Leadership Workshop Series: Parish Finance 101 with Sara Philo and Tammy Mazure - Shared screen with speaker view
Who can see your viewing activity?
I'm Shelly Wood, from Trinity in Grand Ledge. I'm on Vestry and will be part of our fiscal review. I'll be turning my video off as my internet is unstable.
Hi, I'm Tony Jacobs - treasurer from St. Martin of Tours
Why do rector’s receive a W-2 instead of a 1099?
so a contract for cleaning and organ get a 1099
I recommend Payroll Plus for payroll and tax processing. They handle everything for employees except submissions to 403(b) retirement accounts (although they handle the paperwork for it) at a cost of $37/month + about $50 more for the W-2 processing.
Do clergy who receive only Housing Allowance get a W-2?
Do financial benchmarks exist as a model for budgeting?
Where can we find this document?
I would love it if there was a mailing list specific to Business and Administration issues - changes to Canons, etc
As a small parish, we are so grateful for the parish audit process. This is a wonderful resource from our dioceses. Thank you!
I have a question about Medicare
With it being a national plan, why are the rates so high?
If church doesn’t provide health insurance, will we be eligible for it from CPG when retired?
Good morning, saints! Thank you, Sara and Tammy! This is such helpful information overall. Thank you all for your leadership in stewarding the tangible assets entrusted to us so we can continue sharing the good news of Jesus! Good luck and deep breathes with parochial reports as we come to the wire. Bless you all!
Is the housing allowance considered income for the pension?
We recently moved funds into an investment fund. The original balance of the investment fund is shown as an asset on our balance sheet. How often should we record adjustments on the balance sheet and should we show the original balance with an additional account to record value change? Also, how to reflect these changes on P&L? Thanks.
Where do you get $30 interest on $1,000?
I have to leave the meeting. Thanks so much, all.
We have a (lay) licensed pastoral leader as our current minister. Is he allowed to declare a portion of his income as housing allowance?
Is it possible that you can send the powerpoint to each of us?
Thank you - this was very helpful!