I would and did Property Searches 6,558.43 for Ron Olin for free. If TPC paid a dime for someone to do these, and I was told they had contracted with a realtor (I think from within the congregation) to scout properties then they got ripped off. Most if not all commercial realtors do this for FREE!!! They get paid when a property they suggest is sold and then they get paid by the seller, not the purchaser. Not a legitimate expense! Administrative Fees $15,898.93 a questionable expense that is hiding what the money was really spent on. Landscaping where? At Mike's house? I think the Landscaping expense of $2,269.01 needs some specific explanation. Like was this on the properties across the street from the church? I don't really remember any landscaping being done. I do not consider any of these as part of the Stewardship Plan as explained to us by Ron Olin:
Preschool Ministry 6,345.50 -
Child Care Center 16,559.80 -
SOMA Remodel 44,357.14 -
Childrens Ministry 40,4663.89 -
Worship Ministry 7,142.52 -
None of those ministries were ever a part of the Stewardship campaign and had nothing to do with building a larger church on the 8th street campus site. So $114,871.85 of these misused funds should be reimbursed to the Stewardship fund.
So it appears that Jeff was not telling the truth when he told my husband and I that TPC did not have the money to refund our entire Stewardship donation. Big surprise, someone in TPC leadership lied.
I want to see the back up for all these figures. I want to see the details because it looks to me everything that we alleged all along was true. Money from the Stewardship Fund was spent for goods and services instead of cash for land. As I have said before, fraud is fraud.
D of D
Quote
nooneofanyimportence
Okay News flash. TP Business mtg Building Fund Accounting. Hang on people. At the meeting it was stated that only one person asked for their money back. Then later 4 people were mentioned. I happen to know for a fact that more than that asked. NOW WE ALL SHOULD MOVE FORWARD WITH ASKING FOR OUR MONEY BACK. They sheep were told they could ask questions in certain catagories, but not others. WHY? WHAT IS STILL BEING HIDDEN?
TPC Building Fund Accounting
Income - 895581.77
Interest- 12159.38
Total 907741.15
Expenditures:
Consulting Fees 51,918.30 - This is what TP paid the Stewardship people to tell then how to ask for money.
Celebration Banquet/Hospitality 30,356.98 - This is what TP spent on food and thank yous
Administrative Fees 15,898.93 - What the heck is this?
New Property Searches 6,558.43 - Okay, maybe legit
Shuttle Purchase 7,652.56 - Shuttle purchased, then sold. Did money go back into the Bldg Fund?
Move to the Jr High 169,900.44 - Trailers, chairs, sound equip, batteries, generators etc... ASK FOR DETAILED ACCOUNTING
SubTotal 282,285.64 Yikes
Preschool Ministry 6,345.50 - How is this considered part of the building fund? ASK FOR DETAILED ACCOUNTING
Child Care Center 16,559.80 - This is completely seperate entity, why did it get money for PTL? ASK FOR DETAILED ACCOUNTING
SOMA Remodel 44,357.14 - Is SOMA part of the Bldg Fund? SAME AS ABOVE
Childrens Ministry 40,4663.89 - This may have purchased a trailer and bouncy houses- ASK FOR DETAILED ACCOUNTING
Worship Ministry 7,142.52 - YES this has to be part of purchasing a building
Sub total 114,871.85
Landscaping 2,269.01- HMMM
Property Loan Payments 233,765.97 Okay maybe
Loan & Appraisal Fees 7,535.00 Okay maybe
Sub Total 243,569.98
Loan to General Fund 59,000.00 (Severance Packages) There should be major outrage here.
Less Payments on Loan - 10,900.00
Sub Total 48, 100.00
Sub Total all expenditures 688, 827.47 ------ How much of this went to purchasing a building?
Total Income 907,741.15
Less Expenditures -688,827.47
Total Left Cash on Hand 218, 913.68
Cash in Cascade Bank account - Siezed by bank 167,468.83
Edward Jones Account (Available to spend) 51, 444.85
Total 218, 913.68
Loan History for only the severance packages - 59,000.00
Repayment amount with interest 64,042.00
Less Payments from general fund -10,900.00
Total Loan Balance 53,142.00
There you go folks- Can the facts be wrong. Nope we were all duped. Come on get mad at this injustice. I am, and I will be asking for a detailed accounting and for my money back again. How can TP get away with this? Dont be stupid sheep that dont ask questions. Who will stand up for injustice?
Edited 1 time(s). Last edit at 02/01/2011 11:10AM by Daughter of Dorcas.