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Nonprofiteer
← DUBUQUE INITIATIVES

Form 990 for tax year 2024

Filed by DUBUQUE INITIATIVES.

Totals

Total revenue
$1,578,490
Total expenses
$1,675,067
Contributions and grants received
$960,000
Grants paid
$0
Program service revenue
$0
Investment income
$534,175
Other revenue
$84,315
Total assets, end of year
$12,656,159
Total liabilities, end of year
$157,518
Net assets or fund balances, end of year
$12,498,641
Program services expenses (Part IX)
$1,498,759
Management and general expenses
$176,308
Fundraising expenses
$0
Program service expenses (Part III)
$1,498,759

Program services were 89.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $585,000

  • 1f · All other contributions, gifts and grants

    $375,000

  • 3 · Investment income

    total $262,159 · excluded $262,159

  • 7a · Gross sales of assets other than inventory

    securities $130,616 · other assets $983,908

  • 7b · Less cost or other basis and sales expenses

    securities $0 · other assets $842,508

  • 7c · Gain or loss

    securities $130,616 · other assets $141,400

  • 7d · Net gain or loss

    total $272,016 · related or exempt $141,400 · excluded $130,616

  • 11a · Other revenue: PROPERTY INSURANCE REI

    total $43,796 · related or exempt $43,796

  • 11b · Other revenue: BILLABLE EXPENDITURE R

    total $27,619 · related or exempt $27,619

  • 11c · Other revenue: REFUNDS

    total $11,430 · related or exempt $11,430

  • 11d · All other revenue

    total $1,470 · related or exempt $1,470

  • 11e · Other revenue, total

    $84,315

Functional expenses

Part IX, the statement of functional expenses.

  • 11a · Fees: management

    total $31,961 · program services $31,961

  • 11b · Fees: legal

    total $109,406 · program services $71,543 · management and general $37,863

  • 11c · Fees: accounting

    total $72,799 · program services $44,525 · management and general $28,274

  • 11f · Fees: investment management

    total $21,067 · program services $250 · management and general $20,817

  • 11g · Fees: other

    total $55,441 · program services $45,431 · management and general $10,010

  • 12 · Advertising and promotion

    total $21,009 · program services $1,009 · management and general $20,000

  • 13 · Office expenses

    total $1,866 · program services $1,114 · management and general $752

  • 16 · Occupancy

    total $113,207 · program services $113,207

  • 20 · Interest

    total $6,638 · management and general $6,638

  • 22 · Depreciation, depletion and amortization

    total $214,202 · program services $214,202

  • 23 · Insurance

    total $56,808 · program services $49,334 · management and general $7,474

  • 24a · Other expenses: WAGE ENHANCEMENT PROGRA

    total $803,143 · program services $803,143

  • 24b · Other expenses: FACILITIES EXPENSE

    total $103,196 · program services $102,919 · management and general $277

  • 24c · Other expenses: CITY OF DUBUQUE SERVICE

    total $36,162 · program services $286 · management and general $35,876

  • 24d · Other expenses: ADMINISTRATIVE EXPENSE

    total $8,750 · program services $3,490 · management and general $5,260

  • 24e · All other expenses

    total $19,412 · program services $16,345 · management and general $3,067

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,071,577 · end of year $1,080,595

  • 2 · Savings and temporary cash investments

    beginning of year $211,508 · end of year $1,670,529

  • 3 · Pledges and grants receivable

    beginning of year $2,154,800 · end of year $85,000

  • 7 · Other notes and loans receivable

    beginning of year $4,347,679 · end of year $4,610,717

  • 8 · Inventories for sale or use

    beginning of year $127,779 · end of year $241,779

  • 9 · Prepaid expenses and deferred charges

    beginning of year $2,109 · end of year $2,109

  • 10a · Land, buildings and equipment: cost or other basis

    $948,180

  • 10b · Land, buildings and equipment: accumulated depreciation

    $189,636

  • 10c · Land, buildings and equipment, net

    beginning of year $1,502,759 · end of year $758,544

  • 12 · Investments: other securities

    beginning of year $3,538,537 · end of year $2,684,589

  • 15 · Other assets

    beginning of year $927,536 · end of year $1,522,297

  • 17 · Accounts payable and accrued expenses

    beginning of year $927,016 · end of year $157,518

  • 25 · Other liabilities

    beginning of year $571,000 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $12,386,268 · end of year $12,498,641

Mission and programs · 2024

Mission

TO ATTRACT INDUSTRY TO THE AREA AND PROVIDE LOCAL RESIDENTS WITH ECONOMIC OPPORTUNITIES

  • THIS PROGRAM SERVICE INCLUDES ATTRACTING INDUSTRY TO THE COMMUNITY AND SERVING THE NEEDS OF LOW AND MODERATE INCOME CITIZENS BY PROVIDING ECONOMIC OPPORTUNITIES FOR THEM.

    Expenses $111,986 · Revenue $17,853

  • THIS PROGRAM SERVICE RELATES TO THE PURCHASE AND MANAGEMENT OF REAL ESTATE IN THE DUBUQUE INDUSTRIAL PARK AT 7900 CHAVENNELLE ROAD TO MEET THE NEEDS OF LOW AND MODERATE INCOME DUBUQUE AREA CITIZENS.STUDIES HAVE SHOWN A SERIOUS NEED FOR AFFORDABLE AND ACCESSIBLE DAYCARE FOR THE AREA WORKFORCE. PART OF THE REAL ESTATE HAS BEEN SOLD TO DUBUQUE COMMUNITY SCHOOLS AND PART OF THE PROPERTY HAS BEEN DEVELOPED AS A DAYCARE FACILITY IN CONJUNCTION WITH THE DUBUQUE COMMUNITY Y (WITH EMPHASIS ON AFFORDABLE WORKFORCE CHILDCARE).

    Expenses $583,630 · Revenue $207,862

  • THIS PROGRAM SERVICE RELATES TO THE COLLECTION OF MONEY TO INCREASE WAGES OF EARLY CHILDHOOD CAREGIVERS AND TEACHERS. THE PROGRAM, FUNDED BY STATE GRANTS AND LOCAL BUSINESS CONTRIBUTIONS, IS INTENDED TO IMPROVE CHILDCARE WORKFORCE RECRUITMENT AND COMPENSATION BY INCREASING THE AVERAGE STARTING WAGE FOR CHILDCARE WORKERS. THE FUNDS FROM THIS PROGRAM CAN BE USED BY CHILDCARE PROVIDERS TO INCREASE WAGES, AWARD ANNUAL TRAINING BONUSES, AND OFFER $1,000 BONUSES FOR NEW WORKERS TO HELP ENHANCE RECRUITMENT EFFORTS AND EXPAND CAPACITY. THIS PROGRAM IS PART OF A LARGER EFFORT TO ADDRESS CHILDCARE WORKFORCE SHORTAGES BY BOOSTING THE WAGES OF CHILDCARE PROFESSIONALS.

    Expenses $803,143

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Yindra Dixon

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • David Resnick

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Michael Van Milligen

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Caprice Jones

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Rick Dickinson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Kevin Lynch

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Susan Farber

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Dawn Lueken

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Jb Priest PhD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Mike Jansen

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Brad Cavanaugh

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Kristin Dietzel

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Jeff Vassen

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Poppy Conlon

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Drew Townsend

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • DUBUQUE CHILDCARE COLLABORATIVE LLC

    CHILDCARE · IA · income $207,862 · assets $2,266,058

    Directly controlled by DUBUQUE INITIATIVES

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • DUBUQUE INITIATIVES 1700 LLC

    RELATED · RENTAL REAL ESTATE · IA · 99% owned · share of income -$102,937 · share of assets $282,459 · general or managing partner

    Directly controlled by DUBUQUE INITIATIVES

Provenance

Return type
form_990
Tax year
2024
Filed
14 November 2025
IRS schema version
2024v5.2
Source object
202543219349308259

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