The summer is quickly approaching, so I suppose activities at Cornerstone will slow down, relatively speaking. In the finance-side of things, that is not how it works. In fact, spending will probably increase in the summer and early fall as ministry areas prepare for Vacation Bible School, Community Groups, etc.
As we travel and relax during the summer months, please do not forget about the church. It turns out that our staff still likes to get paid, the bank still likes to get paid, the utility companies still like to get paid, and ministry is still happening.
If you have any questions, please send me an email at finance@cornerstonebuzz.org or see me Sunday morning.
skip to main |
skip to sidebar
This blog is intented to inform you about the financial happenings of the church. If you have questions about the church's finances, please send me an email at finance@cornerstonebuzz.org or see me Sunday morning.
Monthly Snapshot
October Financial Update
Actual October Operating
Income: $58,037.12
Actual October Operating
Expenses: $71,109.03
Budgeted Monthly Operating
Income and Expenses: $85,119.50
Actual YTD Operating
Income: $694,856.26
Actual YTD Operating
Expenses: $705,753.75
Balance on Building
Loan: $1,627,294.69
*Cornerstone UMC is a tithing church.
We take 10% of everything given each
week and designate it for missions.
Therefore, operating income/expenses
are based on the 90% we use to support
our staff and other ministries.
Actual October Operating
Income: $58,037.12
Actual October Operating
Expenses: $71,109.03
Budgeted Monthly Operating
Income and Expenses: $85,119.50
Actual YTD Operating
Income: $694,856.26
Actual YTD Operating
Expenses: $705,753.75
Balance on Building
Loan: $1,627,294.69
*Cornerstone UMC is a tithing church.
We take 10% of everything given each
week and designate it for missions.
Therefore, operating income/expenses
are based on the 90% we use to support
our staff and other ministries.