Mid-America 2023 Finances
We are pleased to report that our Region was able to end 2023 in a good financial position. Thanks to market gains, our investment values are up $501,319 over the same period last year. Regularly scheduled distributions from these holdings enable us to support various ministries throughout the Region each year. As for the operating budget, income was very nearly what was projected, in part thanks to the generosity of donors to our CCMA Ministry Fund (for a total of $14,192) and to the annual Christmas Special Offering for Regional Ministries (for a total of $12,148 so far). We are grateful to all who contributed to these efforts, and to Disciples Mission Fund. Having worked hard to minimize expenses, we had a positive net operating margin of $2,908. We appreciate our Regional Treasurer Gail Turner and the budget committee for their diligent stewardship of our Regional finances.
|