Dates to Know
January 8 – Missionaries will receive their emailed statements of December Support Received.
January 11 – All missionaries will receive their final December support on this day, regardless of the day that they normally receive support.
January 15 – December financial reports will be due, along with any remaining receipts or financial paperwork for 2015.
June 20-23 – Family Fellowship Week with Valley Baptist Church in Edinburg, VA. Begin arranging your summer schedule to be with us!
January Income Totals
During a typical month, we close the books on the 25th, and any checks received after that date are posted to the following month. Due to receipting requirements, we cannot do this in the month of December. As a result, please be aware that your December support total may be higher than normal, while your January support total may be lower than normal. Please be sure to plan ahead for this!
Housing Allowances for 2016
Housing allowances previously in place have automatically rolled over to the new year. Missionaries who are ordained are eligible to have a housing allowance in place, which can provide certain tax benefits. If you did not have a housing allowance in 2015 and would like to have one for 2016, or if you have questions regarding this, please contact our office.
New Excel Template
A new Excel template for the year 2016 will be available during the first week of February. This will give us time to review the need for any possible updates. January financial reports will be due on March 1. Should you wish to complete your report before the new template is available, you are welcome to submit it on the 2015 template.
New Mileage Rate
Beginning January 1st, the IRS mileage rate has decreased to $0.540 per mile for business/ministry miles. This change will be reflected on the new Excel template for 2016.
Birth Announcement
Congratulations to Clayton and Linda Eliam on the birth of baby Timothy on December 17th. Timothy weighed 7 pounds 9 ounces. Both mom and baby are doing well! Timothy is the fifth child of the Eliams, and joins his older siblings Cheryl (12), Nathan (10), Hadassah (7), and Keila (5). The family serves on the island of Pohnpei.