Nonprofit · EIN 04-3798129
PALO ALTO COUNTY GAMING DEVELOPMENT CORPORATION
Tax-exempt · EMMETSBURG, IA 50536
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $2,103,187 | $2,144,201 | -$41,014 | $4,324,308 | $229,443 | $4,094,865 |
| December 31, 2024 | 990 | $2,128,748 | $2,397,503 | -$268,755 | $4,350,833 | $214,954 | $4,135,879 |
| December 31, 2023 | 990 (amended) | $2,062,253 | $2,312,535 | -$250,282 | $4,609,035 | $204,406 | $4,404,629 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $1,999,644
- Program service revenue
- $0
- Investment income
- $103,543
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $2,075,198
- Other salaries and wages
- $13,524
- Salaries, compensation and benefits (total)
- $14,601
- Professional fundraising fees
- $0
- Accounting fees
- $17,500
- Occupancy
- $8,589
- Program services (functional)
- $2,096,593
- Management and general (functional)
- $47,608
Balance sheet and other
- Total assets, start of year
- $4,350,833
- Total assets, end of year
- $4,324,308
- Total liabilities, end of year
- $229,443
- Net assets, end of year
- $4,094,865
- Net assets without donor restrictions
- $4,094,865
- Gross receipts
- $2,103,187
- Employees
- 1
- Year formed
- 2004
- State of legal domicile
- IA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARTY BERGSTROM | TREASURER Trustee or director, Officer | – | $0 |
| TIM BRUNS | DIRECTOR Trustee or director | – | $0 |
| LANCE CLARK | DIRECTOR Trustee or director | – | $0 |
| CHERYL HARRIS | DIRECTOR Trustee or director | – | $0 |
| JOEL HOYMAN | DIRECTOR Trustee or director | – | $0 |
| JAMIE NEFF | DIRECTOR Trustee or director | – | $0 |
| MARILYN NOONAN | VICE PRESIDE Trustee or director, Officer | – | $0 |
| GRETCHEN REICHTER | PRESIDENT Trustee or director, Officer | – | $0 |
| TERRY WILLIAMS | DIRECTOR Trustee or director | – | $0 |
990 for the year ended December 31, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARTY BERGSTROM | TREASURER Trustee or director, Officer | – | $0 |
| ABBY BURNS | SECRETARY Trustee or director, Officer | – | $0 |
| CHERYL HARRIS | DIRECTOR Trustee or director | – | $0 |
| JAMIE NEFF | DIRECTOR Trustee or director | – | $0 |
| MARILYN NOONAN | VICE PRESIDE Trustee or director, Officer | – | $0 |
| GRETCHEN REICHTER | PRESIDENT Trustee or director, Officer | – | $0 |
| TERRY WILLIAMS | DIRECTOR Trustee or director | – | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BRIAN BORMANN | PRESIDENT Trustee or director, Officer | – | $0 |
| ABBY BURNS | SECRETARY Trustee or director | – | $0 |
| BILL DICKEY | VICE PRESIDE Trustee or director | – | $0 |
| DAVID HADLEY | TREASURER Trustee or director | – | $0 |
| JAN HELMKE | DIRECTOR Trustee or director, Officer | – | $0 |
| KIM HOFFMAN | DIRECTOR Trustee or director | – | $0 |
| MARILYN NOONAN | DIRECTOR Trustee or director, Officer | – | $0 |
| GRETCHEN REICHTER | DIRECTOR Trustee or director | – | $0 |
| GLEN SIMONSON | DIRECTOR Trustee or director, Officer | – | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 153, EMMETSBURG, IA 50536-0153
- Principal officer (990 for 2025)
- GRETCHEN REICHTER, 910 BROADWAY, EMMETSBURG, IA 50538
- Signed the 990
- GRETCHEN REICHTER, PRESIDENT
- Phone
- (712) 852-4777
- Website
- HTTP://PALOALTOGAMING.ORG
- Return prepared by
- FORT & SCHLEGEL CPA PC
Mission
TO OPERATE EXCLUSIVELY FOR THE PURPOSES ENUMERATED IN THE IOWA GAMING COMMISSION ACT. TO PARTICIPATE IN ANY CHARITIBLE, SCIENTIFIC OR EDUCATIONAL ACTIVITY WHICH THE BOARD OF DIRECTORS DETERMINES. TO ERECT OR MAINTAIN PUBLIC BUILDINGS OR WORKS, OR OTHERWISE LESSON THE BURDENS OF THE CITIES, COUNTIES AND STATE GOVERNMENT. TO PROVIDE FACILITIES DEDICATED EXCLUSIVELY FOR THE PROMOTION OF THE SOCIAL WELFARE OF THE COMMUNITIES AND OPEN TO ALL CITIZENS.
Program accomplishments
- TO OPERATE EXCLUSIVELY FOR THE PURPOSE ENUMERATED IN THE IOWA GAMING COMMISSION ACT. TO PARTICIPATE IN ANY CHARITABLE, SCIENTIFIC OR EDUCATIONAL ACTIVITY WHICH THE BOARD DIRECTORS DETERMINES. TO ERECT OR MAINTAIN PUBLIC BUILDINGS OR WORKS, OR OTHERWISE LESSON THE BURDENS OF THE CITIES, COUNTIES AND STATE GOVERNMENT. TO PROVIDE FACILITIES DEDICATED EXCLUSIVELY FOR THE PROMOTION OF THE SOCIAL WELFARE OF THE COMMUNITIES AND OPEN TO ALL CITIZENS.Expenses $2,096,593 · grants $2,075,198 · revenue $1,999,644
- TO OPERATE EXCLUSIVELY FOR THE PURPOSE ENUMERATED IN THE IOWA GAMING COMMISSION ACT. TO PARTICIPATE IN ANY CHARITABLE, SCIENTIFIC OR EDUCATIONAL ACTIVITY WHICH THE BOARD DIRECTORS DETERMINES. TO ERECT OR MAINTAIN PUBLIC BUILDINGS OR WORKS, OR OTHERWISE LESSON THE BURDENS OF THE CITIES, COUNTIES AND STATE GOVERNMENT. TO PROVIDE FACILITIES DEDICATED EXCLUSIVELY FOR THE PROMOTION OF THE SOCIAL WELFARE OF THE COMMUNITIES AND OPEN TO ALL CITIZENS.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 04-3798129
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible
- No
- Exempt since
- 2006
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T12)
- Assets (IRS master file)
- $4,324,308
- Income (IRS master file)
- $2,103,187
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $2,103,187 | $2,144,201 | $4,324,308 | IRS |
| 990 | December 2024 | $2,128,748 | $2,397,503 | $4,350,833 | XML |
| 990 | December 2023 | $2,062,253 | $2,312,535 | $4,609,035 | IRS |
| 990 | December 2022 | $1,933,845 | $1,546,042 | $4,747,573 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-3798129).
Questions about PALO ALTO COUNTY GAMING DEVELOPMENT CORPORATION
- What is the EIN of PALO ALTO COUNTY GAMING DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of PALO ALTO COUNTY GAMING DEVELOPMENT CORPORATION is 04-3798129.
- Is PALO ALTO COUNTY GAMING DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 2006.
- Are donations to PALO ALTO COUNTY GAMING DEVELOPMENT CORPORATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does PALO ALTO COUNTY GAMING DEVELOPMENT CORPORATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of PALO ALTO COUNTY GAMING DEVELOPMENT CORPORATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PALO ALTO COUNTY GAMING DEVELOPMENT CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of PALO ALTO COUNTY GAMING DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2025 names GRETCHEN REICHTER.
- Who are the officers and directors of PALO ALTO COUNTY GAMING DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2025 lists 9 people; 0 received compensation from the organization.
- How much revenue does PALO ALTO COUNTY GAMING DEVELOPMENT CORPORATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $2,103,187, expenses of $2,144,201 and total assets of $4,324,308 at year end.
Other nonprofits in EMMETSBURG
- PALO ALTO COUNTY HEALTH CARE FOUNDATION EIN 42-1360651 · last filed 990 for 2025
- LAKESIDE LUTHERAN HOME EIN 42-0937127 · last filed 990 for 2025
- HORIZONS UNLIMITED OF PALO ALTO COUNTY INC EIN 42-0943483 · last filed 990 for 2025
- EUGENE LEONARD TR EIN 42-6582986 · last filed 990-PF for 2025
- EMMETSBURG EDUCATION CENTER INC EIN 47-3805609 · last filed 990-EZ for 2024
- EMMETSBURG CHAMBER OF COMMERCE EIN 42-0626956 · last filed 990-EZ for 2024
- EMMETSBURG ST PATRICKS ASSOCIATION EIN 42-1162540 · last filed 990-EZ for 2024
- R I G H T INC HWY 4 SOUTH EIN 42-1335963 · last filed 990-EZ for 2025
All nonprofits in EMMETSBURG · Iowa · Philanthropy, voluntarism and grantmaking foundations