As a reminder, the diocesan offices will be open for an alternate schedule during July and August. The Diocese will be open for summer hours Monday through Thursday, 8:00 AM-4:30 PM, with offices closed on Fridays. Summer hours will continue through Labor Day and regular diocesan office hours will resume Sept. 3, 2024.
PARISH INCORPORATION ANNUAL MEETING AND CORPORATE REPORTING REMINDER
Parish corporations are required to hold an annual meeting of the Board of Directors. We recommend that pastors hold these meetings between
July 1 and Sept. 15,
2024. Diocesan staff emailed meeting agenda and minutes templates and other relevant meeting materials to pastors and parish staff last month to assist in preparations for board meetings.
Please send copies of the final minutes from your second annual board meeting(s) to the diocesan office by Sept. 30, 2024. If you have any questions concerning the annual Board meetings, please contact
Tim Thomas or
Irene McCauley for additional assistance.
Parish corporations must also file their first annual report to the State of Michigan Department of Licensing and Regulatory Affairs (LARA) this summer. Pastors
must return signed and completed copies of the Nonprofit Corporate Annual Report no later than Friday, Sept. 20, 2024 to ensure that documents are filed by the State’s deadline. Please also
submit a $20 payment to the diocesan office for the filing of this mandatory report. For more information concerning Nonprofit Corporate Annual Reports, please contact
Irene McCauley.
PARISH INCORPORATION ASSET TRANSFER UPDATE
As a reminder, please send any correspondence received from local assessors concerning parish property tax exemption to
Irene McCauley at the diocesan office.
Diocesan staff will send out further instructions concerning the transfer of financial/investment accounts, other financial assets, tangible property, assignment of bank loans, lines of credit, lease/contract agreements, vehicle titles, and payroll accounts in the next couple of months. Pastors and parish corporate boards can refer to letters sent on June 25, 2024 from Tim Thomas outlining asset transfer steps in more detail. Parishes are reminded that while they
should not transfer bank accounts to corporate entities until receiving further instructions,
they should begin transferring utilities into the name of the parish corporate entities. If you have any questions about the parish incorporation process, please contact
Tim Thomas or
Irene McCauley for additional assistance.
CHANGES TO PROTECTED LOSS FUND (PLF) AND PROTECTED LOSS ACTIVITIES FUND (PLAF)
Tim Thomas sent memos informing parishes of recent changes to the Protected Loss and Protected Loss Activities Funds on June 10 and 24. Historically, the Michigan Catholic Conference (MCC) has invoiced all units of the Diocese of Marquette for insurance premiums and risk mitigation activities related to risk reduction activities. The MCC insurance program is known as the Protected Loss Fund (PLF) and covers all required property and liability insurance. The DOM refers to its risk reduction activities as the Protected Loss Activities Fund (PLAF) which covers parish audits, school audits, specific legal expenses, and other risk-mitigating services.
Recently, MCC has informed the DOM that beginning July 1, 2024, the billing process for these premiums will undergo a change resulting in units receiving two separate invoices for PLF and PLAF instead of the historical single invoice combining the two. As a reminder, the diocese will bill parishes for PLAF services once in mid-September 2024, while MCC will continue normal PLF billing throughout the year.
Please refer to the original memos and a detailed list of PLAF costs to parish units in
Addendum #1. If you have any questions concerning this change, please contact
Tim Thomas.
2024 PARISH ANNUAL FINANCIAL REPORT (PAFR)
The 2024 Parish Annual Financial Report has been updated and is available on the Diocesan website at
dioceseofmarquette.org/parish-annual-financial-report. Parishes will note that this year’s report will be shorter than in past years to lessen the work of parish staff as they handle additional UPCSA duties and work associated with the transfer of assets to parish corporations. Because of this,
it is vital that bookkeepers include prior-year Statements of Financial Position/Balance Sheets, Statements of Revenue & Expense/Income Statements, and current-year budget attachments with each parish submission using the recommended statement format. PAFR submissions will be due to the Diocese by
Aug. 31, 2024. Please contact
Irene McCauley with questions on PAFR submission requirements or for general form assistance.
2024 ANNUAL CATHOLIC ENDOWMENT FUND FINANCIAL REPORT
Parishes with endowment funds outside the Upper Peninsula Catholic Foundation must complete the
Annual Catholic Endowment Fund Financial Report by
Sept. 30, 2024. As with the Parish Annual Financial Report, Annual Catholic Endowment Fund Financial Reports will cover fund activities for the parish fiscal year starting July 1, 2023 and ending June 30, 2024. Parishes must also include copies of financial statements and meeting minutes with each report submission. For questions concerning this report, please contact
Tim Thomas.
2024 PARISH GOVERNANCE REPORT
The Parish Governance Report is due Sept. 30, 2024 and has been included in
Addendum #2. Please also see
Addendum #3 for an optional financial report to parishioners, provided as a template for parish use. Completed Governance Reports or questions should be sent directly to
Irene McCauley.
SECRETARY AND BOOKKEEPERS WORKSHOP – OCT. 15, 2024
Please plan to join us this fall for the Annual Secretary & Bookkeepers Workshop on Tuesday, Oct. 15, for a day of education and fun. This year it is being held at St. Joseph’s Parish, 1889 Prairie Avenue, Ishpeming. More information will be sent out soon. You can check out the website at any time for last year’s workshop information and for this year’s upcoming details. We hope to see you there! Thanks for all you do.
STANDARDIZED PERSONNEL POLICY CHANGE REMINDER
All parishes and missions are reminded that changes to the supplemental portion of the Standardized Personnel Policy are due to the Diocese by Sept. 1, 2024. Any parishes planning to amend benefits administered by Michigan Catholic Conference (including short-term or long-term disability benefits, as well as health, dental, vision, or life insurance coverage) should also contact MCC by no later than Sept. 1 to ensure that these changes are processed for Jan. 1, 2025. Please call 800-395-5565 to report offering changes to MCC Benefits.
If you are unsure whether your parish submitted changes to its supplementary personnel policies, please contact
Irene McCauley to verify that your policy was received and approved. All parishes must submit parish supplemental policy drafts to the Diocese before implementing new policies at their parishes. Once the diocesan staff approves supplemental policies, copies will be returned to the parish for approval by the pastor and parish finance council before taking effect.
Parish bookkeepers are also reminded that all parish employees must sign policy acknowledgment forms to be recorded in employee personnel files.