Finance Topics


IRS Mileage Rate for 2021

Ross Williams

January 04, 2021

Dear Pastors and Treasurers, The Internal Revenue Service recently issued the 2021 standard mileage rates used to calculate the deductible costs of operating an automobile for business or charitable purposes. Beginning on January 1, 2021, the standard mileage rates will be: 56.0 cents per mile for business miles driven down from 57.5 cents in 2020.  This rate represents the maximum an organization can reimburse an employee without the reimbursement being treated as taxable income. 14.0 cents ...


Free Webinar: Stewardship & Finance

Ross Williams

December 30, 2020

Dear Pastors, Stewardship Chairs, Finance Chairs and Treasurers, Please see information below on a free Webinar that is being held next Tuesday, January 5th at 7:30 (EST).  Sincerely,  Ross From Discipleship Ministries of the UMC: We start each new year with this updated webinar that is focused on the new member of the stewardship team, finance committee, or church council – those who are looking to get started right from the first week! We will include situations rising from the pandemic ...


Second Round of SBA PPP Funding

Ross Williams

December 30, 2020

Dear Pastors, Treasurers, Finance Chairs and Church Council Chairs, Happy New Year! By now I'm sure you have heard of the new Covid-19 relief package that was recently approved by Congress and signed by the President.   It includes $284 billion dollars for a second round of Paycheck Protection Program (PPP) Loans that churches and nonprofits are eligible to apply for.  The Small Business Administration has 10 days to issue regulations related to the new application process.  When the SBA issues...


UMC Support Ministry Resource Guide

Ross Williams

December 21, 2020

Dear Treasurers, Finance Chairs and Pastors, UMC Support has created a Ministry Resource Guide filled with opportunities for you and the ministries you work with to find vetted and trusted partners who offer administrative solutions, discounted PPE, facility repair resources, and digital engagement tools. You can access the guide by clicking here. I wish you all a very Merry Christmas and a safe and healthy New Year! Sincerely, Ross


Year End Key Dates

Diana Moore

December 09, 2020

Year End Key Dates Dear Pastor, Finance Chair and Treasurer: The staff at the Conference Center join me in wishing you and your congregation a joyous Christmas and peaceful New Year! This communication contains information with respect to mailing year-end payments to the Conference.  Please share as appropriate. Please contact me should you have any questions. Sincerely,   Diana Moore Treasurer’s Remittance Form: The Treasurer’s Remittance form should be sent with payments for Apportionments, ...


Investments & Financial Guidance

Ross Williams

December 08, 2020

Dear Pastors, Finance Chairs, Treasurers, Stewardship Chairs and Church Council Chairs,   Does your church need help with its investments?   Has your church lost a personal relationship with its broker / investment manager?   Does your church need help in developing and fostering a culture of generosity?   Does your church need help with stewardship campaigns, planned giving or financial education?   If you answered “yes” to any of these questions, you would benefit from working with the United ...


Church Authority & Secrecy

Ross Williams

November 23, 2020

Dear Church Leaders, I often receive questions about the authority of church leaders over financial matters and access to financial statements, systems, meetings and records.  Listed below is guidance on these topics from The Book of Discipline and other UMC publications.  The Book of Discipline is available online at https://www.cokesbury.com/forms/DynamicContent.aspx?id=87&pageid=920#9568 One of the hallmarks of our denomination is a structure and practice of openness, transparency and ...


Church Insurance

Ross Williams

November 19, 2020

Dear Trustees, Treasurers, Finance Chairs and Pastors: It is essential that churches carry adequate Property & Casualty insurance on their buildings, vehicles and operations.  This is because one uninsured incident can result in significant financial costs and potentially, the closure of a church's doors.  Being adequately insured is probably the single-most important action a church can take to protect it's assets, its people and its ministry from unforeseen events. When it comes to Property &...


2021 Budget Inputs

Ross Williams

October 05, 2020

Dear Treasurers and Finance Chairs (copy to pastors), You will most likely be working on your 2021 budgets soon.  To assist you, listed below are some inputs from the Conference: Clergy Healthcare: The Uniform Rate for HealthFlex will remain at $18,240.00.  Since clergy will have six medical plans and three dental plans to choose from in 2021, the rate charged to clergy will vary based upon which plans they choose.  Clergy are provided an annual "allowance" to spend on health care.  In some ...


AIEM Housing Allowances

Ross Williams

September 17, 2020

Dear Clergy on Appointment in Extension Ministries, We want to ensure that you understand and take advantage of an important tax benefit available to ordained clergy.  Please read the information below on how to set up a housing exclusion so that a portion of your income can be treated as tax-free for federal, state and local purposes.  While you may not be currently serving a “church”, you can still qualify for this favorable tax treatment subject to the rules below.  The most important rule is...


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