CMM 2014-10-12
Minutes of Meeting for Worship for Business
Concord (NH) Monthly Meeting of the Religious Society of Friends
Tenth Month 12, 2014
Attending: 12
10.1 The meeting opened with worship.
10.2 Ninth Month Minutes: The minutes of the Fourteenth Day, Ninth Month, 2014 Meeting for Business were reviewed.
10.3 Financial Report: Treasurer David Woolpert presented the financial report for June 1st - September 30th, 2014. To date total income is $6,361 (25% of yearly budget); total expense is $2,945 (12% of budget); net income is $3,417. He noted that we're in the early phase of the fiscal year so many expenses for things like snowplowing and wood pellets have not yet occurred. He reminded committee members of their budgeted amounts that haven’t been used. With energy rates rising sharply this year, Friends discussed ideas for conserving energy to be considered by the Property Committee.
10.4 Puente de Amigos Committee: Ruth Heath read a letter from Len Cadwallader to Dover Quarterly Meeting asking for consideration of a contribution to the Puente de Amigos Committee as Dover QM has a sister relationship with a Cuban meeting [La Iglesia Evangelica de Los Amigos, the Quaker church in Holguin, Cuba]. Concord Meeting also received a similar letter. Friends tabled consideration of this matter to be considered by the Budget Committee.
10.5 Greater Concord Interfaith Council: Pat Wallace will not be able to attend the October and November meetings of the Greater Concord Interfaith Council. Mark Barker will attend the October meeting. We are looking for someone to attend the November one.
10.6 Student Sponsorship at Kakamega Care Centre: Our $300 sponsorship of Christine at the Kakamega Care Centre is due in January. The YRE Committee is sponsoring three fundraisers: Kathy Urie will be organizing the sale of the Peace Corps calendars; we will be selling Fair Trade chocolate bars; the children will be making frozen cookie dough to be sold at All-NH Friends.
10.7 Outreach Pilot Project: Friends discussed a question from the section of the New England Quaker Outreach Pilot Project Application Form on establishing your outreach baseline.
What level of awareness is there in your community of your Quaker meeting?
- some level of awareness due to presence on the web
- no longer in the Monitor's free ads for Sunday services
- 25% awareness by people who have been here more than 10 years due to activism by individual members
- awareness starting to wane
- less than 15%
- 7%
- 5% based on people met while walking dog
10.8 The meeting closed with grateful worship.
Submitted by
/s/ Jonie LaBombard, Recording Clerk
/s/ Ruth Mobilia Heath, Presiding Clerk
| Concord Monthly Meeting Income & Expenses | 2014-06 — 2014-09 | FY 2015 Budget | Remaining | % Budget |
|---|---|---|---|---|
| Income | ||||
| Contributions | $6,186 | $24,228 | ($18,042) | 26% |
| Interest Income | $0 | $75 | ($75) | 0% |
| Miscellaneous Income | $0 | $200 | ($200) | 0% |
| Prior Year Funds | $0 | $0 | $0 | 0% |
| Rental Income | $175 | $800 | ($625) | 22% |
| Total Income | $6,361 | $25,303 | ($18,942) | 25% |
| Expenses | ||||
| Program | ||||
| Budget Committee | $0 | $50 | ($50) | 0% |
| Hospitality / Outreach | $46 | $150 | ($104) | 31% |
| Library | $0 | $50 | ($50) | 0% |
| Ministry & Counsel | $0 | $400 | ($400) | 0% |
| Peace, Social, & Earthcare Concerns | $0 | $50 | ($50) | 0% |
| Youth & Religious Education | $64 | $300 | ($236) | 21% |
| Total Program | $110 | $1,000 | ($891) | 11% |
| Property | ||||
| Building Maintenance | $0 | $250 | ($250) | 0% |
| Debt Service | $952 | $3,806.00 | ($2,854) | 25% |
| Donation in Lieu of Taxes | $0 | $300 | ($300) | 0% |
| Electricity | $319 | $1,300 | ($981) | 25% |
| Grounds | $100 | $100 | $0 | 100% |
| Insurance | $0 | $1,916 | ($1,196) | 0% |
| Rent Expense | $0 | $0 | ($0) | 0% |
| Replacement Reserve Expense | $0 | $5,075 | ($5,075) | 0% |
| Snow Removal | $0 | $1,900 | ($1,900) | 0% |
| Supplies - Bldg. & Maintenance | $85 | $400 | ($315) | 21% |
| Telephone | $60 | $430 | ($370) | 14% |
| Wood Pellets | $0 | $1,300 | ($1,300) | 0% |
| Total Property | $1,515 | $16,777 | ($15,262) | 9% |
| Support | ||||
| AFSC | $0 | $1,300 | ($1,300) | 0% |
| Dover Quarterly Meeting | $0 | $10 | ($10) | 0% |
| FCNL | $0 | $120 | ($120) | 0% |
| Friends Camp | $0 | $253 | ($253) | 0% |
| FWCC | $0 | $53 | ($53) | 0% |
| Interfaith Council | $0 | $50 | ($0) | 0% |
| NEYM - Equalization Fund | $0 | $500 | ($500) | 0% |
| NEYM - General Fund | $1,250 | $5,000 | ($3,750) | 25% |
| NH Council of Churches | $0 | $50 | ($50) | 0% |
| Total Support | $1,250 | $7,336 | ($6,086) | 17% |
| Other | ||||
| Advertising | $70 | $140 | ($70) | 50% |
| Miscellaneous Expenses | $0 | $50 | ($50) | 0% |
| Total Other | $70 | $190 | ($120) | 37% |
| Total Expense | $2,945 | $25,303 | ($22,358) | 12% |
| Net Income | $3,417 | $0 | ($3,417) |
NB. The Income & Expenses Sheet was created with two decimal points, which were removed for readability, the cents being unimportant to the overall understanding. This can have the effect of throwing off any given sum by a dollar due to compounded rounding.
Prepared by Greg Heath and David Woolpert
| Concord Monthly Meeting Balance Sheet | |||
|---|---|---|---|
| ASSETS | |||
| Current Assets | |||
| Checking/Savings | |||
| Checking 123410166 | $13,163 | ||
| Money Market 101049498 | $1,577 | ||
| Total Checking/Savings | $14,741 | ||
| Other Current Assets | |||
| Prepaid Insurance | $1,105 | ||
| Total Other Current Assets | $1,105 | ||
| Total Current Assets | $15,845 | ||
| Fixed Assets | |||
| Building | $466,455 | ||
| Land | $50,000 | ||
| Total Fixed Assets | $516,455 | ||
| Other Assets | |||
| Loans to NH Community Loan Fund | $5,000 | ||
| Total Fixed Assets | $5,000 | ||
| TOTAL ASSETS | $537,300 | ||
| LIABILITIES & EQUITY | |||
| Liabilities | |||
| Current Liabilities | |||
| Construction Projects | $139 | ||
| Operating Reserve | $3,000 | ||
| Special Projects | |||
| AFSC-NH | ($100) | ||
| Kakamega (Kenya) Orphanage | $166) | ||
| Total Special Projects | $66 | ||
| Total Current Liabilities | $3,205 | ||
| Long-term Liabilities | |||
| Mortgage Loan 1 | $31,505 | ||
| Replacement Reserve | $11,000 | ||
| Total Long-term Liabilities | $42,505 | ||
| Total Liabilities | $45,710 | ||
| Equity | |||
| General Fund Balance | $457,375 | ||
| Unrestricted Net Assets | $30,799 | ||
| Net Income | $3,417 | ||
| Total Equity | $491,590 | ||
| TOTAL LIABILITIES & EQUITY | $537,300 |
Do we have the resources to support our obligations? YES
Variable Assets Less Current Liabilties and Replacement Reserve = $6,640
NB. The Balance Sheet was created with two decimal points, which were removed for readability, the cents being unimportant to the overall understanding. This can have the effect of throwing off any given sum by a dollar due to compounded rounding.
| Total Current Assets | $15,845 |
| Total NHCL Loans | $5,000 |
| - Total Current Liabilities | ($3,205) |
| - Replacement Reserve | ($11,000) |
| Total Available: | $6,640 |
