Our Stewardship

 

 

Introduction to our Mission’s Financial Statement

 

The following is a report to you on how we have stewarded your precious resources during the previous year. It is an honor to do this. Each year the Central Association of the Miraculous Medal has an audit done by an outside, independent auditing firm – Zelenkofske Axelrod, LLC. This audit demonstrates that we do what you expect us to do and with the utmost cost savings.

 

 

Our mission first and foremost is to promote prayer and devotion to Mary Immaculate under the title of Our Lady of the Miraculous Medal; to support the retired priests, brothers and seminarians of St. Vincent de Paul’s community, the Congregation of the Mission (Vincentians); and to help them in their work with the poor of St. Vincent de Paul. Thank you for your great support and generosity.

                                 

                                   

Report on the Mission

Miraculous Medal Shrine and Central Association of the Miraculous Medal

February 1, 2008 to January 31, 2009

 

Income

 

0. Donations with Intentions $2,705,152

 

 

0. Enrolling Members in Prayer $375,221

 

 

0. Enrolling as a Member $351,255

 

 

0. Vigil Lights for Prayers $169,123

 

 

0. Legacies & Bequests $511,725

 

 

0. Religious Items, Other Donations $178,259

 

Total Income $4,290,735

 

Expenses

 

0. Promotion of Devotion to Mary $2,608,511

 

 

0. Shrine of Miraculous Medal $848,212

 

 

0. Contribution to Seminarians &

 

Retired Priests/Brothers $130,380

 

0. Support of Poor & Needy $168,116

 

 

0. Pastoral Ministry $240,580

 

 

0. Fundraising $208,000

 

 

0. General and Administrative $131,308

 

Total Expenses $4,335,107