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Andrews Chapel United Methodist Church Dollars and Cents A Guide to Our Church’s Ministries through Financial Stewardship Published by Committee on Finance.

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Presentation on theme: "Andrews Chapel United Methodist Church Dollars and Cents A Guide to Our Church’s Ministries through Financial Stewardship Published by Committee on Finance."— Presentation transcript:

1 Andrews Chapel United Methodist Church Dollars and Cents A Guide to Our Church’s Ministries through Financial Stewardship Published by Committee on Finance January 2015 The ACUMC Committee on Finance would like to thank each and every member and guest for your continued support of the ministries and mission at Andrews Chapel. ACUMC serving the Jonesboro, Clayton County Georgia area since 1875 Page 1 Page 12

2 Our Ministry The ministry of Andrews Chapel United Methodist Church’s (ACUMC) Committee on Finance (COF) is to nurture and support the financial vitality and health of its congregation by ensuring funds are available to fulfill the mission of our ministries. We aim to provide transparency through the setting of the annual budget and by collecting, recording, & disbursing of funds given in support of local ministries, and by providing monthly reporting and other periodic forms of communication to the congregation. We fulfill Andrews Chapel’s mission statement by being a fellowship of believers called to witness to our faith in service to God and our fellow man Opportunities Provide ongoing information to congregation on ACUMC’s financial status, Partner with Stewardship committee to increase awareness of stewardship obligation, Correct items noted in audit, Review budget, receipts and disbursements for first half of year and make recommendation for change in second half of year in accordance with actual givings and stewardship campaign. Page 2Page 11

3 Who Are We COF Leadership Committee: Chairperson, Emmett Henderson Treasurer, Donald Alexander Assistant Treasurer, Darryl Wheeler Assistant Treasurer, Yvonne Mosley Financial Secretary, Rosa Burton Assistant Financial Secretary, Angie Freeman Committee Members: Rev. Wimbley Hale, Frenda Norwood, Almetia Simmons, Anita D. Lawrence*, Cora Flynt*, Dierdra Raines*, Dorothy White*, Douglas Miller, Eugene Thompkins*, Fred Smith, Jr*., Jack McLaughlin*, Wiley Snell*, Myra Thrash*, Victor Lunderman, Sr.*, Yvonne Mosley*, Thelma Straker- Holder*, Randy Reid*, Cynthia Myatt*, Elenor Lunderman*, and Lucy Murray*. Denotes members of Counting Committee Financial Exam Committee: Dierdra Raines & Betty Carter What Constitutes General Expense Disbursements Salaries & Benefits 1 Council on Ministries Work Areas Board of Trustees (Utilities & Maintenance ) Health Insurance Pastor’s Pension Administrative Office Supplies Annual Conference Delegates Conference Apportionments Other Admin Support ( Finance Stipend ) Note 1: Social Security benefits paid only to eligible employees. Balancing Our Tithes & Offerings Page 9Page 4 Committee Members

4 2014 Accomplishments Financial Exam Committee conducted limited audit, Improved Reporting to Council on Ministries, Calendar year spending did not exceed calendar year receipts or calendar year budget, Funding provided for ministry support, Funds moved from savings accounts to interest bearing accounts, All JW Arnold Scholarship funds moved out of general account for the year, Food bank grant received for $35,000. ACUM C It Is Our Pleasure To Serve You! Page 3 Page 10

5 Where We Bank Heritage Bank: J. W. Arnold Checking Account (supports the scholarship ministry of ACUMC) J. W. Arnold Money Market Account (endowment for he scholarship fund) Benevolence Account (provides support to grieving families & emergency assistance to members in need ) Bank of America: General Checking Account (supports all administrative & operating expenses of the church) Capital Campaign Money Market Account (designate for future building project) Special Projects Money Market Account (savings and emergency funds) Page 7 Page 6

6 When Do We Meet First Thursday of each month at 6:00 p.m. All are Welcome! Come join our meeting for full details on receipts, spending and bank balances. What Constitutes General Expense Receipts Tithes & Offerings Sunday School Public Offering (loose plate offering) iRejuvenate Facility Rental Fees Church Anniversary Calendar Tea 1 Vacation Bible School Special Services 2 District Work Fund Directory Ads Anniversary Ads Harvest Sunday Coins Reimbursements Re-deposits for Returned Checks Notes: 1- A decision is made each year as to how much, if any, is used for general expenses. 2 – Revival, Ash Wednesday, Holy Thursday, Easter Page 5 Page 8


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