Business Activity Archives - Page 9 of 19 - Church Executive


Elder fraud: What I learned from helping my parents recover from financial fraud

By Anonymous “When I called the next day to check in, my father said that the retailer was running into issues refunding the money for the unauthorized purchase on his account. The fraud department wanted him to purchase a VISA gift card that they could load the money on to send him his refund faster.  […]

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

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

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

Thinking outside the “big box”

  With an open mind and a big vision as its foundation, Winners Chapel International Maryland is a totally reimagined space that ticks all the boxes — and comes in under budget. By RaeAnn Slaybaugh With locations all over the world, including Europe and Africa — notably including Canaanland in Ota, Ogun State, Nigeria, which […]

Read More >
Share

Disability insurance: the forgotten safety net

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 […]

Read More >
Share

The Employee Retention Credit: an overview for ministries

By Mark Landrigan, CPA Nonprofit churches, schools, colleges, camps and ministries are among those who could benefit from a payroll tax credit that offers financial relief during the coronavirus pandemic. Here is an overview of the federal Employee Retention Credit, its eligibility requirements, and how to claim the credit. What is the ERC? The Employee […]

Read More >
Share

A house built on sand: 5 hidden exposures for churches

Save your parish from common, costly claims with proper preparation and protection By Shawn Yingling The historic events of the past 12 months have deeply impacted religious organizations everywhere. Chances are, you’ve had to find new ways to share scripture while social distancing, learn how respond to an increasing need for community assistance, and adapt […]

Read More >
Share

Who will make your decisions if you are medically incapacitated?

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, […]

Read More >
Share

What the second round of PPP loans means for churches — and how to secure funding

  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 […]

Read More >
Share

HTML Snippets Powered By : XYZScripts.com