Airedale Residential Limited — Religion Charity in Auckland

Airedale Residential Limited is a Trust charity in the Religion sector, based in Auckland , Auckland . Annual revenue: $12.4M NZD. Financial data as at June 2025.

Mission: To support the charitable objects and activities of Airedale Property Trust, Lifewise Trust, Methodist Mission Northern. The advancement of the Christian religion. The relief of poverty, including (without limitation) the provision of housing for those in poverty. The promotion of education. The support of charitable organisations that further the above purposes. Any other purposes within New Zealand which are charitable according to the law of New Zealand.

Registration Number
CC60067
Charity Type
Trust
Registration Date
2022-04-14
Status
Active
Sector
Religion
Location
Auckland , Auckland
Email
sarahm@apt.org.nz
Data as at
June 2025

Beneficiaries: Other - All

Financial Summary

Total Revenue
$12.4M NZD
Total Expenses
$12.0M NZD
Total Assets
$3.1M NZD
Net Assets
$1.0M NZD
Reserve Months
0.0 months of operating expenses
Financial Year End
2025-06-30

Financial History

YearRevenueExpensesNet Assets
2025$12.4M$12.0M$1.0M
2024$11.3M$10.9M$0.6M
2023$6.1M$5.9M$0.2M

Board Members and Officers

Current Officers (3)

NameRoleAppointed
Pamela ElgarDirector2025-10-30
Antonia YelavichDirector2025-02-28
sarah MillsCfo2023-10-13

Former Officers (3)

  • Shirley Rivers — Director (departed 2025-10-30)
  • Philip Harper — Director (departed 2023-10-13)
  • Dean Shields — Director (departed 2025-02-28)

Executive Compensation

NameRoleCompensationYear
Board/Trustees (unpaid)Directors/Trustees$0-
Board/Trustees (unpaid)Directors/Trustees$02025
D M ShieldsDirector-2025
L N S RiversDirector-2025
S J MillsDirector-2025
A YelavichDirector-2025

Major Funders and Contracts (FY2025)

As disclosed in Airedale Residential Limited's annual report.

  • Ministry of Housing and Urban Development (MHUD) — Rental supplement and repair/maintenance contribution

Service Providers

  • Grant Thornton
  • Grant Thornton New Zealand Audit Limited

Similar Charities in Religion

ReligionTrust

Airedale Residential Limited

CC60067Auckland , Auckland Registered 14 Apr 2022
Data updated: 5 days ago
Financials30 Jun 2025Rating4d ago

Financial data as at June 2025. Sourced from Charities Services register.

NR
Not rated — Subsidiary of a service-delivering parent — see the parent charity's rating

This entity is registered as a charity but functions as a property, trading, or investment vehicle held by a service-delivering parent (a church, school, hospital, professional association, or similar). Its purpose is to hold or trade assets on the parent's behalf — not to deliver programs to public beneficiaries on its own books. The standard charity rating template (program-vs-administration split, reserve-months, fundraising efficiency) doesn't apply at the subsidiary level — those signals are meaningful at the parent level. A letter grade is withheld here rather than producing a misleading F driven by template-fit. Look up the parent charity by name for its rating.

How ratings work →

Reasons to look carefully (1)

These structural observations are drawn from public data and are worth considering before a donation. They are not allegations of wrongdoing, and they don’t affect the charity’s letter grade.

  • No chair recorded on the register
    No chair or presiding role is recorded in the register for this board of 3. The Charities Register does not require one to be identified, so this is a gap in the public record rather than a finding about the board.

Each signal is a data-driven observation, not a judgement. They fire automatically from the figures filed with Charities Services. A charity can address any of these by filing fuller disclosure or updating its officer register. Methodology: /about/methodology/concern-signals.

Revenue

$12.4M

Expenses

$12.0M

Assets

$3.1M

Financial data from Charities Services annual return (FY2025). Ratings calculated using CharityData v3.1.1 methodology.

Subsidiary

Special Entity Type

This organization is a subsidiary or branch of a parent charity.

About

Mission

To support the charitable objects and activities of Airedale Property Trust, Lifewise Trust, Methodist Mission Northern. The advancement of the Christian religion. The relief of poverty, including (without limitation) the provision of housing for those in poverty. The promotion of education. The support of charitable organisations that further the above purposes. Any other purposes within New Zealand which are charitable according to the law of New Zealand.

Who We Serve

Beneficiaries
Other - All

Key Statistics

Annual Revenue
$12.4M
Total Expenses
$12.0M
Net Assets
$995.0K

Financial Trends

Financial Trends (3 Years)

Expense Breakdown

API Data

Based on annual return data. Detailed program/admin breakdown not available.

Financial Health Dashboard

Cents to the Cause
100c
For every $1 spent, 100c reaches programs
Strong
Sustainability
0mo
Could operate 0 months with zero revenue
Critical
Fundraising Cost
-
No fundraising data
No data

Based on latest annual return data. Metrics are calculated from reported financial data and may not reflect the full picture. View methodology

Revenue Diversification

0
Score /100
Highly Concentrated
HHI: 10,000
High Concentration: 100% of revenue from Other
Other100.0%

HHI (Herfindahl–Hirschman Index) measures concentration across 6 income categories. Lower HHI = more diversified. Score above 60 indicates healthy diversification.

Peer Comparison

Ranked against 5 peers · Religion · $10M – $50M

Rating Score
0
#5/6
Revenue
$12.4M
#4/6
Reserve Months
0.0
#1/6
Surplus
$352K
#3/6
Staff Cost %
11%
#6/6

Peers are charities in the same sector and revenue size band. Rankings are based on the latest available data.

Rating

Score: /100
Financial
0
Governance
10
Transparency
65
View Full Score Breakdown

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Latest Audit

FY2025
Clean
Fees
Audit: $19,000

Contact Details

Address
Auckland , Auckland

Registration

Registration NumberCC60067
Entity TypeTrust
Registered14 Apr 2022
StatusRegistered

Sector & Activities

Primary Sector
Religion
Activities
Makes grants to organisations (including schools or other charities)Provides advice / information / advocacyProvides religious services / activitiesProvides services (e.g. care / counselling)

Data sourced from Charities Services register and publicly available annual returns. Our datasets may not be complete. Automated analysis can produce errors. Scores are calculated using disclosed methodology and are analytical tools, not investment ratings or recommendations. If you believe any data on this page is incorrect, please contact us at hello@charitydata.co.nz. For informational purposes only. Not investment advice. Last updated: 30 September 2026.