UP Catholic 03 04 2016 E Edition Page 15

www.upcatholic.org THE U.P. CATHOLIC DIOCESAN ANNUAL REPORT March 4, 2016 15 Richard A Balch, CFP Rbalch@woodmenfinancial.org 1-(920)-499-8833 Securities and advisory services offered through Woodbury Financial Services, Inc., member FINRA/SIPC. Insurance services offered through Woodmen Financial Resources, which is not affiliated with Woodbury. 1234 South Ridge Rd. Green Bay, WI 54304 PROFESSIONAL SERVICES PROVIDED ON A TIMELY BASIS 710 Chippewa Square Suite 105 Marquette, MI 49855 906-228-8080 906-228-7575 FAX bartb@chartermi.net BARTKOWIAKACCOUNTING.COM Financial Statements ROMAN CATHOLIC DIOCESE OF MARQUETTE STATEMENTS OF ACTIVITIES Year Ended October 31 2015 2014 REVENUES UPCSA Campaign contributions $2,053,064 $2,037,638 Investment return designated for current operations 813,265 750,529 Insurance rebate 507,827 215,600 Our Faith in the Future Capital Campaign 6,750 Bequests, donations, and grants 724,559 758,258 U.P. Catholic newspaper 208,689 223,223 Miscellaneous 14,160 119,984 TOTAL REVENUES 4,321,564 4,111,982 EXPENSES Executive and support services 230,200 267,965 Ministry personnel services 706,201 684,043 Spiritual development services 33,047 38,077 Catholic education/formation services 541,261 538,392 Catholic schools support 334,693 337,513 Communication services 410,424 419,351 Judicial services 40,265 40,356 Catholic Social Services subsidy 329,000 329,000 Diocesan donations and other services 167,283 305,913 Financial services 294,580 284,402 Development and UPCSA Campaign 190,149 184,219 Building and grounds 160,666 151,704 Depreciation 151,394 163,525 Capital Campaign - parishes and schools 15,000 Bad debt expense 211,521 TOTAL EXPENSES 3,815,684 3,744,460 Change in net assets before change in investments 505,880 367,522 Investment return in excess of amounts designated for current operations (309,687) 486,238 CHANGE IN NET ASSETS $196,193 $853,760

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