Fourteen Friends gathered and entered into quiet worship. We accepted the minutes of Ninth month as posted on the website with a correction to the line for the NH Community Loan Fund on the balance sheet. This was reported as $10,000 but was really $20,000.
10.1 PSECC reported on its current focus of activities around a forum in November on the problem of mass incarceration. Friends responded with enthusiasm and made plans to help with spreading the word about it.
10.2 AFSC NH Program: Sara reported that an ad hoc group of Friends has begun planning the fundraising for an Arnie Alpert Action Fund to honor all his decades of AFSC work on the occasion of his upcoming retirement. Friends were in agreement with hosting at least one fundraising event at our Meetinghouse.
10.3 Nominating Committee: The clerk read a report from nominating committee that is attached. There was approval of their request to add Greg Heath back to the committee for the rest of the current year in place of Rich Kleinschmidt who has needed to step down.
10.4 Ministry & Counsel: The clerk of M&C read the written report that will be posted to the website along with these minutes. Note that they have created a new trifold brochure for our use on becoming a member [1]. It will also be posted to the Meeting website. M&C has created a group to draft a memorial minute for the life of Lois Booth. Friends are encouraged to contact them if they wish to join it or provide material as that is being developed.
10.5 Budget Committee report was presented by the treasurer. See the attached spreadsheets of income and expense for the first 4 months and the balance sheet of current assets and liabilities. Year-to-date income was $11,544, which is 42% of projected, and expenses were $6,945.
10.6 Outreach Committee will be meeting soon. They recently spent time at a table at the multicultural fair in Concord providing information about our Meeting. They will report on that at a later date.
10.7 Youth Religious Education will send a report of their meeting this morning to be posted to the website alongside these minutes. They are hoping that Friends will report back to the committee and each other about their experiences helping out at First Day school. Friends are encouraged to look at when they are scheduled to help to be sure they can be there or find another approved helper for that day. It is being put into our regular electronic Meeting announcements. The committee is tentatively planning an intergenerational "make and take" holiday craft fair to help children in making gifts. They would like that to be on December 7. Feedback about that date would be appreciated soon. The committee wants to be sure that a display space for children's work in our fellowship room be decided on. This was recognized as something that could be decided by M&C in consultation with YRE.
Meeting closed with brief worship, purposing to meet again on the second Sunday of Eleventh month.
Submitted by, | Accepted as the Approved Record, | |
/s/ Jennifer J. Smith, Recording Clerk | /s/ Richard Kleinschmidt, Presiding Clerk |
Concord Monthly Meeting Income & Expenses | 2019-06-01 – 2019-09-30 | FY 2020 Budget | Amount Remaining | % Budget |
---|---|---|---|---|
Income | ||||
Contributions | $10,682 | $25,150 | $14,468 | 42% |
Interest Income | $0 | $680 | $680 | 0% |
Rental Income | $62 | $1,500 | $638 | 57% |
Solar Roof Lease | $0 | $240 | $240 | 0% |
Total Income | $11,544 | $27,570 | $16,026 | 42% |
Expenses | ||||
Program | ||||
Budget Committee | $0 | $30 | $30 | 0% |
Hospitality | $48 | $180 | $132 | 27% |
Library | $0 | $90 | $90 | 0% |
Ministry & Counsel | $0 | $225 | $225 | 0% |
Outreach | ||||
Outreach - Other | $0 | $355 | $355 | 0% |
Website Expenses | $64 | $280 | $216 | 23% |
Total Outreach | $64 | $635 | $571 | 10% |
Peace, Social & Earthcare Concerns | $0 | $600 | $600 | 0% |
Youth & Religious Education | $11 | $300 | $289 | 4% |
Total Program | $123 | $2,060 | $1,937 | 6% |
Property | ||||
Building Maintenance | $0 | $600 | $800 | 0% |
Debt Service | $952 | $3,806 | $2,853 | 25% |
Donation in Lieu of Taxes | $0 | $500 | $500 | 0% |
Electricity | $333 | $1,000 | $667 | 33% |
Grounds | $0 | $100 | $100 | 0% |
Insurance | $629 | $2,000 | $1,371 | 31% |
Replacement Reserve Expense | $1,600 | $4,800 | $3,200 | 33% |
Snow Removal | $0 | $2,000 | $2,000 | 0% |
Supplies - Bldg. & Maintenance | $116 | $200 | $84 | 58% |
Wood Pellets | $640 | $1,680 | $1,040 | 38% |
Total Property | $4,270 | $18,685 | $12,415 | 26% |
Support | ||||
AFSC [3] | $522 | $1,565 | $1,043 | 33% |
Dover Quarterly Meeting | $0 | $10 | $10 | 0% |
FCNL [4] | $0 | $150 | $150 | 0% |
Friends Camp [5] | $0 | $300 | $300 | 0% |
FWCC [6] | $0 | $65 | $65 | 0% |
Interfaith Council [7] | $0 | $50 | $50 | 0% |
NEYM [8] - Equalization Fund | $0 | $290 | $290 | 0% |
NEYM - General Fund | $2,030 | $6,090 | $4,060 | 33% |
NH Council of Churches [9] | $0 | $75 | $75 | 0% |
Woolman Hill [10] | $0 | $230 | $230 | 0% |
Total Support | $2,552 | $8,825 | $6,273 | 29% |
Total Expense | $6,945 | $27,570 | $22,625 | 25% |
Net Income | $4,600 |
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 Chris Haigh.
Concord Monthly Meeting Balance Sheet | 9th Month 30, 2019 | ||
---|---|---|---|
ASSETS | |||
Current Assets | |||
Checking/Savings | |||
Checking 123410166 | $16,483 | ||
Money Market 101049498 | $6,593 | ||
Total Checking/Savings | $23,076 | ||
Other Current Assets | |||
Prepaid Electricity | $8,667 | ||
Prepaid Expense - Other | $0 | ||
Prepaid Insurance | $800 | ||
Total Other Current Assets | $9,139 | ||
Total Current Assets | $32,215 | ||
Fixed Assets | |||
Building | $466,455 | ||
Land (including new lot) | $144,400 | ||
Total Fixed Assets | $610,855 | ||
Total Other Assets - NH Community Loan Fund [12] | $21,550 | ||
TOTAL ASSETS | $664,620 | ||
LIABILITIES & EQUITY | |||
Liabilities | |||
Current Liabilities | |||
Building & Grounds Fund | $485 | ||
Friendly Assistance Fund | $1,000 | ||
Operating Reserve | $3,000 | ||
Solar Grant Funds | $1,209 | ||
Special Projects | |||
Christine / Kakamega Care Centre | $496 | ||
Social Justice Fund | $869 | ||
Total Special Projects | $1,365 | ||
Total Current Liabilities | $7,059 | ||
Long-term Liabilities | |||
Mortgage Loan 1 | $18,920 | ||
Replacement Reserve | $38,269 | ||
Total Long-term Liabilities | $57,188 | ||
Total Liabilities | $64,248 | ||
Equity | |||
General Fund Balance | $549,811 | ||
Temp. Restricted Net Assets | $0 | ||
Unestricted Net Assets | $45,963 | ||
Net Income | $4,600 | ||
Total Equity | $600,373 | ||
TOTAL LIABILITIES & EQUITY | $644,620 |
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.
Do we have the resources to support our obligations? YES
Variable Assets Less Current Liabilities and Replacement Reserve = $3,837
+ Total Current Assets | $32,215 | |
+ Total NHCLF Loans | $21,550 | |
Total Available Assets | $53,765 | |
- Total Current Liabilities | ($7,059) | |
- Replacement Reserve | ($38,269) | |
- YTD Net Income | ($4,600) | |
($49,928) | ||
= Net Unrestricted Funds: (if projected budget is achieved) |
$3,837 |
Nominating Committee Report to CFM Business Meeting October 2019
Kathy Urie, Clerk to Nominating Committee
Ministry and Counsel Report
To Meeting for Worship with attention to Business
October 13, 2019
Youth Religious Education Report
To Meeting for Worship with attention to Business
October 13, 2019
Links:
[1] https://www.concordfriendsmeeting.org/sites/all/files/documents/CMM-MembershipBrochure.pdf
[2] https://www.concordfriendsmeeting.org/sites/all/files/documents/CMM-IncomeExpenseFY2020asof2019-09-30forOct2019.xlsx
[3] https://www.afsc.org/
[4] https://www.fcnl.org/
[5] https://www.friendscamp.org/
[6] http://fwcc.world/
[7] https://www.greaterconcordinterfaithcouncil.org/
[8] https://neym.org
[9] http://nhchurches.org/
[10] http://woolmanhill.org/
[11] https://www.concordfriendsmeeting.org/sites/all/files/documents/CMM-BalanceSheetFY2020asof2019-09-30forOct2019.xlsx
[12] https://www.communityloanfund.org/
[13] https://www.concordfriendsmeeting.org/Forms%2526Booklets#MembershipBrochure
[14] https://www.concordfriendsmeeting.org/sites/all/files/documents/NEYM-InterimF%26P-Dying%2CDeath%26Bereavement%2Casat2019-08.07.pdf