![]() ![]() While the ministry seeks a protective order to prevent disclosure of individual salaries, a lawyer for the ministry revealed in a May 26 letter the salaries of its highest-paid employees, including $216,000 for Swaggart family members in an unspecified year. Between 1979-83, the ministry collected more than $37 million in excess revenues. The ministry contends it does not make a profit, but a 1982 financial statement showed $11.9 million in ″excess revenues″ after expenses. The church’s net worth increased $65.8 million in that six-year period, while assets tripled between 19 to $112.8 million. Financial statements show contributions have increased about 25 percent annually since 1979. ![]() The ministry collected $455.8 million in contributions and sales of religious materials from 1978-85. So far, the Lawyer reported, financial records provided by the ministry have provided these details: Swaggart contends the facilities are tax-exempt.Ī hearing is scheduled for July 17 on a motion for sanctions against the church for its alleged reluctance to obey discovery orders. KJOJ is one of the ministry’s six Christian radio stations in Texas. The Conroe Independent School District, the city of Shenandoah and Montgomery County claim that Swaggart-owned radio station KJOJ owes $157,000 in taxes on three pieces of property.
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