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Corn Belt Power Cooperative

Organization summary

Type of Nonprofit

Designated as a Benevolent life insurance associations, irrigation companies, telephone companies, etc., which have a mutually beneficial nature.

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$173M (2023)

Expenses
$171M (2023)

Total Assets
$542M (2023)

Total Liabilities
$346M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings and Audits by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Audits are required to be submitted by nonprofit organizations that spend $750,000 or more in federal grant money in a fiscal year. "Single audits" look at the entire organization's finances and compliance, while other audits are program specific. Nonprofit Explorer has PDFs of audits for some nonprofits for fiscal year 2015 and later. Audit data is from the Federal Audit Clearinghouse.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$172,579,186
Expenses
$171,220,431
Net Income
$1,358,755
Net Assets
$196,322,302
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $170,890,790
99.0%
Investment Income $598,315
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $5,095
0.0%
Net Fundraising $0
Sales of Assets $1,084,554
0.6%
Net Inventory Sales $0
Other Revenue $432
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $1,962,463
1.1%
Professional Fundraising Fees $0
Other Salaries and Wages $5,548,859
3.2%
Assets/Debt
Total Assets $542,332,165
Total Liabilities $346,009,863
Net Assets $196,322,302
Club or Co-Op Income
Income From Members $153,078,435
Income From Other Sources $3,095,101
Compensation
Key Employees and Officers Compensation Related Other
Kenneth H Kuyper (Executive Vp And General Manager) $377,775 $0 $175,414
Karen K Berte (Sr Vp Finance And Administration) $229,344 $0 $83,274
Kevin W Bornhoft (Vp Engineering And System Operations) $210,413 $0 $308,131
Jacob Olberding (Vp Power Supply) $207,141 $0 $195,035
Ryan Cornelius (Vp Corporate Relations) $187,267 $0 $226,239
Patrick Connor (Plant Manager) $161,656 $0 $165,365
Brittany Dickey (Vp Business Development) $156,958 $0 $133,442
Larry Brusseau (Compliance Director) $144,318 $0 $97,642
Daniel Shiflett (Row & Construction Superintendent) $135,565 $0 $89,451
Michael Finnegan (System Electrical Supt) $127,436 $0 $177,680
Jeremy Stattelman (Transmission Superintendent) $126,979 $0 $150,356
David Onken (President) $30,875 $0 $0
Steve Boedecker (Director) $21,600 $0 $0
Dale Schaefer (Vice President) $20,750 $0 $0
Brad Honold (Director) $19,400 $0 $0
Larry Rohach (Treasurer) $18,400 $0 $0
Rick Thompson (Director) $15,200 $0 $0
Gary Poppe (Asst Secretary/Treasurer) $12,600 $0 $0
Ted Hall (Director) $12,200 $0 $0
Jerry Beck (Secretary) $10,000 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$168,893,187
Expenses
$167,570,093
Net Income
$1,323,094
Net Assets
$185,039,781
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $167,546,382
99.2%
Investment Income $350,347
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $4,635
0.0%
Net Fundraising $0
Sales of Assets $991,391
0.6%
Net Inventory Sales $0
Other Revenue $432
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $1,840,582
1.1%
Professional Fundraising Fees $0
Other Salaries and Wages $5,606,416
3.3%
Assets/Debt
Total Assets $515,608,745
Total Liabilities $330,568,964
Net Assets $185,039,781
Club or Co-Op Income
Income From Members $151,918,208
Income From Other Sources $1,992,151
Compensation
Key Employees and Officers Compensation Related Other
Kenneth H Kuyper (Executive Vp And General Manager) $354,038 $0 $150,836
Karen K Berte (Sr Vp Finance And Administration) $217,165 $0 $300,989
Kevin W Bornhoft (Vp Engineering And System Operations) $200,251 $0 $282,764
Jacob Olberding (Vp Power Supply) $195,429 $0 $171,149
Ryan Cornelius (Vp Corporate Relations) $171,985 $0 $191,521
Patrick Connor (Plant Manager) $155,918 $0 $148,043
Larry Brusseau (Compliance Director) $140,572 $0 $89,589
Brittany Dickey (Vp Business Development) $139,429 $0 $11,031
Daniel Shiflett (Row & Construction Superintendent) $123,251 $0 $167,779
Jon Behounek (Chief System Operator) $119,457 $0 $22,693
David Onken (President) $27,875 $0 $0
Dale Schaefer (Vice President) $18,895 $0 $0
Brad Honold (Director) $14,525 $0 $0
Gary Poppe (Director) $13,900 $0 $0
Larry Rohach (Treasurer) $13,750 $0 $0
Ted Hall (Director) $11,150 $0 $0
Jerry Beck (Secretary) $10,450 $0 $0
La Verne Arndt (Director) $9,900 $0 $0
Rick Thompson (Director) $5,250 $0 $0
Charles Gilbert (Director) $2,750 $0 $0
Steve Boedecker (Director) $1,400 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$160,842,985
Expenses
$159,503,641
Net Income
$1,339,344
Net Assets
$166,260,033
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $159,229,741
99.0%
Investment Income $296,445
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $1,316,367
0.8%
Net Inventory Sales $0
Other Revenue $432
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $2,008,478
1.3%
Professional Fundraising Fees $0
Other Salaries and Wages $4,746,098
3.0%
Assets/Debt
Total Assets $481,545,574
Total Liabilities $315,285,541
Net Assets $166,260,033
Club or Co-Op Income
Income From Members $146,802,871
Income From Other Sources $2,332,675
Compensation
Key Employees and Officers Compensation Related Other
Kenneth H Kuyper (Executive Vp And General Manager) $331,772 $0 $126,960
Karen K Berte (Sr Vp Finance And Administration) $208,102 $0 $253,181
James Vermeer (Vp Economic Development) $201,511 $0 $188,832
Kevin W Bornhoft (Vp Engineering And System Operations) $190,244 $0 $192,050
Jacob Olberding (Vp Power Supply) $183,826 $0 $146,578
Ryan Cornelius (Vp Corporate Relations) $157,522 $0 $152,258
Patrick Connor (Plant Manager) $147,134 $0 $121,378
Larry Brusseau (Compliance Director) $134,330 $0 $70,863
Daniel Shiflett (Row & Construction Superintendent) $120,604 $0 $116,465
Jeremy Stattelman (Line Superindentdent) $107,148 $0 $105,247
Tyler Baxter (Engineer Iii) $105,195 $0 $57,818
David Onken (President) $21,700 $0 $0
Jerry Beck (Secretary) $19,300 $0 $0
Dale Schaefer (Vice President) $14,750 $0 $0
Brad Honold (Director) $13,400 $0 $0
Larry Rohach (Treasurer) $13,100 $0 $0
Ted Hall (Director) $10,450 $0 $0
La Verne Arndt (Director) $10,100 $0 $0
Gary Poppe (Director) $10,040 $0 $0
Charles Gilbert (Director) $8,250 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$162,299,808
Expenses
$148,947,263
Net Income
$13,352,545
Net Assets
$161,225,309
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $159,960,898
98.6%
Investment Income $1,940,535
1.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $397,943
0.2%
Net Inventory Sales $0
Other Revenue $432
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $1,108,611
0.7%
Professional Fundraising Fees $0
Other Salaries and Wages $3,101,835
2.1%
Assets/Debt
Total Assets $480,770,132
Total Liabilities $319,544,823
Net Assets $161,225,309
Club or Co-Op Income
Income From Members $146,229,968
Income From Other Sources $3,105,299
Compensation
Key Employees and Officers Compensation Related Other
Kenneth H Kuyper (Executive Vp And General Manager) $317,790 $0 $129,129
Karen K Berte (Sr Vp Finance And Administration) $196,656 $0 $234,418
Kevin W Bornhoft (Vp Engineering And System Operations) $179,816 $0 $176,004
Jacob Olberding (Vp Power Supply) $168,508 $0 $128,085
James Vermeer (Vp Economic Development) $167,777 $0 $165,787
Ryan Cornelius (Vp Corporate Relations) $141,952 $0 $120,759
Patrick Connor (Plant Manager) $140,353 $0 $116,362
Larry Brusseau (Compliance Director) $129,253 $0 $92,991
Daniel Shiflett (Row & Construction Superintendent) $115,064 $0 $109,784
Jeremy Stattelman (Line Superindentdent) $101,521 $0 $94,210
Tyler Baxter (Engineer Iii) $100,026 $0 $28,421
David Onken (President) $17,500 $0 $0
Brad Honold (Director) $14,600 $0 $0
Jerry Beck (Secretary) $13,985 $0 $0
Gary Poppe (Director) $11,935 $0 $0
Larry Rohach (Treasurer) $11,025 $0 $0
Scott Stecher (Ex President Thru 5/18/20) $10,975 $0 $0
La Verne Arndt (Director) $9,075 $0 $0
Dale Schaefer (Vice President) $8,575 $0 $0
Charles Gilbert (Director) $6,950 $0 $0
Ted Hall (Director) $4,475 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$165,398,285
Expenses
$152,679,135
Net Income
$12,719,150
Net Assets
$154,344,524
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $162,486,368
98.2%
Investment Income $2,685,127
1.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $226,358
0.1%
Net Inventory Sales $0
Other Revenue $432
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $1,097,697
0.7%
Professional Fundraising Fees $0
Other Salaries and Wages $4,412,338
2.9%
Assets/Debt
Total Assets $518,922,390
Total Liabilities $364,577,866
Net Assets $154,344,524
Club or Co-Op Income
Income From Members $149,706,965
Income From Other Sources $3,684,565

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$172,265,430
Expenses
$147,415,866
Net Income
$24,849,564
Net Assets
$148,174,731
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $171,249,959
99.4%
Investment Income $768,148
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $245,535
0.1%
Net Inventory Sales $0
Other Revenue $1,788
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $1,214,362
0.8%
Professional Fundraising Fees $0
Other Salaries and Wages $4,563,486
3.1%
Assets/Debt
Total Assets $521,856,773
Total Liabilities $373,682,042
Net Assets $148,174,731
Club or Co-Op Income
Income From Members $170,318,703
Income From Other Sources $1,946,727

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$160,638,826
Expenses
$148,836,215
Net Income
$11,802,611
Net Assets
$135,642,359
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $160,092,662
99.7%
Investment Income $459,772
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $85,960
0.1%
Net Inventory Sales $0
Other Revenue $432
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $1,173,154
0.8%
Professional Fundraising Fees $0
Other Salaries and Wages $4,962,852
3.3%
Assets/Debt
Total Assets $456,449,391
Total Liabilities $320,807,032
Net Assets $135,642,359
Club or Co-Op Income
Income From Members $159,241,027
Income From Other Sources $1,397,799

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$159,143,368
Expenses
$141,110,221
Net Income
$18,033,147
Net Assets
$124,094,985
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $158,734,129
99.7%
Investment Income $352,009
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $57,230
0.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $1,123,049
0.8%
Professional Fundraising Fees $0
Other Salaries and Wages $4,787,702
3.4%
Assets/Debt
Total Assets $458,852,241
Total Liabilities $334,757,256
Net Assets $124,094,985
Club or Co-Op Income
Income From Members $157,792,245
Income From Other Sources $1,351,123

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$135,792,434
Expenses
$129,808,994
Net Income
$5,983,440
Net Assets
$104,248,815
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $134,908,855
99.3%
Investment Income $598,497
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $284,129
0.2%
Net Inventory Sales $0
Other Revenue $953
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $1,082,487
0.8%
Professional Fundraising Fees $0
Other Salaries and Wages $5,760,578
4.4%
Assets/Debt
Total Assets $437,505,036
Total Liabilities $333,256,221
Net Assets $104,248,815
Club or Co-Op Income
Income From Members $131,500,735
Income From Other Sources $4,291,699

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$139,976,923
Expenses
$131,751,364
Net Income
$8,225,559
Net Assets
$105,762,490
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $138,844,922
99.2%
Investment Income $788,018
0.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $343,214
0.2%
Net Inventory Sales $0
Other Revenue $769
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $1,032,278
0.8%
Professional Fundraising Fees $0
Other Salaries and Wages $5,455,894
4.1%
Assets/Debt
Total Assets $445,534,289
Total Liabilities $339,771,799
Net Assets $105,762,490
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$138,840,013
Expenses
$129,507,558
Net Income
$9,332,455
Net Assets
$98,432,673
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $137,893,720
99.3%
Investment Income $609,108
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $336,513
0.2%
Net Inventory Sales $0
Other Revenue $672
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $954,239
0.7%
Professional Fundraising Fees $0
Other Salaries and Wages $4,898,426
3.8%
Assets/Debt
Total Assets $427,731,744
Total Liabilities $329,299,071
Net Assets $98,432,673
Club or Co-Op Income
Income From Members $136,327,199
Income From Other Sources $2,512,814

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$126,955,582
Expenses
$116,408,079
Net Income
$10,547,503
Net Assets
$86,521,759
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $126,401,314
99.6%
Investment Income $525,482
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $26,802
0.0%
Net Inventory Sales $0
Other Revenue $1,984
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $936,135
0.8%
Professional Fundraising Fees $0
Other Salaries and Wages $3,841,636
3.3%
Assets/Debt
Total Assets $386,207,618
Total Liabilities $299,685,859
Net Assets $86,521,759
Club or Co-Op Income
Income From Members $125,009,616
Income From Other Sources $1,945,966

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$117,345,631
Expenses
$109,237,480
Net Income
$8,108,151
Net Assets
$74,273,579
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $116,895,708
99.6%
Investment Income $495,526
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$50,234
Net Inventory Sales $0
Other Revenue $4,631
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $900,810
0.8%
Professional Fundraising Fees $0
Other Salaries and Wages $1,656,849
1.5%
Assets/Debt
Total Assets $345,750,315
Total Liabilities $271,476,736
Net Assets $74,273,579
Club or Co-Op Income
Income From Members $115,425,416
Income From Other Sources $1,920,215

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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