Above & Beyond Financials & Timing
The master plan we have chosen will accomplish all of this for approximately $700,000 - which is far less than the millions that a new building would cost. To help bring this into reality, we will be refinancing our mortgage at a much lower interest rate, allowing us to receive $500,000 from our buliding's equity, while adding very little to the term of the loan. The monthly mortgage increase will be minimized by budget reductions that we are making in other areas. This leave us with $200,000 to raise.
For most of us, when we consider $200,000 it seems unattainable as individuals. However, when considered as a group of people comitted to this goal, it becomes much more manageable. Based upon the number of people that give to NCC, it is possible for this project to be funded by each person increasing their giving by $40 per month. Many of us spend this on Starbucks or our favorite lunch spot each month. That said, this is based on an average and there will be some of you that are not able to increase their giving while others of you will be able to give substantially more.
In preparation of this project, we addressed the topic of stewardship in a 5-week sermon series. Click here to listen to those sermons.
We ask that you prayerfully consider your part in helping this ministry plan come to fruition. Donations to the project should be put into the envelopes provided at the table in the lobby and then placed in the offering. We invite you to come be a part of this exciting time in our church's history, and pray that the Lord would continue to bless the ministry at NCC.
JANUARY 2015 UPDATE (ANNUAL MEETING)