In 1998, People’s Church faced an enormous
trial of survival. The congregation found itself unable to meet its financial
burdens because of a failed bond program. Marilyn and I were leading a Bible
School in Cordoba, Argentina, when we received a call to come and lead them
during this crisis. We pondered the request and sought God’s guidance and
thought how ironic to return to the Church where we had served as youth pastors
23 years earlier. God had blessed us, and we found ourselves in a fruitful time
of ministry in Argentina. However, we also realized that People’s Church had
been an incredible partner with us in Argentina, so now would be our
opportunity to help them. Although it was a difficult decision to leave
Argentina, we accepted the challenge of leading the Church forward. People’s
Church assumed a new mortgage of almost 1.6 million dollars as part of the
solution. This new mountain of debt would take 21 years to pay off; we all
wondered whether we could do it, but with God’s help, we began an arduous
journey that ended in June of 2019.
The financial arrangement afforded us one year
to plan for monthly payments. Our yearly income projection fell way short of
making these monthly payments. In 1999, in preparation for our task, we created
an account called The Joseph Fund; this fund became our strategy to prepare for
these intimidating payments. Like the widow in First Kings, chapter four, all
we had were empty vessels—we desperately needed God’s provision. We began
raising revenue by selling everything we could, the singing Christmas tree,
farming implements, a radio station, and of course, we gave weekly offerings.
About 10 years into the loan payments, we
applied to another lender to get a lower interest rate. They answered, “You are
too big of a risk,” so they denied our application. Although we may have looked
too small and insignificant on paper to climb this mountain, God never gave up
on us. He helped each step of the way—all the way to the top. This has been our
financial strategy this last 20 years:
·
Keep missions front and center
·
Stay current in our financial obligations to
everyone
·
Do not incur any more debt
·
Keep giving to the Joseph Fund each month
·
Keep everyone informed as to our progress
Our Vision Going Forward!
·
To invest money and resources into ministry to
people
·
To implement effective ministries that reach
our community
·
To continue to improve our facilities with
needed renovations
·
To save for future projects
·
To increase our missions giving in greater
capacity
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