From the Pastor's Desk

Weekly thoughts and announcements from our Pastor, Fr. Tom Lewandowski.

Yearly Finanical Report

Each year, every Pastor along with his Finance Council are according to Diocesan Statutes to present to the parishioners a yearly financial report.  Using Diocesan formulas, you will find the summary below.  A copy will be sent to the Bishop, the General Secretary and the Vicar of Vicariate #2.   Thanks to everyone who supports the parish financially, so we can keep our building open and alive.  The 2 for 1 challenge has made a huge difference.

Operating Income:

Collections at Offertory -  $275,514.92
Donations & Bequests - $36,154.00
General Fundraising - $32,426.55
Investment Income - $15,927.32
Other Operating Income - $3,706.75
TOTAL OPERATING INCOME - $363,729.54

Operating Expenses:

Liturgical Expense $  37,882.25
Adminstration Expense - $131,882.16
Operation & Maintenance Expense - $94,071.74
Rectory Expense - $26,983.05
Property & Liability Insurances - $64,522.30
Religious Education Programs - $764.47
Adult Education Programs - ($3,391.68)
Community Programs & Donations - $75.00
Social Activities - $1,002.74
School Subsidy Expense - $35,862.00
TOTAL OPERATING EXPENSES - $389,654.03

NET OPERATING SURPLUS (DEFICIT) - $(25,924.49)
TOTAL NON-OPERATING RECEIPTS (DISBURSEMENTS) - $25,479.09
CASH SURPLUS (DEFICIT) - ($445.40)

Beginning Cash Balance - $1,084.16
Ending Cash Balance - $638.76

NB:  Please make note of line 2 in the “Operating Income” column.  The donations/bequests helped make this a very favorable report.  $20,000.00 was a bequest in a will to the parish.  If we didn’t receive this donation, we would have a deficit. Maybe this is something everyone can consider as a way to help your parish stay fiscally viable.