Page 1 of 3
How much $$ are General Authorities paid?
Posted: Wed Jul 11, 2012 7:52 pm
by _kjones
I'm active LDS, a believer, but I have always been bothered by the fact that, since the mid-90's or so, GAs seem to be getting paid a lot of money. Some of the Twelve, for example...some were wealthy, or at least well off, at the time of their calls; others, however, were not. Elders Holland and Packer were educators, for example, but Elder Holland has a very nice up-market vacation home in Hobble Creek (I assume it is his vacation home, it may be it is his primary residence), and I have seen Elder Packer's compound in the south valley. Pres. Monson was an advertising exec for Deseret News at the time of his call...hardly a highly paid position, so I doubt he came to the Twelve with any money, also considering he'd spent three years before as a mission prez in Canada. But today he appears to be a fairly wealthy man. I've heard he has a vacation home in Washington County, and quite a spread of land, home, etc., in Salt Lake.
Where did the money come from for all of this? There is not a single one of the Twelve you would characterize as living modestly, the way, say, Elder McConkie always lived, or Prez Kimball, Joseph Fielding Smith...all those old guys. They really did live modestly, and they never had much money. But not so today. This modest "stipend" we are supposed to believe they receive? How much is this really, how much are they getting paid? And why isn't this information available to us, tithe paying members? When we go into tithing settlement every year, we basically declare how much money we made in the year before. Why doesn't the church disclose to us how much GAs are paid? Are they hiding something? Would it be a cause for embarrassment?
I think the whole City Creek thing, Prez Monson cutting the ribbon while declaring, "1, 2, 3...let's go shopping!"...it has all bothered me and is partly the reason I'm thinking about any of this.
Re: How much $$ are General Authorities paid?
Posted: Wed Jul 11, 2012 8:23 pm
by _SteelHead
The recent business week article stated that one of the holding co. Execs is makng about 300k a year. So my guess is the 15 make over 300k a year plus perks.
Re: How much $$ are General Authorities paid?
Posted: Wed Jul 11, 2012 8:30 pm
by _Tobin
Simple solution. Don't give money to the Church. Problem solved.
What I do is pay my tithing to a good set of charities with a good track record. They are accountable, almost all of the money goes to the cause, and I feel I'm living tithing as well as any other LDS.
Re: How much $$ are General Authorities paid?
Posted: Wed Jul 11, 2012 8:31 pm
by _subgenius
kjones wrote:I'm active LDS, a believer, but I have always been bothered by the fact that, since the mid-90's or so, GAs seem to be getting paid a lot of money. Some of the Twelve, for example...some were wealthy, or at least well off, at the time of their calls; others, however, were not. Elders Holland and Packer were educators, for example, but Elder Holland has a very nice up-market vacation home in Hobble Creek (I assume it is his vacation home, it may be it is his primary residence), and I have seen Elder Packer's compound in the south valley. Pres. Monson was an advertising exec for Deseret News at the time of his call...hardly a highly paid position, so I doubt he came to the Twelve with any money, also considering he'd spent three years before as a mission prez in Canada. But today he appears to be a fairly wealthy man. I've heard he has a vacation home in Washington County, and quite a spread of land, home, etc., in Salt Lake.
Where did the money come from for all of this? There is not a single one of the Twelve you would characterize as living modestly, the way, say, Elder McConkie always lived, or Prez Kimball, Joseph Fielding Smith...all those old guys. They really did live modestly, and they never had much money. But not so today. This modest "stipend" we are supposed to believe they receive? How much is this really, how much are they getting paid? And why isn't this information available to us, tithe paying members? When we go into tithing settlement every year, we basically declare how much money we made in the year before. Why doesn't the church disclose to us how much GAs are paid? Are they hiding something? Would it be a cause for embarrassment?
I think the whole City Creek thing, Prez Monson cutting the ribbon while declaring, "1, 2, 3...let's go shopping!"...it has all bothered me and is partly the reason I'm thinking about any of this.
I believe the Apostles take in about $70k a year via a stipend, or "living expense" - which is money received by the for-profit entities of the church, never from tithing.
However, one must realize that the key to living "well" is not by revenue but by expenses. For example, my revenue is quite generous and i consider myself blessed...and some may consider that i "spend" a lot, but there is effort required in acquiring what i have, and this effort is not by spending but by not spending. Coupons, tax deductions, necessities, etc..all play a more important role than my income.
I would imagine that creative tax strategies, available to anyone, are what enable some of these "perks" you perceive.
As for tithing settlements...they in no way are a disclosure of your yearly income, they are personal and unpublished. I have never been asked if i tithed "10% of income"...it has always been if i was a full tithe payer, and i have always been honest in response...and have never objected to the tax benefit it affords my family.
Re: How much $$ are General Authorities paid?
Posted: Thu Jul 12, 2012 1:49 am
by _moksha
Good luck with finding anything. Swiss bank officials are very discreet.
Re: How much $$ are General Authorities paid?
Posted: Thu Jul 12, 2012 3:18 am
by _hatersinmyward
Book Sales, It's a comandment to buy any publication published by a member of the 15.
$30.00 x 2,000,000 copies sold.
Re: How much $$ are General Authorities paid?
Posted: Thu Jul 12, 2012 1:44 pm
by _subgenius
kjones wrote:I a very hard time believing the amount is around 70k. I personally know a Seventy from Mexico, living in Salt Lake City, who came to the call with no money, and he is getting more than 70k...he has to be, given the home he is living in, the things I see around the house, and things he has inadvertently dropped. (One of my kids pals around with one of his kids, from time to time.) I think the 70k is the way it used to be. My dad was a mission prez and used to boast that "the brethren are paid the same as I'm paid...no more, no less." And back in that day, this was true. But not so today, it seems to me....
glad you are basing your speculation on "he has to be".....perceived value is not the same as actual value.
The home he lives in may be the result of good credit and a favorable loan...or he may have borrowed more than he should....or are you assuming it was paid for in cash?
I know plenty of poor people with great and seemingly expensive homes.
And what things has he "inadvertently dropped"? gold bars?
If you personally know the feller then surely you know the amount he makes...unless you don't know him like that, at which case you don't know him like that and what you are saying here is likely speculation from that green-eyed feller inside you.
Re: How much $$ are General Authorities paid?
Posted: Thu Jul 12, 2012 1:57 pm
by _Drifting
subgenius wrote:kjones wrote:I a very hard time believing the amount is around 70k. I personally know a Seventy from Mexico, living in Salt Lake City, who came to the call with no money, and he is getting more than 70k...he has to be, given the home he is living in, the things I see around the house, and things he has inadvertently dropped. (One of my kids pals around with one of his kids, from time to time.) I think the 70k is the way it used to be. My dad was a mission prez and used to boast that "the brethren are paid the same as I'm paid...no more, no less." And back in that day, this was true. But not so today, it seems to me....
glad you are basing your speculation on "he has to be".....perceived value is not the same as actual value.
The home he lives in may be the result of good credit and a favorable loan...or he may have borrowed more than he should....or are you assuming it was paid for in cash?
I know plenty of poor people with great and seemingly expensive homes.
And what things has he "inadvertently dropped"? gold bars?
If you personally know the feller then surely you know the amount he makes...unless you don't know him like that, at which case you don't know him like that and what you are saying here is likely speculation from that green-eyed feller inside you.
Sub, what are you basing your $70k a year speculation on?
Re: How much $$ are General Authorities paid?
Posted: Thu Jul 12, 2012 8:07 pm
by _subgenius
Drifting wrote:Sub, what are you basing your $70k a year speculation on?
admittedly, other people's testimony, but i have no reason to be too skeptical
HERE
Re: How much $$ are General Authorities paid?
Posted: Thu Jul 12, 2012 8:09 pm
by _kjones
deleted