Fr. Tom’s Letters

Each week Fr. Tom writes a letter to parishioners in our bulletin. Every letter is comprehensive, including current information about the Parish, an explanation of Scripture for that Sunday, and an invitation to become more engaged in the life of the parish.

November 16, 2025

Dear Parishioners,

2024-2025 FINANCIAL REPORT

Every year around this time, I like to offer a financial report to the parishioners. This report covers the fiscal year period from September 1, 2024 to August 31, 2025. Let me begin by offering three very important gratitude's.

Thank you to the parishioners who so generously support St. Anne’s Parish through their financial contributions. Through the Sunday offering, the Christmas and Easter collection, and various donations made through the year, our parish continues to meet our financial needs. We have a great ministry and volunteer spirit. Financial offerings from the parishioners help us respond to the gospel to serve others in all sorts of ways. Thank you for your generosity.

Thank you to Mrs. Mary Lou Engrassia and all those who help her with the parish finances. With collection counters, We Share oversight, managing deposits and paying bills, Mary Lou and her staff do a great job and continue to be a most trustworthy group of people entrusted with the management of both the parish and school finances. Our combined parish and school budgets now exceed six million dollars. In addition to her financial management, Mrs. Engrassia organizes the parish calendar, supervises employees, manages payroll, and oversees building maintenance and human resource personnel issues. I am very dependent on her management and financial expertise. Thank you Mary Lou and team.

Thank you also to the Parish Finance Committee. We meet quarterly to review financial reports that are compiled on a quarterly basis. We look at various ministries in the parish. This past year, we reviewed our CYO program and highlighted our very large enrollments of over 1,300 participants. CYO is a very important link for many families to the parish. The Finance Committee asks helpful questions about the reports and helps us to identify our financial needs as we move forward. Special projects that have been identified include new roofs and church air conditioning. Thank you to the Finance Committee members.

Let me share with you some particular numbers. Our regular collections, Sunday, Christmas, Easter amounted to $1,735,710, a 1% increase over the previous year, a 2% shortfall to budget. We still have a 35% increase in total revenue. This was due to some extraordinary gifts to the parish beyond the regular collections. We also received monies from the ERC (Employee Retention Credit) program due to the pandemic. We received this money because of Mrs. Engrassia’s diligence and the fact that we kept all employees on during the pandemic with full salary. As you can see in the accompanying charts, our total surplus for the parish was $293,612. I attribute this surplus to:

· Consistent parishioner generosity

· Use of We Share

· Extraordinary gifts and the ERC

· Sound financial management

It should be noted that included in these extraordinary gifts are gifts to the parish from the families of deceased parishioners.

Our parish expenditures were $3,511,383, an increase of 34% over the previous year. Regular repeated operational expenses did not significantly change from the 2024 to 2025 fiscal years. The primary reason for increased expenditures included the new tabernacle, landscaping and irrigation upgrades, fee to the third party who helped file for the ERC, and our bankruptcy settlement contribution. These are all onetime expenses not to be repeated this fiscal year.

So our total for parish expenditures was $3,511,383. Our total revenue was $3,804,995 for a surplus of $293,612. Some of the revenue was onetime and will not be repeated. Some expenditures were onetime and will not be repeated. Totaled up our revenue and expenditures for 2024-2025 was $7,316,378. Our budget for 2025-2026 returns to numbers with which we are more familiar, $3,112,700 revenue budget; $3,068,723 expenditure budget with a projected surplus of $43,977. With continued generosity from parishioners and wise financial management, we are confident in this budget.

SAINT ANNE’S CHURCH

Operating Revenue	2023-2024	2023-2024	Variance
Sundays & Holydays	1,392,562	1,379,192	1%
Christmas	238,027	231,660	3%
Easter	105,121	112,941	-7%
Fund Raising (Spirit Day, Big Bucks, Booster Club)	74,693	35,909	108%
Faith Formation (Religious Education)	150,548	140,405	7%
Parish Programs (Parish Social Ministry, Camp Saint Anne, CYO, Respect Life)	286,396	222,480	29%
Auxiliary Revenue (Sacramental Offerings, poor boxes, votives, interest, rent)	363,195	126,106	188%
National & Diocesan Collections	24,517	21,626	13%
Total Revenue	2,635,059	2,270,319	16%

Operating Expenditures
Salaries	806,172	811,066	-1%
Fringe Benefits (Medical/Dental, Pension, FICA taxes, etc.)	349,655	429,071	-19%
Faith Formation (Religious Education)	57,263	59,238	-3%
Parish Programs (Parish Social Ministry, Camp Saint Anne, CYO, Respect Life, Pre-Cana)	235,443	139,011	69%
Parish Subsidy for Saint Anne's School	221,504	336,890	-34%
Printing & Office	103,245	100,047	3%
Auxiliary Expenses (Liturgical, Choir, Assessments, etc.)	591,415	192,544	207%
Rectory Household	28,370	25,588	11%
National & Diocesan Collections	24,517	21,626	13%
Building Maintenance & Utilities	366,841	350,477	5%
Total Operating Expenditures	2,784,425	2,465,558	13%

Net Operating Revenue in excess of expenditures	-149,366	-195,239	-23%

Extraordinary Income
Donations & Bequests (2024-2025: received ERC funds)	1,128,453	407,539	177%
Capital Campaign revenue	41,483	139,230	-70%

Extraordinary Capital Expense
Non-recurring capital expenditures
2024-2025: Tabernacle, landscaping & irrigation upgrades, lighting, rectory repairs, bankruptcy settlement contribution	726,958	150,757	382%

TOTAL INCOME	3,804,995	2,817,088	35%
TOTAL EXPENDITURES	3,511,383	2,616,315	4
TOTAL NET	293,612	200,773	46%

St. Anne’s Parish School also enjoyed a healthy fiscal 2024-2025 school year. Total revenue was $3,281,374. Total expenses were $2,967,168. School revenue was significantly increased by a parish subsidy of $221,504, grant funding from New York State, and a sharing of over $300,000 from the ERC pandemic relief funds. With that assistance, the school finished with a surplus of $312,206. Note that the $300,000 pandemic relief is largely responsible for the school surplus. Again, that revenue will not be repeated this year.

Our school continues to be among the strongest of Catholic parish schools across Long Island. Our enrollment continues to include 385-390 students. Our school administration, led by Dr. Fasano continues to find ways of increasing and enhancing our offerings. As I have joined the faculty this year on a daily basis, teaching 8^th grade religion, I can attest more than ever to the quality of our school. Our administration, faculty, staff, parents, and most importantly our students, all work together to make our parish school an experience of Catholic education, faith formation, and community. Students are happy, courteous, responsible, and eager to learn.

SAINT ANNE’S SCHOOL

Revenue	2024-2025	2023-2024	Variance
Tuition & Fees	2,234,954	2,153,124	4%
Subsidies (Parish and Diocesan)	261,504	376,890	-31%
Fund Raising & Development	73,025	50,260	45%
Mandated Services	135,970	140,249	-3%
Other Income	575,921	212,673	171%
Total Revenue	3,281,374	2,933,196	12%

Expenditures
Administrative Salaries & Expenditures	366,063	361,849	1%
Instructional Salaries & Expenditures	1,754,263	1,712,109	2%
Building Maintenance Salaries & Expenditures	359,794	376,172	-4%
Fringe Benefits (Medical/Dental, Pension, FICA taxes, etc.)	476,820	527,612	-10%
Miscellaneous Expenditures	1,828	619	195%
Total Operating Expenditures	2,958,768	2,978,361	-1%

Net Operating Revenue in excess of expenditures	322,606	-45,165	-814%

Extraordinary Capital Expense	10,400	16,891	-38%
Total Expenditures	2,969,168	2,995,252	-1%

Net Revenue in excess of expenditures	312,206	-62,056	-603%

Our financial reports include all the particular details of a parish and school operation. We succeed at what we do because of the faith, generosity, compassion, and volunteer spirit of the persons for whom St. Anne’s is an extension of their home. We are blessed by the Lord in all sorts of ways. God’s presence to us in our church, in our school, in the St. Francis Ministry Center, and in the rectory is abundant. God’s mercy uplifts us and extends to us his forgiveness. We treasure our faith; we treasure our time together on Sundays; we treasure the dozens of activities, ministries, and service opportunities that are part of every week here at St. Anne’s. By this report, we call attention to the immense generosity that supports all we do. It is a blessing for me to continue to serve you as pastor.

With Gratitude and Blessings,

Fr. Tom

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