From the Memo Board: November 2014

Dates to Know

November 11
All US Banks will be closed.

November 27-28
The Office will be closed in celebration of Thanksgiving.

December 1
This is the revised pay date for those who normally receive funds on the 29th.

December 1
October financial reports will be due.

December 16
Please contact us by this date if you will need funds in your account before Christmas, or before the end of the year.

December 22-26
The Office will be closed in celebration of Christmas.

January 2
November financial reports will be due.

January 9
Missionaries will receive their emailed statements of December Support Received.

January 12
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 2014.

 

New Associate

The Bailey FamilyJim and Patty Bailey have been accepted with World Wide as our newest associate missionaries.  They will be going to Guam in the year 2015 to serve as furlough replacements for the Quinlan family.  Pastor Bailey has served on our Executive Board since 1983.  He has pastored Valley Baptist Church in Edinburg, VA since 1978.  He will be retiring from Valley Baptist Church January 1, 2015. Advisory Board member and current associate Pastor, Chad Estep, will become the pastor at that time.

 

Housing Allowances for 2015

The Executive Board has voted, on recommendation from our CPA, that all Housing Allowances approved for 2014 will automatically roll forward to future years.  Therefore, there is no need to submit a new request for a Housing Allowance, unless you do not currently have one in place, or unless you wish to change the amount of your allowance.  Ordained missionaries are eligible to request a Housing Allowance, which provides tax benefits for funds used for housing related expenses.  If you have any questions regarding this, please contact our Office for more details.

 

Ministry Equipment

World Wide is required to maintain an inventory of all equipment that missionaries have listed on Line 15 of their financial reports.  Please review your records prior to the end of the year, and let us know if you have disposed of or sold any equipment this year so that we can update our records.  Income received from the sale of the equipment will need to be recorded on Line 2 of your financial reports if you previously claimed the purchase as a ministry expense.

 

Happy Thanksgiving