Chairman’s Report
Andrew Weil Chairman
A stand-out achievement for me this year was receiving the “Casino Award for Recognition of Reconciliation in a Community Organisation” nominated and voted by the Casino community for our organisation’s Reconciliation Action Plan initiatives. Momentum Collective has experienced many significant changes over the course of 2021-22, and the ongoing commitment of staff, volunteers, donors and leadership team remains strong. To my fellow directors, thank you for your continued support and dedication to the good governance of Momentum Collective so we can continue to improve our clients’ quality of life. The board would like to thank our staff for their ongoing contribution and enthusiasm.
Reflecting on the past year, I am heartened by the resilience demonstrated by our clients, staff and communities. Together we overcame the disruptions of the pandemic and weathered the severe weather events and catastrophic floods. I applaud all the efforts in responding to the immediate crisis, supporting each other to relocate where possible and rallying again for the cleanup. We certainly lived our value of working well together. At the end of FY22, Momentum Collective is in a strong and healthy financial position with $50M in revenue and a modest, yet sustainable surplus. This surplus is essential for investing in strategic initiatives and provisions for future growth. The FY22 $50M revenue result is important to note as it evidences increased services for our clients and employment opportunities in our regional areas. There were two main contributors for this result. The first was significant growth in our Disability Services, which grew 13% to $30M and now accounts for 60% of our revenue. The second factor was receiving much-needed and welcomed government assistance. The federal government assisted with the NDIS financial support measures and the COVID-19 funding package to support our frontline services working with people experiencing domestic and family violence. Momentum Collective has come a long way, especially in the last five years, almost doubling its turnover and number of employees. It has adapted and evolved to become a major player in the regional community service sector. As Chair, I am particularly proud of how the organisation has unified over this time and continues to evolve and adapt to the external and internal environment.
4 | Momentum Collective
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