OGDEN AREA CHAMBER OF COMMERCE

EIN: 870160060

OGDEN, UT

Total Revenue
$826,444
Total Expenses
$739,232
Total Assets
$1,291,915
Net Assets
$1,194,532
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1920
Legal Domicile
UT
Principal Officer
CHUCK LEONHARDT
Phone
8016218300
Tax Period
2024-01-01 to 2024-12-31

OGDEN AREA CHAMBER OF COMMERCE, founded in 1920, is a small nonprofit that reported $826K in total revenue in fiscal year 2024. Expenses of $739K left a modest 11% surplus.

Mission

SUPPORTING AND PROMOTING BUSINESSES IN THE WEBER COUNTY AREA.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $685,605
Program Service Revenue $140,839
Investment Income $0
Other Revenue $0
TOTAL REVENUE $826,444

Expense Breakdown

Grants Paid $0
Salaries & Benefits $437,328
Fundraising Expenses $0
Other Expenses $301,904
TOTAL EXPENSES $739,232

Year-over-Year Comparison

2024 2023 Change
Revenue $826,444 $843,808 0.0%
Expenses $739,232 $656,568 +0.1%
Net Income $87,212 $187,240 -0.5%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

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

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Governance

Voting Members
4
Independent Members
4
Employees
7
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$161,289
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHUCK LEONHARDT PRESIDENT & 40.00
Officer
$161,289 $0 $161,289
LEIGH DEAN CHAIR N/A
Officer Director
$0 $0 $0
AARON AUSTAD VICE CHAIR N/A
Officer Director
$0 $0 $0
MARK ADAMS PAST CHAIR N/A
Officer Director
$0 $0 $0
GREG SANDERS TREASURER N/A
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $826,444 $739,232 $1,291,915 $87,212
2023 $843,808 $656,568 $1,150,771 $187,240
2022 $750,856 $587,708 $977,914 $163,148
2021 $736,030 $533,442 $798,146 $202,588
2020 $680,529 $526,607 $585,814 $153,922
2019 $738,514 $634,559 $427,603 $103,955
2018 $729,437 $632,412 $338,811 $97,025
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