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JUNE 29, 2018 The business journal serving Central Iowa’s Cultivation Corridor Price: $1.75 ATTRA C TIONS BEN PAGE park and recreation director, Des Moines PHOTO BY DUANE TINKEY
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businessrecord.com | Twitter: @businessrecord CONTACT US (515) 288-3336 | circulation@bpcdm.com FOLLOW US www.businessrecord.com www.facebook.com/DMBusinessRecord TABLE OF CONTENTS VOLUME 36 | NUMBER 26 | JUNE 29, 2018 @BusinessRecord LEADERSHIP PUBLISHER Chris Conetzkey (515) 661-6081 | chrisconetzkey@bpcdm.com EDITORIAL EDITOR Suzanne Behnke (515) 661-6085 | suzannebehnke@bpcdm.com MANAGING EDITOR Perry Beeman (515) 661-6086 | perrybeeman@bpcdm.com Beats: Economic Development | Transportation | Energy & Environment SENIOR STAFF WRITERS Joe Gardyasz (515) 661-6084 | joegardyasz@bpcdm.com Beats: Insurance & Investments | Health & Wellness | Manufacturing & Logistics | HR & Education Kent Darr (515) 661-6083 | kentdarr@bpcdm.com 4 6 18 Beats: Real Estate & Development | Banking & Finance | Law & Government STAFF WRITER Kate Hayden (515) 288-3478 | katehayden@bpcdm.com Beats: Tech & Innovation NEWSROOM OPERATIONS MANAGER John Retzlaff (515) 661-6082 | johnretzlaff@bpcdm.com Calendar | On the Moves 4 COMPANIES SHARE LESSONS 8 COVER STORY: PARKS AS 22 A NAGGING PROBLEM COPY EDITOR Kurt Helland LEARNED IN MAKING THE WORKFORCE DEVELOPMENT A report affirms Des Moines’ ART & PRODUCTION WORLD A BETTER PLACE Area cities make big plans for outside neighborhoods are suffering CREATIVE DIRECTOR fun to keep, lure workers Joe Crimmings 4 FROM TEEN MAYOR TO 24 CALENDAR PICKS SENIOR GRAPHIC DESIGNER Ariane Criger LEADER OF ABI 18 24/7 FILING Your first look at upcoming events GRAPHIC DESIGNER State upgrades system to make Sami Schrader PHOTOGRAPHER 6 TILEY NUNNINK business filings easier, faster 24 UNDERSTANDING HOOVER Duane Tinkey Take a closer look at the new general The Elbert Files: By Dave Elbert SALES manager of the Des Moines Menace 20 TARIFFS AREN’T SO SIMPLE DIRECTOR OF ADVERTISING Sara Brown Guest Opinion: By Randy Evans 25 FOOL ME ONCE DIRECTOR OF STRATEGIC PARTNERSHIPS Marketing: By Drew McLellan Katherine Harrington SENIOR ACCOUNT EXECUTIVES Lori Bratrud Kristi Edwards ACCOUNT EXECUTIVE Laura Stapes PROJECT COORDINATOR Kolbie Creger ADMINISTRATION BPC VICE PRESIDENT Jason Swanson BUSINESS MANAGER Eileen Jackson ACCOUNTING SPECIALIST WHO’S IN THIS ISSUE? Becky Hotchkiss A list of local people and the page number of the article in which they are mentioned. OFFICE MANAGER Laura Stegemann Matt Anderson, 22 Catherine Nagel, 8 INSIDE SALES REPRESENTATIVE Alison Damon Lauren Burt, 4 Chris Nelson, 4 BPC CHAIRMAN Jay Byers, 8 Tiley Nunnink, 6 Business Record | June 29, 2018 Connie Wimer BPC PRESIDENT Frank Cownie, 8 Ben Page, 8 Janette Larkin Dimy Doresca, 20 Paul Pate, 18 Business Record® (USPS 154-740, ISSN 1068-6681) is Clyde Evans, 8 Kyle Phillips, 18 published by Business Publications Corporation Inc., The Depot at Fourth, 100-4th Street, Des Moines, Iowa Randy Evans, 20 Mike Ralston, 4 50309, (515) 288-3336. Contents © 2018 Business Record. Published weekly. Annual subscriptions $69.95. Dan Houston, 4 Scott Sanders, 22 Single copy price is $1.75. Copies of past issues, as Kyle Krause, 6 Paul Schickler, 4 available, may be purchased for $4.50 each. Periodicals Postage Paid at Des Moines, Iowa. POSTMASTER: Send Amber Lynch, 22 Rick Tollackson, 8 address changes to Business Publications, The Depot at Fourth, 100-4th Street, Des Moines, Iowa 50309. 3
businessrecord.com | Twitter: @businessrecord notebook THE INSIDER CHRIS SUZANNE PERRY KENT JOE KATE HAYDEN Bits and bites of the finer side of Iowa business CONETZKEY BEHNKE BEEMAN DARR GARDYASZ staff writer publisher editor managing editor senior staff writer senior staff writer Companies share lessons learned in making the world a better place BY JOE GARDYASZ In case you Eight Principal Financial Group employees recently returned from Pune, India, where rather than building wells or distributing from across the organization to determine how much and where it would spend on international, sustainable development. missed it... food, they put their respective professional skills to work helping Now the company is providing international service at a much A brief look back at news from the past small and medium-sized businesses to expand their companies. higher level, with alignment with other for-profit corporations as week on BusinessRecord.com Word must have gotten around the water coolers at Principal well as nonprofits on the ground, in coordination with the countries on how rewarding the experience was. More than 140 employees that are being served, Schickler said. have already applied for next year’s international In the Philippines, for instance, Corteva helped develop a program Social action through art Jordan Weber of Des Moines has visit, says Dan Houston, the company’s to reforest mountainsides to eliminate erosion that was fouling water landed a $20,000 international chairman and CEO. Houston recently provided supplies from runoff in the drainage canals. “All the parties were fellowship. some insights on Principal’s approach to benefiting, because we created a clean water supply for the residents, corporate giving on a global scale during an gained the environmental benefits and also got a reliable water supply https://bit.ly/2lsEy87 international summit for businesses hosted by for our seed production business,” he said. the Des Moines Rotary Club. Another bioscience leader, Kemin, is working with the World Food Online sales tax “The idea was to help these businesses Program to provide food at Syrian refugee camps in the Middle East. A Raygun T-shirt empire chief Mike to be more independent,” Houston told about delegation from the company led by CEO Chris Nelson recently toured Draper, supported the decision by the 75 participants during the seminar held at UnityPoint Health’s the kitchens at the camp, which uses an iris scanner system provided justices. https://bit.ly/2lqxuZo Education & Research Center. by the United Nations to keep track of all the refugees’ payments and He recalled that seeing the extreme poverty in India during his records. “It was easy for Kemin to get involved with the World Food first visit years ago profoundly affected him. Having grown up in urban Program because this is an area we’re already knowledgeable in,” said 30 years ago Texas near downtown Houston, “I knew what [being] poor looked like, Lauren Burt, Kemin’s worldwide communications manager. Scientists believe Iowan James and then I went to India. I said, ‘No, I wasn’t even close to understanding That’s a key lesson for companies seeking to launch global Hansen’s observations and climate what ‘poor’ really, really looks like.’ ” partnerships with nonprofits: “Lead from your area of strength, predictions have proved remarkably Principal is keenly aware of the importance of making life and allow others to lead from their areas of strength,” said Laura accurate. better for people in less developed areas of the world, Houston Asiala, a senior fellow with Pyxera Global, an organization that was https://bit.ly/2twGL6F said. Its global footprint now spans more than 80 countries, established in 1990 by President George H.W. Bush as the Citizens including India, where Principal has about 1,400 employees in Pune Democracy Corps to assist residents of the former Soviet Union — a city of 3.4 million residents. following the fall of the Berlin Wall. D.M. loses Sadler Michael Sadler, a Greater Des Moines Although Principal’s foundation provides about $8 million Principal will use one of its strengths, improving financial literacy, community leader, died last week. annually to benefit some 230 communities around the world, to benefit about 50,000 young people in 10 selected locations around providing hands-on assistance in a way that helps people become the world over the next five years, Houston said. And it’s not going to be https://bit.ly/2tuia1x more self-sufficient can provide far greater reach than writing a a “drive-by” approach. check, he said. “This program will be very hands-on, using people who are Developing clear goals and starting small helped DuPont Pioneer, subject matter experts, as well as technology, to see if we can now Corteva Agriscience, to build a successful program, said Paul get truly measurable movement around the world on some Schickler, its former president. really important matters related to saving for long-term needs, When Pioneer was just starting its international giving programs oftentimes retirement,” he said. “This is going to be a major project Read more notebook items anytime at 20 years ago, partnerships between corporations and nonprofits on the on our part, and we’re excited about getting it kicked off.” businessrecord.com/notebook ground were “very uncommon,” he recalled. The company started out small with six to 12 projects a year, after bringing employees together From teen mayor to leader of ABI BY SUZANNE BEHNKE Business Record | June 29, 2018 As a journalist, it’s nice when a surprise arrives, such as Northern Iowa, he sought the mayor’s job in his hometown. He won, learning someone served in public office as a teenager. Several at age 18. He was re-elected several times. Since then, Ralston has months ago, Association of Business and Industry worked for different companies and organizations, including Qwest President Mike Ralston kindly met for coffee and being appointed the director of the state Department of Revenue to give me a crash course in what the by then-Gov. Tom Vilsack. “I was 18 when I was first elected and I organization does and what businesses are am 59 now, so if my math is correct, that is like a hundred years in its membership. We discovered we are ago,” Ralston emailed when I explained I’d like to share his mayoral both from northeast Iowa. Ralston hails from history. Grundy Center now has a population of about 2,700. ABI has Grundy Center. Here’s where the surprise 1,500 member businesses that represent 330,000 Iowans, according came in. While studying at the University of to its website. 4
More Than a Game PRESENTING SPONSOR Sheri Avis Horner 11 Annual th TITLE SPONSORS TENT SPONSOR BIRDIE SPONSORS Ahmed Merchant LUNCH SPONSOR OASIS SPONSOR Thank you to the players, sponsors, supporters CLUBHOUSE SPONSOR REFRESHMENT SPONSORS and volunteers who helped the DMACC Foundation raise more than $407,000 in support of student scholarships. The DMACC CEO Golf GOLF CART SPONSOR ROB’S RIDE SPONSOR BREAKFAST SPONSOR Invitational is about so much more than a day on the course. It’s about seeing the potential in the next generation and generously supporting RECEPTION SPONSOR CAR BARN SPONSOR scholarships for students who will soon be in a position to lead. WHEEL OF EDUCATION SPONSOR ENTRANCE & SEMI SPONSOR Since being established in 2008, the DMACC CEO Golf Invitational has raised more than $2 million for student HOLE SPONSORS scholarships. This has made the dream of a college education a reality for countless students at DMACC locations across the Jim & Patty Cownie state. We are humbled by this level of support and look forward to continuing to work with our generous supporters to meet the needs of our remarkable students. John Lundberg ® KEVIN CROWLEY PUTTING GREEN SPONSORS SPECIAL THANKS ROBERT J. DENSON DENNIS ALBAUGH President/CEO Chairman AMY ABRAM Des Moines Area Albaugh, LLC NOTE: DO NOT USE THIS IF SMALLER THAN 5/16 INCH. Community College DMACC.edu/foundation / 800-362-2127 /
A CLOSER LOOK: A local leader you should know businessrecord.com | Twitter: @businessrecord TILEY NUNNINK Take a closer look at the new general manager of the Des Moines Menace BY PERRY BEEMAN Tiley Nunnink got a taste of Des Moines Menace soccer as an front office piece sings to me because, kind of like the Ma- assistant coach last year, but now he’s back as general manager rines, you are trying to synchronize many different aspects. after a brief stint with a pro team in San Antonio. Nunnink is a retired Marine who was selected as a colonel at What appealed to you about this job? Number one, straight up, the challenge. I come from an the end of his 23-year career but retired before he took the posi- environment where you are constantly challenged at a high tion. Before his military career, he attended college in California on PHOTO BY DUANE TINKEY tempo. For me, that’s what I crave. This is a different fight, a soccer scholarship. “I knew I’d always have one foot in the game,” if you will, but it still provides opportunity to exercise your he quipped about his return to the sport. initiative to compete and be challenged. AGE: 48 (“I was a Marine, so those are dog As a Marine, he was a diplomat in London and also had high- years.”) ranking positions in Japan and in San Antonio. He loved the heat Is it scary to be general manager? HOMETOWN: Kansas City, Mo. and sun in Texas — and found the outdoor running a bit chilly No. I’ve been in charge of all kinds of organizations in when he returned to Des Moines in January. His time in London the past. We have a staff here that is so dedicated. There LIVES IN: West Des Moines most likely started his habit of calling a soccer field the “pitch.” was a challenge here, and I knew I was coming in to some- thing that is very strong with an owner [Kyle Krause] who FAMILY: Wife, Kristi; two children Now he’s in charge of the Des Moines Menace, a widely re- garded amateur machine that cranks out professional soccer is passionate. EDUCATION: Bachelor’s degree, criminology players with regularity. There are men’s and women’s teams and a and geology, California State-Bakersfield; What are your goals for this position? Master’s degree, military studies and strategic youth soccer league, along with camps and clinics. I want to try to grow our attendance and the busi- planning, United States Marine Corps Command Nunnink succeeds Matt Homonoff, who was the Menace’s ness end of it. We want to do bigger and better things. We & Staff College. general manager from November 2012 until last October. want a good environment at [Valley Stadium in West Des Moines]. We want teams that win and serve the players CONTACT: How did you land in Des Moines coaching the Menace? well in their development toward the pros. This is our Email: Tiley.Nunnink@MenaceSoccer.com I was here last year as an assistant coach working with 25th year. We are one of the dominant teams in the [Pre- Phone: 515-457-6366 my good friend John Pascarella, who is back in [Major mier Development League]. It’s fun to build a team. We are Website: MenaceSoccer.com League Soccer] the pros. I had scouted for John back in the the highest level of amateur. LinkedIn: https://bit.ly/2Lqvnjm day, when he was with Kansas City. I told him I would come Facebook: facebook.com/DMmenace/ up and help build a team, cohesion and that sort of thing. What is the attendance? Twitter: @MenaceSoccer It was a great team, great people. I ended up going to San Our attendance for the first game was 1,988. In May, in Antonio at the end of the season to work for the San Antonio that league, that’s good. FC [professional] soccer team [as an assistant general man- ager, basically]. It was great. Do people understand the scope of your operation? Then the Menace called and asked if I was interested in A lot of people don’t know we have a women’s team. the [general manager] job. There are a lot of good things hap- We’ve had a men’s team for 25 years, but the women’s team is pening here. I thought it could be an interesting challenge. newer. They don’t have as many home games, so they don’t We talked, and here I sit. surface as much. They play at Valley Stadium and Grimes It’s an interesting challenge. The weather wasn’t great in and Ankeny to help the brand. Most of our games are at Val- the winter [he came in January], but I’m doing OK now. ley on a Friday or Saturday. We also have the youth teams. What did you do in San Antonio? I was in charge of operations, basically. Business Record | June 29, 2018 Soccer has been very, very good to you. I went to college playing soccer. When I finished, there wasn’t much going on in professional soccer. I wasn’t proba- bly good enough or handsome enough anyway. I had always had passion for my country so I joined the Marine officer ranks and had a career in the Marine Corps. I was coaching COACHING MARINES IS A LITTLE CONSUMING. my home team, the Marines. It was a little consuming, if you will. I could scout talent. As I retired from the Marine Corps, I always knew that I would be back in the game. I always had one foot in soccer — I always joke around with that pun. I’m back and I looked at coaching and the front office piece. The 6
businessrecord.com | Twitter: @businessrecord I’VE ALWAYS HAD ONE FOOT IN SOCCER. Have the Menace players routinely turned pro? We have tons of former players in the pros. From last year’s team Closer Look suggestion? alone, we have six players in the pros right now. We have players who won Do you know a leader who’s new or of growing interest in Des Moines’ business community? Send an email to the editor with the name, position and what is essentially the Super Bowl of soccer. The Des Moines Menace is reason you think your nominee should be interviewed by our reporters. Send probably better known outside Des Moines in the soccer communities suggestions to suzannebehnke@bpcdm.com and in the pro ranks than we are here. There isn’t a [Major League Soccer] team that wouldn’t know the Menace. We hire pro coaches. We produce players that augment their training and they bolt into the pros. When col- lege players come here for the summer, they are basically borrowed tal- ent. Their coaches are relying on them coming back a better player. [Play- ers are unpaid but get some living expenses.] We are the highest level of amateur but we run like a professional program. How do you sell the program? We dress up Valley Stadium with our sponsorships. We are in the en- tertainment business. We have to have an exciting team. You have to have other activities. You have to make it entertaining, create entertainment at halftime. No holds barred at this point; you have a crazy Marine at the helm. I’m going to wrestle a bear if we have to. We had some robotics on opening night. We’ve had a streaker. You dress up like a streaker with a BUSINESS OPPORTUNITY towel. Because we are on a 25-year streak. What is your philosophy on this job? CONSTRUCTION SUPPLY A lot of it is just intuitive. You’re just balancing a lot. Everything from Manufacture Pavement Sealer & dealing with players to dealing with sponsors to trying to be creative and Distribute a Full Line of Pavement find ways to market your game to who’s going to be the streaker. It’s fun. Maintenance Products and Equipment It’s a balance. What do you do in your free time? PROTECTED TERRITORY WILL SERVE I run. If I don’t run, I hurt. If I do run, I hurt. n ENTIRE STATE OF IOWA “The SealMaster franchise is not only a nice income generator, it’s a great capital asset and wealth builder. It has allowed me a lifestyle beyond my hopes and dreams.” Bob Krebs SealMaster Franchise Owner Business Record | June 29, 2018 AVERAGE GROSS SALES $6.5 MILLION *More detail is provided in the Franchise Disclosure Document. SealMaster manufacturing territories in Fiscal Year 2017* Offer made by prospectus only. Learn more at sealmaster.net/franchise-opportunities or call (800) 341-7325 7
businessrecord.com | Twitter: @businessrecord ATTRA C Greater Des Moines’ PHOTO BY JOHN RETZLAFF big parks plans seen as a draw for new development, workers BY PERRY BEEMAN Greater Des Moines leaders plan hundreds of mil- lions of dollars’ worth of parks improvements that aren’t just about zip lining, kayaking, swimming, fishing or hearing an outdoor concert. The improvements are about attracting and keeping residents in a market with an exceptionally low unem- ployment rate of 2.3 percent — which means a shortage of skilled workers. “What we are seeing is that cities around the coun- try are using parks and open space as a way to increase the quality of life to attract new businesses and resi- dents as well as to retain the people who already are liv- ing in the city,” said Catherine Nagel, executive director Business Record | June 29, 2018 of the City Parks Alliance in Washington, D.C. Millennials, and perhaps others, now are looking at destinations rather than jobs, Nagel said. And places like Des Moines and its suburbs, which offer more af- fordable housing and easy commutes, can also sell themselves based on strong parks, trails, and river and lake recreation. In other words, the outdoor amenities are tools for economic development. GREENWOOD PARK 8
businessrecord.com | Twitter: @businessrecord THE “Cities compete with each other for knowledge work- NATIONAL SCENE ers,” Nagel said. “People are moving to cities for quality of life even before they have a job. They are looking for recreation and exercise and ways to be social. “It’s not just the large cities. It’s the small and mid- sized cities like Des Moines, because they find out they can be competitive because housing is more affordable than what they are seeing in larger cities,” Nagel said. “Younger people are moving to cities that aren’t as well- known that have really strong local character. It’s really a choice. Younger people are giving up their cars. They can rely on Uber and their bikes.” In Nashville, Tenn. — a city the Greater Des Moines Partnership often compares with Greater Des Moines According to City Parks Alliance, — city leaders invested in downtown improvements, parks have these effects: including a riverfront park. The result: a 50 percent in- crease over a decade in the number of residents ages 25 to 34 who have college degrees. Nationally, Nagel said, there has been a 37 percent Add private investment and jobs. Den- ver turned $1.2 million in federal grants into increase in the number of young, educated adults mov- $2.5 billion in public and private investments. ing to “livable, walkable urban neighborhoods.” “It’s becoming something that people are expecting, and it’s helping to ensure the success of developments,” Nagel said. Increase property values. Houses near parks or trails are worth 5 percent In Greenville, S.C., for example, leaders arranged for to 20 percent more than others in the community. $13 million in spending on Falls Park on the Reedy, which within two years drew $150 million in investment. Over the years, a highway bridge had been built over the falls, where the city had been born. Attract residents and boost property tax revenue. Since 2000, the number “It was a very tough sell because we basically told of young, educated adults moving to livable, people, ‘We are going to spend about $13 million to cre- walkable urban neighborhoods has increased ate a park around a waterfall you’ve never seen. Trust 37 percent nationally. us,” Mayor Knox White said in a video produced by Na- Lower gel’s group. “Most people didn’t. What we’ve created is an incredibly successful economic development story.” costs. Philadelphia saved $14 billion by using parks and other “green infrastructure” to manage stormwater, instead of building pipes and tunnels. IF WE ARE GOING Save residents money. Parks help people keep the weight off, which can save TO REMAIN them $1,500 a year per person on health care. More case studies: https://bit.ly/2li62wS A VIBRANT CITY, WE NEED TO REMAIN Business Record | June 29, 2018 NIMBLE. . Ben Page, park and recreation director, Des Moines 9
businessrecord.com | Twitter: @businessrecord JOHN AND MARY PAPPAJOHN SCULPTURE PARK PHOTO BY JOHN RETZLAFF IN THE Condominiums, shops, hotels and restaurants popped WORKS up around the park. That message isn’t lost here. The development around the 4.4-acre John and Mary Pappajohn Sculpture Park, opened in 2009 in downtown Des Moines, has been quick and includes the new headquarters for Kum & Go, still Projects planned or under under construction, and a Wellmark Blue Cross and Blue Shield complex. Coffee shops and restaurants encircle the development in Greater popular green space. Des Moines: Hubbell Realty Co. has housing developments in the works near the planned whitewater courses in downtown Whitewater courses, zip lines and a Des Moines along both rivers. President and CEO Rick skate park in downtown Des Moines. Tollakson has said he sees the $100 million-plus water trails plan as crucial to luring workers. A two-sided concert stage at Des Moines Creating these attractions can take years of planning, Water Works Park. and all local governments do to some extent. Des Moines is completing its 191-page update to the A “five lakes” development in West Des Business Record | June 29, 2018 city’s last major parks plan, completed in 1995. Polk Coun- ty is working through $50 million worth of recreation and Moines, building on Raccoon River Park. water quality projects after residents voted to tax them- selves to pay for the work, and other fundraising ensued. A nearly finished lodge at Jester Park. West Des Moines has a $32 million plan for a recreation area built around waterways in the suburb, and has eyed New facilities and water quality im- construction of an amphitheater near City Hall. provements at Easter Lake. Jay Byers, CEO of the Greater Des Moines Partnership, said: “A thriving and extensive parks and trails system See our panel discussion about outdoor helps attract and retain top talent. We have to compete recreation on video: https://bit.ly/2t9fVS4 with other cities around the country and the globe. Some 10
businessrecord.com | Twitter: @businessrecord The percentage of residents who live within a 10-minute walk of a park: CONVENIENCE COLORADO MIGHT Grinnell, 91 HAVE RED ROCKS, Pella, 80 BUT DSM HAS Altoona, 78 ‘GREEN GRASS.’ . Urbandale, 78 Jay Byers, Marshalltown, 77 Ankeny, 74 CEO, Greater Des Moines Partnership have oceans and mountains. We have an outdoor parks Ames, 73 Clive, 73 and recreation system that can compete with anywhere in the world.” Take the plans for the concert venue at Water Works Carlisle, 65 Park, intended for medium-sized to small gatherings on a large lawn surrounding a new stage. “Colorado might have Red Rocks, but DSM has ‘green grass,’ ” Byers said. Winterset, 60 Clyde Evans, West Des Moines’ community and eco- nomic development director, said parks and trails always are ranked high on citizens’ lists of things they want. It Indianola, 59 may be just one of the factors in a move — but it’s an im- portant one, Evans said. “A lot of people are moving here because of schools Des Moines, 58 and things like that,” he said. “They say, ‘Oh, there is a neighborhood park.’ Those are all things that are going to West Des Moines, 55 be considered.” Evans talked to a friend who decided to move to Port- land, Ore., without a job, because of the quality of life there. Adel, 54 He also recalls a small community in Illinois that lost a cookie manufacturer to Terre Haute, Ind., because the company owner had a boat too big to float on anything the Bondurant, 48 Illinois location had to offer. Recreation proved important. Youth sports tournaments also are a huge perk for this market. Evans recalled courting a restaurant opera- Windsor Heights, 43 tion — unsuccessfully — that showed the power of ama- teur sports. When Evans went to describe Jordan Creek Town Center, the man cut him off. “He knew all about Jor- Pleasant Hill, 41 dan Creek because he had been coming to soccer tourna- Business Record | June 29, 2018 ments and they had eaten at Fleming’s,” Evans said. Now, Evans said, West Des Moines is building cricket Waukee, 40 facilities and planning more water recreation because people want more. Ben Page, Des Moines park and recreation director, said his city’s parks plan will call for a renewed connec- tion with nature and also call for innovation and for eq- National average, 54 uity in offerings across neighborhoods. *City Parks Alliance CONTINUED ON PAGE 17 >> 11
A meeting venue with ROOM to THINK AN UNCOMMON VENUE FOR EXTRAORDINARY EVENTS Built in 1921, the building served as the city’s junior high school until the late Do something different. Our one-of-a-kind ballroom, spectacular but intimate auditorium, The ’70s and now, nearly 40 years Periodic Table eatery/bar and patio make Hotel Grinnell the perfect place for your next event. Just an later, it has been innovatively hour from Iowa’s three major metro areas, Grinnell is an ideal location to meet in the middle! repurposed into a remarkable Have your keynote speaker in the auditorium, walk downstairs to the ballroom for lunch, enjoy hotel and event center. The breakout spaces across the street at Drake Library and the Art Center, and then reconvene for social hotel is upscale in style but laid hour on our outdoor patio, complete with gas fire pits and craft cocktails. Numerous wonderful back in spirit while the meeting restaurants and pubs are within a block or two, making it easy to do a fun dine-around experience for spaces celebrate the building’s dinner. Hotel Grinnell’s rooms number just 45 but the city’s rooms total 350, so even large two- or history and scholastic three-day conferences can be accommodated. beginnings. Get your group out of the ordinary meeting/ Conferences, corporate events, trade shows, fundraisers, holiday parties and other groups as large as conference box and give them 350 or as small as 10 find Hotel Grinnell makes for an extraordinary meeting place or retreat venue. room to think in Grinnell. BOOK YOUR NEXT MEETING OR CONFERENCE by calling P641-236-9250 or email HELLO@HOTELGRINNELL.COM hotelgrinnell.com
ONEVOICE MONTHLY INVESTOR AND REGIONAL MEMBER NEWSLETTER D E S M O I N E S , I O WA Sponsored by JULY 2018 | VOLUME XII | ISSUE VlI INTERNATIONAL CHAMBER ECONOMIC DEVELOPMENT DSM USA #ACCE18 ANNUAL CONVENTION IS HERE MOMENTUM The Association of Chamber of Commerce Executives (ACCE) EVENTS Annual Convention comes to Greater Des Moines (DSM) from July 17 – 20. The event will convene more than 1,000 Chamber of Commerce professionals and other influencers from across the world to experience the region’s momentum. Learn more at acceconvention.com. To view a complete list of upcoming events, visit MidAmerican Energy Company to Hit 100 Percent DSMpartnership.com/ Renewable Energy events. See more small MidAmerican Energy Company will be the first investor- business events on page 3. owned electric utility in the country to generate renewable WEDNESDAY, JULY 11 energy equal to 100 percent of its customers’ usage on an Seize the City Intern Series: annual basis, upon completing its proposed Wind XII project. Personal Brand (See full series schedule online at DSMpartnership.com/ seizethecity) TUESDAY, JULY 17 – GAME-CHANGING WATER TRAILS FRIDAY, JULY 20 PLAN IS FEASIBLE, ENGINEERING ACCE Annual Convention STUDY SHOWS WEDNESDAY, JULY 18 An engineering study detailing the transformational long-term water Best of China Trip trails plan has been released showing that the plan is feasible. The Registration Deadline plan would create a network of more than 80 water trails projects Source Allies Inc. Plans Expansion and includes bringing to life the Downtown riverfront. Continuing Source Allies, Inc., an information technology consultancy, is steps to activate the Downtown riverfront and river is a Partnership planning a $3.8 million expansion of its current workspace 2018 Strategic Priority. A funding feasibility study is taking place this in Urbandale to allow for additional growth. summer with results set to be released in the fall. Read more economic development news at Learn more at dmampo.org/water-trails-engineering-study. DSMpartnership.com/news. SIGN UP FOR NEWSLETTERS, SHARE REGIONAL MESSAGES Learn about the latest news from The Partnership. Sign up for OneVoice Weekly and other Partnership e-newsletters at DSMpartnership.com/newsletters. Sign up to share the latest regional news with the world by becoming a DSM USA Ambassador at DSMpartnership.com/DSMUSAambassadors. Learn how to help share the DSM USA message at DSMpartnership.com/about. Read The Partnership’s blog at DSMpartnership.com/blog. Want to contribute a guest-written blog? Email ambassadors@DSMpartnership.com to learn more. DSMpartnership.com
JULY 2018 ONEVOICE PAGE 2 CHAIR’S COLUMN DSM BUZZ DAN HOUSTON, 2018 CHAIR • DSM was named the #8 Top Place for Creatives in 2018 by SmartAsset. Another Sign of Our Momentum on the World Stage • Food & Wine magazine published an article titled “We Can’t There’s something special happening here in Greater Des Moines Believe How Cool Des Moines is Being Right Now” detailing (DSM). We’re growing. We’re global. We’re different. That’s why the the region’s restaurant, bar and coffee shop scene. Association of Chamber of Commerce Executives (ACCE) decided • The Seize the City summer intern series continues with two to bring its Annual Convention here on July 17 – 20. More than events in July and one in August. Seize the City is open to 1,000 Chamber of Commerce, economic development and business all interns and college students working in DSM to connect leaders from around the world will gather here in DSM. They’ll see to community engagement and professional development the momentum and learn about our plans for future game-changing opportunities. Learn more at DSMpartnership.com/ projects such as Lauridsen Skatepark and further riverfront activation seizethecity. on the Des Moines and Raccoon Rivers. The last time the Annual • The Partnership won two Awards of Excellence through the Convention came to DSM was 1964, so this is potentially a once-in- ACCE’s Awards for Communications Excellence program for a-generation opportunity to host this group of influencers. Landing this major event is a testament to its national digital marketing campaign and its Maximizing our region and our ability to work together. The Partnership worked closely with Catch Des Moines for the Momentum 2022 Investor Campaign. winning bid, which would not have been possible without the Hilton Des Moines Downtown Convention Hotel. ACCE could have gone anywhere. They chose DSM. We will make this count. Register to attend at acceconvention.com. Please help welcome our guests to DSM. DSM USA CHAMBER SPOTLIGHTS: POLK CITY CHAMBER OF COMMERCE ADEL PARTNERS AND ECONOMIC DEVELOPMENT CHAMBER OF COMMERCE CORPORATION Board President: Joshua MacLean, Structure Financial Board Chair: Marc Riley, Peoples Bank Executive Director: Sheila Mahan President: Deb Bengston Members: 70 Members: 174 What is one initiative or project that you are looking forward What is your Chamber’s biggest accomplishment in the past to in 2018? 12 months? The Raccoon River Valley Trail (RRVT) Improvement project. The Chamber Our biggest accomplishment is the merger of the Economic Development is just starting to pull this project together to enhance the RRVT from Corporation and the Chamber of Commerce under one executive board. the bridge over the Raccoon River to Nile Kinnick Drive. This will be a $100,000 project to improve landscaping, art presentation and bridge What is one initiative or project that you are looking forward enhancements. to in 2018? Getting more visitors from Saylorville and Big Creek to stop in Polk City and utilize the local businesses.
JULY 2018 ONEVOICE PAGE 3 SMALL BUSINESS EVENTS FIRST FRIDAY SERIES Friday, July 13 | 11:30 a.m. The Iowa Center 8345 University Blvd., Ste. 1F, Clive NEW VIDEOS SHOWCASE DSM Susan Watts, Owner of Olson- USA TO ECONOMIC Larsen Galleries, will be the presenter. DEVELOPMENT, TALENT AUDIENCES TOP FIVE FOR SMALL BUSINESS SERIES In conjunction with the Principal Charity Wednesday, July 25 | 11:30 a.m. Classic, The Partnership sponsored Greater Des Moines Partnership two 30-second commercials that aired 700 Locust St., Ste. 100, during the live international television Des Moines NEW AD CAMPAIGN ENCOURAGES segment on the Golf Channel during the event. One commercial was aimed Matthew Warner-Blankenship, RESIDENTS TO VISIT DOWNTOWN DSM USA at talent attraction and one included Shareholder at Davis Brown Law The Partnership has worked closely with the City of Des Moines to launch an economic development messaging. Firm, will speak on the Top Five advertising campaign encouraging residents from throughout the region to visit To view the talent-focused commercial, Things to Know About Protecting Downtown DSM. The campaign will promote the vibrancy of Downtown as well as the go to DSMpartnership.com/living-here/ Intellectual Property from ease of access of getting to and traveling within Downtown. The campaign will run communities. Employees When They Leave Your throughout the summer and include digital billboards, online and radio advertising, Company. skywalk advertising, advertising on DART buses and much more. This is the first To view the economic development- campaign to incorporate messaging identified through a quantitative and qualitive focused commercial, go CAPITAL FOR YOUR BUSINESS research project which was used to launch the Downtown DSM USA identifier in late to DSMpartnership.com/ SEMINAR 2017. A strong Downtown core is important to workforce attraction and continued growingbusinesshere. Thursday, Aug. 2 | 8 a.m. economic development growth throughout the entire region. Greater Des Moines Partnership BEST OF CHINA 700 Locust St., Ste. 100, Learn more about visiting Downtown at downtownDSMUSA.com. Des Moines TRIP REGISTRATION KEY STAT DEADLINE This seminar will inform and APPROACHING educate potential and current business owners on capital options The Partnership will lead a cultural for their businesses, walking exploration trip to China with visits to attendees through the spectrum Beijing, Xian and Shanghai from Wednesday, of capital options, bank financing Oct. 10 – Saturday, Oct. 20. Registration for types and expectations, alternate this trip is open until Wednesday, July 18. loans and grants and buying on Learn more at DSMpartnership.com/events. contract. BRAGGING RIGHTS • The City of Ankeny is the fourth-fastest-growing city in the country with a population • Hubbell Realty Co. held a ribbon cutting for its Bridge District in the Historic of 50,000 or more, according to the latest U.S. Census Bureau report. Ankeny grew by East Village. The 16-acre development will hold more than 700 housing units 6.4 percent from July 1, 2016 – July 1, 2017, adding an average of more than 10 in the next five years. people per day. • Blackbird Investments and EMC Insurance Companies closed on a deal for • The Weitz Co. jumped up 23 spots on Engineering News-Record’s list of top contractors. Blackbird to purchase 555 Walnut St. and EMC to purchase 701 Walnut St., The company is up to 47th from 70th. helping both companies move forward on development plans. • Facebook and Des Moines Area Community College (DMACC) announced a partnership • Drake University and Catch Des Moines hosted the USA Track & Field Outdoor for DMACC to offer the Facebook Digital Marketing Certificate to its students. DMACC is Championships from June 21 – 24, bringing in 1,000 of the best track and the second community college nationwide to partner on this certificate. field athletes, including former and future Olympians, as well as spectators from across the country to DSM. DSMpartnership.com
ONEVOICE JULY 2018 | PAGE 4 SBA SMALL BUSINESS SUCCESSES THE BENEFITS OF MENTORING Earlier this spring, SCORE — a resource partner of the U.S. Small Business Administration (SBA) that provides free one-on-one May all your business challenges business counseling and advice to small businesses — conducted a survey of more than 20,000 business owners. The survey, be more business than challenge. for a report titled “The Megaphone of Main Street: Women’s Entrepreneurship,” reached out to business owners (male and female) at all points of the business lifecycle: Pre-startup, startup, in business and transitioning out of the business. Among the findings of the survey was the impact that mentoring has on small business success. There was no statistically significant difference in responses between male and female entrepreneurs regarding mentoring, but mentoring’s impact is significant. Entrepreneurs with a mentor are five times more likely to start a business than those without one. And mentoring leads to a greater chance of weathering the challenges that come with that first year in business. Of the small businesses started by SCORE clients within the last year, 87 percent are still in operation. This compares to 75 percent who are still in operation who didn’t have a mentor. In the survey, businesses in the pre-startup phase, the startup phase and those in operation for more than a year had similar concerns. Top concerns included human resource issues, business growth and expansion, obtaining startup assistance and marketing strategies. These concerns are all areas that SBA resource partners such as SPONSORSHIP AD SCORE, America’s Small Business Development Centers (SBDCs), the Women’s Business Centers and the Veterans Business Outreach Centers can provide free, one-on-one mentoring in. Take advantage of mentoring and give your small business a better chance for success. Looking for more? Read more SBA blog posts at DSMpartnership. com/blog and learn more about SBA resources at sba.gov. At U.S. Bank, we know not everything comes easy. But we have the unique products and services that may take your business ABOUT THE PARTNERSHIP in the direction you want it to go. Get started on making your The Greater Des Moines Partnership is the economic and community possible happen today. development organization that serves Greater Des Moines (DSM), Iowa. Together with 23 Affiliate Chambers of Commerce, more than 6,100 Regional Business Members and more than 330 Investors, The Partnership drives economic growth with one voice, one mission and as one region. Through innovation, strategic planning and global collaboration, The Partnership grows opportunity, To learn more, please contact: helps create jobs and promotes DSM as the best place to build a business, a career and a future. Rob Bakker, Vice President Send us your news! To be featured in “Bragging Rights,” send us news items such as business expansions, awards, industry 515.245.6252 | robert.bakker@usbank.com recognition, etc. You must be a Greater Des Moines Partnership Investor or an Affiliate Member to be featured. Contact Kyle Oppenhuizen at (515) 286-4972 or at koppenhuizen@DSMpartnership.com. PUBLICATION INFORMATION One Voice is the monthly Affiliate Member and Investor newsletter usbank.com of the Greater Des Moines Partnership. For editorial comments or questions,contact Tiffany Tauscheck, Chief Strategy Officer, at (515) 286-4954. For circulation changes, contact (515) 286-4950 or email info@DSMpartnership.com. Member FDIC ©2018 U.S. Bank. 18-0280-B CR-13447092 (4/18) DSMpartnership.com
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GOVERNMENT businessrecord.com | Twitter: @businessrecord State launches Fast Track Filing, accepting business filings 24/7 BY KATE HAYDEN Businesses can now file 24/7 in an online database. the 7 million electronic documents with a new system in place with the “We’ve not set a timetable on already stored by the secretary of Iowa secretary of state’s office. how fast all of those will be in, but state’s office. At the end of the proj- New software launched June 18 I’m pretty optimistic we can do ect, Pate said businesses in and out aims to reduce the new business fil- something at a pretty reasonable of state should be able to pull up fil- ings wait significantly — from two rate once we start getting past the ing documents on the secretary of weeks to less than a day. first couple,” Pate said. “Every one state’s website without paying for a Fast Track Filing has started to of these has its own processes — subscription service. accept many of the 20,000 new busi- uniform commercial filings is its “The biggest challenge ... is we ness filings submitted each year to own beast, and we’re updating want to get it cataloged in a format the office. The system will eventu- that already.” that users can access it and pull ally expand to accept other filings, Fast Track Filing has been in up what they need,” Pate said. “If including business renewals, after a development since October, led by you need to access something, you few months of use. The new system information technology special- should be able to use our library.” is available 24 hours a day at filings. ist Kyle Phillips and using funds With a limited amount of time sos.iowa.gov. raised by the Technology Modern- on the Technology Modernization New businesses in Iowa are re- ization Fund. Fund, the priority in the office is quired to file a certificate of orga- “The idea for this has been getting as much of the documents SUBMITTED PHOTO nization, articles of incorporation around for a while. We just didn’t digitized as possible, Pate said. and a certificate of authority, which have the resources to do it,” Phil- “We’re trying to compile what all will all be available to submit in lips said. “I think the thing that we need to do. That sounds kind of Fast Track Filing. did surprise us is just the sheer basic, but when we were in a mode An estimated 30 percent of the volume and numbers, because before this that I’d call ‘get through 20,000 new filings are rejected each nobody ever looked at how much the day’ mode — make sure the year because of errors in applica- tion, Secretary of State Paul Pate time this is going to save us. ... We didn’t look at that in great detail equipment operates, make sure we’re able to give the basic services THE SECRETARY said, errors that the online applica- until more recently.” — the amazing thing is the public OF STATE’S OFFICE tion is programmed to catch imme- The Technology Modernization was pretty satisfied with what we PROCESSES diately. Correcting errors in paper- Fund, approved by the Iowa Legis- were doing,” he said. 20,000 filed applications can take four to lature in 2017, is provided through “We had a lot of dedicated staff six weeks to remedy and send back an increase in filing rates for the who just held it together, but the through the mail. secretary of state’s office from $30 staff was getting a little frayed and “The volume that we see here to $45. That fund is temporarily au- a little worn out, and we couldn’t new business entity is overwhelming,” Pate said. “We’re thorized to raise up to $2 million a keep the pace,” he added. “These new filings per year looking at about 60,000 phone calls year through July 2022. technology upgrades are significant, 101 a year from small businesses call- Until that fund was autho- and allow us to not have to count on ing in, asking questions or wanting rized, the office had been work- staff working 60-hour weeks.” help. ... And we have about 12,000 ing on a “duct tape and baling Once all filings are open on walk-ins who come in to get the wire budget,” Pate said. Most of Fast Track Filing and the majority different types of paperwork processed or get assis- the existing machinery, including of machine processes are updated business filings tance in some fashion. microfiche scanning, has been at in the secretary’s office, Pate said “We figured this was going to the end of its usable life, and staff the staff will have more time and save us about 70 hours” of staff la- members were struggling to find training to focus on customer ser- bor each week, he said. “That’s the staff time we hope to redirect to replacement parts. “In all fairness, our technology vice experience. “It will allow them to be able 60,000 customer service.” was a little embarrassing, looking to focus on something that’s prob- phone calls per year New business filings account more like something before Bill ably a higher priority for our staff Business Record | June 29, 2018 for most of the documents submit- Gates even came on the scene, so and for the customer,” he said. “We ted to Pate’s staff every year, out of that dates it a little bit,” Pate said. are encouraging people to use on- 12,500 101 filing categories. Next Pate’s of- “Now the staff has some tools, now line systems and to pay online just fice will prioritize introducing the we just need to give the staff some as banks do, because the time our next 100 categories to Fast Track time to build the things that cus- staff spends on this isn’t a good use Filing based on the volume the of- tomers here deserve.” of resources.” n walk-in customers fice receives from each category. Staff members are continuing per year Eventually, Pate said, all those fil- to digitize 3 million to 5 million ings will be accessible to the public business documents, in addition to 18
REGISTER NOW businessrecord.com/events Thursday, August 9, 4-7 pm Downtown Marriott Hotel, 7th and Grand 4 pm Complimentary hors d’oeuvres and cash bar reception 5:15 pm Presentation of honors Individual tickets $45; Table of 10 $500 2018 WOMEN OF INFLUENCE Mary Coffin UNI BUSINESS Kim Bakey Wells Fargo WOMAN BUSINESS OWNER OF THE YEAR HomeServices of Iowa Lana Jones Gould Deniz Franke Community Volunteer Franke Miller Group Linda Carter-Lewis Civil Rights Activist/Community Volunteer Teri Wahlig MEREDITH ChildServe Carole Chambers EMERGING WOMAN OF INFLUENCE West Des Moines Chamber Wendy Wintersteen Mandi McReynolds Iowa State University Principal Financial Group PRESENTING SPONSOR SUPPORTING SPONSORS SPONSOR SPONSOR Woman Business Owner Emerging Woman of of the Year Influence SPONSOR
GUEST OPINION businessrecord.com | Twitter: @businessrecord RANDY EVANS Tariffs aren’t so simple Randy Evans is the executive director of the Iowa Freedom of Information Council. The school year is finished, but whether to the president’s tariffs. But the tit-for-tat That means the biggest consequence of we like it or not, Iowans have been sent to dispute over international commerce could the widget tariff would fall directly on U.S. summer school this year. cause huge headaches for Iowa farmers and consumers who would pay more. The subject for our summer education: businesses that rely on them. There are a couple of fundamental eco- the economics of foreign trade and tariffs. Pork producers in Iowa are worried about nomic lessons involved here that often get Professor Donald Trump assured us losing up to $560 million in sales to Mexico. overlooked: Companies have moved their this would be really simple to master and Last week, China responded to U.S. tariffs by factories out of the U.S. primarily because wouldn’t take very long. But Iowa farmers slapping a 25 percent duty on U.S. goods — a they can pay workers in Mexico or China sig- and the owners and managers of many busi- move experts believe will cost Iowa soybean nificantly less than they would pay workers nesses are now realizing the professor might farmers up to $620 million. in the U.S. And whether the factory is in the need to brush up on the subject material be- The effects of this potential $1 billion U.S. or elsewhere, automation is reducing the fore he teaches more lessons. blow to Iowa farmers would go much farther. need for factory workers. The president’s tariffs have been imposed Farmers are less likely to buy John Deere Dimy Doresca, director of the University on goods produced by many of our overseas tractors and combines or Kinze planters and of Iowa Institute for International Business, trading partners for sale to customers in the grain carts, and a protracted trade fight and said Iowa is going to suffer as this trade dis- United States. Those nations have responded downturn in sales could lead to layoffs at pute drags on. “I don’t see any way to look at by imposing tariffs on many products their those factories. this where Iowa will come out as a winner,” residents want to buy from the United States. Iowa consumers who don’t owe their live- he told The Des Moines Register. Suddenly this easy-peasy course in econom- lihood to agriculture may face other effects Tim Bardole, a farmer from Rippey and ics has turned into a complex exercise that is from the tariff dispute. Foreign goods that a director of the Iowa Soybean Association, creating ulcers from border to border in Iowa are subject to U.S. tariffs will be more ex- said, “There’s no shortage of things to think and across the globe, too. pensive. Competing products that are made about when you lay awake at night.” Even if you are not a farmer or don’t own in the U.S. may rise in price, too, as collateral Professor Trump, your students have a manufacturing company, you are feeling damage from the tariffs. learned enough already to know they wish the effects of the tariffs — or soon will be. Here’s a simplified example to help you you had not signed them up for this expen- If you are a consumer, those foreign goods understand why: sive set of lessons. n on which the U.S. has imposed tariffs will cost Consider a widget made in Mexico or Chi- you more, or U.S. goods made with certain for- na that had been selling in the U.S. for $100 eign raw materials will cost more. And if you before the tariff dispute. A 20 percent Trump are a farmer or a manufacturer, your products tariff means the widget now will cost you $120. will cost your foreign customers more. Similar widgets made in the United States A tariff is just a fancy word for a tax the may have been selling for $110. The Trump United States government collects — and tariff means those U.S. widgets are now less Have an opinion? We’re always on the lookout for community leaders who pockets — from U.S. buyers of certain goods expensive than the $120 foreign widgets. want to voice their opinion on the issues affecting Central brought into our country. Tariffs that other U.S. widget companies could increase Iowa business. If there’s an issue or challenge in your countries impose on U.S. goods mean those their sales by taking advantage of the price industry that you think our readers should hear about, products cost overseas customers more. difference. But they might decide, instead, to consider submitting a column for publication. For more Republicans in Congress who typically capitalize on the tariffs and raise the price of information, contact the editor at suzannebehnke@ would be apoplectic over any tax increase their U.S. widgets to $120. bpcdm.com. have been pretty restrained in their reaction REGISTER NOW Business Record | June 29, 2018 THANK YOU TO OUR PRESENTING SPONSOR 2018 Women of Influence Thursday, August 9th Downtown Marriott businessrecord.com/events 20
A stronger economy begins at RECEN T TO H O G R A D UAT E Thanks to the organizations MEOW S NERSH OF THE BLU IP P RO EP G R A M R IN T . and individuals who supported our STABLE STEADY STRONG 2018 campaign, area residents are benefitting from a variety of supportive services. These services help them achieve a sense of independence and self-pride by securing and maintaining safe, stable and affordable living situations. On behalf of the Polk County Housing Trust Fund, thanks for making a difference — in the lives of area residents, in the growth of neighborhoods, in the productivity of employees and in the continued strength of our local economy. FUNDERS American Enterprise Group Fidelity & Guaranty Life PCHTF Board & Staff Charitable Fund First National Bank Principal Foundation American Equity Investment Fleet Feet Des Moines Professional Property Life Insurance Co. Management The Graham Group, Inc. American Trust & Savings Bank Rafferty Group Great Southern Bank Baker Electric Ryan Companies US Ralph & Sylvia G. Green Baker Group Charitable Foundation Ernest & Florence Sargent Bank Iowa Family Foundation HPM Investments Inc. F Bank of America Charitable Simonson Charitable Fund OA L O Hubbell Realty Company H E IR G E S E R V IC E S . Foundation C H IE V E T T IV Snyder & Associates, Inc. ILY A PPO R Hurd Properties E R FA M A N K S TO S U Bank of the West AND H TH Straub Marketing RO C IO W N E R S H IP Iowa Realty Foundation O Bankers Trust HOME Tarbell & Co. P.L.C. Iowa State Bank Blackbird Investments Two Rivers Bank & Trust Jester Insurance Services Christensen Development U.S. Bank Foundation Kemin Industries Community State Bank UnityPoint Health – William C. Knapp Conlin Properties Des Moines Charitable Foundation Patty & Jim Cownie The Weitz Company, LLC Koester Construction Company Charitable Fund Wells Fargo Housing LSB Foundation 505 – 5th Avenue, Suite 1000 CT Development Foundation McAninch Corporation Des Moines, IA 50309 W.T. & Edna M. Dahl Trust West Bancorporation MetaBank Foundation WWW.PCHTF.ORG Deibler & Company Midwest Housing Equity Group Connie Wimer Charitable Fund Easter Family Fund MVAH Partners Zimmerman Properties, LLC EMC Insurance Foundation Visit PCHTF.ORG to learn more about National Equity Fund EPC, LLC what Polk County Housing Trust Fund is Nationwide Foundation PUBLIC FUNDERS Equitable Life of Iowa Fund doing to make certain the workforce we Newbury Living Iowa Finance Authority need has access to the homes they need. Estes Construction Northwest Bank Polk County FHLB Des Moines
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