Finance
by Brad Schmidt (Treasurer), Francois Keet (Elder), Joe Dunkle, Russell Gesling, Larry Mojumdar, Thomas Lu, Kats Mikami, Catherine Sasanuma, Julie Voskuil, & Pastor Héctor Herrera
Finance Team
The activities described in the annual report have been made possible by the existence and effective operation of two separate legal entities, the Shukyo Hojin of TUC and the Tokyo Union Church Foundation, Inc. (“TUCF”). Each is a fully self-funded and self-managed charitable institution. Consistent with prior years, the financial results in this report have been prepared by combining the financial information of these entities (collectively “TUC”).
The congregation determines operating priorities through the constitutionally prescribed directives, procedures, organizational structure and leadership selections. The congregation funds its operating priorities through regular tithing, loose donations, and designated gifts.
TUC is grateful to receive donations designated for specific purposes such as for Outreach including the Mission with Our Homeless Neighbors (“MOHN”) and for the rebuilding of TUC’s church building, however unrestricted giving is encouraged in particular as it helps fund important operating costs such as the salaries of pastors and staff and expenditures necessary to maintain the church building and the pastor’s manse.
The Finance Team monitors the short and long-term financial situation and offers recommendations as appropriate to help ensure that steps can be executed effectively in consideration of congregational priorities in a transparent manner.
Shukyo Hojin of TUC
Shukyo Hojin of TUC (“SKH”) supports TUC’s vision and integration in the community by assuring a legal entity status in Japan. SKH also takes charge of organizational financial transactions as a legal entity. SKH arranges the reports so that the Japanese authorities can understand the mission, vision, and activities of TUC. On April 18, 2024, the SKH approved the 2023 financial reports for submission to the Tokyo Metropolitan Government and Shibuya Tax Office.
Tokyo Union Church Foundation, Inc.
The Tokyo Union Church Foundation, Inc. is a Delaware 501c (3) non-profit corporation (Tax number 51-6024083) and files a 990-PF tax return with the Internal Revenue Service yearly. It allows United States taxpayers to make tax deductible donations.
The 2024 officers were, John Mullins (Chairman), Russell Gesling (Vice Chairman), Brock McMunn (Secretary) and Joseph Dunkle (Treasurer). The term of office is three years and the Board receives no compensation.
The members of the Investment Committee are John Mullins, Russell Gesling, Joseph Dunkle, Karl Koschnitzke, Finance Ministry Team Elder, and Treasurer.