We have been engaged in fundraising to pay off the debt incurred as a result of the building renovation project. The most recent financial report for the Building for Ministry Debt Retirement appeal follows:
Building for Ministry Debt Retirement Appeal Financial Report April 30, 2019 |
|
Total Amount Pledged to Debt Retirement Appeal | $363,165 |
Retirement pledges received since start of appeal | $357,359 |
Retirement pledges received in 2019 | $15,608 |
Cash on hand as of April 30, 2019 | $39,305 |
Member loans | |
Interest paid during 2019 | $0 |
Loan repayments during 2019 | $100,000 |
Total Indebtedness | $0 |
The debt incurred by the Building for Ministry project has been fully repaid. This ends the Building for Ministry financial campaign. Thank you very much for your generosity in seeing this project through to a successful conclusion.