Churches going under?
No, just foreclosures.
Why? Not serving enough.. PEOPLE.
before you stone me!!! Wait hear me out.
If you take out huge mortgages on buildings hoping the church goers can pay it back, its not a good idea.
the last leg of the foreclosures from the housing bubble are here. CHURCHES.
FROM THE ARTICLE HERE.
The highest percentage have occurred in some of the states hardest hit by the home foreclosure crisis: California, Georgia, Florida and Michigan.
“Churches are among the final institutions to get foreclosed upon because banks have not wanted to look like they are being heavy handed with the churches,” said Scott Rolfs, managing director of Religious and Education finance at the investment bank Ziegler.
Church defaults differ from residential foreclosures. Most of the loans in question are not 30-year mortgages but rather commercial loans that typically mature after just five years when the full balance becomes due immediately.
How to TURN THE TIDE.
2. ELEMENTARY SCHOOL
3. PRIVATE SCHOOL
4. ADULT ELDER DAY CARE.
Because these ideas serve people and the local community. Gives back without drowning in loans. Already a non profit now hire some day care workers.
Next level, find school administers and turn Sunday school rooms into class rooms.
Next level, Find a Director who can head a private school of minimum 50 -100 students depending on size of church.
50 students $100-$1000= $5000-$50,000 a month. Unless you take some kind of local funding or fund raising. NOW I know there is so much more to it than this basic number, but these buildings most help more people. Serving more people is how “companies” make money.
Best? Adult Day Care. Activities for older adults who can have someone watch over them during the day hours when their normal care takers are at work.
Catholic churches (catholic charities) were schools, hospitals, daycare, etc. People joined in community around those buildings, people and activities.
I want more places of worship to stay and be helpful to the communities around them. I have seen many black and Latino churches in the middle of “run down” neighborhoods, or “crime ridden” neighborhoods BUT COMPLETELY closed Monday- Saturday. This is wasteful and not representative of catholic churches some who are open all during the week. I know I am making a complex issue simple but serve more, get more.