Giving statements for all of 2019 have either been sent out electronically or are being sent out by mail. The statements are intended to document only your charitable donations to the church for the year and include information from January 1 to December 31. Please retain this statement if you need documentation of your charitable donations for your federal tax return.
If you have any questions or concerns, please contact Claus Makowka at church or via email at email@example.com.
The church completed 2019 in good financial condition. Total income exceeded the budget by $22.7K while total expenses were very close to budget, ending up $3K under budget. The resulting surplus of $41.4K exceeded the budgeted surplus of $15.6K by $25.7K.
Digging into the details, most of the expense categories were very close to their budgets, thanks to the careful attention to expenses by the staff. The only major category that was significantly over budget was utility expenses, which were $3.7K or 10% over budget, resulting primarily from higher electricity and water/sewer costs. The major category under budget was Sunday services, resulting from spending about $2K less than budgeted for Sunday speakers. Smaller savings across most of the other areas accounted for the rest of the savings.
On the income side, rentals exceeded the budget by $13.8K due to increased rentals for weddings and concerts. While the air conditioned sanctuary is likely a factor, the increased rentals are spread over the whole year, not just the summer months. Investment income was $2.5K above budget, reflecting the positive financial market performance over the year. Finally, pledge and gift income was $7.9K over budget. This appears to be due to slightly better fulfillment of pledges than in past years, overcoming a drop in gift income. Gift income can fluctuate due to the presence or absence of a few larger gifts. Also, allocation of donations between gifts and pledge payments is an inexact process and has changed this year as a result of using Breeze to record donations.
During fourth quarter, Share the Plate donations provided $956 for Black Lives of Unitarian Universalism (BLUU), $1189 for the Afro American Music Institute, and $767.56 for UU Ministry for Earth (UUME). My thanks to the congregation for their generosity.
Giant Eagle Cards
If you shop at Giant Eagle for your groceries, you can support the church by purchasing Giant Eagle cards after the service most Sundays. You are able to spend the full amount of what you pay for the card and the church gets a 5% commission on the sale. This is a great way to support the church at no cost to you, with just a little effort to stop by after the service.
Claus D. Makowka