Cosine Primary Care Network Trust — Health Charity in Wellington

Cosine Primary Care Network Trust is a Trust charity in the Health sector, based in Wellington, Wellington. Annual revenue: $11.1M NZD. Financial data as at June 2025.

Mission: Cosine Primary care Network provides governance and management services for the delivery of health care through its two medical provider practices

Registration Number
CC45736
Charity Type
Trust
Registration Date
2010-11-18
Status
Active
Sector
Health
Location
Wellington, Wellington
Email
Fiona.McConnon@kmc.co.nz
Data as at
June 2025

Beneficiaries: Children / young people, Family / whanau, General public, Older people, People with disabilities

Financial Summary

Total Revenue
$11.1M NZD
Total Expenses
$11.1M NZD
Total Assets
$0.1M NZD
Net Assets
$0.0M NZD
Reserve Months
0.0 months of operating expenses
Volunteers
0
Financial Year End
2025-06-30

Financial History

YearRevenueExpensesNet Assets
2025$11.1M$11.1M$0.0M
2024$10.5M$10.5M$0.0M
2023$10.6M$10.6M$0.0M
2022$12.5M$12.5M-
2021$8.2M$8.2M$0.0M
2020$8.1M$8.1M$0.0M
2019$7.2M$7.2M$0.0M
2018$6.4M$6.4M$0.0M
2017$6.3M$6.3M$0.0M
2016$6.2M$6.2M$0.0M

Board Members and Officers

Current Officers (0)

NameRoleAppointed

Former Officers (13)

  • Hinauri Mead — Trustee (departed 2024-12-31)
  • Andreea Mogos — Trustee
  • Peter Dunne — Chair
  • Paul Rowan — Trustee
  • Margaret De Joux — Trustee (departed 2018-03-13)
  • Nolaine Coombes — Trustee
  • Jeffrey Lowe — Trustee
  • Rawiri Evans — Trustee (departed 2017-09-19)
  • Robert Gough — Trustee (departed 2019-12-17)
  • Catherine Williams — Trustee (departed 2011-07-31)
  • Peter Moodie — Trustee (departed 2020-06-30)
  • Christopher Masters — Trustee
  • Don Barrett — Trustee (departed 2015-11-24)

Executive Compensation

NameRoleCompensationYear
Peter DunneChair$2,5002025
Nolaine CoombesTrustee - Community/Consumer Representative$1,2502025
Hinauri MeadTrustee - Community/Consumer Representative-2025
Dr Chris MastersTrustee - Provider Representative-2025
Dr Andreea MogosTrustee - Provider Representative-2025
Dr Paul RowanTrustee - Provider Representative-2025
Dr Jeffery LoweTrustee - Provider Representative-2025

Major Funders and Contracts (FY2025)

As disclosed in Cosine Primary Care Network Trust's annual report.

  • Health New Zealand Capital and Coast and Hutt Valley — PHO Services Agreement 08 variation - Primary health care service delivery

Service Providers

  • Moore Markhams
  • ASB Bank

Similar Charities in Health

HealthTrust

Cosine Primary Care Network Trust

CC45736Wellington, WellingtonRegistered 18 Nov 2010
Data updated: 5 days ago
Financials30 Jun 2025Rating4d ago

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

NR
Not rated — Subsidiary of a service-delivering parent — see the parent charity's rating

This entity is registered as a charity but functions as a property, trading, or investment vehicle held by a service-delivering parent (a church, school, hospital, professional association, or similar). Its purpose is to hold or trade assets on the parent's behalf — not to deliver programs to public beneficiaries on its own books. The standard charity rating template (program-vs-administration split, reserve-months, fundraising efficiency) doesn't apply at the subsidiary level — those signals are meaningful at the parent level. A letter grade is withheld here rather than producing a misleading F driven by template-fit. Look up the parent charity by name for its rating.

How ratings work →
Revenue

$11.1M

Expenses

$11.1M

Assets

$110.2K

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

Subsidiary

Special Entity Type

This organization is a subsidiary or branch of a parent charity.

About

Mission

Cosine Primary care Network provides governance and management services for the delivery of health care through its two medical provider practices

Who We Serve

Beneficiaries
Children / young peopleFamily / whanauGeneral publicOlder peoplePeople with disabilities

Key Statistics

Annual Revenue
$11.1M
Total Expenses
$11.1M
Net Assets
$6
Volunteers
0

Financial Trends

Financial Trends (15 Years)

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
0mo
Could operate 0 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
$11.1M
#10/11
Reserve Months
0.0
#1/11
Surplus
$0
#8/11
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 History

NR
2025
Score: N/A
Financial: 0 | Governance: 40 | Transparency: 85
Current
NR
2024
Score: N/A
Financial: 0 | Governance: 0 | Transparency: 50

Rating

Score: /100
Financial
0
Governance
40
Transparency
85
View Full Score Breakdown

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Latest Audit

FY2025
Fees
Audit: $13,740
10 years of audit history

Contact Details

Address
Wellington, Wellington

Registration

Registration NumberCC45736
Entity TypeTrust
Registered18 Nov 2010
StatusRegistered

Companies Office

StatusRegistered
Entity TypeCharitable Trust
Incorporated13 Oct 2010
Registered office
11 Parkvale Road, Karori, Wellington

Sector & Activities

Primary Sector
Health
Activities
Provides 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: 30 September 2026.