{ INUMC Year End Information Published December 19, 2014 (this is an auto-run presentation)

Physical Office Address: Indiana Annual Conference 301 Pennsylvania Pkwy, Suite 300 Indianapolis, IN ‐781‐6706 Indiana Annual Conference 301 Pennsylvania Pkwy, Suite 300 Indianapolis, IN ‐781‐6706 Office Hours M-F 8:30-4:30 Tithe Remittance Address: INUMC Dept Carol Stream, IL 60122‐6089 Use this address for ALL Giving! Tithe Remittance Address: INUMC Dept Carol Stream, IL 60122‐6089 Use this address for ALL Giving! Address Information

Calculating Tithe The Conference is asking for a minimum of a 10% tithe of undesignated income and your district support is a % of this same income figure. Specifically, below are the guidelines we passed as an Annual Conference in June, 2011 for what is to be included in that calculation. 1.Income from identified and unidentified contributors. 2.Pledged or unpledged income. 3.Undesignated interest and dividend income. 4.Income received from building use fees. 5.Income received from fundraisers and programs in support of the operating budget. Income from capital campaigns, pass-through giving and tuition-based ministries is not included in the tithing calculation.

2015 District Percentages North District 1% Northeast District 1% Northwest District 1% North Central District 1% Central District 1.5% East District 1.15% South District 1.5% Southeast District 1.25% Southwest District 1.2% West District 1.45%

Preparing W2s In box 1 put Gross cash salary – Less Personal portion of health insurance Flex Spending withholding Pre-tax UMPIP contributions withheld Housing or parsonage exclusion

Preparing W2s Boxes 3, 4, 5, and 6 should be 0s for clergy

Preparing W2s Box 12a is where Employer AND Employee portion of health insurance premiums are reported with code DD

Preparing W2s Box 12b is where pretax UMPIP contributions go with code E Also check the box for Retirement plan

Preparing W2s "Housing Exclusion" or "Parsonage Exclusion" amount is reported in Box 14 for informational purpose

Quarterly 941 Filing Include all gross salaries here less: * clergy housing/parsonage exclusion for qtr * flex spending withholding * pre-tax UMPIP contributions withheld * personal portion of health ins withheld

Quarterly 941 Filing No clergy wages should appear in #5

Important Dates – 1 st Qtr Deadline for prior year tithe payments 4th Quarter Form 941 W-2’s to employees 1099’s to independent contractors W-3’s, W-2’s to IRS WH-3’s to IN Dept of Revenue

Important Dates – 2 nd Qtr 1 st Qtr 941 Form Form NP20 to IN Dept of Revenue, Property Tax Exemptions to local Assessor's office (if changes) Personal Property Tax Forms to Local Assessor’s office Local Church Audit form to Conference Center

Important Dates – 3 rd /4 th Qtrs 2 nd Qtr 941 Form 3r d Qtr 941 Form

Useful Websites Useful Websites

 Jennifer Gallagher, Director of Financial Services Tax questions, Church financial visits  Heidi Harding, Controller Year End Reporting, 941 & W2 questions, ROG  Elsie Miller, Database Administrator Address changes  Anne Hayton, Financial Services/Pension Clerk Pension questions  Jonathan Gerber, Financial Services Clerk Accounts Payable  Emily Burkhart, Financial Services Clerk/Camp Registrar Camp registrations, Deposits  Jenni Walker, Financial Services Clerk Moving information Financial Services Contacts first name. last

For questions, comments, or suggestions on this presentation please contact Heidi Harding at the Conference Center. You can also download a hard copy on the INUMC website under the Finance section.