Airedale Property Trust — Community Development Charity in Auckland

Airedale Property Trust is a Trust charity in the Community Development sector, based in Auckland, Auckland. This organisation also provides funding to other charities. CharityData rates this charity B+ (82.5/100). Annual revenue: $26.4M NZD. 1 red flag detected. Financial data as at June 2025.

Mission: Residential rental property, landlord, community and social housing provider, property investment, retirement village operator and management services.

Registration Number
CC39828
Charity Type
Trust
Registration Date
2009-05-05
Status
Active
CharityData Rating
B+ (82.5/100)
Sector
Community Development
Location
Auckland, Auckland
Funder Status
Grant-making charity (trust)
Data as at
June 2025

Beneficiaries: Older people, Other charities, Religious groups

Financial Summary

Total Revenue
$26.4M NZD
Total Expenses
$37.4M NZD
Total Assets
$200.8M NZD
Net Assets
$98.1M NZD
Reserve Months
31.5 months of operating expenses
Financial Year End
2025-06-30

Financial History

YearRevenueExpensesNet Assets
2025$26.4M$37.4M$98.1M
2024$21.9M$33.0M$111.8M
2023$19.5M$26.5M$120.3M
2022$17.4M$15.5M$141.5M
2021$18.6M$14.4M$123.6M
2020$12.8M$11.5M$87.0M
2019$15.1M$8.4M$84.2M
2018$5.6M$5.6M$77.6M
2017$4.8M$4.6M$72.1M
2016$4.7M$2.9M$66.5M

CharityData Rating

Overall Grade
B+
Overall Score
82.5/100
Financial Score
100
Governance Score
75
Transparency Score
85

Red Flags

  • 2 trustees of this charity also sit on multiple other charity boards — concentrated trustee bandwidth may warrant board-skill-mix review.

Board Members and Officers

Current Officers (2)

NameRoleAppointed
Pam Elgar ONZMTrustee and Chief Executive2026-03-01
Ruth BruceChair2025-04-16

Former Officers (20)

  • Abhishek Solomon — Trustee
  • Leon Wijohn — Trustee
  • Ruanna Letalu — Trustee
  • Arapera NGAHA — Trustee
  • Sonia Pope — Trustee
  • Ashel Reuben — Trustee (departed 2025-04-15)
  • Lucia River — Head of Mission (departed 2025-10-30)
  • Wlliam MacDonald — Head of Mission/trustee (departed 2019-12-24)
  • Hedy Huang — Trustee (departed 2025-02-28)
  • Susan McKinnon — Trustee (departed 2025-04-15)
  • Christina Vanbohemen — Trustee (departed 2025-04-15)
  • Keith Hooper — Trustee (departed 2020-10-20)
  • Mel Easton — Trustee (departed 2025-04-15)
  • John Wilson — Trustee (departed 2014-07-30)
  • Warren Chapman — Trustee (departed 2025-04-15)
  • John Murray — Trustee (departed 2021-11-30)
  • Norman Johnston — Trustee (departed 2012-01-31)
  • David Smith — Trustee (departed 2012-01-31)
  • David Hunt — Trustee (departed 2024-01-01)
  • Gregory Wright — Trustee (departed 2023-02-28)

Executive Compensation

NameRoleCompensationYear
Key Management Personnel (aggregate)Key Management Personnel$1,371,000-
Key Management Personnel (aggregate)Other Key Management Personnel$1,371,0002025
Executive Chair of the BoardChair$31,850-
Executive Chair of the BoardChair$31,8502025
Previous Chair of the BoardChair (previous)$5,000-
Previous ChairChair (previous)$5,0002025
Previous Chair of the BoardChair (previous)$5,0002025
Board/Trustees (unpaid)Trustees$02025
Board/Trustees (unpaid)Trustees$0-

Service Providers

  • Jon Ashford

Similar Charities in Community Development

FunderCommunity DevelopmentTrustTrust

Airedale Property Trust

CC39828Auckland, AucklandRegistered 5 May 2009
Data updated: 2 days ago
Financials30 Jun 2025Ratingyesterday

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

B+
83/100
Financial
100
Governance
75
Transparency
85

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.

  • Same audit firm for many years
    Same audit firm (Grant Thornton) for 8 consecutive years — best practice rotates audit firms periodically to refresh independent oversight

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

$26.4M

Expenses

$37.4M

Assets

$200.8M

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

1 red flag identified- Review the Rating tab for details

Funder Profile

Grantmaker

This organisation makes grants or donations to other charities and organisations.

Funding Sectors
Social ServicesCommunity Development
Beneficiaries
ElderlyGeneral Public
Geographic Focus
Auckland

About

Mission

Residential rental property, landlord, community and social housing provider, property investment, retirement village operator and management services.

Who We Serve

Beneficiaries
Older peopleOther charitiesReligious groups

Key Statistics

Annual Revenue
$26.4M
Total Expenses
$37.4M
Net Assets
$98.1M

Financial Trends

Financial Trends (16 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 · Community Development · $10M – $50M

Rating Score
83
#3/6
Revenue
$26.4M
#2/6
Reserve Months
31.5
#1/6
Surplus
$-11.0M
#6/6
Staff Cost %
23%
#6/6

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

Rating

B+
Score: 82.5/100
Financial
100
Governance
75
Transparency
85
Why this grade: Financial 100 × 40% + Governance 75 × 60% = 85 → 83 after red-flag penalties → B+.
View Full Score Breakdown

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Contact Details

Address
Auckland, Auckland

Registration

Registration NumberCC39828
Entity TypeTrust
Registered5 May 2009
StatusRegistered

Companies Office

StatusRegistered
Entity TypeCharitable Trust
Incorporated20 Mar 2009
Registered office
124 Vincent Street, Auckland Central, Auckland

Sector & Activities

Primary Sector
Community Development
Activities
Acts as an umbrella / resource bodyMakes grants to organisations (including schools or other charities)Provides buildings / facilities / open space

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: 27 September 2026.