District Remittance Form
(Church, WM, Youth and CE tithe, District projects and Designations)
Churches are asked to use the District Remittance Form to ensue that funds remitted are designated to the appropriate accounts.
District Financial statements are audited and presented annually at the District Conference. Copies are made available to all churches and to all credential holders of the ABNWT District. Please email our office for more information.
Church tithe giving statements are mailed annually in November to all churches.
Christians are not exempt from dealing with financial management and stewardship issues. Biblical principles relating to personal finances are found throughout Scripture. The use of money is such a common occurrence in everyday living one would expect the Bible to have some directions and guidelines. In fact, there are about 2,350 verses in the Bible that talk about money and material possessions – 16 out of the 38 parables in the Gospels deal with these issues.
Radical Stewardship is a 50-minute seminar that presents Biblical principles dealing with budgeting, debt reduction, money management, retirement and estate planning. It is a practical, easy-to-understand talk everyone in the church can relate to no matter what stage of life or financial status. Stewardship Services with The Pentecostal Assemblies of Canada cares about families and their Biblical understanding of financial matters, and wants to help those in our churches plan effectively for the future. We recognize the need for a diverse set of tools to help establish and maintain healthy stewardship and achieve godly goals in all aspects of family life. Radical Stewardship is presented by one of the Stewardship representatives on a Sunday morning in the local church.
Statistics tell us that more than half of Canadian adults do not have a financial plan and a written will. On request following the presentation, we assist constituents with writing of personal wills and Power of Attorney documents free of charge.
The purchase of charitable gift annuities is another service of PAOC Stewardship Services. A gift annuity is an investment purchased from the PAOC, which guarantees an individual and his/her spouse a fixed, quarterly income for the rest of their lives. This quarterly amount is usually higher than any other kind of secured investment. Minimum investment is $10,000.
It is the goal of Stewardship Services to bless our churches and constituents as we incorporate Biblical stewardship principles with financial planning decisions in all aspects of their lives.
For more information about having a Radical Stewardship seminar in your church or purchasing charitable gift annuities, please contact Stewardship Services:
The Pentecostal Assemblies of Canada
2450 Milltower Court
Mississauga, ON L5N 5Z6
Sharon Thomson at firstname.lastname@example.org
Clergy Residence Deduction
When an employee is eligible to claim the Clergy Residence Deduction, the individual must enter the amount of that deduction when filing the T-1 General Income Tax Return. That amount is determined by completing the T-1223 form. You can download a PDF version of the form by clicking on the link. The form has 3 parts to be completed. The church or ministry as the employer will need to complete one of those parts. For more information on the Clergy Residence Deduction, you can download Interpretation Bulletin IT-141 .
Requirements for Donation Receipts
The Canada Revenue Agency has requirements for official donation receipts. Registered charities have to include the name and Web site address of the Canada Revenue Agency on official donation receipts. You can read more details on the Charities website.
Registered Charity Information Return (T3010)
Every church and ministry that has a Charitable Registration number issued by the Canada Revenue Agency (CRA) must file an information return annually with the CRA. The return must be filed no later than six months after the end of the church or ministry’s fiscal period. You can check the CRA’s website for more information about this and other items at the Charities Directorate website.
When completing the T3010 form, a registered charity will need to report gifts made to other registered charities or “qualified donees”. That includes support of the Alberta & NWT District,Vanguard College and World Missions with The Pentecostal Assemblies of Canada. You will need to include in that report the Charitable Registration number of the qualified donees amongst other information. Below are the Charitable Registration number for the following:
- Alberta & NWT District of The Pentecostal Assemblies of Canada – 118780279 RR 0001
- The Pentecostal Assemblies of Canada – 107833295 RR 0374
- Vanguard College – 107785628 RR 0001
For more information, email Phil Doroshuk.Email Phil