MINISTRY OF TREASURY

The ministry of treasury manages all the financial activities of the church. It is responsible for all the incomes that come from the congregation’s tithes and offerings. The ministry consists of appointed brethren who have full of the Holy Spirit, wisdom and the love of God. These brethren, including the head of the treasury, have also the knowledge, skills and proficiency in financial and bookkeeping means. The treasurer of the ministry supervises all the processes of collecting, counting, depositing and balancing the income. Every week, under the supervision of the treasurer, ushers of the church collects the tithes and offerings, one person counts the tithes and offerings, and another person checks the balance. The ministry is independently responsible and accountable for all the regular expenses, payrolls, and assets or property of the church. For any expenses that are not regular, the ministry seeks approval and permission from the board of elders. The ministry also prepares all tax information. Previously, the financial roles and activities were strictly under the umbrella of the board of elders. On the basis of the word of God, “it is not desirable that elders should leave the word of God and serve tables” (Acts 6:2). Therefore, the board of elders, through prayer and in consultation with the congregation, decided to create a separate and independent ministry, the ministry of treasury. Every three months, the treasurer provides detailed financial reports to the board of elders; and every year, the treasurer gives summary of financial report to the congregation. The treasurer’s term is three years. The treasurer can be elected continuously. That is, the treasurer doesn’t have maximum number of terms.