Nonprofit · EIN 48-1160138
PRATT AREA ECONOMIC DEVELOPMENT CORPORATION
Tax-exempt · PRATT, KS 67124
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $66,357 | $169,983 | -$103,626 | $317,460 | $95,522 | $221,938 |
| December 31, 2024 | 990 | $67,344 | $374,037 | -$306,693 | $312,126 | $136,562 | $175,564 |
| December 31, 2023 | 990 | $66,723 | $157,720 | -$90,997 | $515,257 | $33,000 | $482,257 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $60,000
- Investment income
- $6,357
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $120,920
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $1,375
- Accounting fees
- $3,719
- Program services (functional)
- $134,795
- Management and general (functional)
- $35,188
Balance sheet and other
- Total assets, start of year
- $312,126
- Total assets, end of year
- $317,460
- Total liabilities, end of year
- $95,522
- Net assets, end of year
- $221,938
- Net assets without donor restrictions
- $221,938
- Gross receipts
- $66,357
- Employees
- 0
- Year formed
- 1994
- State of legal domicile
- KS
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHASE GALLE | PRESIDENT Trustee or director, Officer | – | $0 |
| CASEY GARTEN | BOARD MEMBER Trustee or director | – | $0 |
| DAKOTA HOLTGRIEVE | BOARD MEMBER Trustee or director | – | $0 |
| LINDA LANTERMAN | BOARD MEMBER Trustee or director | – | $0 |
| JACKIE MUNDT | SECRETARY Trustee or director, Officer | – | $0 |
990 for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHASE GALLE | PRESIDENT Trustee or director, Officer | – | $0 |
| CASEY GARTEN | BOARD MEMBER Trustee or director | – | $0 |
| DAKOTA HOLTGRIEVE | BOARD MEMBER Trustee or director | – | $0 |
| LINDA LANTERMAN | BOARD MEMBER Trustee or director | – | $0 |
| JACKIE MUNDT | SECRETARY Trustee or director, Officer | – | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RUTH ANN BARKER | SECRETARY/TR Trustee or director, Officer | – | $0 |
| CASEY GARTEN | BOARD MEMBER Trustee or director | – | $0 |
| BRUCE GIVENS | PRESIDENT Trustee or director, Officer | – | $0 |
| DAKOTA HOLTGRIEVE | BOARD MEMBER Trustee or director | – | $0 |
| JACKIE MUNDT | BOARD MEMBER Trustee or director | – | $0 |
Address and contacts
- Address (IRS master file)
- 301 S MAIN ST, PRATT, KS 67124-2707
- In care of
- % PRATT AREA CHAMBER OF COMMERCE
- Principal officer (990 for 2025)
- CHASE GALLE, 211 S MAIN, PRATT, KS 67124
- Signed the 990
- CHASE GALLE, PRESIDENT
- Phone
- (620) 672-5501
- Website
- WWW.CITYOFPRATTKS.COM
- Return prepared by
- CRAMER TAYLOR & NELSON CPAS INC
Mission
TO CREATE AN ATMOSPHERE CONDUCIVE TO BUSINESS AND JOB CREATION AND EXPANSION WITHIN PRATT COUNTY, KS
Program accomplishments
- BUSINESS ASSISTANCE- GRANTS OFFERED TO IMPROVE THE BUILDING FACADES OF LOCAL BUSINESSESExpenses $5,000 · grants $5,000 · revenue $30,000
- BUSINESS ASSISTANCE-GRANTS PROVIDED TO IMPROVE INFRASTRUCTURE AND CREATE JOBSExpenses $129,795 · grants $115,920 · revenue $30,000
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 48-1160138
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1998
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $317,460
- Income (IRS master file)
- $66,357
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $66,357 | $169,983 | $317,460 | IRS |
| 990 | December 2024 | $67,344 | $374,037 | $312,126 | XML |
| 990 | December 2023 | $66,723 | $157,720 | $515,257 | XML |
| 990 | December 2022 | $61,225 | $183,826 | $573,254 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 48-1160138).
Questions about PRATT AREA ECONOMIC DEVELOPMENT CORPORATION
- What is the EIN of PRATT AREA ECONOMIC DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of PRATT AREA ECONOMIC DEVELOPMENT CORPORATION is 48-1160138.
- Is PRATT AREA ECONOMIC DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1998.
- Are donations to PRATT AREA ECONOMIC DEVELOPMENT CORPORATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does PRATT AREA ECONOMIC DEVELOPMENT CORPORATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of PRATT AREA ECONOMIC DEVELOPMENT CORPORATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PRATT AREA ECONOMIC DEVELOPMENT CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of PRATT AREA ECONOMIC DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2025 names CHASE GALLE.
- Who are the officers and directors of PRATT AREA ECONOMIC DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does PRATT AREA ECONOMIC DEVELOPMENT CORPORATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $66,357, expenses of $169,983 and total assets of $317,460 at year end.
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