The Project

In respect of our members, it is key to continuously take account of the church’s current assets and liabilities. This allows for more comprehensive financial planning.

ASSETS - The people of Broadway are the church’s biggest assets, but the brick and mortar of the campuses provide support in our ministries. Areas of these campuses are in need of improvements to accommodate current and future members.

LIABILITIES - Our major liability is the remaining debt that was incurred to construct the MAC and Kids Zone building; purchase the houses adjoining the Melrose campus; and the Greenwood launch. These expenses were wise investments and vital in completing our mission; but now need to be erased as to not impede God’s possibilities for our future.

FINANCIAL STRATEGY - Before we can truly consider a new multi site location, the existing debt on the Melrose and Greenwood campuses must be retired. Retiring this debt will save the church $11,500 each month in mortgage payments.

Broadway’s people are again being challenged by what God has in store for our future, but will once again prayerfully consider our blessings and let God guide us. AS ONE...WE CAN

Funding

Elements of Campaign

Existing Debt:
$ 990,000 MAC Expansion
$ 450,000 Melrose Adjoining Properties
$ 60,000 Partial Expense Greenwood Launch
$ 1,500,000 Total

Future Needs:
$175,000 Infrastructure Improvement (expanded parking & Melrose Kid’s Zone renovations)
$ 325,000 New Multi Site Launch
$ 500,000 Total

$ 2,000,000 TOTAL NEED

Location & Directions