Club 720 Development Corporation

FORT WAYNE, IN EIN: 20-8263324 Website

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

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$4.1M

+549.4% YoY

Annual Giving

Grant Count

0

Avg Grant Size

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$996K$2M$3M$4M20202021202220232024
Metric202420232022
Total Assets$4,097,654$630,966$460,281
Revenue$3,621,820$1,559,215$650,699
Expenses$1,486,039$1,380,795$1,233,053
Qualifying Distributions
Net Investment Income$-747,608$183$113
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$134K$268K$402K$537K0 grants20200 grants20211 grants20220 grants20230 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

1 grants across all recorded years

<$50K$50–100K$100–250K$250–500K1$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Club 720 Development Corporation fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

HEATHER PRESLEY-COWENCEO$109KRYAN CHASEYCOO$93K

From 2024 filing

NameTitleHoursCompensation
HEATHER PRESLEY-COWENCEO25$109,097
RYAN CHASEYCOO40$92,769
DENISE ANDORFERDIRECTOR0.5
J NELSON COATSTREASURER0.5
LINDA LAUERSECRETARY0.5
ADAM WELCHDIRECTOR0.5

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

1states

States

Cities

Decatur

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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