Our Lady of Sorrows Faith Knowledge Community Catholic School Catholic Parish

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Parish Finance Council

Parish Financial Update - June 2020

As Masses at Our Lady of Sorrows resume, and the process of returning to something approaching normal begins slowly, an update of the parish’s finances is in order.
Sunday Offertory collections are a bit of a mixed bag.  While we are grateful that many parishioners have been able to continue, and in some cases even increase, their regular contributions, others, for one reason or another, have been unable to do so.  We are in better shape than many parishes in this regard, but we are doing less well than last year or than anticipated in our budget.  Collections, which prior to the onset of the coronavirus were running about even with last year’s pace, are as of May 17 down some $117,000, or 6.13%, from 2018-2019.  As compared to our 2019-2020 budget, collections were down approximately 7.5% through April.  Hopefully the return to some Masses will help us improve on our collections experience.  But we know that there are some families in the parish hurt badly by the effects of the virus and who may not be able to continue contributing at the same level.  We thank those who have kept up their contributions, and ask all that can to contribute to the support of the parish. 
In the face of the new economic reality, the parish has taken a number of steps.  Expenses have been cut where they could be.  For example, with our buildings largely closed, we have been able to scale back our contracted janitorial service to one employee.  Utility costs and various office costs have been reduced.  Summer construction projects will be kept to a minimum, with the largest such project, the installation of “hands free” plumbing fixtures in our buildings, beneficial from both cost and health and safety standpoints. 
We have thus far been able to avoid laying off parish employees, including teachers, due to the continued generosity of our parishioners and to assistance the parish was able to obtain under the federal CARES Act.  As a business entity, we were able to obtain a Paycheck Protection Program (“PPP”) loan of some $855,000, which amounts to 2.5 months of payroll and benefits expenses.  The loan bears interest at the rate of 1%.  If we use the money for 8 weeks of payroll, benefits and utility expenses, as we anticipate, that amount of the loan will be forgiven and turned into a grant.  We anticipate that all or the vast majority of the loan will be forgiven.  As a result, we have been able to keep all our employees working, albeit from home.  Our Lady of Sorrows School has continued teaching students remotely, some students with the help of computer equipment we were able to loan them.  The parish staff has remained on duty and working remotely.  Our PPP loan enabled us to keep everyone employed to date, and will provide a needed financial cushion as we navigate the next uncertain months.  If contribution levels do not rebound, however, further cuts in expenses, including possibly employee expenses, may become necessary.  
As we return to Mass and the sacraments, we ask that you continue to pray for our parish staff as they continue to try to serve us in this new environment, and for those of our parishioners who have been hurt by the virus.  And please, keep up or resume your weekly contributions.
Rev. Mark S. Brauer       Pastor              
Sharon Williams             Director of Parish Life and Stewardship             
Mark McInerney             Chair, Parish Finance Council

The Parish Finance Council oversees the financial and physical properties of the parish.


  • Rev. Mark S. Brauer - Pastor
  • Mr. Mark McInerney - Chairperson
  • Mr. Rinaldo Maffezzoli - Vice-Chairperson
  • Mr. Anthony Boardman - Secretary
  • Mrs. Fran Ashe
  • Mrs. Michelle Randall
  • Mrs. Sharon Williams - Director of Stewardship
  • Mr. James Nordbeck - Business Administrator
Thank you for all of your support and generosity to the Our Lady of Sorrows Parish Community.
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