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Nonprofit · EIN 42-1165790

DUBUQUE INITIATIVES

Tax-exempt · DUBUQUE, IA 52001

Financials

$2.7M$726K2023$1.6M$1.7M2024
Revenue Expenses · by fiscal year end
Financials of DUBUQUE INITIATIVES by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,578,490$1,675,067-$96,577$12,656,159$157,518$12,498,641
December 31, 2023990$2,717,894$726,010$1,991,884$13,884,284$1,498,016$12,386,268
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$960,000
of which government grants
$585,000
Program service revenue
$0
Investment income
$534,175
Net gain from sales of assets
$272,016
Other revenue
$84,315

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$109,406
Accounting fees
$72,799
Occupancy
$113,207
Depreciation
$214,202
Program services (functional)
$1,498,759
Management and general (functional)
$176,308

Balance sheet and other

Total assets, start of year
$13,884,284
Total assets, end of year
$12,656,159
Total liabilities, end of year
$157,518
Net assets, end of year
$12,498,641
Land, buildings and equipment
$758,544
Net assets without donor restrictions
$12,498,641
Gross receipts
$2,420,998
Employees
0
Volunteers
15
Year formed
1998
State of legal domicile
IA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
YINDRA DIXONDIRECTOR
Trustee or director
1$0
DAVID RESNICKDIRECTOR
Trustee or director
1$0
MICHAEL VAN MILLIGENDIRECTOR
Trustee or director
1$0
CAPRICE JONESDIRECTOR
Trustee or director
1$0
RICK DICKINSONDIRECTOR
Trustee or director
1$0
KEVIN LYNCHPRESIDENT
Trustee or director, Officer
1$0
SUSAN FARBERDIRECTOR
Trustee or director
1$0
DAWN LUEKENDIRECTOR
Trustee or director
1$0
JB PRIEST PHDDIRECTOR
Trustee or director
1$0
MIKE JANSENDIRECTOR
Trustee or director
1$0
BRAD CAVANAUGHDIRECTOR
Trustee or director
1$0
KRISTIN DIETZELDIRECTOR
Trustee or director
1$0
JEFF VASSENDIRECTOR
Trustee or director
1$0
POPPY CONLONTREASURER
Trustee or director, Officer
1$0
DREW TOWNSENDDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 14 people
NameTitleHours / weekCompensation
YINDRA DIXONDIRECTOR
Trustee or director
1$0
DAVID RESNICKDIRECTOR
Trustee or director
1$0
MICHAEL VAN MILLIGENDIRECTOR
Trustee or director
1$0
CAPRICE JONESDIRECTOR
Trustee or director
1$0
RICK DICKINSONDIRECTOR
Trustee or director
1$0
KEVIN LYNCHPRESIDENT
Trustee or director, Officer
1$0
SUSAN FARBERDIRECTOR
Trustee or director
1$0
TORI RICHTERTREASURER
Trustee or director, Officer
1$0
JB PRIEST PHDDIRECTOR
Trustee or director
1$0
MIKE JANSENDIRECTOR
Trustee or director
1$0
BRAD CAVANAUGHDIRECTOR
Trustee or director
1$0
ERNEST JACKSONDIRECTOR
Trustee or director
1$0
JEFF VASSENDIRECTOR
Trustee or director
1$0
POPPY CONLONDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
50 W 13TH ST, DUBUQUE, IA 52001-4805
In care of
% WILLIAM CALLAHAN
Principal officer (990 for 2024)
KEVIN LYNCH, 50 W 13TH STREET, DUBUQUE, IA 52001
Signed the 990
KEVIN LYNCH, PRESIDENT
Phone
(563) 589-4393
Return prepared by
HONKAMP PC

Mission

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

990 for the year ended December 31, 2024

Program accomplishments

  • 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

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
42-1165790
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1985
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$12,656,159
Income (IRS master file)
$2,420,998

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,578,490$1,675,067$12,656,159IRS
990December 2023$2,717,894$726,010$13,884,284XML
990December 2022$283,656$264,166$15,110,909IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 42-1165790).

Questions about DUBUQUE INITIATIVES

What is the EIN of DUBUQUE INITIATIVES?
The employer identification number (EIN) of DUBUQUE INITIATIVES is 42-1165790.
Is DUBUQUE INITIATIVES tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1985.
Are donations to DUBUQUE INITIATIVES tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does DUBUQUE INITIATIVES file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of DUBUQUE INITIATIVES due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did DUBUQUE INITIATIVES last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of DUBUQUE INITIATIVES?
The 990 for the year ended December 31, 2024 names KEVIN LYNCH.
Who are the officers and directors of DUBUQUE INITIATIVES?
The 990 for the year ended December 31, 2024 lists 15 people; 0 received compensation from the organization.
How much revenue does DUBUQUE INITIATIVES have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,578,490, expenses of $1,675,067 and total assets of $12,656,159 at year end.

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