Marel Q1 2024 Investor Presentation from May 8, 2024
13 b. actuary budget with financial summary 2018
1. ANNUNCIATION HOLY CATHOLIC AND APOSTOLIC CHURCH
CARDINAL DR. ELIZABETH SAMANTHA ROTHSCHILD, PASTOR
EIN: 81-1735331
2018 SALARY AND WAGES EXPENSES
FOR INTERNAL REVENUE SERVICE TAX CREDIT AND DISTRIBUTION
Employees Postion
1 Pastor $ 54,000,000.00 $ 3,000,000.00
4 Staff Officers $ 48,000,000.00 $ 4,800,000.00
1 Chief Musician (2nd rate) $ 12,000,000.00 $ -
7 Associate Pastors $ 84,000,000.00 $ 8,400,000.00
1 Chorale $ 12,000,000.00 $ 1,200,000.00
12 Clergy $ 144,000,000.00 $ 14,400,000.00
Totals
27 Employees $354,000,000.00 $31,800,000.00
Individual Stipend Total Withholding
$ 12,000,000.00 10% $ 1,200,000.00 $ 637,200,000.00
Chief Musician 2nd Rate 100% N/A $ 12,000,000.00
Annual Salary
Assignment
Annual Salary
Allocation
Distribution Due
Quite certainly, the actuary salary assignment of the staff of officers, clergy, musicians, music
ministers, and other church officials is a very generous compensation; and by virtue by vows
of covenant with GOD as ministers of ANNUNCIATION HOLY CATHOLIC AND APOSTOLIC
CHURCH: with regard to the vow of charity specifically, the following allocations are made
thereof:
Wages
Appropriations
Allocation
Percentage
Wages stipends are appropriated at 10% of salary assignment, for individual stipend distribution of
$1,200,000.00 each; for a total allocation of $85,200,000.00, annually. The 90% of each salary
assignment at $10,800,000.00 for each of the 72 positions salaries at maximum capacity, totaling
$778,800,000.00
[SEVEN HUNDRED SEVENTY-EIGHT MILLION, EIGHT HUNDRED THOUSAND
DOLLARS
AND ZERO CENTS] will be distributed to the Federal Entity Department of Health and Human
Services, directly to the Divisions of Child Protective Services, as a contribution from
Annunciation Holy Catholic and Apostolic Church, to assist orphans and states wards.
![ANNUNCIATION HOLY CATHOLIC AND APOSTOLIC CHURCH
CARDINAL DR. ELIZABETH SAMANTHA ROTHSCHILD, PASTOR
EIN: 81-1735331
2018 SALARY AND WAGES EXPENSES
FOR INTERNAL REVENUE SERVICE TAX CREDIT AND DISTRIBUTION
Employees Postion
1 Pastor $ 54,000,000.00 $ 3,000,000.00
4 Staff Officers $ 48,000,000.00 $ 4,800,000.00
1 Chief Musician (2nd rate) $ 12,000,000.00 $ -
7 Associate Pastors $ 84,000,000.00 $ 8,400,000.00
1 Chorale $ 12,000,000.00 $ 1,200,000.00
12 Clergy $ 144,000,000.00 $ 14,400,000.00
Totals
27 Employees $354,000,000.00 $31,800,000.00
Individual Stipend Total Withholding
$ 12,000,000.00 10% $ 1,200,000.00 $ 637,200,000.00
Chief Musician 2nd Rate 100% N/A $ 12,000,000.00
Annual Salary
Assignment
Annual Salary
Allocation
Distribution Due
Quite certainly, the actuary salary assignment of the staff of officers, clergy, musicians, music
ministers, and other church officials is a very generous compensation; and by virtue by vows
of covenant with GOD as ministers of ANNUNCIATION HOLY CATHOLIC AND APOSTOLIC
CHURCH: with regard to the vow of charity specifically, the following allocations are made
thereof:
Wages
Appropriations
Allocation
Percentage
Wages stipends are appropriated at 10% of salary assignment, for individual stipend distribution of
$1,200,000.00 each; for a total allocation of $85,200,000.00, annually. The 90% of each salary
assignment at $10,800,000.00 for each of the 72 positions salaries at maximum capacity, totaling
$778,800,000.00
[SEVEN HUNDRED SEVENTY-EIGHT MILLION, EIGHT HUNDRED THOUSAND
DOLLARS
AND ZERO CENTS] will be distributed to the Federal Entity Department of Health and Human
Services, directly to the Divisions of Child Protective Services, as a contribution from
Annunciation Holy Catholic and Apostolic Church, to assist orphans and states wards.](https://image.slidesharecdn.com/13b-190711172300/85/13-b-actuary-budget-with-financial-summary-2018-1-320.jpg)
