arch dialysis
if bentham were pope
that's the one i wanta dream about
but at any rate
here's some further adventures
in gothic transparency
recently published
here to fore unseen numbers
on boston's
local franchise
of
the christian world's leading npo /ngo
====================================
" boston's Cardinal Sean P. O'Malley
is pledging to cut spending,
improve fund-raising,
and balance the church's budget
within 18 months,
as he attempts to strengthen
a storied archdiocese
financially hobbled
by years of scandal and debt"
"Saying he was seeking
to rebuild trust by disclosing information
, O'Malley released a torrent
of financial data yesterday
that the archdiocese believes
is the most ever disclosed
by any Catholic diocese in history"
" And he pledged
full financial transparency
on an ongoing basis"
"for the archdiocese,
its 303 parishes,
and dozens of related
Catholic organizations"
The multiple reports released yesterday
reveal the stunning breadth
of the Archdiocese of Boston,
which claims nearly 2 million adherents
in 144 communities.
The archdiocese owns 1,500 buildings
in Eastern Massachusetts,
with an estimated replacement value
of $2.8 billion;
it employs 3,000 people
and oversees hundreds of parishes
, schools, cemeteries, hospitals,
and social service organizations.
The archdiocese and its parishes
have $330 million in assets,
but officials said financial restrictions
and debt total $376 million,
resulting in a $46 million gap.
Despite having laid off
dozens of employees
and stabilizing fund-raising
in the last several years,
the archdiocese is also running
an annual operating deficit,
and it faces serious ongoing problems
from diminished attendance at Masses,
decreased school enrollment,
a shortage of priests and nuns,
and massive building maintenance costs.
The measures announced yesterday
are mainly aimed at addressing
the annual operating deficit.
''The motivation for the transparency
is to help people feel
a part of the archdiocese," O'Malley told
a packed news conference at St. John's Seminary
in Brighton.
''We're not trying to keep secrets from people.
We're not trying to deceive them.
We're trying to use the limited resources
we have for the mission of the church."
"O'Malley released audited financial reports
for the last two fiscal years.
He also released data
on what he called the entire history
of the archdiocese's spending
related to clergy sexual abuse,
an explanation of the archdiocese's
organizational structure,
and about 1,000 pages
of audited financial reports
for all but seven
of its associated organizations".
--------the Hauser Center for Nonprofit Organizations
at Harvard's Kennedy School of Government-------------
council of parishes and the Voice of the Faithful
"a cascade of crises emerged
in the church over four years ago."
"regain the trust of the people in the pews."
"require every parish
to release financial reports annually "
" overall, parish collections are falling".
"The report cites examples
without naming churches:
Some parishes attract
as few as 100 people weekly
and take in as little as $60,000 annually
in collections,
while others draw more than 3,000
and generate $1.5 million a year.
One parish has $6.9 million in the bank,
while another is $5 million in debt"
"the archdiocese's central administration
is still projected to spend $7.8 million
more than it is taking in
during the current fiscal year"
"many cuts in personnel and programs are expected"
O'Malley, cloaked in the brown hooded habit
that distinguishes him as a Capuchin friar
and the red zucchetto that signifies
his status as a cardinal...."
"The archdiocese plans to cut
about 50 of about 500 positions
in central administration,
and about $4.5 million
in other spending next year.
It also plans to reduce the size
of the cardinal's Cabinet,
from 12 people to eight,
and to regionalize
the delivery of many services "
''While we do have liquidity,
we have little left to sell,
and we are faced with substantial obligations."
" the Legislature,
debated a law that would have required
financial disclosure by religious organizations"
" The bill was defeated
only after Protestant churches
and other non-Catholic groups
launched a massive lobbying effort
against it"
" Many Protestant denominations
already fully disclose their finances
and allow laypeople to vote on their budgets"
"2004 re configuration effort
resulted
in the closing of 62 of 357 parishes"
" He is planning this year to replace
all of the archdiocese's top financial officials
-- Chancellor David W. Smith is retiring in July;
the development director, Kenneth J. Hokenson,
is resigning at an unspecified time;
and Vicar General Bishop Richard G. Lennon
is being installed as bishop of Cleveland in May ".
"O'Malley has turned increasingly
to lay businesspeople
to help him plot the church's financial recovery"
The transparency project was led by McCarthy, and
"the archdiocese's effort to develop a strategic plan
for the future
is being overseen by James F. O'Connor,
managing director and CEO
of The Chartwell Company, a private bank.
Jack Connors Jr., the chairman and cofounder
of the advertising firm Hill Holliday,
is overseeing an effort to restructure
the parochial school system,
while Neal Finnegan,
director of Citizens Financial Capital Inc.
, is heading the search
for a new archdiocesan chancellor"
.
.
Posted by pinky at April 22, 2006 02:34 AM