Helps for Treasurers - Diocese of the West

Accountability (click for more)

Accountability is all about being answerable to those who have invested trust, faith and money in (your parish).

Nonprofits must be accountable to multiple stakeholders, including private and institutional donors; local, state, and federal agencies; volunteers; program recipients; and the public at large.

Signatures on checks
Recording Income
Paying Bills

Tax Guide for Churches - a "must read" from the IRS

2008 Tax Guide
click here

Corporation Filings

In order to file federal employer tax forms, your parish will need an Employer Identification Number (EIN).

To receive the benefits of a federal tax exempt organization, your parish will need a 501(c)(3) Non-Profit Number.

To file as a nonprofit corporation in California, use Form SI-100.

EIN

501(c)(3) Non-Profit Number

Reporting to the State of California

Form SI-100

Calendar For Treasurers

January 31 – Parish Financial Reports for prior calendar year sent to Diocesan Treasurer

February 28 – Submit To Social Security Administration “Copy A” of each prior year's W-2 Form issued to employees along with a W-3 transmittal form.

February 28 – Submit to the IRS “Copy A” of each prior year's 1099-Mis form issued to self-employed persons along with a 1096 transmittal form by this date.

March - There are no tax deadlines to note in March.

Compensation

Parish treasurers are responsible for monitoring the salary and housing compensation for clergy. They need to keep abreast of the median family income for their area.

Treasurers are also responsible for managing payroll for clergy and non-clergy employees. They must also withhold federal income tax, Social Security, and Medicare taxes as necessary for parish clergy or non-clergy employees.

The links from this page will assist the treasurer in determining the target amount for clergy compensation and finding the payroll tax forms that must be filed with the IRS.

Clergy Compensation

Manage Payroll

Workers' Compensation

Reporting to the Diocese (click for more)

See the reporting requirements of parish to the Diocese.

Diocesan Treasurer's Information:Helps for Parish Treasurers

Diocesan Treasurer's Information:
Helps for Parish Treasurers