Ten Friends gathered and entered into quiet worship. We accepted the minutes of Tenth month as posted on the website.
11.1 Arnie Alpert Action Fund: Sara S reported on an effort underway to raise funds for NH AFSC for an action fund to honor the retiring co-director, Arnie Alpert [1]. Concord Meeting will host one of the fundraisers at our Meetinghouse. Sara requested Friends help in figuring out the best date for this in February or March 2020.
11.2 Budget Committee: We received the budget committee report. From June through October of the current fiscal year, we have received $13,266 which is 48% of projected income. Expenditures for the five months were $9,242. The balance sheet was updated with no significant changes since the last report.
11.3 PSECC will be hosting a session at the Meetinghouse on mass incarceration this coming Saturday at 1:30 p.m.
11.4 The Property Committee submitted a written report which is appended to these minutes. Items that are under committee consideration are
11.5 Youth Religious Education Committee gave an oral report that largely includes announcements about upcoming events, programs and projects. Written report will be appended to these minutes when received from the clerk of the committee.
11.6 Ministry & Counsel report was read by the committee clerk. It will be appended to these minutes.
11.7 Nominating Committee recommended the addition of Lucy N to the Ministry & Counsel committee. Meeting accepted that recommendation. They are continuing to discern around possible other additions to the committee.
Meeting closed with brief worship, purposing to meet again on the second Sunday of Twelfth 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 – 2019-10-31 | FY 2020 Budget | Amount Remaining | % Budget |
---|---|---|---|---|
Income | ||||
Contributions | $12,147 | $25,150 | $13,003 | 48% |
Interest Income | $7 | $680 | $673 | 1% |
Rental Income | $1,112 | $1,500 | $388 | 74% |
Solar Roof Lease | $0 | $240 | $240 | 0% |
Total Income | $13,266 | $27,570 | $14,304 | 48% |
Expenses | ||||
Program | ||||
Budget Committee | $0 | $30 | $30 | 0% |
Hospitality | $48 | $180 | $132 | 27% |
Library | $40 | $90 | $50 | 44% |
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 | $29 | $300 | $271 | 10% |
Total Program | $181 | $2,060 | $1,879 | 9% |
Property | ||||
Building Maintenance | $9 | $600 | $591 | 2% |
Debt Service | $1,903 | $3,806 | $1,902 | 50% |
Donation in Lieu of Taxes | $0 | $500 | $500 | 0% |
Electricity | $417 | $1,000 | $583 | 42% |
Grounds | $0 | $100 | $100 | 0% |
Insurance | $787 | $2,000 | $1,213 | 39% |
Replacement Reserve Expense | $2,000 | $4,800 | $2,800 | 42% |
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 | $5,872 | $18,685 | $10,813 | 26% |
Support | ||||
AFSC [4] | $652 | $1,565 | $913 | 42% |
Dover Quarterly Meeting | $0 | $10 | $10 | 0% |
FCNL [5] | $0 | $150 | $150 | 0% |
Friends Camp [6] | $0 | $300 | $300 | 0% |
FWCC [7] | $0 | $65 | $65 | 0% |
Interfaith Council [8] | $0 | $50 | $50 | 0% |
NEYM [9] - Equalization Fund | $0 | $290 | $290 | 0% |
NEYM - General Fund | $2,538 | $6,090 | $3,553 | 42% |
NH Council of Churches [10] | $0 | $75 | $75 | 0% |
Woolman Hill [11] | $0 | $230 | $230 | 0% |
Total Support | $3,190 | $8,825 | $5,635 | 36% |
Total Expense | $9,242 | $27,570 | $18,328 | 34% |
Net Income | $4,023 |
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 | 10th Month 31, 2019 | ||
---|---|---|---|
ASSETS | |||
Current Assets | |||
Checking/Savings | |||
Checking 123410166 | $16,541 | ||
Money Market 101049498 | $6,599 | ||
Total Checking/Savings | $23,140 | ||
Other Current Assets | |||
Prepaid Electricity | $8,583 | ||
Prepaid Expense - Other | $0 | ||
Prepaid Insurance | $315 | ||
Total Other Current Assets | $8,898 | ||
Total Current Assets | $32,038 | ||
Fixed Assets | |||
Building | $466,455 | ||
Land (including new lot) | $144,400 | ||
Total Fixed Assets | $610,855 | ||
Total Other Assets - NH Community Loan Fund [13] | $21,550 | ||
TOTAL ASSETS | $664,444 | ||
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 | $38,669 | ||
Total Long-term Liabilities | $57,588 | ||
Total Liabilities | $64,648 | ||
Equity | |||
General Fund Balance | $549,811 | ||
Temp. Restricted Net Assets | $0 | ||
Unestricted Net Assets | $45,963 | ||
Net Income | $4,023 | ||
Total Equity | $599,796 | ||
TOTAL LIABILITIES & EQUITY | $644,444 |
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 | $32,038 | |
+ Total NHCLF Loans | $21,550 | |
Total Available Assets | $53,588 | |
- Total Current Liabilities | ($7,059) | |
- Replacement Reserve | ($38,669) | |
- YTD Net Income | ($4,023) | |
($49,751) | ||
= Net Unrestricted Funds: (if projected budget is achieved) |
$3,837 |
Report of the Property Committee 11/10/19
Property Committee met this past week and would like the Meeting to know
Respectfully submitted, Greg Heath, Clerk
Youth Religious Education Report
To Meeting for Worship with attention to Business
November 10, 2019
YRE will be holding the following events in the upcoming weeks:
Links:
[1] https://www.afsc.org/sites/default/files/documents/about%20arnie%20alpert.pdf
[2] http://www.quakeragingresources.org/2013/05/green-burial-and-other-options/
[3] https://www.concordfriendsmeeting.org/sites/all/files/documents/CMM-IncomeExpenseFY2020asof2019-10-31forNov2019.xlsx
[4] https://www.afsc.org/
[5] https://www.fcnl.org/
[6] https://www.friendscamp.org/
[7] http://fwcc.world/
[8] https://www.greaterconcordinterfaithcouncil.org/
[9] https://neym.org
[10] http://nhchurches.org/
[11] http://woolmanhill.org/
[12] https://www.concordfriendsmeeting.org/sites/all/files/documents/CMM-BalanceSheetFY2020asof2019-10-31forNov2019.xlsx
[13] https://www.communityloanfund.org/
[14] https://www.serrv.org/
[15] https://www.concordfriendsmeeting.org/Service
[16] https://en.wikipedia.org/wiki/Peace_Light_of_Bethlehem