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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Corn Belt Energy Corporation

Corn Belt Energy Corporation

Fiscal year ending 2016. Filed on October 31, 2017.

1 Energy Way
Bloomington, Illinois 61705

Corn Belt Energy Corporation (EIN: 37-0228808) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2016 IRS Form 990 filing, Corn Belt Energy Corporation, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 7 out of 101 total employees. Among the employees shown here, the average compensation is $223,342. The highest compensated employee at Corn Belt Energy Corporation is Don Taylor with fiscal year 2016 compensation of $367,883.

Revenue, expenses, and employee compensation

Revenue

$84,502,854

Expenses

$76,499,480

Employee compensation

$4,478,369
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Don Taylor
President
$367,883
$241,976 No related comp$125,907
Michael Volker
Vice President of Utilit
$230,256
$141,205 No related comp$89,051
Steve Hancock
Vice President Electric
$229,333
$152,320 No related comp$77,013
Ron Hopkins
Special Projects
$203,868
$130,614 No related comp$73,254
Mark Schaley
Maintenance
$182,367
$122,620 No related comp$59,747
Ryan Campbell
Operations Manager
$177,651
$125,878 No related comp$51,773
Lynn Oleson
Accounting D
$172,034
$104,212 No related comp$67,822

Benchmark Employee Compensation

Non-Employee Board Members

Rae Payne
Board Chair
$22,150
$22,150 No related compNo other comp
Jerry Starkey
Board Member
$16,250
$16,250 No related compNo other comp
Janice Reimer
Assistant Secretary
$15,200
$15,200 No related compNo other comp
Robert Angus
Board Member
$14,350
$14,350 No related compNo other comp
Jesse Slager
Board Member
$12,300
$12,300 No related compNo other comp
Charles Meisenheimer
Vice Chair
$10,650
$10,650 No related compNo other comp
Albert Hagenbuch
Secretary and Treasurer
$10,050
$10,050 No related compNo other comp
Stephen Schertz
Board Member
$9,900
$9,900 No related compNo other comp
Laverne Malone
Board Member
$9,650
$9,650 No related compNo other comp
Dennis Fredrickson
Board Member
$9,550
$9,550 No related compNo other comp
Denise Mayes
Board Member
$8,100
$8,100 No related compNo other comp
Gary Archey
Board Member
$7,900
$7,900 No related compNo other comp

Contractors

Four Seasons Tree Landscaping
Tree Crew
$884,548
Champaign Signal Lighting
Line Crew
$445,133
Usic Locating Services Inc.
Contract
$441,738
Nisc
Software
$440,000
Shearer Tree Service
Tree Crew
$100,440

Mission Statement

To enhance the quality of life of our members and support the communities we serve by cooperatively providing reasonably priced energy with exceptional service.

Revisions to this organization profile

November 11, 2025:
2024 Corn Belt Energy Corporation 990 filed
September 24, 2024:
2023 Corn Belt Energy Corporation 990 filed
September 29, 2023:
2022 Corn Belt Energy Corporation 990 filed

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