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. Most leaders — tens of thousands of them — get paid zero. Their are thousands of paid employees, including mission pesidents, Seventies, CES instructors. The First Presidency has called 164 new mission presidents and companions who will begin service in July 2019. The following statements from LDS leaders explain their disapproval of a paid ministry. The president of the Church of Latter-day Saints, Thomas S. Monson died Tuesday aged 90, according to a statement by the church. 1873: President Ulysses S. Grant signed the bill that authorized his raise for his second term. Some general authorities are paid a stipend or modest salary for their work, as are mission presidents. The $50,000 salary would be worth $1.08 million in 2020. “We are a Church of lay leadership. 1789: The president's salary was $25,000.It would be worth around $740,000 in 2020. I explained also that our Church has no paid ministry.” President Thomas S. Monson, 2006 Ensign. A very small fraction or 108 LDS leaders get paid. 1909: William Taft received a $75,000 salary.It would be worth $2.15 million in 2020. “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. And that, from pay stubs leaked by LDS critics a few years ago, is $120K a year. The mormon mall is losing money. The LDS church is a multi billion dollar corporation with many for profit businesses. 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. It pulls in 5 to8 billion a year just in tithing. 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