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