On July 17, 2013, when faced with a set of foreclosure proceedings against his church, The Prayer Tabernacle Church of Love, totaling at least $8 million, the Reverend Kenneth Moales Jr., a key ally of Governor Dannel Malloy, Campaign Treasurer for Bridgeport Mayor Bill Finch and Chairman of the Bridgeport Board of Education, blithely dismissed the information telling the Connecticut Post,,
“My dad left me a millionaire, I’m fine, we’re fine, we don’t have any financial problems…we are having a banking issue.”
Eighteen months later, Kenneth Moales, Jr is now running in a special election in Bridgeport to fill a vacant seat in the Connecticut State Senate and his financial problems have continued to grow.
The latest news arrived via the “Only in Bridgeport” blog which reported, “Moales’ Daycare Facility Owes $10,000 in Back Taxes. [Also see: In the news again – Steve Perry’s point man in Bridgeport – The Reverend Kenneth Moales Jr.]
The day care centers owned by Moales’ family already owed back taxes in the summer of 2013, but the number has grown, despite the fact that the daycare centers have collected in excess of $5 million in taxpayer funds from the State of Connecticut.
In addition to the back taxes, various loans that Moales took out to build his church and renovate his mother’s house remain unpaid. Foundation Capital Resources, a company that lends money primarily to churches is owed at least $7.3 million dollars and there is still the unpaid loan to the now defunct Community Bank of Bridgeport. A number of vendors have also filed suit against Moales and his church claiming that they were not paid for work that they completed.
Kenneth Moales’ church owns 10 properties in Bridgeport including church buildings, some of which house his three daycare centers, and homes, including the house that Moales resides in.
When asked by the Connecticut Post in July 2013 about why Moales and the church had defaulted on their loans and failed to pay vendors, Moales retorted,
“Our church is very strong financially,” he said. “We have seen an increase in our membership (now more than 1,000) and a 40 percent increase in our revenue. I’m sure no other church in the city can say that.”
A defiant Moales told the Connecticut Post, “Our church will not lose a mailbox — never mind a piece of property in Bridgeport.”
And while families across Bridgeport and Connecticut continue to struggle financially with many losing their homes as a result of the Great Recession, Kenneth Moales Jr. seems to be blessed with the political cover to do as he likes.
And what Moales wants now is a seat in the Connecticut State Senate where he can continue his work on behalf of the charter school industry and the corporate education reform movement, all despite the fact that he sent his children to expensive private schools.
With the special election only twenty days away, be sure to check back for more about this “interesting” race for office. You can also find more at the Only in Bridgeport Blog and the Connecticut Post.