Separation of Personnel & Finance
Frontend Social Enterprise: Zero Employees, Pure Oversight × Backend Tech: 25-person Team, Full Execution. 15% technical service fee - transparent governance, fair service pricing.
🏛️ Why Separate Personnel & Finance?
Traditional social enterprises: "Playing referee while being a player" - those who use money and those who manage it are the same people, leading to conflicts of interest and trust issues.
Frontend: Social Enterprise
CoEldery Mutual Aid
Limited by Guarantee
⚙️ Positioning
Zero Employees - Pure Oversight
Structure
- • General Assembly (Supreme Authority)
- • Board of Directors (7 Volunteer Positions)
- • 6 Oversight Committees (All Volunteer)
Assets
- 💰 Fund Pool (Bank Custody)
- 🤝 Mutual Aid Fund
- 👥 Member Relationships
Annual Expenses
Backend: Tech Company
85 Smart Tech Holdings
Limited by Shares
⚙️ Positioning
Full Staff - Tech Execution
Execution Team (≈25 FT)
- • Management (3p): CEO/COO/CFO
- • Tech (8p): CTO, Engineers, Data Analysts
- • Operations (6p): PMs, CS, Community
- • Finance/Compliance (3p): Finance Mgr, Accountant, Compliance
- • Marketing (3p): Marketing Dir, BD, Content
- • HR (2p): HR Mgr, Training
Assets
- 📱 App Source Code
- ®️ CoEldery Trademark
- ⛓️ Blockchain System
- 🤖 AI Algorithms & Data
Financials
🔄 Dual-Entity Relationship
💡 15% Tech Service Agreement
✓ Not commission or profit sharing - cost-based technical service fee
✓ Covers: App dev, blockchain, AI, data analytics, customer service, operations
✓ 25-person team salaries, office rent, server costs all paid from this 15%
✓ Tech company net margin only 6% - minimal profit operation
🏢 Frontend: CoEldery Mutual Aid
Limited by Guarantee — Zero Employee Model
General Assembly
Supreme Authority
Board of Directors
7 Volunteer Positions
• Chairman x1
• Independent Directors x3
• Elder Representatives x2
• Executive Director x1
Six Oversight Committees
🏛️ Committee Details
Each committee has clear authority and independent operations
Elder Rights Oversight Committee
Supreme Oversight with Ultimate Authority
5 Members
Composition
- • Chairman: Retired High Court Judge / Former ICAC Commissioner
- • Members: Senior Barristers, Consumer Council Execs, 2 Elder Reps
Core Powers
- ✅ Veto Power: Profit distribution, major expenses (>$500k)
- ✅ Independent Investigation: Access records, investigate complaints
- ✅ Removal Proposal: Propose management removal
👤 Inviting to Join
We are inviting:
- • Chairman: Retired Judge / ICAC Commissioner
- • Members: Senior Barristers, Consumer Council
- • Elder Reps: Elected by General Assembly
Financial Audit Committee
Last Line of Financial Safety
5 Members
Composition
- • Chairman: Former Big Four Partner
- • Members: CPA, IB Execs, Retired Regulators
Core Powers
- ✅ Quarterly Review: P&L, Balance Sheet, Cash Flow
- ✅ Risk Monitoring: Fund pool, portfolio, debt ratio
- ✅ Related Party Review: All related transactions
- ✅ External Audit: Independent selection & oversight
👤 Inviting to Join
We are inviting:
- • Chairman: Former Big Four Partner
- • Members: HKMA/SFC Officials, IB CFOs
- • Tech Support: Blockchain Audit Experts
Project Approval Committee
Quality Control, Member Protection
7 Members
Composition
- • Chairman: Senior Entrepreneur / Consumer Council
- • Members: Retail/Medical/Legal Experts, 2 Elder Reps
Core Powers
- ✅ Background Check: Partner credibility & records
- ✅ Feasibility: Market demand, cost, risk
- ✅ Quality Standards: Define & supervise
- ✅ Complaints: Handle issues, suspend if needed
👤 Inviting to Join
We are inviting:
- • Chairman: Consumer Council Chair, Entrepreneur
- • Members: F&B CEOs, Healthcare Execs, Certifiers
Medical Mutual Fund Committee
Healthcare Safety Net
7 Members
Composition
- • Chairman: Senior Doctor (HA Exec / Med Assoc)
- • Members: Specialists, Nursing, Actuary, Elder Rep
Core Powers
- ✅ Subsidy Standards: Limits & criteria by condition
- ✅ Emergency Approval: Within 48 hours
- ✅ Dispute Resolution: Handle appeals
- ✅ Fund Balance: Ensure sustainability
👤 Inviting to Join
We are inviting:
- • Chairman: Former HA Chair/CEO, Med Assoc President
- • Members: Hospital Heads, Practitioners, Actuaries
Community & Member Services
Warmth & Belonging
7 Members
Composition
- • Chairman: Senior Social Worker / Community Leader
- • Members: Social Workers, Counselors, Event Planners, 3 Elders
Core Powers
- ✅ Activity Planning: Gatherings, groups, volunteering
- ✅ Mutual Aid Network: Build peer support
- ✅ CoWorkery Management: Train providers
- ✅ Member Care: Emotional & psychological support
👤 Inviting to Join
We are inviting:
- • Chairman: Former SWD Assistant Director, Center Heads
- • Members: Registered SW, Counselors, Event Planners
Strategy & ESG Committee
Long-term Planning
7 Members
Composition
- • Chairman: Business Leader / Strategy Consultant
- • Members: ESG Experts, SE Leaders, Academics, Policy
Core Powers
- ✅ Strategic Planning: 3-5 year roadmap
- ✅ ESG Reporting: Annual reports
- ✅ Impact Assessment: SROI & social impact
- ✅ Policy Advocacy: Age-friendly policies
- ✅ International Cooperation: Global partnerships
👤 Inviting to Join
We are inviting:
- • Chairman: Business Leaders, Strategy Partners
- • Members: ESG Rating Experts, SE Certifiers, Professors
📊 Transparency Dashboard
Real-time Oversight, Open Data
Frontend Financials
Backend Financials
Governance Progress
📄 Governance Documents
All documents open for public oversight
Articles of Association
Detailed governance rules
Click to download PDF
Tech Service Agreement
Dual-entity cooperation & 15% fee
Click to download PDF
Financial Reports
Annual audits & disclosures
Click to download PDF
Committee Bylaws
Six committees powers & rules
Click to download PDF
📌 All documents updated quarterly for accuracy
🤝 Build Trust Together
We are seeking distinguished leaders with credibility, expertise, and social commitment to join our six committees. If you support "separation of personnel & finance" and transparent governance, we invite your participation.