The Chelsea Hospital Trust BoardHealth Charity in Gisborne

The Chelsea Hospital Trust Board is a Trust charity in the Health sector, based in Gisborne, Gisborne. This organisation also provides funding to other charities. CharityData rates this charity A- (86.5/100). Annual revenue: $7.8M NZD. Financial data as at January 2026.

Mission: Provide an accredited hospital facility to undertake both ACC and other elective surgical services to its beneficiaries, being the community of Gisborne. The Trust re-invests surplus funds into its land and buildings, plant and equipment, technology and personnel to continue to maintain the highest standard of care and service. The Trust also has scope to apply residual funds to such Charitable purposes as the Trustees see fit, including charitable hospital care/services. The Trust also provides capacity for the public sector to outsource surgical procedures to address waiting lists on a collaborative basis.

Registration Number
CC23837
Charity Type
Trust
Registration Date
2008-05-04
Status
Active
CharityData Rating
A- (86.5/100)
Sector
Health
Location
Gisborne, Gisborne
Email
vicki@chelseahospital.co.nz
Funder Status
Grant-making charity (trust)
Data as at
January 2026

Financial Summary

Total Revenue
$7.8M NZD
Total Expenses
$7.0M NZD
Total Assets
$8.4M NZD
Net Assets
$7.5M NZD
Reserve Months
0.8 months of operating expenses
Staff Count
32
Financial Year End
2026-01-31

Financial History

YearRevenueExpensesNet Assets
2026$7.8M$7.0M$7.5M
2025$6.6M$6.1M$6.7M
2024$5.3M$5.1M$5.0M
2023$3.5M$3.8M$4.7M
2022$3.5M$3.6M$5.1M
2021$3.1M$3.1M$4.6M
2020$2.8M$3.0M$4.6M
2019$3.0M$3.1M$4.8M
2018$3.7M$3.5M$4.9M
2017$3.8M$3.5M$4.7M

CharityData Rating

Overall Grade
A-
Overall Score
86.5/100
Financial Score
100
Governance Score
55
Transparency Score
65

Board Members and Officers

Current Officers (7)

NameRoleAppointed
Duncan Cundall-CurryTrustee2023-11-22
Hayden AndersonTrustee2023-11-22
Peter StivenTrustee2023-03-31
Sean ShivnanTrustee2011-11-30
Bernd StoltenbergTrustee2010-06-23
Tina KaraitianaTrustee2008-05-05
Ingrid CollinsTrustee2008-05-05

Former Officers (13)

  • Graham WilsonTrustee (departed 2024-11-20)
  • Anna HoldsworthTrustee (departed 2024-11-23)
  • William WeidermanTrustee (departed 2023-11-22)
  • Gregory KasselTrustee (departed 2022-03-08)
  • Karel ChiversTrustee (departed 2018-04-01)
  • Ian BurtonTrustee (departed 2023-03-31)
  • Michael Charles MuirTrustee (departed 2022-11-15)
  • Neil Matthew MackieTrustee (departed 2023-11-22)
  • John KyngdonTrustee (departed 2015-07-17)
  • Susan Rosemary KempTrustee (departed 2020-08-11)
  • Allen William MarxTrustee (departed 2010-06-23)
  • Aidarus FarahN/a (departed 2014-02-28)
  • Matthew Peter ToddTrustee (departed 2010-12-05)

Executive Compensation

NameRoleCompensationYear
Key Management Personnel (aggregate)Chief Executive Officer$100,000-
Key Management Personnel (aggregate)Chief Executive Officer$100,0002025
Board/Trustees (unpaid)Board of Trustees$0-
Board/Trustees (unpaid)Board of Trustees$02025

Service Providers

  • BDO

Similar Charities in Health

FunderHealthTrustTrust

The Chelsea Hospital Trust Board

CC23837Gisborne, GisborneRegistered 4 May 2008
Data updated: 1 Sept 2026
Financials7mo agoRatingyesterday

Financial data as at January 2026. Sourced from Charities Services register.

A-
87/100
Financial
100
Governance
55
Transparency
65

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 designated
    Board of 18 with no chair designated on the register

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

$7.8M

Expenses

$7.0M

Assets

$8.4M

Staff

32

Financial data from Charities Services annual return (FY2026). Ratings calculated using CharityData v3.1.1 methodology.

Funder Profile

Grantmaker

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

Funding Sectors
HealthCommunity Development
Beneficiaries
General Public
Geographic Focus
Gisborne

About

Mission

Provide an accredited hospital facility to undertake both ACC and other elective surgical services to its beneficiaries, being the community of Gisborne. The Trust re-invests surplus funds into its land and buildings, plant and equipment, technology and personnel to continue to maintain the highest standard of care and service. The Trust also has scope to apply residual funds to such Charitable purposes as the Trustees see fit, including charitable hospital care/services. The Trust also provides capacity for the public sector to outsource surgical procedures to address waiting lists on a collaborative basis.

Key Statistics

Annual Revenue
$7.8M
Total Expenses
$7.0M
Net Assets
$7.5M
Staff
32
employees

Financial Trends

Financial Trends (18 Years)

Revenue Breakdown

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
1mo
Could operate 1 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

20
Score /100
Highly Concentrated
HHI: 8,010
High Concentration: 89% of revenue from Other
Other88.9%
Donations10.3%
Investment Income0.7%

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

Peer Comparison

Ranked against 81 peers · Health · $1M – $10M

Rating Score
87
#3/82
Revenue
$7.8M
#5/82
Reserve Months
0.8
#1/82
Surplus
$780K
#20/82
Staff Cost %
31%
#82/82

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

Rating

A-
Score: 86.5/100
Financial
100
Governance
55
Transparency
65
Why this grade: Financial 100 × 40% + Governance 55 × 60% = 73 → A-.
View Full Score Breakdown

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Contact Details

Address
Gisborne, Gisborne

Registration

Registration NumberCC23837
Entity TypeTrust
Registered4 May 2008
StatusRegistered

Companies Office

StatusRegistered
Entity TypeCharitable Trust
Incorporated10 Feb 1959

Sector & Activities

Primary Sector
Health

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: 11 September 2026.