Palo Alto Cty Gaming Develop Corp logo

Palo Alto Cty Gaming Develop Corp

Foundation · Grantmaker Emmetsburg, IA EIN: 04-3798129 Website

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.

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

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

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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

1state

Share of all 33 itemized 2025 grant dollars.

States

Cities

EmmetsburgGraettingerWest BendRuthvenCylinderMallardAyrshireCurlewRodmanEstherville

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$3M23 grants202012 grants202117 grants20220 grants20230 grants202433 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Under 5000: $463KUnder 5000$463KCity of Emmetsburg: $337KCity of Emmetsburg$337KEmmetsburg Community School Dist: $112KEmmetsburg Community SchoolDist$112KGraettinger Visioning Committee: $109KGraettinger VisioningCommittee$109KRuthven Economic Development Corpor: $105KRuthven Economic DevelopmentCorpor$105KIowa Lakes Community College: $99KIowa Lakes Community College$99KPalo Alto County Hospital: $75KPalo Alto County Hospital$75KCity of Graettinger: $74KCity of Graettinger$74KCity of West Bend: $69KCity of West Bend$69KFive Island Trail Corporation: $69KFive Island Trail Corporation$69K

Grant Size Distribution

62 grants across all recorded years

37<$50K14$50–100K6$100–250K5$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
UNDER 5000 Emmetsburg, IACAPITAL EXPENDITURES$462,789
CITY OF EMMETSBURG Emmetsburg, IACAPITAL EXPENDITURES$336,509
EMMETSBURG COMMUNITY SCHOOL DIST Emmetsburg, IACAPITAL EXPENDITURES$112,000
GRAETTINGER VISIONING COMMITTEE Graettinger, IACAPITAL EXPENDITURE$109,341
RUTHVEN ECONOMIC DEVELOPMENT CORPOR Ruthven, IACAPITAL EXPENDITURE$104,580
IOWA LAKES COMMUNITY COLLEGE Estherville, IACAPITAL EXPENDITURE$99,263
PALO ALTO COUNTY HOSPITAL Emmetsburg, IACAPITAL EXPENDITURE$75,000
CITY OF GRAETTINGER Graettinger, IACAPITAL EXPENDITURES$73,597
CITY OF WEST BEND West Bend, IACAPITAL EXPENDITURES$69,067
FIVE ISLAND TRAIL CORPORATION Emmetsburg, IACAPITAL 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
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$3M202020212022202320242025
Metric202520242023
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

  1. Updated Form 990 for fiscal year 2023 (received by the IRS November 18, 2025)
  2. Added Form 990 for fiscal year 2025 (received by the IRS May 15, 2026)
  3. 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.

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