3027 Valley Road Purchase
For many years, the church has had a long-term vision of acquiring adjacent properties to create opportunities for future growth and expansion. This strategic plan has been driven by the desire to ensure that the church can continue to meet the needs of its congregation and community as it grows. One of the key steps in this vision was the acquisition of nearby properties, which would allow for greater flexibility in the development of new programs, facilities, or services.

This year, we are excited to announce that we have successfully completed the first phase of this vision with the purchase of the house at 3027 Valley Road. This milestone marks a significant achievement in our efforts to prepare for future growth, as it positions us to utilize the surrounding space in ways that align with the church’s mission and goals. The acquisition of this property brings us closer to realizing the larger plan for expansion, which we believe will benefit not only our church family but the community at large.

Thanks to careful financial planning and the availability of assets, we are pleased to share that this purchase was completed without the need for financing. This means that the church is able to move forward in a fiscally responsible manner, free from additional debt, and remain focused on our vision for the future. This is a blessing and a testament to the resources and support we have been fortunate to receive over the years.

The house, which was cherished for many years, is currently undergoing construction with direction from Mark Melillo. We are thrilled to share that the renovations are nearing completion, and we look forward to seeing the updated space fully realized soon.

Financial Covenants
Church finances often consist of various funds designated for specific purposes, earmarked funds if you will. After careful review, the finance team and elder board identified some long-term funds and made the decision to un-restrict a portion of them to assist in the cash purchase of 3027 Valley Road. This decision was made with the commitment to restore those funds to their original accounts and purposes.

To ensure this, the finance team has established quarterly goals to fully replenish the funds by the end of the fiscal year. While this is an ambitious target, the team is confident that, with the continued generosity of our congregation, the funds will be restored as planned

K&M Maintenance Contract
As the campus continues to expand in both numbers and size, the amount of onsite activities is also increasing. With the growth of events and people on campus, our facilities will naturally require more upkeep and attention. In October, we were excited to announce a new partnership with KM Maintenance Company. KM will provide us with a staff member onsite every weekday for miscellaneous cleaning projects, room setups, and smaller tasks.

Additionally, there will be a dedicated person responsible for managing cleaning across the entire campus to ensure continuity. KM Maintenance is a local company that truly cares about the community and the presentation of our campus. They also service other large facilities, such as Summit Medical Group and Liberty Corner Presbyterian Church. With their impressive responsiveness, KM Maintenance is well-equipped to manage the many large projects occurring around campus.