SCHMITT ISLAND DEVELOPMENT CORPORATION

As filed

Subsection

03

NTEE code

W99

Classification

1000

Street

1800 ADMIRAL SHEEHY DR

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Other organizations at this address

3 other organizations in the IRS Business Master File list the same street address. matched by us

We match the street line and ZIP code as the IRS gives them, ignoring case and outer spaces and nothing else, so "AVE" and "AVENUE" count as different streets and this list can miss some. A shared address can mean related organizations or a shared office, but it can also be a registered agent, a mail drop or a service provider holding mail for unrelated clients. It is not, by itself, evidence that two organizations are connected.

• DUBUQUE FIGURE SKATING

  EIN 46-4433771

• NORTHERN LIGHTS HOCKEY FOUNDATION INC

  EIN 45-5403954

• SAINT 4 LIFE FOUNDATION

  EIN 87-4200481

Mission and programs · 2025

• THE ORGANIZATION AND CONTRACTED ENTITIES OR INDIVIDUALS MANAGE THE ICE ARENA LOCATED ON CHAPLAIN SCHMITT ISLAND IN DUBUQUE, IOWA. THIS ACTIVITY IS FUNDED THROUGH MANAGEMENT FEES PAID BY THE CITY, CONTRIBUTIONS FROM THE GENERAL PUBLIC, AND PROGRAM SERVICE FEES. NINETY-NINE PERCENT OF THE ORGANIZATIONS TIME IS ALLOCATED TO THIS ACTIVITY. NINETY-FIVE PERCENT OF OVERALL EXPENSES ARE INITIALLY ALLOCATED TO THIS ACTIVITY. MANAGEMENT OF THESE FACILITIES BENEFITS THE COMMUNITY BY PROVIDING CONSISTENT AND EXPANDED RECREATIONAL OPPORTUNITIES FOR THE COMMUNITY AND BY LESSENING THE BURDEN OF GOVERNMENT. THE CITY OF DUBUQUE WOULD OTHERWISE SPEND SIGNIFICANT TIME AND RESOURCES TO MANAGE THE FACILITIES AND ITS PROGRAMS.OTHER ACTIVITIES WILL BE CONDUCTED IN THE SAME FASHION AS ABOVE AS ADDITIONAL ASSETS AND VENUES ARE DEVELOPED ON SCHMITT ISLAND. SUCH ACTIVITIES, ASSETS, AND/OR VENUES MAY INCLUDE A WATER SPORTS FACILITY, TRAILS, AND RV PARK.

  Expenses $1,320,138 · Revenue $963,421

As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2025

As listed in Part VII of the 2025 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

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. Earlier years are each on their own filing page.

Filings

• 2025

  Revenue

  $1,329,120

  Expenses

  $1,423,547

  Contributions

  $356,319

  Grants paid

  $0

• 2023

  Revenue

  $1,626,078

  Expenses

  $1,288,302

  Contributions

  $722,230

  Grants paid

  $0

• 2022

  Revenue

  $696,005

  Expenses

  $339,735

  Contributions

  $510,149

  Grants paid

  $0

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

• DUBUQUE RACING ASSOCIATION LTD

  $5,415,180

  2023 · SCHMITT ISLAND FUND

• DUBUQUE RACING ASSOCIATION LTD

  $4,909,416

  2022 · SCHMITT ISLAND FUND

• DUBUQUE RACING ASSOCIATION LTD

  $2,567,428

  2025 · SCHMITT ISLAND FUND

• DUBUQUE RACING ASSOCIATION LTD

  $1,594,594

  2024 · SCHMITT ISLAND FUND

Other IRS files