Based in DUBUQUE, IA, SCHMITT ISLAND DEVELOPMENT CORPORATION operates as a Public Charity. The organization reported $1.3M in revenue, $1.4M in expenses, $733K in total assets for fiscal year 2025. Imperigo tracks 4 reported grant relationships connected to this organization totaling approximately $14.5M.
MANAGING THE ICE ARENA AND SCHMITT ISLAND ASSETS BENEFITS THE COMMUNITY BY PROVIDING CONSISTENT AND EXPANDED RECREATIONAL OPPORTUNITIES FOR THE COMMUNITY. IN ADDITION, THIS ORGANIZATION LESSENS THE BURDEN OF THE GOVERNMENT'S TIME AND RESOURCES TO MANAGE THE FACILITIES AND ITS PROGRAMS.
How Schmitt Island Development Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 4 years.
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Showing up to 5 of 4 total records — full history available with membership.
Officer compensation and complete director data available with membership.
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $1.3M | $1.4M | $733K |
| 2024 | $1.2M | $1.3M | $800K |
| 2023 | $1.6M | $1.3M | $949K |
| 2022 | $696K | $340K | $606K |
Between 2022 and 2025, reported annual revenue grew from $696K to $1.3M (+91%), with total assets most recently reported at $733K.
Interactive year-over-year charts and full filing details available with membership.
