2020-11-12T09:04:58-06:00 2019-12-31 420714325 RSM US LLP 400 LOCUST STREET SUITE 640 DES MOINES IA 503092354 990 2019-01-01 474344802 IEC HOTEL CORPORATION IECH 5152225201 5000 WESTOWN PARKWAY NO 400 WEST DES MOINES IA 50266 GERARD D NEUGENT PRESIDENT 5152225201 2020-11-09 1 KATHY FAIRCHILD P00222608 5152848660 2020-11-09 75.162.201.239 2020-11-09 16:38:15 CS P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 A9DDADD049304401995D20F2CACE8540D24C3DEF 2019 2021-01-29 14:40:06Z GERARD D NEUGENT 5000 WESTOWN PARKWAY NO 400 WEST DES MOINES IA 50266 20403080 0 X N/A X 2015 IA ACQUISITION AND OPERATION OF A CONVENTION CENTER HOTEL FOR THE BENEFIT OF POLK COUNTY, IOWA. 7 7 0 7 0 0 22424141 1618333 11947398 18682262 86436 102485 0 0 34457975 20403080 0 0 0 0 0 0 0 0 0 14730292 23331723 14730292 23331723 19727683 -2928643 112582696 108611835 94937662 98138900 17645034 10472935 THE CORPORATION HAS BEEN FORMED TO FACILITATE THE ACQUISITION AND OPERATION OF A CONVENTION CENTER HOTEL FOR THE BENEFIT OF POLK COUNTY, IOWA. 0 0 14129106 18682262 THE CORPORATION MANAGED THE CONSTRUCTION AND ACQUISITION OF A CONVENTION CENTER HOTEL ADJACENT TO THE IOWA EVENTS CENTER IN DES MOINES IOWA. THE ORGANIZATION HAS MANAGED THE OPERATIONS OF THE HOTEL SINCE IT OPENED IN MARCH 2018. 14129106 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 0 0 0 IA X WAYNE REAMES 5152834660 666 WALNUT STREET SUITE 2000 DES MOINES IA 50309 X GERARD D NEUGENT PRESIDENT 5.00 X X 0 0 0 MICHAEL GALLOWAY VICE PRESIDENT 2.50 X X 0 0 0 ADAM KADUCE TREASURER 2.50 X X 0 0 0 GRANT FRIESTH SECRETARY 2.50 X X 0 0 0 ALLEN MCKINLEY DIRECTOR 2.50 X 0 0 0 BONNIE CAMPBELL DIRECTOR 2.50 X 0 0 0 ANNETTE RENAUD DIRECTOR 2.50 X 0 0 0 0 0 0 0 0 0 0 TOWNE PARK LLC PO BOX 79349 BALTIMORE MD 212790349 PARKING SERVICES 664067 GENESIS DEVELOPMENT 1809 W 2ND AVE INDIANOLA IA 50125 LAUNDRY SERVICES 425306 MIDAMERICAN ENERGY SERVICES LLC PO BOX 8020 DAVENPORT IA 52808 UTILITIES 387598 ENCORE EVENT TECHNOLOGIES INC 1500 W SHURE DR ARLINGTON HEIGHTS IL 60004 AV RENTAL 255671 CHM WARNICK 548 CABOT ST BEVERLY MA 01915 ASSET MANGEMENT 172036 7 200000 1418333 1618333 HOTEL OPERATIONS 721110 17079420 17079420 IOWA REINVESTMENT ACT REVENUE 721110 1178518 1178518 FACILITY FROM OPERATOR 721110 424324 424324 18682262 102485 102485 20403080 18682262 0 102485 399918 212000 187918 14283 14283 61930 61930 2145299 2145299 302307 302307 2007262 2007262 6237813 6237813 2693176 2693176 137144 130536 6608 HOTEL OPERATIONS 9331702 9331702 ADMINISTRATIVE AND GENE 889 889 23331723 14129106 9202617 0 10783728 9858175 1141807 1148236 574052 651974 30479 34779 688621 247838 102057185 5386352 99364009 96670833 112582696 108611835 1998683 2994318 30105 486941 91406000 89116359 1502874 5541282 94937662 98138900 X -345650 -1235241 17990684 11708176 17645034 10472935 112582696 108611835 -2928643 -1393456 -2850000 0 X 0 1 X 1 0 X 20069141 1618333 21687474 20069141 1618333 21687474 21687474 86207 102485 188692 21876166 30629660 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 102057185 5386352 96670833 96670833 DUE TO POLK COUNTY 90103 DERIVATIVE INSTRUMENTS - INTEREST RATE SWAPS 2801179 DUE TO MANAGER 2650000 5541282 20403080 0 20403080 0 20403080 23331723 0 23331723 0 23331723 A IEC HOTEL CORPORATION 424344802 000000000 2018-03-21 30000000 HOTEL ACQUISITION 0 1 0 B IEC HOTEL CORPORATION 424344802 000000000 2018-03-21 10000000 HOTEL ACQUISITION 0 1 0 C IEC HOTEL CORPORATION 424344802 000000000 2018-03-21 27750000 HOTEL ACQUISITION 0 1 0 D IEC HOTEL CORPORATION 424344802 000000000 2018-03-21 3040000 HOTEL ACQUISITION 0 1 0 A 333000 30000000 2163450 1208214 26578336 50000 2018 0 0 1 1 B 1892640 10000000 730659 190786 9078555 2018 0 0 1 1 C 27750000 277500 27472500 2018 0 0 1 1 D 34000 3040000 233235 300530 2506235 2018 0 0 1 1 A 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 C 0 0 0 0 0 0 0 D 0 0 0 0 0 0 0 A 0 0 0 0 1 1 PNC NA 0 0 0 0 1 B 0 0 0 0 1 1 PNC NA 0 0 0 0 1 C 0 0 0 0 0 0 0 0 1 D 0 0 0 0 1 1 PNC NA 0 0 0 0 1 A 1 B 1 C 1 D 1 A IEC HOTEL CORPORATION 424344802 000000000 2018-03-21 4311000 HOTEL ACQUISITION 0 1 0 B IEC HOTEL CORPORATION 424344802 000000000 2018-03-21 8500000 HOTEL ACQUISITION 0 1 0 C IEC HOTEL CORPORATION 424344802 000000000 2018-03-21 7805000 HOTEL ACQUISITION 0 1 0 A 30000 4311000 391994 80000 3839006 2018 0 0 1 1 B 8500000 811443 333550 7355007 2018 0 0 1 1 C 7805000 745961 47025 7012014 2018 0 0 1 1 A 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 C 0 0 0 0 0 0 0 A 0 0 0 0 1 1 PNC NA 0 0 0 0 1 B 0 0 0 0 0 0 0 0 1 C 0 0 0 0 0 0 0 0 1 A 1 B 1 C 1 FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION ENTERED INTO A QUALIFIED MANAGEMENT AGREEMENT WITH HILTON MANAGEMENT LLC TO MANAGE THE OPERATIONS OF THE CONVENTION CENTER HOTEL. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD REVIEWS A COMPLETE COPY OF THE RETURN FORM 990, PART VI, SECTION B, LINE 12C CORPORATION FOLLOWS STEPS OUTLINED IN POLICY AND PERFORMS PERIODIC REVIEWS. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION B, LINE 15: DIRECTORS AND OFFICERS SERVE WITHOUT COMPENSATION. THERE ARE CURRENTLY NO OTHER EMPLOYEES. POLK COUNTY IOWA 111 COURT AVENUE DES MOINES IA 50309 426004519 GOVERNMENT IA N/A 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0