Fronditha Care held its Annual General Meeting on Thursday, November 27, with over 50 people in attendance, to reflect on a year of growth, resilience and continuous transformation.
President and Board Chair Kostas Livadaras opened the meeting by reaffirming the organisation’s strong performance. He noted that as aged care in Australia undergoes one of its most profound transformations in decades, Fronditha Care has not stepped back but stepped forward.
The organisation has expanded its services, strengthened recognition of Fronditha Care as a leader across the sector and achieved its most robust financial performance to date.
“Our revenue reached $120 million, while more than 1,000 staff now support over 2,000 elders each week and key operational indicators continue to set new benchmarks,” he said.
“We have achieved milestones unprecedented in our 48-year journey, even as our sector navigates its way through one of the most demanding and difficult periods of reform in decades with the introduction of the new Aged Care Act.”
The President and Treasurer, Alex Dimou, reported another year of strong financial results, highlighting a 12% increase in revenue, a $1.077 million net profit, and an EBITDA of $10.7 million, demonstrating prudent financial stewardship, organisational viability and sustainability.
The President also reflected on the past year talking about Fronditha Care’s expanding national and international profile.
He advised the meeting that Fronditha Care was privileged to welcome Australia’s Foreign Minister Senator Penny Wong to its Thornbury facility, hosted a 26-member Indonesian Government delegation and strengthened partnerships across Greece, England and Wales through meetings with senior politicians and sector leaders.
“These engagements continue to position Fronditha Care as an influential voice in shaping aged care policy, research and system design and set grounds for future partnerships,” he said.
Mr Livadaras highlighted the exceptional contribution of staff, sharing that Faye Spiteri OAM, CEO, Fronditha Care, received “Ageing Australia’s Leader of the Year Award”.
He also recognised with a note of thanks Fronditha Care’s staff and volunteers, noting their role as “the true architects of change” and the heart of the organisation’s mission. Their dedication, he said, transforms care into belonging and ensures that elders experience dignity, connection and culturally affirming support.
On behalf of the Fronditha Care Foundation Chair, Dr Stella Laletas, Mr Livadaras reported that the Foundation continued to accelerate innovation, research and partnerships. The Foundation strengthened partnerships with ARIIA, Dementia Australia, Ageing Australia and government partners, ensuring that Fronditha Care’s expertise informs national aged care conversations and advances culturally specific care across Australia.
Fronditha Care also paid tribute to long-standing volunteer Anthoula Paraskeva, who has raised thousands of dollars for Fronditha Care since 2008 and continues to embody the spirit of community generosity and philanthropy.
In closing the meeting, Mr Livadaras reflected on the collective achievements of the organisation: “We are building a future-ready Fronditha Care- powered by data, research, lived experience and our values. I am immensely proud of what we have achieved together. Thank you to our staff, volunteers, members, the Greek community and especially our elders for your firm support and trust.”
Members congratulated the Board, CEO and Executive team for their dedication and commitment to ensuring Fronditha Care thrives for many years to come.
The meeting unanimously endorsed two candidates who were nominated for election to the Board of Directors.
Fronditha Care is pleased to announce that the 2025 Fronditha Care Board members are:
- Kostas Livadaras – President and Board Chair
- Dr Stella Laletas – Vice President
- Alex Dimou – Treasurer
- Jim Babalis – Secretary
- Dr Helen Kalaboukas – Director
- Tammy Iliou – Director
