Dubuque Racing Association Ltd

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 421235183 ✦ Dubuque, IA ✦ Designated as a 501(c)(4)

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Overview

What is Dubuque Racing Association Ltd?

The Dubuque Racing Association Ltd, based in Dubuque, Iowa, is a nonprofit organization that operates a casino gaming facility. Their primary mission is to distribute the profits generated from the casino to the city and county of Dubuque and local nonprofit organizations. By doing so, they aim to alleviate the burden on government and promote social welfare within the community. They employ a total workforce of 520 individuals, and their activities encompass the management and maintenance of a pari-mutuel dog racing facility owned and operated by another party.


Official website here: www.dradubuque.com

Is Dubuque Racing Association Ltd legitimate?

Dubuque Racing Association Ltd is a legitimate nonprofit organization registered as a 501(c)(4) entity. Dubuque Racing Association Ltd submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $13,848,114

For more financial information, click here


Official website here: www.dradubuque.com

What is the mission statement of Dubuque Racing Association Ltd?

The Dubuque Racing Association Ltd operates a casino gaming facility with the primary objective of distributing profits to local government entities and nonprofit organizations. This endeavor aims to reduce the financial burden on the government and promote social welfare within the community. The Association's mission extends to the sponsorship and support of a pari-mutuel dog racing facility owned and operated by another party. Profits from both ventures are allocated to the City of Dubuque and various local nonprofits.


Official website here: www.dradubuque.com

Who is the CEO of Dubuque Racing Association Ltd?

Alex Dixon is the Member At Large of Dubuque Racing Association Ltd. The CEO's salary of Dubuque Racing Association Ltd is $548,392 and their total compensation is $574,156.


Official website here: www.dradubuque.com

What is the revenue of Dubuque Racing Association Ltd?

Dubuque Racing Association Ltd's revenue in 2022 was $43,273,258.


Official website here: www.dradubuque.com

Who are the executives of Dubuque Racing Association Ltd and what are their salaries?

The average compensation at Dubuque Racing Association Ltd during 2022 was $26,631. There are 520 employees and 21 volunteers at Dubuque Racing Association Ltd.


Here are 27 key members and their salaries (Dubuque Racing Association Ltd's CEO's salary is $548,392 and their total compensation is $574,156):


Kay Takes (Member At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Herrig (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Dickinson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ric Jones (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paula Wolfe (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicole Gantz (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Fitzpatrick (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Donohue (1St Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Van Milligen (City Manager)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lori Thielen (2Nd Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harley Pothoff (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tyson Leyendecker (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harold Knutsen (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Dolphin (Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Emily Mccready (Member At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eden Wales-Freedman (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Herber Riedel (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Danny Sprank (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Cavanagh (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara O'Hea (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Lynch (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Rakestraw (Cfo & Coo)
  • Compensation: $498,440
  • Related: $0
  • Other: $41,014
Alex Dixon (Ceo & President)
  • Compensation: $548,392
  • Related: $0
  • Other: $25,764
Stacy Kansky (Cco)
  • Compensation: $163,360
  • Related: $0
  • Other: $10,689
Kathy Buhr (Director Of Philanthropy & Development)
  • Compensation: $127,291
  • Related: $0
  • Other: $31,218
Tresa Heber (Director Of Finance)
  • Compensation: $163,640
  • Related: $0
  • Other: $29,573
Tami Schnee (Director Of Hr)
  • Compensation: $152,752
  • Related: $0
  • Other: $19,237


Official website here: www.dradubuque.com

Where can I find the form 990 for Dubuque Racing Association Ltd?

Dubuque Racing Association Ltd's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.dradubuque.com

Learn more at the official website: www.dradubuque.com

Mission Statement of Dubuque Racing Association Ltd

The Dubuque Racing Association Ltd is dedicated to the operation of a casino gaming facility, with the profits generated being distributed to both the city and county of Dubuque and various local nonprofit organizations. This mission is designed to lessen the burden of government and promote social welfare in the community.

The Association's primary role involves the sponsorship and support of a casino gambling operation. In addition to this, they also contribute to the maintenance of the grounds and facility of a pari-mutuel dog racing facility owned and operated by another party. The proceeds from these ventures are then distributed to the named local entities.

By engaging in these activities, the Dubuque Racing Association Ltd plays a significant role in the financial well-being of the community, with the funds raised being utilized to support a range of initiatives that benefit the local population. Through its commitment to social welfare and the reduction of government responsibility, the Association continues to make a positive impact on the lives of residents in the area.

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Impact




October, 2024

Dubuque Racing Association Ltd significantly contributes to the economic and social fabric of Dubuque, Iowa, through the operation of its casino gaming facility. By generating profits that are distributed to the City and County of Dubuque, as well as various local organizations, it plays a crucial role in lessening the financial burden on government services. These funds support essential community initiatives, enhancing overall social welfare.

Additionally, the Association sponsors a pari-mutuel dog racing facility, which helps maintain local entertainment options and attracts visitors to the region. This dual operation not only stimulates the local economy but also fosters community engagement through sponsorships and support for various local programs. As a result, Dubuque Racing Association Ltd serves as an important engine for both economic growth and community development in Dubuque.




This information is meant to be a general summary of Dubuque Racing Association Ltd. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$43,273,258 (2022)
Expenses
$37,044,411 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $247,525
  • Program Service Revenue: $9,415,292
  • Gross Receipts: $68,209,908

Assets and Liabilities:

  • Total Assets: $63,024,044
  • Total Liabilities: $26,598,846
  • Net Assets: $36,425,198

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

HOTEL REVENUE

Revenue

$3,896,886

ADMISSION FEE

Revenue

$3,691,094

TICKET SALES - ENTERTAINMENT

Revenue

$1,756,045

CASH ADVANCE COMMISSION

Revenue

$71,267

Organization Details

Founding Year

1985

Principal Officer

Alex Dixon

Main Address

1855 GREYHOUND PARK DRIVE, DUBUQUE, IA, 52001

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