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What are the Mormon Church owned businesses that are tax exempt?
Wiki User
∙ 11y ago
None. The Church of Jesus Christ of Latter-day Saints (the "Mormon" church) does not operate any businesses that are tax-exempt. They do operate some charities (which are always legally non-profit and tax exempt, but are also not considered businesses) and they operate a tax-exempt distribution service for church materials and supplies. (Items are produced and distributed at cost to congregations and individuals for religious purposes only, and therefore this doesn't really count as a 'business')
Wiki User
∙ 11y ago
Wiki User
∙ 10y agoYes, the Mormon church owns many for-profit businesses, mostly in real-estate and media holding, although they do own one for-profit retail store, Deseret Book.
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Do Mormon businesses support the Mormon community?
Businesses owned by members of the Church of Jesus Christ of Latter-day Saints (the "Mormon" church) financially support the owners and their families. Most Mormons choose to pay a tithe to the Church, which is 10% of their income. In that way, some profits of Mormon-owned businesses support the Church. Many Mormons own business that cater to the Mormon culture and community. These include things like modest clothing shops, food-storage and emergency prepardeness supplies, and religious books and music with Mormon themes. Check out the "related links" below for examples of Mormon-owned businesses that cater to the Mormon community. The Mormon Church itself doesn't really own any for-profit businesses, except for a few restaurants in Salt Lake City and a local newsmedia outlet. Most of their for-profit ventures are in real estate.
What businesses in the city of Las Vegas do members of the Mormon church own?
There are tens of thousands of businesses in the city of Las Vegas, and their owners are not required to disclose their religious beliefs. Moreover, there are more than 70,000 members of the Church of Jesus Christ of Latter-day Saints (the 'Mormon' church) in Las Vegas. Therefore, it would be impossible to know exactly how many businesses were owned by members of the Church. Las Vegas and surrounding cities such as North Las Vegas and Henderson do have a relatively large population of Mormons so it is likely that several businesses in the area are owned by Mormons.
Is the Edward Jones Financial Co owned or affiliated to the Mormon Church?
no
Is there a non-Mormon genealogy website?
Yes. Every genealogy website except familysearch.org is non-Mormon. Familysearch is owned by the Mormon church.
Is Kroger Morman owned?
No. Kroger is not affiliated with the Church of Jesus Christ of Latter-day Saints (commonly called the "Mormon" church) and was not founded, owned, or operated by members of the church. Kroger is owned by shareholders. The only retail stores owned and operated by the Mormon Church are Deseret Industries (a thrift store chain) and Deseret Book (a religious media and gift store).
Is it true the Mormon church owns dr pepper?
No. The Church of Jesus Christ of Latter-day Saints (the 'Mormon' church) does not and has never owned any beverage or food distributing company.
Have Mormon general authorities ever owned stock in union pacific railroad?
Individual general authorities of the Church of Jesus Christ of Latter-day Saints (the "Mormon" church) may own whatever stock they wish as independent indivduals. It would be impossible to know what stock every general authority has ever owned.
Is Swire owned by Mormons?
No. Swire is a public company owned by shareholders. Some shareholders may be members of the Mormon church, but Swire is not in any way affiliated with the Church.
Does the Mormon church own minutemaid?
No. MinuteMaid is owned by the CocaCola company. The CocaCola company is publicly traded and owned by stockholders, and has never been affiliated with the Church of Jesus Christ of Latter-day Saints (the "Mormon" church). The Mormon Church does not own any commercial food or beverage companies, nearly all of it's food production efforts are used in charitable and humanitarian functions.
Has Mormon church ever owned part or all of a beer company?
No. The Church of Jesus Christ of Latter-day Saints (commonly called the "Mormon" church) teaches that consumption of alcoholic beverages is against the will of God. The Church has never owned, in whole or in part, any company that produces, distributes, or sells alcoholic beverages.
Is Ally Bank Mormon owned?
Ally Bank is owned by GMAC Financial Services. None of the top executives at GMAC are members of the Church of Jesus Christ of Latter-day Saints (commonly called the "Mormon" Church). The Church itself is not affiliated with Ally Bank or GMAC in any way.
Is CBS own by Mormon?
No. CBS is owned by the CBS Corporation, a publicly traded company owned by shareholders. The CBS affiliate in Utah, KUTV-2, is also unaffiliated with the Church of Jesus Christ of Latter-day Saints (the 'Mormon' church) - it is owned and operated by the Sinclair Broadcast Group based out of Maryland.
