2014 Columbia Union Annual Report

EXPERIENCE

the

MISSION 2014 ANNUAL REPORT

FROM THE PRESIDENT HOW DO WE EXPERIENCE THE MISSION? This experience drew me closer to Jesus and led to my commitment to share His life-transforming message of love, grace and hope and invite people to accept Him as their Lord and Savior.

Here in the Columbia Union, we also experience the mission of Christ in many tangible ways: Through our values.

Through our priorities.

Through our ministries of healing and education.

For several years now, our motto in the Columbia Union has been “Experience the Mission.” This phrase aptly expresses how we as members and leaders relate to the mission of the worldwide Seventh-day Adventist Church.

Through our administrative role of providing governance and support services for our conferences, schools, hospitals and other organizations.

And through our actions within the body of Christ—practicing what we preach, walking our talk, serving as the hands and feet of Jesus, and cooperating with the Holy Spirit to reach hearts and minds.

That mission is “to call all people to become disciples of Jesus Christ, to proclaim the everlasting gospel embraced by the Three Angels’ Messages (see Revelation 14:6-12) and to prepare the world for Christ’s soon return.” It is closely supported by the vision statement, “Guided by the Bible and the Holy Spirit, we pursue this mission through Christlike living, communicating, discipling, teaching, healing and serving.”

As we acknowledge the shared accomplishments in this report, may we all recommit ourselves to not just proclaiming, facilitating and funding the mission. May we all—men and women alike—truly seek to experience the mission.

In my experience, this is best understood individually and collectively in the context of action and experience. As a young adult, when I participated in a summer evangelism program, I sensed a need for God in the people I met and had the opportunity to share my faith with them.

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Courage,

Dave Weigley President

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MISSION, VALUES & PRIO RITIES MISSION The Columbia Union Conference exists to advance and fulfill the mission of the Seventh-day Adventist Church in the Mid-Atlantic United States. We provide administrative leadership, governance, and support services to our conferences, ministries, healthcare networks, elementary and secondary schools, college and university. Above all, we assist and enhance the ministry of these organizations in sharing the Three Angels’ Messages and preparing people—locally and globally—for Christ’s soon return.

VALUES In the Columbia Union Conference, we pray and strive to embrace and embody: Christlikeness | Unit y | Respect | Excellence | Equalit y | Integrit y | Ser vice

2011-2016 PRIORITIES The Columbia Union Conference will further the work of the Seventh-day Adventist Church by prioritizing:

Youth/Young Adults — Engage and partner with youth and young adults to further the mission of the church Evangelism — Impact our communities by revealing the love of Christ, inviting people to accept Christ as their Savior and sharing the distinct Seventh-day Adventist message Education — Foster excellence in spiritual and academic development in Adventist schools and support programs that promote affordability and increased enrollment

3

Local Church Revitalization — Promote healthy families and churches by uniting members through personal spiritual renewal and active engagement in ministry Innovation in Church Ministry — Embrace innovation in ministry to respond relevantly to the changing needs of our church and community Leadership Development — Maximize the vitality of the church by supporting leadership development, promoting effectiveness and assuring equality

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PRESIDENT’S RE PORT

2014 HI GHLI GH TS

We voted to establish a young adult evangelism training initiative.

REACH SCHOOL OF EVANGELISM Based in Philadelphia, REACH Columbia Union Urban Evangelism​ School offers a unique and immersive learning experience in urban ministry. Students will develop a working understanding of the cycle of transformational evangelism through personal, public and literature evangelism. As they connect with people in the community to bring lasting change, they will learn valuable leadership and life skills.

We voted Pastor Tara VinCross, DMin, a young adult, to serve as director.

She brings a wealth of experience having served in the Pennsylvania Conference as a senior pastor of an urban church, a church planter and director of their annual summer youth evangelism program. She will facilitate a diverse, hands-on experience in discipleship, community development, urban agriculture and various aspects of evangelism in partnership with churches in Philadelphia and across the Columbia Union.

In addition, we established a partnership and signed a memorandum of understanding with Washington Adventist University to offer 12 credits to our students. This will make our school the only accredited evangelism school, providing vibrant discipleship and academic excellence.

TRANSITIONS PROMOTED

Celeste Ryan Blyden Vice President for Strategic Communication and Public Relations

THANK YOU

Ruben Ramos

Vice President for Multilingual Ministries

Beth Michaels Visitor Editor

Tabitha Martinez

Associate Treasurer

Jim Greene

W. G. Nelson

Executive Secretary Dean of Academic (9 Years) Affairs (6 Years) New Jersey Conference Kettering College 48.8 years total service

Joyce Newmyer

President (5 Years) Washington Adventist Hospital

WELCOME

We named the first female vice president in our 119-year history.

Nate Brandstater President Kettering College

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Ruth Abbott

Dean of Academic Affairs Kettering College

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Terry Forde

President and CEO Adventist HealthCare

Erik Wangsness

President Washington Adventist Hospital

Tara VinCross Director Columbia Union REACH School

SENATE PRAYER AND SYMPOSIUM President’s Council visited Capitol Hill for a momentous experience.

Walter Carson and Gary Ross organized an informative symposium on religious freedom and end-time events and Celeste Ryan Blyden worked with Chaplain Barry Black to coordinate the prayer, which aired live on C-Span2.

The prayer included six Bible texts and the “Doxology,” and espoused Adventist beliefs in creation, the Second Coming, religious liberty and community service.

Black is the first Seventh-day Adventist Senate chaplain and graciously hosted our conference presidents, union officers and vice presidents (pictured). “In 11 years, your group represents the greatest number of Seventh-day Adventist leaders who have ever visited my office,” he shared.

United States Senate Chaplain Barry Black invited me to serve as guest chaplain and open the March 4 session with prayer.

PRAYER FOR THE U.S. SENATE Almighty God, Creator and Maker of all.

Who sits enthroned above the Earth, and in whom we live, move and have our being.

We praise You from whom all blessings flow.

We thank You for Your sustaining power, for peace and for the freedoms we enjoy.

We ask Your blessing on our nation, leaders and lawmakers. Establish their steps, and give them discernment and courage to act justly, love mercy and walk humbly.

Strengthen them to uplift those who are downcast, who need the compassionate touch of a brother or sister’s hand.

Above all, may Your Kingdom come, may Your will be done, and may we readily incline our ears to Your call today.

This we pray in Your holy and righteous name.

Amen.

YOUNG ADULT ADVISORY “When it comes to reclaiming and re-engaging young adults, the Columbia Union wants to take the lead,” says Sanjay Thomas, chair of the special subcommittee (pictured) that includes: Natalie Chandler, Marcia Moore, Claudya Hernandez Barrientos, Tim Ko, Thomas and Jason Ridley—all members of the Columbia Union Executive Committee.

We created a Young Adult Subcommittee to recommend ways to engage members of the Millennial generation.

The Executive Committee approved their recommendations that each conference must have a young adult serve on the executive committee, and each should appoint a young adult coordinator.

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PATHFINDER CAMPOREE We supported the International Pathfinder Camporee, a once-in-alifetime learning experience for youth aged 10 to 15.

Some 46,000 youth, parents and pastors gathered in Oshkosh, Wis., for the International Pathfinder Camporee themed “Forever Faithful,” and thousands of Columbia Union youth were among them. They spent several days worshipping, earning patches, learning new skills, making new friends from around the world and trading pins. Most Pathfinders only attend this quinquennial event once, and many commit their lives to Christ through baptism.

In addition, a record 16 local church Pathfinder teams advanced to the union level Pathfinder Bible Experience.

A CARAVAN OF HOPE Nearly 50 people were baptized after New Jersey’s statewide campaign.

For the first time, the yearlong Caravan of Hope, an evangelistic effort across the state, was promoted to the New Jersey Conference English speaking churches.

I had the priviledge of speaking at the Wayne (NJ) church for one week of the effort. The campaign yielded a total of 49 new members and many others rededicated their lives to Jesus.

NOTABLE PERSONS OF HONOR We recognized men and women who have faithfully served our Lord, church and community.

2014 HONOREES Terri Day, president, Kettering Adventist HealthCare Vince Waln, lay member and financial planner in Ohio Carl Rogers, special assistant to the president, Allegheny West Conference Peggy Lee, secretary/treasurer of the Columbia Union Revolving Fund Sandra L. Martin, director, ACTS9 Adventist Community Services Center in Hagerstown, Md., represented by Mary Ellen Kirk  Jim Greene, retiring executive secretary, New Jersey Conference  Fred Manchur, CEO, Kettering Adventist HealthCare  John Wagner, principal, Shenandoah Valley Academy (not pictured)

    

 Honorees (L to R):

Vince Waln, Carl Rogers, Peggy Lee, Mary Ellen Kirk on behalf of Sandra Martin, Jim Greene and Fred Manchur

 Terri Day stands

with Rob Vandeman, Dave Weigley and Seth Bardu.

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SECRETARIAT

132,610

2009

Rob Vandeman, executive secretary, serves as the official record keeper for membership and meeting minutes, etc. He lends administrative support and governance to our conferences, healthcare networks and university boards and committees; chairs them in my absence; and is a frequent presence at our local conference executive committees. He also chairs the Columbia Union K-12 Board of Education and is president and chairman of the board of WGTS 91.9 FM, our university’s radio ministry with more than 600,000 weekly listeners in the Baltimore– Washington area.

Almost 4,500 people joined our church family in 2014, bringing union membership to 142,809.

UNIONWIDE MEMBERSHIP

*In 2010 and 2011, there were significant adjustments/corrections by several conferences as they transitioned to the eAdventist membership software, which impacted overall membership numbers.

136,193*

135,278*

2010

2011

137,782

2012

139,571

2013

142,809

2014

TREASURY Treasurer Seth Bardu started a two-year program to prepare assistant or associate conference treasurers for greater responsibilities. “We have to be intentional about providing sound leadership for the future,” he says. “The mission of the church drives everything we do, and that means going beyond the bottom line and understanding the policies of the church and how to relate to staff and board members, etc. It even means that we sometimes prioritize humanity over policy.”

His protégés complete homework assignments, onsite visits, opportunities to present the financial statement at local conference executive committees and read books on leadership.

UNIONWIDE TITHE INCOME (In Millions of Dollars)

119.5

119.3

2011

2012

122.6 121.3

116.9 2010

The Columbia Union Conference retained $9.9 million in tithe during 2014, allocated as illustrated:

2013

2014

We’re thankful for a tithe increase of $1.3 million in 2014.

HOW TITHE IS SPENT Washington 11% • Adventist University Retirement 14% • Returned to 18% • Conferences

7

•

4% Auditing

• 10% NAD & World Church • 43% Operations

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H E ALTH C ARE & EDUCATION MINISTRIES ADVENTIST HEALTHCARE Adventist HealthCare helped bring more than 7,000 newborns into the world.



$77 The

amount in millions AHC provided in charity care

New president and CEO Terry Forde and his team unveiled a new logo that incorporates an artistic rendering of the Adventist flame and hosted health ministry leaders from across the nation who discussed the importance of faith in delivering healthcare. Adventist HealthCare Washington Adventist Hospital welcomed a new president and opened a comprehensive women’s breast care center that provides the latest advances. All three main hospitals in Maryland and New Jersey, as well as Adventist Home Health, earned noteworthy awards for quality and performance.

KETTERING ADVENTIST HEALTHCARE We celebrated 50 years of providing simple acts of service that make a difference in people’s lives.



263 The number of Bible

study requests received at Kettering hospitals in 2014

CEO Fred Manchur and his team continue to seek ways to share faith and hope with patients who visit their eight hospitals in and around Dayton, Ohio. Over 700 patients receive a card (below) each morning featuring passages of Scripture about God’s healing love and offering chaplaincy services. Visitors to all Kettering emergency rooms also receive a beautifully designed booklet that, since 2012, has yielded more than 500 requests for Bible studies.

These are followed up by Bible workers and volunteers from the local Adventist churches.

In October they started a 60-second video devotional with Pastor Steve Carlsen (right) that’s seen by nearly 3,000 viewers each week.

As they told employees at their 50 th anniversary celebration, “Worship is a conduit for healing.”

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WASHINGTON ADVENTIST UNIVERSITY At the annual campus revivals, 70 students gave their lives to Christ in baptism.



248,800 The number of listeners who joined the WGTS 91.9 radio station prayer network

President Weymouth Spence is pleased with the strong Campus Ministries programs that are not only growing students spiritually, but leading them to commit their lives to Christ through baptism. The Education Department, led

by Jeanette Bryson (left), received endorsement from the North American Division Office of Education.

The university met or exceeded all standards, earning the maximum six-year endorsement through 2020.

KETTERING COLLEGE We continue to see new programs, renovations and upgrades on campus.



$9,000 The amount raised

for the Good Neighbor House by 500 participants in the annual 5K

Kettering College, where we welcomed new president Nate Brandstater, continues to grow and expand. They gained approval for a doctoral program in occupational therapy, making Kettering College one of 14 such schools in the U.S. to offer an entry-level doctoral program for occupational therapy.

They introduced a newly accredited three-year respiratory care bachelor’s degree, renovated the respiratory lab and the campus store and received the Distinguished Registered Respiratory Therapist Credentialing Success award.

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MINIST RIES & SE RVICES OFFICE OF THE GENERAL COUNSEL This office ensures that the Lord’s work is performed in an orderly and proper manner.



$1,150,000 Amount of funds

distributed in trust and charitable gift annuities

Vice president and general counsel Walter Carson, Esq., serves as legal counsel to the Columbia Union Conference Association, Columbia Union Revolving Fund and other ministries. In 2014 he spoke at churches throughout the union to spotlight religious freedom and hosted a symposium for union and conference leaders featuring Dwight Nelson, Douglas Morgan and Jon Paulien that also included a meeting with U.S. Senate Chaplain Barry Black.

He continues to assist members in seeking workplace religious accommodations; earned a three-year Level A certification for the Union’s Planned Giving and Trust Services work from NAD’s Certification and Accreditation Committee; and provided counsel on a number of important legal matters.

OFFICE OF EDUCATION This office nurtures, supports and facilitates excellence in education.



88 Number of elementary

and secondary schools in the Columbia Union

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Vice president Hamlet Canosa, EdD, and his team provide purposeful servant leadership and administrative support and help schools make a measurable, positive difference in our local conference education ministries.

In 2014 they assisted conferences with key leadership and program transitions; provided guidance and seminars in best practice and board governance; facilitated growth in the PreK-12 enrollment, seen in three of the last four years; advised and assisted Washington Adventist University with its educational evaluation process; and, in collaboration with the Commonweal Foundation, helped provide training for 80 more teachers in differentiated instructional strategies that directly impact individualized student learning.

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OFFICE OF MINISTRIES DEVELOPMENT This office partners with conferences to develop and support innovative ministries and initiatives.



$325,000 Amount Bondurant

secured to fund Columbia Union church planting projects

Vice president Frank Bondurant led in the creation of a Young Adult Advisory of members of our executive committee who share our passion to minister to and reclaim this segment of our membership.

He also led in the development, planning, fundraising and promotion for our new Columbia Union REACH Urban School of Evangelism.

He brought together the Allegheny East, Chesapeake and Potomac conferences to collaborate, plan and prepare for our Prophecies of Hope evangelism initiative with 100 churches in the BaltimoreWashington area. He administered evaluations of leaders at the union, two conferences and our university, and continued to serve as liaison between the NAD departments and ministries and our local conference departmental personnel.

OFFICE OF MULTILINGUAL MINISTRIES This office coordinates initiatives that target the many diverse cultures who live and work in the Columbia Union.



26,271 Number of Hispanic members in the Columbia Union

In his new role as vice president, Rubén Ramos assists our conferences and ministries with efforts to reach ethnic groups in our eight-state region. Organizing evangelism efforts, planting churches and training lay members to work with pastors is an effective strategy that’s growing our Hispanic, Haitian and other ethnic ministries. In 2014 Ramos preached and conducted training events as part of the School of Discipleship for the Allegheny East, Chesapeake and Pennsylvania conferences; preached at several camp meetings; and led 13 weeks of revival that yielded 71 baptisms.

OFFICE OF STRATEGIC COMMUNICATION AND PUBLIC RELATIONS This office works to connect, engage and inspire our internal and external audiences.



136,000 Number of people reached through Visitor print and online platforms

In her new role as vice president, Celeste Ryan Blyden transitioned from day-to-day editing of the Visitor magazine and its various platforms but continues to carry the publishing duties. She and her team launched a designated news website that drew more than 33,000 unique visitors. At the annual communication advisory, they presented awards of excellence to conference and institutional communication directors. She also met with a number of Adventists who work in government to discuss public relations opportunities for our churches.

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INFORMATION TECHNOLOGY SERVICES ITS supports our mission by connecting people and data for effective and efficient communication.



400 Number of users moved to

Through technology services, Harold Greene and his team keep our union operating and functional. In 2014 they continued to provide daily network, accounting and payroll support throughout the Columbia Union; oversaw the unionwide conversion to Office 365; upgraded the office audiovisual design and equipment; and upgraded the network at Highland View Academy.

Office 365 email

COLUMBIA UNION REVOLVING FUND Since 1968 CURF has provided low-interest funding for our churches, schools and ministries.



64 Number of new loans

It has been 47 years since the Columbia Union established a revolving fund to plant seeds of growth. Led by secretary/treasurer Peggy Lee, CURF continues to make ministry possible by funding purchasing, building and renovation projects. In 2014 they voted 64 new loans, most of which has been drawn, bringing their total to 301 loans outstanding, with a total loan balance of over $98.59 million.

granted in 2014

This $5 million, 25,000-sq.-ft. facility will serve the worship, ministry and outreach needs of Potomac Conference’s Restoration Praise Center in Bowie, Md.

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FINANCIAL STATEMENTS STATEMENT OF FINANCIAL POSITION Period Ending December 2014 and 2013

ASSETS Current Assets Cash and Cash Equivalents Investments Accounts Receivable Notes and Loans Receivable Inventory Prepaid Expense and Other Current Assets Cash held for Agency Funds Inter-Fund Receivables* Total Current Assets

Plant Assets (Net)

Other Assets Cash and Investiment - Non-Operating Accounts Receivable - Annuity Fund Notes Receivable, Long-term Irrevocable Split-interest/Unitrust Agreements Other Assets Inter-Fund Loan Receivable, Long Term Total Other Assets Total Assets

LIABILITIES Current Liabilities Remittance Payable Accounts Payable Offering Funds and Agency Accounts Other Liabilities, Current Inter-Fund Accounts Payable* Total Current Liabilities

Other Liabilities Accounts Payable For other than Operating Funds: Accounts Payable Other Liabilities, Long-term Total Other Liabilities Total Liabilities

NET ASSETS Unrestricted: Unallocated Unrestricted: Allocated Unrestricted: Allocated Other Funds Unrestricted: Allocated Endowment Unrestricted: Allocated Investment in Plant Total Unrestricted Temporarily Restricted Permanently Restricted Total Net Assets Total Liabilities & Net Assets

OPERATING FUNDS

PLANT FUND

1,614,847 1,945,468 8,756,096 4,937,743 55,600 106,526 77,452 6,085 17,499,818

- - - - - - - 16,508 16,508

- - - - - - - - -

1,614,847 1,945,468 8,756,096 4,937,743 55,600 106,526 77,452 - 17,493,733

2,451,087 1,425,322 8,180,868 4,854,382 59,034 96,625 93,137 - 17,160,455

-

3,020,715

-

3,020,715

3,094,611

- - - - - - - 17,499,818

5,412,488 - 3,974,293 - 7,908 - 9,394,689 12,431,912

384,138 - 166,488 874,126 576 - 1,425,328 1,425,328

5,796,626 - 4,140,781 874,126.00 8,484 - 10,820,017 31,334,465

5,436,966 7,200 4,037,150 1,600,023 47,316 - 11,128,655 31,383,721

5,831,617 749,305 77,452 8,880 16,508 6,683,762

- - - - 4,997 4,997

- - - - 1,088 1,088

5,831,617 749,305 77,452 8,880 - 6,667,254

5,722,955 1,214,638 93,137 2,594 - 7,033,324

-

-

-

-

160,055

- 175,731 175,731 6,859,493

- 20,550 20,550 25,547

- 1,190,879 1,190,879 1,191,967

- 1,387,160 1,387,160 8,054,414

20,236 1,964,030 2,144,321 9,177,645

10,357,077 40,000 - - - 10,397,077 243,248 - 10,640,325 17,499,818

- 9,385,650 - - 3,020,715 12,406,365 - - 12,406,365 12,431,912

- - 97,064 - - 97,064 61,297 75,000 233,361 1,425,328

10,357,077 9,425,650 97,064 - 3,020,715 22,900,506 304,545 75,000 23,280,051 31,334,465

9,810,193 8,942,575 90,471 - 3,094,611 21,937,850 193,226 75,000 22,206,076 31,383,721

OTHERS FUNDS

TOTAL 12/2014

TOTAL 12/2013

*Inter-fund borrowing is eliminated in the total columns. Statements are subject to audit.

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STATEMENT OF CHANGES IN NET ASSETS Period Ending December 2014 and 2013

UNRESTRICTED NET ASSETS Unrestricted Revenues and Gains Gross Tithe Income (-) Tithe % to GC/Division Net Tithe Income Tithe Exchanged with Division Non-tithe Funds from Division Appropriations Received Direct Operating Income Matured Deferred Gifts Investment Earnings Other Income Changes in Irrevocable Agreements Total Unrestricted Revenues Net Assets Released from Restrictions Total Unrestricted Support Expenses and Losses Program Services Functions Church Ministries Educational Publishing Special Services Total Program Services Functions Supporting Services Functions Conference Administration Auditing Conventions & Meetings Office Operations & Maintenance Other Supporting Services Total Supporting Services Functions Total Expense Net Incr.(Decr.) from Operations Nonoperating Activity: Non-operating Income Non-operating Expense Net Transfers Between Funds, In (Out) Realized Gain(Loss) on Sale of Assets Unrealized Gain(Loss) on Investments Net Assets Released from Restrictions Total Net Nonoperating Activity Increase (Decrease) Unrest. Net Assets TEMPORARILY RESTRICTED NET ASSETS Restricted Income Appropriations Received & Other Income Investment Earnings (Endowment) Matured Annuity, Trust, and Wills Split-Int. Agreem.Present Value Adjustment Total Restricted Income Received Net Assets Released from Restrictions Operating Functions Increase (Decr.) Temp. Res. Net Assets TOTAL NET ASSETS Increase (Decrease) Net Assets Total Net Assets, Beginning Total Net Assets, Ending

OPERATING FUNDS

PLANT FUND

OTHERS FUNDS

TOTAL 12/2014

TOTAL 12/2013

11,151,785 (1,119,887) 10,031,898 (1,614,045) 1,614,045 218,460 633,381 22,221 90,607 1,333,091 - 12,329,658 9,177,891 21,507,549

- - - - - - - - - - - - - -

- - - - - - - - - - - - - -

11,151,785 (1,119,887) 10,031,898 (1,614,045) 1,614,045 218,460 633,381 22,221 90,607 1,333,091 - 12,329,658 9,177,891 21,507,549

11,007,234 (1,104,544) 9,902,690 (1,487,061) 1,487,061 214,475 630,880 - 86,912 1,259,195 - 12,094,152 9,876,858 21,971,010

4,363,454 7,967,852 49,661 3,289,648 15,670,615

- - - - -

- - - - -

4,363,454 7,967,852 49,661 3,289,648 15,670,615

4,200,865 7,960,388 61,149 4,051,979 16,274,381

2,561,174 478,292 58,623 271,871 1,704,604 5,074,564 20,745,179 762,370

- - - - 157,932 157,932 157,932 (157,932)

- - - - - - - -

2,561,174 478,292 58,623 271,871 1,862,536 5,232,496 20,903,111 604,438

2,615,626 561,413 283,713 253,476 1,588,508 5,302,736 21,577,117 393,893

- - (205,032) - (10,454) - (215,486) 546,884

362,726 (7,021) 205,032 14,136 (7,762) - 567,111 409,179

11,271 (29,551) - (158) 13,139 31,410 26,111 26,111

373,997 (36,572) - 13,978 (5,077) 31,410 377,736 982,174

160,729 - - - - 44,004 204,733 598,626

9,299,352 - - - 9,299,352

- - - - -

- - - 1,750 1,750

9,299,352 - - 1,750 9,301,102

9,890,131 35,506 - 91 9,925,728

(9,177,891) 121,461

- -

(31,410) (29,660)

(9,209,301) 91,801

(9,920,862) 4,866

668,345 9,971,980 10,640,325

409,179 11,997,186 12,406,365

(3,549) 236,910 233,361

1,073,975 22,206,076 23,280,051

603,492 21,602,584 22,206,076

This report is intended for management use only.

This is not intended to be a complete financial statement for the organization as a whole.

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STATEMENT OF CASH FLOWS Period Ending December 2014 and 2013

OPERATING FUNDS

Cash Flows from Operating Activities: Increase (Decrease) in Net Assets Prior Period Adjustment Adjustments to reconcile change in net assets to net cash provided: Depreciation Expenses Annuities Actuarial Adjustment Unrealized (Gain) Loss in Fair Value of Investments Annuitiy Fund Income Less Payments Annuities Actuarial Adjustment (Increase) Decrease, Accounts Receivable (Increase) Decrease, Inventory and Prepaid Increase (Decrease), Accounts Payable Increase (Decrease), Deferred Income Increase (Decrease), Long-Term Accounts Payable Increase (Decrease) Trust Funds

Net Cash Provided (Used) from Operating

Cash Flows from Investing Activities: Proceeds from Sale or Maturity of Investments Purchase of Investments Proceeds from Sale of Assets Purchase of Assets New Notes Receivable Issued & Accrued Interest Payments Received on Loans Receivable

Net Cash Provided (Used) from Investing

Cash Flows from Financing Activities: (Proceeds) Payments Accounts Receivable Proceeds (Payments) Accounts Payable Proceeds (Payments) Inter-Fund Borrowing Increase (Decrease), Liability to Other Entities Annuities Investment Income Annuity Payments Matured Annuities Distributed Matured Trust Distributed Trust Assets Trust Due to Others

Net Cash Provided (Used) from Financing

Increase (Decrease) Cash and Equivalents Cash and Equivalents, Beginning

Cash and Equivalents, Ending

PLANT FUND

OTHER FUNDS

TOTAL 12/2014

TOTAL 12/2013

668,345 -

409,179 -

(3,549) -

1,073,976 -

603,492 -

- - 10,454 - - (575,228) (6,468) (356,671) 6,286 15,676 -

159,991 - 7,764 - - - (7,908) - - - -

- (17,341) (22,919) 52,400 - - - - - - -

159,991 (17,341) (4,701) 52,400 - (575,228) (14,376) (356,671) 6,286 15,676 -

162,054 1,377 (62,986) 110,976 150,347 236,229 24,814 512,705 (16,468) 28,648 -

(237,606)

569,026

8,591

340,011

1,751,188

416,000 (946,600) - - - (83,361)

1,771,756 (2,161,948) (86,095) - (299,146) 197,580

115,639 (73,572) - - - (2,065)

(613,961)

(577,853)

40,002

(1,151,812)

(685,401)

- - 15,327 - - - - - - -

- 314 8,513 - - - - - - -

7,200 - 2,476 (3,598) (10,044) (40,519) (1,837) (22,696) 772,637 (752,212)

7,200 314 26,316 (3,598) (10,044) (40,519) (1,837) (22,696) 772,637 (752,212)

(4,558) 6,124 - (1,430) (40,139) (61,531) (9,306) - 22,738 (22,826)

15,327

8,827

(48,593)

727,773

(110,928)

(836,240) 2,451,087

- -

- -

(836,240) 2,451,087

954,859 1,496,228

1,614,847

-

-

1,614,847

2,451,087

2,303,395 3,011,233 (3,182,120) (2,870,933) (86,095) (99,040) - - (299,146) (1,606,727) 112,154 880,066

This report is intended for management use only.

This is not intended to be a complete financial statement for the organization as a whole.

15

Co lu m b i a U n i o n Co nfe re nce 2 0 1 4 Annual Repo rt

2011-2016 EXECUTIVE COMMITTEE Dave Weigley, Chair Rob Vandeman, Exec. Secretary Seth Bardu, Treasurer

INSTITUTIONS Terry Forde Adventist HealthCare

Rodney Luttrell Scott Shafer*

K-16

Fred Manchur Kettering Adventist HealthCare

NEW JERSEY CONFERENCE

Hamlet Canosa Cynthia Poole-Gibson

CONFERENCE PRESIDENTS Henry Fordham Allegheny East

William Cox, Sr. Allegheny West Rick Remmers Chesapeake Larry Boggess Mountain View José Cortés New Jersey Ron Halverson, Jr. Ohio Ray Hartwell Pennsylvania William Miller Potomac

MOUNTAIN VIEW CONFERENCE

Weymouth Spence Washington Adventist University

Marie Blot Marisa Medina Vilas Urtekar

ALLEGHENY EAST CONFERENCE

OHIO CONFERENCE

Paula Barnes Jean Claude Cenatus Marcus Harris* Bonnie Heath Albert Kelly Beverly Miles Marcia Moore

Lori Farr* Tim Ko** Vince Waln

PENNSYLVANIA CONFERENCE

ALLEGHENY WEST CONFERENCE Deborah Hill Melvin Pascall Jason Ridley* ** Robert Walker

Dennis Austin* Natalie Chandler Christina Ivankina Bill Oblitey

POTOMAC CONFERENCE Claudya Barrientos** Renee Battle-Brooks Franklin David* David Dildy Carlsen Griffith Dorys Horner Sanjay Thomas**

CHESAPEAKE CONFERENCE Walter Alonso Richard Bacon Lisa Burrow Frank Zollman*

* Church Employee ** Young Adults

Columbia Union Conference of

Seventh-day Adventists ®

5427 Twin Knolls Road, Columbia, MD 21045 (410) 997-3414 | www.columbiaunionadventists.org © 2015 Columbia Union Conference of Seventh-day Adventists ® All Rights Reserved.