2025-12-12T08:39:35-05:00 2025-06-30 300003878 BENNING GROUP LLC 6815 WEAVER RD STE 300 ROCKFORD IL 611148060 990 2024-07-01 363229794 ZION DEVELOPMENT CORPORATION ZION 8159648280 910 5TH AVE SUITE 1E PO BOX 4387 ROCKFORD IL 611100887 PASTOR MIKE THOMAS CHAIRMAN/SECRETARY 8159648280 2025-11-21 true false CURTIS D KLECKLER P00641247 8153162375 2025-11-21 2024 2025-03-06 01:10:19Z PASTOR MIKE THOMAS 970416 false X HTTP://WWW.ZIONDEVELOPMENT.COM X 1982 IL BUILDING COMMUNITIES THAT ENRICH LIVES IN RESPONSE TO GOD'S LOVE 7 7 6 7 0 510180 423473 372753 456464 19085 18841 28295 71313 930313 970091 0 0 240701 226652 0 0 670174 827822 910875 1054474 19438 -84383 2234018 2014526 3582446 3447337 -1348428 -1432811 BUILDING COMMUNITIES THAT ENRICH LIVES IN RESPONSE TO GOD'S LOVE false false 916526 456464 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 916526 true true false false false false false false false false true false false true true true true true false false false false false false false false false false false false false false false false false false false false false false false false true true true false false false true 7 0 6 true false false false false false false false false false false false false false false X 7 7 false false false false false false false true true false false true true true true true true true true false IL X CINDY ANDERSON 8159648280 910 5TH AVE SUITE 1E PO BOX 43 ROCKFORD IL 61110 PASTOR MIKE THOMAS CHAIRMAN/SEC 2.00 X 0 0 0 JANICE FORREST BOD VICE PRE 2.00 X 0 0 0 KEITH YOUNG BOD PRES 2.00 X 0 0 0 REGINA COOK-GLANTON BOD TREASURE 2.00 X 0 0 0 JACOB RUSH BOD 2.00 X 0 0 0 MOUKY XAYSANA BOD 2.00 X 0 0 0 LAURA MARTINEZ BOD 2.00 X 0 0 0 ROBERT CAMPBELL EXECUTIVE DI 40.00 X 64218 0 1063 64218 1063 false false false 11250 211583 200640 423473 RENTAL INCOME 531390 301843 301843 DEVELOPER & OTHER FEES 531390 154621 154621 456464 18841 18841 60 325 -265 OTHER INCOME 71578 71578 71578 970091 528042 18841 X 52754 44390 8364 154743 131433 23310 2354 1075 1279 16801 7672 9129 41724 41724 139673 139673 4017 473 3544 12188 1256 10932 202346 201196 1150 38585 31841 6744 229062 229062 52866 38873 13993 BAD DEBT 58714 58714 CONDO ASSN RESC & DUES 14604 14604 TELEPHONE 10864 7418 3446 TAX CREDIT MONITORING FEE 3375 3375 19804 8846 10958 1054474 916526 137948 0 97285 104847 47488 54738 292298 306913 7317771 5881569 1657370 1436202 139577 111826 2234018 2014526 70298 57374 2993939 2877230 518209 512733 3582446 3447337 X -1413869 -1557152 65441 124341 -1348428 -1432811 2234018 2014526 -84383 X false true X true false X 547216 1127738 374450 510180 423473 2983057 547216 1127738 374450 510180 423473 2983057 2983057 35 78 18462 19085 18841 56501 33422 120040 59296 28295 71578 312631 3352189 2141251 0.88990 0.86440 X PART II, LINE 10 MISCELLANEOUS 312,631 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 874653 624686 249967 391725 391725 6051393 4865158 1186235 1436202 OTHER ASSETS 111826 111826 DEFERRED INTEREST & DEVELOPER FEES 393136 PREPAID RENTAL INCOME 37426 ACCRUED REAL ESTATE TAXES 26769 DEFERRED REVENUE ECLA HUNGER GRANT 20000 ACCRUED INTEREST PAYABLE 12874 ACCRUED WAGES AND TAXES 11284 SECURITY DEPOSITS 11244 512733 X 970091 970091 970091 1054474 1054474 1054474 SCHEDULE D, PAGE 3, PART X ZION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AS OTHER THAN A PRIVATE FOUNDATION. ZION MAY RECOGNIZE THE TAX BENEFIT FROM A TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES BASED ON THE TECHNICAL MERITS OF THE POSITION. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF ZION AND VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME (UBIT). ZION HAS ANALYZED ITS TAX POSITIONS TAKEN FOR FILINGS WITH THE INTERNAL REVENUE SERVICE AND THE STATE OF ILLINOIS. ZION BELIEVES THAT ITS INCOME TAX FILING POSITIONS WILL BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WOULD RESULT IN A MATERIAL ADVERSE EFFECT ON ZION'S FINANCIAL CONDITION, RESULTS OF OPERATIONS, OR CASH FLOWS. ACCORDINGLY, ZION HAS NOT RECORDED ANY TAX ASSETS OR LIABILITIES, OR RELATED ACCRUALS FOR INTEREST AND PENALTIES, FOR UNCERTAIN INCOME TAX POSITIONS AT JUNE 30, 2025 OR 2024. IN THE NORMAL COURSE OF BUSINESS ZION IS SUBJECT TO EXAMINATION BY TAXING AUTHORITIES AND HAS FILED FEDERAL INFORMATION RETURNS AS AN ORGANIZATION EXEMPT FROM INCOME TAXES. AT PRESENT, THERE ARE NO ONGOING INCOME TAX AUDITS OR UNRESOLVED DISPUTES WITH THE VARIOUS TAX AUTHORITIES THAT ZION CURRENTLY FILES OR HAS FILED WITH. FORM 990, PAGE 6, PART VI, LINE 11B THE FINANCE COMMITTEE REVIEWS THE 990 BEFORE PRESENTING IT TO THE BOARD. FORM 990, PAGE 6, PART VI, LINE 12C IF OTHER MEMBERS KNOW OF A CONFLICT, IT IS BROUGHT BEFORE THE BOARD AND THAT PERSON WILL NOT BE ABLE TO VOTE. FORM 990, PAGE 6, PART VI, LINE 15A SALARIES FOR THE EXECUTIVE DIRECTOR/TOP MANAGEMENT OFFICIAL ARE DETERMINED BY THE BOARD OF DIRECTORS USING SURVEYS WITH OTHER LIKE ORGANIZATIONS AS WELL AS CONSIDERATION OF INFLATION. FORM 990, PAGE 6, PART VI, LINE 15B SALARIES OF OTHER OFFICERS/KEY EMPLOYEES ARE DETERMINED BY THE BOARD OF DIRECTORS USING SURVEYS WITH OTHER LIKE ORGANIZATIONS AS WELL AS CONSIDERATION OF INFLATION. FORM 990, PAGE 6, PART VI, LINE 19 UPON REQUEST FORM 990, PART IX, LINE 11G GRAND APARTMENTS 70,207 0 0 OUTSIDE CONTRACTORS - OTHER 39,672 0 0 EVICTIONS 1,082 0 0 GRAND UNITED WAY 28,712 0 0 TOTAL 139,673 0 0 528 SEVENTH STREET LLC PO BOX 4387 ROCKFORD IL 61110 364010133 REAL ESTAT IL 64852 103089 ZION DEVEL GRAND APARTMENTS CORP PO BOX 4387 ROCKFORD IL 61110 364289861 REAL ESTAT IL 284531 932885 ZION DEVEL GRAND APARTMENTS II LP PO BOX 4387 ROCKFORD IL 61110 364386132 REAL ESTAT IL ZION DEVEL LONGWOOD GARDENS APRTMENT CORP PO BOX 4387 ROCKFORD IL 61110 872024959 REAL ESTAT IL N/A false LINCOLN LOFTS PHASE II MANAGER INC PO BOX 4387 ROCKFORD IL 61110 874004618 REAL ESTAT IL N/A false HARVERY LOFTS MANAGER INC PO BOX 4387 ROCKFORD IL 61110 882438503 REAL ESTAT IL N/A false ZION LAFAYETTE CORPORATION PO BOX 4387 ROCKFORD IL 61110 990658646 REAL ESTAT IL N/A false LINCOLN SENIOR FLATS MANAGER INC PO BOX 4387 ROCKFORD IL 61110 932065245 REAL ESTAT IL N/A false false false false false false false false false false false false false false false false false false false false