By Alex Kim, CFP®, MBA, CPA Accidents happen. We’ve all heard it. We all know it. Yet, when it comes to accidents, injuries, or illnesses that sideline someone from work, many people think they only happen to someone else. Disability insurance replaces part of your salary if a disability temporarily keeps you from performing your […]
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By Matthew D. Hoffman, CFP®, ChFC® If you become incapacitated by either illness or injury, who will make your decisions? This is something that we don’t normally think about, especially if we are young and healthy. But even though it might be a bit unsettling to picture yourself becoming incapacitated, it is a stark reality, […]
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After much political drama, the Consolidated Appropriations Act of 2021 (CAA) has been approved by Congress and signed by the President. It includes $284 billion dollars for a second round of Paycheck Protection Program (PPP) Loans for which churches and nonprofits are eligible to apply through participating banks. Your banker might be slow to begin […]
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By Amy Manderscheid Before she started working for StartCHURCH, Angela worked in various accounting jobs. Now, she is one of our dedicated bookkeepers. One day, while reconciling accounts for one of the churches she works with, she noticed something off in the numbers. She quickly discovered the church was being charged $600 a month for […]
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With preparation, persistence and wise collaboration, Bridgeway is saving $450,000+ in yearly interest — even amid a pandemic By RaeAnn Slaybaugh Heidi Coughran has spent most of her career in church operations. She says it’s “exactly my wheelhouse.” So, when the opportunity arose in 2015 to join the staff at her beloved home church — […]
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By James R. Cook, CFP®, RICP® Before you devise an investment strategy, define your goal. Are you saving for retirement, to purchase a home, to fund your child(ren)’s education or something else? In this article, we will focus on saving for retirement. Risk tolerance and risk capacity When investing for retirement, consider your risk tolerance […]
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Flexibility — and familiarity — in financing ensure one church’s buy/renovate/build expansion project is a smooth operation By RaeAnn Slaybaugh Recently, Northridge Church in Rochester, NY, found itself in a unique position. To accommodate growth, it would need to buy, renovate and build. It was a different project than the church’s 2008 sanctuary build-out — […]
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By RaeAnn Slaybaugh A Florida church’s design proves big impact is possible on a budget For Westside Family Worship Center in Jacksonville, Fla., everything changed overnight. Always a strong military community, the closure of a nearby Navy base meant the church immediately lost 60 families. Meanwhile, left empty, multiple mobile parks across the street from […]
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By Troy Pollock COVID-19 has forced churches across the nation to transition to a digital-first strategy to engage their congregations. However, in meeting with some of today’s leading churches and discussing the implementation of technology, one of the biggest pain points they communicate is the lack of seamless integration between their systems and tools. In […]
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Pushpay, the leading payments and engagement provider to the US faith sector, today announces ChurchStaq™, an all-inclusive suite of end-to-end engagement solutions including a comprehensive church management system (ChMS), mobile app, donor management and giving solution, to help churches know, grow, and keep their people. Today, ChurchStaq™ combines Pushpay’s giving and app solutions with Church […]
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