Collection › LCMS Convention Workbook (St. Louis, Missouri) › 1983 · 55th Convention › Page 150
LCMS Convention Workbook St. Louis, Missouri — 1983, Page 150

Scan: The Lutheran Church—Missouri Synod
Transcription machine transcription, uncorrected

ADMINISTRATION AND PROGRAM IMPLEMENTATION

DISTRICT CHURCH EXTENSION FUNDS
Combined Balance Sheets

150
NOTE A
38-O1STRICTS $-DISTRICT CEF'S
AS RESORTEC TRANSFERRED TO LCEF
ASSETS JANUARY 1980 OCT.1980 TC JAN.1982
Cash $ 6,988,568 $ 623,251
Loans Receivable 175,051,764 2°,255,114
Contracts Receivable 7,416,962 4,981,934
investments 39,935,954 7,9'°8,982
Advance Sites and
Other Properties 9,351,398 912,437
Other Assets 1,458,476 374,774

Tota! Assets $239, 303,122 $42, 166,492

LIABILITIES ANO
FUND BALANCE

Savings Deposits

and Savings Stamps $ 28,340,937 $ 665,150
Loans Payable -
Synod/LCEF 17,217,156 4,429,899
Individuals and
Agencies 128,667,232 26,619,840
Contracts and
Mortgages Payable 2,913,809 772,535
Other Liabilities 1,595,389 248,243
Fund Balance 60,657,999 9,430,825
Tota! tiabilities
and Fund Balance $239,303,122 $ 42,166,492
NCTE A NOTE B

Subsequent to the Organization of "The
Lutheran Church Extersion Fund" (LCEF)

the Following Sine Districts Transferred
Their Church Extension Fund (CEF) Operations

to the LCEF on the Detes Shown: 4/1/22
7/14/82

10/15/80 North Wisconsin 5/1/81 ‘ew England 9/1/82

1/15/81 Florida-Georgia 11/15/81 New Jersey

1/16/28" Nebraska 11/15/81 Il linois-Southern

4/15/81 ayoming 1/1/82 English

4/15/8) Ck!ahoma

Become an investor yourself. Encourage your District, the
congregations of your District, the agencies of the congre-
gations to consider Church Extension for the investment even
of temporary dollars.

Thanks be to our God for His blessings showered so
generously upon this facet of our church. To Him be all the
glory!

LCEF Board of Directors
Board of Church Extension
Karl Abel, Chairman

Fred Forster, Secretary

29-DISTRICTS 29-DISTRICTS INCREASE / (DECREASE)
AS ADJUSTED AS REPORTED TWO-YEARS
JANUARY 1980 JANUARY 1982 JAN. 1980 TO JAN, 1982
$ 6,365,317 $ 5,491,157 $ (P74, 160)
146,795,650 157,949,502 11, 152,852
2,435,028 3,985,155 1,550,127
32,016,972 32,492,591 475,619
£,438,96! 10,819,705 2,380,744
1,083, 702 468, 157 (615,545)

$197, 136,630

$211, 206 , 267

£ 27,675,787

12,787,257

102,047,992

2,141,274
1,057, 146

51,227,174

$197, 136,630

¥id-South
North Dakota
Minnesota-North

$ 28,640,316

15,309,370

105,299, 769

2,106, 141
1,899,519

57,969, 152

$211,206, 267

in addition to the Nine Districts Listed Above
Tnree More Districts Transferred Their CEF
Operations to the LCES After January 192

Ernst & Whinney

$14,069,637

$ 964,529

2,513,113

3,251,777

(35,133)
633,373
6,741,978

$14,069,637

NOTE C

The Assets,

NOTE B
3-DISTRICTS CEF'S

TRANSFERRED TO LCEF
AFTER JANUARY 1982

$ 786, 18C
11,391,496
402,534

1,486,278

412,789
12,322

$ 14,493,599

$ 2,844,568

1,959,066

6,816,409

Liabilities and Operations

of These Twelve Districts (NOTES A & 2)

are Reported

in the Sinancial Statements

of the LCEF After Their Dates of Transfer,

4 Broadway
St. Louis, Miessour. #2102