Annual Parish Report (September 1, 2017 - August 31, 2018)

The overall financial condition of the parish is very good.  In fact, our total net assets (i.e. our financial resources minus our financial obligations) have grown to $633,061.  This is a direct result of closely managing our expenses and increased giving from our parish family.  I wish to express my gratitude to the members of the Finance Council – Dario Rossi (Chairperson), Argante Cappelli, Neil DeRosa, Brian Dossie, and Kathleen Wright along with Trustees - Mercedes Colwin and Charles Pendola for their wise counsel and advice.  We thank Brian Dossie and Neil DeRosa for their service to the Finance Committee and welcome Michael Cardello.

 

Stewardship

  • Our Regular Collections, which include Sundays, Holydays, Christmas, Easter and Special collections have increased to $403,188 compared to last year’s $400,887.
  • The parish has 1,454 families registered.
  • Online Giving represents about 17% of those who donate. We continue to encourage our parish family to use WeShare which has the potential to increase giving and reduce administrative costs. 
  • Approximately 498 envelopes are mailed every other month. Of these, approximately 175 contribute regularly.
  • Every parish in the Diocese is required to fund two specific Diocesan financial mandates. Our fiscal responsibility for this past year includes $106,015 for the Diocesan School subsidy and $57,909 for the Diocesan assessment. 
  • We have been able to continue to provide lease space to two not-for-profit tenants in the former school building. This rental income contributes significantly to the overall financial well-being of the Parish. 
  • Due to your generous support in donations and fundraising, we have been able to set aside over $100,000 for future capital improvements in the Church & former school.

 

Fund Raising

  • Net Fundraising Activities reached $130,920 which includes the Annual Golf Outing, Feast & Festival and Catholic Ministries Appeal
  • The annual Golf Outing recognized Loretta Dressler, Marie & Charles Pendola, Donna & Dario Rossi, Connie & Phil Saglimbene, Doris & Jerry Stanick who collectively, have donated hundreds if not thousands of hours in service to our parish.
  • God graced the parish with spectacular weather for our annual St. Pius X Feast & Festival which had more than 250 volunteers, and record attendance and sponsorship. Truly the Miracle of the Feast was the warmth of our parish family - the joy of seeing fathers & mothers serving side by side with their children, young serving with those a generation (or two) between them, professionally trained chefs & bartenders volunteering their skills, new parishioners jumping right in and got involved. 
  • Total payments to the 2017 Catholic Ministries Appeal reached $85,716 from which the parish received a rebate of $46,972. We are grateful to our parish CMA Coordinator, Clare Crossley.

 

Ministry

  • Average Mass attendance has increased approximately 5% over last year! For this, we give thanks!
  • Our monthly Family Liturgy is well attended as is "San Pio Cafe" which welcomes everyone to hospitality following the liturgy and provides an opportunity to get to know one another.
  • Bi-annual meetings of our Ministry Leaders continue to encourage strategic planning, spiritual development and ongoing faith formation among all members of our ministries. We are pleased to ministries working together to offer creative opportunities for prayer followed by a social event.
  • Welcome/Consolation Ministry – Our Bakers Ministry continues to prepare baked goods along with a parish card of welcome and delivers to all new parishioners approximately a month following parish registration. In addition, our bakers deliver home baked goods along with a parish card of condolence approximately a month following the funeral to families who have lost loved ones. 

 

Faith Formation

  • Our PreK Bible program taught by experienced educator, Cathy Polz is flourishing!
  • Enrollment: 248 students – while this represents a 3% decline from the prior year, we believe it reflects the demographics of the area.

 

CYO - Our CYO Program under the leadership of Carlos Vieira (Basketball) and Laura Feijoo (Volleyball) continues to be an asset to the youth in the community.  While the program provides financial support to the parish, we are most grateful for the life lessons and guidance offered to all the children in the program.

 

Capital & Other Improvements

  • Refurbishing and cushioning of Church pews
  • Renovation of two restrooms in the former school building
  • Repair of fountain near the Grotto and as well as new brick work
  • Repair of walkways around the property
  • Installation of LED display sign in front of the church
  • Installation of new energy efficient lighting for the parking lots
  • Installation of new flooring in Madonna Hall kitchen and RM #1 of the former school building

 

Open to Dialogue! - The Pastor continues to gather with a group of parents to engage in an ongoing dialogue so that he can more fully understand the needs and concerns of families and how our parish family is (or is not) responding.

 

God Bless You,
Charles Pendola CPA, Esq. (Trustee) & Fr. Valentine

 

  2017-18   2016-17
(8/31/18)   (8/31/17)
       
REVENUE      
       
Regular Collections      
Sundays & Holydays 344,838   343,958
Christmas & Easter 58,350   56,929
Total Regular Collections 403,188   400,887
       
Fundraising      
Catholic Ministries Appeal 40,810   42,581
Feast 33,814   32,440
Golf Outing 51,441   55,899
Total Fundraising 126,065   130,920
       
Parish Programs      
Religious Education 47,329   50,199
CYO 102,169   113,728
Other programs 7,073   4,881
Total Programs 156,571   168,808
       
Other Revenue      
Interest 2,502   101
Donations & Bequest 93,442   51,490
Votive, Shrines, Baptism, Weddings 26,287   29,151
Auxiliary revenue 13,850   15,475
Total Other Revenue 136,081   96,217
       
Restricted revenue for capital improvements defered to 2017-2018     -126,359
       
Total Revenue 821,905   670,473
Excludes rental inc, Dioc coll      
       
EXPENSES      
       
Salaries      
Salaries & Benefits
 (excludes Rel Ed salary only)
293,474   304,205
Professional Fees 10,530   9,450
Total Salaries 304,004   313,655
       
Parish Programs      
Religious Education 50,121   51,213
CYO 44,410   50,239
Other programs 7,372   4,063
Total Parish Programs 101,903   105,515
       
Subsidy      
Regional School Subsidy 48,106   46,744
Total Subsidies 48,106   46,744
       
Office      
Postage, printing, supplies 4,975   6,133
Telephone (includes cable) 7,109   6,828
Office leases/Contracted Services 10,708   11,925
Total Office 22,792   24,886
       
Other      
Liturgical Expenses (includes flowers) 14,030   14,791
Choir 95   445
Diocesan assessment 57,909   63,688
Rectory 27,719   29,361
Miscellaneous 6,034   6,542
Total Other 105,787   114,827
       
Building & Maintenance      
Utilities 17,405   17,338
Maintenance & Repairs 24,479   20,604
Building Insurance 32,585   33,592
Capital Expenditures 177,551   13,470
Total Building & Maintenance 252,020   85,004
       
Total Expenses 834,612   690,631
       
Net (exclusive of Rental Income) (12,707)   (20,158)
       
Rental Income (Net) 164,846   158,641
       
Net 152,139   138,483
       
Net Assets (August 31, 2018) 633,061    
Net Assets (August 31, 2017) 480,922    
Net Assets (August 31, 2016) 342,440    
Net Assets (August 31, 2015) 288,349