Re: The Living Word Fellowship, The Walk, John Robert Stevens
Date: January 20, 2019 04:12AM
I still have a lot of family members who live near Shiloh. I received the following report from one of them from the Wednesday night meeting.
Shiloh Report 1-16-19
There was an extra dumpster at Shiloh over the weekend while the TLW people were there removing files and either packing or destroying them. The dumpster is gone tonight. On Monday it was still there but after dark all that could be seen were black trash bags.
Factual highlights from tonight's Shiloh congregant meeting: (facilitated by Chris Reeves and Ron Caquelin)
1. A review of the Budget Committee’s report;
• Based income projections on 50% of prior years
o no rental income of apartments
o no income from camps/conferences
• Based expenses on 50% of prior years
o Attempting to reduce utilities by moving and consolidating offices and not heating/cooling areas not in use,
o Reduced salaries
• Annual net loss projected at $140,000 (under the new scenario presented).
• Impound accounts to draw on for other uses if absolutely necessary
• Could possibly sell 2 rental houses owned by Shiloh
• Could possibly rent out 60 acres of pasture (not significant amount of income)
2. An update on the property sale discussion from last week;
• Addressed previous concerns regarding the vision that the property was donated for: Noah spent 120 years building the ark which was used for just over a year. It was important for Noah to do what God lead him to do but he didn't live in the ark for the rest of his life. He moved into a 'new day'.
• If the Shiloh property sells; would we want to use the proceeds to buy a new facility? Survey available at the front desk. Also will be emailed out.
3. An update on the possibility of having PastorServe and/or other such outside resources to guide us through our process.
• Craig Haworth, Ron Caquelin and Chris Reeves met with PastorServe reps.
• Proposal would have 3 team members visit Shiloh and interview 10-15% of the membership representing leaders, long time members, short time members, different age groups etc. Have an opening the first week of February.
• Would present a proposal of recommendations within 1-2 weeks. Which would bring perspective, context etc.
• cost $9,000 + travel expenses (total approximately $11,000)
• Addressed previous concerns regarding Palmer Lake shutting its doors on recommendation from PastorServe; The Palmer Lake meetings were like 'fire crackers' every time they met which is why they received that recommendation.
• Addressed previous concerns regarding if PastorServe would try to change the belief system; they do not try to change Baptist to Pentecostal or Lutheran to Methodist etc so no they will not try to change the belief system.
4. A report on the changes to the Memorandum of Understanding, (MOU), with APCO that was previously discussed;
• All of the comments, questions and concerns that were raised from the first draft of the MOU were directed to the attorney (Shiloh does have its own representation but he was sure to emphasize that it is not adversarial when asked)
• The directors (Steve Rich, Ron Caquelin and Micah Seal) met with the attorney to review the updated draft.
• The updated draft will be at the front desk for congregants to view tomorrow. There is a one week deadline for feedback.
• Not all APCO directors have resigned as it is a process to untangle all the aspects in order to close the entity and so someone has to stay and do the work.
5. An explanation of Shiloh’s interest in Marilyn Farms’ property and update on the sale of certain parcels.
• Shiloh began as a LW Trust entity. It's not just a product of what we see here. It was started and maintained with donations from the fellowship everywhere.
• Iowa law changed (unsure of timeline) so that non-profits could no longer own farms and have an unfair advantage regarding property taxes. However non-profits could own shares in for profit farms. Therefore 600 of the 800 acres in the LW Trust were separated out to form a for-profit farm named Marilyn Farms. Shiloh has 49% shares in Marilyn Farms and 2 other entities have the remaining 51%. (Chris hemmed and hawed when asked who the other 2 entities were and one point he called them 2 other churches and at another point even said he didn't know but people kept asking in different ways) Finally he said that TLW and HFM were the other 2 entities but that HFM was looking to donate their shares to another non-profit.
• Marilyn Farms is run by the shareholders and the board of directors carry out the duties.
• Marilyn Farms took on approximately $80,000 in debt starting up the cafe and some other new ventures. When TLWF imploded their customer base diminished by about 50%
• MFC is working on reorganizing itself to eliminate debt, therefore the decision (had been discussing for couple years) was made to sell a parcel of farmland North of the river. The proceeds would pay off the debt and provide operating cash for the next few years.
• MFC will be renting out the remaining acres to local organic farmers for the next few years.