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Financial Reporting

 

 

 

WE ARE LOAN FREE: OUR FUTURE IS BRIGHT!

Dear Sisters and Brothers in Jesus Christ,
In May 2009, in the month of Blessed Mother, I joined our parish. Ten years passed in a blink of an eye. Of course, we had challenges. I still remember a listening session during which a piece of ceiling fell on one of our parishioners. We went through hard times and good times. At times, life wasn’t easy for me, but I wasn’t alone. I felt God’s presence everywhere; he was carrying us through the tough patches. He was holding us in his palms. I always trusted in my God; he never left me alone. My God loves me and guides me. And, we have our mother, Our Blessed Mother, who intercedes for us. How blessed are we as a family of God! You remember me saying; “trust in God and our God will take care of everything. God works his wonders in mysterious ways.”

Why do I say all this today? It’s because I have ‘Happy News’ to share with you; ‘Our Lady Queen of Peace is a LOAN FREE PARISH’ today; together we achieved this good name. We paid off our entire Loan. Please join me to thank our God for his ineffable blessings.  We also paid off our 2018 Annual Pastoral Appeal (APA) and now we have only the current 2019 APA and School Assessments to pay off. If we fail in this, of course, we will again fall into new Debt. We should not allow it to happen again. To stay out of debt, we must take preventive measures. So, even though we paid off the Parish Loan, we will keep the Debt Reduction Envelopes to pay off the current Parish Assessments. Please continue your support that we may stay debt free for life.

I thank each one of you for your great sacrifice. You contribute beyond your strength to meet the needs of our parish. Many of you gave more than you could; some of the parishioners remembered Our Lady Queen of Peace in their ‘WILL’ which made it easy to pay off the Loan. In our financial struggle, we as a Community stood together and did the best. A BIG THANKS TO ALL OF YOU.

Repairing, maintenance, making parish debt free, these are only a few of the dimensions of a parish life. Under the veneer of our everyday struggle, we should never lose our ability to discern a deeper meaning of stewardship. Our effort should be to make our Parish a ‘Holy Ground’ for everyone who steps on this space to encounter God. It is from this Sanctuary that each of us should draw inspiration and hope for our lives.

Now let us get into the nitty- gritty of people’s everyday lives. Our words, look, touches, our smile; they can bring a difference in our Parish Community. We must communicate to each other; we must feel related to each other. When I speak about Parish Spirituality, ‘I’ should always remember, essentially, I am a member; I have a people and my people are essentially part of me. Hence my spirituality is related to me being essentially a part of my people. We may be speaking different languages, we could be from different nationalities, but we should remember that a Parish is the people of God. So, my approach to God should be based on a people related vision of myself. A Parish becomes healthy only through the participation of the whole Community and through practicing a ‘Co-Responsibility’.

Let our Church be a place of prayer and we be a praying people. Let us create an environment that helps each of us to rediscover the beauty of the life of Faith and the joy of being a disciple of Jesus. I shouldn’t say  it’s ‘MY’ church instead I should say it’s ‘OUR’ church. Please remember, the Church was founded on Jesus’s sacrifice and it’s our sacrifice that keeps the Church alive.
God’s blessings, Father Sebastian Earthedath MST

¡ESTAMOS LIBRE DE PRÉSTAMO, NUESTRO FUTURO ES BRILLANTE!

Queridas hermanas y hermanos en Jesucristo,

En mayo 2009, en el mes de la Santísima Madre, me uní a nuestra parroquia.  Diez años pasaron en un parpadear de ojo. Por seguro, tuvimos desafíos. Todavía recuerdo una sesión de escuchar, durante el cual un pedazo del techo se cayó sobre uno de nuestros feligreses.  Pasamos por tiempos difíciles y tiempos buenos. A veces, la vida no fue fácil para mí, pero yo no estaba solo. Sentía a Dios presente en todas partes, Él nos estaba cargando a través de los tiempos difíciles.  Él nos sostenía en sus palmas. Siempre confié en mi Dios, nunca me dejó solo.  Mi Dios me quiere y me guía. Y, tenemos a nuestra madre, Nuestra Santísima Madre, quien intercede por nosotros.  ¡Como de bendecidos somos como una familia de Dios! Se recuerdan cuando le dije; “confíen en Dios y nuestro Dios se encargará de todo.  Dios trabaja sus obras en formas misteriosas.”

¿Por qué le digo esto hoy?  Es porque tengo ‘Noticias Alegres’ para compartir con ustedes; ‘Nuestra Señora Reina de la Paz’ es hoy una PARROQUIA LIBRE DE PRÉSTAMO; juntos hemos logrado este buen nombre.  Hemos pagado nuestro préstamo entero. Por favor únase a mí para agradecerle a nuestro Dios por Sus bendiciones inefables. También hemos pagado nuestra Apelación Anual Pastoral del 2018 (APA) y ahora solo tenemos que pagar la actual APA del 2019 y la Tasación de Escuela.  Si fracasamos en esto, por supuesto, volveremos otra vez a caer en deuda. No debemos de permitir que esto ocurra otra vez. Para permanecer fuera de deuda, debemos tomar las medidas preventivas. Así, que, a pesar que pagamos el préstamo de la parroquia, mantendremos los sobres de reducción de deudas, para pagar las actuales Tasaciones de la parroquia.  Por favor continúe su apoyo que podamos mantenernos libre de deudas toda la vida.

Le agradezco a cada uno de ustedes por su gran sacrificio.  Contribuyeron más allá de sus fuerzas para satisfacer las necesidades de nuestra parroquia.   Muchos de ustedes dieron más de lo que podían; algunos de nuestros feligreses se recordaron de Nuestra Señora Reina de Paz en sus ‘Testamentos’. En nuestra lucha financiera, nosotros como una Comunidad nos paramos juntos e hicimos lo mejor. ¡UN GRAN AGRADECIMIENTO A TODOS!

Reparaciones, mantenimiento, haciendo a nuestra parroquia libre de deuda, estas son solo algunas de las dimensiones de la vida de nuestra parroquia.  Bajo la chapa de nuestra lucha diaria, nunca debemos perder la habilidad de discernir un significado más profundo de la mayordomía. Nuestro esfuerzo debe ser de hacer a nuestra Parroquia una ‘Tierra Santa’ para todos los que pisan este espacio para encontrar a Dios  Es en este Santuario que cada uno de nosotros debemos sacar inspiración y esperanza para nuestras vidas.

Ahora, pongámonos en lo esencial de la vida cotidiana de las personas.  Nuestras palabras, mirada, toques, nuestra sonrisa, puede aportar una diferencia en nuestra Comunidad parroquial.  Debemos comunicarnos entre sí; debemos sentirnos relacionados entre sí. Cuando le hablo de la Espiritualidad parroquial, ‘Yo’ debo de siempre recordarme, esencialmente, Yo soy un miembro, Yo tengo un pueblo y mi pueblo es esencialmente parte de mí.  Por lo tanto, mi espiritualidad está relacionada a mí, siendo esencialmente parte de mi pueblo. Podemos estar hablando en diferentes lenguas, podemos ser de diferentes nacionalidades, pero debemos de recordar que una Parroquia es el pueblo de Dios. Entonces, mi cercanía a Dios debe ser basado en una visión del pueblo relacionado a mí mismo.  Una parroquia se convierte saludable solo a través de la participación de la Comunidad entera y a través de la práctica de la ‘Co-responsabilidad’. 

Dejemos que nuestra Iglesia sea un lugar de oración y nosotros un pueblo de oración.  Debemos crear un ambiente que ayuda a cada uno de nosotros a redescubrir la belleza de la vida de Fe y el gozo de ser un discípulo de Jesús.  No debo decir, es ‘MI’ iglesia, en cambio debo decir es “NUESTRA’ iglesia. Por favor de recordar, la Iglesia fue fundada por el sacrificio de Jesús y es nuestro sacrificio el que mantiene la Iglesia viva.  

Que Dios los bendiga,
Padre Sebastián Earthedath MST

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dear Parishioners, 

We would like to update you on our financial status.  We are happy to report that our financial situation has improved thanks to all of you.  

Operating Expenses:

As of March 31, 2017, we have 13 weeks remaining to complete the fiscal year. We must collect $175,500 over that time period to meet our budget. That means we need $13,500 each week to run the parish.  We know we can do this with your help.  Without you, we cannot meet weekly budget.  

So, please consider increasing your weekly donations by a few more dollars and we are confident that our collection will total $13,500.  You have all been so gracious and generous with your weekly offerings and please know that your parish is so grateful. Remember, there is no parish without YOU, each and everyone one of you! Your parish exists only because of your donations!

Please remember that beginning in May, many of our fellow parishioners, "our snowbirds" fly back north and so your increased donations become even more necessary.  To our friends that leave the parish over the upcoming months, please consider increasing your offerings before you go and also continuing to help us to avoid the financial shortfall that we always experience while you are away.  

APA:

We owe $3,387 from last year's APA and we are using some of the collection funds for that.  

Loan:

Please remember we once had a huge loan of $433,495 owed to the Diocese that added up from many years before Father Sebastian became our pastor. During his administration, we have paid $210,238. We still owe $223,257 to the Diocese.  Thanks to your $2 plus collection offerings, our balance is declining! Please keep up your much needed contributions for the loan reduction.

We take this opportunity not only to update you on your parish financial status, to ask you for your continued and increased support but also to thank you! Thank you!

Finance Council

 

 

Annual Pastoral Appeal

OUR LADY QUEEN OF PEACE CATHOLIC CHURCH

FINANCE COUNCIL

BY-LAWS

ARTICLE I - Name 

This organization shall be known as Our Lady Queen of Peace Finance Council.

ARTICLE II- Required Existence 

The Code of Canon Law #537 mandates that every parish is to form and have in operation a 

Parish  Finance Council. 

ARTICLE III - Mission Statement 

Our mission is to provide advice and counsel to the Pastor, assisting him in the sound 

financial operation of the parish. We seek to promote and maintain fiscal responsibility in 

the administration of the parish through its many ministries. It is through communication 

and cooperation among parish administrators and parish ministries that we are good 

stewards of God's great gifts. 

Objectives: 

*Annual budget

*Quarterly and Annual financial reports to the Bishop

*Accountings to the Christian faithful of the parish

*Long-term financial planning

*Financial reporting and other technological systems

*Acquisitions and sales of land

*Expenditures or projects in excess of $25,000

*Leases or other contractual arrangements that last more than one year

*Personnel administration: 

-Staffing needs 

-Salary Scales 

-Tax compliance and reporting

*Personnel Policies

*Borrowing money

*Stewardship and other fund-raising matters

*Federal, State, and local regulatory matters

 ARTICLE IV - Consultative Body 

The Finance Council is a consultative body which makes recommendations to the Pastor to 

aid him in the administration of the parish goods (all parish financial resources, buildings 

and grounds). To be effective in its deliberations, the Finance Council may request financial 

information  and/or other reports and information from the parish staff. 

ARTICLE V - Organization of the Council 

The officers of the Finance Council will consist of a Chairperson, a Vice-Chairperson, and a 

Secretary. The Finance Council will hold elections in June of each year to elect officers for 

the next year. The terms of office for each officer will normally be for a period of one year. 

The Chairperson will preside over the Council meetings and activities. The Secretary shall 

attend each meeting and be responsible for taking and recording a complete and accurate 

account of the meeting. Minutes of each meeting shall be approved by a majority of the 

Council members in attendance at the following meeting. The elected Secretary shall be 

responsible for correspondence written on behalf of the Council.

ARTICLE VI – Duties of the Chairperson, Vice-Chairperson and Secretary 

Chairperson: The Chairperson shall establish a schedule for meetings, prepare and 

distribute a meeting agenda and financial statements prior to each meeting. 

Vice-Chairperson: Duties of the Chairperson in their absence. 

Secretary: The Secretary shall attend each meeting and be responsible for taking and 

recording a complete and accurate account of the meeting. The elected Secretary shall be 

responsible for correspondence written on behalf of the Council. The Secretary shall keep a 

record of the membership and their terms of office. 

ARTICLE VII - Membership 

Membership of the Finance Council shall consist of the Pastor and at least seven members 

from the parish. The parish manager will act as an ex-officio non-voting member. New members 

must be registered in Our Lady Queen of Peace and be in good standing.  New members 

of the Council, upon nomination by the Council itself, shall be appointed by the Pastor to 

serve a three-year term. Terms shall be staggered to make certain that all members' terms 

do not expire in the same year. Terms shall end June 30th of each year. Officer elections will 

be held at a meeting before the fiscal year-end in June. After serving a full term Council 

members may be reappointed for another year at the discretion of the Pastor. The Secretary 

shall  keep a record of the membership and their terms of office. 

ARTICLE VIII- Addenda 

Addenda to these by-laws may be necessary. After a review by the Council membership and 

by a majority vote of the membership, addenda may attach to the By-laws. The Pastor must 

approve all addenda. The Secretary of the Council shall maintain a file of the by-laws and 

all addenda. 

Adopted  by vote of the Finance Council May 13, 2015.

 

 

 

 
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