by Rita Balzer, MSMC Treasurer

Below you will find the final 2017 budget figures.

MSMC has had several years of transitioning which has made budgeting tricky.  We did end the year in the negative. However, I do want you to take note of a few things.  Our congregational support came in at 110% and our investment earnings was 128% of expected. While our other revenue fell short, this is mainly due to not taking as much funds out of our reserves, which ultimately is a good thing.

On the expenses side, our salaries and conference ministry expenses came in well under budget, as did our office and capital expenses.  2017 was a year of travel, which included convention in Florida and lots of inter-conference meetings which caused our “gatherings” portion of the budget to be quite elevated.  Supporting our Missions also went over budget. However, the overages are offset by corresponding income listed under “other revenue.”   Another noteworthy figure is in the box at the bottom; our congregations funneled $58,000 through MSMC to other worthy agencies in 2017.

Thank you to all who give generously and faithfully!

Rita Balzer, MSMC Treasurer

treasurer@mountainstatesmc.org, 720-234-0987

 

 

REVENUE Final 2017 Budget 2017
CONGREGATIONS and EMERGING GROUPS: INCOME    
Albuquerque Mennonite 8,571 7,000
Alive With Grace Fellowship (Pueblo) 1,200 100
Anabaptist Fellowship 1,000 1,000
Beloved Community  
Beth-El Mennonite 14,500 14,800
Boulder Mennonite 7,500 3,000
Carlsbad Mennonite 1,050  
Defiance Church, Glenwood Springs 500  
East Holbrook Mennonite 200 1,300
El Centro   100
Emmanuel Mennonite 4,667 4,000
First Mennonite – Denver 26,500 25,500
Fort Collins Mennonite 200
Glennon Heights Mennonite 10,500 9,900
Hmong Mennonite 400 300
Light of Life Mennonite   900
Living Light of Peace (Arvada) 300 300
Mt. Community Mennonite 3,330 3,500
Peace Mennonite 3,000 3,000
Rocky Ford Mennonite 1,000 1,200
Sojourn Mennonite 458 120
Total Congregational Support 84,646 76,200
       
INVESTMENT CONTRIBUTIONS    
Endowment Earnings 13,332 12,000
Operating Reserve 1,975  
Interest Income – Other 14 10
Total Investment Support 15,321 12,010
     
OTHER REVENUE    
Alamosa Partnership 1,700 10,000
Assembly Offerings 15,867  
Designated TWIMC, F&L 5,426 13,500
Pueblo Properties 13,500  
SEED Transfer 5,260  
Reserves Transfer 40,000 132,628
Other Contributions & Donations 15,246 10,000
24% Development Transfer 7,003 7,500
Total Other Revenue 104,002 173,628
     
TOTAL REVENUE 203,969 261,858

 

EXPENSES    
CONFERENCE ADMINISTRATION    
Salaries & Benefits 119,025 167,243
     
CONFERENCE MINISTRY EXPENSES (COMBINED)    
Conference Ministry Expenses 10,240 30,000
Continuing Education   1,050
  10,240 31,050
OFFICE AND CAPITAL EXPENSES    
Capital & Equipment Update    
Liability Ins/Workers Comp 2,931 4,000
Pueblo Properties 8,112 10,000
Office Supplies 3,874 3,200
  14,917 17,200
GATHERINGS, DISCERNMENT & DECISION-MAKING
Faith & Life Forum 1,656 1,500
Annual Assembly Expense 13,717 10,000
MSMC travel exp (non-staff) 5,232 3,500
MC USA events (non-staff) 4,127 1,000
  24,732 16,000
SUPPORTING OUR MISSION    
Alamosa Partnership 2,153  
MC USA Support 5,500 5,500
Designated TWIMC, F&L etc 5,270  
Conference Development 1,000 800
Rocky Mountain Mennonite Camp 4,800 4,800
Hmong Cont Ed  
The Corinthian Plan 3,361 3,765
Youth/Family Ministries   500
SEED Project 20,260 15,000
  42,344 30,365
Total Expenses 211,258 261,858
     
TOTAL REVENUE 203,969 261,858
TOTAL EXPENSES 211,258 261,858
NET REVENUE   (7,289)

 

 

 

Various Designated Income* 58,000  
Various Designated Disbursement 58,000  
*MC USA, MCC, MMN, MDS, RMMC, MWC