Cathedral Rock Church - Growing Faith

We have the people, the purpose, and the property.
Now, we need the remaining funds to bring our permanent church home to life!

JOIN US FOR 21 DAYS OF PRAYER

Day 1: Heart of Generosity

Day 2: Faith Over Fear

Day 3: God as Provider

Day 4: Stewarding Well

Day 5: Cheerful Giving

Day 6: Sowing and Reaping

Day 7: Grace to Give

Day 8: Aligning Priorities

Day 9: Sacrificial Giving

Day 10: Trust in God’s Faithfulness

Day 11: The Widow’s Offering

Day 12: Unity in Generosity

Day 13: Gratitude in Giving

Day 14: Eternal Perspective

Day 15: God’s Abundant Grace

Day 16: Stewardship of Time

Day 17: Contentment

Day 18: Generosity as Worship

Day 19: The Joy of Partnership

Day 20: Blessing Others

Day 21: A Growing Faith

OUR VISION

SERMON SERIES

The Heart of Generosity

Sep 8, 2024

Investment on Mission

Sep 15, 2024

Eternal Investment Strategies

Sep 22, 2024

PLANS

Click on an image to zoom in.

OUR CHALLENGE

TOTAL PROJECT COST: $2,775,000

OUR GROWING FAITH PROGRESS

AS OF OCTOBER 12, 2024

READY TO JOIN US IN THE GROWING FAITH STEWARDSHIP INITIATIVE?

GIVE NOW

FAQS

STEWARDSHIP

Is $457,000 the total amount required for us to move into a new facility?

Yes! We do not need to raise additional funds beyond this to be able to build our 8,000+ square foot new facility and move in to it.

What date do we need to raise the money by?

We need to raise $457,000 by Sunday, March 2nd to be able to secure a loan and break ground in the Spring of 2025.

We are referring to all gifts given by March 2, 2025 as "Groundbreaking Gifts".

Can I give over a longer period?

Yes! All continued Growing Faith giving will offset the mortgage incurred and benefit Cathedral Rock Church’s resources available for God’s kingdom use.

We are referring to all gifts received after March 2, 2025 as "Grand Opening Gifts".

FUTURE COSTS

What does a mortgage of $1,200,000 cost each year?

$1,200,000 at 7.5% amortized over 25 years is roughly $106,500 annually or $8,875 per month.

Pray with us that mortgage rates drop in the next several months!

What are the anticipated utility costs on a building size of 8,000+ square feet?

Utility costs run approximately $1.00 to $1.50 per square foot.

Using the $1.50 ratio, we are anticipating costs of about $12,000 annually or $1,000 per month.

How much would liability insurance be for a new facility?

A high-end conservative estimate for facility liability insurance is about $15,000 annually.

Does our total project cost of $2,775,000 include money for furniture, fixtures, and equipment (FF&E)?

No, this amount anticipates that we will use the current equipment and furniture that we have and replace these things over time rather than all at once.

CURRENT BUDGET

Can our budget afford a new, permanent facility?

Our current budget allows for $86,500 toward facility costs and insurance.

The new facility costs outlined above would be approximately $133,500 annually–which exceeds our budgeted amount by $47,000.

We currently have over $300,000 in our general fund savings. Anticipating minimal changes to our current budget, our general savings could cover the increases in costs for over six years.

We also recognize that as we move into a permanent home it is normal for the church size and contributions to increase, which could be used to cover these increases.