Treasurer's Report
ANNUAL TREASURER’S REPORT
January 1, 2004 through December 31, 2004
Checking Account Balance - January 1, 2004..........$42,293.53
|
Parish Receipts during 2004 |
|
|
Contributions for current expenses Benevolence Heating System Interest Income Miscellaneous Reimbursements Fund Transfer Designated Funds
|
$171,385.31 17,255.50 30,304.35 2,030.21 3,973.48 5,019.54 19,590.79 |
TOTAL FUNDS Received in 2004 |
$249,559.18 |
|
Parish Disbursements during 2004 |
|
|
Salaries and Benefits Utilities Property Administration Worship and Music Christian Education Congregational Care/Small Group Ministry Community Ministry Heating System Benevolence Reimbursed Expenses Fund Transfer Expense |
$105,055.45 17,238.49 33,244.59 9,946.29 1,169.76 1,494.26 2,233.36 2,200.00 30,939.58 16,913.50 3,771.49 2,019.54 |
|
TOTAL DISBURSEMENTS |
$226,226.31 |
Designated Funds during 2004 |
(Money received for specified uses, outside of current funds and benevolence.) |
|
Chad Baker's Gift Fund Covenant Choir Music CROP Walk Danford Scholarship Discretionary Fund Edith Danford Fund Flowers & Candles Food Drive Gift Fund Hurricane Relief Jubilate Ringers Luther League Lutheran Social Services Rauch Memorial Small Group Ministries Sunday School Thanksgiving Baskets Vacation Bible School WELCA Weiss Youth Fund
|
$600.00 362.83 20.00 25.00 1,317.53 4,945.33 3,103.83 170.00 1,458.50 1,017.00 151.56 49.92 12.00 1,132.00 208.59 566.46 125.00 974.50 32.50 2,275.00
|
| TOTAL Designated Funds | $18,547.07 |
Total Expenses/Disbursements.....................................................................................$244,773.38
Balance Before Transfer..................................................................................................$ 47,079.33
Transfer of Funds to Savings.........................................................................................$ 25,000.00
Checking Account Balance - December 31, 2004......................................................$ 22,079.33
THE PARISH INVESTMENTS ~ ~ (Certificates of Deposit and Savings)
[Note: most of these funds have come to us over the past 20 years through bequests in wills. Sometimes, as indicated, the person leaving the money to the church made stipulations in terms of the use of the money. According to the specifications of some of the wills, the principle money was not to be spent but rather invested, and the interest used for a specific purposes. This is indicated below in terms of some of the funds. However, it has also been the long-standing policy of the Congregation Council not to spend the principle of the bequests which have no stipulations attached, except for land purchase or major building projects. Such uses would, of course, require a congregational vote.]
December 31, 2004 |
|
|
Danford Fund Certificate Davis Fund Certificate Heartland Bank Certificate Lambert Fund Certificate Lucas Fund Certificate Weiss Fund Certificate
Heartland Bank Savings Heartland Bank Certificate Mission Investment Fund of the ELCA
|
$11,479.90(1) 134,452.00 (2) 21,065.00 20,000.82 2,446.74 (3) 68,298.34 (4)
23,709.90(3) 12,500.00 18,364.28
|
|
TOTAL |
$312,316.98 |
Sally Finck - Parish Treasurer