Welch Memorial (High Point)

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GCFA Number: 295406

Change Expense Year

Factors used in calculation of your 2022 apportionments:

Total 2022 apportionments: $14,815,327

Average Net Expenditures: $186,937,465

Multiplier: 0.0792526421

Churches Three Year Average: $52,735

The Conference Apportionment Funds for 2022 have been calculated for each local church on the basis of the church's average "net expenses" for the years 2018, 2019, and 2020 as reflected in the annual reports from the churches and pastors. Those numbers for your church are shown below. Each of the apportionments is calculated separately for each church and rounded to the nearest dollar; however, you can figure the total of the funds for your church, within a dollar or two, with the following formula: multiply your three-year average by the multiplier (which is the figure obtained by dividing the total 2022 funds by the average net expenditures of all the churches).
Effective Year 2020 2019 2018
District Apport Paid (2019 only, other years in App Paid) $459 $467 $0
Apportionments Paid $4,812 $4,806 $5,370
Pastor(s) Pension Benefits Premiums $400 $533 $519
Pastor(s) Health Benefits Premiums $0 $0 $0
Compensation - Senior Pastor $5,948 $5,948 $3,520
Compensation - Associate Pastor(s) $0 $0 $0
Compenation - Deacon(s) $0 $0 $0
Housing - Senior Pastor $0 $0 $2,190
Housing - Associate Pastor $0 $0 $0
Housing - Deacon $0 $0 $0
Reimbursements - Accountable (All Clergy) $995 $598 $0
Reimbursements - Non-Accountable (All Clergy) $0 $0 $673
Compensation - church staff and diaconal ministers $5,400 $7,800 $7,800
Church Program Expenses $651 $1,189 $1,013
Church Operating Expenses $27,167 $30,794 $39,153
Total $45,832 $52,135 $60,238
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