LEGAL Archives - Page 5 of 28 - Church Executive


Preparing to build?

3 strategies that will take you from start to success By Jeremy Moore Your church has not only survived a pandemic, but it’s actually growing — how amazing! As a church family, you’ve emerged from an incredibly disruptive and uncertain season and now find yourselves needing to build or expand.  If this scenario resonates, you’re […]

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Fueling fantastic growth

At one of the fastest-growing churches in America, a favorable refinancing agreement is essential for propelling ministry forward. By RaeAnn Slaybaugh When Greg Petz and his wife, Donna, moved to San Antonio in 1996, they found their church home — Westover Hills — even before their physical home.  The Petzes’ dedication to Westover grew along […]

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Financial strategies for your church

By Rev. Dr. Perry J. Hopper, MBA After two years of doing ministry and worshipping with the uncertainty of the pandemic, most churches have returned to in-person worship.  Church attendance at mainline churches had been experiencing a steady decline before the pandemic, and that has been exacerbated because churches were forced to worship online for […]

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Abuse prevention policies and procedures

  What is the insurance carrier looking for? Abuse claims have become increasingly frequent and highly publicized. Expansion of statutes of limitations has resulted in insurance carriers defending claims from activity alleged to have happened decades ago. As a result, insurance carriers are asking for more documentation to allow the carrier to better defend against […]

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Understanding mandatory reporter requirements

  As a church leader, you would, of course, be horrified to learn that someone in your congregation is suspected of abusing or mistreating a child.  But are you required by law to report this abuse to the authorities?  At what point does clergy confidentiality prevent you or the pastors at your church from reporting […]

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Responding to abuse takes expert help

It’s the call no ministry leader wants to get — that a church employee or volunteer has been accused of sexually abusing a child. Unfortunately, predators see churches as an easy target. That’s why it’s important to acknowledge and plan for the possibility that child sexual abuse could happen at your ministry. Your insurance company […]

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Every sexual abuse crisis impacts the Church

By Gregory Love & Kimberlee Norris Every year, it seems a particular organization or entity is embroiled in a sexual abuse crisis: the Catholic Church, USA Swimming, Penn State University, USA Gymnastics/Michigan State University, Hillsong Church, Ravi Zacharias Ministries, Boy Scouts of America… and the list goes on.   This year, headlines are swirling around […]

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FRAUD PREVENTION: Do you have the right internal controls in place to protect your church?

Church Executive: Are churches typically easy targets for fraud? Sarah Barham: Yes, because typically one person is responsible for completing all financial responsibilities from beginning to end. This means one person opens the mail to review invoices, sets up vendors in the accounting software, writes the checks, reconciles the bank accounts, and produces financial reports. […]

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Refinancing in a rising-rate environment

For the past 14 years, we’ve been experiencing near-historic low rates, and it appears those days might soon be gone as rates have risen over the past several months.  The wonderful news? Many churches were able to take advantage of the low rates either by refinancing, purchasing a new property, or renovating or building a […]

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Show me the money! Borrowing-capacity tips for churches

Before you talk with any lending group, your church will need to fully understand the ups and downs of its last three years of financial statements. Church lenders will always focus on undesignated income, cash flow, debt and equity trends.  The first thing churches really want to know, however, is their borrowing capacity. Determining this […]

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