Office of Finance

The mission of the Chancery Finance Office is to support the central administration of the Diocese with accounting, financial planning, accounts payable, billing, accounts receivable, and investment management support; and assist parishes, schools, and other Diocesan entities with their obligations to be good financial stewards by building stronger financial systems and assisting with the implementation of best practices.

Whom to contact for what in the Chancery Finance Office? Download a helpful Reference Guide

• Audited-Financial-Statements-for-FY-Ended-6-30-23
• Audited Financial Statements for FY Ended 6-30-22
• Audited Financial Statements for FY Ended 6-30-21
• Audited Financial Statements for Fiscal Year ending 06-30-20
• Audited Financial Statements for Fiscal Year ending 06-30-19
• State of the Diocese Report – 2020
• Financial Transparency Report – 2017
• 2023 Catholic Appeal Revenue and Expenditures
• Parish Assessment: History, calculation and what it funds

Diocesan Councils and Committees

• Diocesan Finance Council
  • Finance Council Fact Sheet
  • Finance Council Charter
• Diocesan Audit Committee
• Diocesan Investment Committee
• Diocesan Real Estate Committee

Finance Council Meeting Agendas

• October 2023
• June 2023
• March 2023
• December 2022

Other Financials

• Assisi Housing Corporation FY23
• Catholic Memorial Home, Inc. FY22
• Catholic Social Services of Fall River, Inc. FY21
• Community Action for Better Housing Inc. FY23
• Madonna Manor, Inc. FY22
• Marian Manor, Inc. FY22
• Oscar Romero House, Inc. FY23
• Our Lady’s Haven, Inc. FY22
• Sacred Heart Home FY22
• Saint Vincent’s Services, Inc. FY22
• St. Dominic’s Apartments, Inc. FY23

Employee Retention Credit Information

• ERC Memo to Parishes & Schools
• Diocese of Fall River Aggregational Rules Analysis for ERC
• ERC Operational Impact
• ERC Presentation for Parishes & Schools (will download)
• ERC Webinar (May 31, 2023)
• ERC Update Presentation for Parishes and Schools (will download)
• ERC Update Webinar (Aug. 16, 2023)

Policies and Procedures

• Parish Finance Council Guidelines
• Parish Offertory Collections Policy
• Offertory Collection Resources
• Diocese of Fall River Investment Policy Statement
• Parish Living Guidelines
• Parish Administration – Stipends
• Parish Administration – Pastoral Assistance
• Parish Administration – Finance/Chancery basics
• Parish Administration – Best practices related to pastor reviews of financial transactions
• Parish Administration – Alcohol policy
• Parish Administration – Independent Contractors and 1099s
• Parish Administration – Clergy Compensation Structure
• Parish Administration – Priest Living Expenses
• Parish Administration – 2023 Expense Reimbursement Form
• Parish Administration – Personal Property Listing
• Parish Administration – Memo on Self-Employment Taxes for Priests
• Parish Administration – Preventing Cyberattacks

Training Aides

• Quickbooks Tip: Transferring Funds
• QuickBooks Sample Company Link
• QuickBooks Online Tips & Tricks
• QuickBooks Dual Factor Authentication
• QuickBooks On-Line Guide
• 15 things every business manager should know in QuickBooks
• Online Deposit and Loan utility: Getting started tutorial (video)
• Standard chart of accounts for PreK-8 schools
• Standard chart of account for parishes

External Links and other important documents

• Fall River Diocese receives high grade in annual VOTF report (The Anchor)
• USCCB Diocesan Financial Management (A Guide to best practices)
• USCCB Socially Responsible Investment Guidelines-Nov. 2021
• RCB Articles of Organization
• RCB Articles of Amendment (from the installation of Bishop da Cunha)
• 2022 IRS Determination Letter
• 2022 Kenedy Official Catholic Directory (Diocese of Fall River pages)
• Managing the Business Risk of Fraud: A Practical Guide