The Finance Committee assists Monsignor in the administration of the temporal goods (i.e. material or tangible assets, including building, property and finances) of the parish and to enable the parish to fulfill its mission in the diocese, but not with a decision-making function.
The object of the committee is to attain a financial visibility that will not only sustain the needs and requirements of the Parish, but will assist in maintaining a financially healthy Diocese.
It is always important to plan for the future.
Finance Committee members
Mary McAuliffe (Chair), Doug Enman, Marie Burchill, Pat Brilliant, John Moore, Ray Lloyd, Joe Vautour, Alfred Babineau and Gerry Eldridge.
Our Lady of the Assumption Parish
Profit & Loss
January through December 2020
Income
Total Offertory Collection 209,192.08
Special Collection Receipts 8,270.00
Other: Building Fund, New Freeman,
Candles, Bank Int., Bequests
Gov. Subsidy, Fundraising, Needy 73,540.21
Total Income 291,002.29
Expenses
Church Expenses: Fuel – 19,076.41
Electricity – 3,233.74, Insurance – 17,756.77
Altar/Sanctuary –4,180.14, other – 15,586.87 59,833.93
Repairs & Maintenance:
(Plowing, Mowing & Shovelling) 7,954.96
Office (photocopier, supplies) 3,225.61
Hall Fuel 5,402.86
Receiver General 31,480.30
Rectory Expenses 26,010.29
Religious Education 162.24
Salaries: Pastor, Secretary, Organist
Catechist/Caretaker
Benefits: Blue Cross,
Pensions (active & past) 104,167.48
Special Collections Remitted 5,940.00
Other: Diocesan Assessment, Charity,
Bank Charges, New Freeman, Retreat
Fees 45,121.70
Total Expenses 289,299.37
Net Ordinary Income $1,702.02