Friday, November 14, 2014

NEC FINANCIAL STATUS

From Minutes of the Sept 9, 2014 meeting of NEC (Newark Empowerment Center):

FINANCIAL STATUS - Whereas initially the Empowerment Center was financially self-supporting from the community, in most recent years some additional funding has been required from Friendship House, Inc.  General Operating Funds.  In 2013, the total expenses, including the client financial assistance was $77,870, which required $11,550 additional funding from Friendship House, Inc.  Year-to-date 2014, the expenses, $53,495 have exceeded income, $35,340 by $18,155.  Some anticipated income between now and the balance of the year may make it possible to end up with less deficit.  The budget for 2014 is $87,100.  some additional Newark community funding will be needed to avoid a growing deficit. 

Please share this financial information with appropriate people and organizations.  Contributions may be made to Friendship House, Inc., P.O.Box 1517, Wilmington, DE   19899 and memo "Newark Center."

Delaware United Way contributions may be designated to Friendship House, Inc. using code 9033.

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Fund Raisers - Cafe Gelato will sponsor the 6th Annual 10 Mile Run and this year also a 3 Mile Walk on October 19 organized and managed by Races2Run.  For more information and registration see races2run.com.  Ryan German, ryan@cafegelato.net, would like some committee support to help with race organization.  Please contact Ryan directly to volunteer your support.  
  St. Andrews Presbyterian is hosting an October 7 Golf Outing at Back Creek Golf Course.

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