Mortgage for over $18 million not including interest payments
So some quick numbers; for debt service: $29 million divided by 5,500 members equals $5,300 per member plus interest, and then the overhead and operating carrying costs of two locations.
Call me crazy but this seems like a lot to ask especially in this economic environment.
If you throw in operating costs, debt service, large salaries for the corporate hierarchy, it would easily come up to $10,000.00 per person per year. Knowing that they tithe, that would imply that their members makes $100,000.00 K per year
That does seem like an awful lot of money for his clientelle. Is that believable?
What the hell is going on here?
Also, - - -
I wonder if US taxpayers are going to be helping him with this bad debt - - -
