Financial Report
St. Anne's Parish, Shrewsbury, MA

January 31, 2022

PARISH INCOME

FY 2021
Actual

FY 2022
Projected

Parish Collections
Regular Sunday Collections $439,838 $448,972
Christmas Collection $7,254 $7,299
Easter Sunday Collection $4,365 $7,500
Holy Day Collections $4,631 $5,346
Gifts and Bequests $4,106 $3,070
Fuel & Maintenance Collection $14,876 $9,034
Snow Removal Collection $2,440 $4,000
Religious Education (Registration Fees) $4,957 $40
Total Parish Collections: $482,457 $485,261

Other Parish Income
Bulletin Income, Memorials, Misc. Refunds, Flower/Candle Donations, Raffle, etc. $11,978 $15,040

TOTAL PARISH INCOME (A)

$494,435

$500,301

Building Fund Collection

These gifts were deposited into a Capital DEF Account at the Chancery as a separate St. Anne's Account and are not included in TOTAL PARISH INCOME above.

$8,576


PARISH EXPENSES

Financial Obligations to Worcester Diocese (Cathedraticum)

Includes Retirement for priests and religious, Catholic Schools, Property/Liability Insurance, Worker's Comp, employee pensions, Catholic Free Press Assessment, etc.

$74,919 $83,790
Repair & Maintenance, including Preventative Maintenance (Church & Church Grounds) $87,912 $78,790
Utilities (Electric, Water/Sewage, Heat, Phone System) $41,946 $54,586
Parish Administration & Supplies (Church, CCD, Other) $25,684 $26,800
Insurance (Health/Dental) $23,683 $7,711
Liturgical Expenses $9,094 $21,847
Payroll (Clergy, Staff, Misc. Contractors) $245,133 $218,319
Rectory & Parish Hall Operating Expenses
(Includes food, supplies, cleaning, maintenance)
$16,707 $26,646
Religious Education Expenses $2,400
Other: Priest Car Allowances, Parish Events, Catholic School Tuition, Travel, Misc. Memberships, etc. $34,615 $17,668

TOTAL PARISH EXPENSES (B)

$559,693

$538,558

NET: INCOME MINUS EXPENSES (A MINUS B)

($65,258)

($38,257)


CASH ASSET DETAIL

St. Anne's Savings Account (DEF)* $144,383 $123,828
Legacy Distribution to St. Anne's (included in the above balance) $42,952
St. Anne's Building Fund (Capital Fund to save for $250,000 repair of Fr. Smith Center roof) $76,751 $88,417
Building Fund Checking Account $7,639 $4,548
Total Building Fund $84,389 $92,965

*Withdrawal made from St. Anne's Savings Account (DEF) to pay for deficit


$50,000

$35,000