Latest Payroll Protection Loan & Financial Updates:
Important! Please watch this short three-minute video for an important notice regarding the next round PPP and required completion of the financial section (page 4) of your Parochial Report in advance of the application from Canon for Finance and Stewardship Terry Reimer - Jan. 12, 2021
We need churches to complete Page 4 of the 2020 Parochial Report ("Stewardship and Financial Information of the Reporting Congregation") no later than February 15, 2021.
Additionally, last fall we requested revenue information for the first nine months of 2020 compared to the same period in 2019. Most churches provided this information by month as requested. Some churches either did not provide the requested information or submitted nine month totals without the monthly breakdown. To determine Payroll Protection Program Second Draw loan eligibility, we need third quarter revenue amounts for both 2020 and 2019 and so a quarterly or monthly breakdown is needed. Members of the Diocese Council's Finance Committee will be in contact with those churches and church-related organizations for which we do not have 2020 and 2019 third quarter revenue amounts to request this information. This information is needed as soon as possible.