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Nancy Singer, director of administration and finance

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Financials

Financials

May the God of hope fill you with all joy and peace inbelieving, so that by the power of the Holy Spirit youmay abound in hope. Romans 15:13

ACCOUNTING AND FINANCE

• While our offerings were behind budget most of the year, the generosity of our congregation during the crucial December year-end time frame resulted in the highest amount ever received. During the following four months donations were lower than planned, but we ended the year with a significant surplus over our actual expenditures. For only the second time in 22 years, our giving was above budget, and the last time was 13 years ago. Praise be to God for his faithfulness.

• Dan Bauer filled the role as accounting manager in spring 2021, since Deb Carlburg, who ably filled that role for well over a decade, went to a part-time schedule as a way to prepare for actual retirement while allowing Dan to benefit from her expertise and experience.

CAPITAL CAMPAIGN

• Through the successful capital campaign launched in late 2020, the contributions allowed us to purchase, without any debt, the final two houses on Seminary Avenue west of the Sanctuary building. As importantly, we had sufficient funds from the campaign to pay off the $754,000 mortgage on the other houses on that street. The remaining dollars received have been set aside for seed money for the eventual plans to utilize that land in the future.

FACILITIES AND TECHNOLOGY

• The replacement skylight was finally received and installed on the Sanctuary building in August 2021 after the derecho severely damaged the original one and the steeple nearly a year earlier. Our property insurance reimbursed us for all the damage other than the policy deductible. Even through this major weather damage, God’s graciousness was evident in that the roof, skylight and steeple were nearing the time for major repairs. Now they are all brand new and won’t need major maintenance for decades to come.

• Work was finished in the west end of the Crossings building and Clapham School moved into its newly designed classrooms, teacher offices and lots of other spaces giving them great amenities and room for more students. Our own student ministries are utilizing some of those spaces on Sundays and Wednesday evenings as well.

• Work was also finished in the center portion of the Crossings for the STARS Resale Shop. The staff there did an amazing job of setting up a boutique-style shop with plenty of room between the areas of neatly displayed merchandise. Sales have been much higher than in its prior location, and the frequent flooding issues at the old store from above and below are a thing of the past.

HUMAN RESOURCES

• This area has seen so many changes due to COVID protocols and testing. The ever-present new rules and regulations are always a challenge. God has also been gracious in allowing us find dedicated, qualified people to fill open positions.

I count it a privilege to serve alongside such talented and dedicated people as we labor to provide excellence in supporting the ministries of College Church.

To God be the glory.

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