Palo Alto Cty Gaming Develop Corp
Palo Alto County Gaming Development Corporation (PACGDC) is an Iowa not-for-profit corporation based in Emmetsburg and classified as a public charity. It sponsors the license for Wild Rose Casino and Resort in Palo Alto County and receives funding from Wild Rose operations under Iowa law and its operating agreement. PACGDC distributes funds to nonprofit organizations and government entities in Palo Alto County.
Key facts about Palo Alto Cty Gaming Develop Corp
In short: Palo Alto Cty Gaming Develop Corp gave $2.1M across 33 grants in 2025 (avg $63K), mostly in Iowa. 42% of 2025 grantees were new. Source: 2025 IRS Form 990.
- EIN
- 04-3798129
- Latest 990 filing
- Form 990, 2025
- Annual giving (2025)
- $2,075,198
- Grants made (2025)
- 33
- Average grant
- $62,885
- Median grant
- $27,150
- New grantees (estimate)
- 42% first-time grantees (14 of 33, 2025)
- Total assets
- $4,324,308
- Primary geography
- Iowa (100% of itemized 2025 grant dollars)
- How to apply
- PACGDC accepts online applications from eligible organizations. Full details ↓
- Deadline
- December 31 for the annual application cycle.
Data from IRS Form 990, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2025 IRS Form 990 · View filing
Total Assets
$4.3M
-0.6% YoY
Annual Giving
$2.1M
Grant Count
33
Avg Grant Size
$63K
Is Palo Alto Cty Gaming Develop Corp open to new grantees?
42%
first-time grantees, 2025
In 2025, 14 of 33 grantees (42%) were first-time recipients. First grants averaged $37K; repeat grants $82K. How we count
Medians: $25K first-time, $54K repeat.
- Giving grew 45% from 2022 to 2025. Method
Estimate from itemized grant lists in IRS Form 990 filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
PACGDC states that its mission is to strengthen communities for future generations by creating partnerships, leveraging resources, and identifying and supporting community needs. Its filing describes activities that include charitable, scientific, and educational work determined by its board; erecting or maintaining public buildings or works; lessening the burdens of government; and providing facilities that promote community social welfare and are open to all citizens.
The organization’s grants support community projects, including capital expenditures. Its 2025 recipients included a local economic development corporation, a community assistance organization, schools, cities, a community college, a hospital, and a trail corporation. West Bend Economic Development Corp describes its mission as facilitating economic development in the West Bend area. Upper Des Moines Opportunity, Inc. describes its mission as helping build stronger communities by addressing the effects of poverty on individuals and families.
Grantmaking
PACGDC reports 33 grants totaling **$2,075,198** in 2025. Grant amounts ranged from **$7,061 to $462,789**, with a median of **$27,150**. The largest listed awards included $462,789 to UNDER 5000, $336,509 to the City of Emmetsburg, $112,000 to Emmetsburg Community School District, and $109,341 to the Graettinger Visioning Committee; each was designated for capital expenditures.
Review Cycle
** December 31 for the annual application cycle.
How to Apply
, eligible applicants are educational institutions, governmental bodies, and IRS-recognized 501(c)(3) nonprofits. Groups supporting eligible organizations may apply through a qualifying organization. Applications are submitted online, must be complete, and require someone from the applicant organization to attend an annual educational meeting before applying. Awardees sign electronic grant agreements and submit progress and final reports online. The FAQ describes restrictions on city allocation funds, including that they may not be used for political causes, individuals, operating expenses or deficits, or fundraising expenses.
Open Grants
3 open opportunities from Palo Alto Cty Gaming Develop Corp
Commercial Demolition Grant Program
Palo Alto Cty Gaming Develop Corp
Amount
Up to $5,000
Deadline
Rolling / Open
PACGDC General Grant Program
Palo Alto Cty Gaming Develop Corp
Amount
Varies
Deadline
Rolling / Open
Watershed Septic Improvement Grant Program
Palo Alto Cty Gaming Develop Corp
Amount
Up to $5,000
Deadline
Rolling / Open
Ready to take the next step with Palo Alto Cty Gaming Develop Corp?
Geographic Focus
Where this funder awards grants
PACGDC’s grantmaking and city allocations are directed to Palo Alto County, Iowa. All 2025 grant dollars were reported for recipients in Iowa.
Grant Distribution by State
Share of all 33 itemized 2025 grant dollars.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
Grant Size Distribution
62 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| UNDER 5000 Emmetsburg, IA | CAPITAL EXPENDITURES | $462,789 |
| CITY OF EMMETSBURG Emmetsburg, IA | CAPITAL EXPENDITURES | $336,509 |
| EMMETSBURG COMMUNITY SCHOOL DIST Emmetsburg, IA | CAPITAL EXPENDITURES | $112,000 |
| GRAETTINGER VISIONING COMMITTEE Graettinger, IA | CAPITAL EXPENDITURE | $109,341 |
| RUTHVEN ECONOMIC DEVELOPMENT CORPOR Ruthven, IA | CAPITAL EXPENDITURE | $104,580 |
| IOWA LAKES COMMUNITY COLLEGE Estherville, IA | CAPITAL EXPENDITURE | $99,263 |
| PALO ALTO COUNTY HOSPITAL Emmetsburg, IA | CAPITAL EXPENDITURE | $75,000 |
| CITY OF GRAETTINGER Graettinger, IA | CAPITAL EXPENDITURES | $73,597 |
| CITY OF WEST BEND West Bend, IA | CAPITAL EXPENDITURES | $69,067 |
| FIVE ISLAND TRAIL CORPORATION Emmetsburg, IA | CAPITAL EXPENDITURES | $69,000 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses |
|---|---|---|---|
| 2025 | $4,324,308 | $2,103,187 | $2,144,201 |
| 2024 | $4,350,833 | $2,128,748 | $2,397,503 |
| 2023 | $4,609,035 | $2,062,253 | $2,312,535 |
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $4,324,308 | $4,350,833 | $4,609,035 |
| Revenue | $2,103,187 | $2,128,748 | $2,062,253 |
| Expenses | $2,144,201 | $2,397,503 | $2,312,535 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $103,543 | $117,863 | $62,878 |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2023 (received by the IRS November 18, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS May 15, 2026)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Marty Bergstrom as treasurer; Marilyn Noonan as vice president; Gretchen Reichter as president; and Tim Bruns, Lance Clark, Cheryl Harris, Joel Hoyman, Jamie Neff, and Terry Williams as directors.
Palo Alto Cty Gaming Develop Corp is led by Gretchen Reichter, President since 2024 (on filings since 2021); none of the 9 officers listed in 2025 report compensation.
Officers on the 2025 filing
Gretchen Reichter
President
Director → President, 2024
On filings since 2021
No compensation reported
Terry Williams
Director
On filings since 2021
No compensation reported
Cheryl Harris
Director
On filings since 2024
No compensation reported
Jamie Neff
Director
On filings since 2024
No compensation reported
Joel Hoyman
Director
New on the 2025 filing
No compensation reported
Lance Clark
Director
New on the 2025 filing
No compensation reported
Tim Bruns
Director
New on the 2025 filing
No compensation reported
Marilyn Noonan
Vice President
Director → Vice President, 2024
On filings since 2020
No compensation reported
Marty Bergstrom
Treasurer
Director → Treasurer, 2024
On filings since 2021
No compensation reported
Former officers (9)
- Former: Abby Burns (2020–2024) — Secretary
- Former: Bill Dickey (2020–2023) — Vice President
- Former: Brian Bormann (2020–2023) — President
- Former: Glen Simonson (2020–2023) — Director
- Former: Jan Helmke (2020–2023) — Director
- Former: Kim Hoffman (2020–2023) — Director
- Former: David Hadley (2021–2023) — Treasurer
- Former: Jamey Whitney (2020) — Co-Treasurer
- Former: Jill Graham (2020) — Director
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Contact
Mailing address: PO Box 153, Emmetsburg, IA 50536
Phone: (712) 852-4777
Website: https://paloaltogaming.org
Frequently asked questions about Palo Alto Cty Gaming Develop Corp
How much does Palo Alto Cty Gaming Develop Corp give each year?
Palo Alto Cty Gaming Develop Corp gave $2.1M across 33 grants in 2025, according to its 2025 IRS Form 990.
What is Palo Alto Cty Gaming Develop Corp's typical grant size?
Palo Alto Cty Gaming Develop Corp's median grant in 2025 was $27,150, and its average grant was $62,885, across 33 grants on its 2025 IRS Form 990. Organizations receiving their first grant from Palo Alto Cty Gaming Develop Corp that year got $37K on average.
Where does Palo Alto Cty Gaming Develop Corp give grants?
Palo Alto Cty Gaming Develop Corp gives mostly in Iowa: 100% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The most frequent recipient cities were Emmetsburg, IA (8 grants), Graettinger, IA (8 grants), West Bend, IA (5 grants) and Ruthven, IA (4 grants).
Does Palo Alto Cty Gaming Develop Corp give general operating support?
Not in 2025: none of the 33 grants with a stated purpose on Palo Alto Cty Gaming Develop Corp's 2025 IRS Form 990 were described as general or operating support. Recurring purposes include "Capital Expenditures" (23 grants) and "Capital Expenditure" (7 grants).
Who are Palo Alto Cty Gaming Develop Corp's largest grantees?
Palo Alto Cty Gaming Develop Corp's largest 2025 grantees include Under 5000 ($462,789), City of Emmetsburg ($336,509) and Emmetsburg Community School Dist ($112,000), according to its 2025 IRS Form 990. Together they received 44% of its itemized 2025 grant dollars.
How large is Palo Alto Cty Gaming Develop Corp?
Palo Alto Cty Gaming Develop Corp reported $4.3M in total assets on its 2025 IRS Form 990. Its revenue that year was $2.1M.
What does Palo Alto Cty Gaming Develop Corp fund?
PACGDC states that its mission is to strengthen communities for future generations by creating partnerships, leveraging resources, and identifying and supporting community needs. Its filing describes activities that include charitable, scientific, and educational work determined by its board; erecting or maintaining public buildings or works; lessening the burdens of government; and providing facilities that promote community social welfare and are open to all citizens. The organization’s grant…
How do I apply for a grant from Palo Alto Cty Gaming Develop Corp?
PACGDC accepts online applications from eligible organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Palo Alto Cty Gaming Develop Corp's EIN?
Palo Alto Cty Gaming Develop Corp's EIN (Employer Identification Number) is 04-3798129. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.
Here's the math on researching Palo Alto Cty Gaming Develop Corp by hand.
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