Riverside Covenant Church -- West Lafayette, IN

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December 15, 2015

Treasurer’s Report November 2015

We know that some of us like to give end-of-year gifts. We think that is awesome and incredibly generous. If you are planning to do this, please make sure they are postmarked or physically received at the office by December 31.

In an effort to live out one of our Mission Markers, “Sacrificial and generous living and giving,” the Leadership Team is sharing the Treasurer’s Report each month.  The report is presented at each Leadership Team meeting, reporting on the previous month’s financial status.  This report provides a quick overview of Riverside’s financial health and where we stand compared to historic averages.  The Treasurer’s Report is attached as a PDF.  We will also publish the chart, Cash Months on Hand, separately since it provides the best illustration of our current financial health.

Your financial contributions through Riverside are making a significant impact on our community and world. Just this past month your generosity purchased smores for a youth event, provided childcare for 3 women’s bible studies, supported 4 missionaries on Purdue’s campus, brought Michael Washington in to lead a spiritual retreat,  kept the power/gas on for 3 families, and much much more. Your generosity matters. Thank you!

Our 2015-2016 budget is considerably higher than last year’s budget. Our new budget allows us to hire new staff and to increase our impact to the community, while ensuring healthy work loads for our staff. During the month of November, Pastor Dan shared with the congregation our shaky financial situation and the response lead to a record setting month.  Riverside is now back in a healthy financial position and prepared to move forward on the execution of the budgeted plans for the rest of the fiscal year.    Continued giving at this higher level will ensure Riverside can move forward on all the ministry activities and growing our staff for 2016.

Treasurer Report November 2015

We received our 2014-2015 Compiled Financial Statement from our accounting firm.  This is produced each year to comply with requirements in our constitution, but also to ensure  we are maintaining the financial records in a transparent, effective, and faithful way.

If you have any questions about our budget, expenses, or desire more information on how the church utilizes your gifts, please contact Everette Mills (emills@elmills.net or 765-532-2460).

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Riverside Covenant Church
1850 Woodland Avenue
West Lafayette, Indiana 47906
765.463.4600
office@rcovenant.org
Sunday Worship 10:00 AM

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