FINANCE Archives - Page 33 of 34 - Church Executive


Nation’s economic troubles worry some churches while others see a silver lining in downturn

How will the nation’s economic slowdown affect America’s churches? Even as there’s a softening of $4-plus gasoline, there still loom large layoffs, bottoming stock markets, rising food prices and home foreclosures.

Read More >
Share

Leadership Network Survey: Cause for optimism despite economic downturn

The news is mixed among larger churches surveyed about the impact of tough economic times on their congregations. The 105 large churches surveyed by Leadership Network this summer said they were minimally or not at all affected (56 percent) by the downturn in the economy, while 41 percent gave a somewhat negative and 3 percent said very negative to the question.

Read More >
Share

Churches depend on experienced lenders in uncertain economic climate

Just a year or two ago most Americans were feeling financially secure if not downright prosperous. Their homes were appreciating in value, the job market was strong and they were earning solid returns on their savings and investments.

Read More >
Share

Credit card use in churches can be good, bad or just plain ugly

Transactions are handled so differently now than in the past. Society has moved from coins to paper money, checks, and now electronic forms of payment such as credit cards or electronic funds transfers.

Read More >
Share

Church leaders must set the tone for effective internal control

As church congregations and budgets grow, the potential exposure to fraud and other illicit behavior grows as well. Larger churches would be well served to consider steps that other nonprofit entities have taken to tighten their internal control environments.

Read More >
Share

Receive funds for your church project at three points less

If you could finance your next large construction project at three points less than a commercial lender would ordinarily charge without additional risk or gimmickry, wouldn’t you do so?

Read More >
Share

How to secure project financing in an economic downturn

“It was the best of times, it was the worst of times … ,” wrote Charles Dickens in his classic, “A Tale of Two Cities.” You don’t need an advanced degree to see that these are difficult economic times. In spite of that, many churches around the country are still growing and looking for creative ways to manage that growth.

Read More >
Share

Could your church use a new car or vacation home?

Imagine that if on a typical Sunday your offering plate was loaded down with gifts of cars, boats, RVs, timeshares, jewelry, gold coins and stamp donations.

Read More >
Share

Turn trash into treasure to become better stewards

In their continuing efforts to be better stewards of the environment and the resources of their church, the leadership at Prestonwood Baptist Church in Plano, TX instituted a specific recycling program in 2007.

Read More >
Share

Leaders need to pay close attention to the final 403(b) regulations

The Internal Revenue Services (IRS) issued revised final regulations under Internal Revenue Code section 403(b) in July of 2007.

Read More >
Share