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Governance

Governance

 

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Inner East Social Housing Group Limited  is a not for profit Company Limited by guarantee, a charity, public benevolent institution and a registered housing provider.

 

The management of the organisation reports regularly (at least 10 times per year) to a Board of volunteer Directors. In turn, the Board reports to the members of the Company at the annual general meeting (AGM).

 

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Regulators

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  • The Victorian Housing Registrar (Department of Treasury and Finance) regulates IESHG Ltd as a Registered Housing Provider.

  • Australian Securities & Investments Commission (ASIC) regulates IESHG Ltd as a Company Limited by Guarantee.

  • Australian Charities and Not for profit Commission (ACNC) regulates IESHG Ltd as a Charity and as a Public Benevolent Institution (PBI).

  • The Australian Tax Office regulates our Deductable Gift Recipient (DGR) status.

  • Consumer Affairs Victoria (CAV) regulates IESHG Ltd as a landlord through the Residential Tenancies Act.

Purpose

 

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The principles purpose of the company is to provide safe and affordable shelter for people experiencing disadvantage by way of low-income, infirmity or age

 

Solely in furtherance of the Principle Purpose, the activities the company will undertake may include, but are not limited to:

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  1. Providing affordable rental housing to persons experiencing disadvantage:

  2. Ensuring that the affordable rental housing is adequate and safe for persons experiencing disadvantage;

  3. Seeking to ensure that any housing provided by the Company as a group will promote a true sense of community;

  4. Advocating for the retention of, and increase in affordable housing for persons experiencing disadvantage; and

  5. All other things incidental or conducive to furthering the Principle Purpose

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The Principle Purpose is charitable.

  1. The Principle Purpose is charitable.

  2. The Company is a Public Benevolent Institution as described at item 14 in the table subsection 25-5(5) of the ACNC Act.

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