UTAH BANKERS ASSOCIATION (EIN 870237881) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1908

Legal Domicile

Principal Officer

HOWARD HEADLEE

Phone

8013644303

Tax Period

2024-08-01 to 2025-07-31

UTAH BANKERS ASSOCIATION, founded in 1908, is a community nonprofit that reported $1.6M in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $1.5M left a modest 7% surplus.

Mission

UTAH BANKERS ASSOCIATION IS A FINANCIAL SERVICES TRADE ASSOCIATION COMPRISED OF REGIONAL, COMMUNITY, AND INDUSTRIAL BANKS. THE MISSION: TO PROMOTE A FAVORABLE IMAGE AND UNDERSTANDING OF THE BANKING INDUSTRY AND MAINTAIN THE PUBLIC CONFIDENENCE IN THE STRENGTH AND SECURITY OF UTAHS FINL SERVICE INDUSTRY - PROTECT THE INDUSTRY AGAINST LEGISLATION WHICH COULD RESULT IN UNDUE DISADVANTAGE.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,187,500

Program Service Revenue $363,932

Investment Income $25,962

Other Revenue $1,774

TOTAL REVENUE $1,579,168

Expense Breakdown

Grants Paid $0

Salaries & Benefits $936,293

Fundraising Expenses $0

Other Expenses $526,888

TOTAL EXPENSES $1,463,181

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,579,168	$1,379,873	+0.1%
Expenses	$1,463,181	$1,447,773	+0.0%
Net Income	$115,987	$-67,900	-2.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

185

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

$714,755

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HOWARD HEADLEE	PRESIDENT	40.00	Officer	$390,282	$30,500	$420,782
REBECCA WILKES	VICE PRESIDENT	40.00	Officer	$155,720	$24,000	$179,720
SARA MATUTE	VICE PRESIDENT	40.00	Officer	$107,250	$7,003	$114,253
ANDREA MOSS	CHAIRMAN	0.00	Director	$0	$0	$0
BRUCE ASHCROFT	VICE CHAIRMAN	0.00	Director	$0	$0	$0
BRADY BAGLEY	2ND VICE CHAIR	0.00	Director	$0	$0	$0
PHIL BECK	PAST CHAIR	0.00	Director	$0	$0	$0
JAN BERGESON	REGIONAL ADVISORY	0.00	Director	$0	$0	$0
MATT BLOYE	COMMUNITY ADVISORY	0.00	Director	$0	$0	$0
TODD BOREN	BOARD MEMBER	0.00	Director	$0	$0	$0
FRANK DESTRA	BOARD MEMBER	0.00	Director	$0	$0	$0
KRISTEN DITTMER	BOARD MEMBER	0.00	Director	$0	$0	$0
LEW GOODWIN	BOARD MEMBER	0.00	Director	$0	$0	$0
TERRY GRANT	BOARD MEMBER	0.00	Director	$0	$0	$0
KAY HALL	BOARD MEMBER	0.00	Director	$0	$0	$0
BRANDEN HANSEN	BOARD MEMBER	0.00	Director	$0	$0	$0
SHELLY HOLT	BOARD MEMBER	0.00	Director	$0	$0	$0
JOHN JONES	BOARD MEMBER	0.00	Director	$0	$0	$0
KEVIN KROHN	BOARD MEMBER	0.00	Director	$0	$0	$0
JASON LLOYD	BOARD MEMBER	0.00	Director	$0	$0	$0
KISTY MORRIS	BOARD MEMBER	0.00	Director	$0	$0	$0
MARK PACKARD	BOARD MEMBER	0.00	Director	$0	$0	$0
TERRY GRANT	BOARD MEMBER	0.00	Director	$0	$0	$0
MORI PAULSEN	BOARD MEMBER	0.00	Director	$0	$0	$0
ERIC SCHMUTZ	BOARD MEMBER	0.00	Director	$0	$0	$0
DAVID STAHL	BOARD MEMBER	0.00	Director	$0	$0	$0
SPENCER WHITE	BOARD MEMBER	0.00	Director	$0	$0	$0
DREW YERGENSEN	BOARD MEMBER	0.00	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
2025	$1,579,168	$1,463,181	$1,711,601	$115,987
2024	$1,379,873	$1,447,773	$1,723,622	$-67,900
2023	$1,555,685	$1,402,696	$1,475,072	$152,989
2022	$1,248,185	$1,274,607	$1,589,571	$-26,422
2021	$1,422,835	$1,124,544	$1,376,860	$298,291
2020	$1,102,009	$1,116,723	$1,108,977	$-14,714
2019	$1,221,225	$1,170,463	$1,019,915	$50,762
2018	$1,201,310	$1,182,802	$1,189,024	$18,508

UTAH BANKERS ASSOCIATION