Grace Chapel (Granite Falls)

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GCFA Number: 299687

Change Expense Year

Factors used in calculation of your 2023 apportionments:

Total 2023 apportionments: $13,332,465

Average Net Expenditures: $167,091,142

Multiplier: 0.0797913632

Churches Three Year Average: $144,305

The Conference Apportionment Funds for 2023 have been calculated for each local church on the basis of the church's average "net expenses" for the years 2019, 2020, and 2021 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 2023 funds by the average net expenditures of all the churches).
Effective Year 2021 2020 2019
Pastor(s) Pension Benefits Premiums $7,340 $5,412 $7,020
Pastor(s) Health Benefits Premiums $14,003 $12,291 $12,840
Compensation - Senior Pastor $59,976 $59,976 $57,120
Compensation - Associate Pastor(s) $0 $0 $0
Compenation - Deacon(s) $0 $0 $0
Housing - Senior Pastor $0 $0 $0
Housing - Associate Pastor $0 $0 $0
Housing - Deacon $0 $0 $0
Reimbursements - Accountable (All Clergy) $622 $1,077 $3,110
Reimbursements - Non-Accountable (All Clergy) $0 $0 $700
Compensation - church staff and diaconal ministers $17,972 $23,509 $27,245
Church Program Expenses $4,689 $3,368 $6,614
Church Operating Expenses $26,857 $34,506 $46,667
Total $131,459 $140,139 $161,316
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