As a not-for-profit company limited by guarantee and incorporated in 1984, we are committed to the highest standard of corporate governance, including stringent codes of ethical conduct, accountability and transparency.
The Importance
of Corporate
Governance
We are committed to the three pillars of corporate
governance:
governance:
- Transparency
- Accountability
- Security
WorkVentures has a high level of integrity. We are committed to upholding strong ethical values in all our operations.
Financial
Statements
Our financial accounts are independently audited and lodged annually with the Australian Charities and Not-for-Profits Commission (ACNC).
Please contact us if you wish to receive a copy of earlier financial statements.
During the second half of 2023, BDO Audit Pty Ltd resigned as auditors of the company and subsequently HLB Mann Judd Assurance (NSW) Pty Ltd were appointed as auditors. For good Corporate Governance purposes, the Board decided to change auditors due to the fact that BDO Audit Pty Ltd had been the auditors of the company for a number of years.
Legal Compliance
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 Privacy Act 1988, National Privacy Principles and WorkVentures’ privacy policy
The NSW Charitable Fundraising Act 1991
Tax Deductibility
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.
