Illinois Great Rivers Conference 2025 Journal-Yearbook
from a commercial annuity company that provides an annuity arising from benefits accrued under a GBOPHB plan, annuity, or fund authorized under the Discipline, that result from any service a clergyperson rendered to this Conference or that an active, a retired, or a disabled clergyperson of this Conference rendered to any local church, annual conference of the Church, general agency of the Church, other institution of the Church, former denomination that is now a part of the Church, or any other employer that employed the clergyperson to perform services related to the ministry of the Church, or its predecessors, and that elected to make contributions to, or accrue a benefit under, such a plan, annuity, or fund for such active, retired, or disabled clergyperson’s pension or disability as part of his or her gross compensation. NOTE: The rental/housing allowance that may be excluded from a clergyperson’s gross income in any year for federal income tax purposes is limited under Internal Revenue Code section 107(2) and regulations thereunder to the least of: (1) the amount of the rental/housing allowance designated by the clergyperson’s employer or other appropriate body of the Church (such as this Conference in the foregoing resolutions) for such year; (2) the amount actually expended by the Clergyperson to rent or provide a home in such year; or (3) the fair rental value of the home, including furnishings and appurtenances (such as a garage), plus the cost of utilities in such year.
Legislative Item 108: 2026 IGRC Spending Plan
Subject : The proposed Conference spending plan for 2026 Submitted by : The Conference Council on Finance and Administration The Conference Council on Finance and Administration (CCFA) unanimously ap- proved a 2026 IGRC Annual Spending Plan proposal of $7,304,107 as recommended by the IGRC Connectional Table. The 2026 Spending Plan reflects a $708,853 reduc- tion from 2025. CCFA provides the following IGRC 2026 spending plan and 2025- 2028 quadrennium budget goals. 1. CCFA is committed to continuing to reduce IGRC spending plan expenditures during the quadrennium (2025-2028). The goal is to provide the local church with an apportionment percentage in a reasonable range and to keep the IGRC reserve spending to a reasonable amount as we continue to align the annual spending plan expenditures to actual apportionment receipts. 2. CCFA approved a 2026 apportionment calculation of 11.2% of the 2024 local church general operating budget total as indicated in the local church reporting in AC Stats lines 39-47. The purpose of a set percentage for the local church is to ensure the percentage remains in a reasonable range for the local church with consideration of disaffiliations, church closures and economic challenges. Since 2014, the apportionment percentage ranged between 11.50%–15.02% of the local church operational expense. 3. CCFA has a goal to continue to reduce the local church apportionment percent- age to 10% by 2029 as illustrated below.
82 Legislative Items
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