11 STATE ST.

A PLACE TO CALL HOME

“Christ suffered for our sins once for all time. He never sinned, but he died for sinners to bring you safely home to God.” 1 Peter 3:18 (NLT)

HOME – more than just a building, home represents a place where the people of God can be with and experience the presence of God. For the past 12 years, 35 Olympia Ave. has served as an excellent home… a place for the people of God to gather to enjoy, encounter, and experience the presence of God together.

Pending occupancy, late Summer/early Fall, GENESIS will be moving into a NEW HOME – 11 State St. in Woburn. Unlike our two previous gathering spaces where we were ‘renters’, GENESIS has been afforded the blessing of working towards ownership of this home.

11 State St. will provide a larger home where we can care for the men, women, students, and children God has already entrusted to us. Thankfully, this new space will also allow us to WELCOME even more people, as God works through His church to help many more walk with Him.

We prayerfully invite you to consider how you can partner with us to ensure that GENESIS remains a thriving, healthy community where gospel ministry flourishes for generations to come. Below, we present the financial needs of GENESIS moving forward coupled with an invitation to part of all that God is doing with and through GENESIS.

Grateful to be on this amazing journey with you all!

You Are Loved!
Michael Davis, on behalf of GENESIS Elders

BY THE NUMBERS

MONTHLY BUILDING EXPENSES

11 STATE EXPENSES = ($93,000)
INCOME FROM LEASE = +$25,000
TOTAL (EXPENSE/INCOME) = ($68,000)
CURRENT FACILITIES BUDGET = +$34,000
MONTHLY GAP = ($34,000)

MONTHLY MINISTRY INCREASE

3 FT & 2 PT STAFF = ($28,000)
INCREASED MINISTRY EXPENSES = ($5,000)
MONTHLY TOTAL = ($33,000)

TOTAL MONTHLY EXPENSE INCREASE

TOTAL EXPENSES (BUILDING+MINISTRY) = ($67,000)
CURRENT AVG MONTHLY ABUNDANCE = +$21,000
MONTHLY GAP = ($46,000)

INCREASED MONTHLY GIVING GOAL = $46,000 per month

MONTHLY SUPPORT

OCCUPANCY & BUILDOUT

$1,800,000 - (Occupancy, Construction, & Future Building Improvements)
$550,000 – (Furnishings, Fixtures, & Equipment)
TOTAL = $2.35M
CURRENT AVAILABLE FUNDS = $850,000
GOAL TO BE RAISED = $1.5M

ONE-TIME GIFT FOR BUILD-OUT GOAL = $1.5 million

BUILDING FUND

"All whose hearts were stirred and whose spirits were moved came and brought their sacred offerings to the LORD... every man and woman who was eager to help in the work the LORD had given them through Moses—brought their gifts and gave them freely to the LORD." Exodus 35:21, 29 (NLT)

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Woburn