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New Zealand Anglican Church Pension Board

New Zealand, · EIN 98-0160621 · 501(c)(3) · Supporting organization (509(a)(3))
Latest filing: Form 990 for the fiscal year ending March 31, 2025 (tax year 2024) · View the filing · Correct or respond

New Zealand Anglican Church Pension Board reported $11.0 million in revenue and $11.5 million in expenses for the fiscal year ending March 31, 2025. Of every $100 it spent, $51.60 went to program services, $48.40 to management and general costs and $0.00 to fundraising. Its largest source of revenue was investment income: 43.1% of the total. The highest compensation it reported for one person was $154,796 (Chief Investment Officer). 4 people received more than $100,000 in reportable compensation. Revenue rose 226% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending March 31, 2025 · Form 990, Part IX, line 25 · total expenses $12M

For context, the median across 41 covered mutual & membership benefit charities: $96.16 programs, $3.84 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending March 31, 2025 · Form 990, Part VIII · total revenue $11M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 41 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
51.6%95.7%
Management & general
Part IX 25(C) ÷ 25(A)
48.4%3.8%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
Not reported—
Contributions & grants share of revenue
Part VIII 1h ÷ 12
0.0%0.0%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.0%
Program service revenue share
Part VIII 2g ÷ 12
12.8%79.8%
Highest reported compensation
Part VII-A, columns D–F
$154,796$654,166
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.34%1.64%
People paid over $100,000
Part VII, line 2
40
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
93.622.6
Independent voting board members
Part VI 1a–1b
8 of 892.3%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$5.5M expenses · 92.8% of program spending · grants $4.8M · revenue $1.2M

Cash accumulation towards a pension for clergy in service - 387 members. Pensions paid to retired clergy and dependents - 617

$248K expenses · 4.2% of program spending · grants $143K · revenue $10,807

Grants to clergy and dependents for Welfare (80 beneficiaries); Health (33 beneficiaries); Education (21 beneficiaries)

$180K expenses · 3.0% of program spending · grants $153K · revenue $161K

Life and income continuance insurance cover for ordained and non-ordained church workers. There are 207 persons covered at 31 March 2025

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
Chief Investment Officer
Highest compensated employee, 30 hrs/week
$154,796$0$0$154,796
Chief Executive
Key employee, 40 hrs/week
$128,619$0$0$128,619
Investment Manager
Highest compensated employee, 37.5 hrs/week
$109,315$0$0$109,315
Chief Financial Officer
Highest compensated employee, 37.5 hrs/week
$101,006$0$0$101,006
Independent Licensed Trustee
Director/trustee, 3 hrs/week
$12,823$0$0$12,823
Chairman
Director/trustee, 2 hrs/week
$11,858$0$0$11,858
Board Member
Director/trustee, 1.5 hrs/week
$10,969$0$0$10,969
Board Member
Director/trustee, 1.5 hrs/week
$6,522$0$0$6,522

4 people received more than $100,000 in reportable compensation from New Zealand Anglican Church Pension Board (Part VII, line 2). Compensation of current officers, directors and key employees totaled $548K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$11M$12M51.6%$90M$154,796
FY2024 ⓘ$13M$12M56.2%$91M$155,179
FY2023 ⓘ$2.8M$18M36.0%$90M$148,873
FY2022 ⓘ$9.4M$8.1M86.8%$105M$161,437
FY2021 ⓘ$33M$7.4M87.7%$104M$151,663
FY2020 ⓘ$3.4M$19M34.4%$78M$146,859

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b8 · 8 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aNo
  • Board given the 990 before filing Part VI 11aNo
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 50
  • Volunteers Part I, line 66

Correct a figure or respond

Every number above is copied from New Zealand Anglican Church Pension Board's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for New Zealand Anglican Church Pension Board, you can publish a response that is linked from this page.

Questions people ask

How much of New Zealand Anglican Church Pension Board's spending goes to programs?

In the fiscal year ending March 31, 2025, New Zealand Anglican Church Pension Board reported that 51.6% of its $11.5 million in expenses went to program services, 48.4% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does New Zealand Anglican Church Pension Board pay its top executive?

The largest total compensation New Zealand Anglican Church Pension Board reported for one person in the fiscal year ending March 31, 2025 was $154,796, for the role of Chief Investment Officer (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does New Zealand Anglican Church Pension Board get its money?

Of $11.0 million in revenue in the fiscal year ending March 31, 2025, 0.0% came from contributions and grants and 12.8% from program service revenue (Form 990, Part VIII).

Is New Zealand Anglican Church Pension Board a registered charity?

The IRS lists EIN 98-0160621 as a 501(c)(3) organization (supporting organization (509(a)(3))). Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending March 31, 2025, object 202600429349301100 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending March 31, 2024, object 202530449349300008 · read the filing
  • FY2023: Form 990 for the fiscal year ending March 31, 2023, object 202400449349300505 · read the filing
  • FY2022: Form 990 for the fiscal year ending March 31, 2022, object 202340459349300929 · read the filing
  • FY2021: Form 990 for the fiscal year ending March 31, 2021, object 202200449349300415 · read the filing
  • FY2020: Form 990 for the fiscal year ending March 31, 2020, object 202130479349300308 · read the filing

All filings for EIN 98-0160621: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.