Washington County Riverboat logo

Washington County Riverboat

WASHINGTON, IA EIN: 20-1730015 Website

The Washington County Riverboat Foundation is a 501(c)(4) civic league and nonprofit organization based in Washington, Iowa. Founded in 2004, it serves as the nonprofit license holder for Riverside Casino and Golf Resort. The organization distributes grants to nonprofit organizations and local governments throughout Washington County and surrounding areas to support community development and improvement projects.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$4.0M

-28.2% YoY

Annual Giving

$6.5M

+66.9% YoY

Grant Count

63

+57.5% YoY

Avg Grant Size

$103K

+5.9% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

Mission: The Washington County Riverboat Foundation provides significant financial resources to nonprofit organizations and local governments to complete projects that make Washington County Iowa a better place to live and work.

Primary Funding Areas:

  • Community Development and Beautification
  • Economic Development
  • Education and Arts
  • Human Services
  • Philanthropy and Grantmaking

Grantmaking

The foundation operates two primary grant programs:

Average Grant

amount: $848–$1,115,483

How to Apply

**

Ready to take the next step with Washington County Riverboat?

Geographic Focus

Where this funder awards grants

Washington County, Iowa, with some funding extending to surrounding areas including Nebraska.

Grant Distribution by State

3states

Cities

AinsworthAmesBrightonCedar RapidsCoralvilleCrawfordsvilleDes MoinesHarperHiawathaHillsIowa CityJohnstonKalonaKeotaLettsLone TreeMarionMartinsburgMount PleasantMt Pleasant

Financial History

Multi-year comparison from IRS filings

2024 Financial Data:

  • Total Assets: $4,014,705
  • Total Revenue: $5,106,067
  • Total Expenses: $6,750,783
  • Net Income: -$1,644,716
  • Total Liabilities: $1,200
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$6M$7M20202021202220232024
Metric202420232022
Total Assets$4,014,705$5,588,911$4,408,667
Revenue$5,106,067$5,172,098$5,022,916
Expenses$6,750,783$4,049,675$2,372,024
Qualifying Distributions
Net Investment Income$174,940$150,145$35,798
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$3M$5M$7M45 grants202014 grants202121 grants202240 grants202363 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

CITY OF WELLMAN$511KCOMMUNITY FOUNDATION OF …$500KCITY OF KALONA$300KDOMESTIC VIOLENCE INTERV…$288KKALONA VOLUNTEER FIRE DEPT$230KWASHINGTON COMMUNITY SCH…$120KKALONA HISTORICAL SOCIETY$100KKEOTA COMMUNITY SCHOOLS$100KWASHINGTON COUNTY CONSER…$97KWASHINGTON COUNTY CONSER…$95K

Grant Size Distribution

170 grants across all recorded years

111<$50K26$50–100K20$100–250K3$250–500K8$500K–1M2$1–5M$5M+

Open Grants

1 open opportunity from Washington County Riverboat

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

  • Patty Koller – Executive Director
  • Tim Putney – Founding President
  • Karen Hobbs – Founding Secretary
  • Mark Kendall – Founding Treasurer

Compensation Overview

From 2024 IRS filing

KOLLER PATTYEXECUTIVE DIRECTOR$60K

From 2024 filing

NameTitleHoursCompensation
SEXTON STEPHANIEPRESIDENT1
VINCENT MICHAELVICE PRESIDENT1
KNUPP MARY ANNTREASURER1
HOFFMAN DAVIDSECRETARY2
COBB MARKDIRECTOR1
DENNLER KARENDIRECTOR1
ENGLE JAKEDIRECTOR1
HAMILTON BRANDONDIRECTOR1
HAUTH JIMDIRECTOR1
HAWORTH ZACHDIRECTOR1
PATTERSON TODDDIRECTOR1
READ JONDIRECTOR1
RICH BECKYDIRECTOR1
ROWE ANDYDIRECTOR1
KOLLER PATTYEXECUTIVE DIRECTOR20$59,517

Recent News & Activity

Recent developments and announcements

2025

The foundation announced 2025 Spring Grant Awards totaling $4,306,524 in May 2025. Recent recipients include organizations focused on healthcare infrastructure, education facilities, community recreation, and emergency services. The foundation continues to accept applications on a seasonal basis, with spring and fall grant cycles.

Washington County Riverboat Foundation

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

What could you do with Washington County Riverboat on Grantable?

  • Assess strategic fit with your organization
  • Draft a tailored letter of inquiry
  • Find open RFPs from this funder
  • Monitor for new funding opportunities