2011 ANNUAL REPORT - Saint Patrick - Saint Anthony Church

FINANCIAL STEWARDSHIP
Finance Committee
The Finance Committee met four times in 2011 to review the budgets and the current financial state of the Parish, the
Franciscan Center for Urban Ministry, and the Parking Lot. At three meetings the council reviewed the Sustaining
Fund investments. A transfer from our Sustaining Fund covered the budget deficit. In spite of withdrawals, the
Sustaining Fund principal continues to grow. Although Sunday collections were down from 2010 (due in part to several
weekend weather-related events), a special appeal made in late August 2011 resulted in additional funds to cover deficit
operating expenses.
2011 St. Patrick-St. Anthony Parish Income
Collections (Sundays, Christmas, Easter, Other Holy Days) $914,616
Interest and Dividends $4,136
Stole Fees (Baptisms, Weddings, and Funerals) $5,713
Gifts, Donations, and Bequests $130,856
Program Education Fees $22,105
Votives $4,759
Total 2011 Income $1,082,185
2011 St. Patrick-St. Anthony Operating Expenses
Salaries (Pastoral Staff, Support Staff, Custodial Staff) $368,355
Benefits (Disability, Health Insurance, and Retirement) $124,094
Payroll Taxes $34,742
Utilities (Heating and Cooling for the Church and Franciscan Center, Electricity, Telephone, Water,
Internet)
$82,562
Physical Plant (Contracted Services: e.g., Snow Plowing, Property and Casualty Insurance, Trash Removal
Services, Maintenance and Repairs)
$70,401
Friary Expenses $21,837
Miscellaneous $9,263
Sacramental and Liturgy Expenses (Organists, Cantors, Music Coordinators, Section Leaders,
Choirmasters, Altar Flowers, Altar Supplies, Music Supplies, Worship Aids, Missalettes, Music Licensing
$188,636
Fees, Votive Lights, Music Library, Sound System Upgrade and Maintenance)
Religious Education (Formation to Discipleship Programs and Sacramental Preparation Programs for
Children and Adults [including the Religious Education Staff])
$70,329
Charity $16,589
Office Expenses (Copy Machine, Office Supplies, Computers/Data Fees, New Website Launch) $33,786
Catholic Schools Assessments ($250 per student parishioner attending Catholic school) $15,875
Diocesan Expenses (Catholic Schools Support Program [CSSP], Cathedraticum) $105,310
Total 2011 Expenses $1,141,779
2011 St. Patrick-St. Anthony Net Income/(Loss) (59,594)
Transfer of 5% from Sustaining Fund to Operating Budget $71,464
2011 St. Patrick-St. Anthony Adjusted Net Income/(Loss) $11,870
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