Greed: Dr. Hagee, Christianity's Baddest Boy
Matthew 6:24
“No one can serve two masters. Either he will hate the one and love the other, or he will be devoted to the one and despise the other. You cannot serve both God and Money."
After conducting the survey of executive pay for the top 27 media ministries, I was shocked to see how far out-of-line Dr. Hagee (Global Evangelism Television) is. According to the study (click here for the study, or here to download the spreadsheet), the average executive pay for this group of 27 ministries is $143,000 (which is reasonable). Here are the distressing facts about Dr. Hagee (a terrible show of lack of stewardship):
1. Dr. Hagee's compensation was over 6x the average (that's 600%)! That's $900,000 for 2002, working an average work week of 16 hrs ($1,081 per hour). This is an obvious IRS violation for excessive compensation, based on the average pay of his peers.
2. Diane Hagee, Dr. John Hagee's wife, is on the Board of Directors and makes $100,000 for 20 hrs of work per week ($96 per hour).
3. Matthew Hagee (John and Diane's son) made $14,650 for 5 hrs. per week ($56 per hour).
4. The Board of Directors consist of these three, plus one other person who was paid $0 for an average of 1 hr. per week. Obviously, this Board is controlled by Dr. Hagee and his family, an IRS violation. (Nonprofits are forbidden to operate for the personal gain of an individual or family; they are to operate for the public good. The IRS is well aware of scammers setting up operations for personal gain... it has been tried many times. Click here for the dictionary definition of nepotism, of which this is a classic shameful case.)
5. Dr. Hagee is also Pastor of Cornerstone Church (click here for details). He also receives an unknown salary from this Church. He may also get an unknown amount of money from royalties of publications. These are unknown, because he is not required to report it.
How much should he make? The average for his peers was about $140,000 per year. This would be quite generous for Dr. Hagee, because the revenue of his organization is substantially less than the average of his peers (generally a larger revenue commands more compensation).
It's my opinion that the IRS won't do anything unless there is a public outcry. They are very hesitant to get into relgious organizations, because of the ideals of the wall of seperation of state and religion in the USA. It's up to you to be a good steward. Dr. Hagee needs to publically repent (including making retribution for these outragous salaries), at best. At worst, he needs to be shut down.
You can help by exposing him. Send the link of this page to your Christian friends. Our Lord Jesus cleared the temple once (Matt. 21:12-13), that should be enough to teach us to clean our own house. We need to demand stewardship from our leaders... they should be role-models of good stewardship! (Thank God we have great role-models with organizations such as "Focus on the Family" & "Coral Ridge Ministries.")