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financial report, DEC 2022

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Year End Dec 2022

Peace Lutheran entered 2022 with the adoption of a budget of $1.38 million dollars. We believed as always, that God supplies for all that He calls a congregation to accomplish and He did that.   We have been incredibly blessed with your consistent tithes and offerings. Your practice of faith-filled generosity allows us to serve our community in a significant way.   

In addition to that, I want you to know that significant progress was made against the capital debt represented by the loan that was taken in 2013. This was done to complete the build-out of the Life Center. We began 2022 with an outstanding balance of $594,152. Now, at the end of the year our balance stands at $259,248.   As always, we continue to think about the opportunities that are created when this loan is paid off.