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        <ExplanationTxt>THE ORGANIZATION KEEPS A CONTRACT AND GRANT EXCEL FILE TO MONITOR GRANTS/CONTRACTS AND SPENDING ASSOCIATED WITH GRANTS/CONTRACTS.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>SCHEDULE I, PAGE 4, PART IV</FormAndLineReferenceDesc>
        <ExplanationTxt>THE PURPOSE OF THE GRANT IS THE CREATION OF NORTHEAST INDIANA REGIONAL PATTERN BOOK TO EDUCATE BUILDERS AND DEVELOPERS ABOUT THE RELATIVE EASE AND MARKETABILITY OF INFUSING VISIT-ABILITY PRINCIPLES AND FOR THE PATTERN BOOK TO INFORM HOUSING POLICIES BEING DEVELOPED REGIONALLY. ENGAGED MKM ARCHITECTURE + DESIGN TO CREATE THE PATTERN BOOK.</ExplanationTxt>
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        <FormAndLineReferenceDesc>FORM 990 - ORGANIZATION'S MISSION</FormAndLineReferenceDesc>
        <ExplanationTxt>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 OR ORGANIZATIONS OF ANY KIND OR NATURE, SUCH AS CORPORATIONS, FIRMS, ASSOCIATIONS, TRUSTS, INSTITUTIONS, FOUNDATIONS, OR GOVERNMENTAL AGENCIES, BUREAUS OR DEPARTMENTS.</ExplanationTxt>
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        <ExplanationTxt>THE TREASURER REVIEWS FORM 990 BEFORE FILING.</ExplanationTxt>
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        <ExplanationTxt>BOARD MEMBERS AND EMPLOYEES DOCUMENT CONFLICTS OF INTEREST IN A CONFLICTS OF INTEREST REGISTER, WHICH IS REVIEWED ON AN ON-GOING BASIS.</ExplanationTxt>
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        <ExplanationTxt>THE EXECUTIVE DIRECTOR'S SALARY IS DETERMINED BY USING DATA FROM OTHER COMPARABLE ORGANIZATIONS IN NORTHEAST INDIANA.</ExplanationTxt>
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        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 18</FormAndLineReferenceDesc>
        <ExplanationTxt>THE ORGANIZATION'S IRS FORM 990 FOR THE PRIOR THREE YEARS IS AVAILABLE AT WWW.GUIDESTAR.ORG.</ExplanationTxt>
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        <ExplanationTxt>THESE DOCUMENTS ARE MADE AVAILABLE UPON REQUEST.</ExplanationTxt>
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        <ExplanationTxt>THE ORGANIZATION CHANGED ITS METHOD OF ACCOUNTING FROM MODIFIED CASH TO ACCRUAL BASIS EFFECTIVE JANUARY 1, 2024 RESULTING IN A (196,643) ADJUSTMENT TO NET ASSETS.</ExplanationTxt>
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</Return>