The primary functions of the Finance Committee are to:

  • Monitor income, expenditures, and fund balances
  • Advise the Board of Trustees
  • Attend Board of Trustee meetings as requested (about 3 times a year)
  • Assist with the annual stewardship drive
  • Formulate an annual budget draft for the Board of Trustees with input from the committee chairs
  • Provide information for mortgage refinancing
  • Deposit and record contributions and other cash receipts
  • Pay expenses with appropriate documentation
  • Prepare Payroll
  • File tax forms (941, W2, 1099, MI, etc.) and remit payroll taxes
  • Generate monthly financial statements
  • Mail contribution statements 3 times a year