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Unity Worldwide Ministries. Financial Report – May 12, 2014 (past, present and future). Unity Worldwide Ministries – Financial Topics
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Unity Worldwide Ministries • Financial Report – May 12, 2014 • (past, present and future)
Unity Worldwide Ministries – Financial Topics • Line of Credit has been paid off to zero. Unity Worldwide Ministries is pleased to share we are no longer utilizing our line of credit and we have no current outstanding debt. In the last ten months we’ve paid off just shy of $105,000 on our line of credit. Line of credit and/or margin loan history 2008- $ 10,996 UMB 2009 - $ 100K United Missouri Bank 2010 – Paid off 2/2010 2010 – Margin Loan – $205,170 2011- Margin Loan - $211,395 2012 – Margin Loan - $104,095, paid back, $107,300. 2013 – Margin, Loan - $104,095 2014 – Margin Loan - $ 0, paid off 10/15/2013 and 4/15/2014. Current Margin account available for use is approximately, $163K
How many of our Unity ministries are actively supporting UWM? • 2007: 470 Ministries: $1,649,998 • 2008: 465 Ministries: $1,627,602; decrease $22.4 K • 2009: 493 Ministries: $1,741,933; increase $114.4 K • 2010: 475 Ministries: $1,899,273; increase $157.3 K • 2011: 478 Ministries: $1,907,856; increase $8.5 K • 2012: 453 Ministries: $1,651,244; decrease $256.6 K • 2013: 460 Ministries: $1,536,654; decrease $114.6 K • 2014 YTD: 407 Ministries: $550,014 (Six months number)