Delegates Approve $22.3 Million Budget for 2013

Dean Lundgren

Dean Lundgren, vice president for finance and treasurer, pointed out that the budget format reflects the work of all mission and ministry initiatives, including core operating budget ministries, but also affiliated ministries such as Covenant World Relief, Paul Carlson Partnership, Sustaining Pastoral Excellence, Covenant Orientation, short-term and project missionaries, and missionary in-country projects, among others.

Below are the dollar amounts approved for the 2013 Mission and Ministry Budget allocations along with the percentage of the budget each represents, followed by the 2012 budget and the percentage of the budget each priority area represents.

• World Mission – 2013: $10.65 million (47.9 percent); 2012: $9.58 million (44.9 percent)
• Compassion, Mercy, and Justice – 2013: $3.9 million (17.5 percent); 2012: $4.08 million (19.1 percent)
• Church Growth and Evangelism – 2013: $3.64 million (16.3 percent); 2012: $3.55 million (16.6 percent)
• Ordered Ministry – 2013: $1.65 million (7.4 percent); 2012: $1.72 million (8.2 percent)
• Christian Formation – 2013: $1.32 million (5.9 percent); 2012: $1.28 million. (6 percent)
• North Park University and Theological Seminary – 2013: $1.14 (5.1 percent); 2012: $1.14 million (5.4 percent)

Because the work of the Department of Communication and General Administration serve all ministry areas, those two areas of expense are allocated to the various ministry initiatives commensurate with the contributions made in each ministry area. Those two areas continue to manage individual departmental budgets as do the other ministry areas, however.

Below are areas from which projected revenue is to come and the percentage each represents – those numbers are followed by figures from the current budget.

• Local church giving – 2013: $8.74 million (39 percent); 2012: $8.71 million (41.7 percent)
• Directed mission and ministry – 2013: $7.26 million (33 percent); 2012: $6.79 million (32 percent)
• Transfers – 2013: $1.16 million (5 percent); 2012: $1.36 million (6 percent)
• Individuals – 2013: $1.5 million (7 percent); 2012: $1.39 million (7 percent)
• Other support – 2013: $3.17 million (14 percent); 2012: $2.58 million (12 percent)
• Communication sales and income 2013: $478,000 (2 percent); 2012: $525,000 (2 percent)