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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 2017. Filed on September 30, 2018.

One 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 2017 IRS Form 990 filing, Corn Belt Energy Corporation, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 9 out of 101 total employees. Among the employees shown here, the average compensation is $209,059. The highest compensated employee at Corn Belt Energy Corporation is Don Taylor with fiscal year 2017 compensation of $398,981.

Revenue, expenses, and employee compensation

Revenue

$81,398,729

Expenses

$85,000,144

Employee compensation

$5,014,775
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Don Taylor
President
$398,981
$258,193 No related comp$140,788
Steve Hancock
Vice President of Electric Distribution
$217,583
$155,825 No related comp$61,758
Mark Schaley
Maintenance Foreman
$190,955
$128,145 No related comp$62,810
Ryan Campbell
Operations Manager-Central
$187,236
$129,125 No related comp$58,111
Brian Felker
UG Foreman
$186,283
$147,565 No related comp$38,718
Lynn Oleson
Director of Accounting and Finance
$183,280
$109,658 No related comp$73,622
Shane Bollhorst
Maintenance Foreman
$175,589
$128,896 No related comp$46,693
Bret Richards
Construction Foreman
$172,370
$129,010 No related comp$43,360
Kacy Wickenhauser
Vice President of Utility Services
$169,253
$127,093 No related comp$42,160

Benchmark Employee Compensation

Non-Employee Board Members

Rae Payne
Board Chair
$20,300
$20,300 No related compNo other comp
Peter Borowski
Director
$18,650
$18,650 No related compNo other comp
Robert Angus
Director
$18,300
$18,300 No related compNo other comp
Dennis Fredrickson
Director
$17,200
$17,200 No related compNo other comp
Jesse Slager
Director
$17,150
$17,150 No related compNo other comp
Jerry Starkey
Director
$15,400
$15,400 No related compNo other comp
Janice Reimer
Assistant Secretary and Treasurer
$15,150
$15,150 No related compNo other comp
Albert Hagenbush
Secretary and Treasurer
$12,950
$12,950 No related compNo other comp
Charles Meisenheimer
Vice Chair
$10,050
$10,050 No related compNo other comp
Laverne Malone
Director
$9,900
$9,900 No related compNo other comp
Stephen Schertz
Director
$9,650
$9,650 No related compNo other comp
Gary Archey
Director
$7,700
$7,700 No related compNo other comp

Contractors

Four Seasons Tree & Landscaping Service Inc.
Contract Tree Crews
$1,108,407
Usic Locating Service Inc.
Locating
$596,736
Champaign Signal & Light Company
Contract Boring
$446,629
Par Electrical Contractors Inc.
Line Construction
$203,254
Mason Equipment Services Inc.
Contract Boring
$130,295

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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