To accomplish this, Brad had to create a new development model. One that would allow churches to build the facilities they need, yet keep the ministry debt free. This is accomplished by modifying the typical church corporate structure and developing alternate “economic engines” that incur the debt, make the payments and keep the ministry debt free, while allowing the church full use of the facilities.
These “economic engines” have proven themselves over the last 30 years and have completely paid for church facilities in the past. This allows the church to spend their money on what matters the most (people and programs) while staying focused and on mission.
While there is a long list of economic engines to choose from, the main enterprises consist of child-care, mini storage, wedding centers, event centers, commercial kitchens and more. Oaster Development partners with industry leaders in each field to develop and operate profitable businesses that exist to provide Christian ministries with the facilities they need.
Now you can have the church facility of your dreams with out the heavy mortgage that typically accompanies the building! And Dave Ramsey won’t be mad at Brad for putting your ministry into debt!!!!