Harvey Cedars Financial Commitment

Under the leadership of Al Oldham, Harvey Cedars was able to survive a financial crisis in the 1950s and '60s. Al made a commitment to the Lord to pay off the debts the Conference incurred, and having done so, never to go into debt again. Boards of Trustees over the years have since held on to that commitment. There is a careful and prayerful approach to moving into any capital campaign or expenditure that might jeopardize the financial state of the Conference. God has also honored that commitment. Many projects have been completed under the CAFRA permits that looked daunting. However, God’s people have supported each project, making our campus the beautiful, useful, inspiring place it is today.

Watching over HCBC’s investments, budget income, and expenditures, and being responsive to oversight of the Conference resources is a major part of the Board’s responsibility. HCBC uses an outside auditor each year to review its financial standing and being affiliated with the Evangelical Council for Financial Accountability has given credence to that standing. Charity Navigator also has posted an excellent rating for HCBC. There is another organization which evaluates how organizations and nonprofits match their spending with the stated goals of the organization. Charity Watch also rates HCBC high in that regard. God’s faithfulness is evident over the years.

The financial support of hundreds of HCBC’s friends has kept the Conference growing and moving forward. The faithfulness and careful work of the Boards of Trustees has contributed to HCBC being a place "where Christ finds people and changes lives.”