Financial Transparency
Twic East Community Association of Australia Inc. operates as a non-profit organization with full financial transparency. We publish summaries twice yearly alongside audited statements, maintain reserves for safety nets, and prioritize community programs in every reporting cycle.
Directly to community initiatives
Administration and governance
Future relief and contingencies
As per our Constitution (Article 21.2), the Audit Committee comprises financially literate members who examine and audit all books and accounts annually. The committee has the power to call for all books, papers, accounts, and receipts of the association to ensure complete transparency and accountability.
Non-profit Operation: The association must apply all property and income towards the promotion of its objects or purposes. No part of that property or income is paid or otherwise distributed to members except in good faith in the promotion of those objects or purposes.
As defined in Article 5 & 71 of the TECAA Constitution
