Homes North Community Housing Company Ltd
Also known as “homesnorth homes / lives / communities”, Homes North Community Housing Company Ltd is a large-scale charity established in 1998. Their main activity is registered as housing activities primarily serving people at risk of homelessness/ people experiencing homelessness.
Homes North (HN) was successful in the recent NSW Government Social Housing Management Transfer tender which means that from May 2019 HN now manages 2,735 properties (compared to 1,021 as at June 2018) across the New England and North West, NSW under a range of housing initiatives and programs primarily funded by the NSW State government. During the year HN housed 176 new households (including 89 youth) in need of affordable, safe and appropriate housing across New England North West regional NSW. 28% of our tenants require assistance to live independently and maintain their tenancies; HN provided case management and support networks for these tenants. HN allocates the majority of the housing it manages from the NSW Governments centralised housing register for social housing, Housing Pathways. HN reviews and assesses applications for Housing Pathways. In addition, HN provides a range of services to community members experiencing homelessness, at risk of homelessness or in need of a more appropriate housing solution. HN coordinates key forums and working groups across the New England North West to ensure the service understands and responds to local community challenges and resources are allocated to efficiently target those in greatest need. The portfolio of properties under our management is maintained at the NSW Land and Housing Corporation asset standard or above and is in compliance with the NSW Residential Tenancy Act. HN provides housing management services, on a fee-for-service basis, for 69 properties for other social and affordable housing providers, including an Aboriginal Land Council, Aboriginal Housing Office and the Aboriginal Hostels Association. Homes North's ("HN") successfully managed the transition of an additional 1,700 social housing tenancies in the New England North West on May 2019. This necessarily involved a change in focus during the 2019 year to planning, coordinating and implementing the transfer of tenancy management and housing services from the NSW State Government to HN on long term 20 year leases. HN has focused on building sound foundations and capacity for a significantly scaled up service delivery model.
Who They Help
- Aboriginal and Torres Strait Islander people
- Financially disadvantaged people
- Gay, lesbian, bisexual, transgender or intersex persons
- People at risk of homelessness/ people experiencing homelessness
- People from a culturally and linguistically diverse background
- People in rural/regional/remote communities
- People with disabilities
- Pre/post release offenders and/or their families
- Unemployed persons
- Victims of crime (including family violence)
Total employee expenses: $3,677,654 (25% of revenue).
Average full-time equivalent salary: $59,317.
Revenue vs Expenses
Homes North Community Housing Company Ltd has seen an average annual growth of 11% in revenue versus a 17% p.a. increase in expenses. This imbalance can sometimes mean a challenge for long-term financial management.
Assets vs Liabilities
As of 2019, Homes North Community Housing Company Ltd has a debt-to-equity (D/E) ratio of 0.07. This is considered safer than average within the charity space.
Sources of Revenue
Sources of Expense
- Neil Scholes-robertson
- SecretaryPossibly also represents: New England And Western Tenants Advice And Advocacy Service Incorporated.
- Kenneth Bone
- DirectorPossibly also represents: Barunga Village Inc.
- Jane Michie
- Janelle Speed
- DirectorPossibly also represents: Friends of Myall Creek Memorial Inc.
- John Kleeman
- DirectorAlso represents: Alliance Social Enterprises Company Ltd.
- Sue Ainsworth
- Alison Sheridan
- DirectorPossibly also represents: Australasian Mutuals Institute Ltd.
- Cathy Duncan
- Elizabeth Cumming
- Deputy Chairperson
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- Registration Status
- Charity is registered.
- DGR Status
Donations can be claimed as a tax deduction.
- Office Address
Unit 17 93 Faulkner Street
- Operating States
- Entity Type
Other Incorporated Entity
Other incorporated entity includes an entity that has the same characteristics as a company but is not incorporated as a corporation's law company. This category includes: a branch of an overseas company not incorporated in Australia (often the name ends in corporation) incorporated associations which are incorporated under a State Act incorporated charitable institutions Public Benevolent Institution
- homelessness, community, nsw, case management, armidale, affordable housing, properties, social housing, england, new england, tenants, affordable