The Financial Four -- January 17, 2017

Today, the latest edition of The Financial Four, an update from our Interim Director of Finance, Missy Sue Mastel.

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Happy Secular New Year!

I think we're especially fortunate to have two New Year celebrations; I use one for my spiritual health and the other for my (and incidentally, the synagogue’s) financial well-being. Some people say spirituality and financial considerations shouldn’t mix. Don’t believe that for a second; they are inextricably tied together. At the synagogue, like everywhere else, you get what you pay for – we commit to supporting our synagogue and the synagogue is there when we need and want it.

A lot has happened in a few short weeks since my last post. So, with no further ado, let's look at our recent progress.

1. Commitment to Cash Flow – While we continue our bold push to create a sustained culture of giving, we are well on our way to making our projections for the year, coming in at or below budget on our expenses. This good news is a direct result of...

2. Our Commitment to Savings – Many of our Board members and volunteers have come up with great ideas to help us save money. We are investing in programming changes for our synagogue database, our telephone systems, and our postage and copying contracts in order to create more sustainable long-term cost structures. Some of you may have noticed some of our customer relationship management (CRM) changes, and may have experienced a glitch here and there. We are grateful for your patience and understanding as we work through these systemic changes and get everything working correctly while we continue to do our job of keeping your financials accurate and up to date.

3. Commitment to Staff and the Environment – So many people came to tell us how wonderful the High Holy Days services were at CBS, and many felt this was because of the hard work of our staff. We agree, so we have reworked our staff benefits to include Commuterchecks and Flexible Spending Account (FSA) benefits for anyone who opts in. We also scheduled some lovely back massages for the hardworking CBS Family Preschool and office staff just before our wonderful Light It Up! Community Hanukkah celebration.

4. Commitment to the Community – We all know that Beth Sholom is not an island, and we have been making a lot of plans to partner and work with other synagogues. Here, in the financial office, we are forging a CRM redesign for use by other congregations in the Bay Area. We thank Congregation Emanu-El and Peninsula Temple Beth El (San Mateo) for encouraging us to "boldly go where (few) synagogues have gone before." Stay tuned for exciting updates on that front!

Finally, thanks to you, our members, who give all of our commitments – and your commitments to us – meaning and purpose.

L’shalom,
Missy Sue

The Financial Four -- November 30, 2016

Today, the latest edition of The Financial Four, an update from our Interim Director of Finance, Missy Sue Mastel.

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Miss me?

Well, not to worry; things have been hopping around the synagogue, so much so that I haven’t had a moment to do my favorite part of the job – updating YOU, our generous community! But there's lots of good news to share, so let's get to it.

1. Our 2015-16 financials are in the bag. – Closing out the year presented a few challenges, but we were able to get our financials done and through the audit by September; a noble timeframe. The auditors were happy, the bank was happy, and the financials are available to anyone who wants to see them.

2. An unbelievable High Holiday season. – There is very little we could do without you, but this is particularly true of the High Holy Days. The services at CBS this year – joyous, moving, meaningful – were successful because of you. Now, following the High Holiday season, I’m in the fortunate position of seeing just how much you value our services and community experiences: $748,000 in membership dues, $238,000 in Kol Nidre pledges, and more and more of you coming to events all the time! Speaking of...

3. All the ways we celebrate together. – The Americana Jam Band Kabbalat Shabbat was packed this past Friday evening with congregants and amazing performers. The upcoming Hanukkah celebration (Light It Up!, December 15), our b'nai mitzvah and birthday celebrations (mazel tov on your 85th, Norm!), the December 6 new member event, which looks like it is officially "sold out" — all of these are ways we use the synagogue to connect as a community. CBS is not just charity that its members support. CBS is a place to see and rejoice with people we love to see and rejoice with.

4. But, yes, it is ALSO a charity. – We are doing some amazing things with the money you generously donate: we are focusing on improving efficiencies and workflows; finding better ways to engage you, our prized members; and utilizing technology that is creating a better customer experience. Starting this month, a select group of you will be receiving membership statements via email. In the next few months, we will be enabling powerful systems to allow you to make donations from wherever you are. Just imagine it – you see something happening in your world, and CBS can be an instantaneous part of your reaction. You can learn more about it by registering for a class, or you can make a donation that will help combat anti-Semitism, enable a community Israel opportunity, or sponsor a child’s Jewish heritage – all of this while you're on the go, boarding at an airport, in a ride share, or between meetings. We want to be wherever you are.

So...on that note, no need to miss me too much! Stop by the synagogue any time, and let’s discuss all the ways that you and I can make this place sing!

L’shalom,
Missy Sue