Kingdom Culture – Tag – MinistryWatch
Church Subsidiaries Protect Assets, but Complicate Accountability
Ministries are forming LLCs under their tax-exempt status, making it nearly impossible to hold leaders accountable.
June 28, 2023
Churches that want to reach beyond their congregations are forming subsidiaries to separate church-related projects and protect assets. Although it's compliant with IRS regulations, it often makes an organization less transparent to donors.
chat_bubble0 Comment
visibility402 Views
