Finance Elder: Allan Watson Staff Liaison: Pastor Jim Noble Members: Oran Brown, Scott Core, Lisa Loran, Kristen Micurescu
Stewardship Campaign: The 2022 stewardship campaign targeted a realistic goal of $880,000 in pledges from member’s and friends who were asked to prayerfully increase their pledges. When The Finance Committee is responsible for both the drive came to a close we received stewardship (encouraging members and $875,228 in pledges. friends to make financial contributions to our Church) and for making the initial deci- The 2022 requesting budget totaled approxisions on how contributions will be spent mately $1,180,000 for the campaign. At (subject to Session review and approval). the January Session meeting the 2022 budget was approved as amended with proIndependent Review Committee: jected receipts and expenses from various At the direction of the Session an Independent sources totaling $1,188,183 with $5,205 Financial Review Committee was appointhaving been appropriated from the Excess ed to provide a review of the Church’s fiFunds Reserve. nances and accounting practices independent of the Session and Finance Committee. Positioning: The review is conducted pursuant to the We ended 2021 with a surplus of $154,778 Church’s Independent Financial Review ($112,000 was PPP Loan Forgiveness). Guidelines and Procedures, updated DeTotal receipts were $49,648 less than budgcember 7, 2018. Each year the IFR Cometed and expenses were $204,426 less than mittee focuses on the practices in the prebudgeted. Pledge income surpassed initial ceding year, so that the 2021 IFR Commitnumbers submitted at the end of 2020 by tee reviewed 2020 financial practices. $7,892. Non pledge offering was $928 less than budgeted. The church continues imThe 2019 IFR Committee recommended “the proving programs and initiating or finishing Session consider having an accounting firm projects that position us for the future. We review the adequacy of the internal controls have updated our facilities to accommodate themselves at regular intervals.” They also more children and youth and we have a suggested a further review of these controls very inviting atmosphere for everyone. every five years. The Session agreed and a Uncertainty remains as COVID continues Financial Policies Review was conducted to be a presence in our lives but God confor a $4,000 fee by the same accounting tinues to bless our Church’s finances even firm that has prepared the audit for the with additional costs. 2021 was a year of Church Foundation. The report has been significant change for DHPC but positionsubmitted to the finance committee and reing continues to bring us opportunity for ceived by the Session. the long term. With the addition of online streaming we continue to market our Those serving on the 2021 IFR Committee Church for potential growth and outreach in were Jenifer Zylwitis, Melissa Masles and several ways and be MORE PEOPLE, Gordon Gaddy. The Session and the FiMORE LIKE CHRIST! nance Committee welcome this independent study and intend to study and respond Other Notable Event: to the suggestions made in the Report. On May 1, 2020 the church received a Thanks to the members of the IFR Commit$112,000 loan from the Small Business Adtee for their valuable oversight service to ministration as part of the Paycheck Protecour Church. tion Program in the first CARES Act. On March 5, 2021 DHPC registered for PPP
Desert Hills Presbyterian Church • 2021 ANNUAL REPORT
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