Do you wonder how your contributions are used to help our ministries? You can now read our latest annual report (2016-2017) here.
Our fiscal year runs from July 1st to June 30th. Page seven of the report summarizes both our revenues and our expenses. It is important for you to realize that almost all of our revenue comes from you, primarily in the collection but also with other gifts and donations you provide. There is also our fundraisers (rummage sale, festival, and bazaar) where the proceeds help fund our ministries.
On the expense side, the largest part is salaries and benefits. It’s not that our staff is highly paid. In fact, the salaries we pay are very modest. Our benefits focus on medical insurance and pension. These are items that our church advocates for all to have. We offer these benefits because it is the right thing to do.
Our second biggest expense is utilities. In recent years, work has been done to consolidate our utility bills and make use of negotiated utility prices. We also have building maintenance costs to keep our buildings in good shape. We formed a Building and Grounds Committee that serves to help properly maintain our property while managing the costs.
The 2016-2017 Annual Report will also help you to see our parish statistics such as attendance and the number of people receiving sacraments. We hope this annual report helps you appreciate what we do as a parish.
You can view our previous 2015-2016 Annual Report here.