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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 Power Cooperative

Corn Belt Power Cooperative

Fiscal year ending 2023. Filed on April 26, 2024.

PO Box 508
Humboldt, Iowa 50548

Corn Belt Power Cooperative (EIN: 42-0655796) has filed an IRS Form 990 since fiscal year 2020. In its fiscal year 2023 IRS Form 990 filing, Corn Belt Power Cooperative, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 11 out of 92 total employees. Among the employees shown here, the average compensation is $351,535. The highest compensated employee at Corn Belt Power Cooperative is Kenneth H Kuyper with fiscal year 2023 compensation of $553,189.

Revenue, expenses, and employee compensation

Revenue

$172,579,186

Expenses

$171,220,431

Employee compensation

$11,218,496
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Kenneth H Kuyper
Executive Vice President and General Manager
$553,189
$377,775 No related comp$175,414
Kevin W Bornhoft
Vice President Engineering and System Operations
$518,544
$210,413 No related comp$308,131
Ryan Cornelius
Vice President Corporate Relations
$413,506
$187,267 No related comp$226,239
Jacob Olberding
Vice President Power Supply
$402,176
$207,141 No related comp$195,035
Patrick Connor
Plant Manager
$327,021
$161,656 No related comp$165,365
Karen K Berte
Senior Vice President Finance and Administration
$312,618
$229,344 No related comp$83,274
Michael Finnegan
System Electrical Supt
$305,116
$127,436 No related comp$177,680
Brittany Dickey
Vice President, Business Development
$290,400
$156,958 No related comp$133,442
Jeremy Stattelman
Transmission Superintendent
$277,335
$126,979 No related comp$150,356
Larry Brusseau
Compliance Director
$241,960
$144,318 No related comp$97,642
Daniel Shiflett
ROW and Construction Superintendent
$225,016
$135,565 No related comp$89,451

Benchmark Employee Compensation

Non-Employee Board Members

David Onken
President
$30,875
$30,875 No related compNo other comp
Steve Boedecker
Director
$21,600
$21,600 No related compNo other comp
Dale Schaefer
Vice President
$20,750
$20,750 No related compNo other comp
Brad Honold
Director
$19,400
$19,400 No related compNo other comp
Larry Rohach
Treasurer
$18,400
$18,400 No related compNo other comp
Rick Thompson
Director
$15,200
$15,200 No related compNo other comp
Gary Poppe
Assistant Secretary and Treasurer
$12,600
$12,600 No related compNo other comp
Ted Hall
Director
$12,200
$12,200 No related compNo other comp
Jerry Beck
Secretary
$10,000
$10,000 No related compNo other comp

Contractors

Ies Commercial Inc.
Line Construction
$5,230,251
Infinity Technology Solutions LLC
Tower Construction
$1,089,792
Primoris T&D Services LLC
Line Construction
$901,987
Friest Tree Experts
Tree Trimming
$884,952
Open System International Inc
Equipment Design and Installation
$562,322

Mission Statement

To enhance the quality of life for our members, employees and communities.

Revisions to this organization profile

April 28, 2025:
2024 Corn Belt Power Cooperative 990 filed
April 26, 2024:
2023 Corn Belt Power Cooperative 990 filed
March 31, 2023:
2022 Corn Belt Power Cooperative 990 filed

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