Ascension Evangelical Lutheran Church

~2015 Annual Congregational Meeting~

January 25, 201511:00 am

(Childcare for children of all ages.)

~2015 Annual Congregational Meeting~

CALL TO ORDER

Gretchen Rockafellow,Congregational Council

President

~2015 Annual Congregational Meeting~

Opening Devotion

Pastor Terri Driver-Bishop,Interim Pastor

~ 2015 Annual Congregational Meeting~

Approval of 2014 Annual Congregational Meeting

Minutes

2015 Annual Congregational Meeting

Introduction of Council Nominees

Rob DeMuth, Nominating Committee Chair

~2015 Annual Congregational Meeting~

Election of 2015 Congregational

Council MembersPlease vote for 4 nominees .

~2015 Annual Congregational Meeting~

President’s Report

PASTORS’ REPORT

~2015 Annual Congregational Meeting~

~2015 Annual Congregational Meeting~

Staff Reports

~2015 Annual Congregational Meeting~

Annual Reports of Committees

2015 Annual Congregational Meeting

2014 Financial Recapand

2015 Budget

Jane Anthon – TreasurerRoger Fiery – Chair, Finance Committee

2015 Annual Congregational Meeting

2014 Recap

~2015 Annual Congregational Meeting~

2014 Recap

Results vs. Budget

Highlights Total income was as expected, aided by non-recurring income of

$5,000

Excess property expense of $15,000 was offset by less than anticipated personnel costs ($8,000) and savings in all other expenses

Actual

Budget Variance

Total income (offerings & all other)

$664,000 $663,000 $ 1,000

Total expenses 663,000 661,000 (2,000)

Surplus $ 1,000 $ 2,000 $(1,000)

~2015 Annual Congregational Meeting~

2014 Recap

Year-End Cash Position General fund cash - $282,000, which is similar to recent years

All of this amount is “unrestricted” (can be spent for the operations of the church)

~2015 Annual Congregational Meeting~

2014 Recap

FaithLift

Mortgage (payments continue until 2032)

Balance at End of 2013 $245,000

2014 Contributions 109,000

2014 Mortgage Payments (P and I) -107,000

Balance at End of 2014 $247,000

Principal Balance at End of 2013 $1,278,000

Scheduled Principal Payments -48,000

Additional Principal Payments -5,000

Principal Balance at End of 2014 $1,225,000

~2015 Annual Congregational Meeting~

2014 RecapOffering and Expense Pattern

$- $10,000 $20,000 $30,000 $40,000 $50,000 $60,000 $70,000 $80,000 $90,000

$100,000

2014 Offering vs Expenses By Month

Offering Expense

$-

$100,000

$200,000

$300,000

$400,000

$500,000

$600,000

$700,000

2014 Cumulative Offering vs Expenses

Offering YTD Expenses YTD

2015 Annual Congregational Meeting

2015 Budget

2015 Annual Congregational Meeting

Finance Committee establishes protocols and guidelines

Committees submit budget amounts under multiple scenarios

Finance Committee establishes target income

Initial budget proposal developed and submitted to Council

Initial proposal refined based on actual results for 2014

Final budget approved by Council

TODAYVOTE OF CONGREGATION

2015 Budget Process

2015 Annual Congregational Meeting

Highlights of 2015 BudgetIncome – 2015 budgeted income based on 2014 actual (exclusive of non-recurring amount)

Personnel costs – reduction in personnel costs due to interim arrangements; offset by salary increases and higher health insurance costs

Property – funds earmarked for parish house roof repairs; provision for future capital items

Benevolences – unchanged from 2014

Other expenses – establishment of technology budget; costs related to transition and call processes

Ballot Vote for Proposed 2015 Budget

 Please vote YES or NO for the proposed 2015

budget (includes both the General Operating Budget and the Nursery School Budget)

    Yes_______                            No_______ 

~2015 Annual Congregational Meeting~

Transition TeamDot Aldrich, Co-ChairJames Deriu, Co-ChairMichael BrownBetsy AmeyLisa McGill, Council LiaisonDonna MollenkopfKrissy Golden VentreRob DeMuth

2015 Annual Congregational Council

Results of Proposed 2015 Budget Ballot Vote

2015 Annual Congregational Meeting

Results of 2015 Congregational Council Election

~2015 Annual Congregational Meeting~

Closing Prayer

Pastor Alan Traher

PLEASE JOIN US FOR LUNCH IN THE GREAT HALL.

Thank You For Attending!