PRAIRIE MEADOWS RACE TRACK AND CASINO INC
PO Box 1000, Altoona, IA 50009 www.prairiemeadows.com

Total Revenue
$2,339,117,040
Total Expenses
$2,321,085,852
Net Assets
$87,250,437

Organizations Filed Purposes: Operated exclusively for the promotion of social welfare in central Iowa in close conjunction with state and local government.

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. 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. See Continuation on Schedule OIn 2019, $10.4 million of PMRC's profits were distributed to Polk County, approximately $4.5 million to the City of Des Moines, and approximately $7.1 million were distributed to organizations such as the Polk County School Districts (approximately $944,000), City of West Des Moines ($600,000), ChildServe Foundation ($500,000), Easter Seals Society of Iowa ($400,000), and the Greater Des Moines Partnership ($330,000).

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Gary PalmerPresident, CEO55$865,582
Ann AtkinSR VP-Chief Operating Officer55$436,035
Bradley RhinesExecutive Vice President55$422,334
Elaine CastellineVP of Finance, CFO55$251,209
Clinton PursleyVP of Security55$250,499
Clay WilleyVP of Hospitality55$242,399
Edward LlambiasVP of Casino Ops55$237,270
Derron HeldtVP of Racing55$231,320
Michele WilkieVP of Human Resources55$220,230
Susan VossBoard Member4$1,256
Mary SimonBoard Member4$450
Mark CooperBoard Member4$300
Bob O'HollearnBoard Member4$300
Gerry NeugentVice Chair4$300
Michael GartnerBoard Member4$0
Marty MartinBoard Member4$0
Lisa Moody-Tunks End 1119Board Member4$0
Ken Sagar Start 1119Board Member4$0
Karen Novak Swalwell End 1119Board Member4$0
Frank Marasco Start 1119Board Member4$0
Dennis AlbaughBoard Member4$0
Bob ChittendenBoard Member4$0
Suku RadiaSecretary4$0
Kurt RasmussenChairman4$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202012799349300001_public.xml