The statistics on Americans and retirement planning are staggering. More than half of us do not know how much we will need to live a comfortable retirement, and 60 percent have saved less than $25,000. For clergy, the economics of retirement can be even more challenging.
In some ways, churches must run like businesses. However, houses of worship have specific needs that secular accounting software just can’t accommodate. In this insightful new eBook, ChMS expert Michael Jordan talks about those unique needs — and how the right ChMS meets them. Download this eBook now! And, keep an eye on your inbox for additional chapters, from giving / donation tools to first-time visitor engagement.
In a valuable new eBook, “Finances & Administration for Church Leaders” Rev. Dr. Sara Day, CFP®, examines the value of a pastoral relations committee — among the most effective methods for strengthening the lines of communication between the pastor and the congregation.
In today’s increasingly tech-savvy environment — in which so many people own smartphones and tablets and maintain a social media presence — there is a tendency to think that a smorgasbord of choices is desirable. This is not the case when it comes to the fund choices your church offers its employees in their 401(k) and 403(b) retirement plans.
This summer — at the National Association of Church Business Administration (NACBA) annual conference — Church Executive hosted a live roundtable on two top-of-mind topics for church leaders: lending and finance.
To approve a loan, the bank wants to know the project’s cost. But, to get the cost from a builder, you need a design. And to get a design, you need an architect. And to pay an architect, you need money from the bank!
So, who do you call first? And does it matter which builder, architect or bank you call?
On July 15, 2014 — at the National Association of Church Business Administration (NACBA) annual conference — Church Executive hosted a live roundtable on two top-of-mind topics for church leaders: lending and finance.
Positioning your church as a solid lending prospect starts today. Here’s how.
It makes sense to enlist next-generation giving tools for projects of all sizes.
By Dan Mikes Contrary to popular belief, it isn’t all about “the numbers” for lenders. Leadership and process are equally important when contemplating the relationship opportunity. Whether your religious institution is contemplating an on-site physical expansion, the acquisition of a satellite facility, or seeking a beneficial refinance of existing debt, knowing how to prepare and […]