Townhall Meeting July 15, 2018

On July 15, 55-60 congregants were present for the latest updates regarding our New Minister search, our finances and an update on the sale of this property.

New Minister Search

Nancy Harkins, Search Committee Chair Person reported that the committee had finalized the packet and was ready to turn it in to our home office. This in essence is the job posting. They will be updating the community through both announcements on Sundays and a weekly update in the Newsletter. (if you are not getting the newsletter, sign up below). Once the search committee narrows the Candidates to 2 or 3 they will be invited for a weekend to meet with members, deliver a Sunday message and teach a workshop.

Sale of the Property

The buyer of our property requested a 60 day extension on their first earnest disbursement in order for them to complete their due diligence. This was approved by NVC Leadership Council with the understanding that this first payment would be increased another $10k increasing it to $35k due on August 10.

NVC Finances

Current Financial Facts                                                       2018                 2017

Revenue Received thru June 30, 2018                       $211,000         $198,000

Expenditures thru June 30, 2018                                  $229,000         $225,000

Committed Giving for the year 2018                          $250,000         $189,000

Cash in bank June 30, 2018                                              $3,500

 

Sale of the property                                                                                                           

Closing date will be in mid to late 2019. Net cash to NVC +/- $1,800,000.

Ways to support and give to NVC                                                                                                       

Cash Envelops:  Place your name on the envelope so NVC can track your donations.

  •  This allows the Center to have statistics available for outside lenders
  • Allows the Center to provide reports for your tax preparation (Quarterly Statements are being mailed next week)

Checks: could be postdated if you are traveling                                                                   

Auto Tithe by credit card, debit card or automatic withdrawal from checking account. Please see Tom Rose Leadership Council, Treasurer

Lobby Kiosk: Credit card or debit card

Appreciated Stock: If you transfer shares of appreciated stock, you will receive a deduction for the Fair Market Value rather than what you paid for it.  Tom Rose can provide more information.

Donations in kind: NVC will issue a separate letter upon request. This usually results in a deduction of the Fair Market Value of the item.

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