Vestry Reports

This is a suggested format of the reports that should be given to the vestry. It is never wise to overwhelm people with too much information but on the other hand it is vital that the vestry receives enough information to understand the financial situation of the church.

    • A Revenue & Expense statement should be prepared monthly

    • The Vestry should receive the most recent report at every meeting

    • At least once a quarter, the Vestry should receive a balance sheetSee the right of your screen to download/view sample statement and balance sheet in Microsoft Excel format.

    • Revenue & Expense statement 

      The important information is:

        • Where is the money coming from & where is it going?  [Sufficient detail in the income & expense categories]

        • How are we doing so far this year? [Year-to-date actual numbers]

        • How are we doing against the budget? [Year-to-date budget numbers]

        • How are we doing against this time last year? [Prior year-to-date numbers]

        • What are our targets? [Full current year budget]

        • What should we be concentrating on? [Like income/expense categories grouped together with subtotals in bold; concentrate on subtotals and call attention only to significant variances.]

      N.B. If the revenue & expense statement is more than two pages, it’s meant for the  Finance Committee, not the Vestry

      Examples of unimportant information:  

      • Single month’s activity [unless you’re reporting on January]

      • Percentages and variances; just show the four columns; your eye will do the rest.

      • Too much detail – don’t show every group that uses your space; show the one or two biggest ones and put everything else together under “Other space use”

      • Click here to see how these numbers are reported on the parochial report.

    • Balance sheet

      • Cash – [don’t list all accounts; total the cash]

      • Investments – [update at least quarterly; See investment guidelines]

      • Receivables [if anyone owes you money]

      • Fixed assets less depreciation [if you capitalize fixed assets]

      • Liabilities [what you owe; payroll taxes; loans, unpaid bills]

Crucial point: Don’t imagine you can give the Vestry reports out of your system; they won’t include all the important information, and they’re sure to include unimportant information. You have to prepare spreadsheets every month from the reports that come out of the system.

Finance and Administration Contacts

Ms. Karin Almquist

Office: 212-316-7534

Ms. Chontel Simmons
Director of Operations and Human Resources

Ms. Michele Kearney
Executive Director, DIT

Office: 212-932-7312
Fax: 212-316-7405

Ms. Sara Saavedra
Convention Officer, Assistant Secretary of Convention, Diocesan Benefits Coordinator, Secretary to the Standing Committee

Office: 212-316-7423
Fax: 212-316-7420

Mr. Robert Santiago
Senior Accounting Manager

Office: 212-316-7451

Ms. Mildney (Mai) Dal
Senior Accountant

Office: 212-316-7434
Fax: 212-932-7328

Ms. Zoraida Marte
Payroll Manager

Office: 212-316-7478
Fax: 212-932-7328

Ms. Charmagne Castillo
Staff Accountant

Office: 212-316-7435
Fax: 212-932-7328

Mr. Lukasz Krukowski
Junior Accountant – Accounts Receivable

Office: 212-316-7479

Mr. Andrew Gary
Assistant to the Chief of Finance and Operations, Communications & Editorial Assistant

Office: 212-932-7322
Fax: 212-932-7323

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