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Inspiration Networks has drawn scrutiny for up to $26 million in incentives it won from South Carolina to move from Charlotte to Indian Land, S.C., in Lancaster County. The network's revenues are expected to approach $100 million, largely donations from people who are told God favors those who donate.
Cerullo has said 80 cents of each donated dollar is spent to spread the gospel.
In addition to laying off workers, the newspaper reported, the ministry froze wages and stopped making contributions to 401(k) retirement accounts. The thermostat on the network's new building was cut to 65 degrees during the winter.
N.Y. pastor resigns after just 2 months
NEW YORK (AP) — The pastor of New York City's Riverside Church has resigned after only two months.
The Rev. Brad Braxton notified the church's board of his decision Monday night.
He has been criticized for his $600,000-plus salary package, which included a $250,000 annual salary and $11,500 living allowance. The package was approved by church members.
Dissidents unsuccessfully tried to block his installation by going to court. They charged the package strained the church's budget.
The cathedral on Manhattan's Upper West Side was built by John D. Rockefeller.
A church spokeswoman said Braxton's "end date will be determined after further discussion with church leadership."
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