Mission
To enhance the quality of life for our members, employees and communities.
Executive compensation, broken down
Form 990 · Schedule J · 23 reported individuals · Filing year 2024
Executive VP and General Manager
executive vice president
$346k
$372k
- Base
- $278k
- Bonus
- —
- Other
- $2k
- Benefits
- $31k
VP Engineering and System Operations
vice president
$311k
$334k
- Base
- $153k
- Bonus
- —
- Other
- $12k
- Benefits
- $32k
Executive VP and General Manager
executive vice president
$292k
$314k
- Base
- $208k
- Bonus
- —
- Other
- $27k
- Benefits
- $6k
Plant Manager
highest compensated employee
$276k
$297k
- Base
- $153k
- Bonus
- —
- Other
- $15k
- Benefits
- $30k
VP Power Supply
vice president
$270k
$291k
- Base
- $173k
- Bonus
- —
- Other
- $30k
- Benefits
- $25k
VP Corporate Relations
vice president
$258k
$277k
- Base
- $189k
- Bonus
- —
- Other
- $14k
- Benefits
- $32k
Sr VP Finance and Administration
vice president
$257k
$276k
- Base
- $135k
- Bonus
- —
- Other
- $25k
- Benefits
- $17k
Compliance Director
highest compensated employee
$223k
$240k
- Base
- $147k
- Bonus
- —
- Other
- $2k
- Benefits
- $34k
VP Business Development
vice president
$214k
$230k
- Base
- $174k
- Bonus
- —
- Other
- $3k
- Benefits
- $4k
Row & Construction Superintendent
highest compensated employee
$211k
$226k
- Base
- $133k
- Bonus
- —
- Other
- $9k
- Benefits
- $32k
Communications Superintendent
highest compensated employee
$183k
$197k
- Base
- $125k
- Bonus
- —
- Other
- $13k
- Benefits
- $15k
VP Finance and Administration
vice president
$168k
$180k
- Base
- $120k
- Bonus
- —
- Other
- $7k
- Benefits
- $21k
Chief System Operator
highest compensated employee
$154k
$166k
- Base
- $134k
- Bonus
- —
- Other
- $4k
- Benefits
- $2k
Sr Vp, Engineering
vice president
$97k
$104k
- Base
- $95k
- Bonus
- —
- Other
- $8k
- Benefits
- $8k
President
$22k
$24k
Director
board member
$20k
$22k
Vice President
vice president
$18k
$19k
Treasurer
officer (unspecified)
$17k
$19k
Director
board member
$17k
$18k
Director
board member
$16k
$17k
Secretary
officer (unspecified)
$15k
$17k
Asst Secretary/treasurer
officer (unspecified)
$15k
$16k
Director
board member
$11k
$11k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Executive VP and General Manager executive vice president | $278k | — | $2k | $31k | $346k $372k |
VP Engineering and System Operations vice president | $153k | — | $12k | $32k | $311k $334k |
Executive VP and General Manager executive vice president | $208k | — | $27k | $6k | $292k $314k |
Plant Manager highest compensated employee | $153k | — | $15k | $30k | $276k $297k |
VP Power Supply vice president | $173k | — | $30k | $25k | $270k $291k |
VP Corporate Relations vice president | $189k | — | $14k | $32k | $258k $277k |
Sr VP Finance and Administration vice president | $135k | — | $25k | $17k | $257k $276k |
Compliance Director highest compensated employee | $147k | — | $2k | $34k | $223k $240k |
VP Business Development vice president | $174k | — | $3k | $4k | $214k $230k |
Row & Construction Superintendent highest compensated employee | $133k | — | $9k | $32k | $211k $226k |
Communications Superintendent highest compensated employee | $125k | — | $13k | $15k | $183k $197k |
VP Finance and Administration vice president | $120k | — | $7k | $21k | $168k $180k |
Chief System Operator highest compensated employee | $134k | — | $4k | $2k | $154k $166k |
Sr Vp, Engineering vice president | $95k | — | $8k | $8k | $97k $104k |
President | — | — | — | — | $22k $24k |
Director board member | — | — | — | — | $20k $22k |
Vice President vice president | — | — | — | — | $18k $19k |
Treasurer officer (unspecified) | — | — | — | — | $17k $19k |
Director board member | — | — | — | — | $17k $18k |
Director board member | — | — | — | — | $16k $17k |
Secretary officer (unspecified) | — | — | — | — | $15k $17k |
Asst Secretary/treasurer officer (unspecified) | — | — | — | — | $15k $16k |
Director board member | — | — | — | — | $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
$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.
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.
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