4um: Critics say John Hagee's compensation is too high

Title: Critics say John Hagee's compensation is too high
Source: Rick Ross Institute
URL Source: http://www.rickross.com/reference/tv_preachers/tv_preachers7.html
Published: Jun 20, 2003
Author: Analisa Nazareno
Post Date: 2010-06-10 14:37:20 by X-15
Keywords: None
Views: 309
Comments: 18

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.

You know how the government puts "SMOKING CAN CAUSE CANCER" boldly on all tobacco products?

There should be a "TELEVANGELISTS WILL RIP YOU OFF" warning on the modern-day money changers.

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Bernie Goldberg will sell him a pair of bermuda shorts and a t-shirt at the kiosk next to the entrance to Hell.