2012 Annual Report--Columbia Union Conference by Columbia Union Visitor

Columbia Union Conference of

Seventh-day Adventists

Transforming But we all, with unveiled face, beholding as in a mirror the glory of the Lord, are being transformed into the same image from glory to glory, just as by the Spirit of the Lord. â&#x20AC;&#x201D; 2 Corinthians 3:18, NKJV

2012 Annual Report

from the President Columbia Union Conference Mid-Atlantic Headquarters

Transforming Our Christian journey can be likened to that of a butterfly. It takes time, vision and perseverance to grow from who we are into the likeness of Christ. Yet, we do not change ourselves. It is through personally experiencing God’s transforming love, mercy and grace that we are reborn and made new. As Paul wrote to the Corinthians, “But we all, with unveiled face, beholding as in a mirror the glory of the Lord, are being transformed into the same image from glory to glory, just as by the Spirit of the Lord” (2 Cor. 3:18, NKJV).

In the Columbia Union, our overarching theme is “Experience the Mission.” Our prayer is that our leaders and members will find creative and collaborative ways to engage in the joy of sharing Christ and preparing others for His return. That’s because we believe that it’s in experiencing the mission that we come to know Christ for ourselves, grow closer to Him and are transformed into His likeness. I will remember 2012 as an historic and transforming year for the Columbia Union. We opened a brand new hospital in Ohio—the eighth in our Kettering Adventist HealthCare network; completed the first new building in 40 years on the campus of Washington Adventist University; and voted to ordain women called to the gospel ministry. We’re grateful for the opportunity to serve with you in this field and for the way God continues to manifest His transforming power in our members, churches, schools, hospitals and ministries. This report is a testament to His continued blessings, and for that, we give thanks. Courage,

Dave Weigley President

Columbia Union Conference of Seventh-day Adventists 2012 Annual Report ®

Mission, Values, Priorities

WELCOME: We held a retreat in Hershey, Pa., to formally welcome the new Columbia Union Executive Committee for 2011-2016, set the agenda for this quinquennium and adopt values and priorities.

Mission The Columbia Union Conference exists to advance and fulfill the mission of the Seventh-day Adventist Church in the Mid-Atlantic United States. We provide administrative leadership, governance and support services to our conferences, ministries, healthcare networks, elementary and secondary schools, college and university. Above all, we assist and enhance the ministry of these organizations in sharing the three angels’ messages and preparing people—locally and globally—for Christ’s soon return.

2011-2016 Priorities The Columbia Union Conference will further the work of the Seventh-day Adventist Church by prioritizing: Youth/Young Adults — Engage and partner with youth and young adults to further the mission of the church Evangelism — Impact our communities by revealing the love of Christ, inviting people to accept Christ as their Savior and sharing the distinct Seventh-day Adventist message Education — Foster excellence in spiritual and academic development in Adventist schools and support programs that promote affordability and increased enrollment Transforming

Local Church Revitalization — Promote healthy families and churches by uniting members through personal spiritual renewal and active engagement in ministry Innovation in Church Ministry — Embrace innovation in ministry to respond relevantly to the changing needs of our church and community Leadership Development — Maximize the vitality of the church by supporting leadership development, promoting effectiveness and assuring equality

President’s Report Transitions We welcomed William T. Cox, Sr., DMin, as president of the Allegheny West Conference; Henry Fordham, III, as president of the Allegheny East Conference and acknowledged Charles Cheatham, who completed three terms as president in that field. Our Kettering Adventist HealthCare (KAHC) board promoted Terri Day to president. The veteran Seventh-day Adventist health system administrator is the first woman to serve as president in Kettering’s 48-year history. Fred Manchur, KAHC’s president and CEO since 2010, continues as CEO. After 14 years at the helm, Denise Hayden, president of our Columbia Union chapter of Adventist-laymen’s Services & Industries (ASI), passed the torch to a new leader. During her tenure, the business owner emphasized lay evangelism and encouraged members to share Christ in the marketplace and mission field.

Henry Fordham, III

William Cox, Sr.

Charles Cheatham

Terri Day

Denise Hayden

Historic Vote At a specially called constituency session, July 29, delegates voted an historic motion—“That the Columbia Union Conference authorizes ordination to the gospel ministry without regard to gender.” The vote by secret ballot was 209 for and 51 against, with nine abstentions, which means delegates voted 4 to 1 in favor of the motion. This was not a surprise to those of us listening carefully around our union or watching the fruitful work of women in China, Europe, North America and beyond. It means that the union— exercising the responsibility and authority conferred upon unions at the 1901 General Conference Session—will no longer deny requests from conferences to ordain women who have proven their call to the gospel ministry.

4-Hour Meeting: Columbia Union officers and a parliamentarian preside over the session.

Recognized: Pastor Josephine Benton, the first ordained female elder and first female pastor in the Potomac Conference and worldwide church, receives emeritus ministerial credentials at Sligo church in Takoma Park, Md. 209 For: Treasury counts the secret ballots at the specially called constituency session. Columbia Union Conference of Seventh-day Adventists 2012 Annual Report ®

So far, the union committee has received and voted 16 requests for ordination of female clergy. As the world church studies this issue further, we will continue to pray for the Holy Spirit to open doors.

Homeland Missions We set aside $220,000 to support 10 Homeland Mission projects and ministries, including a youth mentoring program, a ministry for homeless men, a public campus ministry for college-aged young adults, a citywide evangelism initiative, a pilot prison ministry program and seven church planting projects. The New Jersey Conference launched Mission Caleb, a special church planting initiative, with the help of a special evangelism allocation of $100,000. So far, they’ve started 14 groups. Following Superstorm Sandy, the union executive committee voted to give $40,000 to the Allegheny East and New Jersey conferences to aid their disaster relief efforts.

Making a Difference We created a new award to recognize notable persons in our union who are making contributions to the cause of Christ. We presented the first five awards to Joyce Newmyer, president of Washington Adventist Hospital in Takoma Park, Md.; Larry Boggess, president of the Mountain View Conference; José H. Cortés, president of the New Jersey Conference; Josephine Benton, a retired pastor; and Weymouth Spence, president of Washington Adventist University in Takoma Park.

5 Thank You: Dave Weigley presents Joyce Newmyer with an award of recognition. Sharing Christ: During the summer, a team of 31 youth took to the streets of Philadelphia to canvas neighborhoods, pray with residents and share their faith.

Missions Abroad During this quinquennium, our Missions Abroad focus is on Liberia, India and Zambia. In Liberia, we donated funds to help develop Adventist University of West Africa, the first Seventh-day Adventist university in Liberia. A new surgical suite at a hospital in India is also expanding our healing and evangelism ministry, as we’ve seen an increase in Bible study interests in that region. The late John Konrad, who served as vice president and general manager for Washington Adventist University’s radio station, WGTS 91.9 FM, had a heart for mission. He spearheaded two projects to help church leaders in Russia and Liberia build radio stations and develop broadcast ministries. Local leaders report that the station in Liberia is already John Konrad having a significant impact because it’s reaching parts of the country where there is no Adventist presence.

Transforming

Visitor Survey Do members read the Columbia Union Visitor? To find out, we commissioned Barna Group to assess the value of our 117-year-old monthly news magazine. While 66 percent said they spend 15 minutes to an hour reading the Visitor each month, another 25 percent said they spend more than an hour reading it. One of our key objectives was to learn whether members prefer to receive the Visitor by mail or online. Their telephone survey revealed that a majority—77 percent—still prefer print.

Membership and Tithe Secretariat

union session. In his first year as union executive secretary, Rob Vandeman spent many a Sunday working with conference leaders and their committees to plan, prepare for and facilitate these meetings.

One of our roles is to provide administrative support and governance to our eight conferences, two healthcare networks, university and college. During 2012 we had an unprecedented five constituency sessions—four regular conference sessions and our specially called Unionwide Membership 140,000 135,000 130,000 125,000

Baptisms and Professions of Faith

137,782 136,193* 132,610 135,278* 127,761 124,600 123,200

2006

2006 2007 2008 2009 2010 2011 2012

2010

2007

4,159

2008

5,362

2009

120,000

* 2010 and 2011 reflect adjusted totals due to significant corrections by one conference during their transition to the eAdventist membership software.

5,435

5,535 4,504

2011

Rob Vandeman

4,345

2012

4,412

Treasury

grateful to God for His blessings on our members and for their faithfulness to Him in return.”

Though five of our eight conferences saw a dip in tithe during 2012, union treasurer Seth Bardu reports that unionwide giving totals remained steady. “We’ve consistently lived within our means, which has helped us maintain a strong financial position,” he says. “We are

Net tithe retained by the Columbia Union Conference during 2012 was $9.6 million, allocated by the percentage indicated below:

Unionwide Tithe Income (In Millions of Dollars) $121 $119 $116 $111.3

$113

$113.1

$113.7

2007

2008

$114.6

$119.5

$119.3

2011

2012

$116.9

$110 2006

2009

2010

Seth Bardu

How the Tithe Dollar Is Spent 40%

22%

13%

10%

11%

Operations – 40% Returned to Conferences – 22% Retirement – 13% NAD & World Church – 10% University – 11% Auditing – 4%

Columbia Union Conference of Seventh-day Adventists 2012 Annual Report ®

Healthcare and Education Ministries Adventist HealthCare William G. “Bill” Robertson, president and CEO of Adventist HealthCare (AHC), reports that U.S. News & World Report named two of its hospitals—Shady Grove Adventist and Washington Adventist— among the best in the United States. In the spring, his team broke ground for the Aquilino Cancer Center on the campus of Shady Grove, the first William Robertson community-based, free-standing, comprehensive cancer center in the Maryland county they serve. We also saw the continued growth of Adventist Medical Group, which provides more primary care physicians and specialists in the region to help further our mission of improving the health of the communities we serve.

day Adventist churches from Allegheny West and Ohio conferences, to hold a monthlong Revelation seminar. Over 260 church members and hospital employees helped organize and assist with the evening sessions that drew more than 1,300 visitors.

New Believers: During their summer trip to the Philippines and Hong Kong with Adventist Chaplaincy Ministries, Pastor Ismael Gama, right, vice president of Mission Integration and Spiritual Care, and Pastor Shelvan Arunan, left, executive director of Mission Integration and Spiritual Care for Shady Grove Adventist Hospital, baptize two of 38 new believers.

Kettering Adventist HealthCare

Fred Manchur

Fred Manchur, CEO of our Ohio-based Kettering Adventist HealthCare, wants our hospitals to be known for our sacred work and belief in prayer. To that end, his team held its second annual Week of Prayer for all employees and also partnered with It Is Written, led by speaker and director John Bradshaw, and the Dayton-area Seventh-

Transforming

New Hospital: In February KAHC opened its eighth hospital, the Indu and Raj Soin Medical Center in Beavercreek, Ohio. During its first year, Soin’s 494 employees saw 24,000 emergency visits, 2,351 patients admitted and 221 babies delivered. Due to the need, they plan to add another floor of 32 private medical/surgical patient rooms.

211

— The number of Bible study requests collected at Kettering Adventist HealthCare’s eight hospital emergency rooms, where they distributed 100,000 pamphlets titled “Trusting God in the Everyday: Tips for Living Psalm 23,” developed in partnership with It Is Written.

Washington Adventist University Washington Adventist University in Takoma Park, Md., continues to make remarkable strides under the leadership of president Weymouth Spence, EdD, and, with a four-year growth rate of 50 percent, is the fastest growing Adventist institution in North America and among members of the Maryland Independent Colleges and University Association. Weymouth Spence Nearly 300 students completed their studies in the spring (another 122 in the summer) making 2012 the largest graduation class in the school’s 107-year history. Increased enrollment, contributions from alumni and friends, and prudent budgetary choices contributed to another year of improved financial performance.

WAU Mission Trip to Tanzania: Baraka Muganda, vice president for Ministries, took a group of 13 students to Tanzania, where they conducted Vacation Bible School and led evangelistic meetings yielding nearly 900 baptisms.

Mikhail Kulakov Jr., a professor of religion, is leading a team that is translating the Bible into modern Russian. The project is expected to be finished in time for the 2015 General Conference Session.

Kettering College

Ribbon Cutting: During April’s alumni weekend, Dr. Spence dedicated the Leroy and Lois Peters Music Center—a $6.2 million facility that is the first new building on campus in over 40 years. City, county and congressional leaders joined our celebration.

Mikhail Kulakov Jr.

In November Charles Scriven, president since 2000, announced that he would retire. During his tenure, the college doubled enrollment, refocused its mission toward healthcare programs at the baccalaureate and graduate levels, and started offering bachelor of science degrees in human biology, nursing and diagnostic medical Charles Scriven sonography, as well as its first on-campus master’s degree in physician assistant studies. Administrators also launched online baccalaureate completion programs and are planning to offer a bachelor of science in respiratory care and a doctoral degree in occupational therapy. With a total of 981 students enrolled for fall semester 2012, Kettering College posted its highest opening enrollment in the 45-year history of the school.

WAU Mission Trip to Russia: Alvin Fuentes (front right), an assistant professor of Health, Wellness and Physical Education, accompanied eight students to Russia for a mission trip. Helping Hands: Kettering College students make “trauma dolls” for hospitalized children on Make a Difference Day. Columbia Union Conference of Seventh-day Adventists 2012 Annual Report ®

Ministries and Services Office of the General Counsel Vice president and general counsel Walter Carson, Esq., serves as legal counsel to the Columbia Union Conference Association, Columbia Union Revolving Fund and other Columbia Union ministries. He hosted a unionwide Planned Giving and Trust Services conference and a religious liberty festival, where he presented the first Adrian T. Westney Walter Carson, Esq. Religious Liberty Award. He researched and helped interpret church policy on ordination and continued to make Title VII interventions on behalf of church members who seek workplace religious accommodations.

Office of Education Vice president Hamlet Canosa, EdD, and his team provide administrative support to 70 elementary schools, eight junior academies and nine senior academies. During 2012 his team welcomed six new academy principals and two conference superintendents; prepared a strategic plan for 2012-15; provided marketing and recruiting training Hamlet Canosa for academy principals; and provided seminars to conference boards of education and academy school boards.

Office of Ministries Development Vice president Frank Bondurant partnered with our conferences in developing and supporting a number of local ministry projects, including the Potomac Conference and Community Praise Center multisite initiative in Alexandria, Va.; 14 Mission Caleb plants in the New Jersey Conference; church planting in the Allegheny West Conference; the Salisbury Frank Bondurant University Campus ministry in the Chesapeake Conference; 3 Angels Over Appalachia project in the Mountain View Conference; Life Skills Academy in the Allegheny East Conference; and the first citywide evangelistic outreach in Dayton, Ohio, in decades.

Multilingual Ministries As assistant to the president for Multilingual Ministries, Rubén Ramos supports our conferences and ministries as they reach out to the many cultures who call our union territory home. One growing ministry is the School of Discipleship with graduates in Allegheny East (38), Allegheny Rubén Ramos

Transforming

West and Ohio (34), Chesapeake (90) and Pennsylvania (95). In these programs, lay members complete eight classes to become certified as small group leaders, Bible instructors, Family Ministries leaders, lay evangelists or assistants to the pastor. This is one reason Hispanic churches saw 1,900 baptisms in 2012 and membership grew to 23,566 unionwide.

5 Largest Multilingual Memberships Unionwide

1. Hispanic 23,566 2. Haitian 1,306 3. Korean 1,125 4. Brazilian 744 5. Ghanaian 558

Communication Services In addition to their publishing and video producing work, Celeste Ryan Blyden, assistant to the president for Communication, and her team helped make our special union constituency meeting the first livestreamed and live-blogged session in the Seventh-day Adventist Church. They published a special issue of the Visitor discussing the issues around women’s Celeste Ryan Blyden ordination; wrote numerous statements and news articles; set up a special constituency page on our website in English, Spanish and French; and posted photos, quotes and updates via Facebook and Twitter throughout the four-hour meeting. Nearly 5,000 unique viewers watched the session online, and unique viewers to our union website increased 65 percent in 2012.

Information Technology Services Harold Greene, Information Technology Services director, and his team assist the Columbia Union Conference, its conferences and schools with technology and accounting software support. In 2012 they helped our union treasury staff transition to a new accounting system, worked to improve network security and configured video conferencing equipment.

Harold Greene

Columbia Union Revolving Fund Started in 1968, and now led by secretary/treasurer Peggy Lee, CURF continues to make ministry possible by helping churches, schools and ministries fund their building and renovation projects. In 2012 they voted 46 loans to churches, schools and conferences, bringing their total to 289, with a total balance of over $84.58 million.

Peggy Lee

Financial Statements Statement of Financial Positions Period Ending December, 2012 and 2011 ASSETS Current Assets Cash and Cash Equivalents Investments Accounts Receivable Notes and Loans Receivable Inventory Prepaid Expense and Other Current Assets Cash Held for Agency Funds Inter-Fund Receivables* Total Current Assets

OPERATING FUNDS

LIABILITIES Current Liabilities Remittance Payable Accounts Payable Offering Funds and Agency Accounts Other Liabilities, Current Inter-Fund Accounts Payable* Total Current Liabilities Other Liabilities Accounts Payable For other than Operating Funds: Accounts Payable Other Liabilities, Long-term Total Other Liabilities Total Liabilities NET ASSETS Unrestricted: Unallocated Unrestricted: Allocated Unrestricted: Allocated Other Funds Unrestricted: Allocated Endowment Unrestricted: Allocated Investment in Plant Total Unrestricted Temporarily Restricted Permanently Restricted Total Net Assets Total Liabilities & Net Assets

OTHERS FUNDS

TOTAL 12/2012

1,580,984 1,406,319 6,917,723 4,794,173 58,819 121,655

0 0 0 0 0 0

0 14,879,674

2,199 2,199

TOTAL 12/2011

0 0

1,580,984 1,406,319 6,917,723 4,794,173 58,819 121,655 0 0 14,879,674

2,305,976 1,314,417 7,024,229 4,694,936 73,371 98,384 79,406 0 15,590,719

3,159,002

3,060,527

5,447,702

1,964,947

2,434,898

5,198,047 577 3,711,022 1,662,157

0 0 0 14,879,674

731,283 0 8,613,883 11,775,085

239,908 0 2,204,855 2,204,855

7,412,649 0 2,434,898 0 971,191 0 10,818,739 28,857,414

14,213 10,586,016 29,237,262

4,835,231 449,233 84,757 19,062 2,199 5,390,481

0 0 0 0 0 0

0 0 0 6,907 0 6,907

4,835,231 449,233 84,757 25,969 0 5,395,189

5,629,100 79,406 3,962 0 5,712,467

122,390

0 131,407 131,407 5,521,888

0 14,112 14,112 14,112

0 1,978,292 1,978,292 1,985,199

0 2,123,811 2,123,811 7,519,001

17,333 2,122,301 2,262,024 7,974,491

9,221,360 18,273 0 0 0 9,239,633 118,153 0 9,357,786 14,879,674

0 8,601,971 0 0 3,159,002 11,760,973 0 0 11,760,973 11,775,085

0 86,003 0 0 0 86,003 58,652 75,000 219,655 2,204,855

9,221,360 8,706,247 0 0 3,159,002 21,086,609 176,805 75,000 21,338,414 28,857,414

9,649,499 8,219,726 92,174 0 3,060,527 21,021,926 165,845 75,000 21,262,771 29,237,262

Plant Assets (Net) Other Assets Cash and Investiment - Non-Operating Accounts Receivable - Annuity Fund Notes Receivable, Long-term Irrevocable Split-interest/Unitrust Agreements Other Assets Inter-Fund Loan Receivable, Long Term Total Other Assets Total Assets

PLANT FUND

*Inter-fund borrowing is eliminated in the total columns. Statements are subject to audit. Columbia Union Conference of Seventh-day Adventists 2012 Annual Report 速

Statement of Changes in Net Assets Period Ending December, 2012 and 2011 OPERATING FUNDS UNRESTRICTED NET ASSETS Unrestricted Revenues and Gains Gross Tithe Income (-) Tithe % to GC/Division Net Tithe Income Tithe Exchanged with Division Non-tithe Funds from Division Appropriations Received Direct Operating Income Matured Deferred Gifts Investment Earnings Other Income Changes in Irrevocable Agreements Total Unrestricted Revenues Net Assets Released from Restrictions Total Unrestricted Support Expenses and Losses Program Services Functions Church Ministries Educational Publishing Special Services Total Program Services Functions Supporting Services Functions Conference Administration Retirement Contribution Conventions & Meetings Office Operations & Maintenance Other Supporting Services Total Supporting Services Functions Total Expense Net Increase (Decrease) from Operations Non-operating Activity: Non-operating Income Non-operating Expense Net Transfers Between Funds, In (Out) Realized Gain/(Loss) on Sale of Assets Unrealized Gain/(Loss) on Investments Net Assets Released from Restrictions Total Net Non-operating Activity Increase (Decrease) Unrest. Net Assets TEMPORARILY RESTRICTED NET ASSETS Restricted Income Appropriations Received & Other Income Investment Earnings (Endowment) Matured Annuity, Trust, and Wills Split-Interest Agreement Present Value Adjustment Total Restricted Income Received Net Assets Released from Restrictions Operating Functions Increase (Decrease) Temp. Res. Net Assets TOTAL NET ASSETS Increase (Decrease) Net Assets Total Net Assets, Beginning Total Net Assets, Ending

PLANT FUND

OTHERS FUNDS

ACTUAL 12/2012

ACTUAL 12/2011

10,770,795 (1,079,494) 9,691,301 (1,558,490) 1,558,490 208,850 702,402 6,452 116,073 857,506 0 11,582,583 8,962,980 20,545,563

0 0 0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 (81,112) 0 0 1,594 (79,518) 109,264 29,746

10,770,795 (1,079,494) 9,691,301 (1,558,490) 1,558,490 208,850 702,402 (74,660) 116,073 857,506 1,594 11,503,065 9,072,245 20,575,310

10,775,135 (1,078,891) 9,696,245 (1,683,490) 1,683,490 245,072 753,468 0 152,099 819,063 0 11,665,947 8,621,560 20,287,507

3,308,637 8,075,167 59,924 5,415,219 16,858,947

0 0 0 0 0

3,308,637 8,075,167 59,924 5,415,219 16,858,947

4,195,705 7,731,745 58,554 2,340,636 14,326,640

2,079,775 1,446,215 144,782 232,141 0 3,902,912 20,761,859 (216,295)

0 0 0 0 (960) (960) (960) 960

0 0 0 0 457 457 457 29,289

2,079,775 1,446,215 144,782 232,141 (503) 3,902,409 20,761,356 (186,046)

2,905,209 2,678,529 133,306 0 0 5,717,044 20,043,684 243,823

0 0 (230,717) 0 36,276 0 (194,441) (410,736)

427,711 (265,945) 230,717 (46,331) 133,608 0 479,761 480,721

(15,572) (14,988) 0 (20,837) 22,847 0 (28,551) 738

412,139 (280,933) 0 (67,168) 192,731 0 256,769 70,723

378,943 0

19,806 398,749 642,572

8,976,391 0 0 0 8,976,391

0 0 0 0 0

0 15,792 81,112 3,870 100,774

8,976,391 15,792 81,112 3,870 9,077,165

8,664,259 12,946 829 0 8,678,034

(8,962,980) 13,411

0 0

(109,264) (8,490)

(9,072,245) 4,920

(8,641,366) 36,668

(397,325) 9,755,111 9,357,786

480,721 11,280,253 11,760,973

(7,753) 227,408 219,655

75,643 21,262,771 21,338,414

679,241 20,583,530 21,262,771

This report is intended for management use only. This is not intended to be a complete financial statement for the organization as a whole.

Transforming

Statement of Cash Flows Period Ending December, 2012 and 2011 OPERATING FUNDS Cash Flows from Operating Activities: Increase (Decrease) in Net Assets Prior Period Adjustment Adjustments to reconcile change in net assets to net cash provided: Depreciation Expenses Provision for Uncollectible accounts Unrealized (Gain) Loss in Fair Value of Investments Annuitiy Fund Income Less Payments Annuities Actuarial Adjustment (Increase) Decrease, Accounts Receivable (Increase) Decrease, Inventory and Prepaid Increase (Decrease), Accounts Payable Increase (Decrease), Deferred Income Increase (Decrease), Long-Term Accounts Payable Increase (Decrease), Trust Funds

ACTUAL 12/2011

ACTUAL 12/2012

75,643 0 0 163,421 0 (54,065) 0 0 103,865 (8,719) (460,840) 0 0 5,351

161,366 50,000 43,377 102,671 (18,601) (742,629) (40,215) 906,040 (28,834) 10,797 0

504,671

(29,033)

(175,343)

1,123,213

0 (55,626) 0 0 313,966 (413,204)

3,564,792 (3,451,244) 103,781 (365,678) 85,632 (440,506)

0 32,881 0 0 0 (3,848)

3,564,792 (3,473,989) 103,781 (365,678) 399,598 (857,558)

3,306,220 (3,513,074) 0 (199,011) (534,161) 455,807

(154,864)

(503,223)

29,033

(629,054)

(484,219)

0 1,448

0 (1,448)

0 0

0 0 0 0 0 0

501 0 (166,619) (23,455) (79,216) (829)

Net Cash Provided (Used) from Financing

1,448

(1,448)

(269,618)

Increase (Decrease), Cash and Equivalents Cash and Equivalents, Beginning

(804,398) 2,385,382

0 0

(804,398) 2,385,382

369,376 2,016,006

Cash and Equivalents, Ending

1,580,984

2,385,382

Net Cash Provided (Used) from Operating Cash Flows from Investing Activities: Proceeds from Sale or Maturity of Investments Purchase of Investments Proceeds from Sale of Assets Purchase of Assets New Notes Receivable Issued & Accrued Interest Payments Received on Loans Receivable

OTHER FUNDS

PLANT FUND

Net Cash Provided (Used) from Investing

(397,325) 0

480,721 0

(7,753) 0

163,421

(36,276)

(133,608)

115,820

106,507 (8,719) (320,519)

(2,642) 0 (3,221)

0 0 (137,100)

5,351

(650,982)

Cash Flows from Financing Activities: Proceeds (Payments), Accounts Payable Proceeds (Payments), Inter-Fund Borrowing Increase (Decrease), Liability to Other Entities Annuities Investment Income Annuity Payments Increase (Decrease), Unconditional Irrevocable Trust

679,241 0

This report is intended for management use only. This is not intended to be a complete financial statement for the organization as a whole.

Columbia Union Conference of

Seventh-day Adventists