Deseret Management Corporation

Deseret Management Corporation

Deseret Management also has real estate holdings through other subsidiaries. The Mormon Church formed the holding company in 1966. While the Church of Jesus Christ of Latter-day Saints handles the spiritual, Deseret Management takes care of the worldly. The holding company oversees a portfolio of for-profit ventures for the Mormon Church, including Bonneville International Corporation (radio and TV stations), Deseret Book Company (inspirational publishing), and Salt Lake City's "Deseret Morning News" newspaper. Its holdings also include life insurance and financial services provider Beneficial Life Insurance and contract foodservices and corporate catering provider Temple Square Hospitality.

Contact Details

Office Address

Deseret Management Corporation
150 Social Hall Avenue, Suite 500
Salt Lake City, UT, USA 84145
Phone: (801) 538-0651
Fax: (801) 323-4236


President and CEO

Mark H. Willes

VP and CFO

Dale G. Bailey

Business Reviews for Deseret Management Corporation

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