of its commemorative history, its stature as the oldest purpose-built Ukrainian museum in Canada, and its association with important individuals and events related to the commemoration of Ukrainian immigration to Canada. Two Prime Ministers, Louis St. Laurent and Lester Pearson, have participated in events at this site.

All historic buildings undergo regular maintenance to protect their historic qualities. The Ukrainian Pioneer Home requires special efforts. Recent maintenance includes the re-thatching of the roof during the summer of 2014.

A portion of the collection of tools, clothing and textiles, and other artifacts related to the Ukrainian settlement in the Elk Island Park area - formerly displayed in the Home - has been lent to the Basilian Fathers Museum in Mundare, Alberta, for public viewing.