- Revenue 2025
- $40,501,642
- Expenses 2025
- $45,376,028
Program services were 99.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
As filed
- Subsection
- 04
- Classification
- 1000
- Street
- 1855 GREYHOUND PARK RD
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).
Mission and programs · 2025
Mission
OPERATION OF A CASINO GAMING FACILITY WITH PROFITS DISTRIBUTED TO THE CITY OF DUBUQUE AND LOCAL NONPROFIT ORGANIZATIONS TO LESSEN THE BURDEN OF GOVERNMENT AND PROMOTE SOCIAL WELFARE.
Activities or mission (Part I)
OPERATION OF A CASINO GAMING FACILITY WITH PROFITS DISTRIBUTED TO THE CITY AND COUNTY OF DUBUQUE AND LOCAL NONPROFIT ORGANIZATIONS TO LESSEN THE BURDEN OF GOVERNMENT AND PROMOTE SOCIAL WELFARE
-
SPONSORSHIP OF A CASINO GAMBLING OPERATION WITH PROFITS DISTRIBUTED TO THE CITY OF DUBUQUE AND LOCAL NONPROFIT ORGANIZATIONS.
Revenue $4,113,018
-
OPERATION OF A CASINO GAMING FACILITY WITH PROFITS DISTRIBUTED TO THE CITY OF DUBUQUE AND LOCAL NONPROFIT ORGANIZATIONS.
Expenses $37,507,957 · Grants $3,433,623 · Revenue $30,609,330
-
OPERATION OF A HOTEL AND RESTAURANT FACILITY ADJACENT TO ASSOCIATION'S CASINO.
Expenses $7,680,748 · Revenue $5,425,075
As filed on the 2025 return.
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.
-
Kay TakesKAY TAKES
2ND VICE CHAIR
- Total calculated
- $0
- Hours/week
- 5
-
Brad CavanaghBRAD CAVANAGH
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Chad WolbersCHAD WOLBERS
MEMBER AT LARGE
- Total calculated
- $0
- Hours/week
- 1
-
Danny SprankDANNY SPRANK
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Ric JonesRIC JONES
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Nicole GantzNICOLE GANTZ
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Paula WolfePAULA WOLFE
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Richard DickinsonRICHARD DICKINSON
MEMBER AT LARGE
- Total calculated
- $0
- Hours/week
- 5
-
Mike DonohueMIKE DONOHUE
PAST CHAIR
- Total calculated
- $0
- Hours/week
- 5
-
Ron HerrigRON HERRIG
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Emily McCreadyEMILY MCCREADY
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Tyson LeyendeckerTYSON LEYENDECKER
1ST VICE CHAIR
- Total calculated
- $0
- Hours/week
- 5
-
Dawn LuekenDAWN LUEKEN
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Gary DolphinGARY DOLPHIN
TREASURER
- Total calculated
- $0
- Hours/week
- 5
-
Mike FitzpatrickMIKE FITZPATRICK
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Harley PothoffHARLEY POTHOFF
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Michael Van MilligenMICHAEL VAN MILLIGEN
CITY MANAGER
- Total calculated
- $0
- Hours/week
- 1
-
Barbara O'HeaBARBARA O'HEA
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Kevin LynchKEVIN LYNCH
SECRETARY
- Total calculated
- $0
- Hours/week
- 5
-
Jan PowersJAN POWERS
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Lori ThielenLORI THIELEN
CHAIR
- Total calculated
- $0
- Hours/week
- 5
-
Alex DixonALEX DIXON
CEO & PRESIDENT (1/1-1/13/25)
- Total calculated
- $216,292
- From this org
- $208,662
- From related orgs
- $0
- Other
- $7,630
- Hours/week
- 60
Schedule J breakdown matched by us
- Base
- $18,462
- Bonus
- $190,181
- Other
- $19
- Deferred
- $5,617
- Nontaxable benefits
- $2,013
- Filer's total
- $216,292
-
Stacy KanskySTACY KANSKY
CCO
- Total calculated
- $429,138
- From this org
- $401,500
- From related orgs
- $0
- Other
- $27,638
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $120,853
- Bonus
- $134,505
- Other
- $146,142
- Deferred
- $5,333
- Nontaxable benefits
- $22,305
- Filer's total
- $429,138
-
Anthony WilliamsANTHONY WILLIAMS
CEO & PRESIDENT (7/1- 12/31/25)
- Total calculated
- $361,791
- From this org
- $350,144
- From related orgs
- $0
- Other
- $11,647
- Hours/week
- 60
Schedule J breakdown matched by us
- Base
- $275,000
- Bonus
- $75,000
- Other
- $144
- Deferred
- $0
- Nontaxable benefits
- $11,647
- Filer's total
- $361,791
-
Brian RakestrawBRIAN RAKESTRAW
CFO & COO
- Total calculated
- $627,547
- From this org
- $585,887
- From related orgs
- $0
- Other
- $41,660
- Hours/week
- 60
Schedule J breakdown matched by us
- Base
- $450,460
- Bonus
- $134,737
- Other
- $690
- Deferred
- $17,500
- Nontaxable benefits
- $24,160
- Filer's total
- $627,547
The first 25 listed. 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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.
Filings
-
2025
- Revenue
- $40,501,642
- Expenses
- $45,376,028
- Contributions
- $0
- Grants paid
- $3,433,623
-
2024
- Revenue
- $35,289,216
- Expenses
- $40,927,447
- Contributions
- $0
- Grants paid
- $3,777,654
-
2023
- Revenue
- $42,364,391
- Expenses
- $38,488,548
- Contributions
- $0
- Grants paid
- $4,081,812
-
2022
- Revenue
- $43,273,258
- Expenses
- $37,044,411
- Contributions
- $0
- Grants paid
- $4,724,453
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.
Other returns filed
-
2021 · 990
- Revenue
- $44,438,133
- Expenses
- $43,170,438
- Assets (EOY)
- $61,524,340
-
2020 · 990
- Revenue
- $29,067,241
- Expenses
- $28,366,159
- Assets (EOY)
- $56,519,036
-
2019 · 990
- Revenue
- $39,382,122
- Expenses
- $37,710,795
- Assets (EOY)
- $57,787,455
-
2018 · 990
- Revenue
- $38,478,705
- Expenses
- $36,803,206
- Assets (EOY)
- $57,889,927
-
2017 · 990
- Revenue
- $35,831,298
- Expenses
- $35,218,277
- Assets (EOY)
- $56,959,390
-
2016 · 990
- Revenue
- $35,923,996
- Expenses
- $34,478,413
- Assets (EOY)
- $58,473,423
-
2015 · 990
- Revenue
- $36,947,028
- Expenses
- $34,952,154
- Assets (EOY)
- $59,680,265
-
2014 · 990
- Revenue
- $32,830,365
- Expenses
- $38,345,420
- Assets (EOY)
- $59,164,753
-
2013 · 990
- Revenue
- $34,799,383
- Expenses
- $34,248,968
- Assets (EOY)
- $47,789,658
-
2012 · 990
- Revenue
- not reported
- Expenses
- $38,570,219
- Assets (EOY)
- $49,907,395
Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.
Grants made
-
SCHMITT ISLAND DEVELOPMENT CORPORATION
$5,415,180
2023 SCHMITT ISLAND FUND
-
SCHMITT ISLAND DEVELOPMENT CORPORATION
$4,909,416
2022 SCHMITT ISLAND FUND
-
SCHMITT ISLAND DEVELOPMENT CORPORATION
$2,567,428
2025 SCHMITT ISLAND FUND
-
CITY OF DUBUQUE
$1,640,487
2022 CHARITABLE CONTRIBUTION SET ASIDE FOR THE CITY OF DUBUQUE
-
SCHMITT ISLAND DEVELOPMENT CORPORATION
$1,594,594
2024 SCHMITT ISLAND FUND
-
CITY OF DUBUQUE
$1,371,386
2023 CHARITABLE CONTRIBUTION SET ASIDE FOR THE CITY OF DUBUQUE
-
CITY OF DUBUQUE
$1,289,002
2024 CHARITABLE CONTRIBUTION SET ASIDE FOR THE CITY OF DUBUQUE
-
CITY OF DUBUQUE
$1,258,831
2025 CHARITABLE CONTRIBUTION SET ASIDE FOR THE CITY OF DUBUQUE
-
$250,000
2022 FIELD OF DREAMS ACTIVITIES
-
2022 TO SUPPORT THE MISSION OF HABITAT FOR HUMANITY
The 10 largest by cash amount. The API serves every itemized grant.
Grants received
No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.
Other IRS files
Auto-Revocation List
Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.
Publication 78
Not present in the most recent drop.
These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.
What this page reflects
The registration facts above come from the IRS Business Master File published 9 November 2026 and read 9 November 2026, for every organization at once. Returns through tax year 2025, the newest we have parsed for this organization.