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JAK claims that the Mormon Church tries to transfer wealth from its members.. Since it is non-profit with no stockholders and the church basically can have no end-year profits, what exactly is the value of building up all this wealth other than providing services BACK to the members?

Welfare programs, church construction, temple contruction, free marriages, free social activities, charity work. I am not seeing this pattern of Evil Jak seems to see.

JMS

Since it is non-profit with no stockholders and the church basically can have no end-year profits

I think you misunderstand how non-profits work, josh. A non-profit organization CAN have year end "profits" or more accurately, a "balance" so long as the balance is earmarked for a purpose. This could have changed, but I don't think so.

Jersey Girl wrote:

Since it is non-profit with no stockholders and the church basically can have no end-year profits

I think you misunderstand how non-profits work, josh. A non-profit organization CAN have year end "profits" or more accurately, a "balance" so long as the balance is earmarked for a purpose. This could have changed, but I don't think so.

Yes, but it is not distributed profit. No one takes it home.

JMS

The organization itself takes it home, Josh. Here is a short list of companies owned by the LDS church:

Deseret Management Corporation - http://www.deseretmanagement.com/
Beneficial Financial Group - http://www.beneficialfinancialgroup.com/
Bonneville International - http://www.bonnint.com/
Bonneville Communications - http://www.bonneville.com/
Bonneville Interactive Services
Bonneville Satellite - http://www.bonnevillesatellite.com/
35 Radio Stations
1 Television Station (KSL)
Deseret Book - http://deseretbook.com/
Excel Entertainment - http://www.xelent.com/
Deseret Morning News - http://deseretnews.com/dn
Hawaii Reserves - http://www.hawaiireserves.com/
Polynesian Cultural Center (PCC) - http://www.polynesia.com/ and http://www.polynesia.co.jp/
La'ie Shopping Center
La'ie Park
La'ie Cemetary
Hukilau Beach Park
La'ie Water Company
La'ie Treatment Works (sewer)
Mstar.net - http://www.mstar.net/preportal/index.asp
Temple Square Hospitality - http://www.htsc.net/ and http://www.hoteltsc.com/
Weddings (JSMB and Lion House)
The Inn at Temple Square - http://www.diningattemplesquare.com/
Lion House Pantry - http://www.diningattemplesquare.com/
The Roof Restaurant - http://www.diningattemplesquare.com/
The Garden Restaurant - http://www.diningattemplesquare.com/
Passages Restaurant - http://www.diningattemplesquare.com/
Zions Securities Corporation - http://www.zsc.com/

Farm Management Corporation (commericial farms and agricultural properties)
Deseret Land and Livestock
200,000 acres of land in Rich, Morgan and Weber counties (Utah)
Sun Ranch (Martin's Cove)
Deseret Ranches of Florida (Orlando) (largest ranch in Florida)
Deseret Farms of California
Rolling Hills (Idaho)
West Hills Orchards (Elberta, Utah)
Cactus Lane Ranch (Arizona)
(more)

Corporation of the Presiding Bishop of the Church of Jesus Christ of Latter-day Saints (CPB)
Corporation of the President of the Church of Jesus Christ of Latter-day Saints
Deseret Trust Company
LDS Family Services
Property Reserves Inc. (PRI)
Ensign Peak Advisors - http://www.imno.org/articles.asp?qid=123

Deseret Mutual Benefit Administrators (DMBA) - http://www.dmba.com/

Brigham Young University (BYU) - http://home.BYU.edu/webapp/home/index.jsp
BYU - Idaho - http://www.byui.edu/
BYU - Hawaii - http://www.byuh.edu/index.jsp
LDS Business College - http://www.ldsbc.edu/

Agreserves Australia LTD Kooba Station,Australia.
Deseret Ranches of Alberta Raymond,AB Canada
Agreserves LTD Cambridge,England
AgroReservas, S.C. Los Mochis, Mexico
Deseret Farms of CA Woodland, CA
Deseret Farms of CA Modesto,CA
Deseret Farms of CA Chico,CA
South valley Farms Bakersfield, CA
Deseret Security Farms Blythe, CA
Naples Farms Naples,Florida
Deseret Cattle & Citrus ST. Cloud, Florida
Deseret Farms of Ruskin Ruskin, Florida
Kewela Plantation O'ahu,HI

Rex Ranch Ashby, NE
Riverbend Farms ST.Paul, OR
Deseret Land & Livestock Woodruff, UT
Wasatch-Dixie Farms Elberta, UT
Agreserves Cottle CO.,Texas
Agrinorthwest kennewick,Washington
Handcart Ranch Alcova, WY
Deseret Ranches of Wyoming Cody,WY

And let's not forget the newly added two billion dollar mall in downtown SLC.

*sigh*

And all of that without a single year-end audited report.

jskains wrote:JAK claims that the Mormon Church tries to transfer wealth from its members.. Since it is non-profit with no stockholders and the church basically can have no end-year profits, what exactly is the value of building up all this wealth other than providing services BACK to the members?

Welfare programs, church construction, temple contruction, free marriages, free social activities, charity work. I am not seeing this pattern of Evil Jak seems to see.

JMS

I think you need to look into business law, how nonprofits work and also look into inter operational financial mechanisms and logistical methods. Once you do that you will have a clear picture on how a small collection of Mormon families have ultimate power over who receives tithing funds. It all goes back to a select few. Its an oligarchy. There is no great conspiracy besides a system of patrilinear Mormon wealth that has a certain religion as its main source of contracts.

Those who give to this organization are chattel to the Mormon elite.

Mercury wrote:

jskains wrote:JAK claims that the Mormon Church tries to transfer wealth from its members.. Since it is non-profit with no stockholders and the church basically can have no end-year profits, what exactly is the value of building up all this wealth other than providing services BACK to the members?

Welfare programs, church construction, temple contruction, free marriages, free social activities, charity work. I am not seeing this pattern of Evil Jak seems to see.

JMS

I think you need to look into business law, how nonprofits work and also look into inter operational financial mechanisms and logistical methods. Once you do that you will have a clear picture on how a small collection of Mormon families have ultimate power over who receives tithing funds. It all goes back to a select few. Its an oligarchy. There is no great conspiracy besides a system of patrilinear Mormon wealth that has a certain religion as its main source of contracts.

Those who give to this organization are chattel to the Mormon elite.

Go away..

JMS

Mercury is quite right. All of this is well documented in Quinn's The Mormon Hierarchy: Extensions of Power.

Mister Scratch wrote:Mercury is quite right. All of this is well documented in Quinn's The Mormon Hierarchy: Extensions of Power.

Absolutely.. An unbias source.

JMS

jskains wrote:
Go away..

JMS

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