PARISH & SCHOOL SECRETARY/BOOKKEEPER WORKSHOP THANK YOU
Thank you for attending the Parish and School Secretary/Bookkeeper Workshop last month! We hope you found this year's topics informative and interesting. Jamie Feldhusen will send out presenter information to all parish secretaries and bookkeepers who may have missed the Oct. 25 event or wish to reference the topics discussed. Please contact Jamie at
jfeldhusen@dioceseofmarquette.org with any additional questions regarding workshop materials.
Last Chance to Apply for ERC Funding – Deadline March 2023
The Diocese encourages parish and school bookkeepers who have not already applied for ERC funding to do so as soon as possible before the March 2023 IRS deadline. Parishes and schools interested in receiving ERC funding who have not already applied should plan to do so as soon as possible, as the filing process takes approximately 10-12 weeks to complete. Bookkeepers should consult with their pastors and Parish Finance Councils to make sure this is the way they want the funds represented on the Income Statement. To start the filing process, please contact Brian Locker at Paycor (
blocker@paycor.com). For any other ERC questions, please contact Casey Banks at (906) 227-9105 or
cbanks@dioceseofmarquette.org.
Order Catholic Extension Calendars Now for 2023
Do you want to order official Catholic calendars to distribute for 2023? If so, please consider placing your order through Catholic Extension, a nonprofit Catholic organization that supports 87 U.S. Mission Dioceses with the proceeds from calendar sales. Those looking to place calendar orders should contact Dan Stremel as soon as possible, as the calendars take approximately 4-6 weeks to print and ship. Dan Stremel can be reached at (620) 408-5338 or
dstremel@catholicextension.org.
2022 PARISH GOVERNANCE REPORT
403(b) RETIREMENT PLAN MAXIMUM CONTRIBUTIONS
Please be aware the maximum contribution per individual is $20,500 unless the employee is age 50 or over. Members over 50 years of age are allowed an additional "catch-up" contribution of $6,500. Since there still are two months left in 2022, it is a good time to evaluate your contributions to your 403(b) plan. Are you maximizing the amount you can contribute? Are you sure you will not exceed the maximum contribution amount by year-end? If you have questions, please feel free to contact Irene at
imccauley@dioceseofmarquette.org or (800) 562-9745 ext. 135.
State Property Tax Exemptions
The State of Michigan began requiring additional information to classify parish and school properties as tax-exempt in 2022. If you receive a notice from your local assessor, please complete the property tax-exemption checklist document and provide documents included in Addendum #2 to meet the State's requirements. Please contact the Administration & Finance department with any questions.
$5,000 Maximum for Parish/School Raffles
The IRS requires tax-exempt organizations to withhold 25% of raffle winnings over $5,000 and report this amount on Form W-2G.
Parishes and schools are advised to limit raffle winnings to no more than $5,000 to avoid tax liability. Federal reporting requirements apply to cash winnings and noncash prizes whose value exceeds $5,000. If you are interested in holding a small raffle for your parish or school, please visit the State of Michigan charitable gaming website at
www.michigan.gov/cg/ for more information.
MISSON COMBINED COLLECTION – JANUARY 14TH-15TH, 2023
All parishes in the Diocese of Marquette will be taking up the 2023 Mission Collection on January 14th-15th, 2023. The Mission Collection supports the following outreach ministries to the Universal Church: the Black & Indian Missions, Catholic Home Missions, the Solidarity Fund for the Church in Africa, and the Propagation of the Faith Mission. Parish bookkeepers are advised to use the Collection Counting Sheet (Addendum #3) and to divide unspecified Mission fund donations evenly between the four individual collections. Bookkeepers may then complete the updated Combined Collection Transmittal Form found in Addendum #4 to include with their payment to the Diocese. Please make checks out to "Diocese of Marquette-Mission Collection."