Overview
What is Palo Alto Cty Gaming Develop Corp?
Palo Alto Cty Gaming Develop Corp is a nonprofit organization based in Emmetsburg, Iowa. Its primary purpose, as stated in the Iowa Gaming Commission Act, is to operate for various enumerated purposes, including charitable, scientific, or educational activities. The corporation is also authorized to lessen the burdens of city, county, and state governments by erecting or maintaining public buildings or works. Moreover, it is committed to providing facilities dedicated solely for the promotion of social welfare, open to all citizens. The organization currently employs a total of 2 individuals.
Official website here: www.paloaltogaming.org
Is Palo Alto Cty Gaming Develop Corp legitimate?
Palo Alto Cty Gaming Develop Corp is a legitimate nonprofit organization registered as a 501(c)(4) entity. Palo Alto Cty Gaming Develop Corp submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $11,305
For more financial information, click here
Official website here: www.paloaltogaming.org
What is the mission statement of Palo Alto Cty Gaming Develop Corp?
The Palo Alto County Gaming Development Corporation operates primarily in accordance with the Iowa Gaming Commission Act. Their activities encompass participating in charitable, scientific, or educational initiatives, as determined by their board of directors. They also engage in constructing or maintaining public buildings or works, aiming to alleviate the burdens of local governments. Furthermore, their mission includes providing facilities dedicated to promoting social welfare within communities, ensuring they are accessible to all citizens.
Official website here: www.paloaltogaming.org
Who is the CEO of Palo Alto Cty Gaming Develop Corp?
Brian Bormann is the President of Palo Alto Cty Gaming Develop Corp.
Official website here: www.paloaltogaming.org
What is the revenue of Palo Alto Cty Gaming Develop Corp?
Palo Alto Cty Gaming Develop Corp's revenue in 2022 was $1,933,845.
Official website here: www.paloaltogaming.org
Who are the executives of Palo Alto Cty Gaming Develop Corp and what are their salaries?
The average compensation at Palo Alto Cty Gaming Develop Corp during 2022 was $5,652. There are 2 employees at Palo Alto Cty Gaming Develop Corp.
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Official website here: www.paloaltogaming.org
Where can I find the form 990 for Palo Alto Cty Gaming Develop Corp?
Palo Alto Cty Gaming Develop Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.paloaltogaming.org
Learn more at the official website: www.paloaltogaming.org
Mission Statement of Palo Alto Cty Gaming Develop Corp
Palo Alto County Gaming Development Corporation is dedicated to serving various community purposes, as outlined in the Iowa Gaming Commission Act. This organization has a multifaceted mission, which includes participating in charitable, scientific, or educational activities that its board of directors deems appropriate. Beyond this, Palo Alto County Gaming Development Corporation is also involved in constructing or maintaining public buildings and infrastructure, aiming to alleviate the burdens faced by local cities, counties, and the state government.
One of the corporation's primary objectives is to provide facilities that promote the social welfare of the communities, ensuring they remain accessible to all citizens. This mission goes beyond simply participating in various activities and constructing public buildings; it also encompasses the role of lessening the overall burden on local government. By doing so, Palo Alto County Gaming Development Corporation contributes to the betterment of its communities, ensuring they continue to thrive and progress.
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Impact
October, 2024
Palo Alto County Gaming Development Corporation significantly enhances community welfare and development in Emmetsburg, Iowa, through its strategic initiatives aligned with the Iowa Gaming Commission Act. By directing funds and resources towards charitable, scientific, and educational activities, it fosters a robust social infrastructure that benefits local residents.
The Corporation's commitment to erecting and maintaining public buildings and works alleviates the fiscal burdens on local governments, enabling cities and counties to optimize their resources for community improvements. This initiative not only enhances public amenities but also stimulates local economies through job creation and increased tourism.
Moreover, by providing facilities focused on social welfare, the Corporation ensures that opportunities for recreational, educational, and community engagement are accessible to all citizens. Its efforts contribute to a vibrant community atmosphere that promotes civic involvement and social cohesion. Overall, Palo Alto County Gaming Development Corporation plays a crucial role in uplifting the region by blending gaming interests with comprehensive community service and landscape development.
This information is meant to be a general summary of Palo Alto Cty Gaming Develop Corp. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $22,307
- Program Service Revenue: $1,911,538
- Gross Receipts: $1,933,845
Assets and Liabilities:
- Total Assets: $4,747,573
- Total Liabilities: $92,662
- Net Assets: $4,654,911
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CASINO REVENUE
Revenue
$1,911,538
Organization Details
Founding Year
2004
Phone
(712) 852-4777Principal Officer
Brian Bormann
Main Address
PO BOX 153, EMMETSBURG, IA, 50536
Website
www.paloaltogaming.orgNTEE Category
Code: T12 - Philanthropy
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