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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 2020. Filed on September 1, 2021.

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 2020 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 87 total employees. Among the employees shown here, the average compensation is $253,469. The highest compensated employee at Corn Belt Energy Corporation is Don Taylor with fiscal year 2020 compensation of $552,718.

Revenue, expenses, and employee compensation

Revenue

$80,848,248

Expenses

$80,848,248

Employee compensation

$2,440,966
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Don Taylor
President
$552,718
$355,334 No related comp$197,384
Steve Hancock
Vice President Electric
$254,674
$174,183 No related comp$80,491
Mark Schaley
Maintenance
$225,631
$152,838 No related comp$72,793
Leonard Joe Priestley
Vice President Utility S
$223,866
$171,653 No related comp$52,213
Brian Felker
UG Foreman
$220,168
$173,119 No related comp$47,049
Jamie Lind
Construction
$213,941
$154,225 No related comp$59,716
Lynn Oleson
Director of Acctg
$210,436
$122,122 No related comp$88,314
Adam Knudsen
Journeyman
$206,970
$164,003 No related comp$42,967
Joe Law
Journeyman
$172,813
$148,495 No related comp$24,318

Benchmark Employee Compensation

Non-Employee Board Members

Rae Payne
Chair
$23,850
$23,850 No related compNo other comp
Peter Borowski
Director
$16,275
$16,275 No related compNo other comp
Jerry Starkey
Director
$14,975
$14,975 No related compNo other comp
Kay Werts
Director
$13,225
$13,225 No related compNo other comp
Janice Reimer
Assist Sec-T
$12,250
$12,250 No related compNo other comp
Dennis Fredrickson
Director
$11,675
$11,675 No related compNo other comp
Robert Angus
Director
$11,225
$11,225 No related compNo other comp
Jesse Slager
Director
$11,075
$11,075 No related compNo other comp
Laverne Malone
Director
$10,375
$10,375 No related compNo other comp
Terry Longman
Director
$10,125
$10,125 No related compNo other comp
Albert Hagenbuch
Secretary and Treasurer
$8,424
$8,424 No related compNo other comp
Denise Mayes
Director
$6,225
$6,225 No related compNo other comp

Contractors

Endrizzi Contracting
Tree Contractor
$1,142,051
Gound Tree Service Inc.
Tree Contractor
$621,360
Shearer Tree Service
Tree Contractor
$448,772
Usic Locating Services LLC
Contract Servic
$428,208
George Gildner Inc.
Mechanical Cont
$205,175

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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