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Iec Hotel Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 474344802 ✦ West des moines, IA ✦ Designated as a 501(c)(3)

Overview

What is Iec Hotel Corporation?

Iec Hotel Corporation is a nonprofit organization established to facilitate the acquisition and operation of a convention center hotel in Des Moines, Iowa, on behalf of Polk County. Since its opening in March 2018, the corporation has managed the hotel's operations, overseeing the construction and acquisition process. The hotel, adjacent to the Iowa Events Center, benefits the community by accommodating attendees of various conventions and events.


Is Iec Hotel Corporation legitimate?

Iec Hotel Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Iec Hotel Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Iec Hotel Corporation?
Who is the CEO of Iec Hotel Corporation?
What is the revenue of Iec Hotel Corporation?
Who are the executives of Iec Hotel Corporation and what are their salaries?
Where can I find the form 990 for Iec Hotel Corporation?

Mission Statement of Iec Hotel Corporation

Iec Hotel Corporation, established with the purpose of facilitating the acquisition and operation of a convention center hotel, is dedicated to bringing benefits to Polk County, Iowa. With a mission to make this venture a reality, the corporation has successfully managed the construction and acquisition of a hotel adjacent to the Iowa Events Center. Since its opening in March 2018, Iec Hotel Corporation has been overseeing the operations of this convention center hotel.

In the heart of Iowa, Iec Hotel Corporation has taken on the responsibility of running a modern and efficient hotel. The corporation's commitment to its mission is evident through its successful management of the hotel's daily operations. By providing top-notch accommodations and exceptional services, Iec Hotel Corporation has contributed significantly to the tourism industry in Polk County. The corporation's efforts have positioned it as a valuable asset, enhancing the overall convention experience for attendees and visitors.

Through its unwavering dedication, Iec Hotel Corporation continues to make a positive impact on Polk County. By offering a convenient and comfortable accommodation option for convention-goers and travelers, the corporation is strengthening the local economy and fostering growth within the community. Iec Hotel Corporation's mission to acquire and operate a convention center hotel has transformed the landscape of Polk County, drawing in travelers and boosting the area's economic development.

Impact

This information is meant to be a general summary of Iec Hotel Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

IEC Hotel Corporation's impact can be seen through its successful management of the construction and acquisition of a convention center hotel adjacent to the Iowa Events Center in Des Moines, Iowa. Since opening in March 2018, the organization has been dedicated to operating the hotel for the benefit of Polk County, Iowa. By providing accommodation and hospitality services for events and visitors in the area, IEC Hotel Corporation plays a significant role in enhancing the local community and supporting economic development. The corporation's mission to facilitate the acquisition and operation of the hotel demonstrates its commitment to promoting tourism and improving the quality of life in Polk County.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $115,535
  • Program Service Revenue: $19,680,323
  • Gross Receipts: $21,731,284

    • Assets and Liabilities:
  • Total Assets: $104,696,364
  • Total Liabilities: $100,914,811
  • Net Assets: $3,781,553
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    HOTEL OPERATIONS

    Revenue

    $17,414,172

    IOWA REINVESTMENT ACT REVENUE

    Revenue

    $1,821,202

    FACILITY FROM OPERATOR

    Revenue

    $444,949

    Organization Details

    Founding Year

    2015

    Principal Officer

    Gerard D Neugent

    Main Address

    5000 WESTOWN PARKWAY 400, WEST DES MOINES, IA, 50266

    NTEE Category

    Code: S31 - Community improvement

    If you are a representative of Iec Hotel Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.