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November 3, 2020 Dear Brothers and Sisters in Christ, I would first like to take this opportunity to thank our entire Saint Pius X community for your prayers, support, and encouragement throughout the Covid-19 pandemic. This health crisis has affected all of us in unexpected and unimagined ways. Several members of our parish family contracted Covid19 and have all recovered, thanks be to God. Although many of us have not been able to gather together in person, I know we have been intimately united in thought and prayers. I am grateful to the entire staff for their dedication, flexibility, and MAGIS spirit in going the extra distance during this challenging and difficult time. This has been a time of “grace upon grace” as Saint Paul tells us. As pastor, it is my responsibility to shepherd the spiritual and temporal needs of our parish. I am grateful and cognizant of the apostolic zeal with which my predecessors led our parish from its inception: founding pastor Monsignor Michael Fitzsimon, Monsignor Peter G. Armstrong, Father Jim MacDonald and Father Paul J. Rossi. Their vision and leadership have been the foundation on which we now stand and will continue to build into the future. As we near the end of the calendar year 2020, I wish to report to you the state of finances of our parish. I want to express my thanks to our Operations Manager Judy Giacometti and Debbie Castelli who oversee the finances of the parish as well as the members of our Parish Finance Council: Tom Cortopassi, Donna Schreiber, Kathy Martell and Stephen Philpott. I also welcome our newest members Joe Martin and Don Gambelin. The Finance Council, which is mandated by Canon Law, advises the pastor on the financial administration of the parish. This mechanism ensures transparency, financial controls, and true collaboration on the part of the pastor and lay faithful. Thanks to your generosity, a number of significant capital projects have been completed or are in progress, among them the state-of-the-art livestreaming system;

resurfacing of asphalt on the entire campus; and the near completion of our solar paneling.

In the coming months, in collaboration with the Parish Finance Council, we will be speaking on stewardship and our shared responsibility and commitment to the financial health and sustainability of our parish going into the future. I would ask that you take the time to review the financial report. You will see from the report, 20192020 has been a challenging year. Our offertory collections have declined, and we cancelled several events including our key parish fundraiser, the annual festival. We cannot continue to grow and remain viable with only a fraction of registered parishioners contributing support. I ask that if you have not given this year and you are able to do so, to please give consideration to a one-time gift or a weekly offertory donation of $25. If you have given, I ask that you consider increasing your gift. We are so grateful for your generosity. Taken together, these small increases by many will have a large impact on the whole. Our Saint Pius X community would be able to realize many of our parish goals if each of us participated in the stewardship. As always, I am grateful for the sacrifices many people make to support us and encourage those who have been unable to do so to invest in our shared community of faith. “There is a variety of gifts but always the same Spirit; there are all sorts of service to be done, but always the same Lord; working in all sorts of different ways in different people, it is the same God who is working in all of them. The particular way in which the Spirit is given to each person is for a good purpose.” [1 Corinthians 12: 4-7]. Sincerely in Christ,

Father Thomas Vital Martin Pastor


St. Pius X Catholic Church Annual Report July 1, 2019 - June 30, 2020 Includes All Church Programs and St. Pius Preschool

TOTAL REVENUES: $ 1,343,469.25 Sunday Collections

$ 461,424.67

Christmas, Easter & Holy Days

135,278.19

Sacramental Offerings

9,870.00

Fundraisers

82,681.22

Educational Programs & Sacramental Fees

470,115.41

Gifts, Donations and Grants

127,086.51

Other Income

50,593.64

Net Assets Released for Property Costs

6,419.61

$0

$100,000 $200,000 $300,000 $400,000 $500,000

TOTAL EXPENSES: $ 1,652,881.50 Personnel Costs

$ 927,105.36

Payroll Taxes

74,803.80

Employee Benefits

246,104.76

Transportation & Travel

490.00

Instructional Expenses

4,144.95

Property Costs and Grants

82,442.21

Utilities

101,656.64

Furniture, Fixtures, & Equipment

36,609.90

General & Administrative

51,831.01

Other Expenses

127,692.87 $0

$250,000

$500,000

$750,000

$1,000,000

DEFICIENCY FROM OPERATIONS: $ (309,412.25)


DEFICIENCY FROM OPERATIONS

$ (309,412.25) 421.00

Change in Donor Restricted Assets Donor Restricted Gifts Received CASC Interest Received Net Restricted Assets Used Total Change in Donor Restricted Net Assets

8,667.00 (6,420.00) 2,668.00

NET INCREASE (DECREASE) IN NET ASSETS

(306,744.25)

NET ASSETS, BEGINNING OF YEAR NET ASSETS, END OF YEAR

$ 2,277,303.00 $ 1,970,559.00

2019 St. Pius Church Festival Donations included in Fundraisers

$ 38,980.00

13.5%

Archdiocesan Annual Appeal 2019

SPECIAL COLLECTIONS

$ 127,473

Catholic Relief Service - $464 Catholic Home Missions - $355 Campaign for Human Development - $2,323 Catholic Charities CYO Appeal - $425 Catholic Communications - $300 Peter's Pence - $451 Holy Land - $476 Priests' Retirement - $5,784 Retirement for the Religious - $3,745 World Mission Sunday - $2,833 St. Patrick's Seminary - $3,571 Church in Latin America - $3,137 Society of the Propagation of Faith - $10,416 Military Services - $3,739

Number of AAA Contributors

253 AAA 2018 Donations Collected

$ 139,872 Overage of AAA (back to parish)

$ 12,399 Archdiocesan Annual Appeal 2020

$ 129,000

Parish Statistics 2019-2020 Sacraments Celebrated

Baptisms Holy Communion Confirmation Marriages Funerals

42 3 0 6 35

Parish Community

2,985 Households in the Parish

Catholic Education: A Ministry of the Parish

58

272

44

in Children's Faith Formation

in St. Pius Catholic School

in St. Pius Preschool

674

$ 61

Contributing Households

Average Weekly Contribution


YEARLY TRENDS

ACTUALS VS. BUDGETED Includes All Church Programs and St. Pius Preschool

CONTRIBUTOR DATA as of Fiscal Year End 2020

674 Households

out of 22%

2,985 Households

Profile for Cathy Yee

SP Annual Report 2020  

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