Together Archive

Items about Offering

  • SC financial update

    A special message from President Mark Schroeder... read more

    Published on: July 10, 2009

  • Quarterly financial report

    Financial numbers for the synod's operating budget are in for the second quarter of the 2008-09 fiscal year—from all indications it appears the synod's operating budget remains headed for a $3.7 million deficit by the end of the fiscal year. That's $300,000 more than the $3.4 million buffer fund created by a surplus the prior year. Under spending will be used to make up the difference... read more

    Published on: January 19, 2009

  • Important CMO notice for pastors and treasurers

    With the end of 2008 approaching, WELS Chief Financial Officer Todd Poppe is asking that all congregations continue to mail Congregation Mission Offering (CMO) deposits and processing coupons to WELS' bank lockbox, which provides effective and efficient deposit processing for the synod. Gifts received by the bank lockbox up to and including Jan. 9, 2009, will be credited as 2008 CMO if accompanied... read more

    Published on: December 1, 2008

  • SC, COP address challenges and opportunities

    From the office of President Mark Schroeder... read more

    Published on: November 17, 2008

  • A new challenge, the same promises from a gracious God

    A special message from President Mark Schroeder... read more

    Published on: November 10, 2008

  • First quarter budget figures in

    Budget numbers from the first quarter of the synod's 2008-09 fiscal year are in—they show support of $8.4 million, which is $700,000 less than expenses of $9.1 million... read more

    Published on: October 20, 2008

  • One year of "Together"

    From the office of President Mark Schroeder... read more

    Published on: September 15, 2008

  • Mixed news in latest financial report

    The latest Executive Summary—prepared by WELS' chief financial officer for the Synodical Council and the Conference of Presidents—shows mixed news for the synod's operating budget the first month into a new fiscal year... read more

    Published on: August 18, 2008

  • Thank God for his blessings!

    From the office of President Mark Schroeder... read more

    Published on: July 21, 2008

  • "Year of Jubilee" launched at district conventions

    "Year of Jubilee," the new synodwide offering designed to reduce WELS' debt of $22.4 million, was launched with special presentations at each of the 12 district conventions last month. Nearly $30,000 in gifts has been received from delegates themselves at eight of the conventions... read more

    Published on: July 7, 2008

  • Projected budget surplus lowered

    WELS Chief Financial Officer Todd Poppe is revising downward the anticipated surplus in synod's fiscal year operating budget... read more

    Published on: June 16, 2008

  • Greater budget surplus anticipated

    The latest report from the synod's chief financial officer shows that if positive trends continue, the synod's operating budget could end the fiscal year with a surplus of more than $3 million, which is $800,000 more than previously anticipated... read more

    Published on: May 19, 2008

  • Support for synod operating budget remains strong

    February's financial figures show support for the synod's operating budget remains strong. Through the first eight months of the 2007-08 fiscal year, support of $24.6 million exceeded expenses of $22.1 million by $2.5 million. The budget appears on track for a $2.2 million dollar surplus at year's end. Any surplus would be used to create a buffer fund to offset any future budget shortfalls... read more

    Published on: March 17, 2008

  • Synodical Council to consider encouraging budget news

    The latest support forecast anticipates a synod operating budget surplus of $2.2 million for the fiscal year ending in June 2008 and will be presented for approval to the Synodical Council when it meets later this month. (Note: the forecast was prepared before the special one-time Congregation Mission Offering gift of $200,000 mentioned by President Schroeder in his opening remarks.) Any surplus would... read more

    Published on: February 18, 2008

  • WELS Church Extension Fund assets up 10 percent

    Audit results show that WELS Church Extension Fund (CEF) closed the 2006-07 fiscal year with more than $70 million in member investments—up about 10 percent from a year ago. CEF currently has outstanding loans of nearly $115 million... read more

    Published on: November 5, 2007