How To Determine A Fair Church Compensation : Right Answer
How To Determine A Fair Church Compensation : Right Answer
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How to determine a fair Church compensation plan is information most lay people have no knowledge about. Finding an attorney who specializes in this area is something you want to take your time with. Do they know all the legal ramifications that are involved setting up a nonprofit. Do they understand the full compensation package needed. Will they keep an open door policy with your pastor and church to discuss all areas in question. Do they keep abreast of the new laws governing church law and nonprofits. Winters and King, Inc. has worked with and supported thousands of churches from small to some of the biggest in the United States. They have the experience and processes already in place to help your faith based church. Winters And King, Inc has the answers for you at 918-494-6868.
An important area to consider and include in your compensation plan is your reimbursement for job- related expenses. You need to find out How To Determine A Fair Church Compensation. Many pastors and staff make home visits, entertain guests, continue their education and are a representative at functions. This is an area that should be included in the budget and reimbursed. This should not be taxable income when reimbursed. These reimbursed expenses must happen while acting as an employee of the organization. They should document any evidence of expenses. This can include mileage and the use of their vehicle. They should be turned in with 60 days of the action. This reimbursement shout be above the salary paid to the employees.
The IRS states that the church board must pass a formal resolution for their plan of reimbursement. Areas that the IRS find acceptable are: business related travel and use of vehicle, hospitality, conference attendance , continuing education, subscriptions/books/periodicals, fees and dues for professional associations, and work related cell phone use. It is important to figure out How To Determine A Fair Church Compensation. You start by forming a pastoral relations committee. This should be between three to seven people. They should be appointed and not elected.
To qualify for this position the elected members should have a good working relationship with their pastor. They should be supportive and know the needs of the pastor and their congregation. They should be excellent listeners. They must be excellent in communications. They must have good integrity to maintain confidentiality. And should include both men and women of all ages. It is probably best that they not be on any other committees involved in their church. This is one area to be considered when looking at how to determine fair church compensation.
Winters and King, Inc. has helped set up guidelines for this area and more in setting up a nonprofit and how to determine fair church compensation. Ministry is their focus. They bring excellence and integrity to the practice of church law. Your faith based church deserves the best in church law representation. You will receive the best representation when you partner with them. Let them do the work they have designed the firm for. Call Winters and King, Inc. to set up your consultation 918-494-6868. They are based out of Tulsa, Oklahoma. They have 30 years of church law experience.