By Colin Nass, CFP®, AEP®, RICP® You have been saving for retirement and your account has been growing steadily. Maybe your employer provides an annual matching contribution that has been a great incentive to build up your 403(b) or 401(k) retirement account — and with favorable interest rates and investments, it has turned into a […]
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Third-party ministry accounting, payroll services can be a Godsend for church leaders who are overwhelmed, uncertain — or both By RaeAnn Slaybaugh Change is hard — but does it need to be? Surprisingly, if we’re talking about outsourcing your church’s financial systems and processes, the answer is no. At least, that’s what these three […]
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Mountain Mission School provides an education and Christ-centered home for students from all over the world. Church Mutual Insurance Company’s specialized coverage helps them do it safely, year after year. By Dawn Bernatz Nestled in the mountains of Grundy, Va., Mountain Mission School (MMS) might look like a regular K-12 campus — but inside, it’s […]
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Consider these in-the-trenches, professional perspectives Church Executive: With interest rates as they are, is it still a good time to consider refinancing? Charity Kuehn: Every situation is a little different. There will be times when you’ll be forced to refinance during a higher-interest-rate environment because your loan comes due. If so, there are lots […]
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By Chris Lewis Over the last year, a dramatic shift in interest rates has served to stall a large portion of refinancing efforts. The difference in the rate a church is currently paying, and the existing market rates, is substantial in many cases. This is creating an appropriate pause in ministry refinancing because the […]
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Church Executive: How did CFX Expo get its start? Jim Wagner: Our company has produced events, educational series, and media products for churches for the last 15 years. The needs of the churches are so different than they were 15 years ago, or even 10 years ago. We felt it was important to create […]
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Documenting and preserving prevention and response efforts By Gregory Love & Kimberlee Norris In a recent sexual abuse case, church leaders were notified of an abuse allegation stemming from events in 2014 involving a 10-year-old girl and a church employee. The allegation, communicated by the child’s mother, was addressed by the executive pastor. The mother […]
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By Eric Spacek If your church is considering providing sanctuary to some of the immigrants who are entering into our country right now, you’re not alone — many churches and other mission-driven organizations have been pondering that, too. Here, Eric Spacek, Assistant Vice President — Risk Control with Church Mutual, answers a few of the […]
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PHLYTRAC Vehicle Telematics Program gives dynamic insights into driver behavior, vehicle stats, and more to help churches lower the risk of driver-related accidents. Church Executive: Tell us about PHLYTRAC. Andrew Shockey: We officially launched PHLYTRAC in 2016, but it was the result of about 10 years of efforts prior to that. As with many […]
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By Tom Lichtenberger, MBA, CPCU, AIC, AIM Dealing with the aftermath of significant storm or fire damage to your ministry’s property can be stressful and unsettling. Naturally, you’ll want to resume ministry activity as quickly as possible. One of your first calls should be to your insurance agent or insurance company. They can help get […]
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