Governance

The Shepherd Centre Board is responsible to the members for the overall governance and performance of the company. The board provides strategic direction for the company as well as monitor financial and management performance and the performance of the CEO.

 

The Shepherd Centre uses the guidelines as set out in the Corporate Governance Principles and Recommendations established by the Australian Stock Exchange (ASX) Corporate Governance Council as a basis for its governance arrangements.  The Shepherd Centre is not a listed company and has no obligation to adopt these principles but is committed to good corporate governance and transparency.  

Some of the principles have limited applicability to The Shepherd Centre. The Shepherd Centre is a company limited by guarantee and therefore does not have tradeable securities or shares.  Directors act voluntarily and receive no director’s fees or remuneration for their services. They may be reimbursed for expenses incurred while carrying out their duties for The Shepherd Centre.

The Board has put in place a delegation of authority policy that identifies what matters must be brought to the attention of the board, and then clarifies the levels of responsibility within the organisation for such matters.

 

There are several sub-committees reporting to the Board:

- Finance & Audit Committee: provides oversight of the ongoing financial position and performance of The Shepherd Centre compared to budget and forecast, risk management, the annual financial report, and compliance with laws, contracts and policies. The committee meets every two months and has three Board members.
- Marketing Committee
- Education Service Development & Research Committee

The Shepherd Centre is a registered company and a registered charity:

Australian Business Number ABN: 61 000 699 927