# LCMS Convention Workbook_St. Louis Missouri_1969_S487
# Machine transcription, uncorrected — CHI Digital Archive (demonstration)

474

Affiliated Agencies

STEWARDSHIP AND FINANCES; RETIREMENT AND BENEFITS

Lutheran Laymen's League... .. 9 55 4 —_— 68 33 19 16
Michigan Lutheran College i — 3 — 6 1 1 4
Mission Congregations ___ 1 3 71 — 75 5 14 56
Consolidated Schools _ 13 128 121 — 262 143 35 84
High Schools _........ 92 117 247 — 456 213 60 183
LCUSA .... 1... 4 6 8 —_ 18 6 1 11
Mission Societies .. — 5 22 - 27 10 4 13
Welfare Agencies 21 60 7 — 88 49 9 30
Other 0... 9 120 59 —_ 188 24 89 75
150 494 544.0 1,188 484 232 472
Total Active Workers... | 8. 1,034 3,108 7.579 —_ 11,721 3,550 1,933 6,238
Retired Members 62 420 470 — 952 486 439 27
Total Enrotlment 1.096 3.528 8.049 — 12,673 4.036 2,372 6,265
RETIREMENT PLAN
SUMMARY OF ENROLLMENT
Total LAY WORKER MINISTER OF RELIGION Both Welf, Ret.
ACTIVE WORKERS Enrolled M F Full Offset. M F Full Offset Plans Only Only
Controlled Organizations
Synod 682 74 204 — 278 404. — 304 100 256 12 426
Districts . 481 44 138 3 179 299 — 216 83 411 28 70
Colleges .......... 1.333 300 «4803 117 553° — 306 247 1,167 42 166
Concordia Publishi 653 337 291 — 628 25 — 21 4 2 — 651
KFUO __.... cece bees eeeeeeee eee eee 18 7 9 — 16 20— 1 1 12 1 6
Concordia Historical Institute ._ 4 30 3 1 — 1 —— 2. — 2
3.171 762 1.125 6 (1.881 1,284 — 849 435 1,850 83 1.321
Congregations .. 9.298 551 2.773 13 3.311 5.974. — 4.177 1,797 8,037 563 1,261
Affiliated Agencies
Lutheran Laymen's League .. 74 10 60 — 70 4 — 40 — 67 1 7
Michigan Lutheran College 36 17 13 — 30 6 — 6 —— 6 — 30
Mission Congregations . 75 1 4 — 3 70 — 52 18 73 2 2
Consolidated Schools . 339 19 185 1 203 135 — 92 43 253 9 86
High Schools |... 701 138 220 — 358 3430 — 173 170 440 16 261
LCUSA cteeeeeeeeee 27 5 8 — 13 14. — 12 2 18 —— 9
Mission Societies... 30 8 — 8 220 — 17 5 24 3 6
Welfare Agencies 0. 88 19 62. — 81 7— 6 1 63 25 25
Other oo. 74 2 6 3 5 66 — 41 25 67 121 7
1,444 211 566 4 773 667 — 403 264 1,011 177 433
_ Total Active Workers 13.913 1.524 4.464 23° 5.965 7,925 — 5,429 2.496 10,898 823 3,015
Retired Members 952
Total Enrollment 13,913 1.524 4.464 23 5.965 7.925 — 5.429 2,496 10,898 1.775 3,015
Exhibit “D" Reserve for Noncontributory Benefits ... .... 270.000 310,000
u , , Reserve for Plan Benefits
CONCORDIA WELFARE PLAN and Contingencies 2000 00 oo 1,136,867 1,049,071
Financial Condition Total 0. $ 3.993909 $ 3,525,095
Dec. 31 Dec. 31 a
Assets 1968 1967 CONCORDIA RETIREMENT PLAN
Cash — $ 26.932 $ 64,449 Financial Condition
Due from Insurance Carrie 379,232
Contributions Receivable 29.198 23.817 Dee. 31 Dec. 31
Investments (Cost) .. veces tees - * 4.804.908 **3.009.861 Assets 1968 1967
cecrued Earnings Receivable 31,586 17,981
. LOFT) s ee $ 51,846 §$ 34,267
Deferred Charges 00. — 252 Accounts Receivable 150,024 80.800
Contributions Receivable _. 1,571,494 1,538,446
Total vo teeeee eects ee eteeeeee S$ 4.892.624 $ 3.495.592 Investments (Cost) 20.0000. - *17,920,795 **11,820,908
nn ee Accrued Earnings Receivable _ 148,157 126,004
Market Value: *$5.103.705 **$2.998.420 Deferred Charges 2.00... —— 253
Total - $19,842,316 $13,600,678
Liabilities ok 5 weedy ag ¢a4 .
Accounts Payable 00 $ 19.685 $ 29.492 Market Value: *$18.172.963 $11,981,
Deferred Income ... feet : 8.744 8,772
Reserve for poncontributory Benefits 1.390.000 1.120,000 Liabilities
eserve for Plan Benefits . 5 2
: . - Accounts Payable _ $ 21,825 $ 16,862
and Contingencies | 0. 3,474,195 2.337.328 Reserve: Future Benefits 19,820.491 13,583,816
Total lene $ 4.892.624 $ 3.495.592 Total 0 $19,842,316 $13.600.678
Suinmary of Operations Summary of Operations
Source of Funds Source of Funds
“ i ; Retirement Contributions
Welfare Contributions _ . Controlled Organizations _.... $ 1,432,965 $ 1,368,585
Controlled Organizations -$ 677.363 $ 625.209 Member Congregations __ _ ae 4.145.475 4,071,054
Member Congregations 2,749,304 2,542,182 Affiliated Agencies 0, 505,790 470,899
Affiliated Agencies .. | 287,967 242,984 Special Cases 7,203 22,464
Retirees and Dependents 35.027 27,511 Net Investment Income .. 569.869 378.755
Special Cases 2... wee 8,998 5,037 Miscellaneous Income 443
Net Investment Income...) 233.652 82,172
Miscellaneous Income ..... 1,598 Total cee cece coceeeeee ee 6,661,745 § 6,311,757
Total 2 eee $ 3.993.909 § 3.525.095 Application of Funds
- ~ ~ . Retirement Benefits $ 11,052 $ 5.722
Disability Benefits - 29,203 ao9te
icati Survivor Benefits 259,698 162,759
Application of Funds Death Benefits _ 2'807 11973
Health Care Benefits 00000 $ 1.761.158 S$ 1,545,960 Administrative Expense _. 122,310 115,392
Disability Benefits _.. 173,242 131,989 Reserve for Future Benefits ... 6,236,675 6,008,901
Death Benefits 232,140 194,608
Welfare Insurance Premiums 270.189 139,796 Total - $ 6,661,745 $ 6,311,757
Administrative Expense _. 150,313 153,671 SOS TT