Sacred Heart of Jesus ChurchFiscal Report 2014-2015

Organ• Cost of Organ: $ 91525.• Cost of Installation: $ 17475. • Total amount taken from Savings: $109,000

This amount needs to be returned to savings

• Amount repaid to date:Fiscal year 2013 $7493.00Fiscal year 2014 $4776.00Total for 13/14 $12269.00

Balance Owed: $96,731

2014-2015 Deficit • Why were these expenses needed

– Heating Unit was at the end of it lifespan in Parish Center Hall $ 35,000.– Carpet in church had loosened and become a safety issue and the carpet on Altar and Sacristy

was badly stained. $ 5,200.– Stairwell in Rectory was a safety issue due to its steep grade and narrowness and needed to be

replaced. $ 8,100.– Infestation of termites in Sacristy and Rectory $ 3,700.

– The outdated nature of the technology at the Parish Center caused disruption with phone and

internet services. No internet service available on 2nd floor of Parish Center, need for Faith Formation Program $ 6,100.

– The 1st floor classrooms had leaking around heating units that saturated carpeting and lead to mold growth. For health and safety reasons had to be removed. $ 2,800.

– Excessive Snow Removal over budget amount $ 12,500.– PC Kitchen brought up to code and Install Eco Systems $ 3,400.– Misc Repairs , kitchen equipment, PC room heaters, Included in amount below

– Fire extinguishers maint. Etc… $ 2,349

– Total: $79149.00

2014-2015 Deficit • New Envelope System

– Parishioners will receive a box of envelopes in January that contains a years worth of envelopes. Saving $1500per year

• On-line Giving www.parishpay.com, easy, much less paperwork, you can track and pull reports for taxes and personal needs at your fingertips. Reduce overhead for parish

• Cut 2015-2016 Budget Cost– Weekly amount needed dropped from $5000 to $4200.

• What we have in savings before organ ? $357,017.

Balance in Savings after deficit for 2014 is cleared $201602.****This balance reflects – Payment for the organ in FullAnd clearing the deficits for Fiscal year 2013 and 2014

Fundraising• $ 931.05 Scrip • $12,181.0 Seafood Dinners

• $ 362.00 Candle Sales

• $ 762.00 Memorial Day Raffle

• $ 240.00 Sub Sale

• $ 188.00 Super bowl Food Sale

• $ 3816.00 Bazaar • $18480.05 Total Funds Raised

Special Events• Thank you Dinners• 40 Hours• Healing Retreat• First Communion• Confirmation• Youth Group Night at Hickory Falls

Community EventsVacation Bible School 70 attended.Movie NightsArt Camp Week 25 students attended.Woman’s Teas 35 woman participated.Cocktails & Coloring 25 woman participated

Income/Expenses• Collections- weekly, holy days 201,711.• Fundraisers total: 18,480.• Extraordinary Income 24,080.

Total Income: 244,271.

Expenses: 323,420.Difference 79149.Trf. From Savings 79149.Ending balance 0

Expenses Include:Salary & BenefitsHospital ChaplaincyElementary & HS AssessmentsTaxesUtilitiesLiturgical SuppliesOffice SuppliesRepairs and Maintenance to bldgsParish ProgramsDonationsTechnology

The Future of Sacred Heart Church

• New Programs– Woman’s Altar Serving Group– Hospitality Committee– Fundraising Committee– Return of the 200 Club

The Future of Sacred Heart Church• Needs of the Church

– Electronic Message Center($15,000) 00• Ability to generate revenue through paid Advertising and increase

awareness and participation in the community of events and fundraisers.(40,00 cars per day drive past our sign we lose a lot of opportunity with no lighting )

– Smart TV for Parish Center ($500 per classroom)• Allows us to generate revenue by renting classroom for meetings

and for computer classes.• Improves the Faith Formation program by broadening what tools

Catechist can use to reach students.

– Lighting at Parish Center switch to LED ($35,000)• Cut electrical cost and cost of replacing bulbs.

– Repair Concrete steps in front of Church of Main Street.

Where are you Being Called to Serve

* Extraordinary Minister * Lector * Usher * Counter **Altar Server * Fundraising Committee * Youth Group*

*Hospitality Committee * Faith Formation Teacher ** 200 Hundred Club * Lenten Dinner Volunteers