This year has seen significant changes in the sector which has led to uncertainty for providers and increasing business costs. We have met these challenges by implementing strategies resulting in streamlining operations allowing reduced costs, whilst still focusing on employees salaries to ensure we continue to deliver high quality, customer centered services.
These measures, with the continued support for our staff, have contributed to the organistaion achieving a surplus after 5 years of deficits. This allows further upgrading of our internal systems, which will enable us to navigate into the new Support at Home program and continue to provide our customers with interactive and mobile solutions.
During the financial year, Community Vision continued to receive funds through our key Government funders, including NDIS and the Commonwealth Department of Health. Government funding contributed $9 million, or 62%, of our revenue to programs delivered this year for our customers. This, combined with our non-grant revenue, totaled $14.5 million, which is lower than last year.
Our major items of expenditure remains salaries and wages for our staff, which accounted for costs of $9.87 million, compared to the previous year of $11.77million. This accounts for 69% of total costs.
Our focus remains on maintaining high-quality service delivery, but we continue to face challenges in maintaining this within the impending changes to the funding delivery models. This has facilitated the need for continuing investment in our financial and CRM systems.
For the upcoming 2025/26 year we will continue to deliver high-quality services to our customer and focus on bringing increased technology into the community care setting.
