Bethel Church-Related Ministries Reported for Possible PPP Loan Fraud
(TrinityFi) After reviewing recently published Form 990s, Trinity Foundation has reported two of three non-profit organizations affiliated with Bill Johnson’s California megachurch Bethel Redding for possible Paycheck Protection Program (PPP) loan fraud.
Trinity Foundation reported Bethel Media and Bethel School of Technology, but not Bethel Music, to the Small Business Administration. Let’s take a look at their loans and Form 990s.
The loan program was authorized by Congress to help small businesses and non-profit organizations retain employees during the Covid-19 pandemic. However, all three organizations report zero employees on page one of their latest Form 990s, but it is possible they use independent contractors.
(Photo: Bethel Media Form 990, page 1, line 5 reports zero employees.)
In 2020, Bethel Media received a PPP loan for retaining 77 jobs and in 2021 received a second loan for retaining 50 jobs. According to ProPublica’s Tracking PPP database, Bethel Media received…
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Editor’s Note, This article was written by Barry Bowen and published at TrinityFi.
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