Tornado Alley (PROG)

[tinner]

A megachurch went belly up here last year after the leader stole it blind.




KC-area megachurch closing after foreclosure
Posted: September 5, 2011 - 5:51pmBy The Associated Press
KC-area megachurch closing after foreclosure
AP
September 5, 2011 5:51 PM EDT
Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
OVERLAND PARK — A suburban Kansas City church that once boasted more than 4,000 members has been forced out of its building by financial problems.

After facing foreclosure for several months, First Family Church officials announced Sunday the church is losing its building in Overland Park.

The church plans to reopen Sept. 18 at Olathe East High School under the name New Day Church Kansas City.

The Kansas City Star reports (http://bit.ly/pmco0X ) Regions Bank said in a foreclosure petition in January that the church owed more than $14 million in mortgage and other costs.

Four years ago, the church had 4,200 members, a $17 million annual budget and a TV ministry that had gone global. But attendance began to drop amid complaints about how the church’s finances were handled.

http://cjonline.com/news/2011-09-05/kc-area-megachurch-closing-after-foreclosure