If your church is planning outings, events, or camps that involve swimming, you’re taking on a fair amount of risk. In the United States, an average of 3,500 to 4,000 people drown every year — that’s an average of 10 fatal drownings per day. We talked with Eric Spacek, assistant vice president for Risk Control […]
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Church Executive: Just how big of an issue is employee theft in churches, really? Mike Nester: I wouldn’t say it’s one of the larger issues that our churches are dealing with, but it’s one of the easiest to work on. That said, we do see losses; we’ve had more than $1 million in claims […]
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By Rev. James Cook, CFP®, RICP® Becoming a homeowner is an important financial goal for many people and is viewed as a significant “step up the financial ladder.” But if you have never purchased a home before, the decisions and process can seem daunting. In this article, we will give a general overview of […]
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By RaeAnn Slaybaugh They say change is hard — but sometimes, it’s worth it. Such is the case at Immanuel Baptist Church, where leaders are discovering the benefits of outsourcing their accounting services: better oversight, increased efficiency, more transparency/accessibility, and cost savings. It was even instrumental in recovering nearly $200,000 in “lost” online gifts […]
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Churches desiring to employ an audit with respect to their financial operations may opt for various approaches depending on their size, scope, and complexity. By Mike Batts, CPA Audits are conducted by parties who are either external or internal to the church. Smaller churches use internal accountability processes typically performed by members of the churches’ […]
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By Eric Spacek April is National Child Abuse Prevention Month, making this a perfect time to review your organization’s policies and practices to protect children from sexual assault. With this in mind, we spoke with Eric Spacek, assistant vice president – Risk Control at Church Mutual Insurance Company, S.I.1, who outlines how organizations can help […]
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New federal law — a new pathway for restoration By Gregory Love & Kimberlee Norris, Guest Editors Countless churches, ministries and nonprofits are committed to the mission of rescuing men, women and children from the sex trade — particularly those being trafficked. After surmounting the extraordinary challenge of rescuing a victim from enslavement in […]
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3 coverage essentials to expect From Philadelphia Insurance Companies With more than 70 percent of the world’s population identifying as members of a religious community, it’s clear that religion plays a vital role in many people’s lives. As the heart of their spiritual (and many times physical) communities, religious organizations provide much more than […]
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Does my church really need them? From Thrivent Church Financing We talk to church leaders every day. Our team understands your concerns about meeting your ministry’s needs today and tomorrow. We’re going to set out to convince you that saving for a “rainy day” is being a good steward — and generous and wise […]
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By Sharon McDowell Your cell phone dings. It’s a text message from an unknown number. The message is from a service company warning that your account has been hacked and urging you to call them right away. The landline rings. The person on the other side of the line tells you the electricity is going […]
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