Finances and Salaries
In 2007 it earned $12,952,755, but spent $14,966,687 leaving a deficit of $-2,013,932. In addition, it Net Assets $-15,261,450. In that time, Richard earned $477,122 a year as president and CEO, his wife Lindsay earned $196,818 a year as executive vice president, and his late father Oral earned $161,872 a year as a trustee. Charity Navigator gives OREA an overall efficiency rating of 1 out of 4 stars. GuideStar reports it "produces 52 weekly television and radio programs, and 260 daily television programs to help spread the Gospel of Jesus Christ in the United States and throughout the world. These programs reach an estimated 800,000 people per week."
In 2010, the OREA' 990 showed Richard Roberts was paid $496,088 plus $95,150. He also received $202,402 in compensation from Oral Roberts University, which listed him as "former president." His wife, Linda Salem Roberts, is paid $75,255 plus $150,700 and D. Michael Bernard earned $175,228.
Read more about this topic: Oral Roberts Evangelistic Association
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