Elk River Lutheran Church-ELCA
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Appeal Major Tenants

3-YEAR CAPITAL APPEAL  2020-2022

This campaign offers us opportunity to finalize long-term building financing, make important facilities improvements, and simultaneously grow our mission to people. Starting in January, 2020, the capital/building fund will serve as the sole source for servicing our new mortgage (p and i)

CAPITAL APPEAL GOAL: $1 MILLION

$300,000 for servicing our mortgage for the next 36 months
  • Purchase our building from the ELCA Mission Investment Fund for $1.6 million. Apply $300,000 to the principal (which we presently hold in building fund savings). Mortgage: $1.3 million.
  • Begin servicing monthly mortgage payments (p and i) from capital fund proceeds. We estimate our monthly mortgage payments will be approximately $8,000 per month. For 36 months this will approximate $300,000. So the first $300,000 raised in this appeal will be dedicated to mortgage management.
$200,000  for sanctuary remodel/enhancements
  • Install stained glass window gifted to us by the ELCA in 2014.
  • Total replacement of current sound and video systems.
  • Rotate sanctuary 90 degrees to help provide a greater sense of community in worship and allow fellowship hall to better serve as overflow.
$100,000 for outdoor beautification and signage
  • Enhance front landscaping. Reconfigure signage.
  • Integrate new patio/gathering space into front landscape.
  • Reconfigure drive through front parking for easier drop off and pick up.
$100,000 for main entrance improvements
  • Construct large vestibule bump-out on east side to create a brighter, more spacious, more obvious and more welcoming front entrance.
$ 50,000 for deferred maintenance/facility reserve fund
  • Setting aside funds to tend to maintenance issues as they arise will assure that we can steward our facilities without negatively impacting our ministry to people.
$250,000 for additional principal buy-down
  • Making additional principal payments will allow us to more quickly eliminate our debt and free up additional dollars for ministry to people!
CAPITAL APPEAL HOME
APPEAL KEY DATES
ARCHITECTURAL RENDERINGS
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ERLC Facebook Page
ERLC Youtube Channel
  • Welcome
    • I'm New Here >
      • What we Believe
      • Our Story
    • Worship Times & Locations
    • ERLC Staff
    • LGBTQ+ Affirming >
      • Shower of Stoles Project
  • Worship
    • Sermons and Bulletins >
      • Binge the Bible
    • Baptism
    • Funerals
    • Podcasts
  • Give
  • LIFE Groups
  • Ministries
    • Children, Youth, and Family Ministry >
      • Confirmation High School Schedule
    • Adult Ministries
    • Caring Faith
    • Music Ministries
    • Mission Endowment Fund
  • Updates
    • ERLC Council >
      • Council Minutes and Annual Reports
    • ERLC Current Magazine
    • Calendar
    • Call Committee
    • Building Project Updates
    • Capital Appeal
  • Events
  • Contact Us
    • Prayer Requests
    • ERLC Staff
    • Forms >
      • Room Use Form
    • Elk River Lutheran "Powered By Love" Merchandise
    • Severe Weather Policy