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ANNOUNCING...

OUR NEW HELOC!

business CONNECTION

JANUARY 2020

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Deardorf Foundation brings art to downtown Fort Dodge

The Year In Review

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Sales•SERVICE•Rentals

Providing the Highest Quality Water Treatment Products and Services to Fort Dodge Since 1949.

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1903 1st Ave. N. • 515-955-5828 1903 1st Ave. N. • 515-955-5828 HOURS: 7:30 ‘til 5:00;  Mon.-Fri. 7:30 HOURS: 5:00 Sat. Mon.-Fir. 7:30 ‘til 10:30 ‘til a.m.

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Sales•SERVICE•Rentals

Providing the Highest Quality Water Treatment Products and Services to Fort Dodge Since 1949.

Softening Puri�ication Iron Removal Salt Delivery

www.fdwater.com • 576-6481 • 612 S 32nd St, Fort Dodge

January 2020 • FORT DODGE BUSINESS CONNECTION • 3 1


business CONNECTION

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Terry Christensen Bill Shea Tricia Winninger Nick Manwarren

Fort Dodge BUSINESS CONNECTION is published monthly by The Messenger in cooperation with The Greater Fort Dodge Growth Alliance.

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All rights reserved. Copyright 2019.

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RIDE THE BUS!

• Beach • Store • Doctor • Mountains • School • Downtown Agent

DART/MIDAS TNEMNREVOG FO LICNUOC SADIM

DART/MIDAS provides Interstate Travel Through Jefferson Lines and has routes that cover Fort Dodge 42 • FORT DODGE BUSINESS CONNECTION • January 2020


CONTENTS

Vol. 30 : Issue 10 January 2020

4

on the cover

-Messenger photo by Hans Madsen

Catherine Vincent Deardorf Charitable Foundation Board members Jennifer Condon, at left, along with Rhonda Chambers, pose in front of “Chronicle” with artist Dan Perry

every issue:

and Art Liason Eric Anderson,

6 Member Spotlight: Best Western Starlite Village Inn & Suites and Buford’s Steak House & BBQ 8 Q&A - Dr. Dan Kinney 10 City Connect 13 A Year in Review 18 County Connect

right, director of the Blanden Memorial Art Museum. Chronicle is located at First Avenue South and Ninth Street in downtown Fort Dodge. Board members not pictured are Jane Gibb, Maureen Merrill, Kyle Sande and Peggy Richardson Trevino.

20 College Connect 23 Q&A with Greg Woods 28 Financial Focus January 2020 • FORT DODGE BUSINESS CONNECTION • 3 5


MEMBER SPOTLIGHT

BEST WESTERN STARLITE VILLAGE INN & SUITES AND BUFORD’S STEAK HOUSE & BBQ

The Best Western Starlite Village Inn & Suites had its beginnings in the same location since 1964. It is the result of the commitment and vision of Jim and Fran Ackerman to establish what has resulted in a landmark at the intersection of US Highway 169 and Highway 7. It is on the west edge of 3rd Avenue NW and is often referenced as a known location to end up at or start from. It is often said, go to the Starlite and then on to a destination. The Conference Center and Ballroom are well known as a great location to have a meeting, conference, training session, a family gathering and reunion, and it is known to have hosted many weddings that brides grow up dreaming about.

Buford’s Steak House & BBQ features the quality steaks that Iowa is renown for as well as slow and low cooked barbecue entrees. The hotel features a large atrium enclosing a large pool and hot tub-with plenty of space to enjoy family and friends. The guest rooms offered can meet the desires and budgets of the most discriminating people. The Business Class Executive King rooms feature spacious areas with king bed, sitting areas, two flat screen televisions, large bathrooms with walk in showers and large vanities. A wet bar is perfect for centering your morning cup of coffee or evening refreshments.

6 4 • FORT DODGE BUSINESS CONNECTION • January 2020


The Poolside Double Queen Rooms are very popular with families. The single Queen with sofa sleeper is perfect for those starting families on a budget with one or two small ones. The business traveler and sales professionals gravitate to King Rooms with a Recliner. And for those Seniors and trades people on a budget, the Single Queen Room fit the bill. The Ackerman’s were and remain great supporters of the community. Their vision and generosity have been evident for decades with community organizations, schools, and charities. Their membership as Investors in the Greater Fort Dodge Growth Alliance is evidence of their commitment. Jim & Fran Ackerman formed and funded a Charitable Foundation which continues to support community causes and education in the community. They recognized that the community was good to them and they wanted to show their care and concern. J. P. Mansfield, III, President of the Greater Fort Dodge Growth Alliance has been in Fort Dodge since 1984. He works with the Best Western Starlite Village Inn & Suites and Buford’s Steak House & BBQ on operational and marketing projects. 7 January 2020 • FORT DODGE BUSINESS CONNECTION • 5


Q&A

Q&A

WITH

DR. DAN Kinney PRESIDENT OF IOWA CENTRAL

Q: PLEASE TELL US A LITTLE ABOUT YOURSELF AND THE ROLE YOU HAVE HAD FOR THE PREVIOUS YEAR WITH THE GREATER FORT DODGE GROWTH ALLIANCE. Kinney: During this past year I have been honored to serve as the Growth Alliance’s Board President. As the President of Iowa Central, I work directly to assist our region with the workforce issues that we face. Being in both roles has really allowed me to see additional issues our region and state face related to the need for highly skilled and trained workers and matching those we train with the high demand jobs that are currently available. Any spare time I have you will catch me at my daughters’ activities or watching the Tritons play.

8 6 • FORT DODGE BUSINESS CONNECTION • January 2020


Q&A WITH DR. DAN Kinney Q: WHAT DO YOU FEEL IS THE BIGGEST ACCOMPLISHMENT YOU’VE SEEN DURING YOUR TIME AS THE GROWTH ALLIANCE’S BOARD PRESIDENT? Kinney: What I see as the biggest accomplishment is the partnerships that we have within our community. Community Colleges across the nation are key to the economic growth. In talking with my colleagues, they are surprised and jealous of how well our whole region works together. They share with me that this isn’t normal within the communities they serve. Our community truly has a transparent and collaborative approach to working together to make our community and region better.

Q: WHAT DO YOU HOPE TO SEE, OR CONTINUE TO SEE, HAPPEN IN THE FORT DODGE REGION OVER THE NEXT YEAR? Kinney: The next issue we must address is the childcare need. Our community is already in full force with planning and we cannot let that stop. We must work with our local legislators to help address this need. Many believe it is unique to our region, but it isn’t and I believe we are on the right track to address this need. Our region is strong and that is because of our partnerships. So, we must continue to work together and we will continue to be a wonderful community to raise our family.

Q: WHERE HAVE YOU SEEN THE MOST GROWTH IN THE COMMUNITY OVER THE LAST YEAR? Kinney: I believe the most growth I have seen over this last year has to be with the way we are tackling the affordable housing crisis we face. We have seen several new projects that include every level of housing to help us continue to attract workforce to our region. Our community we serve continues to improve the quality of life for our residents that includes looking at expanded retail shopping. I believe the project with the mall is an amazing opportunity that will allow us to continue to attract new residents to our region. I hear from the students that attend the college that they love the area and hope to have the ability to find a job and stay in our region. Finally, this past year we have continued to grow partnerships within our area communities and with our educational partners. Both K-12 public and private, to Iowa Central and Buena Vista University, nobody has to leave our community to get a quality education and that starts with pre-school and ends with a college degree. I know I might be biased, but we have the best educational system for our residents throughout the nine counties Iowa Central serves!

9 January 2020 • FORT DODGE BUSINESS CONNECTION • 7


City Connect FORT DODGE

2019: Year in Review

Work on installing fiber optic cables along the 5th Avenue South corridor was completed in 2019. The fiber optics allow for better synchronization of the traffic signals along the route, reducing delays and improving traffic flow. -Photo by City of Fort Dodge

Draco, one of two canine cops serving with Fort Dodge’s finest, joined the force in December 2019 after Abram’s retirement in June. Draco will be able to assist with building searches, drug detection and missing person searches, as well as public relations efforts. -Messenger photo by Elijah Decious

The finished Pleasant Valley mural sits at the intersection of Meriwether Drive and 11th Avenue Southwest in the Pleasant Valley neighborhood of Fort Dodge. -Messenger photo by Kelby Wingert

8 • FORT DODGE BUSINESS CONNECTION • January 2020 10


On Monday, November 4, 2019, plans were revealed for redevelopment of the current Crossroads Mall site. This image shows what the area could look like with residential, business and retail buildings. This view looks from the northeast corner to the southwest corner of the current Crossroads Mall. -Photo by City of Fort Dodge

A new piece of art joined the other works on the grounds of the Blanden on November 7, 2019. “Holdfast” is designed to look different depending on its changing surroundings. -Photo by Blanden Memorial Art Museum

The Fort Dodge Public Library had over 900 children sign up for summer reading logs. These kids checked out at least 1 book almost 3,000 times, adding 15,000 blocks to the table used to track total reading. -Photo by Fort Dodge Public Library

The Fort Dodge Parks and Recreation Department hosted a special event on Sunday, September 8, 2019, to celebrate the 50th anniversary of the dedication of the Harlan and Hazel Rogers Sports Complex. 11 January 2020 • FORT DODGE BUSINESS CONNECTION • 9


City Connect FORT DODGE

Built in 1966, the Fort Dodge Fire Station saw the start of a $1.4 million renovation project. The addition houses 12 individual dorm rooms and a fitness room. Work on the existing structure began in late 2019 and should be complete in Spring/Summer 2020. -Photo by Fort Dodge Fire Rescue

Removal of the Little Dam began in February 2019. By demolishing the Little Dam and Hydroelectric Dam, the natural flow of the river can be restored, while providing positive impacts to the aquatic environment and safety for recreational users. In this instance, the environmental benefits of dam removal outweigh the benefits of maintaining the dam.

Dean Hill, Fort Dodge City Council member for Ward 2, receives a recognition of service from Mayor Matt Bemrich during December 23, 2019, City Council meeting. Hill’s term ended on Dec. 31 after his decision to not run for re-election. He served 8 years on the Council and is replaced by Andy Fritz. -Messenger photo by Kelby Wingert

-Photo by Terry Moehnke

Veterans boarded the 18th Brushy Creek Area Honor Flight in May at the Fort Dodge Regional Airport for their day in Washington, D.C. Over 2,500 veterans from the region have participated in the Honor Flight to date. -Messenger photo by Hans Madsen

10 • FORT DODGE BUSINESS CONNECTION • January 2020 12


Greater Fort Dodge Growth Alliance News

A Year in Review Another calendar year has come and gone and therefore it is a good time to review the impact of last year on 2020. The first and most important is to thank The Greater Fort Dodge Growth Alliance Board of Directors for their support and efforts in 2019. Without them, we would never reach the opportunities we have available. The same is true for The Webster County Board of Supervisors, The Fort Dodge City Council, Gowrie Development Commission, elected officials in Webster County, as well as the area school districts, Iowa Central and the City of Manson.

Secondly, I would specifically like to thank the outgoing Executive Board members Mike Dewerff, Ann Lenox, and Kevin Black. I would also like to congratulate the newly elected Executive Board members Luke Hugghins, Leah Glasgo, and Austin Hill. They join Past President Dr. Dan Kinney, President J. P. Mansfield, President-Elect Mark Layton, and Phil Gunderson. The past year continued to be dominated by the need of providing a workforce to meet the needs of the continued growth in the area economy. Whether through providing recruitment tools or retention tools it remained our highest priority. Just a few of the initiatives included Career Fairs, Resume Distribution, Internship Programs, Externships, Re-Entry Programming, Career Academies, Recruitment Videos, Leadership Fort Dodge, Young Professionals, Wage Benefit Surveys, Apprenticeships, and various Training Opportunities, among others. We continued our targeted marketing with local companies first and attended trade shows such as Bio World Congress, Vet Health Global, The Kansas City Investment Forum, among others. We worked with the State of Iowa to

bring Bio World Congress to Des Moines for the first time ever in 2019 and we partnered with the Iowa Economic Development Authority and several other economic organizations to create awareness and of the intensity of the biotechnology industry in Iowa as well as to recruit innovation/companies to Iowa. Our client list pipeline continued to grow in 2019 and many local companies continued to add to their employment levels. Investment continued by local industry whether it was direct primary sector investment such as Nestles, C.J. Bio, Davis Industries in Dayton or support growth such as White Transfer which added their second 50,000 sq. ft. expansion in two years. We also experienced significant regional growth such as the Prestage Pork Plant in Wright County which clearly is a large regional economic driver for this area.

Finally, in support of workforce and employment need we continued to see local government work on quality of life initiatives by incentivizing housing, working toward redevelopment of the Crossroads Mall area, addressing needed childcare, as well as image and recreational opportunity. If we continue doing what we all have worked together on in recent years I expect that economic growth will continue in 2020 and beyond. The stage is set and opportunity is waiting.

Dennis Plautz

Kelly Halsted,

Economic Development Director,

representing the Fort Dodge

region at BIO World Congress on Industrial Technology.

January 2020 • FORT DODGE BUSINESS CONNECTION • 13 11


1 0 7 2 0 2 The Greater Fort Dodge Growth Alliance JANUARY 2020

24 North 9th Street, Suite A Fort Dodge, IA 50501 Phone 515-955-5500 Fax 515-955-3245 www.greaterfortdodge.com

STAFF Dennis Plautz CEO

dennis@greaterfortdodge.com

Kelly Halsted

Economic Development Director kelly@greaterfortdodge.com

Jill Nelson

Community Development Director jill@greaterfortdodge.com

N E WS A MEMBERSHIP TO THE GROWTH ALLIANCE What does it mean to be a member of the Growth Alliance? A membership to the Growth Alliance is an investment in the community; but also an investment in your own business or organization, because when the local economy grows, it benefits us all. That is the Growth Alliance’s mission- to grow our economy. We do this by actively engaging businesses, stakeholders and community members. It’s membership renewal season and we would appreciate your support and investment in 2020. Together we make a difference!

Skyla Porter

Organizational Administrator skyla@greaterfortdodge.com

Kate Stucky

Office Manager kate@greaterfortdodge.com

MISSION STATEMENT “Greater Fort Dodge Growth Alliance is an efficient organization whose mission is to unify and coordinate accountable, economic and community development, to enhance the quality of life in Fort Dodge and the region.”

Lydia Schuur

Communications Specialist lydia@greaterfortdodge.com

14 22 12 • FORT DODGE BUSINESS CONNECTION • January 2020


Community OUR ROLE IN THE

RECRUIT NEW BUSINESSES

ENCOURAGE COMMUNITY INVOLVEMENT & SERVICE

RETAIN EXISTING BUSINESS

PROVIDE OPPORTUNITIES FOR PROFESSIONAL DEVELOPMENT & NETWORKING

HELP DEVELOP A SKILLED WORKFORCE PARTNER IN COMMUNITY DEVELOPMENT PROJECTS

ADVOCATE FOR AREA BUSINESS

SNAPSHOT OF MEMBERSHIP TOOLS: PROMOTE YOUR ORGANIZATION

GROW YOUR ORGANIZATION

SAVE MONEY

GET INVOLVED

For a full list of tools and resources available to our members, visit www.greaterfortdodge.com/membership/member-benefits 15 January 2020 • FORT DODGE BUSINESS CONNECTION • 23 13 15


Alliance News

What our members have to say... “First Presbyterian Church is an organization that is committed to the ongoing development of Fort Dodge. The Greater Fort Dodge Growth Alliance shares that commitment. Our partnership was a natural fit! Through this partnership, church staff and I have learned so much about our community and how we can get more involved. From the state capitol to the local middle school, our GFDGA membership has connected us with community leaders and multiple new opportunities for local impact.” -Austin Hill, Senior Pastor, First Presbyterian Church

“The Fort Dodge Community School District is proud to be a member of the Greater Fort Dodge Growth Alliance. The partnership between our schools and the GFDGA is important to providing quality learning experiences for our kids, including career exploration, job shadowing, work experiences and more. Together we are working to build a prepared, relevant and qualified workforce for our community. Our schools are only as strong as our community and our community is only as strong as our schools making our partnership with the GFDGA so important to continuing to move our community forward. Together We Rise!” -Dr. Jesse Ulrich, Superintendent, Fort Dodge Community School District

“We have been a member of the Growth Alliance since its inception and have been satisfied with the organized and collaborative manner in which our region has advanced. The Growth Alliance allows for “one stop” shopping; whether it be community development or business development. The Growth Alliance is poised and able to provide exemplary service.” -Don Woodruff, President, Woodruff Construction, LLC

16 14 • FORT DODGE BUSINESS CONNECTION • January 2020


Alliance News

“Snyder & Associates, Inc. is a member of the Greater Fort Dodge Growth Alliance and has been for over a decade. During our initial search for office space, the Growth Alliance was instrumental in the search process. Their staff has been extremely helpful in connecting us with prospective employees, partner corporations, and clients through networking activities and events that have catalyzed our firm’s Central Iowa growth. As we’ve expanded our footprint in the region, our relationships with the Growth Alliance and other partners alike has expanded.”

-Wade Greiman, Transportation Business Unit Leader, Snyder & Associates, Inc. “Decker Truck Line, Inc. was one of the founding board members of the Greater Fort Dodge Growth Alliance. We originally joined the board to support local businesses and to be good corporate citizens. The success of the Growth Alliance has exceeded our expectations. They have participated and are leaders within the community who recruit new regional businesses who sometimes are in need of transportation services. Simultaneously, our Company has expanded our customer base, diversified our operations, and continue to grow our local sales based on these new regional businesses. Our investment has been worth every penny. Thank you Greater Fort Dodge Growth Alliance.“ -Tim Burns, Chief Investment Officer, Decker Truck Line, Inc

“Through our practice and teaching at Faiferlick Martial Arts, we strive to produce individuals who are positive, respected and contributing members of society. We are proud of our membership with the Greater Fort Dodge Growth Alliance because their vision and value is a compliment to our mission and community. We have benefited from our membership by receiving leads, promoting our events in the weekly enewsletter and their website. We have also added our member materials in the welcome bags to help our business be in the hands of all newcomers to the area. We also received the New Business of the Year Award through the GFDGA in 2015. We are proud to be a member!” -Justin Faiferlick, Owner, Faiferlick Martial Arts

17 January 2020 • FORT DODGE BUSINESS CONNECTION • 15


Webster

County Connect A Year in Review 2019 was a year of progress and change in Webster County. Across the region, businesses were expanding, and communities were seeing growth. These are some of the highlights:

grant to help enhance the visual appeal of downtown Gow-

• The Webster County Recorder’s office was busy with up-

ment Committee.

dates such as digitizing all marriage applications from 1997 to current in house, upgrading the microfilm reader printer to improve the quality of microfilm birth records, continuously digitizing their plat index books, and organizing the vault to make document searches easier and quicker.

rie by providing an incentive for improvements that have an impact on the exterior aesthetic of a building. Dayton is also providing incentives to new businesses with the implementation of a forgivable loan through their Economic Develop-

• Because of ancillary growth of various industries, businesses like White’s Transfer and Storage Co. saw an expansion in the form of a 50,000-square-foot building. White’s Transfer and Storage Co. acts as a third-party logistics and distribution provider to several global companies in the region. Another example is the $50 million – dollar expansion to CJ Bio’s site. A Dayton business, Davis Industries, enhanced its product line with the production of a trailer with a detached gooseneck, allowing for easier and safer loading, unloading, and transportation. With the release of this new product, Davis Industries expects to expand its workforce. • Webster County Conservation Board is ramping up to offer a new camping experience with the

• Communities within Webster County are seeing growth in their housing. Gowrie implemented incentives for home builders with grant funds and tax abatements, energy re-

construction of two yurts. Yurts are 24-foot dome-style canvas structures complete with air conditioning, a restroom, kitchen, beds, and living space.

bates, affordably priced lots, and various other partnerships with local entities. Progress is happening in Lehigh with new houses being built. Badger has subdivided plots for new builds. • Webster County towns are experiencing retail growth. For example, a new business is opening in Callender and the Gowrie Development Commission has offered a Downtown Building Façade

16 • FORT DODGE BUSINESS CONNECTION • January 2020 18


• Tiny houses were constructed through a partnership with the Webster County Conservation Board, Iowa Central Community College instructors, and inmates at the Fort Dodge Correctional Facility. The homes are located at the Gypsum City OHV Park and have a variety of themes and floor plans, with accommodations for 2-4 people. • Webster County continues to explore trail expansion and will be adding a 180-foot bridge over a portion of Badger Lake and paving a trail around the lake. The bridge project is scheduled to be completed in 2020, with the trail improvements planned for 2020-21. • Roof restoration at the Webster County Courthouse was approved. The project will include a partial replacement of the clock tower, will restore the roof’s skylight and keep the pieces of the old green patina that are still intact. • Land was purchased by the Webster County Supervisors with the intent for future growth at the Iowa Crossroads of Global Innovation site. • Dayton’s elementary school received national recognition when it was awarded the honor of being a 2019 Exemplary High Performing Schools National Blue-Ribbon School. Through collaboration and coordination, the Webster County Supervisors continue to work comprehensively with the towns and communities across Webster County to support the growth we’ve seen, and to promote more for the future.

January 2020 • FORT DODGE BUSINESS CONNECTION • 19 17


College Connect Reflecting on 2019 As we reflect on 2019 and the performances of Mamma Mia, the emotional journey to Numa in Falling Awake, the Fall Instrumental Concert, and our Sounds of the Season holiday show, the spring semester of 2020 is packed with an assortment of performances and shows that we hope you are able to attend and enjoy. There is sure to be something that appeals to all audiences. Whether you like vocal music, instrumental music, musicals, or dancing; we have it all! The students at Iowa Central who are involved in these performances work very hard each semester to produce some of the most entertaining and quality performances that are available in our region. They are very passionate about the arts that they choose to partake in and appreciate all of the support from our students, faculty, staff, and community members.

Spring Musical Matinee:

Newsies – March 4 – 9:00 AM – Decker Auditorium Spring Musical:

Newsies – March 5-7 – 7:00 PM – Decker Auditorium

Our Iowa Central Performing Arts team has been chomping at the bit for years to bring a Disney musical to the stage— and this year, we were thrilled to find the perfect match for our students and the iconic production mogul in the form of Newsies! Set in New York City at the turn of the century, Newsies tells the story of a charismatic young man who leads his fellow newsies in a the strike of 1899 against Joseph Pulitzer and William Randolph Hearst to fight for the rights of the young boys and girls who hawked the papers on the streets for the wealthy owners. The strike began when the children refused a price hike placed on them to counterbalance the paper’s circulation issues—losses that came from boring headlines after the war had ended. The show is directed by Teresa Jackson with vocal direction from Will Lopes, choreography by Emily Eastwood, pit orchestra by Paul Bloomquist and the technical direction by Ashley Garst and Scott Deuel. Newsies is a Tony-award winner for Best Musical Score and Choreography—so the songs and dances along with an inspirational story line will make this production a “Must See” for all ages.

20 • FORT DODGE BUSINESS CONNECTION • January 2020 18


Dance Team Curtain Call:

Showcase Concert Matinee:

this show will be the concert band, brass

Decker Auditorium

Decker Auditorium

directed by Paul Bloomquist.

April 23-24 – 7:00 PM

We love being able to share these pro-

May 2nd – 7:00 PM

This is an annual production that is put on by the Triton Dance Team and coaches. They are highlighting the amazing season and year they had by presenting all of their

April 22 – 1:00 PM

Showcase Concert: Decker Auditorium

ensemble and the jazz band who are all

ductions with our communities and hope

Come support all of the vocal and in-

you will take the opportunity to come enjoy the shows this spring at Iowa Central!

routines for an audience to enjoy. This

strumental ensembles in their spring

show is also a fundraiser for the dance

production showcasing all of their hard

team to raise money to attend the largest

work throughout the semester. You will

nationals in the world National Dance Alli-

be able to hear the beautiful sounds from

ance Nationals in Daytona Beach, Florida.

the concert choir, and vocal jazz ensem-

At this production you will get a chance to

ble as well as the upbeat and high ener-

see all of the routines from summer camp,

gy performances by the Encore Singers

football season, ISDTA State Champion-

show choir. Vocal instruction is under the

ship, Nationals, graduate solo pieces,

direction of Will Lopes with dance chore-

coach’s routine and a fun co-ed finale

ography by Emily Eastwood and Alyssa

number. This show is a perfect setting for

Allbee. Also, highlighting their talents at

friends and family to see everything that the dance team does as well as recruits to get an idea of what it is like to be on the Iowa Central Dance Team. At Curtain Call, there will be sponsorships sold, a silent auction, and baked goods also for sale to help raise money for the national’s fund. You won’t want to miss this event. A lot of fun and very entertaining.

21 January 2020 • FORT DODGE BUSINESS CONNECTION • 19


CVB

CALENDAR OF EVENTS The Fort Dodge Convention and Visitors Bureau needs your help. We are populating our Calendar of Events page on fortdodgecvb.com and need details on the special events taking place in our county in 2020. This calendar will list all events which may be of interest to visitors. If utilized fully by the community, this calendar could have hundreds of events listed on it. To find event information easily, users can search the events by event name, dates or by categories. We want to ask event hosting organizations to post their event details electronically on the Submit an Event tab. A submission form will ask you the event name, date, location, address, times, information about the event, publishable contact phone number, publishable e-mail and website address. The form will allow events to be categorized in the multiple categories that apply. Categories include animal/livestock, arts, concerts, crafts/antiques, family events, festivals, museum/exhibits, seminars/tradeshows/workshops, theatre and sports. It will, also require the person submitting this information to record their name and phone number which will not be published. I have tried to make it a simple process, but if you have any difficulty, please don’t hesitate to contact us at fdconvention@ frontiernet.net or 573-4282.

22 20 • FORT DODGE BUSINESS CONNECTION • January 2020

Kerrie Kuiper is the executive director for the Convention and Visitors Bureau


Fort Dodge Young Professionals

Q&A Greg Woods

The Fort Dodge Young Professionals organization has announced its 2020 Board of Directors. President, Greg Woods, Alzheimer’s Association Vice President, Kalli Berning, Cargill Past President, Luke Hugghins, McClure Engineering Co Secretary, Jill Nelson, Greater Fort Dodge Growth Alliance Treasurer, Mitch Stewart, Mid Iowa CPAs Jayna Mickelson, Elanco Julie Ragland, Hassebrock CPA Lance Walding Nicole Thurman, KHI Solutions Cameron Nelson, Shimkat Motor Company Brian Pederson, Blue Ribbon Pelham Waters Jon Flattery, Flattery Farms will get your blood pumping. We also provide ample opportunities for volunteering around the community, so you can make a difference while connecting with other young professionals from the area. As a whole, we want to grow our impact this year and help connect with even more people in and around Fort Dodge.

Why did you get involved with the Fort Dodge Young Professionals? When I moved to Fort Dodge, this was actually one of the first pieces of advice I received: Join Young Professionals. I heard it was a fantastic way to get to know people and that this group was so involved in all kinds of activities around town. I knew it would also help me learn about Fort Dodge through the people who grew up here or those who moved here, as I did. Why have you chosen to make Fort Dodge your home? My job has me covering a pretty wide swath of north central Iowa, and Fort Dodge represented a perfect central location for my territory. But beyond just my job, this community also became a place where I have friends and a place where there’s always something to do.

It serves as a great launching point for all kinds of activities, from the parks and trails here in town to nearby locations and bigger cities that are close enough for day trips. As a sports fan, I have also enjoyed games as a spectator (at the state softball tournament), as a participant (at the volleyball nights at Amigos) and as a broadcaster (at St. Edmond Catholic School). What can area young professionals expect for the coming year? Young Professionals tries to plan activities for a variety of interests throughout the year, so our calendar always has a lot going on. Winter can pose a challenge for outdoor activities, but thankfully our movie nights, trivia and monthly Networking Lunches are indoors. When it does warm up, our Run and Bike Clubs, flag football and volleyball

What advice do you have for young professionals in the area? Get involved! People underestimate the impact they can have on their community. The great thing about YP is that we are constantly looking for new opportunities and activities. If you’d like to join Young Professionals but haven’t seen an activity that suits you, come suggest it to us---or better yet, help us plan it! The population of young professionals in this town is always changing, so we encourage new ideas and first-time participants. Plus, like I can attest, you will gain a greater understanding and appreciation for Fort Dodge, and you will also gain some new friends in the process.

January 2020 • FORT DODGE BUSINESS CONNECTION • 21 23


Fort Dodge Community Foundation and UNITED WAY

BY LEAVING A LEGACY YOU CAN IMPACT YOUR COMMUNITY What is a legacy? John Maxwell, author of numerous books on leadership, said, “What you do with the future means the difference between leaving a track record and leaving a legacy. ”

A legacy is more or less what someone is remembered for; to leave a lasting legacy is a journey from success to significance. A legacy could involve an idea, a significant achievement, or a fund that is making a difference in one’s community, state or nation. A legacy can and should be something you leave behind that will benefit others-perhaps future generations. Establishing an endowed fund is a perfect example. The Fort Dodge Community Foundation and United Way promotes legacy giving and encourages people to establish endowment funds because they make the most powerful and lasting impact on our community and region. Creating an endowed charitable fund gives citizens the opportunity to give back to their community, the place they call home; where they raised their family, made their living and shared their lives with life-long friends and neighbors. The Fort Dodge Community Foundation and United Way is able to offer donors attractive tax saving advantages that accompany a legacy gift. Triple your tax benefits In certain cases, an endowed fund with the Fort Dodge Community Foundation can offer donors a triple tax benefit. For example, often times long-term capital assets may be ideal for charitable gifts because assets such as stock, real estate, and farmland may receive a double federal tax benefit. First, donors can receive an immediate charitable deduction off federal income tax, equal to the fair market value of the stock, real estate, or farmland. Second, assuming the donor owned the asset for more than

one year, the donor can avoid long-term capital gain taxes when the asset is donated to the community foundation. The third tax benefit is the Endow Iowa Tax Credit. Donors can receive a 25% Endow Iowa state tax credit for gifts made during their lifetime, lowering the after tax cost of charitable gifts even further. The box below clearly shows the triple tax advantage.

The donor owns stock with a fair market value of $100,000. The stock was originally purchased at $20,000 (basis). The donor’s income tax rate is 32%, with a capital gains tax rate of 15%. Tax benefits of donating long-term capital gain asset with Endow Iowa Tax Credit: Value of the gift: Federal tax deduction: Capital gains tax savings Endow Iowa Tax Credit Total tax savings Out-of-pocket cost of gift

$100,000 32,000 12,000 25,000 69,000 31,000

(Note: The Fort Dodge Community Foundation recommends that all donors consult with their tax advisor for specific tax advice or consultation regarding any contributions.) In the true spirit of giving, a legacy gift is a great way to establish an honorable and meaningful legacy for an individual or family by giving back to their community in an impactful way to help improve lives and enhance the quality of life of future generations. For more information on how a legacy fund might meet your long-term charitable goals, contact the Fort Dodge Community Foundation at 515-573-3171, or visit our web site at: www. fd-foundation.org.

24 22 • FORT DODGE BUSINESS CONNECTION • January 2020

Randy Kuhlman, C.E.O. Fort Dodge Community Foundation and United Way


Business Connection Economic Pulse Mortgage Interest Rates

Building Permits 150

30 Year Fixed 15 Year Fixed

7%

125

6%

100

5%

75

Source: Edward Jones

Monthly in your Messenger

Rates average of those reported by Fort Dodge financial institutions

FORT DODGE

J

A

S

O

N

CONNECTION

3.850 3.350

O

3.775 3.25

S

3.8 3.3

59

N D

3.625 3.175

77

M M

2%

3.625 3.175

122

3%

65

49

90

25

3.975 3.3

4%

50

D

Source: Fort Dodge Planning Office

Airline Boardings 1200

Source: Fort Dodge Regional Airport

2018 Passenger Boardings 2019 Passenger Boardings

1000 800

712 782

691 724

MM

J J

J J

A A

O O

682

687 749

A A

688

699 753

MM

664

668 680

200

702

400

688 634

600

To advertise in the Business Review Call Tricia at 515-574-4418 twinninger@messengernews.net

N N

Auto & Truck Sales Cars Source: Webster County Motor Vehicle Dept. Trucks

125 100 75 50

O

45 27

S

84 41

A

52 25

J

63 32

10

73 33

25

Stocks. Bonds. CDs. IRAs. Mutual funds.

N

MAKING SENSE OF INVESTING William D Kent, AAMS® Financial Advisor

1411 1st Avenue South Fort Dodge, IA 50501 515-576-2771

Ryan Kent CFP® AAMS® Financial Advisor

Member SIPC

www.edwardjones.com

25 January 2020 • FORT DODGE BUSINESS CONNECTION • 23


Edward Jones Financial Focus

CAN YOU IMPROVE YOUR RELATIONSHIP WITH MONEY?

In your life, you will have all sorts of relationships – with your family, your friends, your co-workers, and even with civic groups and charitable organizations you support. But have you ever considered another key relationship – the one you have with money? Of course, this type of relationship has several aspects, such as saving, spending and investing. And your fellow Americans clearly face some challenges in these areas. For example, in a recent survey by financial services firm Edward Jones, only 21% of respondents reported that they feel happy when thinking about saving money, while 92% said they see room for improvement in their financial health. Yet only one in four plan to improve their spending habits. Furthermore, just 26% said retirement was a top savings priority. If you share some of these concerns, what should you do? Here are a few suggestions:

how much you should be investing, or whether you’re investing in the right way? Clearly, these types of questions can cause some anxiety – and, even more importantly, they may lead you to make poor decisions. Emotions are obviously closely tied to money – but they really should not play a big role in your spending, saving and investing choices. • Develop a financial strategy. By developing a sound financial strategy, you can reduce money-related stress and help yourself feel empowered as you look to the future. A comprehensive strategy can help you identify your goals – a down payment on a new home, college for your children, a comfortable retirement, and so on – and identify a path toward reaching them. Your financial strategy should incorporate a variety of factors, including your age, risk tolerance, income level, family situation and more. Here’s the key point: By creating a long-term strategy and sticking to it, you’ll be far less likely to overreact to events such as market downturns and less inclined to give in to impulses such as “spur of the  moment” costly purchases. And without 

 

• Identify your money-related emotions. Try to recognize the emotions you feel in connection with saving and investing. Do you get nervous about spending? Does putting away money for the future give you satisfaction or not? Do you worry that you don’t know

such a strategy, you will almost certainly have less chance of achieving your important goals. • Get an “accountability partner.” Your relationship with money doesn’t have to be monogamous – you can get help from an “accountability partner.” Too many people keep their financial concerns and plans to themselves, not even sharing them with their partners or other family members. But by being open about your finances to your loved ones, you can not only avoid misplaced expectations but also enlist the help of someone who may be able to help keep you on track toward your short- and long-term goals. But you may also benefit from the help of a financial professional – someone with the perspective, experience and skills necessary to help you make the right moves. Like all successful relationships, the one you have with money requires work. But you’ll find it’s worth the effort.

 

This article was written by Edward Jones for use by your local  Edward Jones Financial Advisor.

26 24 • FORT DODGE BUSINESS CONNECTION • January 2020


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• Homemade Buns & Great Burgers

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• Chicken Dinners Every Friday & Saturday Night

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ANNOUNCING...

OUR NEW HELOC!

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JANUARY 2020

Brought to you by

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Chronicle

Deardorf Foundation brings art to downtown Fort Dodge

The Year In Review

WEDDING

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Profile for Newspaper

Business Connection • Jan. 2020  

Published by Business Connection

Business Connection • Jan. 2020  

Published by Business Connection

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