Financial Information for Parishes and Missions

Congregational grades for 2020 for parishes and missions. This refers to the congregation grade for churches which helps to determine clergy compensation and assessment values.  The congregational grade is updated every year. Those churches that are in bolded text have changed grades from the previous year.

This is the 2020 Parochial Clergy compensation schedule passed at convention. This document outlines clergy compensation based on congregational grade.

The supply clergy compensation rates for 2020 are as follows:

Sunday/primary liturgy* One liturgy $257.22; additional consecutive liturgies $58.55 each.

Sunday/primary liturgy* without preaching: One liturgy $151.39; additional consecutive liturgies $58.55 each.

Weekday/evening liturgy: $99.89

Requirements for parishes and missions in transactions with the Board of Directors

The following guidelines, objectives and restrictions have been recommended by the INVESTMENT COMMITTEE to establish parameters for the investment management of the THE JAMES F. HODGES DIOCESAN INVESTMENT FUND.

Procedure for Documentation of Sale or Other Disposable of Moveable Assets by Missions of Diocesan Organizations.

The deadline for congregations to submit Financial Audit Reports has been extended to September 1, 2020. (originally June 15, 2020)

An annual financial audit is a canonical requirement of The Episcopal Church.

Title 1, Canon 7, Sec. 1(f)-(g):

Donations can now be made to individual churches through the main Diocese of Olympia giving account. The diocese will manage sending each church whatever funds are donated to them along with a report of giver, amount, designation information and date of transaction.

Below are the list of churches and their links. Copy the particular giving link and use this on your website, email notifications, brochures, etc. to allow people to donate to your faith community.

The 2014 final audited 2014 James F. Hodges Diocesan Investment Fund (DIF) Report.

The 2017 final audited 2017 James F. Hodges Diocesan Investment Fund (DIF) Report.

The 2018 final audited 2018 James F. Hodges Diocesan Investment Fund (DIF) Report.

Business methods prescribed for every diocese, parish, mission, and institution subject to the authority of the Episcopal Church

The Centers for Medicare & Medicaid Services (CMS) guidelines that define Small
Employers and who to consider as an employee.