White Simple Photo Annual Report
9
Transcript of White Simple Photo Annual Report
Dear Friends in Christ,
As your bishop, it is my responsibility to ensure that an account of the Annual Financial Report is presented to thefaithful of the Diocese of Stockton. With the advisory role and commitment of my Diocesan Finance Council, and with theprudent stewardship, responsible fiscal management and transparency of my financial management team, we haveprepared a thorough report for your review. Although we were faced with a challenging year, due to the Coronaviruspandemic, we at the Pastoral Center have continued to serve you in your parish communities.
The Diocesan Pastoral Center strives to work As One with the pastors and the parishes in order to provide administrativeassistance in the areas of finance, human resources, legal concerns, development, information technology andcommunications. Through your generosity, the departments of the Pastoral Center supplies parishes with administrativesupport in the area of Catholic education, catechesis, life and dignity, marriage and family life, along with training in thearea of pastoral leadership and parish ministry.
Your financial contributions have assisted with ongoing spiritual and educational formation for our dedicated clergy, notto mention, the necessary financial support for the education and formation of our seminarians. All of this has enabledus, as the Diocese of Stockton, to respond to the call to discipleship and to proclaim, and uphold, the mission of Church -evangelization!
As we move forward, as a diocese, I am most grateful to you for your generous support of the Annual Bishop’s MinistryAppeal and for your parish offertory contributions. Some of the annual parish collections enable our churches, includingthe collection for Catholic Charities, to draw our attention to addressing the social needs of our parish communities.
Within the year, opportunities are given to parishioners to raise their awareness and look beyond the local needs oftheir parishes. This is accomplished through the annual national and international offertory collections. These specialcontributions assist in reminding us of “the bigger picture” of which we are a part - the Universal Church.
My friends, all of this, and much more, is only possible when we, as the Christian community work together in unity, AsOne. As God has called and blessed me to lead this diocese, I want to express that it is a joy to serve you as a coworkerand as your bishop. I am sincerely grateful for your support. Let us never forget that in the midst of it all, it is Jesus wholeads us as a people, as a diocese!
In the Peace of Christ,
Myron J. Cotta
FROM
BISHOP COTTA
01Diocese of Stockton Annual Report
It is our privilege to present a summary of the sources and uses ofoperating funds of the Pastoral Center of The Roman CatholicBishop of Stockton for the fiscal year 2019-2020. The DiocesanOffices assist Bishop Cotta in his pastoral and administrativeresponsibilities in the support of parishes, schools and otherinstitutions in the Diocese.
Those entities not included in the summary include the various parish churches,elementary and secondary schools, The Roman Catholic Welfare Corporation, TheCatholic Charities of Stockton, cemetery operations, the Madonna of Peace RenewalCenter, the Society for the Propagation of the Faith, the Diocese of StocktonRevocable Trust, the Diocese of Stockton Irrevocable Trust, Bishop's Ministry AppealTrust, the Bishop's Educational Foundation and the Church for Tomorrow Fund.
As the Annual Financial Report highlights our financial performance for the year,further information can be found in our audited financial statements on the Diocesanwebsite.
OUR LATEST
NUMBERS
02Diocese of Stockton Annual Report
Doug Adel, CFO
SOURCES OF
OPERATING FUNDS
2019-2020
46%
38%
10%
3%
2%
03Diocese of Stockton Annual Report
Bishop's Ministry Appeal (BMA)Funds received from the BMA were used solely for Diocesan ministries.(Please see Cost of Operations for a list of the ministries)
Service Fee Annual fee charged to parishes, cemeteries, Catholic Charities andschools for administrative services performed by the Pastoral Center.
Transfer from Restricted FundsRestricted funds utilized as per restriction.
Diocesan MinistriesFee charged by ministries for programs or events.
Interest and Miscellaneous Income Unrestricted Gifts, Grants and Bequests
$2,059,000
1,714,000
466,000
69,00046,000
Total Sources of Operating Funds $4,508,000
46%
38%
10%
3%
2%1%
154,000
1%
USE OF
OPERATING FUNDS
2019-2020
64%
27%
4%
2%
2%
04Diocese of Stockton Annual Report
Diocesan MinistriesThis category includes the many ministries carried out at the Diocesanlevel. (See details in the Cost of Operations section of this report)
Administrative ExpensesThe offices for Development, Finance, Human Resources & InformationTechnology including legal and audit fees as well as other administrativeservices. (See details in the Cost of Operations section of this report)
Other ProgramsIncludes residential expenses, retired Bishop costs, CYO and supportservices.
Interest ExpensesDepreciation ExpenseGrants as stipulated by donorsRestricted grants provided to other Catholic entities as stipulated bydonor.
Total Uses of Operating Funds $4,940,000
64%
27%
4%
2%2%1%
$3,159,000
1,318,000
203,000
129,000 84,00047,000
1%
05Diocese of Stockton Annual Report
Office of the BishopVicar General Chancellor As One Vicar for Priests CommunicationsDeacon Formation Pastoral Development Vocations Seminarian Education Catholic Schools Evangelization & Faith FormationSafe Environment for Children & Youth School of Ministry Youth & Young Adult Ministry - Hispanic Liturgy & WorshipChristian Initiation (RCIA)Hispanic MinistryMigrant MinistryLife & DignityMarriage & Family LifeTribunalSocial MinistryNewman Campus MinistryDirect Appeal ExpensesImmigration Fees for PriestsProfessional Services - PriestsRetired PriestsMiscellaneous
Total Diocesan Ministries:
Costs of Operations Roman Catholic Bishop of Stockton
Pastoral Center Fiscal Year Ended 6/30/20
Diocesan Ministries Administration
Finance Development Human Resources Priests Relief Professional Fees Information Technology Victims Assistance CA & US Catholic Conference Rome Donation
Total Administration:
Grants as Stipulated by Donors:
Other Programs & Fees
Properties and Residential ExpensesCounseling Support ServicesRetired BishopMiscellaneous, net
Total Other Programs & Fees:
Bankruptcy - Professional and OtherInterest ExpenseDepreciation Expense
Total Diocesan Cost of Operations
58,126 3,795
28,973 112,030
202,924
2,947
128,57083,836
4,939,562
194,975111,866143,314
66,967104,096115,144
75,28251,59846,572
202,909357,881152,593
52,404246,195
99,72395,33030,767
170,135164,192
35,36527,077
201,1865,686
55,352229,677
37,7708,080
69,1637,559
3,158,848
421,69597,872
184,20273,397
281,377128,888
6,447116,303
5,000
1,315,181
47,256
Annual Offertory
Collection
(Combined total of all 35 parishes, in thousands)
2015 2016 2017 2018 2019 2020
25,000
20,000
15,000
10,000
5,000
0
06Diocese of Stockton Annual Report
2.2% 3.6% 0.8% 3.1% 7.3% 6.1%
07Diocese of Stockton Annual Report
Special Collections
Church in Latin AmericaHoly Land Catholic Communications CampaignCatholic Relief Services' Overseas AppealPeter's Pence (Collection for the Holy Father)Black & Indian Missions/Catholic Home Missions Appeal Catholic Campaign for Human DevelopmentCatholic University of America Operation Rice BowlRespect Life SundayRetirement Fund for ReligiousPropagation of the FaithWorld Mission SundayMilitary ServicesNational Collection for Relief of: Diocese of Sacramento - Fire Assistance Fund Hurricane Harvey
Total:
76,662 22,154 43,932 22,740 77,906 88,517 83,497 65,301
2,738 87,563
102,757 152,217
77,296 31,430
470
4,170
939,350
Information on National Collections: Catholic
CommunicationsCampaign
Catholic ReliefServices
Catholic HomeMissions
Church in Latin America
Retirement forReligious
08Diocese of Stockton Annual Report
Thank You!Your generosity helps support the
many needs of the Diocese.
Members of our Diocesan Finance Council
Paul Schaefer, ChairJoseph AriasKevin DoughertyTom DriscollTeresa LockeRalph Juarez
Peter MorelliMaria StokmanTolen TeigenWilliam TrezzaFr. Brandon Ware
Learn More:
Visit Our Website About Our Bishop
Diocesan History
California Catholic Conference
USCCB
Audit Report
Parish ListCatholicCharities
Catholic Schools Cemeteries
