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MiLife-Victoria Board Members .............................................................24
Genevieve Irving
General Member
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Genevieve is a qualified CPA and a partner in a local accounting practice. She has a Bachelor of Business majoring in Accounting and a Diploma of Financial Planning. Prior experience includes banking and finance.
Matthew Ziedin
General Member
Matthew joined MiLife-Victoria in 2019. Matthew has a Bachelor of Commerce - Marketing from Macquarie University and a Masters of Business Administration from Melbourne Business School. He has experience in Government, Healthcare and Infrastructure sectors.
Kelly Johnson
General Member
Kelly Johnson is the Manager of the Bentons Square Community Centre where she coordinates programs and activities for the community, supporting the local neighbourhood, encouraging participation in social, affordable and inclusive programs for all ages, disadvantaged and minority groups in the community. Kelly is currently studying her Advanced Diploma of Community Sector Management. Previously, Kelly worked as a registered BAS Agent in the financial sector. Kelly has a daughter with a disability who is registered with the NDIS and has high support needs.
Darlene Neu
General Member, (retired in October 2021)
Darlene joined MiLife-Victoria in 2011. Darlene has a Masters of Business Deakin University, majoring in ‘Strategy and Planning’ and ‘Leadership and Communication’. She has experience in the banking sector, sales management, senior operational management and quality assurance management.
Financial Report
The last 12 months have been challenging because of the impact of the Victorian Government directions to reduce the spread of COVID-19. Government-imposed lockdowns and density limits meant that some services operated at reduced capacity or were suspended completely. This had a negative impact on MiLife-Victoria’s ability to generate income in certain areas of the organisation.
The year-end operational surplus of $201,494 (2020 $511k) was a positive result considering the continuous interruption to services due to the COVID-19 pandemic. Overall, income reduced by 8.9% from the previous year with the major impact being on NDIS income. The JobKeeper subsidy continued to provide financial relief and was a significant contributor to the bottom line. Expenses were tightly monitored and this resulted in a 4% expenditure reduction compared with the previous year.
The impact of COVID-19 is ongoing and will continue to impact financial results into the future. How this will influence our results is not yet known and is dependent on the virus’ evolution and the government’s response to it. Measures such as physical distancing requirements, quarantine and any further economic stimulus all have potential impacts on the organisation and its service delivery. Mandates and directives in the Aged Care Facilities sector will also directly impact Social Enterprises operations.
The focus for 2021-2022 will be to continue to monitor and mitigate any further COVID-19 impact on the organisations’ services and its clients. We will look at further developing and streamlining the services on offer, together with the development of new services and opportunities for clients. We will review each program and business unit and implement initiatives to ensure the organisation maintains strong financial stability.
