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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 2023. Filed on September 24, 2024.

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 2023 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 91 total employees. Among the employees shown here, the average compensation is $288,188. The highest compensated employee at Corn Belt Energy Corporation is Don Taylor with fiscal year 2023 compensation of $618,285.

Revenue, expenses, and employee compensation

Revenue

$91,331,713

Expenses

$91,331,713

Employee compensation

$2,791,238
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Don Taylor
President
$618,285
$474,744 No related comp$143,541
Ryan Campbell
Vice President Electric Distribtuion
$300,304
$196,912 No related comp$103,392
Leonard Joe Priestley
Vice President Utility Services
$263,853
$202,803 No related comp$61,050
Norm Dunlap
Mgr Construction and Maintenanc
$250,027
$140,309 No related comp$109,718
Greg Yakle
Engineering Manager
$241,129
$165,326 No related comp$75,803
Mark Schaley
Maintenance Foreman
$236,092
$161,875 No related comp$74,217
Mike Nelson
Northern Region Manager
$230,962
$142,181 No related comp$88,781
Brian Felker
Construction Foreman
$227,781
$183,952 No related comp$43,829
Lynn Oleson
Director of Accounting and Finance
$225,256
$138,127 No related comp$87,129

Benchmark Employee Compensation

Non-Employee Board Members

Rae Payne
Board Chair
$29,500
$29,500 No related compNo other comp
Jerry Starkey
Director
$22,450
$22,450 No related compNo other comp
Barbara Metzger
Director
$21,650
$21,650 No related compNo other comp
Dennis Fredrickson
Vice Chair
$20,600
$20,600 No related compNo other comp
Peter Borowski
Secretary and Treasurer
$20,550
$20,550 No related compNo other comp
Janice Reimer
Assist Sec-Treasurer
$20,050
$20,050 No related compNo other comp
Kay Werts
Director
$14,700
$14,700 No related compNo other comp
Frank Koblisek
Director
$13,550
$13,550 No related compNo other comp
Terry Longman
Director
$13,400
$13,400 No related compNo other comp
Denise Mayes
Director
$11,700
$11,700 No related compNo other comp
Beth Beachy
Director
$9,400
$9,400 No related compNo other comp

Contractors

Endrizzi Contracting
Contract Tree Cree
$1,175,033
Shearer Tree Service
Contract Tree Crew
$882,762
Nisc
Software
$481,506
Tarter Construction
Construction
$456,790
Usic Locating Services Inc.
Line Location
$414,763

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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