We recorded an $11,500 net surplus for 2024 compared with our $1.4 million breakeven budget. Annual contributions were $28,000 less than the budget and 1% less than last year, but expense savings in personnel and building & property were large enough to deliver this positive overall result. The church recorded a net $372,000 increase in its combined cash plus investment accounts based on the roundabout land sale, a significant donation and positive investment returns. We also reduced the balance on the building-related notes payable by $63,000. A very solid year.
Tom Kapostasy, Treasurer