refinancing the reset home! By Lorie Goggin
When Reset Mentoring purchased the Reset Home we had to do so under my & my husband's name as Reset Mentoring, being so young, could not qualify for a loan. Consequently, for the last 6 months we have been trying and laboring diligently to get the Reset Home refinanced. Why did we need to refinance you ask? There were two main reasons:
1. Taxes! The refinance by the bank is part commercial loan and part personal loan which allows us to file the Reset Home completely under Reset Mentoring's name. This allows us to claim tax-exempt status for the Reset Home!
2. No more PMI Insurance!
These two things combined will save reset over $7,820.00 per year … Do you know what kind of things we could do with over $7,820.00 in savings?
In the first two years of savings, here’s what we hope to :
Ten Sunday Fun Day’s
Nine Teen Nights
Eight in Driver’s Ed
Seven Love Came Down Sponsors
Six Life Skill Classes
Five Mortgage Payments
Four Pay Checks*
Three Utilities
Two Teens in College
And Many Teens Who Meet One Jesus!
Did you sing that to the tune of 12 days of Christmas? I worked really hard on that so IF not, go back and read it again, it is way more fun that way! 😊
*Also, yes we know our staff needs a raise!
SO … Here is our BIG ASK!
Friday, December 20th, I received a call that we were approved for our refinance and that all I needed to do was have the board members sign a document, gather up my bank documents … OH, and bring two checks to closing on December 23rd.
Check One for $1,953.88 and Check Two for $6,548.11 (which we hope to get back once we submit for our tax exempt status – but we don’t know how long that will take!). OUCH!
We have the funds to cover this, but this will leave us with VERY little money to pay mortgage, utilities, food, or salary come January 1st!
We NEED your help – I know, it’s Christmas and End of Year. If you have it in your heart (or wallet) to make a donation directly through our website, it would mean A LOT. On top of this, every donation made will be MATCHED through a very generous donor so even just $25 could make such a difference! With every donation, this means we can cover everything on the chart above PLUS you get all of my gratitude and a Jesus well done! Pray for me that my faith will hold. The past 10 years has been one long exercise in faith – learning to hear from God and then standing in what He says even when it doesn’t “look right” or “seem possible.”
All anyone has to do is click on the link below to donate. It’s that easy! If you can, forward this to your circles of influence, business associates, friends, etc., who you think may be interested in partnering with Reset Mentoring.
Thank you all! I pray that you have a very Merry Christmas gathered around a manger to celebrate the Light of the World!
love came down at christmas
Saturday and Sunday, December 14 and 15, we hosted our annual Love Came Down events! Saturday's event was a beautiful celebration where teens were fed and given the opportunity to make gifts for their families! Our hearts are just SO full this Christmas season seeing the teens filled with joy and thanks!
Thank you to EVERY single person who made this event possible! From our teen adopters to our cooks to the volunteers who manned the gift booths! We could never have done it without you!
Our adopters: Mary Begin Spraggins, Tracy Tucker, Leyviana Spillane, Laura Hancock, Natalie Tucker, Melannie Bianco, Lori Waller Dillon, Lisa Judge Hammonds, Stephen Goggin, Dawn Grimm White, Christopher Martinez, Sharon Keyser-Harvey, Matthew Harvey, Maria Lopez Harrington, Valerie Renz, Karen Markins, Dorothy Shoemaker, Cindy Lenz, Lorrie Blackmon Townsend, Audra Erskine Tussing, Rose King, Lacie Burrow, and Michelle Hilton
Our volunteers: Ellie Shellenberger, Lonna Kelly, Catelin Alldredge, Kyleigh Brunson, Tyler Hutchens, Christopher Martinez, Cindy Nelson, Karen Markins, Vicki Larkin, Randy Smith, Carlos Guerrero, Karen Smith, Robert Smith, Jim Keck, Richelle, Malik Abdul-Khalif, Maria Harrington, Amanda Hadeen, Lisa Hammonds, Lorri Townsend, Cindy Lenz, Kurt Volkmer, Luis Collazo, and Rick Hamilton
Our Food Volunteers: Sharon Harvey, The Pit BBQ, Pam Lowthorp, Jen Stutz, Denise Mowatt, Laura Stewart, Valerie Gonzales, April Wiede, Rose Moss, Natalie Tucker, Anthony Hernandez Insurance, Ed Talley Real Estate, Maggie Jung, and Kurt Volkmer
Finally HUGE thanks to Jennifer Kreiter for decorating the community rooms into a beautiful candy wonderland!
merry Christmas!
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