OUR LADY QUEEN OF PEACE CATHOLIC CHURCH
ARTICLE I - Name
This organization shall be known as Our Lady Queen of Peace Finance Council.
ARTICLE II- Required Existence
The Code of Canon Law #537 mandates that every parish is to form and have in operation a
Parish Finance Council.
ARTICLE III - Mission Statement
Our mission is to provide advice and counsel to the Pastor, assisting him in the sound
financial operation of the parish. We seek to promote and maintain fiscal responsibility in
the administration of the parish through its many ministries. It is through communication
and cooperation among parish administrators and parish ministries that we are good
stewards of God's great gifts.
*Quarterly and Annual financial reports to the Bishop
*Accountings to the Christian faithful of the parish
*Long-term financial planning
*Financial reporting and other technological systems
*Acquisitions and sales of land
*Expenditures or projects in excess of $25,000
*Leases or other contractual arrangements that last more than one year
-Tax compliance and reporting
*Stewardship and other fund-raising matters
*Federal, State, and local regulatory matters
ARTICLE IV - Consultative Body
The Finance Council is a consultative body which makes recommendations to the Pastor to
aid him in the administration of the parish goods (all parish financial resources, buildings
and grounds). To be effective in its deliberations, the Finance Council may request financial
information and/or other reports and information from the parish staff.
ARTICLE V - Organization of the Council
The officers of the Finance Council will consist of a Chairperson, a Vice-Chairperson, and a
Secretary. The Finance Council will hold elections in June of each year to elect officers for
the next year. The terms of office for each officer will normally be for a period of one year.
The Chairperson will preside over the Council meetings and activities. The Secretary shall
attend each meeting and be responsible for taking and recording a complete and accurate
account of the meeting. Minutes of each meeting shall be approved by a majority of the
Council members in attendance at the following meeting. The elected Secretary shall be
responsible for correspondence written on behalf of the Council.
ARTICLE VI – Duties of the Chairperson, Vice-Chairperson and Secretary
Chairperson: The Chairperson shall establish a schedule for meetings, prepare and
distribute a meeting agenda and financial statements prior to each meeting.
Vice-Chairperson: Duties of the Chairperson in their absence.
Secretary: The Secretary shall attend each meeting and be responsible for taking and
recording a complete and accurate account of the meeting. The elected Secretary shall be
responsible for correspondence written on behalf of the Council. The Secretary shall keep a
record of the membership and their terms of office.
ARTICLE VII - Membership
Membership of the Finance Council shall consist of the Pastor and at least seven members
from the parish. The parish manager will act as an ex-officio non-voting member. New members
must be registered in Our Lady Queen of Peace and be in good standing. New members
of the Council, upon nomination by the Council itself, shall be appointed by the Pastor to
serve a three-year term. Terms shall be staggered to make certain that all members' terms
do not expire in the same year. Terms shall end June 30th of each year. Officer elections will
be held at a meeting before the fiscal year-end in June. After serving a full term Council
members may be reappointed for another year at the discretion of the Pastor. The Secretary
shall keep a record of the membership and their terms of office.
ARTICLE VIII- Addenda
Addenda to these by-laws may be necessary. After a review by the Council membership and
by a majority vote of the membership, addenda may attach to the By-laws. The Pastor must
approve all addenda. The Secretary of the Council shall maintain a file of the by-laws and
Adopted by vote of the Finance Council May 13, 2015.