The mormon mall is losing money. 1873: President Ulysses S. Grant signed the bill that authorized his raise for his second term. Secondly, the pretense that the mission presidents are unpaid volunteers is akin to saying the CEO’s of corporations aren’t millionaires when paid only a $200,000 salary but are gifted $5,000,000 to $10,000,000 bonuses and stock options. The $50,000 salary would be worth $1.08 million in 2020. 1909: William Taft received a $75,000 salary.It would be worth $2.15 million in 2020. Yes, there are a select few Mormons in the world who are paid for their service in the church. Do ANY Mormons Get Stipends or Pay In Return for Their Service? Some general authorities are paid a stipend or modest salary for their work, as are mission presidents. The following statements from LDS leaders explain their disapproval of a paid ministry. A very small fraction or 108 LDS leaders get paid. The LDS church is a multi billion dollar corporation with many for profit businesses. It pulls in 5 to8 billion a year just in tithing. And that, from pay stubs leaked by LDS critics a few years ago, is $120K a year. “We are a Church of lay leadership. Much less than most leaders in other faiths who occupy similar presiding rank. Mission Presidents get that treatment, but for a shorter period of time, and most of them are far outside the community where they have been working. Most leaders — tens of thousands of them — get paid zero. 1789: The president's salary was $25,000.It would be worth around $740,000 in 2020. Mormon authorities take tithing money and spend it on malls, mission presidents, and themselves. The president of the Church of Latter-day Saints, Thomas S. Monson died Tuesday aged 90, according to a statement by the church. “In the Church of Jesus Christ of Latter-day Saints there is no paid ministry, no professional clergy, as is common in other churches.” Elder Boyd K. Packer, 1979 Liahona. 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