Tag Archives: finances

Jim O’Bold Selected to Succeed Jeff Jenness as President of Servant Solutions

Jim O’Bold with his wife Felisia.

Merv Bennett, chair of the search committee and board of trustees of Servant Solutions announced that Jim O’Bold has been selected to become the sixth president in the seventy-year history of Servant Solutions. The naming of Rev. O’Bold as president-elect is subject to ratification by the General Assembly of the Church of God at Convention 2019 in Orlando, Florida. Continue reading

President of Servant Solutions to Retire, New President Sought

Jeff Jenness to retire at close of 2019.

Editor’s note—On January 28, 2019, Jeff Jenness announced his plans for retirement from his twenty-six year post as president of Servant Solutions. A letter from Jeff to the Church of God movement follows, as does a letter from board chair, Merv Bennett, about the search process for the next president of Servant Solutions:

Dear friends throughout the church,

I have had the rich privilege of serving the Church of God and the broader church for the last twenty-six years. There are simply no words that I can capture to express the joy I have received in doing this work of “improving financial security for servants of the church” through Servant Solutions. Over these years I have been privileged to intersect with countless church pastors and leaders, agencies of the Church of God, local church elders and boards, Christian higher education institutions, and many parachurch ministries. I have been enriched in ways so much greater than what I have given. Continue reading

Congregations Take Advantage of Free Tax Resources

New e-books offered through ChurchEXCEL.

By Carl Stagner

In case you haven’t been following the news, a variety of changes to tax law in the United States went into effect last year. The resulting impact on Church of God ministers and congregations must not be ignored. Pastor, are you aware of how the legislation effects minister’s taxes? Has your church accountant considered the tax law changes and what they mean for IRS reporting? Thanks to Church of God Ministries’ partnership with ECFA through ChurchEXCEL, Church of God congregations are already taking advantage of online access to everything you need to know about minister’s taxes and church reporting—absolutely free. Continue reading

Servant Solutions: Seven Decades of Dedication to the Movement

Servant Solutions staff meeting.

By Carl Stagner

In 1949, what was once strictly a retirement program for ministers of the Church of God came into being. Not everyone was ready for such a program, however, as a few questioned the lack of faith in God’s provision that allegedly accompanied enrollment. Received initially with mistrust, Servant Solutions has since become one of the most trusted partners of the Movement. With time, training, and technology, the former Board of Pensions of the Church of God has morphed into the holistic ministry of “improving financial security for servants of the church.” As Servant Solutions nears its seventy-year mark in ministry, it’s clear that the endorsed agency of the Church of God looks very little like it did at the beginning. But that’s more than okay with our pastors and their families, our missionaries, our local churches, and our educators. They’ve been unleashed to do what God has called them to do, more confident than ever in the expertise and faithfulness of today’s Servant Solutions. Continue reading

A Year of Living with Less: Ohio Pastor’s Family Accepts Radical Challenge

The Deeter family.

By Carl Stagner

No more trinkets or toys. No more new clothes or that pair of shoes you’ve just got to have. No more DVDs, home décor, or kitchen appliances—even if they’re on sale! Absolutely no more trips to the department store or the mall simply to browse the selection—that would be too tempting. Josh Deeter, pastor of First Church of God in Tallmadge, Ohio, and his wife Emily, accepted the challenge early this year to make 2018 their “year of living with less.” The goal: to stop buying things for an entire year. Don’t worry—they’re still buying deodorant, tooth paste, food to eat, and necessary items that break. Half-way through the year, they’ve learned a lot about themselves, how much God has truly blessed them, and that living with less can mean living for so much more. Continue reading

Will I Have Enough? Finding Contentment in Christ Alone

By Ryan Harter

Ron Blue, founder of Ronald Blue & Co. and author of numerous personal finance books, asks the question “How much is enough?” in his new Bible study “God Owns It All.” This seems like a simple question that can be answered by looking at your income, expenses, dreams, and goals. Even though the question is simple, the answer can leave many with a feeling of anxiety. The reason for the anxiety is not because what we have is too little or what we have is too much. The anxiety comes because no matter what we have, the answer to the question “How much is enough?” is almost always “More than I have right now.” Continue reading

Servant Solutions: Money Talks—Communicate with Your Family

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By Jim O’Bold

As the director of financial planning here at Servant Solutions, I have many “money talks” with our members about many aspects of their financial lives. Unfortunately, these important discussions do not often happen between those who would benefit most—our family members. Continue reading

Complimentary Philadelphia Registration Opportunity for Pastors

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By Carl Stagner

This is too good to pass up! If you’re a credentialed pastor in the Church of God, you and your spouse now have the opportunity to take advantage of complimentary registration for the Church of God Regional Convention and CHOG Table in Philadelphia, Pennsylvania, September 27–29. Yes, there is a catch. But this one you’ll appreciate! Sign up for the inaugural training seminar of CARE—Clergy Advocacy and Resource Effort—of the Church of God, and you’ll not only be granted free admission to Reclaim 2016 in Philadelphia, but you’ll also receive a modest voucher to assist in convention travel expenses. Far from a timeshare sales pitch, this event will train Church of God pastors and congregational board members with insights, best practices, and resources to understand, plan for, and manage pastoral compensation and financial matters. CARE is the new initiative funded by a Lilly grant awarded to Church of God Ministries in 2015. Continue reading

Servant Solutions’ Doug Hamlin Honored for 41 Years of Service

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Photo: Retirement banquet for Doug Hamlin.

By Carl Stagner

Pastors in the Church of God know how instrumental Servant Solutions has been to their ministry. From pensions to financial planning to ministerial tax information and investments, the staff have always been about “serving those who serve.” Only one, however, has been faithful to this task for forty-one years. Doug Hamlin has given oversight to the accounting process and daily operations of Servant Solutions—formerly the Board of Pensions—since 1975. For exemplary servant leadership over a remarkable career of ministry to ministers, the retiring Doug Hamlin was honored with a ceremony at Madison Park Church of God on the concluding evening of the three-day Anderson Regional Convention and CHOG Table experience. Continue reading

Church of God Ministries Announces Clergy Advocacy Resource Effort

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Church of God Ministries, Inc. has received a grant of $1 million as part of Lilly Endowment, Inc.’s National Initiative to Address Economic Challenges Facing Pastoral Leaders. The initiative supports a variety of religious organizations across the nation as they address the financial and economic struggles that can impair the ability of pastors to lead congregations effectively. Continue reading

AU SOT Receives Grant to Address Economic Issues Facing Future Ministers

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The Anderson University School of Theology has received a grant of $248,772 as part of Indianapolis-based Lilly Endowment Inc.’s Theological School Initiative to Address Economic Issues Facing Future Ministers. It is one of 67 theological schools across the country to receive this funding. Continue reading