Mormon Church

The corporate side of the Mormon Church

I was surprised to learn how the Mormon Church makes money. I had no idea they were involved in so many for-profit business ventures: First among its for-profit enterprises is DMC, which reaps estimated annual revenue of $1.2 billion from six subsidiaries, according to the business information and analysis firm Hoover’s Company Records (DNB). Those … Continue Reading →

Mormon Church subsidiary facilitates sale of unregulated guns

The Mormon Church isn’t just a house of worship, it’s a business too. In fact it’s a huge corporate conglomerate with many commercial subsidiaries, including “one of the most active and unregulated gun sale websites in America.” The site, KSL.com, is owned by Deseret Media, one of the for-profit enterprises of the Mormon Church. It … Continue Reading →