May 2022 Finance Snapshot General Fund (GF) Total GF Revenue from YTD Receipts Available 5/31/2022 YTD: $201,450.11 Total GF Revenue Budgeted through 5/31/2022: $195,788.70 Total GF Expenses Paid through 5/31/2022: $188,668.88 Total GF Expenses Budgeted through 5/31/2022: $199,293.5 Notes on General Fund We are current on payments due through May. By using designated donations for Missions and a bequest from Bill Hebel, New England and world mission shares are paid through May. Pledges that were paid in full for the year helped with cash flow, as have donations for the Pastor of Discipleship and Service and regular giving by members. Heart of Nashua 1 & 2 (GiF) & HON Cont. (Capital Campaign/Elevator, Connector, Renovations) - Balance due on HON Loan as of 5/31/2022: est. $127,900 (Loan was $358,343.45) - In May the monthly payment of $883 was paid. HON Cont. funds on hand 5/31/2022: $9642.16. - Loan pay off date is 2/8/2039. - Total Paid (including interest) Using HON 1, 2 & Continued as of 5/31/2022: $1,912,115.89 Funding for the Future, 100 for $150 (Endowment) – Received this year as of 5/31/2022: $1450 Anyone can be one of 100 people or families giving $150 (or any amount) each year to grow our endowment for the future of this church. Parsonage Mortgage – As of 5/31/2022 we owed approximately $59,500 on the parsonage. The parsonage mortgage will be paid off on 1/23/29. Thank You We are grateful for the donation to cover the initial lawn service of the season for the church. Thanks to all who support this congregation. Recent and Current Expenses Recent expenses include piano tuning, license renewal for streaming church services and copyright licenses, Upper Room devotional guides, dishwasher service, office and building supplies, utilities and payroll. |
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