financeweboct
 

2016 Giving Report

This graph illustrates giving year-to-date at St. Paul’s as compared to the previous two years.
 
Our overall budget for 2016 is $530,322. This includes our ministry budget, operations budget, SPR (staff/parish relations) budget, and apportionments. 
 
Have you ever wondered what it costs to keep our buildings functioning and ship shape? We pay nearly $15,000 each month for our mortgage obligation. In addition there are lights, heat, repairs and more. Thanks to our giving congregation we continue to meet our financial commitments and improve our facility spaces. 
 

How does paying our monthly mortgage serve our mission?

 
St. Paul’s has been blessed with the opportunity to make the financing of our church building a part of our mission. Our current mortgage is financed through Intermountain.  Formerly the Deaconess Home and School  for Children,
Intermountain is part of our history and was founded by William Wesley Van Orsdel, Jr. (or Brother Van) and the Methodist Deaconesses in 1909. Now every time we make a mortgage payment, our interest payment goes to support valuable services to children. Intermountain receives a better interest rate than they may have received if the money had simply been invested and we pay a lower interest rate than we might have secured elsewhere. Our interest paid supports a ministry to at-risk children and their investment in St. Paul’s supports one of their oldest partners. It’s a win-win situation on many levels.
Intermountain
 
 
 

Learn more about Intermountain partnerships in the 2015 Church Impact Report