Money Matters 12/1/2025
Money Matters – October Results
The actual results for July through October show an operating loss. Pledge income is $5,600 below expected, which is an improvement from last month but still below expected. Thank you to everyone for your continued financial support! Rental income continues to be slower as we are limited by the construction work. Expenses are higher primarily as we have sabbatical minister expense and as I have aligned the timing of recording payroll costs to the proper periods.
Fall Fest raised $47,000 before expenses, of which $20,100 was received through October. This is $2,000 more than last year. Thanks to everyone participating! If you still owe on the paddle raise, you can either pay through Breeze by selecting Fundraising-Paddle Raise or you can write a check to the church with Paddle Raise written on the memo line.
Actual July to October
Total Revenue $ 158,524
Total Expenses $ 160,250
Net Operating Loss $(1,726) (excludes special $70,000 donation used to pay off mortgage)
Capital Campaign Update
We currently have approximately $90,200 remaining in scheduled work to be done, an updated amount from last month’s report. Remaining work includes approximately $55,300 from our general contractor, Mirek, $9,800 for windows in the Loft, $5,950 for painting, $1,000 for electrical work, $5,000 for flooring, $6,000 to $12,000 for garden restoration, and $5,400 to the architect. In addition, we expect some additional costs for a hardscraping base for trash carts and further work on the windows in the Loft.
Capital cash in our Devon Bank capital account at the end of October totaled $92,455, plus there are some additional amounts for the capital campaign in our Fleishman account. We are funding any gap with outstanding pledges, a credit line from the bank and funds from the Horcher bequest.
Thanks to all for your continuing donations to the capital campaign!
Respectfully submitted,
