Newspaper Archive of
Arkansas Catholic
Litlte Rock, Arkansas
December 2, 1990     Arkansas Catholic
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December 2, 1990
 

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PAGE 10 ARKANSAS CATHOLIC DECEMBER Z, 1990 / Diocese of Little Rock Clergy Welfare Board Balance Sheet (Condensed) ASSETS Investments, at Market Stocks- (Cost: 1990 - $726,522; 1989 - $645,784) Bonds (Cost: 1990 - $1,693,326; 1989 - $1,618,741) Cash and cash equivalents Interest and accounts receivable TOTAL ASSETS $ 873,425 $ 751,164 , .1,690,884 1,631fi31 $ 2,564,309 $ 2,382,695 38,742 206,963 67,774 70,273 $ 2,670,825$ 2,659,931 LIABILITIES Accounts payable and accrued interest 56,125 46,661 NET ASSETS AVAILABLE FOR PLAN BENEFITS $ 2 614 700 $ 2 613 270 Statement of Changes in Net Assets Available for Plan Benefits (Condensed) ADDITIONS TO NET ASSETS Dividends and interest Net appreciation (depreciation) in fair market value of investments Retirement billings to parishes Bishop's Annual Stewardship Appeal Christmas collection Other- insurance and estate proceeds TOTAL ADDITIONS REDUCTIONS TO NET ASSETS Benefits: Infirm Clergy Retired Clergy Other benefits and gifts Administrative expense TOTAL DEDUCTIONS NET INCREASE (DECREASE) NET ASSETS AVAILABLE FOR PLAN BENEFITS, BEGINNING OF YEAR June 30 199_..__0.0 198_.. 9 . $ 185,804 $ 185,483 66,113 " 92.385 $ 251,917 $. 277,8 52,500 54,810 14,750 12,382 187,916 146,958 17,070 34 777 $ 524,153 $ , 526,795 163,839 2o9,27 111::i 313,440 225,141 ll l , 21,037 25017 II I i 498,316 $ 459,43 24,407 21,95 8 II | ii $ 522,723 $ 481,3 ii| i ]1[B IIll 2,613,270 2 567 866 NET ASSETS AVAILABLE FOR PLAN BENEFITS, END OF YEAR $ 2,614,700 ! St, John's Seminary Fund Balance Sheet (Condensed) June 30 ASSETS 1990 198..._ 9 Investments, at Market Stocks (Cost: 1990- $775,109; 1989- $60%337) $ 1,1.79,625 $ 910,592 Bonds (Cost: 1990-$2,298,747; 1989-$2,131,591) 2,247,952 2,150,310 Mutual Funds (Cost: 1989-$581,710; 1989-$541,069) _ 470,863. 449,028 $ 3,898,440 $ 3,509,930 Cash and cash equivalents 73,525 182,576 Interest, dividends, notes receivable 61,338 59,851 Library, furniture at nominal value 3 3 TOTAL ASSETS $ 4,033,306 $ 3,754,360 LIBAIJ'HES Accounts Payable $ 4,892 $ 3,302 FUND BALANCE 4,028,414 3,7491058 TOTAL LIABI AND FUND BALANCE $ 4,033,306 $ 3,754,360 Statement of Revenues, Expenditures and Changes in Fund Balances (Condensed) ADDITIONS Interest and dividends Realized and unrealized net gain on investments Burse and donations received Miscellaneous TOTAL ADDITIONS (loss) Year ended June 30 199_... 0 198__99 $ 305,748 $ 299,328 $ 53,952 208,379 68,204 45,651 52 9,620_ 42 956 $ .....562.97 8 DEDUCrlONS Seminarians' aid, tuition, travel expenses Administrative and office expense Rector's expense TOTAL DEDUCTIONS $ 110,739 $ 94,018 21,042 19,131 16,819 ... 13.82 $ 148,600 $ ...126,97 EXCESS (DEFICIENCY)OF REVENUES OVER EXPENSES $ 279,356 $ 436,001 FUND BALANCE, BEGINNING OF YEAR 3,749,058 3,313 05 FUND BALANCE, END OF YEAR 4,028,414 $ 3,749,058