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Extras! Extras! Read All About It! Everything else that doesn't seem to fit anywhere else |
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04-17-2022, 04:52 PM | #1 |
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Who is Samuel Lee? Highest paid employee of LSM
This information is reported via LSM’s IRS Form 990. The most recent public filing is from 2019, and shows a Samuel Lee making over 100k surpassing Ron & Ed.
Who is Samuel Lee? |
04-17-2022, 09:13 PM | #2 |
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Re: Who is Samuel Lee? Highest paid employee of LSM
Probably the janitor.
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04-17-2022, 11:05 PM | #3 |
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Re: Who is Samuel Lee? Highest paid employee of LSM
I Don't know who he is. I don't buy any publishes from LSM ever since I know their teachings are not always biblical.
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04-18-2022, 03:45 AM | #4 |
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Re: Who is Samuel Lee? Highest paid employee of LSM
Samuel Lee is Philip Lee's son and Witness Lee's grandson.
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04-18-2022, 09:30 AM | #5 |
Οὕτως γὰρ ἠγάπησεν ὁ θεὸς τὸν κόσμον For God So Loved The World
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Re: Who is Samuel Lee? Highest paid employee of LSM
Hey Z, could you please link the source document for us. I see that Andrew Yu is listed and brother Yu passed away over a year ago. Thanks!
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04-18-2022, 11:13 AM | #6 | |
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Re: Who is Samuel Lee? Highest paid employee of LSM
Quote:
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04-28-2022, 08:09 AM | #7 |
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Re: Who is Samuel Lee? Highest paid employee of LSM
In an analysis made available by Minstrywatch.com, the same list was included with one exception. It had Samuel Lee with over $16,000 higher salary. All others were identical. It was for the year ended 12/31/2019. 2021 is probably not yet available, so even if everyone but Lee is at a fixed salary, the 2020 payment to Yu would probably have been the same.
I searched (Google) for "living stream ministry form 990" and found both this site with details of its income and balance sheet for 2019 and some prior years, and also the Form 990 for 2019 at another site. (It only had 40 out of 42 pages but included a link to get them all. Not sure if you had to sign up for it or pay anything, and I did not want to mess with it at the time.) I also note that the balance sheet was interesting. I admit that publishing hard-copy books requires assets, but $76M worth? And with only $2M in total liabilities? What are they doing with the rest of those "assets"
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