Mission
THE CORPORATION HAS BEEN FORMED TO FACILITATE THE ACQUISITION AND OPERATION OF A CONVENTION CENTER HOTEL FOR THE BENEFIT OF POLK COUNTY, IOWA.
Public Charity
IEC HOTEL CORPORATION
IEC HOTEL CORPORATION, of WEST DES MOINES, IA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $23.5M in revenue, $24.0M in expenses, $95.9M in total assets.
EIN: 474344802
WEST DES MOINES, IA
Urban & Community Economic Development
NTEE: S31
Latest filing: 2024
Total Revenue$23.5M
Total Expenses$24.0M
Total Assets$95.9M
Grant Records0
Filing Years2019–2024
Where $100 goes at Iec Hotel Corporation
How Iec Hotel Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.
$63
Programs
the work itself
$37
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $63 for programs
$63
The corporation managed the construction and acquisition of a convention center hotel adjacent to the iowa events center in des moines, iowa
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Officers & Directors
SECRETARY
Adam Kaduce
TREASURER
Allen Mckinley
DIRECTOR
Annette Renaud
PRESIDENT
Gerard D Neugent
DIRECTOR
Grant Friesth
DIRECTOR
Mark Wandro
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $23.5M | $24.0M | $95.9M |
| 2023 | $24.1M | $22.8M | $103.0M |
| 2022 | $21.7M | $21.1M | $104.7M |
| 2020 | $8.0M | $17.2M | $102.4M |
| 2019 | $20.4M | $23.3M | $108.6M |
Between 2019 and 2024, reported annual revenue grew from $20.4M to $23.5M (+15%), with total assets most recently reported at $95.9M.
Interactive year-over-year charts and full filing details available with membership.