2010
403
AUDITOR’S REPORT
COUNCIL OF FINANCE AND ADMINISTRATION OF THE WEST MICHIGAN ANNUAL CONFERENCE OF THE UNITED METHODIST CHURCH COMBINING STATEMENT OF SUPPORT, REVENUE AND OTHER RECEIPTS, EXPENSES, OTHER DISBURSEMENTS AND CHANGES IN NET ASSETS - MODIFIED CASH BASIS YEARS ENDED DECEMBER 31, 2009 (with comparative totals for the year ended December 31, 2008) 2009
SUPPORT, REVENUE AND OTHER RECEIPTS: Support and revenue: Ministry shares Special offerings Investment income (loss) Camp registration and rental fees Other income Net assets released from restrictions
$
Total support and revenue Other receipts: Overfunded pension refund Pension billings Insurance billings Total support, revenue and other receipts EXPENSES AND OTHER DISBURSEMENTS: Expenses: Salaries Health and life insurance Pension and post-employment benefit expense Other employee costs Training and continuing education Travel, meeting and moving expenses Operating and administrative expenses Parsonage and building expenditures World Service Programs and conference benevolences Depreciation Remittances to General Conference Total expenses Other disbursements: Remittances to Board of Pensions Health and life insurance Total expenses and other disbursements Increase (decrease) in net assets before transfers
World Service Ministerial Camping and and Six Lanes Education Outdoor Conference Education Benevolence and Advance and Black Specials fund College fund fund fund
2,504,888 171,525 164,421 78,748 -
$ 2,556,233 5,600 33,741 11,868 51,153
2,919,582 82,177
$
$
1,224,671
$ 368,325 -
883,622 183,019 66,333
2,658,595
1,224,671
368,325
1,132,974
1,720,771
-
-
-
-
2,246,667 3,485,380
3,001,759
2,658,595
1,224,671
368,325
1,132,974
7,452,818
955,960 171,706 112,003 34,704 5,444 272,472 538,282 60,469 491,495 352,072
482,251 74,188 36,534 27,351 2,474 35,045 80,827 989,258 866,472 25,790
1,077,519 147,152
64,483 303,842
404,510 45,822 11,716 41,245 635 244 325,250 74,670 351,546 -
2,994,607
2,620,190
1,224,671
368,325
1,255,638
2,902,093
-
-
-
-
-
775,054 1,639,915
2,994,607
2,620,190
1,224,671
368,325
1,255,638
5,317,062
7,152
38,405
-
-
(122,664)
Transfers
118,200
(57,656)
-
-
(13,355)
Increase (decrease) in net assets
125,352
(19,251)
-
-
(136,019)
Net assets - beginning of year Net assets - end of year
1,097,289 $
Pension and Health Benefits and Life Insurance fund
1,222,641
21,276 $
2,025
$
-
$
-
$
2,793,702 (3,311) 1,385 106,864 3,453 -
2,135,756 (100,000) 2,035,756
45,505 $
(90,514)
84,049 1,632,308 4,414 -
14,707,546 $
16,743,302
19
AUDITOR’S REPORT
Connectional Ministry and Administration fund