Thursday, November 29, 2012

Senate Report on Religious Organizations Accountability

First Commission Report to be Issued December 4

The first report of the Commission on Accountability and Policy for Religious Organizations is scheduled for release to Senator Charles Grassley, member of the Senate Finance Committee, on December 4, 2012.

The initial report, culminating from the work of 80 nationally-recognized professionals, will cover all of the issues under consideration (housing allowance, love offerings, compensation of nonprofit leaders, church reporting to the IRS, and more!) except the political activity issue. This topic will be covered in a separate Commission report in 2013.

ECFA members will receive a complimentary hard copy of the report, and it will be available in an electronic version on ECFA's website.

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