Southern Cross CLT Limited — Health Charity in Queenstown

Southern Cross CLT Limited is a Trust charity in the Health sector, based in Queenstown, Queenstown. Annual revenue: $14.9M NZD. Financial data as at June 2025.

Mission: To further the Charitable Purposes of its charitable shareholders, Central Lakes Trust and Southern Cross Hospitals Limited

Registration Number
CC56797
Charity Type
Trust
Registration Date
2019-07-05
Status
Active
Sector
Health
Location
Queenstown, Queenstown
Website
https://www.rvg.nz
Email
steve@rvg.nz
Data as at
June 2025

Beneficiaries: General public

Financial Summary

Total Revenue
$14.9M NZD
Total Expenses
$4.1M NZD
Total Assets
$19.2M NZD
Net Assets
$-19.4M NZD
Reserve Months
0.0 months of operating expenses
Staff Count
73
Volunteers
0
Financial Year End
2025-06-30

Financial History

YearRevenueExpensesNet Assets
2025$14.9M$4.1M$-19.4M
2024$12.2M$1.7M$-17.0M
2023$8.2M$0.0M$-14.3M
2022$2.3M$0.0M$0.5M
2021$0.0M$0.2M$-0.3M
2020$0.0M$0.0M$0.0M

Board Members and Officers

Current Officers (4)

NameRoleAppointed
Richard KeysDirector2025-11-01
Timothy LoveTrustee2024-01-30
Christopher WhiteDirector2021-12-01
Kathleen GrantDirector2021-09-06

Former Officers (6)

  • Graeme Blair — Director (departed 2023-06-30)
  • Mark Taylor — Director (departed 2025-07-21)
  • Matthew Edwards — Director (departed 2019-09-13)
  • Terence Moore — Director (departed 2022-02-14)
  • Tau Ho — Director (departed 2021-12-01)
  • Susan Findlay — Director (departed 2021-09-06)

Service Providers

  • KPMG

Similar Charities in Health

Southern Cross CLT Limited logo
HealthTrust

Southern Cross CLT Limited

CC56797Queenstown, QueenstownRegistered 5 Jul 2019
Data updated: 5 days ago
Financials30 Jun 2025Rating2d ago

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

NR
Not rated — Structural balance-sheet — standard template does not apply

This charity has reported liabilities exceeding assets for two or more consecutive years. That pattern is common and structural for retirement villages (occupation-right-agreement bonds recorded as liabilities), iwi treaty-settlement vehicles (future-obligation accruals), and infrastructure trusts with Crown loan principal — it does not indicate financial distress, but our standard reserve-months scoring template does not apply. The charity's figures are shown above.

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 4. 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

$14.9M

Expenses

$4.1M

Assets

$19.2M

Staff

73

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

About

Mission

To further the Charitable Purposes of its charitable shareholders, Central Lakes Trust and Southern Cross Hospitals Limited

Who We Serve

Beneficiaries
General public

Key Statistics

Annual Revenue
$14.9M
Total Expenses
$4.1M
Net Assets
$-19.4M
Staff
73
employees
Volunteers
0

Financial Trends

Financial Trends (6 Years)

Financial Health Dashboard

Cents to the Cause
100c
For every $1 spent, 100c reaches programs
Strong
Sustainability
2.4mo
Could operate 2.4 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 10 peers · Health · $10M – $50M

Rating Score
0
#9/11
Revenue
$14.9M
#6/11
Reserve Months
0.0
#1/11
Surplus
$10.8M
#1/11
Staff Cost %
0%
#1/11

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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Contact Details

Address
Queenstown, Queenstown

Registration

Registration NumberCC56797
Entity TypeTrust
Registered5 Jul 2019
StatusRegistered

Companies Office

StatusRegistered
Entity TypeNZ Limited Company
Company #7097133

Sector & Activities

Primary Sector
Health
Activities
Provides buildings / facilities / open spaceProvides 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: 28 September 2026.