Thursday
Feb092012

What every church needs to know about housing

LITTLE ROCK – Part of any comprehensive compensation package for ministerial staff at a church should be a housing or parsonage allowance. 

Section 107 of the tax code allows churches to designate a portion of a minister’s salary as a housing allowance. Housing allowances are not reported as taxable income on a minister’s W-2 as long as a minister uses it to provide a home for himself and his family. A minister is still required to pay self-employment (SECA) taxes on the full value of his housing allowance; however, he will not have to pay income tax as long as it falls within the acceptable limits approved by the Internal Revenue Service (IRS).

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Friday
Feb032012

Arkansas Baptist Foundation trustees approve $60,000 to Israel

LITTLE ROCK – Grants totaling $60,000 to fund nine evangelistic projects in Israel were approved Feb. 2 by the Arkansas Baptist Foundation Board of Trustees.

MooreFunds are being made available to the Southern Baptist International Mission Board through the Ezra Amos Endowment Fund, said David Moore, Foundation president.

 

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Thursday
Feb022012

Luter announces bid for SBC presidency

LuterNEW ORLEANS - Fred Luter, pastor of Franklin Avenue Baptist Church told his African American congregation Sunday, Jan. 29, that he will run for the presidency of the predominantly white Southern Baptist Convention. It’s a position several church leaders said he’s likely to win in a potentially historic election to be held in New Orleans in June.

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Thursday
Jan262012

ABSC up nearly 2%: Conventions face budget challenges

Tim Yarbrough
Arkansas Baptist News

LITTLE ROCK – The economic downturn that slammed the United States in 2008 continues to impact giving across the Southern Baptist Convention – including in Arkansas.

However, while a number of state Baptist conventions face budget cuts and realignment as a result of the decline in missions giving, the Arkansas Baptist State Convention (ABSC) actually saw its undesignated Cooperative Program receipts rise 1.52 percent in 2011 compared to a year earlier.

 

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Thursday
Jan262012

Mid-America’s Gray Allison: Soul winning at the heart of evangelism

CORDOVA, Tenn. – Since the age of 11, Gray Allison has sought to be a soul winner. For many years, as president of Mid-America Baptist Theological Seminary, he taught pastors and the next generation of evangelists to do just that.

Allison“I learned a good bit about evangelism from Dr. Roland Q. Level, president and professor of evangelism at New Orleans Baptist Theological Seminary (NOBTS) when I was his student,” said Allison, who is president emeritus and professor of church history, evangelism, missions and homiletics at Mid-America. “I served as his teaching fellow and caught something of his spirit. Since that time, I have been trying to teach others how to witness. I have had a burden to train others since that time, which was in the early 1950s.”

 

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