Indiana · Nonprofit
CLUB 720 DEVELOPMENT CORPORATION
CLUB 720 DEVELOPMENT CORPORATION (Indiana) receives grants from 3 organizations whose IRS filings report $209,000 to it, the largest being KOSCIUSKO COUNTY COMMUNITY FOUNDATION INC ($159,000). 1 of them have funded it in more than one year, and 76% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2024
- $3.6M
- Funders on record
- 3
- Grants received
- $209k
- Net assets
- $2.6M
What Club 720 Development Corporation does
Mission
Club 720 Development Corporation is organized for purposes that are exclusively charitable and educational and consist of the following: (1) to provide basic living facilities for economically distressed individuals through housing development in order to improve the living conditions and economic well-being of individuals and to engage in related activities in order to improve the living conditions and economic well-being of said individuals. (2) to create a social environment of self-determination and cooperation that encourages economically distressed residents to pursue their life goals and aspirations, especially with regard to adequate housing, with a sense of self-respect and dignity. (3) to do any and all lawful activities which may be necessary, useful, or desirable for the furtherance, accomplishment, fostering, or attainment of the foregoing purposes, either directly or indirectly and either alone or in conjunction or cooperation with others, whether such others be persons o
As stated on its FY2024 Form 990.
Program
Club 720 Development Corporation d/b/a housing resource hub completed several projects directly related to its vision of "cultivating thriving communities." the organization worked intensively in communities to create and implement housing strategies that are designed to develop actionable housing solutions and financial education programs. This work helped to create a foundation for economic empowerment and stability. The work included directly leading pre-development activities for housing projects that were highly prioritized by the community. The organization worked regionally by supporting the mayors and commissioners caucus of northeast indiana.
$1,322,205 spentof which $202,184 as grants$1,247,000 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $1,322,205.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $631k to $4.1M (+549%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2020 75% · 2021 5% · 2022 4% · 2023 48% · 2024 86%. Grants only. Government contracts and fees sit inside program revenue.
86% of CLUB 720 DEVELOPMENT CORPORATION’s revenue is contributions — more donation-reliant than the typical peer (61% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Heather Presley-Cowen
CEO
As listed on its FY2024 Form 990.
Who funds it, year by year
2021 → 2023: the base broadened from 1 funder to 2 funders, grant income fell $107k → $15k.
1 of 3 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 76% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of CLUB 720 DEVELOPMENT CORPORATION’s funders (the co-funder graph). Top 2 of 3 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
CLUB 720 DEVELOPMENT CORPORATION leans on a few funders — its largest provides 76% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund CLUB 720 DEVELOPMENT CORPORATION.
Largest funder’s share by year: 2021 100% · 2022 100% · 2023 100% — broadly stable.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
76% of CLUB 720 DEVELOPMENT CORPORATION's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $50k that is directly attributable, 100% of it comes from Indiana funders.
Funder states come from each funder’s own filing. $159k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
CLUB 720 DEVELOPMENT CORPORATION runs a healthier operating margin than three-quarters of the 4,203 community improvement nonprofits its size.
this organization peer median middle 50% of peers· 4,203 community improvement nonprofits $1M–$10M, FY2024
Organizations like CLUB 720 DEVELOPMENT CORPORATION
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Indiana
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
89% of spending goes to programs.
Governance
Public support
100%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Screen this organization
A dated, signed PDF of the compliance screen for CLUB 720 DEVELOPMENT CORPORATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds CLUB 720 DEVELOPMENT CORPORATION?
- CLUB 720 DEVELOPMENT CORPORATION (Indiana) receives grants from 3 organizations whose IRS filings report $209,000 to it, the largest being KOSCIUSKO COUNTY COMMUNITY FOUNDATION INC ($159,000). 1 of them have funded it in more than one year, and 76% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does CLUB 720 DEVELOPMENT CORPORATION have?
- IRS filings report 3 organizations giving $209,000 in grants to CLUB 720 DEVELOPMENT CORPORATION, 1 of which have funded it in more than one year.
- Who is the largest funder of CLUB 720 DEVELOPMENT CORPORATION?
- KOSCIUSKO COUNTY COMMUNITY FOUNDATION INC is the largest funder on record, with $159,000 in grants. The full list of funders is on this page.
- How can an organization like CLUB 720 DEVELOPMENT CORPORATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Indiana. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 3 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing