Measuring ministry activities
Measuring and exploring key performance indicators (KPIs) for your ministry can help in the navigation of both risks and opportunities.
Read More >money Archives - Church Executive
Challenge to clergy tax break clears hurdle
By Bob Allen A ministerial housing allowance provision that saves U.S. ministers an estimated $1.2 billion annually in tax exemptions is unfair to other taxpayers not entitled to the same benefit, according to a 2011 lawsuit by the Freedom From Religion Foundation. A Wisconsin judge has given a green light to a lawsuit challenging a […]
Read More >Leadership systems are in motion in large churches
Every leadership system has a capacity limit, a point beyond which it can no longer effectively function. When the activity level of the congregation significantly increases or decreases, leadership systems hit their limits. A senior clergyperson assumes a particular leadership role that is highly effective in a church with weekend worship attendance of 700. The clergyperson is surprised to discover that the leadership role begins losing its effectiveness when the church adds an additional worship service and now hosts 850 in weekend worship.
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No retirement savings at age 55? Here’s what you can do
If you’re not confident about your financial situation at retirement age, you’re not alone. According to the latest research from the Employee Benefit Research Institute, retirement confidence is at an all-time low. Only 13 percent of workers reported a high confidence about their financial future.
Read More >Historic preservation with the church can be a two-edged sword
In reaction to the loss of historically significant buildings within larger metropolitan areas in the 1950s, communities throughout the nation adopted historic preservation zoning codes to provide for the legal authority to designate and prevent the demolition or destruction of buildings considered valuable to the community as a whole.
Read More >Can a Health Savings Account save your church big bucks?
At an employee meeting in 2007, church accountant Kathy Warren and pastor of operations Bob Darden faced what felt like a mutiny. After considerable research and comparative analysis from Darden and Warren, the personnel committee at Bell Shoals Baptist Church, Brandon, FL, had decided to move to a consumer-directed, high deductible health plan with a Health Savings Account (HSA).
Read More >Manage expansion uncertainty
Last month we held our Grand Opening and Dedication Service for our new expanded and renovated facility. In early 2008, we made the decision to move forward with an $8 million construction project even as the signs of recession were popping up everywhere.
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