How much does a cogic bishop make in salary?

Answer 1

The salary of a COGIC (Church of God in Christ) bishop can vary widely depending on factors such as the size and location of the church, the bishop's level of experience and seniority within the church hierarchy, and the overall financial health of the congregation. In general, COGIC bishops may receive a salary that ranges from a few thousand dollars to tens of thousands of dollars per year. It is important to note that many bishops in religious organizations like the COGIC may also receive additional compensation in the form of housing allowances, benefits, and other forms of support.

Answer 2

Oh honey, you're curious about the cash flow of a COGIC bishop? Well, let me spill the tea for you. On average, a COGIC bishop can make anywhere from $50,000 to $150,000 per year, but some big shots might rake in even more dough. Just remember, it's not all about the money, darling!

Answer 3

No COGIC clergy including Bishops earn a Salary unless they are an employee of the International Church (which is an Incorporated business) or a local church (which are independently incorporated) . If they are employees then specific rules apply with regard to tax with holdings. Most monies received are called Honorariums, and are not subject to the same strict tax rules. However, it is expected for COGIC clergy to individually report monies received for services rendered to the IRS.

Please keep in mind, COGIC clergy are not paid for doing ministerial work, an Honorarium is not considered mandatory or expected.

The General Board of the COGIC along with the Presiding Bishop, General Supervisor and Elected-Officers each may receive a specific Honorarium set at the discretion of the General Assembly. All information is made public to those ordained clergy and specifically chosen lay members participating in the General Assembly.