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Deseret Management Corporation was created in 1966.

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11y ago

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Do you mean 'What companies are controlled through the LDS?' If so. The Church of Jesus Christ of Latter-day Saints oversees the Deseret Management Corporation. This is a parent company for their for-profit ventures. The companies under Deseret Holding (and in turn the LDS Church) are: Deseret Property Management: owns and rents real estate, mostly in downtown Salt Lake City. Deseret Book: a religious book store Deseret News/Deseret Digital/KSL: a local newspaper, website, and tv station in Utah Bonneville International: owns several radio stations throughout the US (in LA, Chicago, Washington DC, Seattle, Phoenix, St. Louis, Cincinnatti, and Salt Lake) Beneficial Financial: life insurance company (currently being phased out) Temple Square Hospitality: operates reception centers and restaurants on Temple Square. They also operate some non-profits, such as Deseret Ranches and Farms, Deseret Transportation and Deseret Industries. Check out the "Related Links" to go to the website of Deseret Management Corporation.


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Deseret holding corporation own?

Can't answer this question. Need to rephrase question.


Does the Mormon church own ally bank?

No. The Church of Jesus Christ of Latter-day Saints (commonly called the "Mormon" Church) does not own or operate any banks. The Church owns Deseret Management Corporation, which is holding company. Deseret Management operates several media sources in the Western U.S., including Deseret News, Bonneville International, and KSL Broadcasting. They also operate Deseret Book (a religious book and media store), Temple Square Hospitality (a collection of restaraunts and reception centers in Salt Lake City), and Beneficial Financial group. The Church also owns and operates many not-for-profit charitable organizations, including Deseret Industries (a thrift store), LDS Family Services, and grows, processes, packages, and donates food to various community sources and food banks. Deseret Management's website is at the "Related Link" below.