April meeting report

The Board welcomed Terry Miller as a new member. Terry and Sue just returned from Florida so in April he attended his first meeting; Terry will be a wonderful addition to the Board.

Pierre Denis has completed Allergy Awareness training as required by the Board of Health.

Steve Downs reported that there are no major repairs or issues for the church building or grounds. The elevator continues to have occasional malfunctions despite recent repairs. He will look further into this issue. The Emmaus House recently passed inspection by the Orleans Fire Department. All major repairs on the condo parsonage have been completed.

Treasurer Ernie Rogers presented projections for the church's funds, using different scenarios in terms of interest rates and withdrawal rates spread out over 20 years. This was done with input from the Cape Cod Five Bank where the funds are managed. At current and past rates of withdrawal each year to balance the church budget and the average rates of return over the past several years, the projection is that the principle in the funds will remain pretty constant.

The Finance committee and the Board of Trustees approved a recommendation by Ernie Rogers to form a Capital Reserve Fund in order to accumulate a reserve of money for expensive capital expenditures on any of the church's properties (Church, Parsonage, Emmaus House). This Reserve Fund will not be a budget item but approximately half of the money received from the town for the Emmaus House will go into this new fund.

The Trustees supported the recent action by the Board of Living Mission in Action to reinstate donating an additional $5,000 each year from the Virginia Cook Local Missions fund to help support the PreSchool. Prior to 2004 the church provided $5,000 to the school.

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The Federated Church
of Orleans

162 Main Street, PO Box 761,

East Orleans, MA, 02643

Office Hours : 9-4 (Mon-Fri)

Telephone : ​(508) 255-3060

Email: administrator@fedchurchorleans.org

Building God’s World
with Justice and Compassion
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