EIN 37-0228808

Corn Belt Energy Corporation

IRS 501(c) type
501(c)(12)
Num. employees
88
Year formed
1938
Most recent tax filings
2022-12-01
NTEE code, primary
Description
Corn Belt Energy Corporation provides electric services to over 35,000 homes and businesses throughout 18 counties in central Illinois including bureau, champaign, de witt, ford, henry, kendall, knox, la salle, livingston, logan, macon, marshall, mclean, piatt, putnam, stark and tazewell. Its mission is to enhance the quality of life of its members and support the communities it serves by cooperatively providing reasonably priced energy with exceptional service.
Also known as...
Corn Belt Electric Cooperative
Total revenues
$84,053,489
2022
Total expenses
$84,053,489
2022
Total assets
$222,517,545
2022
Num. employees
88
2022

Program areas at Corn Belt Energy Corporation

Provide electric services to over 35,000 homes and businesses throughout 18 counties in central Illinois including bureau, champaign, de witt, ford, henry, kendall, knox, la salle, livingston, logan, macon, marshall, mclean, piatt, putnam, stark, tazewell, and woodford counties.

Grants made by Corn Belt Energy Corporation

GranteeGrant descriptionAmount
United Way of Mclean CountyDonation$5,625

Personnel at Corn Belt Energy Corporation

NameTitleCompensation
Leonard Joe PriestleyVice President Utility Services$189,980
Don TaylorPresident$434,645
Greg YakleManager of Engin$154,978
Norm DunlopManager of Construction and Main$133,494
Mike NelsonNorthern Region Manager$136,973
...and 5 more key personnel

Financials for Corn Belt Energy Corporation

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$84,000,367
Investment income and dividends$215,719
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$51,697
Net gain from sale of non-inventory assets$-234,578
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$20,284
Total revenues$84,053,489

Form 990s for Corn Belt Energy Corporation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-09-29990View PDF
2021-122022-09-07990View PDF
2020-122021-09-10990OView PDF
2019-122021-06-07990View PDF
2018-122020-01-13990View PDF
...and 9 more Form 990s

Organizations like Corn Belt Energy Corporation

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Southern Montana Electric G and T CooperativeBillings, MT$21,696,842
Barrow Utilities and Electric CoopBarrow, AK$30,787,338
Grady Electric Membership CorporationCairo, GA$52,006,596
Central Iowa Power CooperativeCedar Rapids, IA$219,280,606
Tri-County Electric CooperativeMount Vernon, IL$49,138,057
M J M Electric CooperativeCarlinville, IL$22,406,705
Kiamichi Electric Cooperative (KEC)Wilburton, OK$54,444,719
High Plains PowerRiverton, WY$80,362,207
Iowa Lakes Electric CooperativeEstherville, IA$73,260,940
Claverack Rural Electric CooperativeWysox, PA$25,825,305
Data update history
March 17, 2024
Updated personnel
Identified 1 new personnel
November 30, 2023
Posted financials
Added Form 990 for fiscal year 2022
November 29, 2023
Updated personnel
Identified 1 new personnel
November 26, 2023
Used new vendors
Identified 3 new vendors, including , , and
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Public utilitiesPublic sector nonprofits
Issues
No issues found
Characteristics
State / local level
General information
Address
1 Energy Way
Bloomington, IL 61705
Metro area
Bloomington, IL
County
McLean County, IL
Website URL
cornbeltenergy.com/ 
Phone
(309) 662-5330
IRS details
EIN
37-0228808
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1938
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W80: Public Utilities
NAICS code, primary
2211: Electric Power Generation, Transmission, and Distribution Establishments
Parent/child status
Independent
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