Draft of Proposed 2010 Budget

Submitted by John Koeller on Tue, 11/03/2009 - 12:17

Attached below is an Excel file containing the work of the budget committee and budget it is proposing to Session for 2010.

2010 Proposed Budget

	A	D	E
1	Southminster 2010 Budget
2	Income
3		2009	2010
4	Tithes and Offerings	$ 210,000.00	$ 224,604.39
5	Large Single Contribution	$ 55,000.00	$ 55,000.00
6	Olivet Registrations	$ 3,800.00	$ 4,300.00
7	Preschool Revenue	$ 135,765.00	$ 265,000.00
8	Special Mission Donations	$ 5,000.00	$ 5,000.00
9	Operating Fund	$ 93,016.36	$ -
10	Interest Income	$ -	$ 15.00
11	Total Income	$ 502,581.36	$ 553,919.39
12
13	Expenses
14	Salaries & Other Compensation
15	Pastor Head of Staff
25	Pastor Head of Staff	$ 76,828.08	$ 76,828.08
30	Lay Pastor/ business Administrator	$ 40,667.34	$ 40,667.34
33	Children's Ministry Director	$ 21,530.00	$ 16,147.50
36	Youth Director	$ 9,150.25	$ 16,147.50
39	Secretary/Administrative Assistant	$ 16,217.24	$ 16,217.24
44	Associate Pastor of Music and Worship	$ 3,413.00	$ -
47	Music Director	$ 8,073.75	$ 8,073.75
50	Organist	$ 5,139.26	$ 5,139.26
51	Total Salaries and Other Compensation	$ 181,018.91	$ 179,220.66
52
53	Commitees
76	Mission	$ 33,450.00	$ 33,450.00
90	Music and Worship	$ 6,350.00	$ 6,350.00
101	Christian Education Committee	$ 14,200.00	$ 14,200.00
103	Fellowship	$ 1,500.00	$ 1,500.00
105	Evangelism and Membership		$ -
106	Hospitality Ministry	$3,500.00	$3,500.00
108	Budget & Stewardship	$ 250.00	$ 250.00
109	Total Committees Expenses	$ 59,250.00	$ 59,250.00
110
128	Buildings and Grounds	$ 47,350.00	$ 47,334.00
133	Office	$ 4,750.00	$ 4,750.00
134
135	Facilities and Operations Total	$ 52,100.00	$ 52,100.00
136
142	Other Approved Expenses Total	$ 6,000.00	$ 6,000.00
145	Per Capita Expense	$ 4,968.00	$ 4,057.20
147	Other Expenses Total	$ 11,968.00	$ 10,968.00
148
149	Childcare and Preschool Total	$ 199,244.45	$ 270,000.00
150
151	Loan Payment		$ 14,198.28
152
153	Total Income	$ 502,581.36	$ 553,919.39
154	Total Expense	$ 503,581.36	$ 585,736.94
155
156	Difference		$ (31,817.55)
157
158
159
160	Loving Hearts Learning Place Budget 2010
161	Income
162		2009	2010
163	Preschool Grant	$ 30,000.00	$ -
164	Preschool Income Scenario 3 (4 mos. revenue)	$ 105,765.00	$ 265,000.00
165	Total Income	$ 135,765.00	$ 265,000.00
166
167
168	Expenses
169	Personnel
170	Co-Directors	$ 33,320.00	$ 40,000.00
171	Teachers	$ 85,797.75	$ 180,901.07
172	PT Custodian	$ 3,648.75	$ 7,800.00
173	Personnel Subtotal	$ 122,766.50	$ 228,701.07
174	Benefits
175	FICA	$ 9,391.64	$ 16,898.93
176	403b and Medical/Dental	$ 32,653.60	$ 14,400.00
177	Benefits Subtotal	$ 42,045.24	$ 31,298.93
178	Equipment and Startup Expenses	$ 30,000.00	$ -
179	Operational Expenses	$ 4,432.71	$ 10,000.00
180
181	Total Income	$ 135,765.00	$ 265,000.00
182	Total Expense	$ 199,244.45	$ 270,000.00
183	Difference	$ (63,479.45)	$ (5,000.00)
184
185
186
187
188
189
190
191
192
193
194
207
208
209
210
211
212
213
214
215
216
217		.