2024-07-10T15:26:00-05:00 2023-12-31 420946155 HONKAMP KRUEGER & CO PC 2345 JOHN F KENNEDY ROAD DUBUQUE IA 52002 990 2023-01-01 421235183 DUBUQUE RACING ASSOCIATION LTD DUBU 5635823647 1855 GREYHOUND PARK DRIVE DUBUQUE IA 52001 ALEX DIXON CEO & PRESIDENT 5635823647 2024-06-18 1 ALEX DIXON 999009999 0 STEPHANIE K METTILLE CPA P01359962 5635560123 2024-06-18 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z ALEX DIXON 1855 GREYHOUND PARK DRIVE DUBUQUE IA 52001 65152772 0 X WWW.DRADUBUQUE.COM X 1985 IA 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 21 21 577 21 0 0 0 0 9415292 11075270 247525 1029821 33610441 30259300 43273258 42364391 4724453 4081812 0 0 17406419 18438084 0 0 0 14913539 15968652 37044411 38488548 6228847 3875843 63024044 72291767 26598846 31990726 36425198 40301041 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. 0 0 0 3864054 SPONSORSHIP OF A CASINO GAMBLING OPERATION AND SUPPORT, INCLUDING MAINTENANCE OF GROUNDS AND FACILITY, OF A PARI-MUTUEL DOG RACING FACILITY OWNED AND OPERATED BY ANOTHER PARTY, WITH PROFITS DISTRIBUTED TO THE CITY OF DUBUQUE AND LOCAL NONPROFIT ORGANIZATIONS. 32175472 4081812 32183788 OPERATION OF A CASINO GAMING FACILITY WITH PROFITS DISTRIBUTED TO THE CITY OF DUBUQUE AND LOCAL NONPROFIT ORGANIZATIONS. 5314325 5331778 OPERATION OF A HOTEL AND RESTAURANT FACILITY ADJACENT TO ASSOCIATION'S CASINO. 37489797 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 6100 1 577 1 0 0 0 0 0 0 0 0 0 0 X 21 21 0 1 0 0 0 0 0 1 1 0 0 0 1 0 1 1 1 1 1 0 IA X TRESA HEBER 5635823647 1855 GREYHOUND PARK DRIVE DUBUQUE IA 52001 KAY TAKES SECRETARY 5.00 X X 0 0 0 RON HERRIG MEMBER 1.00 X 0 0 0 RICHARD DICKINSON TREASURER 5.00 X X 0 0 0 RIC JONES MEMBER 1.00 X 0 0 0 PAULA WOLFE MEMBER 1.00 X 0 0 0 NICOLE GANTZ MEMBER 1.00 X 0 0 0 MIKE FITZPATRICK MEMBER 1.00 X 0 0 0 MIKE DONOHUE CHAIR 5.00 X X 0 0 0 MICHAEL VAN MILLIGEN CITY MANAGER 1.00 X X 0 0 0 LORI THIELEN 1ST VICE CHAIR 5.00 X X 0 0 0 HARLEY POTHOFF MEMBER 1.00 X 0 0 0 TYSON LEYENDECKER 2ND VICE CHAIR 5.00 X X 0 0 0 HAROLD KNUTSEN MEMBER 1.00 X 0 0 0 GARY DOLPHIN MEMBER AT LARGE 5.00 X X 0 0 0 EMILY MCCREADY MEMBER AT LARGE 5.00 X X 0 0 0 DR HERBER RIEDEL MEMBER 1.00 X 0 0 0 DANNY SPRANK MEMBER 1.00 X 0 0 0 MAYOR BRAD CAVANAGH MEMBER 1.00 X 0 0 0 BARBARA O'HEA MEMBER 1.00 X 0 0 0 KEVIN LYNCH PAST CHAIR 5.00 X X 0 0 0 JAN POWER MEMBER 1.00 X 0 0 0 BRIAN RAKESTRAW CFO & COO 60.00 X 553838 0 43211 ALEX DIXON CEO & PRESIDENT 60.00 X 694199 0 38345 STACY KANSKY CCO 50.00 X 324350 0 26618 CHRIS KOLLE VP OF HR & CONTINUOUS IMPROVEMENT 60.00 X 240466 0 17431 TRESA HEBER DIRECTOR OF FINANCE 50.00 X 158345 0 27750 KATHY BUHR DIRECTOR OF PHILANTHROPY & 50.00 X 122571 0 31949 2093769 0 185304 6 0 1 0 DLR GROUP 1430 LOCUST ST STE 200 DES MOINES IA 50309 ARCHITECTURE 3365346 CONLON CONSTRUCTION CO 501 BELL ST STE 402 DUBUQUE IA 52001 CONSTRUCTION 1461256 BAILEE TOURING CORP 126 3RD AVE N FRANKLIN TN 37064 THEATRICAL PRODUCERS AND SERVICES 497455 WIRED PRODCUTION GROUP 2037 N TOWNE LN NE CEDAR RAPIDS IA 52402 DESIGN/MARKETING 485201 ARISTOCRAT TECHNOLOGIES INC 10220 ARISTOCRAT WAT LAS VEGAS NV 89135 GAMING 442281 19 HOTEL REVENUE 713200 4226088 4226088 ADMISSION FEE 713200 3898853 3898853 TICKET SALES - ENTERTAINMENT 713200 2889724 2889724 CASH ADVANCE COMMISSION 713200 60605 60605 11075270 984771 984771 45050 0 45050 45050 45050 47394239 19962728 27431511 27431511 4694525 2825653 1868872 1868872 MISC 713200 652496 652496 ATM SURCHARGE 713200 434725 434725 HGA LOAN VALUATION 713200 -128304 -128304 958917 42364391 41379620 0 984771 4081812 4081812 14683421 14683421 494012 494012 2027968 2027968 1232683 1232683 58414 58414 65616 65616 874721 874721 1178004 1178004 114934 114934 280774 280774 2443521 2443521 91852 91852 421838 421838 4139440 4139440 690916 690916 ENTERTAINMENT 2638160 2638160 SUPPLIES 696735 696735 LEASE EXPENSE 535307 535307 DCI FEES 445762 445762 1292658 1292658 38488548 37489797 998751 0 9064512 5960167 12565467 20470209 563311 783054 168063 157472 679821 749533 99358361 67576972 34582799 31781389 5661 5661 1220051 1029031 4174359 11355251 63024044 72291767 4050758 6456577 77224 76516 11803615 14830028 10667249 10627605 26598846 31990726 X 36425198 40301041 36425198 40301041 63024044 72291767 3875843 0 X X 0 1 X 1 0 12901340 4257368 8643972 42115852 24694645 17421207 23162449 19498190 3664259 21178720 19126769 2051951 31781389 DEFERRED MAINTENANCE FUNDS 102159 CONSTRUCTION IN PROGRESS 8527862 RIGHT OF USE ASSET 2189769 INTEREST RATE SWAP DERIVATIVE 535461 11355251 ACCRUED GRANTS 10092144 DERIVATIVE LIABILITY 535461 10627605 X 59191808 21196777 21196777 37995031 4369360 4369360 42364391 55315965 21196777 21196777 34119188 4369360 4369360 38488548 PART X, LINE 2: THE ASSOCIATION IS EXEMPT FROM INCOME TAXES OTHER THAN UNRELATED BUSINESS INCOME UNDER SECTION 501(C)(4) OF THE INTERNAL REVENUE CODE AND A SIMILAR SECTION OF THE STATE INCOME TAX LAW. THE ASSOCIATION IS ALSO EXEMPT FROM STATE INCOME TAX. PART XI, LINE 2D - OTHER ADJUSTMENTS: GAMING EXPENSES 19,962,728. COGS 1,106,251. OTHER ALLOWANCES / PROMOS 127,798. PART XI, LINE 4B - OTHER ADJUSTMENTS: PROMOTIONAL ALLOWANCE EXPENSE INCLUDED IN GAMING REVENUE 3,146,809. FOOD/BEVERAGE ALLOWANCE EXPENSE NETTED WITH REVENUE 1,222,551. PART XII, LINE 2D - OTHER ADJUSTMENTS: GAMING EXPENSES 19,962,728. COGS 1,106,251. OTHER ALLOWANCES / PROMOS 127,798. PART XII, LINE 4B - OTHER ADJUSTMENTS: PROMOTIONAL ALLOWANCE EXPENSE INCLUDED IN GAMING REVENUE 3,146,809. FOOD/BEVERAGE ALLOWANCE EXPENSE NETTED WITH REVENUE 1,222,551. 1 ANDREW VOLUNTEER FIREMEN INC PO BOX 32 ANDREW IA 52030 421179624 501(C)(3) 7583 0 PURCHASE OF SEATING CAMP ALBRECHT ACRES OF THE MIDWEST PO BOX 50 SHERRILL IA 52073 421125110 501(C)(3) 10000 0 STAFF RECRUITMENT INCENTIVES CASCADE AMBULANCE SERVICE 16264 0 CASCADE AMBULANCE SERVICE SUSTAINABILITY STUDY CENTRALIA PEOSTA COMMUNITY FIRE DEPARTMENT 8579 TENNIS LANE PEOSTA IA 52068 421465914 501(C)(3) 16153 0 SOUND SYSTEM INSTALLATION AND PORTABLE TABLES CITY OF DUBUQUE 50 W 13TH STREET DUBUQUE IA 52001 426004596 CITY OF DUBUQUE 1371386 0 CHARITABLE CONTRIBUTION SET ASIDE FOR THE CITY OF DUBUQUE CITY OF MAQUOKETA 201 E PLEASANT ST MAQUOKETA IA 52060 25000 0 MAQUOKETA CENTRAL SQUARE SITE PREPARATION CITY OF PRESTON PO BOX 37 PRESTON IA 52069 426005133 501(C)(3) 15000 0 MAIN STREET SQUARE COLTS YOUTH ORGANIZATION 2300 TWIN VALLEY DRIVE DUBUQUE IA 52003 421057444 501(C)(3) 10000 0 COLTS AUDIO SYSTEM ADVANCEMENTS COMMUNITY FOUNDATION OF GREATER DUBUQUE 700 LOCUST STREET SUITE 195 DUBUQUE IA 52001 421526614 501(C)(3) 75000 0 TO SUPPORT THE MISSION OF THE COMMUNITY FOUNDATION COMMUNITY SOLUTIONS OF EASTERN IOWA (CSEI) 7600 COMMERCE PARK DUBUQUE IA 52002 842847366 501(C)(3) 10000 0 CSEI STRATEGIC FUNDRAISING PLAN AND PHOTO VOICE PROJECT CREATIVE ADVENTURE LAB 210 JONES ST STE 100 DUBUQUE IA 52001 263523626 501(C)(3) 20000 0 WALK-IN CERAMICS PROGRAM EXPANSION DUBUQUE AREA LABOR HARVEST 2617 NEW HAVEN STREET DUBUQUE IA 52001 421321098 501(C)(3) 10000 0 FOOD GIVEAWAYS AND HOT BREAKFAST PROGRAM DUBUQUE AREA LABOR MANAGEMENT COUNCIL PO BOX 14 DUBUQUE IA 52004 421319578 501(C)(3) 20000 0 RETAINING OUR YOUTH IN THE TRI-STATES DUBUQUE ARTS COUNCIL 2728 ASBURY ROAD SUITE 220 DUBUQUE IA 52001 421051941 501(C)(3) 15000 0 DUBUQUE ARTS COUNCIL CAPACITY BUILDING DUBUQUE CHORALE INC 900 JACKSON ST LL5-2D DUBUQUE IA 52001 205778500 501(C)(3) 9285 0 SONGFEST23 DUBUQUE COMMUNITY SCHOOL DISTRICT 2300 CHANEY ROAD DUBUQUE IA 52001 426001531 125000 0 DUBUQUE COMMUNITY SCHOOLS STRATEGIC INITIATIVE DUBUQUE COUNTY BASKETBALL ACADEMY 25000 0 DCBA CARES DUBUQUE DREAM CENTER 1600 WHITE ST DUBUQUE IA 52001 811062794 501(C)(3) 15000 0 KEEPING THE DREAM ALIVE DUBUQUE ESPORTS LEAGUE 3220 DODGE ST STE 209 DUBUQUE IA 52002 884130087 501(C)(3) 10000 0 LEVELING UP TOMORROW'S GAME-CHANGERS DUBUQUE JAYCEES PO BOX 63 DUBUQUE IA 52004 421341284 501(C)(3) 20000 0 FIREWORKS AND AIR SHOW DUBUQUE SYMPHONY ORCHESTRA 2728 ASBURY ROAD SUITE 900 DUBUQUE IA 52001 237429727 501(C)(3) 25000 0 CELEBRATING 65 YEARS OF THE DUBUQUE SYMPHONY ORCHESTRA DUBUQUE YOUTH FOOTBALL & CHEER 10000 0 2023 EXPANSION DYERSVILLE RURAL COMMUNITY FOOD PANTRY 602 THIRD STREET SE DYERSVILLE IA 52040 208196586 501(C)(3) 30000 0 IMPROVING COMMUNICATION AND COMMUNITY OUTREACH TO STAMP OUT HUNGER FINLEY HEALTH FOUNDATION INC 350 N GRANDVIEW AVENUE DUBUQUE IA 52001 421286953 501(C)(3) 15000 0 SENIOR STUDENT PROMISE PROGRAM FOUR MOUNDS FOUNDATION 4900 PERU ROAD DUBUQUE IA 52001 421265303 501(C)(3) 25000 0 FUND DEVELOPMENT AND MARKETING - FOUR MOUNDS SITE EXPANSION FRIENDS OF JACKSON COUNTY CONSERVATION 18670 63RD STREET MAQUOKETA IA 52060 421521029 501(C)(3) 25000 0 HURSTVILLE INTERPRETIVE CENTER CAVE & WOODLAND EDUCATIONAL DISPLAY FRIENDS OF ST MARYS DBA STEEPLE SQUARE PO BOX 3188 DUBUQUE IA 52004 464898142 501(C)(3) 50000 0 DESTINATION ENHANCEMENT AND MARKETING OF STEEPLE SQUARE FRIENDS OF THE BELMONT MOUND STATE PARK PO BOX 126 BELMONT WI 53510 851387605 501(C)(3) 15000 0 PLAYGROUND IMPROVEMENT PROJECT GIRL SCOUTS OF EASTERN IOWA AND WESTERN ILLINOIS 2644 PENNSYLVANIA AVENUE DUBUQUE IA 52001 421008848 501(C)(3) 25000 0 NEW CABIN AT CAMP LITTLE CLOUD HOLY FAMILY SCHOOLS 2005 KANE DUBUQUE IA 52001 420792429 20000 0 STUDENT IMPACT FUND GROWTH JUNIOR ACHIEVEMENT OF THE HEARTLAND 900 JACKSON ST LL5-2F DUBUQUE IA 52004 364439179 501(C)(3) 10000 0 ECONOMIC LITERACY INITIATIVE SUPPORTING DBQ COUNTY SCHOOLS MERCYONE DUBUQUE FOUNDATION 250 MERCY DRIVE DUBUQUE IA 52001 262227941 501(C)(3) 15000 0 GROWING OUR HEALTH CARE WORKFORCE MIRACLE LEAGUE OF DUBUQUE 1200 CORTEZ DR DUBUQUE IA 52001 812454858 501(C)(3) 25000 0 HAVE A SEAT PROGRAM MULTICULTURAL FAMILY CENTER 1157 CENTRAL AVENUE DUBUQUE IA 52001 270751743 501(C)(3) 15000 0 MFC MARKETING, REBRANDING AND REIMAGINING NORTHEAST IOWA COMMUNITY COLLEGE FOUNDATION INC 8342 NICC DR PEOSTA IA 52068 421178729 501(C)(3) 25000 0 SUPPORTING STUDENTS, SUPPORTING SUCCESS NORTHEAST IOWA SCHOOL OF MUSIC 2728 ASBURY RD SUITE 200 DUBUQUE IA 52001 421510485 501(C)(3) 10000 0 DRIFTLESS REGION YOUTH MUSIC FESTIVAL OPENING DOORS 1561 JACKSON STREET DUBUQUE IA 52001 421490364 501(C)(3) 10000 0 ON MY OWN - PERMANENT SUPPORTIVE HOUSING PROSPERITY EASTERN IOWA INC 7600 COMMERCE PARK DUBUQUE IA 52002 261487858 501(C)(3) 50000 0 FIELDS OF OPPORTUNITIES IMPLEMENTATION RISING STAR THEATER COMPANY 1310 WHITE ST DUBUQUE IA 52001 273639305 501(C)(3) 10000 0 RSTC NEW EDUCATION PROGRAM SAINT 4 LIFE FOUNDATION 1800 ADMIRAL SHEEHY DR DUBUQUE IA 52001 874200481 501(C)(3) 50000 0 ICE ARENA CONTROL ROOM EQUIPMENT PROJECT SCHMITT ISLAND DEVELOPMENT CORPORATION 1800 ADMIRAL SHEEHY DR DUBUQUE IA 52001 920629253 501(C)(3) 5415180 0 SCHMITT ISLAND FUND SHAKE RAG ALLEY INC 18 SHAKERAG STREET MINERAL POINT WI 53565 260094618 501(C)(3) 10000 0 SUPPORT FOR THE HISTORIC PRESERVATION OF SHAKE RAG ALLEY'S COACH HOUSE SPECIAL OLYMPICS IOWA 551 SE DOVETAIL RD PO BOX 620 GRIMES IA 50111 510176029 501(C)(3) 20000 0 WINTER GAMES ST VINCENT DE PAUL DUBUQUE IOWA 4990 RADFORD ROAD DUBUQUE IA 52002 420890358 501(C)(3) 35000 0 BACK2WORK WORKFORCE TRAINING PROGRAM THE DRIVER OPERA HOUSE RESTORATION INC PO BOX 62 DARLINGTON WI 53530 261812695 501(C)(3) 14000 0 MARKETING FOR THE DRIVER OPERA HOUSE THE FOUNTAIN OF YOUTH PROGRAM 220 W 7TH ST DUBUQUE IA 52001 813722764 501(C)(3) 25000 0 ICARE TRANSPORTATION TRAVEL DUBUQUE 280 MAIN STREET DUBUQUE IA 52001 463010125 501(C)(6) 100000 0 DUBUQUE/ORLANDO MISSION TRIP UNITED WAY OF DUBUQUE AREA TRI-STATES 215 WEST SIXTH STREET DUBUQUE IA 52001 420761060 501(C)(3) 75000 0 COMMUNITY IMPACT ON POVERTY UW PLATTEVILLE FOUNDATION INC ULLSVIK HALL 1 UNIVERSITY PLAZA PLATTEVILLE WI 53818 396051705 501(C)(3) 25000 0 RECRUITING AND RETAINING DIVERSE POPULATIONS TO THE TRI-STATES VETERAN'S FREEDOM CENTER 2245 KERPER BLVD DUBUQUE IA 52001 460898891 501(C)(3) 10872 0 MEMORIAL DAY PARADE VETERAN'S FREEDOM CENTER 2245 KERPER BLVD DUBUQUE IA 52001 460898891 501(C)(3) 10200 0 TRAILER AND TOOLS REQUEST VOICES PRODUCTIONS PO BOX 3095 DUBUQUE IA 52004 461571632 501(C)(3) 20000 0 VOICES STUDIOS LAUNCH 1 X X X X 0 0 0 0 0 1 0 0 0 ALEX DIXON CEO & PRESIDENT 517500 0 176400 0 299 0 11634 0 26711 0 732544 0 0 0 BRIAN RAKESTRAW CFO & COO 369688 0 183463 0 687 0 16500 0 26711 0 597049 0 0 0 STACY KANSKY CCO 275000 0 48732 0 618 0 0 0 26618 0 350968 0 0 0 CHRIS KOLLE VP OF HR & CONTINUOUS IMPROVEMENT 189667 0 50726 0 73 0 0 0 17431 0 257897 0 0 0 TRESA HEBER DIRECTOR OF FINANCE 133575 0 24340 0 430 0 7917 0 19833 0 186095 0 0 0 KATHY BUHR DIRECTOR OF PHILANTHROPY & 104708 0 17800 0 63 0 0 0 31949 0 154520 0 0 0 PART I, LINE 1A THE ORGANIZATION PAID COUNTRY CLUB DUES IN THE AMOUNT OF $220 FOR THE YEAR TO THE DUBUQUE GOLF & COUNTRY CLUB FOR THE CEO. PART I, LINE 6 THE CEO'S BONUS FOR THE YEAR IS BASED ON A PERCENTAGE OF ADJUSTED EARNINGS BEFORE TAX, INTEREST, DEPRECIATION AND AMORTIZATION (EBTIDA), AS DEFINED IN HIS WRITTEN EMPLOYMENT AGREEMENT. FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION ENGAGED AIMBRIDGE HOSPITALITY, LLC TO OVERSEE MANAGERIAL DUTIES OF THE HOTEL OPERATION. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED FOR COMPLETENESS AND ACCURACY BY THE CHIEF FINANCIAL OFFICER AND THE DIRECTOR OF FINANCE PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS, DIRECTORS AND KEY EMPLOYEES ARE INSTRUCTED TO BRING ANY CONFLICTS OF INTEREST TO THE ATTENTION OF MANAGEMENT IF THEY ARISE. FORM 990, PART VI, SECTION B, LINE 15 MARKET BASED COMPENSATION STUDIES ARE PERFORMED BY AN OUTSIDE CONSULTANT. SUGGESTIONS ARE TAKEN INTO CONSIDERATION WHEN DETERMINING COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. FORM 990, PART XI, LINE 2C THE AUDIT COMMITTEE'S PROCEDURES FOR OVERSIGHT OF THE AUDIT HAVE NOT CHANGED FROM THE PRIOR YEAR. THE AUDIT COMMITTEE MEETS WITH AUDITORS AND APPROVES THE AUDIT PRIOR TO PRESENTATION TO THE FULL BOARD.