WorkVentures is a not-for-profit company limited by guarantee and incorporated in 1984. We are committed to accountability and transparency in our relationships with stakeholders, including using our Financial Statements (below) and this website to inform stakeholders of governance and policy practices and issues.
Our financial accounts are independently audited by BDO Australia* and are lodged annually with the Australian Charities and Not-for-Profits Commission (ACNC).
*Change of Auditor
After many years of service from Pitcher Partners, the Board, on recommendation of its Finance, Audit and Risk Management Committee resolved to rotate our audit task to a different firm. On 22 November 2016 Pitcher Partners resigned and BDO East Coast Partnership took over as our auditors. These changes have been undertaken in accordance with processes of ASIC and this notice is to advise our Members of the change.
WorkVentures complies with:
- the Australian Charities and Not-For-Profits Commission ACT 2012 and Regulation
- the Corporations Act 2001 and associated regulations
- its Constitution
- the Competition and Consumer Act 2010
- the NSW Charitable Fundraising Act 1991
Tax deductibility and charitable status
Under our Constitution, the objects of the company are to conduct such public benevolent and charitable services as are considered necessary to relieve poverty, sickness, suffering, distress, misfortune, destitution or helplessness of any person.
We are endorsed by the Australian Tax Office as a Deductible Gift Recipient.
We are also endorsed as Public Benevolent Institution and are FBT and Income Tax Exempt.
We hold an authority to fundraise from the NSW Office of Liquor, Gaming and Racing, under the NSW Charitable Fundraising Act 1991.