Salem Media Group, one of the nation’s largest Christian broadcasters and the only one that is publicly traded (NASD: SALM) released its results for the quarter ended June 30, 2020. The results show continued deterioration ...
Moody's Investors Service downgraded Salem Media Group's “corporate family rating” and senior secured notes rating to Caa1 from B3. The future-looking outlook was also lowered from stable to negative. According to Moody’s, any company with a “C” rating is a “poor quality and very high credit ...
Colorado Springs is sometimes considered the center of the religious non-profit world. The mid-sized city in the shadow of Pike’s Peak is the home to thousands of churches and Christian ministries. The city's religious nonprofits receive more than $1.75 ...
The Largest Media Ministries in the Country
The value of non-profits is so great that our tax code treats them in a special way. Donors can deduct gifts to non-profits. The non-profits themselves are exempt from most taxes. In fact, what most of us ...
