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Latest Stewardship Numbers
2011-12 Weekly Target: $22,000
January 21/22 - $19,035
A look at this fiscal year's budget and goals
Read the PDF breaking down this year's budget program by program and identifying the parish's goals for fiscal year 2011-12. Note that each staff member's salary is included in their program's budget. You can also view the 2011-12 income and expenditure charts, which presents the budget in traditional categories, e.g. salaries and benefits is a separate category.
How we support our parish financially
We realize that the ways in which Christ Our Light asks for support can be confusing. We also realize that many of our parishioners are committed to supporting charities in addition to Christ Our Light. It is our hope that clearer information will allow parishioners to better discern their financial support of the parish.
Please recognize that this chart is exhaustive. Unlike many other parishes, we do not organize frequent fundraisers. We believe the parish should be supported by the generosity of its parishioners. Fundraisers absorb a great deal of time and energy from both staff and parishioners which is better directed toward ministry. In fact, we believe that when a parish has a strong mission, the money to support it will follow naturally.
Ordinary Offertory Primary way to benefit Christ Our Light
The weekly collection supports the parish’s operating budget. For this fiscal year, the operating budget is approximately $1.7 million, including salaries and benefits, the school subsidy, office expenses, rectory expenses, utilities, insurance, and other expenses.
Second Collections Benefits Church causes outside of the parish
Second collections, also called Church Universal collections, are not kept by the parish. They benefit particular causes like The Catholic University of America. Once the collections are counted, the parish remits the total amount.
Renovation Fund Discontinued during the capital campaign redemption
The Renovation Fund helped cover significant capital expenses like last year’s repair of the church roof. Now that we have begun a capital campaign, this fund is discontinued.
Bishop’s Annual Appeal This year is included in the capital campaign goal
The Bishop’s Annual Appeal funds the charitable agencies of the diocese and the education of seminarians. Together with a tax charged to each parish, it comprises the Diocese of Camden’s main source of income. This year, our Annual Appeal goal is included in the $4 million capital campaign goal. Therefore, no parishioner needs to make a separate donation to the Appeal.
Capital Campaign Benefits campus building and renovation project
All donations to the capital campaign are kept in a separate bank account and will be used to pay for the expenses named in the campaign case statement.
Past annual financial statements
These PDFs are abbreviated financial statements for the actuals for Christ Our Light and Resurrection Catholic School for the following years. Note that 2009-10 was the first fiscal year for Christ Our Light, formed by the union of Queen of Heaven and St. Peter Celestine.
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