Finance Report for September 2022

October 27, 2022

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News from the Finance Committee September 2022

Adjusted Operating Budget (2022):

$815,000

Actual Receipts (September 30):

$574,442

Actual Expenditures (September 30):

$600,714

Current Operating Balance:

-$26,272

Total Charitable Giving including operating and other designated giving as of September 30: $622,000

Thank you very much for your continued support. The Operational Management Team (OMT) and Finance Committee continue to monitor operating expense closely to reduce the anticipated deficit for the year. Your faithful support over the past several years has allowed us to develop a sufficient reserve, so we will not need to borrow money to cover any deficit.

St. Andrew endowments started over five years ago are now generating investment income, for use as specified by the families. For the current year, the Schall Family TRUE Endowment contributed $263.50 to Naomi Kilembo’s medical ministry in the Congo and $263.50 towards an additional camera for the online campus. The Alvey Family TRUE Endowment recently supported UMCOR with $551 for Hurricane Relief and In Touch with $184 to purchase books for Surviving the Holidays.

For more information, the detailed Finance Report is available in the church office. Please contact Karen Field if you have questions or would like a pdf of the report sent via email or regular mail.

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SERVICE TIMES

Traditional Worship - Sundays at 8:30 a.m.
Contemporary Worship - Sundays at 10:30 a.m.

OFFICE HOURS
Monday - Thursday 9:00 a.m. - 3:00 p.m. | Friday 9:00 a.m. - noon

 

St. Andrew United Methodist Church
4703 N 50 W | West Lafayette, Indiana 47906
765-497-7755