No, the City Creek Mall development group is not non-profit. Property Reserves Inc (a for profit group) worked on the development.
Sorry, wrong.
http://www.kutv.com/news/features/local/stories/vid_797.shtml
Excerpt: The arm of the LDS Church which served as “master developer” of Utah’s newest and most elaborate shopping, residential and office complex has federal “tax exempt” status.
In response to questions from 2News, City Creek Reserve Inc, or CCRI, revealed it’s a “non-profit corporation.”
As such, CCRI Spokesman Dale Bills noted the company “pays property and sales taxes.” But it appears CCRI may not pay federal income taxes.
If City Creek Reserve makes money, it will go the LDS Church.
“Much like a university endowment fund supports a university, any after tax return on investment supports the religious, charitable and educational mission of the Church,” Bills said.