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CORN BELT ELECTRIC COOPERATIVE INC

EIN 37-0228808 BLOOMINGTON, IL

Revenue 2024
$88,250,529
Expenses 2024
$88,250,529

Program services were 0.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
12
Classification
4000
Street
1 ENERGY WAY

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • Don Taylor

    President

    Total calculated
    $668,980
    From this org
    $519,416
    From related orgs
    $0
    Other
    $149,564
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $519,416
    Bonus
    not reported
    Other
    not reported
    Deferred
    $105,631
    Nontaxable benefits
    $43,933
    Filer's total
    $668,980

  • Ryan Campbell

    VP Electric Distribtuion

    Total calculated
    $335,103
    From this org
    $216,250
    From related orgs
    $0
    Other
    $118,853
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $216,250
    Bonus
    not reported
    Other
    not reported
    Deferred
    $91,761
    Nontaxable benefits
    $27,092
    Filer's total
    $335,103

  • Leonard Joe Priestley

    VP Utility Services

    Total calculated
    $273,172
    From this org
    $208,453
    From related orgs
    $0
    Other
    $64,719
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $208,453
    Bonus
    not reported
    Other
    not reported
    Deferred
    $51,130
    Nontaxable benefits
    $13,589
    Filer's total
    $273,172

  • Greg Yakle

    Manager of Engineering

    Total calculated
    $261,459
    From this org
    $180,204
    From related orgs
    $0
    Other
    $81,255
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $180,204
    Bonus
    not reported
    Other
    not reported
    Deferred
    $49,786
    Nontaxable benefits
    $31,469
    Filer's total
    $261,459

  • Lynn Oleson

    Dir of Accounting & Finance

    Total calculated
    $255,987
    From this org
    $151,383
    From related orgs
    $0
    Other
    $104,604
    Hours/week
    56

    Schedule J breakdown matched by us

    Base
    $151,383
    Bonus
    not reported
    Other
    not reported
    Deferred
    $79,560
    Nontaxable benefits
    $25,044
    Filer's total
    $255,987

  • Brian Felker

    Construction Foreman

    Total calculated
    $255,424
    From this org
    $209,878
    From related orgs
    $0
    Other
    $45,546
    Hours/week
    57

    Schedule J breakdown matched by us

    Base
    $209,878
    Bonus
    not reported
    Other
    not reported
    Deferred
    $29,468
    Nontaxable benefits
    $16,078
    Filer's total
    $255,424

  • Chris Burnett

    Journeyman

    Total calculated
    $214,006
    From this org
    $174,899
    From related orgs
    $0
    Other
    $39,107
    Hours/week
    52

    Schedule J breakdown matched by us

    Base
    $174,899
    Bonus
    not reported
    Other
    not reported
    Deferred
    $14,511
    Nontaxable benefits
    $24,596
    Filer's total
    $214,006

  • Mike Conway

    Area Serviceman

    Total calculated
    $204,379
    From this org
    $160,405
    From related orgs
    $0
    Other
    $43,974
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $160,405
    Bonus
    not reported
    Other
    not reported
    Deferred
    $21,820
    Nontaxable benefits
    $22,154
    Filer's total
    $204,379

  • Whitney Lee Shanholtz

    Area Serviceman

    Total calculated
    $192,913
    From this org
    $162,390
    From related orgs
    $0
    Other
    $30,523
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $162,390
    Bonus
    not reported
    Other
    not reported
    Deferred
    $5,887
    Nontaxable benefits
    $24,636
    Filer's total
    $192,913

  • Rae Payne

    Chairman of the Board

    Total calculated
    $29,100
    From this org
    $29,100
    From related orgs
    $0
    Other
    $0
    Hours/week
    7.33

  • Jerry Starkey

    Director

    Total calculated
    $23,950
    From this org
    $23,950
    From related orgs
    $0
    Other
    $0
    Hours/week
    7.34

  • Peter Borowski

    Secretary-Treasurer

    Total calculated
    $20,550
    From this org
    $20,550
    From related orgs
    $0
    Other
    $0
    Hours/week
    5.36

  • Dennis Fredrickson

    Vice Chairman

    Total calculated
    $19,950
    From this org
    $19,950
    From related orgs
    $0
    Other
    $0
    Hours/week
    7.3

  • Barbara Metzger

    Director

    Total calculated
    $18,900
    From this org
    $18,900
    From related orgs
    $0
    Other
    $0
    Hours/week
    7.65

  • Beth Beachy

    Director

    Total calculated
    $18,650
    From this org
    $18,650
    From related orgs
    $0
    Other
    $0
    Hours/week
    4.08

  • Kay Werts

    Director

    Total calculated
    $18,450
    From this org
    $18,450
    From related orgs
    $0
    Other
    $0
    Hours/week
    8.54

  • Janice Reimer

    Assist Sec-Treasurer

    Total calculated
    $18,300
    From this org
    $18,300
    From related orgs
    $0
    Other
    $0
    Hours/week
    5.32

  • Denise Mayes

    Director

    Total calculated
    $14,250
    From this org
    $14,250
    From related orgs
    $0
    Other
    $0
    Hours/week
    3.52

  • Terry Longman

    Director

    Total calculated
    $12,750
    From this org
    $12,750
    From related orgs
    $0
    Other
    $0
    Hours/week
    3.61

  • Frank Koblisek

    Director

    Total calculated
    $12,600
    From this org
    $12,600
    From related orgs
    $0
    Other
    $0
    Hours/week
    3.62

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $88,250,529
    Expenses
    $88,250,529
    Contributions
    $0
    Grants paid
    $14,750
  • 2023
    Revenue
    $91,331,713
    Expenses
    $91,331,713
    Contributions
    $0
    Grants paid
    $19,500
  • 2022
    Revenue
    $84,053,489
    Expenses
    $84,053,489
    Contributions
    $0
    Grants paid
    $5,625

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Grants made

Where these grants went next →

Grants received

No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Declared as related by

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Not present in the most recent drop.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.