FINANCE Archives - Page 9 of 55 - Church Executive


Taking teamwork to a new level

Kingsland Baptist Church’s second campus demonstrates the value and good stewardship of faith + community partnerships By RaeAnn Slaybaugh When building a new campus, what if the church wasn’t responsible for every piece of the puzzle? What if, to create their facilities, the church spent more time building relationships rather than raising funds? What if […]

Read More >
Share

Minimizing interest expense, maximizing ministry

A commitment to consistent financial stewardship — and the guidance of a like-hearted lending partner — enabled Blackhawk Church to set a course for debt elimination. By RaeAnn Slaybaugh For the finance team at Blackhawk Church in Madison, Wisc., solid financial stewardship is a priority. Led by Director of Accounting & Administration Jon Mueller and […]

Read More >
Share

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 […]

Read More >
Share

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 […]

Read More >
Share

A step-by-step guide to selling church property

Do your due diligence before entering a contract By Jodi Warren, Esq. As the real estate market heats up, some churches are contemplating selling their property to generate income to sustain their mission. The property or properties being sold might be the church’s primary location or additional property that no longer serves the organization’s purpose […]

Read More >
Share

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 […]

Read More >
Share

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 […]

Read More >
Share

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 […]

Read More >
Share

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 […]

Read More >
Share

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 […]

Read More >
Share

HTML Snippets Powered By : XYZScripts.com