Finances
May financial report
Stan Helmuth, Ohio Conference financial coordinator, has finalized the May financial statements; May is the second month of the fiscal year. While congregational giving was higher in May than in April, expenses are still exceeding receipts. Staff continues to keep expenses below budget, but giving also continues to be below budget. As of May 31, the conference has a $12,478…
First month of fiscal year complete
Ohio Conference’s fiscal year began on April 1 and ended its first month with just over a $3,000 deficit. In comparison, the past two fiscal years had over a $14,000 deficit after the first month. While receipts were low, expenses were almost $8000 lower than budgeted. The budget this year is based on $250,000 in contributions from congregations and $40,000…
Fiscal year closes with a deficit
Ohio Conference’s fiscal year closed on March 31, 2024, with a $47,192 deficit according to figures provided by Financial Coordinator Stan Helmuth. Receipts for the month were $22,440, a $14,695 increase over February. Expenses for March were up slightly over February at $33,298 due to Annual Conference expenditures. The ending yearly deficit is the largest the conference has experienced in…
Giving drops sharply in February
Giving to Ohio Conference dropped sharply in February, according to figures provided by Financial Coordinator Stan Helmuth. Receipts for the month totaled just $7,745, including $5,521 in giving from congregations. In contrast, receipts for January were $60,875, by far the highest monthly total in fiscal year 2023-24. Expenses for February totaled $25,159, resulting in a deficit of $17,414 for the…
Deficit shrinks during January
Strong congregational giving to Ohio Conference during January resulted in the Conference’s highest monthly receipts by far for the 2023-24 fiscal year. Receipts for January totaled $60,875, including $50,397 in giving from congregations. In comparison, congregational giving in December totaled just $21,569. Expenses for January totaled $36,417, resulting in a surplus of $24,458 for the month. As of the end…
Giving increases during December
Giving to Ohio Conference increased during December. Receipts for the month totaled $31,476, including $21,569 in congregational giving and $9,885 in gifts from individuals. In contrast, receipts for the month of November totaled just $20,839. Expenses for December totaled $30,612, resulting in a small surplus of $864 for the month. As of Dec. 31, Ohio Conference’s operating balance for 2023-24…
Deficit increases during November
During November giving to the Ohio Conference was lower than expenses for the third month in a row. Receipts during November totaled $20,839, including $20,515 in giving from congregations. Expenses for the month were $23,334, resulting in a deficit of $2,495 for the month. After the first eight months of the 2023-24 fiscal year, the year-to-date operating balance stands at…
Deficit increases during October
Ohio Conference’s expenses outpaced giving during October. Receipts for the month totaled $18,589, including $18,462 in giving from congregations. Expenses for October totaled $26,130, resulting in a deficit of $7,541 for the month. As of Oct. 31, the Conference’s year-to-date operating balance was -$41,747. The Conference fiscal year ends March 31, 2024.
Congregational giving drops during September
Congregational giving to the Ohio Conference dropped during September, while giving from individuals increased during the same month. During September, congregations contributed a total of $13,960, compared to $24,973 contributed during August. On a more positive note, the Conference received $5,100 from individuals during September. Total receipts for September were $19,094, and expenses for the month were $28,741, resulting in…
Conference deficit decreases slightly in August
Ohio Conference’s year-to-date deficit decreased slightly during August. Ohio Conference’s income totaled $25,105 during August, including $24,973 in giving from congregations. Expenses during August totaled $24,737, resulting in net income of $368 for the month. Despite the small surplus during August, the Conference continues to run a deficit in 2023-24. As of Aug. 31, the Conference’s operating balance for the…
Deficit increases during July
Ohio Conference’s year-to-date deficit increased during July, according to figures provided by Financial Coordinator Stan Helmuth. However, giving to the Conference was higher in July than in the previous month. Receipts during the month of July totaled $24,297, compared with just $13,531 in June. Even so, expenses for July were greater than receipts, resulting in a deficit of $3,529 for…
Series to explore generosity and stewardship
Starting this month MennoMedia is offering three online sessions focused on generosity and stewardship, featuring input from consultants at Everence. Beginning Thursday, Aug. 17, the monthly sessions will unpack the “why” behind our giving and provide input on specific charitable tools that you can use to support the causes and organizations that are important to you. All sessions begin at…
Giving to Conference drops during June
Giving to Ohio Conference dropped during June, according to figures provided by Financial Coordinator Stan Helmuth. Receipts for the month of June totaled $13,531, including $12,377 in congregational giving. In contrast, receipts for May totaled $27,670, more than twice as much. Expenses for June totaled $24,472, resulting in a deficit of $10,941 for the month. As of the end of…
Pastor salary guidelines updated for 2023-24
The 2023-2024 Mennonite Church USA (MC USA) pastor salary guidelines are now posted on the MC USA website at https://bit.ly/PastorSalaryGuidelines. Each April, the MC USA Church Vitality office and Everence collaborate to update the guidelines, which aid pastors, congregations, pastoral search committees and conferences in negotiating fair compensation for pastors and conference ministers. For more information, see https://bit.ly/2023-24SalaryGuidelinesUpdate.
Giving to Conference increases during May
Giving to Ohio Conference increased during May. Receipts for the month of May totaled $27,670, including $5,000 in donations from individuals. In comparison, the receipts for April totaled just $12,451. Expenses for May totaled $24,033, resulting in a surplus of $3,637 for the month. That surplus improved the year-to-date operating balance. As of May 31, the operating balance for 2023-24…
Conference ends first month of 2023-24 with a deficit
Ohio Conference ended the first month of the 2023-24 fiscal year with a deficit, according to figures provided by Financial Coordinator Stan Helmuth. Receipts for the month of April totaled just $12,451, including $12,299 in giving from congregations. Expenses for the month totaled $26,545, resulting in a deficit of $14,094 for the month.
Conference ends 2022-23 fiscal year with a deficit
Ohio Conference finished the 2022-23 fiscal year with a deficit of $20,112. The fiscal year ended March 31, 2023. The Conference ended February with a year-to-date operating balance of -$18,211. Receipts for the month of March totaled $19,678, including $18,545 in giving from congregations. Expenses for the month totaled $21,579, resulting in a deficit of $1,901 for the month. Over…
Giving increases but deficit remains
Giving to Ohio Conference increased during February, but that increased giving did not completely eliminate the Conference’s year-to-date operating deficit. According to figures provided by Financial Coordinator Stan Helmuth, receipts for the month totaled $47,672, including $45,248 in giving from congregations. Expenses for February totaled just $21,671, resulting in a surplus of $26,001 for the month. That surplus helped to…
Giving to Conference increases in January
Giving to Ohio Conference increased during January, according to figures provided by Financial Coordinator Stan Helmuth. Receipts for the month totaled $40,911, including $14,769 in giving from individuals. Expenses during January totaled $29,671, resulting in a surplus of $11,240 for the month. Even so, as of Jan. 31, the Conference had an operating balance of -$44,212 for the current fiscal…
Giving to Conference drops in December
Giving to Ohio Conference was lower than average during December, resulting in a deficit of $8,493 for the month. According to figures provided by Stan Helmuth, Ohio Conference financial coordinator, receipts for the month totaled just $16,028, including $10,306 in congregational giving. Total expenses for the month were $24,521. As of Dec. 31, 2022, the Conference’s operating balance was -$55,452.…
Giving to Conference drops during November
Giving to Ohio Conference slowed during November, resulting in an increase in the Conference’s financial deficit for fiscal year 2022-23. Receipts for November totaled $20,285, a significant decrease from the $35,618 received during October. Expenses for November totaled $28,686, resulting a in deficit of $8,401 for the month. As of Nov. 30, the Conference’s operating balance was -$46,959. The Conference…
Giving to Conference increases in October
Congregational giving to Ohio Conference increased during October, helping to reduce the Conference’s deficit for the 2022-23 fiscal year by more than $6,000. Receipts for the month of October totaled $35,618, including $29,299 in giving from congregations. Expenses for the month totaled just $29,242, resulting in a surplus of $6,376 for the month. However, as of Oct. 31, the Conference…
Deficit grows during September
Six months into the 2022-23 fiscal year, Ohio Conference continues to run a deficit. The deficit increased during the month of September, according to figures provided by Financial Coordinator Stan Helmuth. Receipts for the month totaled $23,436, including $23,122 in giving from congregations. Expenses for the month totaled $29,486, resulting in a deficit of $6,050 for the month. As of…
Register now for stewardship event
Oct. 23 is the deadline to register to attend Weaving a Legacy – Finances God’s Way. This Everence stewardship event will take place Sunday, Oct. 30, at 2:30 p.m. at Sharon Mennonite Church in Plain City. The afternoon will include workshops on topics such as teaching children about money, how investments can reflect one’s faith values, and estate planning. There…
Stewardship event planned at Sharon Mennonite Church
More than a dozen Mennonite churches in central Ohio will join Everence Financial® to host a special stewardship event: Weaving a Legacy – Finances God’s Way. The event will take place at 2:30 p.m. Sunday, Oct. 30, at Sharon Mennonite Church in Plain City. The afternoon will include workshops on topics such as teaching children about money, how investments can…
Deficit increases slightly in August
Ohio Conference’s financial deficit increased slightly during the month of August, according to figures provided by Financial Coordinator Stan Helmuth. Receipts during August totaled $26,449, including $16,439 in giving from congregations. Expenses during August totaled $27,350, resulting in a deficit of $901 for the month. As of Sept. 30, the Conference’s operating balance for the 2022-23 fiscal year was -$38,885.…
Conference deficit increases in July
Ohio Conference’s financial deficit continued to increase during the month of July, according to figures provided by Financial Coordinator Stan Helmuth. Receipts during June totaled $15,349, including $15,327 in giving from congregations. Expenses during June totaled $27,750, resulting in a deficit of $12,401 for the month. As of July 31, the Conference’s operating balance for the 2022-23 fiscal year was…
Conference deficit continues
Ohio Conference’s financial deficit increased during the month of June, according to figures provided by Financial Coordinator Stan Helmuth. Receipts during June totaled $32,307, including $27,238 in giving from congregations. Expenses during June totaled $32,870, resulting in a deficit of $563 for the month. As of June 30, the Conference’s operating balance for the 2022-23 fiscal year was -$25,538. The…
Expenses outpace giving during May
Ohio Conference’s expenses exceeded receipts during May, according to figures provided by Financial Coordinator Stan Helmuth. Receipts for the month totaled $19,443, including $19,124 in giving from congregations. Expenses during May totaled $29,917, resulting in a deficit of $10,474 for the month. As of the end of May, the Conference’s operating balance was -$25,020. The 2022-23 fiscal year ends March…
Conference begins fiscal year with deficit
Ohio Conference ended the first month of the 2022-23 fiscal year with a deficit, according to figures provided by Financial Coordinator Stan Helmuth. Conference expenses outpaced receipts during the month of April. Receipts for the month totaled just $14,309, and expenses totaled $28,855, resulting in a deficit of $14,546 for the month.