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
Email
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

YearRevenueExpensesNet 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)

NameRoleAppointed
Garry HowardTrustee2025-10-27
Shari FergusonTrustee2025-10-27
Lisa TumahaiTrustee2024-02-01
Helen RasmussenTrustee2023-08-01
Rebecca PearsonTrustee2022-10-14
Sam MacDonaldTrustee2022-07-01
Graham McKenzieTrustee2021-07-06
Brent FordTrustee2021-01-19
Heath MilneChief Executive2020-01-20

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

NameRoleCompensationYear
Heath MilneChief Executive$270,0002021
Stuart BrownChief Financial Officer-2021
Brent OldhamTrustee-2021
Renee RooneyChair-2021
Chris ReaTrustee-2021
Belinda LunnExecutive Manager-2021
Francois TumahaiTangata Whenua Trustee-2021
Barry WilsonTangata Whenua Trustee-2021
Jo BirnieEconomic Development Manager-2021
Jenn BestwickChair, Advisory Body-2021
Brent FordIndependent Trustee, Chair Finance & Audit Committee-2021
Graham McKenzieIndependent Trustee-2021
Patrick MulliganIndependent Trustee-2021
Aaron ReesMarketing & Communications Officer-2021
David SteeleAdvisory Body Member-2021
Chris MilneAdvisory Body Member-2021
Julie ChristieDeputy Chair-2021
Shaun DrylieAdvisory 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

Development West Coast logo
EnvironmentTrust

Development West Coast

CC27257Greymouth, GreymouthRegistered 30 Jun 2008
Data updated: 4 days ago
Financials6mo agoRating2d ago

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

NR
Not rated — Charity type not yet classified — grade withheld

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.

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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 register
    No 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.

Revenue

$14.8M

Expenses

$18.5M

Assets

$157.7M

Staff

21

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

About

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.

Who We Serve

Beneficiaries
General publicOther - All

Key Statistics

Annual Revenue
$14.8M
Total Expenses
$18.5M
Net Assets
$146.5M
Staff
21
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
0.1mo
Could operate 0.1 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

9
Score /100
Highly Concentrated
HHI: 9,135
High Concentration: 96% of revenue from Investment Income
Investment Income95.5%
Government Grants3.8%
Other0.6%

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

Rating Score
0
#6/7
Revenue
$14.8M
#3/7
Reserve Months
0.0
#1/7
Surplus
$-3.7M
#6/7
Staff Cost %
12%
#7/7

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

Rating History

NR
2026
Score: N/A
Financial: 0 | Governance: 30 | Transparency: 85
Current
NR
2025
Score: N/A
Financial: 0 | Governance: 30 | Transparency: 85

Rating

Score: /100
Financial
0
Governance
30
Transparency
85
View Full Score Breakdown

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Contact Details

Address
Greymouth, Greymouth

Registration

Registration NumberCC27257
Entity TypeTrust
Registered30 Jun 2008
StatusRegistered

Companies Office

StatusRegistered
Entity TypeCharitable Trust
Incorporated21 Feb 2002
Registered office
54 Tainui Street Greymouth 7805, Greymouth

Sector & Activities

Primary Sector
Environment
Activities
Acts as an umbrella / resource bodyMakes grants / loans to individualsMakes grants to organisations (including schools or other charities)Provides advice / information / advocacyProvides human resources (e.g. staff / volunteers)Provides other finance (e.g. investment funds)Sponsors / undertakes research

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.