Report of the Board of Directors of the Bible Fellowship Church

                  The Board of Directors of the Bible Fellowship Church met at four regular meetings throughout the year. It attended to the corporate business of the Bible Fellowship Church providing oversight of fiscal and legal affairs including a discussion on the Bible Fellowship Church and its mission.

                  Counsel and/or financial arrangements were duly taken care of for various churches and ministries as follows:

         Bangor, PA. . . . . . . . . . . . . . . . . . . . . . . . . Finances

         Church Extension Dept. Grant. . . . . . . . . . .Equipment for Office of Development

         Edison, NJ. . . . . . . . . . . . . . . . . . . . . . . . . . Loan repayment

         Requested certificates of insurance from church ministries

         Strategic planning recommendation. . . . . . .Committee to Study Annual Conference

         Finesville, NJ. . . . . . . . . . . . . . . . . . . . . . . .Title Transfer in process

         Somers Point, NJ. . . . . . . . . . . . . . . . . . . . . land acquisition in Egg Harbor, NJ

         Bible Fellowship Church Homes. . . . . . . . .  Established line of credit with Merchants Bank –

Sewer Connection Agreement with Korean Presbyterian Church

         Camden, DE. . . . . . . . . . . . . . . . . . . . . . . . Title Transfer

         Englishtown, NJ. . . . . . . . . . . . . . . . . . . . . .Counsel and recommendations

         We recommend that the 108th Annual Conference adopt the following:

1.      That payments from the Ministers’ Retirement Fund beginning October 1, 1991 be at the rate of $168.00 per year of service up to 40 years of service for which the retiree is eligible.

2.      That the rate of mileage reimbursement remain at $ 0.20 per mile.

3.      That the Administrative Budget for October 1, 1991 to September 30, 1992 be approved.

4.      That the Administrative Budget of $78,700.00 for October 1, 1992 to September 30, 1993 be approved.

5.               WHEREAS, there is a need to reprint the Faith and Order of the Bible Fellowship Church within a few years; and

WHEREAS, some revision is needed; therefore be it

RESOLVED, that we recommend to the 108th Annual Conference that all Boards, Committees of Annual Conference and each particular church review the Faith and Order of the Bible Fellowship Church and propose to the 109th Annual Conference changes they desire to have made.

         The Funds held by the Board of Directors of the Bible Fellowship Church are deposited with the Farmers First Bank of Lititz, PA. The accounts were audited by Walter A. Davis.

Board of Directors, Bible Fellowship Church: Jansen E. Hartman, President; Carl C. Cassel, Vice President; Harvey J. Fritz, Jr., Secretary; Horace A. Kauffman, Financial Secretary; Robert W. Gehret, Treasurer; James A. Beil, Hospitalization Secretary; Bert N. Brosius, Jay H. Fasnacht, L. James Roberts, Jr.