Finance Update, FY26 -Q1

November 13th, 2025
by Jason Bendickson

Here's the finance update for FY26, Q1 with Salt House Treasurer Irwin Dolobowsky.

1. Strong Giving to Start the Year

A great quarter for giving:
- Best July ever, second-best August, and above-average September.
- Noted that this time of year is usually slow for donations, so the strong start is encouraging.
- Expressed gratitude to the congregation for their generosity.

2. Pastor Benefits Update

The council and personnel team approved a new benefits package for the pastor.
It was about $1,000 over budget due to rising healthcare costs, but funds were available and it was deemed the right choice.
Thanks given to the personnel team for their work.

3. Building Fund Established

4. Finance Team and Open Roles

Appreciation expressed to Greg, Scott, Dale, and new volunteer Brian.
There’s a need for more finance volunteers, especially for Finance Secretary and Treasurer roles in 2025-26.
Mark later emphasizes the need for a Finance Secretary urgently, as the current one (Scott) needs to step down.

5. Financial Overview

Giving: ~$130,000 received vs. $146,000 budgeted — still ahead of historical trends.
Expenses: Currently under budget; seasonal fluctuations expected.
Net Position: Roughly $2,000 in the red, but expected to balance once building fund adjustments are made.
Parsonage rent was temporarily higher as tenants repaid missed payments.

6. Restricted & Designated Funds

Restricted funds (like social justice, community initiatives, and reparations) remain healthy with strong reserves.
The Social Justice Team is praised for actively finding ways to distribute funds into the community.
Members can designate donations to specific causes via Planning Center or by noting it on checks.

7. Overall Financial Health

8. Giving Methods

Two main giving methods: Joy Jar (in-person) and online.
Stock donations are currently unavailable but can be arranged individually if needed.

9. Closing & Call for Volunteers

Appeal for Finance Secretary volunteer—a light but essential role involving about 2–3 hours a month. Scott Moor is stepping down and we're looking for a replacement volunteer.
Thank you, Salt House, for your support and generosity.