Finance Report
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May 2015
Dear Fellow Parishioners:
Happy Spring!
On behalf of the Finance Committee, and as promised, we are pleased to present to you our 2014 Audit
Report as at December 30, 2014.
Revenue:
Direct Deposits:
Saint Michael’s Collections:
Immaculate Conception Collections:
Sacred Heart Collections:
Interest:
Bequests:
All other Income:
$71,057
$222,845
$9,801
$18, 670
$11,101
$23,124
$12,257 (card games, parish picnic, chowder luncheon, dinner theatre etc)
$368,854 Total Revenue:
Immaculate Conception Parish Finance Committee  1

Finance Report
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Expenses:
Religious Education:
Diocese Assessment:
Salaries & Benefits:
Utilities:
Liturgical:
Office & Communication:
Travel:
Insurance:
Maintenance:
Residence Expenses:
Franciscans Reimbursement:
All Other Expenses:
Total Expenses:
Net Income:
The Balance Sheet
Current Assets:
Fixed Assets:
Other Assets:
Current Liabilities:
Long Term Liabilities:
Total Liabilities & Equity:
$63, 359
$1,228,708
$489,102
$20, 219
$1,521
$1,781,170
$15,104
$27,669
$27,085
$23,329
$337,786
$31,068
$9,236
$47,727
$80,006
$49,300
$16,607
$18,085
$13,132
$10,506
Immaculate Conception Parish Finance Committee  2

Finance Report
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The independent auditor has filed his report with the Archdiocese of Halifax, following their Internal
Audit Requirements. In his report he noted that no major accounting or control issues were identified during the audit. The accounting books and back - up system on site are in good shape. A special thank you to Doug Bolton for completing the audit report as a contribution to our Parish.
If anyone is interested in receiving a copy of the full audit report or the full year end financial statements, please feel free to access from the office or on the Parish website.
In our efforts to increase direct communication with you, and to reduce our environmental footprint, we encourage you to provide us with your email address so that we can send you electronic reports.
You can get on our email list by sending your address to icc.truro@ns.sympatico.ca
The financial health of our Parish is directly related to the giving and contributions of you our parishioners. We receive no government money. Thank you for your support in 2014.
Revenue is down for the first quarter of 2015 given the number of snowy Sundays in February &
March. Please help us with catching up if you can.
Please don’t hesitate to contact me, or Father Dariusz, at any time, should you wish to discuss this report or the activities of the Finance Committee.
Together in Christ,
______________________________________
Fr. Dariucz,
Parish Priest
893-7188 icc.dariusz@eastlink.ca
_______________________________________
Dianne Kelderman,
Finance Committee Chair
899-0070 diannefk@eastlink.ca
Immaculate Conception Parish Finance Committee  3