Categories: News and Events

2016-17 Parish Annual Report

If you missed our latest bulletin (Oct 1), it included the parish’s annual financial report, which can be viewed here

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H O W   T H E   M O N E Y   C A M E   I N:

Sunday Collections:  Sunday Collections totaled $1,312,471 and are down 1%. Sunday Collections:  Sunday Collections totaled $1,312,471 and are down 1%.

ACA Rebate:  We collected 94% of the pledges and donated $97,006 toward the remodel of the Convent.

Special Gifts:  Of the $44,494 collected for Special Gifts, $10,426 were Legacy Gifts.


W H E R E   T H E  M O N E Y   W E N T:

Administrative Salaries & Benefits: Our parish employed, one full-time Pastor, several visiting priests, four full time and three part time office staff members, totaling $261,102.

Liturgy: Within our Liturgy expenses, Star employed one full-time music director, (who oversees three choirs), two paid cantors and two paid organists at a cost of $88,530.

Hospitality & Outreach: Volunteers purchase and prepare food for funerals and Sunday hospitality. Our parish outreach includes Stephen Ministry, the Gabriel Project, homebound services, and the Star Seniors Group. $8,800 was donated to St Vincent DePaul.

 

Christian Discipleship: OLSOS employed a full-time Director of Evangelization and Discipleship, a part-time Children’s Ministry Director, five baby sitters, and facilitated three Missionary Interns. This group of employees and missionaries headed up 15 ministries for Children through Adults at a cost of $214,461.

School Support: Your generosity funded $83,156 in direct financial aid to 16 families who otherwise could not afford a Catholic education for the children. In addition another $130,079 was provided to the school to help pay the costs of salaries, materials, utilities and facilities.

Facilities: Our parish employed one full-time facilities manager and part-time rectory cleaner, custodian and groundskeeper. Along with insurance, repairs, maintenance & utilities, this expensed out at $282,219 last fiscal year.


W H A T   W E   H A V E    &   W H A T   W E   O W E:

At the end of June 2017:

  • Checking Account Balance: ($51,697)
  • Savings Account Balance: $104,674
  • Loan Balance: $476,460
  • School Endowment Fund: $984,450
  • Capital Improvement Fund: $20,303
  • Fulfilling the Vision Collections: $824,172

P A R I S H   F I N A N C I A L   R E P O R T: 

D E S C R I P T I O N S   O F   I N C O M E   &  E X P E N S E S:

I N C O M E: 

Sunday Collections: Tithing from parishioners, special collections, Holy Days of obligation.

  • Envelopes & Online: $1,233,809
  • Loose: $55,045
  • Holy Days: $23,617
  • Total: $1,312,471

 

 ACA Rebate: Amount refunded from the Archdiocese collected above our annual goal.

  • Total Pledged: $254,799
  • Archdiocese Assessment: $146,807
  • Total Payments Received: $243,813
  • Total Rebate: $97,006

 

Special Gifts: Unrestricted donations made to OLSOS and offerings made for funerals, baptisms, weddings, and Sunday Mass.

  • Shrines: $10,049
  • Lighthouse CD’s: $3,646
  • Legacy Gifts: $10,426
  • Liturgy Fees & Stipends: $4,521
  • Special Collections: $12,387
  • Flowers: $2,135
  • Hall Rental: $1,330
  • Total: $44,494

 

Program Revenue: Fees for Youth & Young Adult programs, special parish events & retreats.

  • Hospitality: $10,469
  • Adult Programs: $4,156
  • Children’s Programs: $1,410
  • Youth Programs: $3,644
  • Young Adult Program: $84
  • Total: $19,763

Total Income: $1,473,734

 

 

_________________________

 

 

E X P E N S E S:

Salaries & Benefits: Payroll, associated taxes and benefits for parish staff and clergy.

  • Clergy & Administrative Salary: $198,474
  • Taxes: $14,264
  • Clergy & Administrative Benefits: $48,365
  • Total: $261,102

 

Business & Office: Items required to make the Parish Office function. This includes paper, printing, advertising, copier lease, & office supplies.

  • Office & Rectory Supplies: $26,831
  • Lighthouse CD’s & Publications: $14,695
  • Equipment Lease: $21,719
  • Technology: $11,269
  • Bank & Processing Fees: $45,510
  • Advertising: $8,659
  • Permits & Licenses: $5,675
  • Travel, Retreats & Conferences: $26,269
  • Total: $160,627

 

Liturgy: Candles, hosts, wine, linens, vestments, missals, incense, liturgical books and all items used for liturgy.

  • Music: $88,530
  • Altar Supplies: $6,614
  • Flowers: $5,241
  • Vessels & Vestments: $7,417
  • Banners & Linens: $1,545
  • Sacristy Supplies & Equipment: $4,626
  • Total: $113,973

 

Hospitality and Outreach: Donations to other charities. This category also includes Sunday hospitality, Altar Server Boot Camp, and other parish life events.

  • Outreach Ministries: $28,573
  • Hospitality & Appreciation: $39,269
  • Charitable Donations: $8,800
  • Total: $76,642

 

Religious Programs: RCIA, Bible Study, TMIY, Adult Programs, Mother’s Group, Parish Library, Youth & Young Adult Ministries and Missionary Interns.

  • Sacramental Preparation: $37,689
  • Adult Programs: $18,578
  • Young Adult Programs: $1,782
  • Youth Programs: $70,121
  • Children’s Programs: $27,950
  • Childcare: $11,375
  • Missionary Interns: $46,966
  • Total: $214,461

 

School Support: Amount paid to the school for the school’s operating budget and tuition assistance.

  • Tuition Aid: $83,156
  • Parish Subsidy: $130,079
  • Total: $213,235

 

Facilities: Insurance, electrical, heating, water, telephone, internet access & gas. Repairs & maintenance on the church, parish office, gym, parking lots, center and rectory.

  • Insurance: $46,346
  • Facility Repairs & Maintenance: $133,665
  • Convent Remodel: $97,006
  • Interest Expense: $27,333
  • Utilities: $74,875
  • Total: $379,225

 

Archdiocese Assessment: Amount that is assessed by the Archdiocese of Seattle based on the parish’s collections: $78,557

Total Expense: $1,497,822

 


S T E W A R D S H I P   R E P O R  T:

|  2017   S T E W A R D S H I P  |

  • Parish Families with a 2017 Stewardship Pledge – 579
  • Total Amount Pledged for 2017 Stewardship – $1,116,156
  • Total Recorded Amount Received as of September 2017 – $1,002,763

 

  • Parish Families Recorded Giving without a 2017 Stewardship Pledge- 625
  • Total Amount Received – $231,046

 

  • Loose Cash/Anonymous Received – $55,045

 

|  2017   A N N U A L   C A T H O L I C   A P P E A L  |

Total Amount Pledged for 2017 ACA

Parish Families with a 2017 ACA Pledge.

Total Rebate that went towards the remodel of the Convent for the Dominican Sisters.