Development West Coast — Environment Charity in Greymouth
Development West Coast is a Trust charity in the Environment sector, based in Greymouth, Greymouth. Annual revenue: $14.8M NZD. Financial data as at March 2026.
Mission: Development West Coast is a trust for charitable purposes for the benefit of the community of the present and future inhabitants of the West Coast Region and directs that the Trust Fund may be applied and used exclusively by the Trustees for the following general purposes within New Zealand, namely: (a) to promote sustainable employment opportunities in the West Coast Region; or (b) to generate sustainable economic benefits for the West Coast Region; or (c) to support projects which are not the ordinary day-to-day running, maintenance and upgrade of the infrastructure that is normally the responsibility of the local authorities or central government, provided such projects meet paragraphs (a) or (b); provided that any private benefit conferred to any person (other than a charity) is incidental to these overriding objects.
- Registration Number
- CC27257
- Charity Type
- Trust
- Registration Date
- 2008-06-30
- Status
- Active
- Sector
- Environment
- Location
- Greymouth, Greymouth
- Website
- http://www.dwc.org.nz
- info@dwc.org.nz
- Data as at
- March 2026
Beneficiaries: General public, Other - All
Financial Summary
- Total Revenue
- $14.8M NZD
- Total Expenses
- $18.5M NZD
- Total Assets
- $157.7M NZD
- Net Assets
- $146.5M NZD
- Reserve Months
- 0.0 months of operating expenses
- Staff Count
- 21
- Financial Year End
- 2026-03-31
Financial History
| Year | Revenue | Expenses | Net Assets |
|---|---|---|---|
| 2026 | $14.8M | $18.5M | $146.5M |
| 2025 | $7.4M | $7.5M | $149.0M |
| 2024 | $13.9M | $7.2M | $146.9M |
| 2023 | $6.2M | $11.2M | $139.6M |
| 2022 | $12.8M | $10.0M | $147.0M |
| 2021 | $25.9M | $11.3M | $148.2M |
| 2020 | $7.3M | $5.6M | $127.7M |
| 2019 | $10.4M | $5.1M | $128.4M |
| 2018 | $10.4M | $5.2M | $124.1M |
| 2017 | $10.5M | $5.2M | $117.7M |
Board Members and Officers
Current Officers (9)
| Name | Role | Appointed |
|---|---|---|
| Garry Howard | Trustee | 2025-10-27 |
| Shari Ferguson | Trustee | 2025-10-27 |
| Lisa Tumahai | Trustee | 2024-02-01 |
| Helen Rasmussen | Trustee | 2023-08-01 |
| Rebecca Pearson | Trustee | 2022-10-14 |
| Sam MacDonald | Trustee | 2022-07-01 |
| Graham McKenzie | Trustee | 2021-07-06 |
| Brent Ford | Trustee | 2021-01-19 |
| Heath Milne | Chief Executive | 2020-01-20 |
Former Officers (29)
- David Carruthers — Trustee (departed 2008-07-09)
- Brian Thomas Wilkinson — Trustee (departed 2008-07-09)
- Coraleen Patricia White — Trustee (departed 2008-07-09)
- Gillian Anne Williams — Trustee (departed 2008-07-09)
- Mohammed Shahadat — Trustee (departed 2008-07-09)
- Anthony Francis Kokshoorn — Trustee (departed 2008-07-09)
- Jan Coll — Trustee (departed 2008-07-09)
- Anthony Kokshoorn — Trustee (departed 2008-07-09)
- Daniel Reynolds — Trustee (departed 2025-10-27)
- Barry Wilson — Trustee (departed 2023-02-28)
- Christopher Rea — Trustee (departed 2022-10-14)
- Julie ChrisTIE — Trustee (departed 2022-06-30)
- Julie Claire Molloy Christie — Trustee (departed 2022-06-30)
- Brent Oldham — Trustee (departed 2022-10-14)
- Renee Rooney — Trustee (departed 2025-10-27)
- Patrick Mulligan — Trustee (departed 2021-04-01)
- Francois Tumahai — Trustee (departed 2024-01-31)
- Hugh Little — Trustee (departed 2019-10-30)
- John Sturgeon — Trustee (departed 2017-06-30)
- Colin Smith — Trustee (departed 2016-10-18)
Executive Compensation
| Name | Role | Compensation | Year |
|---|---|---|---|
| Heath Milne | Chief Executive | $270,000 | 2021 |
| Stuart Brown | Chief Financial Officer | - | 2021 |
| Brent Oldham | Trustee | - | 2021 |
| Renee Rooney | Chair | - | 2021 |
| Chris Rea | Trustee | - | 2021 |
| Belinda Lunn | Executive Manager | - | 2021 |
| Francois Tumahai | Tangata Whenua Trustee | - | 2021 |
| Barry Wilson | Tangata Whenua Trustee | - | 2021 |
| Jo Birnie | Economic Development Manager | - | 2021 |
| Jenn Bestwick | Chair, Advisory Body | - | 2021 |
| Brent Ford | Independent Trustee, Chair Finance & Audit Committee | - | 2021 |
| Graham McKenzie | Independent Trustee | - | 2021 |
| Patrick Mulligan | Independent Trustee | - | 2021 |
| Aaron Rees | Marketing & Communications Officer | - | 2021 |
| David Steele | Advisory Body Member | - | 2021 |
| Chris Milne | Advisory Body Member | - | 2021 |
| Julie Christie | Deputy Chair | - | 2021 |
| Shaun Drylie | Advisory Body Member | - | 2021 |
Major Funders and Contracts (FY2021)
As disclosed in Development West Coast's annual report.
- Government (Original Settlement) — $92,000,000 — Economic adjustment package for loss of indigenous forestry and privatisation of infrastructure
Service Providers
- Westpac New Zealand Limited
- KPMG
- Bancorp Treasury Services Ltd
- JBWere (NZ) Pty Ltd
- Duncan Cotterill
- Buddle Findlay
Similar Charities in Environment
- The Taranaki Rescue Helicopter Trust Board — Environment
- New Zealand Landcare Trust — Environment
- Royal Forest & Bird Protection Society Of New Zealand Incorporated — Environment
- The Pacific Island Business Development Trust — Environment
- Oxfam Aotearoa — Environment
Development West Coast
Financial data as at March 2026. Sourced from Charities Services register.
Our scorecard uses a different template for different kinds of charity — an operating charity is measured differently from an endowment or a grant-making trust. This charity's type has not yet been classified, so a letter grade is withheld rather than assigned using a template chosen by default. That says nothing about the charity itself. Its filed figures are shown above, and it will be graded once its type is classified.
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 registerNo chair or presiding role is recorded in the register for this board of 9. 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.
$14.8M
$18.5M
$157.7M
21
Financial data from Charities Services annual return (FY2026). Ratings calculated using CharityData v3.1.1 methodology.
About
Development West Coast is a trust for charitable purposes for the benefit of the community of the present and future inhabitants of the West Coast Region and directs that the Trust Fund may be applied and used exclusively by the Trustees for the following general purposes within New Zealand, namely: (a) to promote sustainable employment opportunities in the West Coast Region; or (b) to generate sustainable economic benefits for the West Coast Region; or (c) to support projects which are not the ordinary day-to-day running, maintenance and upgrade of the infrastructure that is normally the responsibility of the local authorities or central government, provided such projects meet paragraphs (a) or (b); provided that any private benefit conferred to any person (other than a charity) is incidental to these overriding objects.
Who We Serve
Key Statistics
Financial Trends
Financial Trends (18 Years)
Revenue Breakdown
Expense Breakdown
API DataBased on annual return data. Detailed program/admin breakdown not available.
Financial Health Dashboard
Based on latest annual return data. Metrics are calculated from reported financial data and may not reflect the full picture. View methodology
Revenue Diversification
HHI (Herfindahl–Hirschman Index) measures concentration across 6 income categories. Lower HHI = more diversified. Score above 60 indicates healthy diversification.
Peer Comparison
Ranked against 6 peers · Environment · $10M – $50M
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Rating History
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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.
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