OGDEN, UT
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)OGDEN INDUSTRIAL DEVELOPMENT CORPORATION, founded in 1971, is a small nonprofit that reported $637K in total revenue in fiscal year 2025. Revenue surged 51% from the prior year, signaling strong growth momentum. The organization ran a surplus of $497K, a strong 78% operating margin.
Economic Development in Weber County Utah
OBE Vision LLC continued to develop commercial and industrial properties in the Ogden Business Exchange project area. OIDC loan to OBE was paid off in March 2022 but OBE continues to develop...
OBE Vision LLC continued to develop commercial and industrial properties in the Ogden Business Exchange project area. OIDC loan to OBE was paid off in March 2022 but OBE continues to develop properties in the project area.
OIDC invested $100,000 in workforce development through a grant to the Ogden Weber Technical College for its scholarship endowment fund.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2025 | 2024 | Change | |
|---|---|---|---|
| Revenue | $637,327 | $423,266 | +0.5% |
| Expenses | $139,862 | $37,063 | +2.8% |
| Net Income | $497,465 | $386,203 | +0.3% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Slade Opheikens | President | 0.00 |
Officer
Director
|
$0 | $0 | $0 |
| Scott Parkinson | Vice President | 0.00 |
Officer
Director
|
$0 | $0 | $0 |
| Ed Kleyn | Secretary | 0.00 |
Officer
Director
|
$0 | $0 | $0 |
| Lance Froerer | Treasurer | 0.00 |
Officer
Director
|
$0 | $0 | $0 |
| Rick Fairbanks | Past President | 0.00 |
Officer
Director
|
$0 | $0 | $0 |
| John E Lindquist | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $637,327 | $139,862 | $6,217,670 | $497,465 |
| 2024 | $423,266 | $37,063 | $5,720,205 | $386,203 |
| 2023 | $497,370 | $35,384 | $5,334,002 | $461,986 |
| 2022 | $72,985 | $34,580 | $4,872,016 | $38,405 |
| 2021 | $347,332 | $29,644 | $5,579,669 | $317,688 |
| 2020 | $536,380 | $122,642 | $5,261,981 | $413,738 |
Compare OGDEN INDUSTRIAL DEVELOPMENT CORPORATION with other nonprofits in Utah and across the country.