JOF Building Campaign
October 4, 2017
Dear North Wake Family,
A little over a decade ago, we prayerfully decided to build the worship center that we use each Sunday morning as well as our offices and adult classrooms (Bldgs. 5 & 6). The buildings house not only our Sunday morning ministries, but also are home to MOPS, teen MOPS, ESL classes, countless small group gatherings, HOPE counseling and so much more! Over these past 13 years these buildings have been a launch pad for dozens of missionaries, a handful of church plants, bunches of pastors sent out to serve other churches, and scores of people who have trusted Christ and followed Him in baptism! We are wearing these buildings out for the kingdom!
Each year, each one of us who calls North Wake home prayerfully seeks God concerning our part in paying off our facilities debt (we call it our "Journey of Faith" (JOF)). Last year our congregation committed to give $147,013 above and beyond our regular giving towards our remaining facilities debt. This December, as this year’s pledges expire, we find ourselves drawing very near to being debt free as a church! From an initial indebtedness of $2,500,000 only $325,000 remains! At our current rate of payment we can be debt free in 2 years or less!
At the close of this letter are some important numbers pertaining to this need. None of these numbers are more important to me than the percentage of North Wakers who participate. Ours is a church without great wealth, so the participation of each of us matters greatly. This is a responsibility we all must share in if we are to meet this important goal of being debt free in the next 2 years!
In the weeks ahead, you will be getting additional information on our JOF capital campaign. I do hope you will prayerfully consider what your part in this is as we trust God to continue to teach us to be gladly generous. When that day comes just 2 years from now, it's exciting to think about how God will use us!
Thankful for your partnership in all this,
the expectation of the wicked in wrath.
One gives freely, yet grows all the richer;
another withholds what he should give, and only suffers want.
Whoever brings blessing will be enriched,
and one who waters will himself be watered.
- Proverbs 11.23-25
Important JOF Stats:
- The current balance owed is roughly $355,000. We have paid off over $2,500,000 of the debt and are headed into the home stretch! At the present rate, we will be debt free in 2 years!
- Our monthly payments are $12,970. The interest portion averages $1,400 each month!
- Last year 195 families and singles pledged $191,028 towards our facilities debt! There are approximately 282 households that call North Wake home.