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Finance Report.pdf

Finance2021.pdf
Preview of Finance Report
🔗 Source: wellingtonsouthcatholic.org
📊 Size: 1.1 MB
👤 Author: secretary
⬇️ Downloads: 103

Summary

The Catholic Parish of Wellington South's financial report for the year ended 31 March 2021 shows a total revenue of $382,530, down from $440,356 in 2020, and total expenses of $432,692, resulting in a deficit of $50,162. The parish received a government grant of $15,831 to help cover salaries during the Covid 19 crisis. Rental income was $82,385, with rental property costs accounting for nearly half of this income. The parish spent $547,517 on renovations at the Island Bay Church, which has been capitalized. The finance committee has identified priorities for the 2021/22 financial year, including the sale of the St Bernard's Church complex, monitoring financial performance, and renewing the planned giving program.

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Description

The Catholic Parish of Wellington South's financial report for the year ended 31 March 2021 shows a total revenue of $382,530, down from $440,356 in 2020, and...

Technical Information

  • File Format: PDF
  • File Size: 1.1 MB
  • Pages: 4
  • Language: EN
  • Author: secretary
  • Total Downloads: 103
  • Last Updated: 6 days ago

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