Finance Topics


SBA PPP Update

Ross Williams

April 06, 2020

Dear Treasurers and Finance Chairs (cc: to Pastors), The situation surrounding the Paycheck Protection Program (PPP) loans offered by the Small Business Administration (SBA) continues to evolve on a daily basis. Here are some updates: We have created a sample form as an example of how churches should complete the application.  Please see the document titled "SamplePPPApplication" at the bottom of this e-mail. It is best if the church applies through a bank where they already have an account if ...


Updated CARES Act FAQ

Ross Williams

April 02, 2020

Dear Treasurers and Finance Chairs (copy to Pastors), I've been receiving a lot of questions about the CARES Act and how the provisions can be taken advantage of by our member churches. Please see a newly updated "Frequently Asked Questions" document at the bottom of this e-mail. This document was prepared by the General Council on Finance & Administration of the UMC and contains specific guidance for our churches.  A couple points I'd like to mention related to the Paycheck Protection Program: ...


Free Money! SBA Payroll Protection Program

Ross Williams

April 01, 2020

Dear Treasurers and Finance Chairs (cc: to Pastors)   Information is beginning to become available on loans and grants for the “Paycheck Protection Program” issued by the Small Business Administration.  If done correctly, this Act can result in a grant equal to 2.5 months of payroll that does not need to be repaid! Please see the information below as well as the attached files: PPPOverview - Overview of the Paycheck Protection Program. PPPFAQ - "Frequently Asked Questions" document on the ...


CARES and FFCR Acts Summaries

Ross Williams

March 31, 2020

Dear Treasurers, Finance chairs and Pastors, Please see information below on two acts that were recently signed into law in response to the COVID-19 pandemic.  At the bottom of this e-mail you will find links to additional summaries of these acts. To register for a free Webinar for churches on the CARES Act, being held Thursday, April 2nd at 12:00 noon click here The Coronavirus Aid, Relief, and Economic Security Act (CARES) creates new small business lending programs, including for non-profits;...


More Information on Electronic Giving

Ross Williams

March 25, 2020

Dear Treasurers, Finance Chairs and Pastors, More and more resources are being made available to churches with regard to Electronic Giving. Here are some updates: On Thursday, March 26th (tomorrow), Servant Keeper, a ministry partner of the UMC, will provide a webinar at 2:00pm EDT.  The webinar, “eGiving During Virtual Ministry,” will focus on answering questions on e-giving and the local church.  To register for this webinar, click here. If you were unable to join the webinar hosted by ...


Financial Relief for Church Benefit Obligations

Ross Williams

March 25, 2020

Dear Treasurers, Finance Chairs and Pastors, We have received many questions lately about how the Conference can assist our churches in this time of crisis and great uncertainty.     Please read what follows on the topics of apportionments, pastoral salaries and a two-month waiver of church benefit billings.  Please know that the conference staff continues it's mission to support our member churches.  While we are working "virtually" you may reach out to us at our normal office phone numbers and...


Workers' Compensation Submission Due by February 28th

Ross Williams

March 25, 2020

Dear Treasurers, Finance Chairs and Preschools (copy to Pastors): (This communication is also being sent via U.S. mail to ensure receipt) As you may know, the Conference uses an online collection system for payroll data, which streamlines the process of issuing accurate bills for Workers' Compensation insurance.  It is now time for churches, charges, parishes and church-controlled schools, nurseries and camps to report their final 2019 wages by February 28th using this system.  Even if you have ...


Ideas for Church Financial Leaders Amid the COVID-19 Crisis

Ross Williams

March 21, 2020

Dear Treasurers, Finance Chairs and Pastors, Please see some tips below to help sustain the church and its ministries in the face of interruptions caused by the COVID-19 virus.  Some of this content is from Ken Sloane of Discipleship Ministries.  During this time of great uncertainty and hardship, we walk along side you, exploring ways that the Conference can assist in any and all ways possible.    Sincerly,  Ross 1. Electronic Giving If you have not already set the church up for people to give ...


Discounted Software for Not-for-profits

Ross Williams

February 26, 2020

Dear Treasurers and Finance Chairs (copy to Pastors), I want to let you know about the opportunity to purchase computer software for your church at steeply discounted prices through a Not-for-profit organization called "TechSoup" (yes, it's a very strange name). In my spare time I handle the accounting for a Not-for-profit charitable organization and a few years ago I purchased QuickBooks for only $19.00 through TechSoup.  The prices through TechSoup represent savings of hundreds of dollars over...


Annual Audits

Ross Williams

February 04, 2020

Dear Finance Chairs (copy to Pastors and Treasurers) The Finance Committee is responsible for ensuring that all financial books, records and bank accounts undergo an annual audit. This is required by The Book of Discipline, the governing document of our denomination (see excerpt at end of e-mail).  Included in the audit (or audited separately) must be the transactions of the church's operating account, Board of Trustees, Preschool (if controlled by the church), Memorial Funds, Endowment Funds, ...


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