First UMC Elgin

$413K First UMC Elgin
Budget Breakdown for 2024

• Admin (12.6%)
  • Administration in ministry ensures wise stewardship, effective resource allocation, and accountability, enabling the church to fulfill its mission and make a lasting impact. Items in our administrative budget include our Staff salaries, building insurance, church and parsonage utilities, and various Committee expenses.
• Nurture (15.9%)
  • The Nurture Ministries of the congregation shall give attention to, but not be limited to, education, Christian formation, membership care, and small groups. Attention must be given to the needs of individuals and families of all ages
• Outreach (16.7%)
  • The Outreach Ministries of the church shall give attention to local and larger community ministries of compassion, justice, and advocacy. These ministries include church and society global ministries, higher education, and campus ministry, health, and welfare. Christian unity and interreligious concerns, religion and race, and the status and role of women
• Witness (11.6%)
  • The Witness Ministries of the church shall give attention to developing and strengthening evangelistic efforts of sharing of personal and congregational stories of Christian experience, faith, and service; communications; Lay Servant Ministries; and other means that give expressions of witness for Jesus Christ.
• Worship (43.2%)
  • The Worship Team draws on the best of our tradition and is Sacramental, Liturgical, Indigenous, Connected, and Embodied (SLICE). Each service is centered and flowing from the cross to answer how and where in the worship you re-link with Christ, with each other, and with the world.

*Building and staff-related costs are distributed across the categories, as they help support the many ministries and projects of the church. Allocating building and staff-related costs across various Ministry Teams is a common practice that ensures that each team shares the operational expenses proportionately. This method promotes financial transparency and accountability, as it allows for a clear understanding of how resources are utilized within an organization. It also aids in budgeting and financial planning, as each team can anticipate their share of the overall expenses and plan accordingly. Moreover, this allocation method can lead to more equitable and efficient use of resources, as it encourages teams to be mindful of their expenditure in relation to the organization's total costs.