As the nonprofit organization's president, Hagee drew $540,000 in compensation, as well as an additional $302,005 in compensation for his position as president of Cornerstone Church, according to GETV's tax statements. He also received $411,561 in benefits from GETV, including contributions to a retirement package for highly paid executives the IRS calls a "rabbi trust," so named because the first beneficiary of such an irrevocable trust was a rabbi.
The John Hagee Rabbi Trust includes a $2.1 million 7,969-acre ranch outside Brackettville, with five lodges, including a "main lodge" and a gun locker. It also includes a manager's house, a smokehouse, a skeet range and three barns.
Taken together, his payment package, $842,005 in compensation and $414,485 in benefits, was one of the highest, if not the highest, pay package for a nonprofit director in the San Antonio area in 2001.
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