corporations owned by the lds church
Post on 21-Jul-2015
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1. AgReserves, Inc.
http://www.agreserves.com/
Corporations Owned by the LDS Church
2. Bonneville International Corporation
“The 14th largest radio chain in America.”
http://bonneville.com/?nid=3/
Corporations Owned by the LDS Church
3. Farmland Reserve, Inc.
Corporations Owned by the LDS Church
4. Hawaii Reserves, Inc.
http://www.hawaiireserves.com/
Corporations Owned by the LDS Church
5. Beneficial Financial Group
http://www.beneficialfinancialgroup.com/
Corporations Owned by the LDS Church
“Time magazine estimated in 1996 that the church's assets exceeded $30 billion. This figure represents only one side of the balance sheet and does not include current liabilities for maintenance, although the LDS Church incurs virtually no long-term liabilities. After the Time article was published, the church responded that the financial figures in the article were ‘grossly exaggerated.’ Three years later, annual revenues were estimated to be $5 billion, with total assets at $25 to $30 billion.”
Source: http://en.wikipedia.org/wiki/Finances_of_The_Church_of_Jesus_Christ_of_Latter-day_Saints
“Time magazine estimated in 1996 that the church's assets exceeded $30 billion. This figure represents only one side of the balance sheet and does not include current liabilities for maintenance, although the LDS Church incurs virtually no long-term liabilities. After the Time article was published, the church responded that the financial figures in the article were ‘grossly exaggerated.’ Three years later, annual revenues were estimated to be $5 billion, with total assets at $25 to $30 billion.”
Source: http://en.wikipedia.org/wiki/Finances_of_The_Church_of_Jesus_Christ_of_Latter-day_Saints
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