Below is the parish financial report for fiscal year 2015—2016. Although we continue to run at a deficit, we have cut expenses over the past year by reducing the costs of both payroll and maintenance. Also, we are selling property to further reduce expenses.

Despite reductions, the staff, along with generous volunteers, continue the mission of the Church here in Salem with creative programs like: KidsChurch for infants and preschoolers; our parish concert at The Field of Dreams, through which we brought the Gospel message beyond the boundaries of our churches; a collaboration with the public schools to aid students who lack adequate food and clothing; our new Family Faith Formation program that collaborates with parents to instill Gospel values in our young people; a new Youth Center (former preschool) with added youth groups for students from grades three through high school.

Pope Francis reminds us that our call as disciples of Jesus is to make a difference in the lives of all those around us. In the coming year, please prayerfully consider how God might be calling you to help build up our parish. In whatever way God calls you to contribute, be it with time, talent, or treasure, he is certainly inviting you to play a role in his plan for making his Kingdom ever more present in Salem.

-Fr. Tom

July 1, 2015-June 30, 2016 Operating Revenue and Expenditures

Revenue:                                                                             Actual:

Offertory                                                                           $726,318.95
Fundraising                                                                          23,760.85
Donations                                                                              57,023.91
Other                                                                                      63,878.93
Total Revenue: $870,989.62

Expenditures:

Salary/Benefits                                                                  $367,184.71
Religious Education                                                            112,178.42
Supplies                                                                                   67,734.63
Contracted Services                                                              25,097.58
Repairs & Maintenance                                                       46,325.84
Insurance                                                                                39,780.00
Diocese Assessments                                                          193,207.21
All Other Expenses                                                             107,296.48

Major Expenses:

New Roof St. Joseph School                                             15,000.00
Repairs St. Joseph Church                                                  8,793.00
Convent Appraisal                                                                2,200.00

Total Expenditures:                                                       $984,797.87

Total Net Loss:                                                              ($113,808.25)