Issue 96 of Administration Matters
Staying safe in church
For most people, the church has always been a symbol of peace, a safe place where people can gather and worship. That has changed drastically over the last few years. We must pay more attention to church security to ensure that we are creating safe spaces for adults and children to worship, learn and grow as disciples. >More
2024 cyber security year-end review
Maintaining strong cybersecurity controls is imperative to protecting your organization’s confidential constituent data and securing your operations so you can continue to carry out your mission. >More
Plan ahead for 2025 Roth and payroll withholdings
Do you provide ELCA benefits through Portico? If any of your employees elected Roth after-tax retirement contributions, or changed their 2025 pretax retirement contributions, supplemental life insurance, and/or other voluntary benefit elections during Portico’s Annual Enrollment, you’ll need to adjust payroll withholdings for 2025.
Starting with pay periods in January, the Payroll Withholding Summary on EmployerLink can help you determine how much to withhold from your employees’ paychecks. Your employees who want more specific information as to how Roth contributions will affect their taxes should consult a tax professional. As always, your employees who receive ELCA retirement plan benefits through Portico can schedule an appointment online or call the Portico Financial Planners to get answers about Roth contributions at no additional cost.
Money matters
The COVID-19 pandemic forced churches to rethink many issues related to money. How much money do we need in our reserve accounts? How can we communicate financial needs without reinforcing a scarcity mentality? What technology should we use to collect money? If giving patterns shift, what priorities will we want to protect? Though we may have figured out the answers to some of these questions, we are likely still learning valuable lessons. >More
Inflation’s effect on houses of worship
Today it costs your church more money to do the same things it was doing before. How will you address rising costs? There are only a few options for navigating these cost increases: increase giving, cut expenses or rely on cash reserves. You would be wise to consider cutting expenses and focusing on what is core to your ministries. >More
Go Green! Save Green! – 12 Ways to Save in Your Congregation
By focusing on energy efficiency, sustainable transportation, less water consumption, waste reduction and mindful consumer choices, individuals and organizations can embark on a journey that benefits both their cash flow and the planet. >More
