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AgReserves, Inc. (AgReserves) is a multinational agriculture for-profit company ultimately owned by the Church of Jesus Christ of Latter-day Saints (LDS Church) and based in Salt Lake City, Utah. It is speculated that AgReserves holds the "most valuable private real estate portfolio in the U.S." [1]
The company's first CEO, Clark Gilbert, [1] served from DDM's founding in 2009 until 2015 when he was named president of BYU-Idaho. [2] Gilbert later became an LDS Church general authority and as of 2024 continues to serve as the commissioner of the Church Educational System. [3] Greg Peterson was DDM's president from 2016 to 2021. [4]
Deseret Management Corporation (DMC) (/ ˌ d ɛ z ə ˈ r ɛ t / ⓘ) [1] is an American operating company, managing select global, for-profit entities affiliated with the Church of Jesus Christ of Latter-day Saints (LDS Church). It was established in 1966 [2] by church president David O. McKay [3] to hold already-existing church media assets. [4]
The Church of Jesus Christ of Latter-day Saints paid $174.3 million for warehouses at Beacon Logistics Park in Hialeah at 4120 and 4220 West 91st Place on Friday, January 5, 2024.
Official church membership as a percentage of general population was 0.82% in 2014. According to the 2014 Pew Forum on Religion & Public Life survey, roughly 1% of North Carolinans self-identify themselves most closely with The Church of Jesus Christ of Latter-day Saints. [3] The LDS Church is the 8th largest denomination in North Carolina. [4]
The investment arm of the Mormon church revealed its stock holdings in a 13F filing last week. The church has amassed a portfolio of individual stocks worth $55 billion. A top AI stock is a new ...
Deseret Industries (/ ˌ d ɛ z ə ˈ r ɛ t / ⓘ) [1] (known locally as DI) is a non-profit organization and a division of the welfare services provided by the Church of Jesus Christ of Latter-day Saints (LDS Church). DI thrift stores are similar to the well-known Goodwill Industries.
The LDS church’s investment branch, Property Reserve, purchased the 1.3-million-square-foot site from Codina Partners. It is not yet clear what the church plans to do with the massive property.