The Vietnam Believer Newsletter_May 13th, 2024_ENVol. 007.pdf
33a. 2017 year balance sheet
1. ANNUNCIATION HOLY CATHOLIC AND APOSTOLIC CHURCH
CARDINAL DR. ELIZABETH SAMANTHA ROTHSCHILD, PASTOR
2017 YEAR BALANCE SHEET
PRIOR YEARS (2014 – 2016) TAX CREDIT IN HOLDING OF THE UNITED STATES TREASURY
via THE INTERNAL REVENUE SERVICES: $95,999,150.00
ANNUAL SALARIES TAX CREDIT 2017: $252,000,000.00 [TWO HUNDRED FIFTY-TWO
MILLION DOLLARS AND ZERO CENTS
to be allocated to the Department of Health and Human Services Child Protective Services upon
receipt: $184,800,000.00 [ONE HUNDRED EIGHTY-FOUR MILLION, EIGHT HUNDRED
THOUSAND DOLLARS AND ZERO CENTS]
to be allocated purchases of United States Treasury Savings Bonds upon receipt:
$11,400,000.00 [ELEVEN MILLION, FOUR HUNDRED THOUSAND DOLLARS AND ZERO
CENTS]
to be allocated to the collateral account of Annunciation Holy Catholic and Apostolic Church
Treasury Savings upon receipt: $33,600,000.00 [THIRTY-THREE MILLION, SIX HUNDRED
THOUSAND DOLLARS AND ZERO CENTS]
to be allocated to salaries and wages stipends payroll disbursement upon receipt:
$22,200,000.00 [TWENTY-TWO MILLION, TWO HUNDRED THOUSAND DOLLARS AND
ZERO CENTS]
2017 YEAR-TO-DATE TOTAL TAX CREDIT IN HOLDING IN THE UNITED STATES
TREASURY via THE INTERNAL REVENUE SERVICE: $347,999,150.00 [THREE
HUNDRED FORTY-SEVEN MILLION, NINE HUNDRED NINETY-NINE THOUSAND, ONE
HUNDRED FIFTY DOLLARS AND ZERO CENTS]