In order to benefit from the
provisions of Section 107 of the Internal Revenue Service
Code of 1954, and the IncomeTax Regulation 1.107, which
provides that the gross income of a minister does not
include the housing allowance, to the extent it is actually
used for expenses directly related to providing and
maintaining a home, and since each formal action is
permitted and will have no effect upon the church (and/or)
organization listed on this information sheet, we designate
50% of the ministerial compensation given to our guest
Minister, Danny Sinacori , as Housing Allowance