Search and Rescue Services Limited — Health Charity in Taupo
Search and Rescue Services Limited is a Trust charity in the Health sector, based in Taupo, Taupo. CharityData rates this charity C- (57.5/100). Annual revenue: $51.4M NZD. Financial data as at June 2024.
Mission: To Provide Air Rescue and Air Ambulance Service
- Registration Number
- CC41583
- Charity Type
- Trust
- Registration Date
- 2009-07-28
- Status
- Active
- CharityData Rating
- C- (57.5/100)
- Sector
- Health
- Location
- Taupo, Taupo
- mark.king@srsl.org.nz
- Data as at
- June 2024
Beneficiaries: General public
Financial Summary
- Total Revenue
- $51.4M NZD
- Total Expenses
- $51.4M NZD
- Total Assets
- $10.1M NZD
- Net Assets
- $4.3M NZD
- Reserve Months
- 1.4 months of operating expenses
- Staff Count
- 137
- Volunteers
- 0
- Financial Year End
- 2024-06-30
Financial History
| Year | Revenue | Expenses | Net Assets |
|---|---|---|---|
| 2024 | $51.4M | $51.4M | $4.3M |
| 2023 | $51.8M | $49.8M | $4.3M |
| 2022 | $32.8M | $34.4M | $2.3M |
| 2021 | $29.6M | $29.5M | $3.8M |
| 2020 | $26.4M | $24.7M | $3.7M |
| 2019 | $10.5M | $8.5M | $2.0M |
CharityData Rating
- Overall Grade
- C-
- Overall Score
- 57.5/100
- Financial Score
- 50
- Governance Score
- 75
- Transparency Score
- 85
Board Members and Officers
Current Officers (10)
| Name | Role | Appointed |
|---|---|---|
| Jonathan Faram | Director | 2025-11-06 |
| Evan Cottam | Director | 2025-10-30 |
| David Wickham | Director | 2025-01-31 |
| Patrick Willock | Director | 2025-01-31 |
| Theresa Ahern | Director | 2022-10-31 |
| Angela Cronin | Director | 2021-05-31 |
| Grant Lilly | Director | 2020-09-23 |
| Geoffrey Hughes | Director | 2019-12-17 |
| David Wright | Chair | 2019-03-20 |
| Greg Bishop | Director | 2019-03-20 |
Former Officers (7)
- Mahanga Maru — Director (departed 2019-12-31)
- Bryce Barnett — Director (departed 2019-09-25)
- James Dunkerley — Director (departed 2019-09-25)
- Terence Burcher — Director (departed 2019-03-20)
- Patricia Bayley — Director (departed 2019-03-20)
- Stewart Davies — Director (departed 2019-03-20)
- Leonard Millar — Director (departed 2022-10-31)
Executive Compensation
| Name | Role | Compensation | Year |
|---|---|---|---|
| Senior Executive Officers (aggregate) | Senior Executive Officers | $1,275,321 | - |
| Senior Executive Officers (aggregate) | Senior Executive Officers | $1,275,321 | 2024 |
| Board/Trustees (aggregate) | Members of the Board | $206,000 | - |
| Board/Trustees (aggregate) | Members of the Board | $206,000 | 2024 |
| Grant Lilly | Director | - | 2022 |
| Grant Lilly | Director | - | 2021 |
| Geoffrey Hughes | Director | - | 2021 |
| David Wright | Chair | - | 2022 |
| David Wright | Chair | - | 2021 |
| Greg Bishop | Director | - | 2020 |
| David Wright | Chair | - | 2020 |
| Theresa Ahern | Director | - | 2024 |
| Errol Millar | Director | - | 2022 |
| Patrick Willock | Director | - | 2020 |
| Grant Lilly | Director | - | 2024 |
| Mahanga Maru | Director | - | 2020 |
| Geoffrey Hughes | Director | - | 2022 |
| Greg Bishop | Director | - | 2023 |
| Geoffrey Hughes | Director | - | 2024 |
| Geoffrey Hughes | Director | - | 2023 |
| Greg Bishop | Director | - | 2022 |
| Angela Swann-Cronin | Director | - | 2024 |
| Theresa Ahern | Director | - | 2023 |
| Peter Dunkerley | Director | - | 2020 |
| Angela Swann-Cronin | Director | - | 2023 |
| Greg Bishop | Director | - | 2021 |
| Bryce Barnett | Director | - | 2020 |
| Greg Bishop | Director | - | 2024 |
| Errol Millar | Director | - | 2021 |
| Errol Millar | Director | - | 2020 |
| Errol Millar | Director | - | 2023 |
| David Wright | Chair | - | 2024 |
| Angela Swann-Cronin | Director | - | 2022 |
| David Wright | Chair | - | 2023 |
| Geoffrey Hughes | Director | - | 2020 |
| Grant Lilly | Director | - | 2023 |
Major Funders and Contracts (FY2024)
As disclosed in Search and Rescue Services Limited's annual report.
- The Ambulance Team (TAT) / Central Air Ambulance Rescue Ltd (CAARL) — $42,714,141 (94% of revenue) — Subcontract to provide helicopter aero-medical services to Te Whatu Ora (Health New Zealand) and Accident Compensation Corporation (ACC)
- Central Air Ambulance Rescue Ltd (CAARL) / The Ambulance Team — $42,714,141 (94% of revenue) — Subcontract to provide helicopter aero-medical services (air ambulance and air rescue) under The Ambulance Team contract to Te Whatu Ora (Health New Zealand) and Accident Compensation Corporation
- Central Air Ambulance Rescue Ltd (CAARL) — $42,714,141 (93% of revenue) — Subcontract for helicopter aero-medical services under The Ambulance Team Contract with Te Whatu Ora (Health New Zealand) and Accident Compensation Corporation
- Health New Zealand — Te Whatu Ora — $42,714,141 — Helicopter aero-medical services for Te Whatu Ora (Ministry of Health) and Accident Compensation Corporation (ACC)
Service Providers
- BDO
- BDO Rotorua Limited
- BDO Rotorua Ltd
- Westpac New Zealand Ltd
- Westpac New Zealand Ltd
- Westpac New Zealand Ltd
- Bank of New Zealand Ltd
- Westpac New Zealand Ltd
- Westpac New Zealand Ltd
- Airbus New Zealand Ltd
- Simpson Grierson
- Chapman Tripp
- Airbus New Zealand Ltd
Reporting Group Members
Search and Rescue Services Limited files a consolidated Annual Return jointly with 1 sibling charity:
Similar Charities in Health
- Age Concern Canterbury Incorporated — Health
- Ronald McDonald House Charities New Zealand Trust — Health
- Bidwill Trust Hospital — Health
- Te Poho o Rawiri Marae — Health
- ANZUP Cancer Trials Group Limited — Health
Search and Rescue Services Limited
Financial data as at June 2024. Sourced from Charities Services register.
Reasons to look carefully (2)
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.
- Current annual return overdueThe newest annual return we hold is 27 months old — a more recent return may already be on the Charities Services register
- Shared trustees with reporting-group siblings3 current trustees also serve on the board of another charity in the same Charities Services reporting group (group has 2 member charities filing one consolidated annual return). Group-internal cross-trusteeship can be operationally efficient but should be visible to donors.
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.
$51.4M
$51.4M
$10.1M
137
Financial data from Charities Services annual return (FY2024). Ratings calculated using CharityData v3.1.1 methodology.
About
To Provide Air Rescue and Air Ambulance Service
Who We Serve
Key Statistics
Financial Trends
Financial Trends (6 Years)
Revenue Breakdown
Expense Breakdown
API DataBased on annual return data. Detailed program/admin breakdown not available.
Financial Health Dashboard
Based on latest annual return data. Metrics are calculated from reported financial data and may not reflect the full picture. View methodology
Revenue Diversification
HHI (Herfindahl–Hirschman Index) measures concentration across 6 income categories. Lower HHI = more diversified. Score above 60 indicates healthy diversification.
Peer Comparison
Ranked against 500 peers · Health (all sizes)
Top Peers in Group
Peers are charities in the same sector and revenue size band. Rankings are based on the latest available data.
Rating
C-Is this your charity?
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Sector & Activities
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.
Reporting Group — Consolidated Annual Return
Search and Rescue Services Limited is one of 2 charities in a Charities Services reporting group. Members file a single consolidated Annual Return together, so the financial figures on each member’s page reflect the combined group — not standalone operations.
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