Finance Committee Report

March 28, 2019

Shady Grove United Methodist Church Finance Committee Report

We’re glad you are here. This page will provide important summary financial performance
information and commentary from your finance committee each month. Additional information and more detailed reports will be available by logging into your account at Realm and looking under Groups for the church group, Shady Grove United Methodist Church, and then looking for Files within the church group. These files are accessible from Realm on one's computer. They are not consistently accessible from the Realm app on a smart phone. (This is a known programming problem that Realm support is working to solve.) If you have not set up a Realm account, I encourage you to do so, by emailing Gregg Butler our Church Office Manager at so that she can send you an invitation.

Your stewardship (prayers, presence, gifts, service, and witness) provides the means, while God’s guidance and our due-diligence deliver on His will for Shady Grove United Methodist Church. Our committee charter is to be fiscally sound stewards, be transparent and ensure that the church’s financial resources are properly and best utilized, to accomplish the mission of helping our community know and grow in Christ.

The Finance Committee recently developed a brochure called A Guide to Christian Giving with information on financial strategies and giving opportunities. DOWNLOAD BROCHURE

February 2019

Operating Performance

Through February we are 2 months or 16.6% through the 12 months of the year and 8 Sundays or 15.4% through the 52 Sundays for 2019. Actual income through February was only 15% of our annual budget. This shortage was offset by actual expenses coming in at only 15.1% of the annual budget year to date. This yielded an actual year to date net loss of about $(1,348).

Building/Capital Campaign Fund

Our current debt from facility expansions years ago is down to less than 20% of the original loan balance and matures April 24, 2019. The bank has offered the option for a 3-month extension at the existing rate to provide time to finalize a refinancing as part of any new construction project loan.
As of February 28, 2019 we are 32 months or 89% through the 36 month Capital Campaign and we have collected 85% of what was originally pledged back in 2016. Please keep those pledge dollars coming in as the end of the campaign collection period is only 4 months away in June 2019.
The building committee has made some good progress recently, receiving reductions on the state and county requirements for road and water. The final project scope plans and costs are currently being revised.

Your Role

You can help SGUMC by submitting an annual pledge which is critical to help us plan and better
maintain balanced budgets. Currently less than 75% of our annual budget is covered by pledges.
You can also help by giving routinely (weekly, monthly, etc.) by
  1. ACH (Automated Clearing House) or EFT (Electronic Funds Transfer) coordinated through our Finance Secretary Pam Sweeney,
  2. Online giving through Realm, using a credit card or bank account. Request an invitation to join Realm by sending an email to

If you have any questions, comments, or ideas about the finances of the church, please do not
hesitate to reach out to:
God Bless,
Steve Howell
Finance Chair

Amazon Smile

Do you shop at Amazon? Did you know that Amazon has a program that gives 0.5% of eligible purchases back to non-profits in the form of a rebate?

To take advantage of this program, simply start your shopping at Log in to your Amazon account as you normally do.

Search for the Amazon Smile account labeled, Shady Grove United Methodist Church. You’ll see other churches with the same name, so be sure to select the option in Glen Allen , VA. Once selected, this setting remains with your account. You won’t need to go through this setup process again. For all future Amazon shopping, just be sure to start by going to to login to your account

If you are in the habit of using the Amazon app on your smart phone, you can easily replace the app with a shortcut button to the site.

This is not an endorsement of Amazon by the finance committee. This is a means for those interested to provide additional support to the general fund and ministries at SGUMC.