budgeting Archives - Page 6 of 24 - Church Executive


Content is king, but how can you lower your cost to create and store it?

By Philip Grossman The old adage “Content is king” is truer today than ever. If a picture is worth a thousand words, then 1 minute of video at 30 frames per second is worth 30,000 words.  But, what is the cost of content? More importantly, is there a way to reduce that cost?  Yes, there […]

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Doing “Kingdom business” the right way

Backed by a team with financial finesse — plus, a church-centric banking partner — Odell Dickerson, Jr., and New Psalmist are enjoying streamlined processes, savings By RaeAnn Slaybaugh Maybe you were familiar with Odell Dickerson Jr., before you saw him on our cover.   As one of the country’s most sought-after consultants and keynote speakers […]

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Financially fit to build?

By Rodney C. James Any church that has a God-given vision to advance the Kingdom should be anticipating facility growth in their future, whether expansion, renovation, or new facilities. The question is not a matter of if, but when. So, since we will need a facility project of some type in the months or weeks […]

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Employee Retention Credits (ERC) & COVID stimulus for churches

After struggling with the emotional and financial impacts of an international pandemic for over a year, churches and nonprofits are turning their attention to the Employee Retention Credit (ERC) for additional help and support. The Employee Retention Credit, under the CARES Act, encourages businesses to keep employees on their payroll by providing a tax credit […]

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Translating the vision into reality

Architects and a pastor discuss the nuances of making an intangible dream come true when it comes to church facilities Church leaders typically refer to their building projects in terms of “vision.” Why is it so important for an architect to understand this language?   Bruce Woody: It’s important that the architect understand the vision […]

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Lending, interrupted(?)

A long-time church lending expert talks about how churches navigated COVID-era financing challenges — and the lessons they’ll carry forward. Tell me about WatersEdge and your history with the company.  Jerry Vaughan: WatersEdge Ministry Services (formerly The Baptist Foundation of Oklahoma) has been making loans to churches since 1953. Personally, I’ve been here almost 21 […]

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Collaboration is key

One of the most challenging aspects of growth in a church can be the preparation and coordination of balancing space needs with financial means. After all, the physical building can mean so much to your church family. You want to have a certain feeling when you walk in the building. You want the building to […]

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The lending landscape in 2021

Though I’ve been blessed to work with churches for more than two decades, I learned a long time ago: never say “I’ve seen it all.”  The past year is the perfect example of why. Without a doubt, 2021 provided us with new and unique challenges — but it also confirmed some emerging trends and some […]

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Taking stock of your life insurance

By Alina Parizianu, CFP®, MBA, RICP® Most people don’t like to think about life insurance coverage.  However, in the event of your death, having it can mean your family will be taken care of financially. Proper life insurance coverage can eliminate concerns about money and finances as loved ones grieve your death. Even modest funerals […]

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Thinking outside the “big box”

  With an open mind and a big vision as its foundation, Winners Chapel International Maryland is a totally reimagined space that ticks all the boxes — and comes in under budget. By RaeAnn Slaybaugh With locations all over the world, including Europe and Africa — notably including Canaanland in Ota, Ogun State, Nigeria, which […]

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