Convention Booklet 2025

The Diocese of Southwestern Virginia 2025 DETAIL OPERATING BUDGET

2025

2024

2025 Mission

Proeosed

2024 Budget

Projected

Asking

Budget

INCOME

Current Year Parish Pledges

996,465

1,070,806

1,021,726

989,507

Prior Year Parish Pledge Pledges

45,315

45,000

10,000

10,000

All Other Ministry Income

60,174

69,700

88,800

88,800

1,094,996

1,120,526

1,112,165

1,169,606

TOTAL OPERATING INCOME

Expenses MISSION INITIATIVES Global Goals Grants

13,204

13,000

13,100

13,000

Ministry to People with Disabilities

300

300

300

Ecumenical Ministry

250

250

250

Adult Formation

3,750

2,490

5,000

5,000

Daughters of the King

1,000

1,000

2,000

2,000

Way of Love-Joining God Evangelism Resources

1,000

2,000

2,000

536

2,500

2,195

Bishop Marmion Resource Center

3,000

3,000

Children's Christian Formation

1,000

1,000

144

1,000

Youth Ministry

42,538

36,000

50,000

50,000

Young Adult Ministry

250

903

2,000

2,000

33,547

Higher Education Ministries

33,000

33,000

31,000

Beloved Community

3,195

7,500

7,500

7,500

Beloved Community Grants

30,000

30,000

Prison Ministry

1,200

1,200

1,500

1,500

United Thank Offering

200

1,000

1,000

Digital Resourcing

1,000

1,000

1,000

0

Appalachian Ministries

3,000

3,000

3,000

3,000

29

Stewardship Resourcing

1,000

1,000

1,000

Haiti Missions

1,000

917

1,000

1,000

Total MISSION INITIATIVES

105,154

104,795

157,550

157,550

STAFF

Staff Stipends

698,181

678,047

678,047

670,450

Pensions

95,562

84,985

84,985

90,970

151,176

Insurance Benefits

151,176

175,840

161,537

25,832

FICA Expense

26,194

31,309

31,309

Travel

33,333

34,400

32,265

34,400

Business Expenses

11,450

11,500

11,500

7,795

Continuing Education

8,000

8,000

8,000

6,968

Contract Labor

68,106

78,656

78,656

55,000

Total STAFF

1,065,353

1,078,073

1,078,073

1,102,130

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