Skip to content
Nonprofiteer
← All organizations

DUBUQUE RACING ASSOCIATION LTD

EIN 42-1235183 DUBUQUE, IA

Browse the largest nonprofits in Iowa

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 Takes

    2ND VICE CHAIR

    Total calculated
    $0
    Hours/week
    5
  • Brad Cavanagh

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Chad Wolbers

    MEMBER AT LARGE

    Total calculated
    $0
    Hours/week
    1
  • Danny Sprank

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Ric Jones

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Nicole Gantz

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Paula Wolfe

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Richard Dickinson

    MEMBER AT LARGE

    Total calculated
    $0
    Hours/week
    5
  • Mike Donohue

    PAST CHAIR

    Total calculated
    $0
    Hours/week
    5
  • Ron Herrig

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Emily McCready

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Tyson Leyendecker

    1ST VICE CHAIR

    Total calculated
    $0
    Hours/week
    5
  • Dawn Lueken

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Gary Dolphin

    TREASURER

    Total calculated
    $0
    Hours/week
    5
  • Mike Fitzpatrick

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Harley Pothoff

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Michael Van Milligen

    CITY MANAGER

    Total calculated
    $0
    Hours/week
    1
  • Barbara O'Hea

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Kevin Lynch

    SECRETARY

    Total calculated
    $0
    Hours/week
    5
  • Jan Powers

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Lori Thielen

    CHAIR

    Total calculated
    $0
    Hours/week
    5
  • Alex 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 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 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 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

The 10 largest by cash amount. The API serves every itemized grant.

Where these grants went next →

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.