Congregational Meeting August 18, 2013

Congregational Meeting

August 18, 2013

PrayerAnd some technicalities

Election of Elders• Financial UpdateMY2014 BudgetMY2014 Ministry Opportunities

Agenda

Jonathan Griffith rotating off of diaconate

How do you become an officer?

Nominations open until end of August

Election of Officers

Who is up for (re)election?

Budgeted General Fund offering: $822,025Actual General Fund offering: $798,826Difference of: $23,199 or 2.8%

Projected Budgeted Expenses of $868,228Actual expenses of: $775,999 Adjusted Difference of: $92,229 or 10.6%

Income minus expenses: $22,827

Main reason: Deferred Loan Conversion

Financial Review of MY2013

General Fund Giving: $798,822

O/A Mission’s Giving: $76,377Total Mission’s: $212,671

Arise 414 Giving: $350,747

Total Given in MY2013: $1,225,946

Total Giving to Cornerstone

309 Communing members39 new members, 44 move away.

5 join by Reaffirmation of Faith13 join by Profession of Faith

7 Adult Baptisms!!!448 Total members

MY2013 by the Numbers

At this time, in this place, for redemption of His people and restoration of this community.

Beware of the Catch 22.Planned to operate on a GF shortfall!

Arise 4.14

Build the building

Two years of additional staffing

Projection in sanctuary

Arise 4.14 Financial Goals

Financial goal: $1.5 million

Pledged: $1.33 million

Over $1 million received to date!!!

Arise 4.14 Update

Aware of the fiscal uncertainty of region.

We are trusting God to provide for His church.

Currently evaluating impact of latest government fiscal gyrations.– Budget assumed 13 week sequester.

MY2014 ProjectionsGeneral Fund Offerings

MY2014 expenditures: 0.74% Decrease.Challenges: rising health insurance costs and

increased building expenses (e.g. utilities).

No consideration for staffing change reflected.

MY2014 ProjectionsGeneral Fund Expenses

Budgeted Expenditures of $858,127.This does not reflect recent staffing changes.

Projected Income of $790,000.

MY2014 Budget

Accounting budget available

Fully burdened budget

MY2014 Budget

To glorify and enjoy God by growing a loving body of faithful disciples that is reaching Southern Maryland and the world for Christ.

How do we accomplish this?

Cornerstone’s Purpose

“Missions is not the ultimate goal of the church. Worship is. Missions exists because worship doesn’t. Worship is ultimate, not missions, because God is ultimate, not man. When this age is over, and the countless millions of the redeemed fall on their faces before the throne of God, missions will be no more. It is a temporary necessity. But worship abides forever.” — John Piper

Worshipping the Triune God

$150,546

$163,082

$291,207

$254,892

MY 2014 Budget $

Worshipping Growing

Multiplying Reaching

Worship 17.5%


Slight decrease (-$625)

Your financial gifts help us to glorify God and be strengthened by Him on a weekly basis.


“The church, however, as the community of Christ’s kingdom, can show the world an ethical integrity it must respect. When Peter describes the impact of Christian righteous deeds in a pagan world, he is thinking not of isolated saints, but of the people of God, called out of darkness into God’s light. Christian witness that is limited to private religious experience cannot challenge secularism…

Growing a Loving Body

“Christians in community must again show the world, not merely family values, but the bond of the love of Christ. Increasingly the ordered fellowship of the church becomes the sign of grace for the warring factions of a disordered world. Only as the church binds together those whom selfishness and hate have cut apart will its message be heard and its ministry of hope to the friendless be received.” — E. Clowney


“By this all people will know that you are my disciples, if you have love for one another.” John 13:35


$150,546

$163,082

$291,207

$254,892

MY 2014 Budget $

Worshipping Growing


Growing a Loving Body 19.0%


Increase of $2,700Fellowship Ministry TeamShepherdingCounselingVisitor Assimilation

Your financial gifts help us live and grow as an authentic community of Christians


“There is a gap between an intellectual recognition of who Jesus is and a commitment to Him. Logically, it would seem that anyone who admits that Jesus is the Son of God should be willing to follow Him and obey Him. It is a truth which ought to transform their lives…

Multiplying Mature & Equipped Disciples

“But in fact there are many people who will give at least verbal assent to the proposition “Jesus is God,” but who do not seem to care very much about Jesus, or even pay Him much attention. It is clear then that what is necessary to become a Christian is not merely acceptance of a proposition on the basis of evidence, but a change in a person’s whole orientation to life.”— C. Stephan Evans


$150,546

$163,082

$291,207

$254,892 Worshipping Growing


Multiplying Mature & Equipped Disci-ples 33.9%


Overall a slight decrease.Increased Beth’s hours from 12 to 18.

Christian EducationSmall Groups StudiesMen’s & Women’s DiscipleshipYouth MinistryChildren’s Ministry

Your financial gifts facilitate the work of making disciples of this generation and the next.


“He has told you, O man, what is good; and what does the LORD require of you but to do justice, and to love kindness, and to walk humbly with your God?” -Micah 6:8

“All this is from God, who through Christ reconciled us to himself and gave us the ministry of reconciliation; that is, in Christ God was reconciling the world to himself, not counting their trespasses against them, and entrusting to us the message of reconciliation. Therefore, we are ambassadors for Christ, God making his appeal through us. We implore you on behalf of Christ, be reconciled to God.” 2 Corinthians 5:18-20

Reaching Southern Maryland & World

$150,546

$163,082

$291,207

$254,892

MY 2014 Budget $

Worshipping Growing


Reaching 29.6%


Decrease of $28,837.Reduced GA support by 50% ($14,985).Deferred support of GDCNCN ($13,500)Slight decrease for Jonah.Started LAMP FundingSlight increase for Cesar & Carol


HS/MS Youth Ministry TeamsAllies for “Faith & Finance”Meet Paul KwakFighter Verses (Starting September 29)LAMP Seminary HERE!“A Praying Life” Seminar (February)

New Initiatives

What are you calling us to do?

How are you calling me to be a part of it?

How to Pray

Multiply efforts of officers and staff.Rule of thumb: 120/1 FT ministry staffCornerstone: 224/1 FT ministry staff

Raise up elders and deacons:2 elders moved this year.5 Ruling Elders on Session (w/one leaving)

90 members/elderHS bring about conversions and MM&E

Disciples!

Specifically

Provide for Ministry through CornerstoneTithes and offeringsMake a pledge to Arise 4.14

Propel the ministry of CornerstoneYou are a part of the body!The body needs your service and you need to

serve the body! Opportunities

Invest in Ministry

“85% of seminary graduates entering ministry leave within 5 years.”

“90% of all pastors will not stay in ministry until retirement.”

-2007 study from Duke Divinity SchoolPray for us!Questions at the end

Staff Transitions

Thank you!

Documents

Congregational Meeting August 18, 2013