Overview

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Est.

2006

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

The Palo Alto County Economic Development Corporation (EIN: 37-1524573) is a nonprofit organization dedicated to community improvement in Palo Alto County. With an operating budget of $167.6K and total revenue of $180.3K for the 2025 filing year, the organization focuses on facilitating economic development through the support of existing businesses, job retention, marketing, and tourism, while striving to enhance the quality of life for all residents. Notably, it appears to rely on a single funder, which contributes significantly to its overall revenue. For more information, visit www.paloaltoiowa.com.

Mission Statement

THE PALO ALTO COUNTY ECONOMIC DEVELOPMENT CORPORATION WILL SERVE AS A FACILITATOR OF ECONOMIC DEVELOPMENT BY ENCOURAGING AND PROMOTING GROWTH IN THE AREAS OF EXISTING BUSINESSES/EXPANSION, JOB RETENTION, MARKETING, TOURISM, AND TO PROVIDE LEADERSHIP TO HELP IMPROVE THE QUALITY OF LIFE FOR ALL RESIDENTS IN PALO ALTO COUNTY.
Revenues
$180.3K
Expenses
$167.6K
Net Income:
+$12.6K
Assets
$423.1K
Liabilities
$0
Net Assets:
+$423.1K
Operating Budget
$167.6K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$60K
Largest grant received
$60K
K
Kim Kibbie
Board Member
B
Beth Elman
Board Member
C
Craig Merrill
Board Member

Frequently Asked Questions

What is PALO ALTO COUNTY ECONOMIC DEVELOPMENT CORPORATION’s budget?
In 2025, PALO ALTO COUNTY ECONOMIC DEVELOPMENT CORPORATION reported an annual operating budget of around $168 thousand. More detailed financial information is available to registered users.
What causes does PALO ALTO COUNTY ECONOMIC DEVELOPMENT CORPORATION support?
PALO ALTO COUNTY ECONOMIC DEVELOPMENT CORPORATION supports work in Community improvement.
Where does PALO ALTO COUNTY ECONOMIC DEVELOPMENT CORPORATION operate?
PALO ALTO COUNTY ECONOMIC DEVELOPMENT CORPORATION is headquartered in Algona, IA.
Who funded PALO ALTO COUNTY ECONOMIC DEVELOPMENT CORPORATION recently?
In 2014, PALO ALTO COUNTY ECONOMIC DEVELOPMENT CORPORATION received grants from PALO ALTO CTY GAMING DEVELOP CORP. More information on this organization’s funders is available to registered users.
What is the largest grant PALO ALTO COUNTY ECONOMIC DEVELOPMENT CORPORATION received in 2014?
The largest grant to PALO ALTO COUNTY ECONOMIC DEVELOPMENT CORPORATION in 2014 exceeds $60 thousand.
What is PALO ALTO COUNTY ECONOMIC DEVELOPMENT CORPORATION’s reliance on government grants?
PALO ALTO COUNTY ECONOMIC DEVELOPMENT CORPORATION relied on government grants for more than 55% of their total revenue in 2025.