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The Google Language tool should be able to be utilized for this type of document, posted below in this link…

annual parish report 2010  (PDF)

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Queen of the Apostles Annual Financial Report

August 28-29, 2010 

Thank you for selecting Queen of Apostles Church for your faith community. We are a dynamic, diverse and growing parish that is steadily attracting new families, adding programs and increasing our community involvement through our weekly tithe of 5 percent of offertory to a variety of agencies that assist the sick, poor and needy.

All of this takes time and money and we are blessed by your generous stewardship. Father Frank Cancro and Director of Music and Liturgy Chrissy Glisson bring vitality and spiritual direction to our worship, while a dedicated staff supports our mission and fellowship and maintains our facilities. Yet without your commitment as volunteers and your financial support our church could not function. Here is a summary of our growth in families and weekly offertory over the past three years:

From July 2007 to June 2010 (we operate on a fiscal year that ends June 30), our parish grew from 545 families to 751 families, an increase of 206 families or 38 percent. During that same period our average weekly offertory grew from $6900 to $10425, an increase of $3525 or 51 percent.  To remain financially stable and support our church programs, income must increase proportionally to our growth in families. While we have done that over time, the chart above shows that we did not meet that goal in last year’s difficult economy.

Last year our parish generated almost $595,000 in income (3 percent above budget) and spent $547,500 (4 percent below budget) on normal operations, giving us a surplus of $47,500. But we also invested more than $92,000 to improve the parking lot and remove the St. Benedicts Building which was beyond repair. The difference came from savings, which on June 30, 2010, stood at $343,000.

This year’s budget of $596,725 in income anticipates a 3 percent increase in offertory to $10,750 a week, but fewer large donations than last year. Expenses will increase 9 percent to $600,600, resulting in a $3,821 deficit for the year. The table on the last page of this report identifies how we collect and spend our funds. The largest increases in expenses this year will come in salaries, reflecting higher medical costs and longer hours by staff to meet the expanded needs of the parish, and in school subsidies as more of our children attend Catholic schools in the region. Additionally, we will again draw down savings by $69,000 to put a new roof on the MAK Center, make other improvements and upgrade lighting in the parking areas.

In addition to our weekly offertory, parish members gave nearly $27,000 last year to various Diocesan campaigns such as missions, priest and religious retirement and seminaries, and 196 families gave a total of $44,760 to the annual Diocesan Support Appeal (DSA). This year’s DSA assessment is $56,175. The parish is obligated to fulfill this assessment. To date, 213 families have pledged $51,600 leaving us with a shortfall of $4,575 which must come from our general fund if our goal is not meet.

                You continue to show your generosity by supporting monthly donations to local food shelves and homeless shelters, and by our 5 percent tithe, to donate $22,210 last year to various community programs. This is a true display of Christian stewardship that is much needed during these most difficult economic conditions.

FINANCIAL POSITION-FISCAL YEAR-END JUNE 30

As we go into the new church year with the uncertain economic conditions it will be a challenge for all of us to be able to meet our financial goals. Together as a faith community, Queen of the Apostle Church will be able to meet those challenges through your continued stewardship, generous financial support and prayers.

                 Please feel free to contact any member of the Finance Council if you have any questions pertaining to the finances.

 Jack H. Morris, Chairman                    704-829-7557                      jackhmorris@yahoo.com

Charlie Boyd                                                  704-825-4669                      cboyd98841@aol.com

Dave Charzewski                                        704-824-7198                      dlcharzewski@aol.com

Rick Houser                                                   704-824-4889                      Rick.Houser@fidelityBankNC.com

Elizabeth Hunnicutt                               704-825-3209                      jhunnicutt001@carolina.rr.com

James Sharik                                                 704-866-8171                      sharikj@bellsouth.net

Michael Vasko                                              704-825-0773                      mvasko@franklinamerican.com

Dorothy Wilson                                           704-475-0147                      dwilson@mercysc.org 

Income & Expenses for the Years Ended June 30

(Note: Please view the “Income & Expenses Budget Report” spreadsheet for Years 2008, 2009, 2010 and projections for 2011 in the PDF document or open the link for the Word Document, above)

 Note: Budget for 2011 does not include planned capital expenditures of $69,000.

The link above is the flyer promoting the Pentecost Mass & Family Picnic on Sunday, May 23 at 11 AM at the Sacred Heart Campus of Belmont Abbey College.  Please join us for the celebration of our Parish.

BEING GOOD STEWARDS OF GOD’S CREATION – “BE ENERGY WISE” MEETING, APRIL 21^st

By Peter Liberatore

Peter Liberatore, George Burazer and Patricia Vasil, of Queen of Apostles Catholic Church joined 65 other participants from 11 diocesan parishes at a meeting promoting “Parishes & Parishioners Energized! Switching on the Call to be Faithful Stewards of Creation, Switching Off Excess and Wasted Energy” on Saturday, March 13 at Our Lady of Consolation Catholic Church in Charlotte. 

The event offered presentations on Catholic Social Teaching and Franciscan spirituality on the care of creation, as well as tips and tools for parishes to be better stewards of their energy resources.  

A follow-up planning meeting will be held at Queen of Apostles Church on Wednesday, April 21 from 7-8:30 PM in the MAK Center.

This meeting will focus on how we, as Catholics, can examine our responsibility to be good stewards of creation.  “Be Energy Wise: Lighten Your Carbon Footprint” is a meeting that will provide an educational forum with a question and answer session with Duke Energy representatives with the goal of looking more closely at energy issues that affect our health, our finances, our region, and our world. 

Attendance at the event is free.  Please contact Patricia Vasil, Chair of Community Ministries at Queen of Apostles for more information: pavasil44@att.net.