Structuring Pastoral Compensation

Is your church structuring its pastoral compensation package in a way that truly blesses your pastor? Is your church doing all it can and should to financially provide for the pastors who keep watch over your souls?

The fact of the matter is that most churches have never given any thought to what a pastoral compensation package should look like, and much less to how they should structure it so that their pastor receives the maximum benefit.

Structuring Pastoral Compensation is written for church decision makers (Elders, Deacons, Trustees, Committee Members, etc.) to help them understand what should be included in their pastor's compensation and how to best implement the various pieces so that their pastor will be truly blessed.


WHAT YOUR CHURCH DOESN'T KNOW MAY HURT YOUR PASTOR

I don't know of a single church that wants to hurt its pastor, and yet, many do without ever even realizing it. If your church is like ours, the people who act as decision makers within the church are all volunteers. They always try to do the best they can, but most have never been trained on how to understand or think through the very complicated and unique issue of pastoral compensation.
 

IS YOUR CHURCH HELPING OR HURTING YOUR PASTOR?

OPTING OUT OF SOCIAL SECURITY

Has your pastor made this, potentially life-changing decision, and has your church responded accordingly?

TAXES, FICA, AND SECA

What is the difference between taxes, FICA, and SECA, and why does that distinction matter so much for pastors?

PARSONAGES

How could providing a free house for your pastor be one of the worst possible things your church could do for him?

SALARY VS HOUSING ALLOWANCE

What is the difference between these two terms, and why is the balance between them so critical to so many other aspects of your pastor's finances?

BENEFITS

From medical insurance to paid time off, does the benefits package your church provides to your pastor really make sense?

REASONABLE COMPENSATION

What does the IRS mean by this phrase, and how should you apply it to your pastor?

 

REIMBURSEMENT PLANS

Is your church taking advantage of one of the best arrangements the IRS provides for tax-free "compensation"?

RETIREMENT

Is your church contributing to your pastor's retirement plan?

 

KEEPING EVERYTHING IN BALANCE

Does your church have a strategy for providing pastoral compensation in a way that truly maximizes every possible benefit for your pastor?

BONUSES/GIFTS

Does your church inadvertently engage in "spiritual money laundering" in the way you provide gifts or bonuses for your pastors?


What Others Are Saying

This book was clear, concise, and very informative. I’m planning to purchase a copy for our financial decision makers in our church and would encourage you to do the same. It’s an quick and easy read, with helpful examples and pastoral insight and tone.
— Mark
Stacy writes in a style that is easy to understand and that is helpful considering the subject he is addressing. Good book! Every church leader should read it!
— Tony

Other Resources for Churches

 

BENEFITTING FROM OBAMACARE

The story of how our church used the provisions of the Affordable Care Act to save over $100,000 in three years AND provide top-notch medical coverage for our pastors - all at the same.