Lyon County Riverboat Foundation Inc

ROCK RAPIDS, IA EIN: 27-1024697 Website

TO DISTRIBUTE FUNDS RECEIVED FROM THE GRAND FALLS CASINO & RESORT TO QUALIFIED NON-PROFIT ORGANIZATIONS INCLUDING COUNTY, MUNICIPALITIES AND SCHOOL DISTRICTS IN ACCORDANCE WITH IOWA CODE.

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$2.8M

+1.3% YoY

Annual Giving

$3.2M

-3.2% YoY

Grant Count

37

+2.8% YoY

Avg Grant Size

$86K

-5.8% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$3M$4M20202021202220232024
Metric202420232022
Total Assets$2,824,558$2,788,927$2,314,021
Revenue$3,596,972$3,692,299$3,510,157
Expenses$3,491,635$3,589,578$3,489,709
Qualifying Distributions
Net Investment Income$120,894$29,919$11,303
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$822K$2M$2M$3M15 grants202046 grants202139 grants202236 grants202337 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

INWOOD FIRERESCUE$350KCENTRAL LYON CSD$281KGEORGE LITTLE ROCK CSD$281KWEST LYON CSD$281KLYON COUNTY FAIR ASSOCIA…$175KLYON COUNTY$119KLYON COUNTY SHERIFF$110KCITY OF ROCK RAPIDS$103KMERRILL PIONEER COM HOSP…$100KCITY OF GEORGE$92K

Grant Size Distribution

173 grants across all recorded years

72<$50K59$50–100K27$100–250K15$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Lyon County Riverboat Foundation Inc fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
TOM VERSTEEGBOARD MEMBER1
JOE SCHILLINGBOARD MEMBER1
RICK BOSBOARD MEMBER1
DENNIS HASELHOFFBOARD MEMBER1
LAUREL REINKEBOARD MEMBER1
FRED LANDISBOARD MEMBER1
SAMANTHA ROZEBOOMBOARD MEMBER1
SHAYLYN DOORNEWEERDSecretary1
BRIENNA BRUGGEMANBOARD MEMBER1
SARA SPROCKTreasurer1
RANDY WAAGMEESTERPresident2
ASHLEY TEUNISSENBOARD MEMBER1
AARON KELDERMANVice President1

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

3states

Cities

AlvordBrandonCrooksDoonGeorgeHillsInwoodLarchwoodLesterLittle RockMatlockMontezumaRemsenRock RapidsRock ValleySheldonSioux CenterSioux CitySioux FallsSpencer

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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