St Peter’s Church – A new focus – Part 3
Our proposed plan for the long-term financial sustainability for St. Peter’s church is divided into 3 parts.
In Part I, we identified that the level of financial support provided by our congregation at $78,393 per year will not cover the variable cost of our annual employee compensation of $138,185. It prompts us to examine the merits of maintaining a full-time minister.
In Part II, we recognized that we have a wonderful facility which was purpose-built for our large congregation. We already have the precedent for sharing it with the Salvation Army. We identified the many areas where we have excess capacity within our facility that can be leased to make up our budget’s expected shortfall. We must look at multiple options, from leasing our parking spots, our auxiliary rooms, and basement, to sharing the sanctuary.
