Illinois · Nonprofit
ZION DEVELOPMENT CORPORATION
ZION DEVELOPMENT CORPORATION (Illinois) receives grants from 12 organizations whose IRS filings report $1,270,831 to it, the largest being Community Foundation of Northern IL ($541,786). 9 of them have funded it in more than one year.
- Revenue FY2025
- $970k
- Funders on record
- 12
- Grants received
- $1.3M
- Net assets
- $-1432811
What Zion Development Corporation does
Mission
Building communities that enrich lives in response to god's love
As stated on its FY2025 Form 990.
Program
Housing rehabilitation and housing program seeks to motivate volunteers to work with trained staff to rehabilitate housing in depressed neighborhoods and to provide affordable housing for rent or sale to economically disadvantaged individuals
$916,526 spent$456,464 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $916,526.
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 2021 to 2022, from $4.0M to $2.6M (−35%).
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: 2017 2% · 2018 3% · 2019 5% · 2020 7% · 2021 15% · 2022 60% · 2023 24% · 2024 23% · 2025 22%. Grants only. Government contracts and fees sit inside program revenue.
44% of ZION DEVELOPMENT CORPORATION’s revenue is contributions — about as donation-reliant as the typical peer (55% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 8 of the last 9 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.
Board chair
Pastor Mike Thomas
Chairman/sec
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 3 funders to 7 funders, grant income fell $102k → $50k.
4 of 12 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 49% 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 ZION DEVELOPMENT CORPORATION’s funders (the co-funder graph). 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
ZION DEVELOPMENT CORPORATION leans on a few funders — its largest provides 43% of grant income and the top three 80%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
80% 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 ZION DEVELOPMENT CORPORATION.
Largest funder’s share by year: 2017 72% · 2018 60% · 2019 49% · 2020 41% · 2021 62% · 2022 76% · 2023 27% — diversifying over time.
“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.
How long its funders stay
60% of ZION DEVELOPMENT CORPORATION's funders are still giving 3 years after their first grant; 75% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
79% of ZION DEVELOPMENT CORPORATION's grant income comes from Illinois funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $624k arriving through sponsors registered in 4 states 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
ZION DEVELOPMENT CORPORATION receives grants from 12 organizations whose IRS filings report $1.3M to it.
this organization peer median middle 50% of peers· 1,526 employment nonprofits $100k–$1M, FY2025
Organizations like ZION 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 Illinois
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
87% of spending goes to programs.
Governance
Public support
89%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Part of a family of 8 related entities
- 528 Seventh Street LLC · disregarded
- Grand Apartments Corp · disregarded
- Grand Apartments II LP · disregarded
- Longwood Gardens Aprtment Corp · corp_trust
- Lincoln Lofts Phase II Manager Inc · corp_trust
Screen this organization
A dated, signed PDF of the compliance screen for ZION 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 ZION DEVELOPMENT CORPORATION?
- ZION DEVELOPMENT CORPORATION (Illinois) receives grants from 12 organizations whose IRS filings report $1,270,831 to it, the largest being Community Foundation of Northern IL ($541,786). 9 of them have funded it in more than one year.
- How many funders does ZION DEVELOPMENT CORPORATION have?
- IRS filings report 12 organizations giving $1,270,831 in grants to ZION DEVELOPMENT CORPORATION, 9 of which have funded it in more than one year.
- Who is the largest funder of ZION DEVELOPMENT CORPORATION?
- Community Foundation of Northern IL is the largest funder on record, with $541,786 in grants. The full list of funders is on this page.
- How can an organization like ZION DEVELOPMENT CORPORATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Illinois. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Zion Development →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 12 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 22, 2026. What this page cannot tell you · view filing