private industry asset management company founded 1966 1966 founder the church of jesus christ of latter day saints headquarters salt lake city utah usa key people keith b. mcmullin ceo president divisions deseret digital media deseret media companies ksl broadcast division subsidiaries beneficial financial group bonneville international corp. deseret news deseret book hawaii reserves temple square hospitality website deseret management corporation the deseret management corporation dmc i d z. r t. 1 is a management and holding company of for profit businesses owned by 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 assets . 4 contents 1 subsidiaries 2 divisions 3 leadership 4 relation to lds church 5 see also 6 references 7 external links subsidiaries edit the following are dmc subsidiaries beneficial financial group insurance investment and retirement services . bonneville international corporation owns radio stations nationwide bonneville communications bonneville interactive and bonneville satellite company . deseret book lds publisher and bookstores chain . deseret mutual provides medical dental life and disability insurance retirement and savings benefits to deseret management corporation employees and health insurance to lds missionaries and general authorities . 5 deseret news publishing company publishes utah s second largest daily newspaper the deseret news along with mormon times church news and el observador . hawaii reserves manages commercial and residential properties in l ie hawai i. temple square hospitality operates downtown salt lake city properties such as the lion house and the joseph smith memorial building . utah property management associates real estate company which manages apartments and commercial property particularly in downtown salt lake city . divisions edit deseret digital media operates the web sites of other dmc media companies including deseretnews.com ksl.com and deseretbook.com . deseret media companies helps operate deseret management s media focused subsidiaries . ksl broadcast division operates ksl tv & ksl newsradio in salt lake city utah for the bonneville international corporation . leadership edit in april 2012 keith b. mcmullin was named to replace mark willes as ceo . relation to lds church edit deseret management corporation is the holding company which owns the tax paying companies that fall under the umbrella of the lds church . dmc s board of directors is made up of the church s first presidency three rotating members of the quorum of the twelve and the presiding bishopric . see also edit finances of the church of jesus christ of latter day saints intellectual reserve references edit lds.org book of mormon pronunciation guide retrieved 2012 02 25 ipa ified from d z a r t about us . deseret management corporation official web site . retrieved 2009 09 13 . presidents of the church . the church of jesus christ of latter day saints official website . retrieved 2009 10 25 . deseret management hires former la times publisher . salt lake tribune . 2009 02 04 . retrieved 2009 02 11 . deseret mutual benefit administrator . deseret mutual participating employers . deseret mutual website . retrieved 5 january 2011 . external links edit deseret management corporation site v t e subsidiaries of deseret management corporation agriculture agreserves inc. hawaii reserves farmland reserve inc. real estate temple square hospitality utah property management associates property reserve media bonneville international deseret book deseret digital media deseret news publishing company other beneficial financial group retrieved from https en.wikipedia.org w index.php title deseret management corporation & oldid 743654162 categories deseret management corporationcompanies based in salt lake citycompanies established in 1966properties of the church of jesus christ of latter day saints1966 establishments in utahhidden categories articles including recorded pronunciations navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version in other projects wikimedia commons languages add links this page was last modified on 10 october 2016 at 15 52 . text is available under the creative commons attribution sharealike license ; 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