YAMATJI MARLPA ABORIGINAL CORPORATION ANNUAL REPORT 2020
Corporate and Operational Performance YMAC is governed by a series of frameworks to ensure the organisation is effectively delivering outcomes for members and clients. YMAC’s financial management system involves regular reporting that meets all applicable statutory requirements, including the NTA, CATSI Act, all tax and relevant State and Federal acts of parliament. The organisation also adheres to Australian Accounting Standards. YMAC acknowledges ongoing grant support from the Federal Government, and the receipt of additional targeted funding in this period for priority areas.
Financial Performance YMAC’s total income in the 2019/20 financial year declined to around $22 million. COVID-19 saw a reduction in fee-for-service activities, along with low investment in exploration activity across the Pilbara and Yamatji regions. Nevertheless, on account of strong cost controls and receiving JobKeeper support, a surplus has been recorded.
Hutt River
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Corporate Performance STAFFING AND SALARIES This financial year, YMAC undertook a restructure. Our new Projects Department means that our Lands Services, PBC Executive Office, Land and Sea Management (LSM) and Heritage units now report to the Director of Projects. As well, our new People and Culture Unit delivers human resources functions, with a focus on improving workplace culture and staff wellbeing. As at 30 June 2020, YMAC employed 124 people. Staff turnover for 2019/20 was 20 percent (the average turnover for not-for-profits is between 26 and 30 percent). YMAC’s salary structure is updated on 30 September each year, with an increase commensurate with the Consumer Price Index (CPI).
2019/20 STAFFING Full-time 66 Part-time 19 Casual 39 Aboriginal 49 Non-Aboriginal 75
