• Canby Christian Church

Financial Update from Pastor Aaron

Hello CCC Family,

I wanted to send you a quick update on a few items, primarily a financial update.

No one could have imagined at the beginning of the year what the next several months were going to look like. I don’t know about you, but I personally was going into 2020 with a high level of optimism. Now that we are in August, I’m still very much optimistic, but certainly more realistic.

COVID-19 has forced us to rethink ministry. And I don’t just mean us here at CCC. Every church has had to adjust. Every day feels more and more like a walk of faith. Life seemed so predictable before. Now, we wake up to new information, new guidelines, new cases and death tolls, new narratives—and of course, a sweltering political climate (Is it hot in here or is it just me?).

With all that said, I am so thankful to God for the way He has led and guided us through this season. For the most part, our church has maintained consistent and biblical unity. No matter where everyone has stood on the mandates or guidelines, we have learned how to make our unity and fellowship more important than opinions—I truly hope we all realize how amazing that is. I give thanks to God for your fellowship and partnership in the gospel, especially at this present time.

When we had to transition to online services only, it was EXTREMELY difficult for me personally—and I know it was difficult for many of you. As time went on, however, I found that I was getting used to this online thing (it was then I realized we needed to get back to gathering—fast!). Thankfully, as guidelines and restrictions shifted, allowing us to meet again (albeit different than before), we were quick to jump through this window of opportunity. Since then we have seen many from our church return. We have actually seen many new people come and visit after participating in our online services for several weeks. We understand that many have continued to stay home, and we continue to pray and look forward to when we can all gather again safely and wisely.

Something new in our 2020-2021 budget is an upgrade to our camera and video streaming equipment to better serve our church and new people who are looking for a church family. We are grateful for the excellence we have been able to do so far with this medium of ministry, and we want to continue to improve.

One other area I am extremely grateful to God for is the faithfulness in generosity and giving from our church body. In December, we adopted an optimistic budget, having no idea what the future would bring. When COVID-19 hit, we had no idea what our income would be. So, we opted for the conservative route. Expenses went down, but income did not! Instead, giving became more consistent as those who could commit to regular giving did so, primarily through our online service.

Some hard numbers:

· The average monthly income from tithes and offerings is roughly $35,000 (a low of 32k and a high of 39k). We budgeted for an average of $38,000. Although, we did this knowing that we may be short of that amount because our 8-month budget lacked a December month, which is typically the largest month due to year-end giving. We were going to make up the difference from our savings. However…

· Not including rental income (which brings the income higher), our net profit for the last 7 months is near $14,000, which means that our expenses are under income through the 8-month budget. Praise the Lord, that we are not in the red.

· As of July, our rental property net income is $11,000 after using $16,000 to renovate the hallway of the church. There are two small mortgages on the rental houses we own, which are trending to be paid off in less than two years. After that, the rentals should be providing roughly a $70k net profit every year. These funds will help to offset rental expenses, and allow us to do the upgrades to our church that we have continued to do.

· There is currently just under $140,000.00 in the church checking and savings accounts; $35,000 of the above amount is in the rental checking account to cover rental expenses; and a total of $165,000.00 when including restricted funds for youth and mission trips.

· All this to say, our church, through the faithful, consistent and sacrificial giving of everyone in our body, is not skipping a beat. We are continuing to meet the needs of our body, the ministries we support, and fulfill our mission Christ has us on.

As we move into a new fiscal year, I am excited to see what God is going to do. We have often said that a budget is simply a fiscal reflection of our heart and desires as a church (something Jesus Himself would agree with). We want to be wise stewards with what the Lord gives to us. We believe that God is doing great things, and will continue to do great things through our church as we continue to lean into Him.

As always, if you have any questions about the budget, including actual income and spending, do not hesitate to contact the church office to set up an appointment, or simply send an email. We understand that not everyone wants to wade in the quagmire of church financials, but we also believe that transparency is king.

If you are a member of CCC, we trust that you will take the time to vote on the budget and ask any questions, if you have them. But even if you aren’t a member yet, and you have been giving, we still find it important to share with you the financial state of our church body.

The last item I will share is a request, I ask that you take some time to pray over the next couple of weeks about our church budget. Pray that we not only meet our budget in the coming year, but pray we exceed it so that we can break through into other areas that God may want us to. Pray that we learn to depend on God in every way, especially with our finances. God is Provider!

With Love,

Pastor Aaron Adame

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