Treasurer's Office News

2009 Remittance Reports Now Available

We've updated the District Remittances page to show the 2009 reports for each district. This page will be updated weekly with 2009 apportionment receipts. You can also view your church's 2009 remittance statement by logging in to the Online Data Collection System and clicking on the Statements Menu.

Conference Apportionment Payout for 2008

We are excited to report that our conference paid 93.02% of apportioned amounts for 2008. We are keenly aware of the uncertain economic conditions facing all of our members and celebrate the dedication and perseverance that has led us to this faithful response to apportionment giving. You can view the final summary report for the 2008 apportionments on our Remittances page.

2008 Statistical Tables

The 2008 Tables I, II, and III are now available for data entry on the Online Data Collection System. The due date for filling in these forms online is January 31, 2009. If pastors do not have their user ID and password to access the Online Data Collection System, please contact our Help Desk. Log-in information can be emailed to the pastor's clergy email account. There are also blank copies of each form available on our Downloads page.

Registration NOW Open!!

Register now for the upcoming Pre-Retirement Planning Seminar on Thursday, April 23rd - Friday, April 24th. For event details and registration form, visit the Treasurer's Office Pensions page or contact JoAnna Cafferty in the Treasurer's Office at 1-800-849-4433 x 225. Registration deadline is March 10th.

REMINDER: MTF Payments Due

The annual contributions payments to the Ministers' Transition Fund (MTF) are due to the Treasurer's Office no later than January 31, 2009.According to the plan document (2008 Journal, page 435), payments received after January 31 will be returned to the minister. For more details about the benefits of this Fund and to obtain an enrollment application, visit the Pensions Page on the Treasurer's Office Web site or contact JoAnna Cafferty (1-800-849-4433 ext. 225).

Treasurer Training Materials Now Available Online!

We are happy to announce that you now have online access to the training materials that will be presented at the Treasurer/Finance training event held on December 6, 2008. We regret that we were unable to accommodate all those who wanted to attend this event, but hope that this new page will be a useful resource for your church. Please visit the Training Materials page, and feel free to email our Help Desk with questions or suggestions.

IRS Business Mileage Rate Decreases Slightly for 2009

Effective January 1, 2009, the mileage rate will be reduced slightly to 55 cents per mile. The rate remains at 58.5 cents for all business miles driven from July 1 through December 31, 2008. The new rate for computing deductible medical or moving expenses will be reduced by three cents to 24 cents per mile. The rate for providing services for charitable organizations is set by statute, not the IRS, and remains at 14 cents per mile. See news release IR-2008-131 for more details.

New Conference Headquarters Update

Visit the NCC Builds web page to view the project development timeline on the construction of the new NC Conference headquarters from start to finish.

NC Conference Builds New Headquarters

The 2008 Annual Conference approved the construction of a new conference headquarters in Greenfield Park in Garner. Share with the team your thoughts and experiences related to the project. Visit the NCC Builds web page for details.

Property and Casualty Insurance Available

The NC Conference offers insurance through the United Methodist Property and Casualty Trust (PACT). PACT is an all-lines (including Worker’s Compensation) nonprofit insurance trust that is owned by its member United Methodist annual conferences, agencies and local churches. For more information on PACT, please contact the Conference Treasurer’s Office at (800) 849-4433. Click here to learn more about NC Conference PACT.

Please email any questions to nccpact@nccumc.org

Local Church Treasurer/Finance
Email Discussion Group

An email discussion group is in place for those interested in local church finance to enable you to discuss issues facing you with your peers at other local churches. This list was requested by local church treasurers because of the need for an easy way to ask each other questions about local church policy and procedures, accounting software, auditing issues, etc. To join the discussion group, click on the following link: http://listserv.nccumc.org/mailman/listinfo/lcfinance.

Political Election Guidance for Churches

With the focus on political elections, churches are reminded that organizations exempt from income tax under the Internal Revenue Code section 501(c)(3) may not participate in, or intervene in (including the publishing or distributing of statements), any political campaign on behalf of (or in opposition to) any candidate for public office. The Internal Revenue Service has issued Revenue Ruling 2007-41 to provide guidance on situations that may or may not be considered to fall under these guidelines. If your church has involvement in election matters or activities, you are encouraged to read the situations listed in the Revenue Ruling to make sure your involvement is not in violation of the guidelines. The Revenue Ruling can be found on the IRS website at http://www.irs.gov/pub/irs-drop/rr-07-41.pdf.