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From another source: “The PBS special ‘The Mormons’ estimated the LDS Church is worth some $80 Billion. That estimate is probably low. It’s likely worth over $100 Billion as it is the wealthiest per capita religion in the world with annual tax-free revenues estimated to be $6 Billion per year. The LDS Church owns 928,000 acres in North America, is the largest ranch land owner in Wyoming, is the 2nd largest land owner in Nebraska (Ted Turner #1), has the largest cattle ranch in 48 states (Adjacent to Disneyworld in Florida), is the largest foreign landowner in UK. The LDS Church owns several businesses, numerous radio and television stations, its own insurance company, and is rumored to be the largest single producer of commercial beef in the USA. They own enormous properties in Hawaii including a Marriott hotel franchise in Hawaii, the Polynesian Cultural Center (which is the most visited tourist attraction in Hawaii), as well as of course Brigham Young University and thousands of chapels and meetinghouses worldwide. They also own shopping malls, are involved in property development and own enormous quantities of stock in many corporations.” –The Mormon Thinkers Organization. Secondary source: Do Mormons Think They're Better Than Christians?

Please note re: the many farms the Lds church owns & operates: Do you realize that they keep up a good chunk of it w/"volunteers" who earn nothing? -- in fact, they are less than slave labor because these retired couples have to pay their way to "serve" the farms there. Do you realize then that they are able to operate like a commercial enterprise w/little labor overhead @ non-profit tax rates?

Hey, that's OK. Jim Jones did the same thing first in Northern CA & then in Guyana.

Then there's the other problems the LDS church creates w/their commercial produce enterprise -- like this article from Jan '08 re: Idaho (& states it did the same thing in Washington state):

Note this quote from an LDS church member:

Declo farmer Mark Darrington, however, is also concerned the church intended to take over management and does not see that as being in the best interest of his community. "I am an active member of the Mormon Church, but facts is facts,” he said. “I did not want them to turn this into a big corporate farm because of the impact on the local community.” For one, he said, “local vendors are bypassed. I think that puts a bad taste not just in non-members’ mouth but also in members’ mouth.” ...He said the church setting up a large entity and garnering large potato contracts would have an adverse effect...“The church tends to not cooperate with growers,” he said.
Source: Farmers face off with LDS Church

1 posted on 12/28/2010 12:26:47 PM PST by Colofornian
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To: All
Nominees for the top 2010 Lds Inc. FREEPER threads:
* This one re: Florida.
* Utah Haiti volunteer blog: Angels, hope, church organization [Note: several other Haitian threads re: lds church developed; this was by far the most prominent @ 931 replies]
* No Sanctuary at This Church in Haitian Storm [320 replies]
* Should politicians heed their prophet or pope? [141 replies]
* Are The [Mormon] General Authorities Deluded Religious Fanatics Or Manipulating Conmen?
* How Churches Invest Their Money
* The Vanishing LDS Church [Good unusual info about the corporate organizational structure of the Mormon church]
* Mormon Leaders Honesty and Integrity: LDS Church Leaders and their Highest Priorities
2 posted on 12/28/2010 12:28:01 PM PST by Colofornian (Final filtered authority figures of Lds: PR spokesmen & Unofficial Mormon links Some Lds use)
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To: Colofornian

They don’t have anything on how much the Chinese own us!!!!


3 posted on 12/28/2010 12:30:37 PM PST by GraceG
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To: All; reaganaut; greyfoxx39
By the way, interested in some of the "true statistics" about so-called Mormon church "growth?"

The Flying Inmans excelled in 2010 in exposing the reality behind these statistics:
* See post #28 by Greyfoxx39 at Are The [Mormon] General Authorities Deluded Religious Fanatics Or Manipulating Conmen?
* See post #28 by Greyfoxx39 at Noteworthy Flaws in Mormonism
* See post #19 by Reaganaut at Even with decline in baptisms, the church is still true
* See post #163 by Colofornian at The Return of 'Mormon'

4 posted on 12/28/2010 12:31:37 PM PST by Colofornian (Final filtered authority figures of Lds: PR spokesmen & Unofficial Mormon links Some Lds use)
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To: Colofornian

Being a “not for profit” organization, the LDS doesn’t have to pay income tax on their net revenues.


6 posted on 12/28/2010 12:33:25 PM PST by Paleo Conservative
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To: Colofornian

Good for the LDS. As long as they paid for the property it’s really none of your business how much of Florida they own.


7 posted on 12/28/2010 12:33:30 PM PST by Lurker (The avalanche has begun. The pebbles no longer have a vote.)
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To: Colofornian

Are they also exempt from property taxes?

I agree that it is questionable as to why your aunt and uncle would have to PAY to go perform hard labor at the ranch.

Did not find any property owned by LDS, Inc. in Douglas County, NE, but possibly I did not do it correctly.


10 posted on 12/28/2010 12:41:53 PM PST by NEMDF
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To: Colofornian
They own at least 40k acres here in OK.....near me.

Who knows how many acres in KS...and TX.

They also own a packing plant somewhere...

FWIW

11 posted on 12/28/2010 12:45:30 PM PST by Osage Orange (MOLON LABE)
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To: Colofornian

On a business trip to FL, a Mormon coworker of mine told me about the huge cattle ranch properties owned by the LDS in this part of FL. He also told me that in each state, the LDS has picked the most lucrative staple industry to invest and run. Mormons are very good about preparedness to ride out any economic/political/military crisis as a whole religious community. Those farms and businesses work as an integral “safety net” and the results (crops/products/services) are shared across all of LDS’ world-wide community.

Many other churches (Catholic, Baptists and Jews) do this on smaller scale and in the past religious enterprises played a greater role at taking care of the needy. In today’s world, most people go to the government first. I would argue that the Mormons generally are more civicly responsible than the average liberal. I have no problem at all with that.


12 posted on 12/28/2010 1:18:02 PM PST by anymouse (God didn't write this sitcom we call life, he's just the critic.)
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To: Colofornian

Whatever the criticism—I would rather have the Mormons owning it rather than the Red Chinese or the Saudis.


13 posted on 12/28/2010 1:23:15 PM PST by brooklyn dave (Support your local Tea Party)
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To: Colofornian

“LDS, Inc. has more than $1 billion in for-profit property in Florida”

..........................................

“Don’t store up treasures here on earth, where moths eat them and rust destroys them, and where thieves break in and steal.”

- Jesus

..........................................

“Hey, let’s tear down our barns and build bigger ones to hold our wealth - also, some luxury Hawaiian spa hotels, some luxury shopping malls, most of Florida, and more wealth than most could imagine. Make those poor people donate their gold fillings! We need more!”

- Mormonism (LDS)

.........................................

... and so it goes


14 posted on 12/28/2010 1:29:10 PM PST by aMorePerfectUnion
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To: Colofornian

INB4PD


15 posted on 12/28/2010 1:45:12 PM PST by Imnidiot (THIS SPACE FOR RENT)
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To: Colofornian
but now it makes people pay for the opportunity to make one of their subsidiaries money. How is that at all ethical?

"Makes people pay"? If they are literally doing that, it's a crime. If people are doing that of their own free will, it's none of my business.

Ethics, Smithics? Who knows?

And I'm far, far from being a mormonism defender.

16 posted on 12/28/2010 2:02:29 PM PST by Graybeard58
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To: Colofornian

When the LDS business folds, who gets to claim all this wealth ???

Tommy Monson or all 15 of the top CEOs ???


20 posted on 12/28/2010 7:58:35 PM PST by Tennessee Nana
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