St. Philomena Catholic Church, Des Moines, WA

St. Philomena Catholic Church Annual Report Summary

INCOME July 1, 2015 - June 30, 2016 July 1, 2016 - June 30, 2017
Sunday Envelope Collection 325,112.79 315,303.81
EFT/Credit Card Donation 156,720.09 172,770.00
Loose Collection 262,034.54 281,017.65
Holy Day Collection 28,973.00 20,221.00
Program Income 30,423.76 27,601.04
Annual Catholic Appeal Rebate 4,254.07 69.99
Gifts
Donations - Unrestricted 17,150.82 40,952.77
Income Jenkins Bequest 50,000.00
Business Revenue
Rental Income Church 3,150.00 7,300.00
Deanery Contribution Hispanic 41,785.04 87,176.84
Other Business Revenue 3,382.51 3,120.29
Debt Reduction Envelopes 124,673.23 1,052.20
TOTAL INCOME 997,659.85 1,006,585.59


EXPENSES July 1, 2015 - June 30, 2016 July 1, 2016 - June 30, 2017
Salary and Benefits 381,512.01 394,337.14
General Supplies 25,449.03 30,102.42
Liturgy Supplies 27,968.12 31,205.90
Office Expense 11,720.64 16,509.97
Programs
Faith Formation K-12 31,010.09 32,657.58
Adult Faith Formation 7,982.96 8,206.91
Priest/Deacon Cont. Education 8,730.88 2,587.67
Spanish Misc. Priest Expenses 2,227.20 3,820.15
Maintenance 80,052.20 69,708.18
Property Tax 4,349.27 17,593.30
Property Insurance 18,179.66 4,950.14
School Subsidy 145,000.00 144,999.96
Interest on Debt 20,334.41 10,311.43
Principle Payment Debt 58,713.67 69,665.01
Business Expense 17,844.79 25,413.95
Contracted Services 29,630.82 25,593.50
Technology 4,025.05 3,826.85
Utilities 34,385.00 38,069.44
Travel 170.56 17.60
Goodwill 7,589.91 10,736.36
Archdiocean Assessment 77,435.70 71,652.78
TOTAL EXPENSES 994,311.97 1,011,966.24


July 1, 2015 - June 30, 2016 July 1, 2016 - June 30, 2017
$3,347.88 -$5,380.65


6/30/2015 Loan Balance $394,800.50
6/30/2016 Loan Balance $194,602.18
6/30/2017 Loan Balance $123,884.97