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Filing year 2024

CORN BELT POWER COOPERATIVE

Humboldt, Iowa·EIN 42-0655796·501(c)(12)
Total revenue
$171.6M
Total assets
$570.1M
Total expenses
$168.9M
Reported officers
23
Mission

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

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 23 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Executive VP and General Manager
Executive Vice President
75th to 90th percentile
$346k
$372k
Base
$278k
Bonus
Other
$2k
Benefits
$31k
VP Engineering and System Operations
Vice President
Above 90th percentile
$311k
$334k
Base
$153k
Bonus
Other
$12k
Benefits
$32k
Executive VP and General Manager
Executive Vice President
Median to 75th percentile
$292k
$314k
Base
$208k
Bonus
Other
$27k
Benefits
$6k
Plant Manager
Highest Compensated Employee
75th to 90th percentile
$276k
$297k
Base
$153k
Bonus
Other
$15k
Benefits
$30k
VP Power Supply
Vice President
Above 90th percentile
$270k
$291k
Base
$173k
Bonus
Other
$30k
Benefits
$25k
VP Corporate Relations
Vice President
Above 90th percentile
$258k
$277k
Base
$189k
Bonus
Other
$14k
Benefits
$32k
Sr VP Finance and Administration
Vice President
Above 90th percentile
$257k
$276k
Base
$135k
Bonus
Other
$25k
Benefits
$17k
Compliance Director
Highest Compensated Employee
Median to 75th percentile
$223k
$240k
Base
$147k
Bonus
Other
$2k
Benefits
$34k
VP Business Development
Vice President
75th to 90th percentile
$214k
$230k
Base
$174k
Bonus
Other
$3k
Benefits
$4k
Row & Construction Superintendent
Highest Compensated Employee
Median to 75th percentile
$211k
$226k
Base
$133k
Bonus
Other
$9k
Benefits
$32k
Communications Superintendent
Highest Compensated Employee
Median to 75th percentile
$183k
$197k
Base
$125k
Bonus
Other
$13k
Benefits
$15k
VP Finance and Administration
Vice President
75th to 90th percentile
$168k
$180k
Base
$120k
Bonus
Other
$7k
Benefits
$21k
Chief System Operator
Highest Compensated Employee
25th percentile to median
$154k
$166k
Base
$134k
Bonus
Other
$4k
Benefits
$2k
Sr Vp, Engineering
Vice President
Median to 75th percentile
$97k
$104k
Base
$95k
Bonus
Other
$8k
Benefits
$8k
President
10th to 25th percentile
$22k
$24k
Director
Board Member
Median to 75th percentile
$20k
$22k
Vice President
25th percentile to median
$18k
$19k
Treasurer
Officer (Unspecified)
$17k
$19k
Director
Board Member
Median to 75th percentile
$17k
$18k
Director
Board Member
25th percentile to median
$16k
$17k
Secretary
Officer (Unspecified)
$15k
$17k
Asst Secretary/treasurer
Officer (Unspecified)
$15k
$16k
Director
Board Member
25th percentile to median
$11k
$11k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Down 37%
from 2023

From $553k in 2023 to $346k in 2024.

$553k
2023
$346k
2024
In today's dollarsEst.
Down 39% in real terms$611k to $372k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Executive Vice President pay fell 37% from 2023 to 2024, while revenue fell 1%.

$553k in 2023 to $346k in 2024.
  • Vice President pay fell 40% from 2023 to 2024.
  • Highest Compensated Employee pay fell 16% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

CORN BELT POWER COOPERATIVE reported revenue and expenses across 2 filing years.

RevenueExpenses
$172.6M
$171.2M
2023
$171.6M
$168.9M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about CORN BELT POWER COOPERATIVE

What does the Executive Vice President of CORN BELT POWER COOPERATIVE earn?

In 2024, the Executive Vice President of CORN BELT POWER COOPERATIVE received $345,891 in total compensation. This pay is in the top quarter for Executive Vice President roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Executive Vice President pay at CORN BELT POWER COOPERATIVE compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Executive Vice President at CORN BELT POWER COOPERATIVE falls between the 75th and 90th percentiles.

What are CORN BELT POWER COOPERATIVE's revenue and expenses?

In 2024, CORN BELT POWER COOPERATIVE reported $171.6M in total revenue and $168.9M in total expenses on its IRS Form 990.

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