Winter Edition | January 2019
2018 Year-End Totals
Total Investments : $45.1 Million
Total Investors : 442
Total Assets : $47 Million
Total Active Loans : 121
Loan applications received in 2018: 89
President's Corner
We have just celebrated the arrival of 2019, and are starting the year off with a big announcement! 2018 ended with our Loan Fund going over the $47 million mark in total assets! We are thankful for the consistent growth of the Loan Fund, and this wouldn’t have happened without our amazing investors. Your involvement and trust in the Fund are instrumental.
 
From January 1 through December 31, 2018 we provided loans for 35 churches. The churches are located throughout the United States, from the only United Pentecostal Church north of the Arctic Circle in Kiana, Alaska, to way across the country in southern Florida at Hope Apostolic UPC in Port Charlotte. It is thrilling as we receive reports of people coming to know God, being baptized in Jesus name and being filled with the Holy Ghost. Although you nor I can be there to see these souls reborn, it is your investments in the Loan Fund that are helping to make the difference.
 
We are keenly aware of our greatest challenge for 2019, and that is to increase our investments and investors due to our large increase in loan requests. We would love for you to share the opportunity of investing in the UPC Loan Fund with your family and friends. Not only will you receive a great return, but you will also have the benefit of knowing that many souls are finding salvation at our Loan Fund churches who are actively growing and expanding their facilities with new financing.
 
Every year we are thrilled as we close out a successful year and plan for the next year, and 2019 is no exception. We wish each of you a wonderful year full of blessings from God!

Happy New Year!
Stephen M. Drury
Exciting Investment Options!
Tired of seeing your investment/retirement portfolio move up and down in the market? Invest in the Kingdom with the Loan Fund and see a more consistent return with fixed rates of interest. Plus, you will be helping to build and grow UPCI churches all across North America. Your investment will not only outperform most certificates at local banks, but it has the added bonus of enabling churches to better serve their communities and reach the lost. 

We have several exciting investment options:

>Standard Certificates - Lock in your rate for 1, 3, or 5 years!


>Coverdell Education Savings Accounts - Be ready for college expenses!

>Demand Certificates - Flexible month-to-month term!
New Life Church, Cumberland, Indiana
By Pastor Michael Faulk
From the beginning of our first service in April 2013, God has had His hand on New Life Church. After approximately eighteen months into the church plant, we had a great group of people growing, but not enough space. We were at a crossroads and praying for the right direction. 

At the first General Conference we attended after our launch, a miracle began happening during the Global Missions service. We did not give a large amount, but we sacrificially gave all that we were able. A few weeks later, we received a call from a CPA in the Chicago area. He had a client based in Chicago that owned a duplex in Indianapolis. The client wanted to donate the property to a non-profit and asked if we would be interested. About a month later God put us in contact with a local farmer who agreed to sell us 4.44 acres on the corner of a well traveled road for a MIRACLE price of $30,000. The sale proceeds from the donated duplex became the seed money to purchase the 4.44 acres, which became the future home of New Life Church.

These preceding events became the catalyst that propelled us into our Church-In-A-Day project that took place during the 2016 General Conference in Indianapolis. Thanks to North American Missions, Church-In-A-Day, and financing with the UPCI Loan Fund, we were able to move from a dilapidated 100-year old building to a brand-new building with office, worship and classroom space. This has revolutionized our church, given us a voice of stability in our city, and has impacted countless lives. Here are a couple examples:

Jagger is a fifteen-year old young man who was witnessed to by a high school classmate. Although he came from a very tragic home life, he had a tender heart and God began to move. Jagger started attending New Life Church in the spring of 2018, was baptized in April and received the Holy Ghost in May. Today he is involved in our Worship Team and plays the drums regularly. 

Jan walked away from God as a young adult after being raised in a Pentecostal church. Ten months ago, she walked through the door of New Life Church and a few weeks later, God refilled her with the Holy Ghost. In January 2018, she committed to read her Bible through the B.R.E.A.D. Program and HAS NOT missed a day!

Had it not been for the investment of North American Missions, Church-In-A-Day, and the UPCI Loan Fund, we would not be where we are today. Today, our attendance has more than doubled from our pre-CIAD average. 

You may never meet Jagger or Jan, but they will thank you in eternity for the investment you made in their lives. 

For more information on New Life Church in the Cumberland/New Palestine, Indiana area, visit their website. 
Meet Our New Team Member
We are excited to introduce our newest team member, Reverend Rick Lovall. Rick has joined the team as a part-time consultant for loans and investments.
 
Rick has a degree in Banking from the Barret School of Banking at Christian Brothers University, as well as over 15 years of experience in banking and commercial lending.
 
Rick is also the pastor of The Sanctuary of Sikeston, Missouri, where he and his family live. He and his wife, Kelby, have two sons, Easton and Parker. Rick will be working remotely from Sikeston most of the time.
 
He will now be the primary point of contact for church loans. So if you would like to learn more about our loans or the process, feel free to contact Rick today. He can also help with answering questions about Stewardship Campaigns and Church/District investment services.
 
He is looking forward to getting to know our wonderful Loan Fund Pastors and investors. Welcome Rick!
 
Rick Lovall
Phone: 636-466-4929
IRA Updates

Good news to anyone interested in or who already owns an Individual Retirement Account (IRA)! The Internal Revenue Service has released updates to contribution limits for Traditional and ROTH IRAs for 2019. The previous limits have been raised by $500. This means you can save more for retirement and continue to help us build and build up the Kingdom of God. Also, as a reminder, you have until April 15, 2019 to contribute to your IRA or the 2018 tax year. Contact us for information on a new IRA in the Loan Fund at 636-229-7949, or contact our IRA administrator at GoldStar Trust for information on a current IRA account at 800-486-6888. Contribution and application forms can be found on our website at upciloanfund.org/forms
YouTube Channel

Have you checked out our YouTube Channel? We have over thirty videos uploaded now for viewing!

  • Construction & Renovation Projects
  • Informational Videos on Investments
  • Informational Videos on Loans
  • Photos from our Investor Banquets

Subscribe today to stay in touch: www.youtube.com/UPCLF.
United Pentecostal Church Loan Fund | 636.229.7949 | info@upciloanfund.org | upciloanfund.org