Ordinary Income/Expense
|
Income
|
| Contributions from Churches |
|
| FMCSC Assessment (5.55%) |
500,000.00 |
| FMCUSA EPP (3.2%) |
384,000.00 |
| Total Contributions from Churches |
884,000.00 |
|
|
Investment Pool
|
| JP Morgan |
748,000.00 |
| Total Investment Pool |
748,000.00 |
| Total Income |
1,632,000.00 |
|
|
Expense
|
| Conference Core Ministry |
|
| Reproduce |
277,500.00 |
| Recalibrate |
45,000.00 |
| Revitalize |
45,000.00 |
| Total Conference Core Ministry |
367,500.00 |
|
|
Denominational Relationship
|
| Annual Conference |
60,000.00 |
| EPP (Equal Participation Plan) |
384,686.00 |
| Denominational Travel |
15,000.00 |
| Total Denominational Relationship |
459,686.00 |
|
|
Conference Operations
|
| Total Personnel |
603,759.00 |
| Total Resourcing |
105,000.00 |
| Total Office Operations |
95,000.00 |
| Total Conference Operations |
803,759.00 |
| Total Expense |
1,630,945.00 |
|
|
| Net Ordinary Income |
1,055.00 |
