Colorado Pastoral Contract

State:
Multi-State
Control #:
US-04500BG
Format:
Word; 
Rich Text
Instant download

Description

This is a contract between a pastor and a church which is a non-profit corporation. A non-profit corporation is a group organized for purposes other than generating profit and in which no part of the organization's income is distributed to its members, directors, or officers. Non-profit entities are organized under state law. For non-profit corporations, many states have adopted the Revised Model Non-Profit Corporation Act (1986). For federal tax purposes, an organization is exempt from taxation if it is organized and operated exclusively for religious, charitable, scientific, public safety, literary, educational, prevention of cruelty to children or animals, and/or to develop national or international sports.

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FAQ

1 To determine usual requirements. Review contracts for other pastors in your denomination to determine usual requirements.2 Specify basic employment elements : start date.3 Delineate the church-specific goals and responsibilities.4 Identify additional items.5 Review the contract.

For many churches the pastor's employment agreement creates significant financial and legal obligations. Given their importance, such contracts should be negotiated with the help of an attorney who is retained to protect the interests of the church as an institution.

Most pastors are paid an annual salary by their church. According to the Bureau of Labor Statistics, in 2016 the average salary was $45,740 annually, or $21.99 hourly. This is the median.

For many churches the pastor's employment agreement creates significant financial and legal obligations. Given their importance, such contracts should be negotiated with the help of an attorney who is retained to protect the interests of the church as an institution.

Inflation rises between 1 and 4 percent every year it rarely goes down (that would be deflation). In order to maintain the value of your pastor's salary, you need to raise it with inflation every year.

According to this source, senior pastors with congregations up to 200b150200b members earn 200b$4,800200b to 200b$109,000200b; with churches that have more than 200b1,200200b members, the salary ranges from 200b$92,255200b to 200b$189,053200b.

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Colorado Pastoral Contract