St. Andrew’s Episcopal Church, Denver 9, 2015 6:30 9:00 p.m....Jun 09, 2015 · Sally Thomas, Tim Krueger, Matt Bentley, Alice Barton, and Jonathan Culwell volunteered to ... will

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St.Andrew’sEpiscopalChurch,DenverVestryMeetingMinutes

June9,20156:30–9:00p.m.

OurVision

Thetreeoflifeisgrowinghere.

OurMissionWearecalled

TooffersanctuaryinthecityTogrowinGod’slove

ToseektherenewaloftheworldParticipants: Votingmembers:AliceBarton;MatthewBentley;JeffBrown,JuniorWarden;BenCordova;

JonathanCulwell;AllyDodge;AlGrinestaff;CindyHenning;MikeOgborn;ElizabethRandall,Rector;andLisaSisneros

Non‐votingmembers:MelissaAdzima,Curate;ShelleyBrown,Clerk;WibGarfield,Deacon;TimKrueger,Choirmaster;GeorgeMagnuson,AssistingPriest;BobMosher,Treasurer;andSallyThomas,Children’sMinister

Guests:RogerKilgoreandGeorgeHoover,CaledonianDevelopmentmanagers;andSueKilgore,MinistryCollaborationTeam(MCT)chair

OpeningMeditation—Sallyledameditationontheweek’sGospel.ContinuingBusiness:ElizabethchairedthemeetinginSusan’sabsence. ParkingLotsupdate(RogerKilgore/GeorgeHoover):RogerandGeorgeupdatedtheVestryon

eventssincetheirlastupdate,andledadiscussiononaproposedresolution(seeAttachment1).

ParkingLotsresolution(Elizabeth):MikemovedandAlicesecondedpassingtheresolutionasattached(seeAttachment1).Themotionpassedunanimously.

NewBusiness MinistryCollaborationTeam(MCT)report(SueKilgore):SueupdatedtheVestryonactions,

plansandprioritiesoftheMCT.TheMCTisacommitteeorteamconsistingofalloftheministrychairsandleadersoftheparish;everyonewholeadsaministrysitsontheteam.Itmeetsquarterlywiththeideaofinter‐ministrycommunicationandcoordination,andtofacilitateleadershipdevelopment.AttheMCT’smostrecentmeeting,ministryleaderswereintroducedtothestrategicgoalsfromtheVestryretreat,andSuehopesthattheywillbepartofthesummerretreatsandmeetingsoftheministriestoplanthecomingyear.SueintendstomakethemapartoftheAugustMCTretreat.Suementionedthatitmightbetimetorevisittheministrycharters,bothtomakesuretheyarestillaccurateandtore‐introducethemtoministryleaders.FlowerGuildchairJudieJamesvolunteeredherministrytobeacasestudyatthemeeting.Suehasbeenconcernedaboutmakingaspacewherepeoplecanshareideas,admititifthingsaren’tgoingsowell,andofferandgainsupport,andSuefeltlikethebeginningsofthat

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happenedatthemeeting.JudiewillcontinuewithhercasestudyandSuewillinviteotherministryleaderstodoittoo.Sueishopefulthatthiswillhelpcreateaspacewherepeoplearefreetoaskforsupport.SuesaidthattheVestryshouldexpectsomerevisionofministrycharters,comingbacktotheVestryforapproval.TheVestrythankedSueforherworkwithloudapplause.

Financialstatements—Bobreportedthatthefinancialnewsisstillgood(seetheTreasurer’sReportinAttachment2).ApprovalofMayMinutes—AlicemovedandLisaseconded,andtheMinuteswereapprovedunanimously.OtherBusiness TimaskedtheVestrytoconsidertakingimmediateactiononthereportoftheAdultFormation

taskforcefromtheVestryretreat,ifwehopetobeginaprograminthefall.GeorgeMagnuson,SallyThomas,TimKrueger,MattBentley,AliceBarton,andJonathanCulwellvolunteeredtoformaplanningcommitteefortheprogram,togivetheprogramaninitialshape(butnottoimplementit).ACTION:MattBentleywillleadindevelopingaparishsurveytogatherparishinputandsupport.Theplanningcommitteewillalsoworkongettingpeopleforanimplementationteam.

ClosingPrayerMelissaclosedthemeetingwithaprayerandthemeetingadjournedat8:56p.m.Respectfullysubmitted,ShelleyBrown,clerkAttachmentstotheMinutes:

Attachment1–ResolutionRegardingCaledonianDevelopmentAttachment2–FinancialReports,May2015

Actionitemsummary:(Itemsinitalicsareoutstandingfrompreviousmeetings)

1. (AdultFormationPlanningCommittee)Developaparishsurveytogatherparishinputandsupportforaregularparish‐wideeveningprogram.Workonfindingpeopletobeonanimplementationteam.

2. (Jeff,SallyandElizabeth)WorkoutthestrategyaboutSafeChurchtrainingandgivingoutkeys,andhowtogetthewordouttotheparish.

3. (Vestry–ALL)Asagoodleadershipexampletotheparish,taketheSafeChurchclass.Sallywillsendtheletterwithlinksandinformationabouttheclass–includingwhereit’sbeingoffered.

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4. (TBD)DevelopaplanorprocesstoassurethatallissecureafterSundayservices.Itmaybethatthisshouldbetheworkofanewministry.

5. (TBD)Re‐postthe“LockingisStewardship”piecedevelopedbyJudieJameswhenshewasJuniorWarden(forwardedtotheVestryonMay12,2015).

6. (TBD)ClarifythetimetablefortheCathedralRidgediocesancampaignandwhatresourcesareavailablefromthedioceseforthecampaign.

7. (TBD)InviteJenniferBarkertobeapartoftheCathedralRidgeconversationassheisontheirboard.

8. (TBD)ShareourlistoffinancialbudgetingprioritieswiththedioceseincontextoftheCathedralRidgecampaign.

9. ProvidetheDiocesansalaryguidelinesforVestryreference.

10. (All)RevisittheuseofSignupGeniusforcountingsignups,ateithertheMayorJunemeeting.

11. (All)SendanysuggestededitsofthefacilityusepolicytoMelissa,whowillworkwithSallyandJefftodovetailthepolicywiththere‐keyingproject.

12. (Susan)BringthefacilityusepolicytotheVestryforvoteinthenextfewmonths.

13. (JeffandSally)Researchtheissuesrelatedtore‐keyingourfacilities(timing,options,andstrategies)includinghowmanypeopleshouldbeabletochangekeypadcodesonthedoors(shouldkeypadsbepartoftherecommendation).

14. (Elizabeth)SchedulefutureconversationsregardingtheusesofalcoholanddesirablepoliciesguidingthatforSt.Andrew’s.

15. (SusanandElizabeth)ScheduleaneventtohaveconversationwithformerVestrymembers.

16. (Bob)Contactourbankaboutreducingbankcharges.

17. (TBD)FormaSafetytaskforceorcommittee(perhapsanongoingministrywithachairwitha3‐yearterm)

18. (Elizabeth)Takethematerialfromtheretreatandputtogetheradocumentsupplementarytotheproto‐planalongwithsomequestionstoinvitethought,inordertogivetheministersmorematerialtoworkwith–andthengetsomethoughtsbackfromtheministryleadersinordertogetideasaboutprogrammingforthenextthreeyears.

19. (Susan)AskBobtoclarifywheretheescrowamountappearsinfinancialreports.

20. (Vestry,TBD)Addressguidelinesforuseoftheparishbulletinboardandtractrack.

21. (Vestry–TBD)RespondtotheFinancialPlanningTaskForceregardingtheirquestionstotheVestryasarticulatedintheirreport(seeDecember2013Vestryminutes,Attachment2).

22. (Vestry–TBD)EvaluatetheFinancialPlanningTaskForcemodelforaccuracy,andexplorewhetherthereisguidanceontrajectoriesforgrowingchurches.

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VestryNorms‐OurPromisestoEachOther Wewillbeprayerfulinallthatwedo,inordertogainspiritualdirectionandfindcommon

ground.

Wewillmakeapriorityofregularparticipationinvestrymeetingsandothervestryresponsibilities.

Wewillrespecteachother’stime,comingpreparedtoallmeetings,andaddressingissuessuccinctly.

Wewillbefullyengagedandpresent,willingtoparticipateindiscussion,evenifit’shardorourviewsarepotentiallyunpopular.

Wewilllistenandspeakwithrespect,o Creatingasafeenvironmentforfullparticipation,o Using“I”statements,o Assuminggoodintent,o Beingopentoothers’perspectivesandopinions,o Avoidingsideconversations.

Wewillbeclearaboutissuesorprocessesrequiringconfidentialityandwillpreserve

confidentialitywhenneeded.

Wewillbegenerousintakingonnecessarytasks.

Wewillpositivelyrepresentvestrydecisionsinconversationswithparishioners.

Wewillreadandrespondtovestryemailsinatimelymanner,minimizingemailtrafficbysendingandreplyingtoonlythosenecessaryintheconversation.

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RESOLUTION

Various Actions Regarding Caledonian Development, LLC

Whereas, Urban Land Conservancy (“ULC”) and St. Andrew’s Episcopal Church‐Denver, a

Colorado nonprofit corporation (“SAEC”), each owns a fifty percent (50%) membership interest

in Caledonian Development, LLC (the “Company”), which is governed by its Operating

Agreement dated April 24, 2008 (the “Operating Agreement”);

Whereas, the Company owns certain real estate assets, including a parcel commonly known as

2011 Glenarm Place, Denver, CO (the “2011 Parcel”);

Whereas, although SAEC is grateful for the collaboration in purchasing such real estate assets,

including the 2011 Parcel, and the expertise that ULC, as development partner, has provided,

ULC desires to sell and SAEC desires to purchase all of ULC’s membership interest in the

Company as a “Permitted Transfer” under the Operating Agreement (such purchase and sale of

ULC’s membership interest is referred to herein as the “Buyout”), which will allow each party to

independently pursue its vision and mission;

Whereas, to facilitate the Buyout described above, ULC and SAEC have each determined that

the Company will sell the 2011 Parcel (the “Property Sale”), and the Company has received a

bona fide offer from an independent third party (the “Purchaser”) to purchase the 2011 Parcel;

Whereas, the Company and Purchaser propose to enter into a CONTRACT TO BUY AND SELL REAL

ESTATE and ADDENDUM thereto for the 2011 Parcel (collectively, the “Purchase and Sale

Agreement”);

Whereas, following the Property Sale, the Company intends to apply a portion of the net

proceeds therefrom (the “Net Proceeds”) towards the closing costs and retirement of all

Company debt, with the remaining Net Proceeds being equally distributed to both ULC and

SAEC; and

Whereas, SAEC intends to use the Net Proceeds that the Company distributes to SAEC first to

pay SAEC’s transaction costs in connection with the Property Sale and the Buyout and then to

use some or all of the remainder (the “SAEC‐Proceeds”) to consummate the Buyout.

THEREFORE, BE IT RESOLVED, that the Property Sale and Buyout described above are hereby

approved;

BE IT FURTHER RESOLVED, that George Hoover, SAEC Caledonian Manager, Roger Kilgore, SAEC

Caledonian Manager, Susan Trickett, SAEC’s Senior Warden, and Robert Mosher, SAEC’s

Treasurer (either individually or collectively, each as an “Authorized Representative”), after

ATTACHMENT 1

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consulting SAEC’s Steering Committee, hereby have approval and consent to coordinate with

ULC to negotiate, on behalf of SAEC and the Company, any and all contracts, documents and

agreements (including the Purchase and Sale Agreement) that any of the Authorized

Representatives deems necessary to consummate the Property Sale and the Buyout;

BE IT FURTHER RESOLVED, that Susan Trickett, SAEC’s Senior Warden, and Robert Mosher,

SAEC’s Treasurer (either individually or collectively, each as an “Authorized Signatory”), hereby

have approval and consent to execute, on behalf of SAEC and the Company, any and all

contracts, documents and agreements (including the Purchase and Sale Agreement) that any of

the Authorized Signatories deems necessary to consummate the Property Sale and the Buyout;

BE IT FURTHER RESOLVED, that the Authorized Representatives are hereby authorized,

empowered and directed to take any and all further actions deemed necessary or appropriate

to carry out the full intent and purpose of the foregoing resolutions, provided, however, that

such actions shall be subject to the following constraints:

1. Following the Property Sale, the Company must use the Net Proceeds to satisfy all

Company debt,

2. SAEC shall only be required to apply no more than the SAEC‐Proceeds to consummate

the Buyout, and SAEC shall not be required to obtain funds from any other source to

accomplish same,

3. Neither the Property Sale nor the Buyout shall be consummated unless and until SAEC

has received all other consents and approvals, including the consent of the Episcopal

Diocese of Colorado, that the Authorized Representatives deem necessary to

consummate the Property Sale and Buyout, and

4. Following the Buyout, SAEC shall be the sole member of the Company, which shall

continue to own the real estate asset known as 2071 Glenarm Place;

BE IT FURTHER RESOLVED, that this Resolution may be executed in counterparts and that

facsimile or electronic signatures shall constitute original signatures for all purposes;

BE IT FURTHER RESOLVED, that execution of this Resolution constitutes full ratification hereof,

and further, that this Resolution shall be effective as of the date set forth below, regardless of

the actual date of execution;

BE IT FURTHER RESOLVED, that any third party receiving a duly executed copy of the foregoing

resolution may rely on the resolutions set forth herein, and that revocation or termination of

the resolution set forth herein shall not be effective as to such third party unless and until

actual notice or knowledge of such revocation shall have been received by such third party.

ATTACHMENT 1

Adopted this 9th day of June, 2015 by the Vestry of St. Andrew's Episcopal Church, Denver,

Colorado.

~~§Sc~~~ Susan Trickett, Senior Warden

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ATTACHMENT 1

St. Andrew’s Episcopal Church Treasurer’s Report May 2015

Balance Sheet May l ended with $37,089.84 in the operating checking account and $34,650.28 in Accounts Payable (See Accounts Payable Report)

Budget vs. Actual - Revenue Plate and Pledge were over budget in May by $8,936.68 and over budget for the year by $31,640.26. Total Operating Revenue was over budget by $18,983.01 in May (See Friends of Music) and over budget for the year by $28,488.15.

Budget vs. Actual - Expenses Salaries and Benefits are running slightly over budget because of timing (Child Care and Organist) and we did not budget for continuing education Vestry Expense is over budget because of the vestry retreat – not all reimbursements by vestry members had been credited by 5-31-15 Diocesan and Regional expense follow the budget/actual variance in Operating Income. Administrative expense is slightly over budget for the year. Building and Grounds is under budget for the year.

Unbudgeted Revenue and Expense The $3,029.07 in income and disbursements from Other Designated Funds was for regular flowers, Easter flowers and $2,815 which was collected for Episcopal Relief and Development’s Nepal Earthquake relief effort.

If you have any questions or concerns about St. Andrew’s finances please contact me at [email protected] or 303-916-5766. Bob Mosher Treasurer

Attachment 2: May 2015 Financial Reports

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mailto:[email protected]

ASSETS Current Assets

Bank Accounts

General Operating $ 37,089.84

Reserve to Pay Loans From Parishioners to Parish for Construction 105,166.19

Designated Funds 26,401.70

Rector's Discretionary Fund 2,530.50

Total Bank Accounts $ 171,188.23 Designated Funds Receivable 5,000.00

Caledonian Reimbursements Receivable 2,621.00

Accounts Receivable 7,109.59

Prepaid Expense 3,980.10

Total Current Assets $ 189,898.92 Long-Term Assets

Endowment (Market Value) $ 226,570.43 Fixed Assets

Real Estate - Land and Building 3,814,595.21

Furniture and Fixtures 299,788.95

Investment in Caledonian Development (Parking Lots) 387,500.00

Total Fixed Assets $ 4,501,884.16

TOTAL ASSETS $ 4,918,353.51

LIABILITIES AND EQUITY Liabilities

Current Liabilities

Accounts Payable $ 34,650.28

Designated Funds Payable 5,000.00

Pension Payable (Staff) 1,011.25

Accrued Interest Payable (Parishioner Loans) 1,533.52

Total Current Liabilities $ 42,195.05 Long-Term Liabilities

Mortgage Payable 502,600.17

Loans From Parishioners to Parish for Construction Payable 230,000.00

Total Long-Term Liabilities $ 732,600.17 Designated Funds Liabilities

Who Is My Neighbor Fund 911.01

Other Designated Funds 25,490.69

26,401.70

Rector's Discretionary Fund 2,530.50

Endowment 226,570.43

Total Designated Funds Liabilities $ 255,502.63 Total Liabilities $ 1,030,297.85 Net Assets

Unrestricted and Restricted Net Assets $ 3,883,074.02

Net Income 4,981.64

Total Net Assets $ 3,888,055.66

TOTAL LIABILITIES AND EQUITY $ 4,918,353.51

St. Andrew's Episcopal ChurchBalance SheetMay 31, 2015


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St. Andrew's Episcopal Church

Statement of Financial Activities1

AnnualBudget

Actual Budget $ Over Budget Actual Budget $ Over Budget 2015

REVENUE OPERATING REVENUE 3005 Plate 7,620.50 2,234.00 5,386.50 40,463.38 12,737.00 27,726.38 50,000

3010 Pledge 33,100.18 29,550.00 3,550.18 190,013.88 186,100.00 3,913.88 452,100

Total 3000 Plate and Pledge Revenue $ 40,720.68 $ 31,784.00 $ 8,936.68 $ 230,477.26 $ 198,837.00 $ 31,640.26 $ 502,100

OTHER REVENUE 3203 Envelope Campaign 0.00 0.00 0.00 0.00 0.00 0.00 15,000

3204 Friends of Music 14,046.55 2,500.00 11,546.55 17,911.55 12,500.00 5,411.55 30,000

3205 There Will Your Heart Be Also 0.00 0.00 0.00 300.00 0.00 300.00 -

3210 Evensong Revenue 81.00 300.00 -219.00 1,128.00 1,500.00 -372.00 3,000

3219 Fundraising (Net) 1,243.22 667.00 576.22 5,525.64 3,335.00 2,190.64 25,000

3230 Caledonian Reimbursements 1,145.00 1,145.00 0.00 5,725.00 5,725.00 0.00 13,740

3240 Interest 0.00 0.00 0.00 0.00 0.00 0.00 6,000

3250 Miscellaneous 75.08 0.00 75.08 1,580.22 0.00 1,580.22 500

3255 Facilities Use. 15.00 0.00 15.00 205.00 0.00 205.00 3,000

3260 Designated Funds Children's Minister 2,069.56 2,167.00 -97.44 10,867.48 10,835.00 32.48 26,000

Curate 0.00 2,500.00 -2,500.00 0.00 12,500.00 -12,500.00 30,000

3280 Pass-through Deposits 949.92 0.00 949.92 3,766.88 0.00 3,766.88 -

3290 Pass-through Disbursements -300.00 0.00 -300.00 -3,766.88 0.00 -3,766.88 -

Total 3200 Other Revenue $ 19,325.33 $ 9,279.00 $ 10,046.33 $ 43,242.89 $ 46,395.00 $ (3,152.11) $ 152,240.00

Total Operating Revenue $ 60,046.01 $ 41,063.00 $ 18,983.01 $ 273,720.15 $ 245,232.00 $ 28,488.15 $ 654,340

May 2015 January - May 2015 (YTD)


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AnnualBudget



EXPENSES 5000 SALARIES & BENEFITS 5010 Salaries - Rector 2,759.20 2,759.00 0.20 13,796.00 13,795.00 1.00 33,113

5020 Housing Allowance - Rector 4,000.00 4,000.00 0.00 20,000.00 20,000.00 0.00 48,000

5022 SECA Reimbursement - Rector 517.10 517.00 0.10 2,585.50 2,585.00 0.50 6,205

5015 Salaries - Assoc. Priest 1,141.80 1,142.00 -0.20 5,709.00 5,710.00 -1.00 13,701

5017 Children/Youth Minister Salary 2,199.48 2,200.00 -0.52 10,997.40 11,000.00 -2.60 26,394

5023 Curate Salary 2,374.66 2,375.00 -0.34 11,873.30 11,875.00 -1.70 28,500

5023 Curate Housing 1,917.00 1,917.00 0.00 9,585.00 9,585.00 0.00 23,000

5025 Insurance/Pension - Clergy Health Insurance - Rector 1,571.00 1,631.00 -60.00 7,855.00 8,155.00 -300.00 19,681

Pension - Rector 1,309.73 1,310.00 -0.27 6,548.65 6,550.00 -1.35 15,606

Pension - Curate 825.00 825.00 0.00 4,446.47 4,125.00 321.47 9,909

5027 Continuing Education 0.00 0.00 0.00 300.00 0.00 300.00 -

5028 Deacon's Expenses 0.00 42.00 -42.00 0.00 210.00 -210.00 510

5029 Parking Attendant 831.86 832.00 -0.14 4,159.30 4,160.00 -0.70 9,983

5030 Child Care 956.36 896.00 60.36 5,781.91 4,480.00 1,301.91 10,750

5037 Administrator 2,740.80 2,741.00 -0.20 13,704.00 13,705.00 -1.00 32,896

5038 Sexton 880.06 966.00 -85.94 4,311.18 4,830.00 -518.82 11,586

5040 Insurance/Pension Staff Health Insurance - Administrator 1,508.00 1,488.00 20.00 7,540.00 7,440.00 100.00 17,867

Pension - Administrator 246.65 247.00 -0.35 1,233.25 1,235.00 -1.75 2,961

Pension - Music Director 267.35 268.00 -0.65 1,336.75 1,340.00 -3.25 3,208

Pension - Children's Minister 197.95 198.00 -0.05 989.65 990.00 -0.35 2,374

5050 Payroll Taxes Staff 883.47 934.00 -50.53 4,666.61 4,670.00 -3.39 11,203

5090 Staff Christmas Bonus 0.00 0.00 0.00 0.00 0.00 0.00 900

5710 Music Director 2,970.52 2,971.00 -0.48 14,852.60 14,855.00 -2.40 35,646

5715 Organist 1,892.00 1,688.00 204.00 9,329.00 8,340.00 989.00 20,018

Total 5000 SALARIES & BENEFITS $ 31,989.99 $ 31,947.00 $ 42.99 $ 161,600.57 $ 159,635.00 $ 1,965.57 $ 384,011


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AnnualBudget



5300 MINISTRIES EXPENSES 5306 Catechumenate 0.00 0.00 0.00 0.00 0.00 0.00 500

5310 Children's Education 218.71 590.00 -371.29 1,169.24 2,950.00 -1,780.76 7,075

5311 Community of Caring 0.00 25.00 -25.00 0.00 125.00 -125.00 300

5312 Education For Ministry (EFM) 0.00 0.00 0.00 0.00 0.00 0.00 100

5316 Vestry Expense 2,180.00 42.00 2,138.00 2,432.63 210.00 2,222.63 500

5350 Altar Guild and Worship Expense 0.00 371.00 -371.00 1,142.14 1,855.00 -712.86 4,450

5355 Acolyte Supplies 0.00 12.00 -12.00 0.00 60.00 -60.00 150

5360 Outreach 0.00 0.00 0.00 0.00 0.00 0.00 15,000

5365 Ministry Collaboration Team 0.00 0.00 0.00 0.00 0.00 0.00 100

5370 Coffee Hour 0.00 42.00 -42.00 194.25 210.00 -15.75 501

5390 Website & Advertising 0.00 42.00 -42.00 2,189.00 2,000.00 189.00 2,000

5395 Arts Ministry 0.00 0.00 0.00 0.00 100.00 -100.00 100

Total 5300 MINISTRIES EXPENSES $ 2,398.71 $ 1,124.00 $ 1,274.71 $ 7,127.26 $ 7,510.00 $ (382.74) $ 30,776

5300 DIOCESAN AND REGIONAL EXPENSE 5320 Diocese of Colorado Pledge 4,072.07 3,178.00 894.07 23,047.73 18,483.00 4,564.73 50,210 5380 High Plains Region Support 1,018.02 795.00 223.02 5,761.93 4,621.00 1,140.93 12,552 5321 Diocesan Convention 0.00 0.00 0.00 0.00 0.00 0.00 1,500 5300 Total Diocesan and Regional Expense $ 5,090.09 $ 3,973.00 $ 1,117.09 $ 28,809.66 $ 23,104.00 $ 5,705.66 $ 64,262


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AnnualBudget



5400 ADMINISTRATIVE EXPENSES 5420 Accounting & Payroll Expenses 158.30 233.00 -74.70 1,148.80 1,165.00 -16.20 2,800

5421 Bank Charges 218.21 217.00 1.21 1,113.61 1,085.00 28.61 2,603

5425 Equipment Lease 167.00 167.00 0.00 835.00 835.00 0.00 2,000

5426 Copier Use 923.22 250.00 673.22 2,136.54 1,250.00 886.54 3,000

5430 Interest Expense-Loans From Parishioners 766.63 767.00 -0.37 3,833.52 3,835.00 -1.48 9,200

5430 Mortgage Interest 2,301.15 2,301.00 0.15 11,652.95 11,652.00 0.95 27,562

5465 Mortgage Principal Payments 1,524.07 1,524.00 0.07 7,473.15 7,473.00 0.15 18,341

5435 Office Expenses 219.69 472.00 -252.31 1,402.38 2,360.00 -957.62 5,660

5438 Cleaning Supplies 211.11 183.00 28.11 864.92 915.00 -50.08 2,200

5440 Miscellaneous Expense -184.91 85.00 -269.91 767.29 425.00 342.29 1,014

5445 Postage 0.00 100.00 -100.00 543.45 500.00 43.45 1,200

5450 Telephone/ Internet 253.14 292.00 -38.86 1,219.73 1,460.00 -240.27 3,500

Total 5400 ADMINISTRATIVE EXPENSES $ 6,557.61 $ 6,591.00 $ (33.39) $ 32,991.34 $ 32,955.00 $ 36.34 $ 79,080

5600 BUILDING & GROUNDS EXPENSES 5630 Insurance 1,334.86 1,542.00 -207.14 6,413.05 7,710.00 -1,296.95 18,499

5635 Lawn & Grounds Maintenance 206.95 125.00 81.95 808.50 625.00 183.50 1,500

5640 Repair & Maintenance 265.70 1,083.00 -817.30 2,626.13 5,415.00 -2,788.87 13,000

5650 Utilities 748.84 1,106.00 -357.16 5,387.54 5,530.00 -142.46 13,269

Total 5600 BUILDING & GROUNDS EXPENSES $ 2,556.35 $ 3,856.00 $ (1,299.65) $ 15,235.22 $ 19,280.00 $ (4,044.78) $ 46,268


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AnnualBudget



5700 MUSIC 5720 Singer Salaries 4,080.00 3,750.00 330.00 22,400.00 22,000.00 400.00 45,000

5725 Payroll Taxes - Music Staff 324.12 287.00 37.12 1,754.81 1,720.00 34.81 3,443

5730 Instrumentalists 0.00 0.00 0.00 100.00 250.00 -150.00 500

5740 Organ Maintenance 0.00 42.00 -42.00 0.00 210.00 -210.00 500

5745 New Music Purchases 0.00 42.00 -42.00 0.00 210.00 -210.00 500

Total 5700 MUSIC $ 4,404.12 $ 4,121.00 $ 283.12 $ 24,254.81 $ 24,390.00 $ (135.19) $ 49,943

Total Operating Expenses $ 52,996.87 $ 51,612.00 $ 1,384.87 $ 270,018.86 $ 266,874.00 $ 3,144.86 $ 654,340

Net Operating Income $ 7,049.15 $ (10,549.00) $ 17,598.15 $ 3,701.29 $ (21,642.00) $ 25,343.29 $ -

UNBUDGETED (RESTRICTED) REVENUE AND EXPENSE 7010 SVSS/SVSP Pledge Payments 100.00 450.00

7015 Cash in Plate (1st Sunday of Month) 52.01 478.26

7016 Donations to Rector's Discretionary Fund 0.00 300.00

7040 Interest - Endowment Loan For SVSP Costs 0.00 600.00

7050 Interest -Reserve to Pay Loans From Parishioners Acct 10.71 52.09

7090 Income - Other Designated Funds 3,029.07 4,971.72

8090 Disbursements-Other Designated Funds -3,029.07 -4,971.72

8040 Transfers to Endowment 0.00 -600.00

Net Unbudgeted Revenue $ 162.72 $ 1,280.35

Net Income $ 7,211.87 $ 4,981.64


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Designated Funds Detail

Beginning Balance Ending Balance

Designated Funds 5/1/2015 Funds In Funds Out 5/31/2015

2015 Pledge Pre-payments - -

Adult Forum 421.48 421.48

Building Mtce Contingency Fund 232.75 232.75

Catechumenate Expenses 1,197.12 1,197.12

Children's Minister Salary 14,422.09 (1,929.56) 12,492.53

Columbarium 600.00 600.00

Curate's Salary - -

Discover St. Andrew's 1,580.39 1,580.39

EFM 450.00 450.00

Flowers (Christmas) 665.66 (665.66) -

Flowers (Easter) 514.22 (514.22) -

Flowers (Regular) 256.32 (109.32) 147.00

Good Friday Offering (Jerusalem) 399.47 399.47

Leaded Glass Windows 478.89 478.89

Magnuson Discretionary Fund 554.15 554.15

Memorial Gifts 2,155.00 2,155.00

Nepal - 1,005.00 (1,005.00) -

Newell 50.00 (50.00) -

Organ 100.00 100.00

Outreach 1,726.86 1,100.13 2,826.99

Prepaid Funeral Funds 600.00 600.00

Safe Haven Project 199.23 199.23

Seminary Scholarship Fund 5,000.00 5,000.00

Tree Trimming 510.69 510.69

Vestry Retreat 600.00 525.00 (600.00) 525.00

Who Is My Neighbor Fund 921.01 10.00 931.01

Total Designated Funds 33,585.33 2,690.13 (4,873.76) 31,401.70

Designated Funds Loaned to Operating (5,000.00) (5,000.00)

Available Designated Funds 28,585.33$ 2,690.13$ (4,873.76)$ 26,401.70$

May 2015


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Current 1 - 30 31 - 60 61 - 90 91 and over TotalAmato Wholesale Florist 70.60 70.60

Church Pension Fund 4,194.46 4,194.46

Confluence Lawn and Landscape 162.00 162.00

DWF Denver 63.72 63.72

Episcopal Diocese of Colorado 4,372.07 4,268.25 4,038.37 5,491.29 5,177.75 23,347.73

High Plains Region 1,018.02 1,067.06 1,059.59 1,372.82 1,244.44 5,761.93

Integra Telecom 253.14 253.14

JDB Remodeling and Repair 265.70 265.70

Joyce Kull 268.00 268.00

Office Depot 263.00 263.00

TOTAL $ 10,930.71 $ 5,335.31 $ 5,097.96 $ 6,864.11 $ 6,422.19 $ 34,650.28

Monday, Jun 08, 2015 05:14:30 PM PDT GMT-6

St. Andrew's Episcopal ChurchA/P Aging SummaryAs of May 31, 2015


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Documents

St. Andrew’s Episcopal Church, Denver 9, 2015 6:30 9:00 p.m....Jun 09, 2015 · Sally Thomas, Tim Krueger, Matt Bentley, Alice Barton, and Jonathan Culwell volunteered to ... will