
The revenue committee was established in 2016 to coordinate
and monitor various means of revenue generation for DRCC. Aside
from annual DRCC member donations, other revenue sources for
DRCC are rental income, income from various church events, and
investment income. The rental income for 2017 was almost
$13,000 which compares well with an average rental income of
$10,000 during the past four years.
The income from various
events (suppers, silent auction, card parties, bazaar, etc.) was
$14,349 compared to $16,165 last year; most of this amount was
used to support the Local Operations Account but about $4500
went to Missions, Circle Account and the Hospital Auxiliary
Whistle Stop.
INVESTMENTS
In 2016,
an investment account was opened for memorial funds that were
designated for future long term growth. Initially the $50,000
bequest from Jessie Brown was placed in this account and its
value was $51,985 on Jan 1 2017. During 2017, the Grace
Barrington fund ($10,500) was added to this account. The value
of this Legacy account was $70,949 on Dec 31, 2017. Also during
2017 an Infrastructure Investment account was opened with an
initial investment of $75,000 which grew to $78,536 by Dec 31,
2017. These investment accounts are monitored quarterly by the
Revenue Committee.