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| Diocesan
Treasurer's Information:
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| Computing Cash Salary Package | Illustration | Your Parish |
|---|---|---|
| A. Median Family Income for families in the community or communities in which your members reside: |
$30,000 |
|
| B. If Parish is located in a low income area (compare median income for community with median income for state). | ||
C. Base Adjustment for size of Parish:
(Add 1 % for each additional 100 members) |
$900 |
|
| D. Merit Adjustments of (1/2 to 2% of A or B +C) for exceptional
leadership and performance by the priest manifested in Parish programs,
activities (Baptisms, Chrismations, Marriages, Outreach, Parish
Services, etc.) As a parish grows, the pastor's salary (based on lines
A or B + C) should be increased by 2 % for every 10 new adult members.
10 new members 2% = |
$300 (merit)
$618 |
|
| E. If rectory provided priest is in an area where schools are not up to the level of schools attended by the majority of the children of members, add an allowance equal to the cost of tuition and transportation to a private or parochial school for each clergy child of school age. | ||
| F. Furnishings and appliances allowances | ||
| G. If there are unique characteristics in your Parish which require additional expenditure by clergy, provide additional amount | ||
| H. Subtotal salary amount (A through G) |
$31,818 |
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| I. Additional Income to equalize cost of Social Security payments required of clergy over other employed persons (I x 7.65 %) ** |
$2,434 |
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| J. Subtotal salary and social security allowance |
$34,252 |
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| K. LESS the Fair Market Rental Value of rectory provided to the pastor, if applicable (A x 32%). |
$9,600 |
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TOTAL ANNUAL CASH SALARY |
$24,652 |
** Current Form SE and 1040 form line 27 allow
for clergy to deduct 1/2 of self-employment tax
from their tax obligation. Thus, clergy are obligated to pay only half of
self-employment tax.
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Medical Insurance - available through Orthodox Church in America | |
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Pension - available through Orthodox Church in America. (Parish contribution 6% of total cash salary). | |
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Life Insurance - available through Orthodox Church in America. | |
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Disability Insurance |
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