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Annual Report 2016 - Mount Carmel Ministries · PDF fileAnnual Report 2016. 2017 Dan Bryngelson, Rosemount, MN Nate Bjorge, Little Falls, MN ... John & Debby Bergson, Haugen, WI John

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Text of Annual Report 2016 - Mount Carmel Ministries · PDF fileAnnual Report 2016. 2017 Dan...

Mount Carmel Ministries Annual Report 2016

2017Dan Bryngelson, Rosemount, MN

Nate Bjorge, Little Falls, MNJay Gorham, St. Paul, MN

Darcey Larson, Fertile, MNEmily Malm, Mabel, MN

MEMBERS OF THE CORPORATION(PROCLAIMERS)

BOARD OF TRUSTEES

2018Mark Deterding, Alexandria, MN

Rene Moen, Delano, MNSally Smith, Alexandria, MN

2019Miriam Kindem, Bemidji, MN Bryn Knatterud, St. Paul, MN Bill Odermann, Austin, MN Stu Wood, Alexandria, MN

EXECUTIVE DIRECTORPastor Dan Baker

MARKETING & DEVELOPMENT PROGRAM OPERATIONS

Pastor Jana SwensonDirector of Development

Melissa MooreMarketing Director

Phyllis Jacobson Planned Giving Coordinator

Pastor Jonathan SwensonProgram Director

Deb EigenRetreat Coordinator

Susan VitalisIntercessors Coordinator

Jill ManloveOperations Director

Verney KlemmBuilding & Grounds Manager

Heidi KnaufHousekeeping Manager

Shelli CroweSummer Registrar

Jackie GerkenAdministrative Assistant

A special messageDear Proclaimers,

Always giving thanks to God the Father for everything, in the name of our Lord Jesus Christ. Ephesians 5:20

The Board of Trustees and staff are extremely grateful for your continued support which has led to another positive year of momentum. Mount Carmel is a place of rest, renewal and recreation for people to experience Jesus. The focus on this mission has continued to build enthusiasm across all aspects of the organization.

Accomplishments in 2016 that you as Proclaimers can be proud of include: Balancing the budget Refinancing chapel mortgage reducing interest rate by .5% Exceeding SHINE campaign goal by $128,317 Paying down the mortgage to $999,892 (down from $1.4 million in 2012) Receiving estate gifts totaling over $230,000 which were used for mission partners,

maintenance needs, debt reduction, savings, endowment and annual funds Completing walk-in freezer and youth chapel renovation with the help of volunteers

and donations Continuing local business sponsorships

Your support as Proclaimers fuels the engine. The staff, under Dan Bakers leadership continues to mature. They are providing Christ-centered leadership, creative programming, first-class hospitality, and a spirit-filled environment where people can truly experience Jesus! The volunteers and summer staff are immensely important to this progress. Our thanks to each person who has given their time and energy.

All this being said, we can never get too comfortable. There are too many people in desperate need of the rest and spiritual renewal Mount Carmel is known for. Much of the year we are not running at capacity which means there is room in the inn for new people to experience Jesus in real and powerful ways. To this end, in 2017 we are working with a consulting firm to clarify our vision for the future and develop a business plan.

This coming year will be my (Mark) last year as your board chair. It has been the boards goal all along to eliminate the mortgage. I would like to see that happen before my term ends! Lets work together in prayer and commitment to put this debt behind us, so that we can truly look forward to building a bright future for Mount Carmel Ministries. There is no doubt your investment is having an eternal impact.

Blessings,

Mark Deterding Pastor Dan BakerMount Carmel Board Chair Executive Director

Our financial health

MORTGAGE BALANCE 2011-2016

STATEMENTS OF FINANCIAL POSITIONASSETS 2016 2015Current Assets Cash and Cash Equivalents $ 326,480 $ 144,291 Current Pledges Receivable, Net 73,320 79,005 Other Current Assets 37,357 49,345 Total Current Assets 437,157 272,641Property and Equipment 5,382,479 5,507,279Other Assets 30,657 106,325Total Assets $ 5,850,293 $ 5,886,245

LIABILITIES AND NET ASSETSCurrent Liabilities 169,043 1,305,211Long-Term Liabilities 950,748 -Total Liabilities 1,119,791 1,305,211

Net Assets Unrestricted Board Designated 97,707 - Non-Designated 4,506,510 4,354,259 Total Unrestricted Net Assets 4,607,217 4,354,259 Temporarily Restricted 126,285 226,775Total Net Assets 4,730,502 4,581,034

Total Liabilities and Net Assets $ 5,850,293 $ 5,886,245

STATEMENTS OF ACTIVITIESREVENUE 2016 2015Sales $ 109,573 $ 111,711Cost of Goods Sold (64,228) (64,143)Gross Profit 45,345 47,568Support & Other Revenues Contributions 833,831 917,832 Housing and Meals 457,354 424,424 Grants 13,831 3,022 Other Revenues 31,557 26,598 Total Support & Other Revenues 1,336,573 1,371,876Total Revenues 1,381,918 1,419,444

EXPENSES

Program Support 890,223 942,464Fundraising 41,949 88,807Uncollected Pledges - 18,400General and Administrative 300,278 329,624Total Expenses 1,232,450 1,379,295

Change in Net Assets 149,468 40,149

Net Assets - Beginning of Year 4,581,034 4,540,885Net Assets - End of Year $ 4,730,502 $ 4,581,034

Our financial position is audited annually by the accounting firm, CliftonLarsonAllen LLP.

Proclaimers

$10,000 Level:Aagard Group LLC

$5,000 Level:B & L Utility Company

Proclaimers are owners of the corporation, Mount Carmel Ministries, Inc. This includes all individuals, families, churches and businesses who believe in the mission of Mount Carmel Ministries and who have contributed at least $250 in the past year.

CHURCHES: Nine churches were Proclaimers with nearly $27k in contributions:Bethany Lutheran Church, Kohler, WI

Decorah Lutheran Church, Decorah, IAFirst Lutheran Church, Albert Lea, MN

First Lutheran Church Foundation, Fargo, NDFirst Lutheran Church of Fargo, Fargo, ND

First Lutheran Church Woman, Albert Lea, MN

Living Word Lutheran Church, Alexandria, MNLord of Life Lutheran Church, Osseo, MN

St. Paul Lutheran Church, Sheboygan Falls, WI

ORGANIZATIONS: Twenty-four businesses were Proclaimers with nearly $30k in support:ACR Homes, Inc., Saint Paul, MN

Alex Rubbish & Recycling, Inc., Alexandria, MNAlexandria Industries, Alexandria, MNAmerican Door Works, Alexandria, MNBell State Bank and Trust, Fargo, ND

Bremer Bank, Alexandria, MNBug-a-Boo Bay, Alexandria, MN

Clifton Larson Allen, Alexandria, MN

Douglas Machine Inc., Alexandria, MNEldens Fresh Foods, Alexandria, MN

Friends Sundet Foundation, Eden Prairie, MNGlenwood State Bank, Alexandria, MN

Iverson Insurance Agency, Miltona, MNJ.A. Wedum Foundation, Minneapolis, MN

Juettner Motors, Alexandria, MNKairos and Associates, Saint Paul, MN

Paul Oman Fine Art, LLC, Deer Park, WIPicket Fence Gals LLC, Lindstrom, MN

Prairie School of Dance, Eden Prairie, MN Pro-Tainer, Alexandria, MN

Ringdahl Architects, Alexandria, MNSJSQUARED Inc., Rosemount, MNSteinbring Motorcoach, Garfield, MN

Swedberg Wood Products, Alexandria, MN

HOUSEHOLDS: There were 350 individuals/families who together contributioned nearly $570k: A

Mary Aalgaard, Baxter, MNGeorge A. & Jane Aalgaard, Halstad, MN

Beverly Aalgaard, Milford, IAPerry & Ann Aalgaard, Spirit Lake, IA

Howard P. & Alice S. Akenson, Alexandria, MNMartha E. Andeen, Milwaukee, WI

Jeffrey R. & Terra Anderson, Alexandria, MNKeith A. & Eileen V. Anderson, Alexandria, MNRoss J. & Carol Lee Anderson, Alexandria, MN

Vernon & Judith Anderson, Alexandria, MNDaniel M. & Beverly E. Anderson, Balaton, MN

Lila Anderson, Balaton, MNNorman P. & Janice Anderson, Cumberland, WILyle N. & Ruth L. Anderson, Minneapolis, MN

Carl Anderson, Mount Prospect, ILPhil & Joyce Anderson, Ruthton, MNCharles D. Angus, Fergus Falls, MN

Don & Janet Arndt, Elk River, MNEnnis Arntson & Pat Hedlund, Alexandria, MN

Bell Aschbrenner, Alexandria, MNArdis M. Asp, Shakopee, MNStephen Aus, Richfield, MN

B Roger & Rita Baer, Lewiston, MN

Tim & Patricia Baglien, Carrollton, MODan & Karina Baker, Alexandria, MNChuck G. & Barb L. Baker, Frost, MN

Richard & Judy Baysinger, Benson, MNJeff D. & Jill L. Becklund, Minneapolis, MN

$5,000 Level:Triune Leadership Services Sole MBR LLC

LEGACY GIFTS: Mount Carmel received eight gifts totaling over $230k:

Estate Gifts:Clara Acker & E. Jean Wang, Wester, SD

Ruth E Beck, St. James, MNLyla B. Brown, Minneapolis, MN

Estate Gifts:Evelyn H. Larson, Bettendorf, IAVerlaine Skog, Cannon Falls, MN

Mabel Van Olst, Donnelly, MN

Charitable Gift Annuity:Lois Bernhardson, Minneapolis, MN

Trust:Irene Myhro, Golden Valley, MN

BUSINESS SPONSORSHIPS: These organizations are founded on Christian principles and value the ministry of Mount Carmel. We are grateful to the following businesses for their support:

Larry & Marleen Beckman, Dennison, MNMatthew Beckman, Dennison, MNRay M. & Jan I. Beilke, Carlos, MNTekla K. Bekkedal, Bismarck, ND

Dwain Bell & Marian Niederloh-Bell, New Hope, MNLyle A. & Nikki Belleque, Devils Lake, ND

Lois C. Bellows, Brookings, SDJohn Bengtson, Savage, MN

Ben & Jo Benson, Shoreview, MNJohn L. & Joanne M. Benson, Shoreview, MN

Paul S. & Mary Ellen Berge, White Bear Lake, MNDaryl & Connie M. Berghuis, Alexandria, MN

John & Debby Bergson, Haugen, WIJohn & Ornetta Bergstrom, Sun City West, AZ

Carl & Pamela Billings, Brooklyn Park, MNJohn & Aileen Bipes, Mankato, MNDavid & Barb Bipes, Richfield, MN

Ken E. Birst, Bismarck, NDTim & Amy Bjorge, Amery, WI

Barak & K.A. Bjorge, Eagan, MNNate & Kate Bjorge