PROPERTY INSURANCE |
$ 99,539.00 |
CATHEDRATICUM | $ 43,653.75 |
COMMUNICATIONS | $ 9,030.00 |
PAYROLL | $ 382,254.19 |
PAYROLL TAXES/BENEFITS | $ 130,648.03 |
UTILITIES | $ 139,550.09 |
PHONE/WATER/ SEWER/INTERNET |
$ 31,765.31 |
VEHICLE INSURANCE/REPAIR |
$ 33,184.94 |
BUILDINGS MAINTENANCE |
$ 47,742.34 |
GROUNDS MAINTENANCE |
$ 14,986.79 |
CHURCH EXPENSE | $ 86,428.47 |
Items in RED are UNPAID Expenses. |
15% of our expenses remain unpaid and increase |
our debt. |
If we subtract the bills we do not pay the diocese (property insurance, cathedraticum and communications ministry), operating expenses are reduced to $866,560.16/52 = $16,700 a week (rounded to nearest $100). |
Sources of Income
Sunday Ordinary and Holy Day Collections $566,443.78
Collections for Utilities $9,109.00
Fundraisers (Bazaar, 1-20 club, etc.) $36,014.50
Candles $3,642.33
Stipends from Memorial Fund $22,900.00
Gifts and Bequests (from wills, stock sales, etc.) $68,334.81
Flower Collections $4,658.00
Transfer from DEF Savings Accounts (money
raised from events at LaSalle, renting Notre Dame
Rectory, etc.) $89,109.50
Government Loan (COVID-19 Relief) $77,750.00
TOTAL $877,961.92
Capital Expenses
New Truck $45,755.00
New Parking Lot $12,000.00
Parish Accounts
Diocesan Expansion Fund (DEF) Accounts
Parish Savings $64,008.07
Eugene Tapin Memorial Organ Fund $53,776.16
Cemeteries $28,637.42
Notre Dame 100+ $19,433.40
Memorial Fund $14,705.84
Trust Fund $6,403.05
Fr. James Kelly Memorial Scholarship Fund $2,035.08
Restricted Funds $563.31
Tithing $10.60
TOTAL $189,572.93
Checking $4,374,20
State of the Debt
Central Admin. Debt (Cathedraticum and Insurance) $483,192.77
Line of Credit $1,914,955.64
Total $2,398,148.41
Debt is down from $3,500,000 from June 2017, a more than $2,000,000 reduction.
Sale of St Hedwig
Sale of St Hedwig campus for $450,000.00 less expenses netted $407,889.46.