Bethel's Reports

Bethel's Annual Report

Annual Meeting

The Bethel Annual Meeting of the Congregation was held on January 30, 2022 in the sanctuary.

Annual Report

Bethel uses its annual report to update the congregation on the church’s vision and progress and to show how donated funds are utilized. It is the church staff’s desire to use the annual report as a method to be transparent to the congregation and provide accountability to those who support Bethel and the ministries offered here.

The additional reports (not included in printed copies) are listed below. Click the “read more” button to view them.

• Adult Education Team Report
• Bethel Women: Treasurer’s Report
• Children’s Ministry: Treasurer’s Report
• Children, Youth, & Family Ministry’s Report
• Membership Coordinator Report
• Parish Nurse Report
• Worship & Music Team Report
• Young In Spirit: Treasurer’s Report



2021 Annual Report

Click the image to read Bethel’s 2021 Annual Report

By-Laws of Bethel Lutheran Church

Letter to Our Congregation

Refinancing and/or Extending the Maturity Date of the Existing Mortgage

Dear Bethel Member,

We want to inform you about an additional agenda item and vote that will take place at the upcoming Annual Meeting on January 30, 2022. The vote is regarding an option to refinance and/or extend the maturity date of our outstanding mortgage loan in order to take advantage of lower interest rates as well as allow greater flexibility for cash flow.

Bethel obtained a mortgage loan in the amount of $4,600,000 in 2004 to build the Sanctuary & Narthex. During this time, a borrowing resolution was passed by the congregation with terms to pay off the balance in 20 years (2024). Nobody could have predicted the events that would take place over the course of this time. Due to effects of the pandemic, interest rates are at historic lows while contributions to our Mortgage Payment Fund have decreased by 13% over the past two years. In 2021, Bethel spent a total of $114,000 from the Annual Fund to supplement the Mortgage Payment Fund in order to pay the monthly mortgage payment of $37,250. That is two times the budgeted amount.

The recommendation by the Bethel Finance Team in agreement with the Church Council is to amend the current resolution and put in place a resolution that is more adaptive with our current environment. Extending the life of the loan and/or refinancing drastically reduces the required monthly payment obligation. This will not only allow us to better address our immediate short-term cash flow needs but it will also allow for greater flexibility and protection in an ever-changing environment.

Please be assured that 100% of the contributions to the Mortgage Payment Fund will continue to go toward paying off the mortgage regardless of any changes to the minimum monthly payment. With increased support of this fund, we could still anticipate a targeted payoff of 2024 while saving money on interest over the remaining life of the loan.  

At the Annual Meeting we will be asking you to vote “Yes” or “No” on this resolution. Please note that ballots can only be accepted in person at the meeting, there will be no “absentee” or “by proxy” votes accepted. The resolution will be stated as follows:

“Resolution to refinance and/or extend the maturity date of existing mortgage loan”

I vote __ Yes / __ No to allow the Finance Team the ability to refinance and/or extend the maturity date of the existing Mortgage loan, not to exceed a maturity date of 10/15/2034.

If you have any questions or concerns about this resolution prior to the Annual Meeting, there will be two opportunities to address these with Council members at our upcoming Chapel Chats. The following dates of the Chapel Chats are January 16th from 11:30am-12:30pm, and January 18th from 7-8pm.

Thank you for your prayerful consideration of this request.

In Christ,

-Bethel Finance Team