Treasurer's Office

Welcome to the website for the Treasurer's Office at the Diocese of Chicago.  This office is also called the Office of Finance and Administration.  At this site, you will find information about human resources, compensation and reimbursement guidelines, rules and regulations of church governance regarding financial matters, audit guidelines, insurance information and many other important resources.

Proceed by clicking on the links below for a general subject (for instance, "Clergy Resources") or for an individual subject matter (for instance, "Parochial Reports").  If you have any questions, please do not hesitate to contact us.

Benefits & Compensation

• Compensaion
• Continuing Education
• Health Insurance
• Other Insurance
• Pension
• Supply Clergy

Clergy Resources

• 2010 Budget Guidelines

• Benefits & Compensation
• Continuing Education
• Housing Allowance
• Mileage Reimbursement
• Self Employment Tax
• Supply Clergy
• Travel Reimbursement

Congregational Resources

• Audits at the parish or mission level
• Budget
• Diocesan Pledges
• Facility Usage Costs
• Financial Management Questions
• Mileage Reimbursement
• Parochial Reports
• Sales Tax Exemption
• Use of Restricted Funds

Office of the Treasurer

• Canons & Constitutions Relating to Treasurer’s Office
• Check Request Forms & Processes
• Diocesan Audits
• Diocesan Foundation
• En Espanol
• Frequently Asked Questions
• Pledge Process
• Sales Tax Exemption
• Staff Contact List
• Use of Restricted Funds

2010 budget ADOPTED

Bishop and Trustees, the property management agency of the diocese and budget authority, adopted the 2010 program and administrative budget October 13 following the Diocesan Council’s review and approval of the budget October 10. For the first time, the budget includes all revenue streams, including program fees and grants, property sales and lease income, and investment income of Bishop and Trustees and the Clergy Relief Society. Total revenue is projected at $7,352,548. Please visit 2010 Budget for the full report. The budget handbook will be distributed at the annual convention November 21.

AUDITS AT THE PARISH OR MISSION LEVEL

Canon 39 of the Diocesan Canons and Canon 7 of The Episcopal Church require an annual audit for all entities, including discretionary funds. Audit guidelines have been established by The Episcopal Church and are included in its publication “The Manual of Business Methods in Church Affairs”. A copy of this manual has been sent to every congregation in the diocese by the bishop and is also available here in its most recent form. It includes an audit program. While a CPA audit is encouraged, public accountant and committee audits are permitted. If a committee audit is done, all members of the committee must be independent of the church’s treasury functions.

All congregations and entities must have a fiscal year that ends on December 31st.  The audit is to be conducted as soon as possible after the end of the calendar year and filed with the diocesan treasurer no later than September 1st. All accounts of the congregations are to be audited, including discretionary funds, the accounts of church organizations such as the ECW, and all restricted, endowed and property funds. An audit report is presented to the vestry and the minutes should officially record the receipt, acceptance and filing of the audit report.

For more information abount Audit Guidelines, please visit Audit Guide for Churches.