Civic Intelligence

Greater Dubuque Development Corporation

EIN 42-1263173 • 501(c)6 • Dubuque, IA

Profile

Serves the existing business community and develops workforce solutions and sustainable innovation that enhances the entire greater dubuque area.

900 Jackson St 109Dubuque, IA 52001

www.greaterdubuque.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

12th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

13th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Net Margin

12th percentile

-11%

Higher net margin than 12% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

95th percentile

$414,305

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 21.0% of source-year revenue.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Asset Growth

13th percentile

-12%

Faster asset growth than 13% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

68th percentile

13%

Faster revenue growth than 68% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$1,497,388

Down $200,991 (-12%) from 2023

Liabilities

Down

$0

Down $5,466 (-100%) from 2023

Net Assets

Down

$1,497,388

Down $195,525 (-12%) from 2023

Revenue

Up

$1,975,766

Up $222,629 (+13%) from 2023

Expenses

Up

$2,193,405

Up $90,329 (+4.3%) from 2023

Net Income

Up

-$217,639

Up $132,300 (+38%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $1,356,378Liabilities 2011: $347,146Net Assets 2011: $1,009,2322011Assets 2012: $3,849,105Liabilities 2012: $128,657Net Assets 2012: $3,720,4482012Assets 2013: $3,443,343Liabilities 2013: $142,303Net Assets 2013: $3,301,0402013Assets 2014: $3,488,673Liabilities 2014: $95,740Net Assets 2014: $3,392,9332014Assets 2015: $2,524,994Liabilities 2015: $126,728Net Assets 2015: $2,398,2662015Assets 2016: $2,112,024Liabilities 2016: $173,915Net Assets 2016: $1,938,1092016Assets 2017: $1,756,477Liabilities 2017: $162,290Net Assets 2017: $1,594,1872017Assets 2018: $2,016,890Liabilities 2018: $0Net Assets 2018: $2,016,8902018Assets 2019: $2,009,329Liabilities 2019: $0Net Assets 2019: $2,009,3292019Assets 2020: $2,178,446Liabilities 2020: $0Net Assets 2020: $2,178,4462020Assets 2021: $2,423,341Liabilities 2021: $0Net Assets 2021: $2,423,3412021Assets 2022: $2,015,086Liabilities 2022: $0Net Assets 2022: $2,015,0862022Assets 2023: $1,698,379Liabilities 2023: $5,466Net Assets 2023: $1,692,9132023Assets 2024: $1,497,388Liabilities 2024: $0Net Assets 2024: $1,497,3882024

Highlighted filing

2024

Assets$1,497,388
Liabilities$0
Net Assets$1,497,388

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $935,027Expenses 2011: $1,583,763Net Income 2011: -$648,7362011Expenses 2012: $1,612,8342012Expenses 2013: $1,555,6612013Revenue 2014: $1,913,488Expenses 2014: $1,821,595Net Income 2014: $91,8932014Revenue 2015: $1,266,040Expenses 2015: $1,885,707Net Income 2015: -$619,6672015Revenue 2016: $1,387,255Expenses 2016: $1,847,412Net Income 2016: -$460,1572016Revenue 2017: $2,021,551Expenses 2017: $2,365,473Net Income 2017: -$343,9222017Revenue 2018: $2,148,146Expenses 2018: $1,725,443Net Income 2018: $422,7032018Revenue 2019: $1,998,114Expenses 2019: $2,005,675Net Income 2019: -$7,5612019Revenue 2020: $2,108,132Expenses 2020: $1,939,015Net Income 2020: $169,1172020Revenue 2021: $2,101,635Expenses 2021: $1,856,740Net Income 2021: $244,8952021Revenue 2022: $1,776,596Expenses 2022: $2,184,851Net Income 2022: -$408,2552022Revenue 2023: $1,753,137Expenses 2023: $2,103,076Net Income 2023: -$349,9392023Revenue 2024: $1,975,766Expenses 2024: $2,193,405Net Income 2024: -$217,6392024

Highlighted filing

2024

Revenue$1,975,766
Expenses$2,193,405
Net Income-$217,639

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.50$0.00$1.50$1.98$2.19$0.22
2023Detailed filing. Detailed filing data is available for this year.$1.70$0.01$1.69$1.75$2.10$0.35
2022Detailed filing. Detailed filing data is available for this year.$2.02$0.00$2.02$1.78$2.18$0.41
2021Detailed filing. Detailed filing data is available for this year.$2.42$0.00$2.42$2.10$1.86$0.24
2020Detailed filing. Detailed filing data is available for this year.$2.18$0.00$2.18$2.11$1.94$0.17
2019Detailed filing. Detailed filing data is available for this year.$2.01$0.00$2.01$2.00$2.01$0.01
2018Detailed filing. Detailed filing data is available for this year.$2.02$0.00$2.02$2.15$1.73$0.42
2017Detailed filing. Detailed filing data is available for this year.$1.76$0.16$1.59$2.02$2.37$0.34
2016Detailed filing. Detailed filing data is available for this year.$2.11$0.17$1.94$1.39$1.85$0.46
2015Detailed filing. Detailed filing data is available for this year.$2.52$0.13$2.40$1.27$1.89$0.62
2014Detailed filing. Detailed filing data is available for this year.$3.49$0.10$3.39$1.91$1.82$0.09
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.44$0.14$3.30$1.56
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.85$0.13$3.72$1.61
2011Summary only. Only limited summary data is available for this year.$1.36$0.35$1.01$0.94$1.58$0.65
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Apr 28, 2025
Return Version
2023v6.0
Gross Receipts
$1,975,766
Mission and Program Overview

Mission

Serves the existing business community and develops workforce solutions and sustainable innovation that enhances the entire greater dubuque area.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$1,692,913$1,497,388▼ $195,525
Cash and Non-Interest-Bearing Accounts$1,273,504$1,118,707▼ $154,797
Savings and Temporary Cash Investments$378,785$342,720▼ $36,065
Land, Buildings, and Equipment, Net$35,015$22,350▼ $12,665
Accounts Receivable$11,075$13,611▲ $2,536
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$1,698,379$1,497,388▼ $200,991
Liabilities
Accounts Payable and Accrued Expenses$5,466$0▼ $5,466
Total Liabilities$5,466$0▼ $5,466
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,692,913$1,497,388▼ $195,525
Total Liabilities and Net Assets / Fund Balance$1,698,379$1,497,388▼ $200,991

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$22,350$332,539$354,889
Leasehold Improvements$0$337,743$337,743
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Richard E DickinsonExecutive DirectorFT$267,979$146,326$414,305

Board Members and Trustees

NameTitle
Alex DixonChair
Joe HearnPast Chair
Brad CavanaughExecutive Committee
David BeckerExecutive Committee
Dean WilgenbuschExecutive Committee
Drew TownsendExecutive Committee
Jim CollinsExecutive Committee
Karen JonesExecutive Committee
Kay TakesExecutive Committee
Mark DicksonExecutive Committee
Michael C Van MilligenExecutive Committee
Tom TownsendExecutive Committee
Tom WoodwardExecutive Committee
Wayne BreckonExecutive Committee
Wayne KennikerExecutive Committee
Wendy RundeExecutive Committee
Zach KeelingExecutive Committee
Amy HawkinsMember
Andy MozenaMember
Chad ChandleeMember
Chandra RavadaMember
Cydney LovellMember
Danny SprankMember
David DahmsMember
Davin CurtissMember
Derek DuehrMember
Fletcher LamkinMember
Gwen MoserMember
Jacque RaheMember
Jason WestonMember
Jeff StaudenmaierMember
Jeffrey F BullockMember
Jennifer HavensMember
Jill ConnorsMember
Justin MottetMember
Laura RoussellMember
Matt MulliganMember
Mike FortmanMember
Mike PortzenMember
Nicole BreitbachMember
Pat ReadyMember
Shannon LundgrenMember
Tim HodgeMember
Dan WalshTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
David J LyonsStrategic Initiatives Consulting5804 PLEASANT DR, Des Moines, IA 50312$107,960
Revenue and Support

Revenue Composition

Contributions and Grants
$742,966
Program Service Revenue
$1,159,584
Investment Income
$37,892
Other Revenue
$35,324
All Other Contributions
$742,966
Change in Net Assets
$-217,639

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,975,766
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$22,114
Total Revenue per Audited Statements
$1,997,880
Total Revenue per Form 990
$1,975,766
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,446,803
Other Expenses$746,602
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$810,625
Current Officers, Directors, Trustees, and Key Employees---$328,782
Advertising---$283,083
Other Employee Benefits---$122,233
Pension Plan Contributions---$111,054
Occupancy---$107,254
Payroll Taxes---$74,109
Depreciation Depletion---$28,619
Travel---$25,896
Fees for Services Accounting---$25,203
Office Expenses---$21,053
Conferences and Meetings---$13,109
Fees for Services Other---$11,026
Insurance---$10,252
Other Expenses---$6,777
All Other Expenses---$3,259
Information Technology---$1,230
Total Functional Expenses$0$0$0$2,193,405

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,193,405
Total Expenses per Audited Statements$2,193,405
Total Expenses per Form 990$2,193,405
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The organization's form 990 is reviewed by the president, executive director, treasurer, and one other key employee of the organization.

Form 990, Part VI, Section B, Line 15

The board determines the compensation.

Form 990, Part VI, Section C, Line 19

The organization sends the audit to the city, county, dubuque initiatives and dubuque racing association, ltd. Otherwise, it will be made available upon request.

Filing and Contact Details

Filer

Filer Name
Greater Dubuque Development Corporation
EIN
42-1263173
Phone
5635579049
Address
900 JACKSON ST 109, DUBUQUE, IA 52001

Signing Officer

Name
Rick Dickinson
Title
President & Chief Executive Officer
Phone
5635579049
Signed
2025-04-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rick Dickinson
Formed
1984
Legal Domicile
Ia
Voting Board Members
44
Independent Board Members
44
Employees
12
Volunteers
44

Preparer

Firm
Honkamp Pc
Address
2345 JOHN F KENNEDY ROAD, DUBUQUE, IA 52002
Preparer
Jennifer a Faust CPA
Phone
5635560123
Supplemental Narrative

Additional Explanations

Part XII, Line 1

The taxpayer prepares their financial statements on the modified cash basis of accounting. Under this basis, pledges receivable and contract revenues are recognized as revenue on the date of receipt and cash payments for lease expenses are recognized as expenditures on the date of payment. An accrual method is used to account for accounts receivable, property and equipment, notes receivable, amounts owed to vendors for operations and payroll and withholding taxes not yet deposited with the government.

FORM 990, PART XI, LINE 2C:

The procedures for the committee that assumes responsibility for the oversight of the audit have not changed from the prior year.

Financial Statement Notes

PART X, LINE 2:

Greater dubuque development corporation is exempt from income taxes under section 501(c)(6) of the irc and comparable state law, which provides tax exemption for entities organized and operated to promote the common business interest of their members and are typically business leagues, chambers of commerce, trade associations or professional associations.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/TitleTxt3EXECUTIVE COMMITTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5MEMBER
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IRS990/Form990PartVIISectionAGrp/TitleTxt9EXECUTIVE COMMITTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12EXECUTIVE COMMITTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt13MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14EXECUTIVE COMMITTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt15MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt16MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt17MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt18MEMBER
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IRS990/Form990PartVIISectionAGrp/TitleTxt22MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt23EXECUTIVE COMMITTEE
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IRS990/Form990PartVIISectionAGrp/TitleTxt29EXECUTIVE COMMITTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt30MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt31EXECUTIVE COMMITTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt32MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt33MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt34MEMBER
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IRS990/Form990PartVIISectionAGrp/TitleTxt37MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt38EXECUTIVE COMMITTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt39EXECUTIVE COMMITTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt40EXECUTIVE COMMITTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt41EXECUTIVE COMMITTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt42EXECUTIVE COMMITTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt43EXECUTIVE COMMITTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt44EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01984
IRS990/FormerOfcrEmployeesListedInd00

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