EIN 42-1244913

Prairie Meadows Race Track & Casino

IRS 501(c) type
501(c)(4)
Num. employees
1,293
State
Year formed
1984
Most recent tax filings
2022-12-01
Description
We will value our guests, employees and community through outstanding racing, gaming and entertainment that exceeds expectations.
Also known as...
Prairie Meadows Race Track and Casino
Total revenues
$2,499,338,526
2022
Total expenses
$2,455,002,478
2022
Total assets
$290,547,398
2022
Num. employees
1,293
2022

Program areas at Prairie Meadows Race Track & Casino

Prairie Meadows Race Track and Casino, Inc. (PMRC) is a not-for-profit corporation whose members consist of government, civic and business representatives in central Iowa and which operates a race track, casino and related facilities in furtherance of its mission to promote social welfare and economic development. As a not-for-profit corporation, and pursuant to section 99F.6(4)(A) of the Iowa Code, PMRC is required to distribute its profits for "educational, civic, public, charitable, patriotic, or religious" uses as defined in Section 99B.7(3) (B) of the Iowa Code. Accordingly, PMRC's profits have been distributed as required by Iowa Code. In 2022, $11.7 million of PMRC's profits were distributed to Polk County, $5.1 million to the City of Des Moines, $9.9 million was distributed to organizations such as the Polk County School Districts ($896,000), and the Greater Des Moines Partnership ($330,000).

Grants made by Prairie Meadows Race Track & Casino

GranteeGrant descriptionAmount
Youth and Shelter Services (YSS)Yss Recovery Campus Project$600,000
Wesley Community ServicesSo Much More Than Meals$500,000
Hope MinistriesEmpowering Women. Uplifting the Community.$375,000
...and 182 more grants made totalling $8,286,308

Who funds Prairie Meadows Race Track & Casino

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
American Quarter Horse AssociationRacing Challenge$106,716

Personnel at Prairie Meadows Race Track & Casino

NameTitleCompensation
Palmer Gary EPresident , Chief Executive Officer$1,515,875
Atkin Ann MSenior Vice President - Chief Operating Officer$568,492
Elaine CastellineVice President of Finance and Chief Financial Officer$289,387
Wilkie MicheleSenior Vice President of Administration , Chief Administrative Officer / Vice President of Human Resources$359,380
Stewart JulieVice President of Business Development / Vice President of Community Relations$239,474
...and 9 more key personnel

Financials for Prairie Meadows Race Track & Casino

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$2,498,900,568
Investment income and dividends$418,038
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$19,920
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$2,499,338,526

Form 990s for Prairie Meadows Race Track & Casino

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-02990View PDF
2021-122022-11-03990View PDF
2020-122021-11-09990View PDF
2019-122021-06-08990View PDF
2018-122019-12-13990View PDF
...and 9 more Form 990s

Organizations like Prairie Meadows Race Track & Casino

OrganizationLocationRevenue
Community Health ChoiceHouston, TX$898,426,979
MDwiseIndianapolis, IN$1,873,130,560
Western Health AdvantageSacramento, CA$674,431,140
Security Health Plan of WisconsinMarshfield, WI$1,309,605,178
Tufts Associated Health Maintenance OrganizationCanton, MA$3,001,930,351
Blue PlusSaint Paul, MN$3,006,142,678
Delta Dental of WisconsinStevens Point, WI$861,111,598
Blue Cross Blue Shield of Massachusetts HMO BlueBoston, MA$5,527,610,698
Sutter Health PlusSacramento, CA$652,440,680
Delta Dental of IllinoisNaperville, IL$954,890,066
Data update history
January 21, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 21, 2024
Updated personnel
Identified 3 new personnel
December 31, 2023
Used new vendors
Identified 2 new vendors, including , and
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
September 26, 2023
Received grants
Identified 1 new grant, including a grant for $106,716 from American Quarter Horse Association
Nonprofit Types
Recreational clubsParks and recreation centers
Issues
Human services
Characteristics
No characteristics found
General information
Address
PO Box 1000
Altoona, IA 50009
Metro area
Des Moines-West Des Moines, IA
County
Polk County, IA
Website URL
prairiemeadows.com/ 
Phone
(515) 967-1000
Facebook page
PrairieMeadows 
Twitter profile
@prairiemeadows 
IRS details
EIN
42-1244913
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1984
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
N50: Recreational, Pleasure, or Social Club
NAICS code, primary
713940: Fitness and Recreational Sports Centers
Parent/child status
Independent
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