Televangelist building $4m home despite layoffs at his ministry
Associated Press - 7/2/2009 5:20:00 AM
CHARLOTTE, N.C.- A religious broadcaster is reportedly building a $4 million home at the same time his ministry has cut jobs and reset thermostats to save money in its new headquarters.
The Charlotte Observer reports that Inspiration Networks' CEO David Cerullo is building the 9,000-square-foot lakefront home in a gated community in South Carolina.
Meanwhile, the newspaper reports that the ministry is laying off workers and has frozen wages and stopped making contributions to employee retirement accounts.
Iowa Sen. Charles Grassley is investigating the finances of other religious broadcasters and told the newspaper that televangelists should not spend viewers' tax-exempt donations on extravagant lifestyles.
Cerullo, who receives $1.5 million in compensation, has said that 80 cents of each donated dollar is used to spread the Gospel.
www.onenewsnow.com
Christ First Forum
Putting Christ First and fellowshipping with the brethren. Winning the Lost and standing for the uncompromising word of God.
| Welcome |
|---|
| Welcome to Christ First Forum. You are currently viewing our boards as a guest, which gives you limited access to view most discussions and access our other features. By joining our free community, you will have access to post topics, communicate privately with other members (PM), respond to polls, upload content, and access many other special features. Registration is fast, simple, and absolutely free, so please join us for Christian fellowship and friendly discussions.? Looking forward to you joining our community today! |
Televangelist building $4m home despite layoffs at his minis
Moderators: Carmela, JWayne, Remnant, AHeartofJoye
3 posts
• Page 1 of 1
Re: Televangelist building $4m home despite layoffs at his minis
by Remnant » 02 Jul 2009, 10:11
Cerullo, who receives $1.5 million in compensation, has said that 80 cents of each donated dollar is used to spread the Gospel.
Yea! Right! I wonder if this is Morris Cerullo son?
Just another sign of someone fleecing the flock!
Re: Televangelist building $4m home despite layoffs at his minis
by Carmela » 02 Jul 2009, 14:19
Remnant wrote:Cerullo, who receives $1.5 million in compensation, has said that 80 cents of each donated dollar is used to spread the Gospel.
Yea! Right! I wonder if this is Morris Cerullo son?
Just another sign of someone fleecing the flock!
Yep! I, too, wonder if he's Morris' son. Morris himself, has some issues so I guess "like father, like son".
-
Carmela - Moderator
- Posts: 3817
- Joined: 06 May 2008, 10:51
3 posts
• Page 1 of 1
Who is online
Users browsing this forum: Google [Bot] and 0 guests
