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 https://e.onrealm.org
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 email@example.com
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.
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.
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.
If you have any questions, comments, or ideas about the finances of the church, please do not