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

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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.

2015 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.

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Who Are WeCOF Leadership Committee:Chairperson, Emmett HendersonTreasurer, Donald AlexanderAssistant Treasurer, Darryl WheelerAssistant Treasurer, Yvonne MosleyFinancial Secretary, Rosa BurtonAssistant 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 & Benefits1

• 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

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Committee Members

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.

ACUMC

It Is Our Pleasure To Serve You!

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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)

$249,781.60

$69,700.00

$12,000.00

$1,500.00

$51,328.00

$5,228.00

$93,054.00

$6,900.00

How Your Dollar Is Spent

Staff Parish Relations - $0.051

Council on Ministries - $0.14

Admin Office Supplies -$0.02

Annual Conf Delegates - $0.003

Conference Apportionment - $0.10

District Work Fund - $.01

Trustees - $0.19

Other Admin Support - Fin. Stipend - $0.01

Based on 2014 Budget -$489K

Your Dollar Hard At Work

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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 Tea1

• Vacation Bible School• Special Services2

• 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

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