Coosa Valley Church of God
Budget verses Received

Budget for Year 2022
Date Rage of Report: 01/01/2022 through 05/31/2022
Date of Last Update: May 13, 2022

Definitions

With every church, there are expenses; ministry and building expenses. God outlined in His Word an avenue to supply the income to cover those expenses; this is in our Tithes and Offerings. We can look at Genesis 14:18-20; 28:20-22; Malachi 3:10; Luke 11:42; 1 Corinthians 9:6-9; 16:2; Hebrews 7:1-21 for a Biblical Stance for us to stand on for our giving into the ministries at Coosa Valley Church of God. Also, to help you understand the Budget above, we have defined a few words to help explain the CV Budget below:

Budget ~ the amount of income needed to cover designated expenses during a specific timeframe.



Received ~ the amount of income that has been entered into the system and deposited into the bank accounts. This does not include any non-monetary items.



Difference ~ the amount you get when you subtract the income received from the budget needed through the end of the timeframe.



Total Yearly Budget ~ This is the amount needed over the course of a full twelve month, 52 week, 365 day timeframe.



Tithes ~ All members and ministry leaders demonstrate biblical teaching by giving a tithe of what God has placed into our hands and as God allows us to prosper, we give accordingly. At CV, our tithes are used to furnish the Facility Insurance, some of the utilities for the Church Buildings and Parsonage, to provide our website and live feed options, and other supplies and items needed for our church services to operate. This fund is also used to pay the Pastor's Salary ($39,880), Insurance and Retirement.



General Offerings ~ The finances in the General Offerings are used to furnish utilities not covered under other categories, as well as many other items used for fellowship, gatherings for our church family, and outreach programs.



CV Missions ~ Missions are a big part of the outreach that CV participates in. We use the finances for the Missions Programs at CV. Some programs that we provide for include, but not limited to, are: Ann's New Life ($2,400 a year), Backpack Buddies (Pell City Schools; $2,400 a year), Camp Utopia ($1,800 a year), Home for Children ($2,400 a year), YWEA ($1,200 a year), and other General Mission Programs. Also, as a part of our Missions program, we have our Benevolence Ministry (we allocated $2,500 a year, but can change as the need arises). We at CV believe in providing a "hand up" to individuals who may need. All information for this Ministry Program is confidential and under the direction of the Admin Leadership Team and the Lead Pastor.



CV Kidz, CV Teens, and CV Young Adults ~ These Ministry Programs are just a few of the programs that operate at CV. The finances are under the direction of the Ministry Leader of that individual program and the Lead Pastor.



PLEASE NOTE: Following the direction of the Church of God General Assembly Minutes, all finances are to be disbursed under the direction of the Lead Pastor, with guidance from the Admin Leadership Team, the Financial Administrator, and the Ministry Leadership.



If you have any questions concerning the Coosa Valley Budget or other items listed on this page, please feel free to reach out to us at 205.642.8744, email us at 'cvinfo@cvcog.church', or feel free to make an appointment so we can speak AFTER a service.