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  3. Corn Belt Power Cooperative
EIN 42-0655796

Corn Belt Power Cooperative

IRS 501(c) type
501(c)(12)
Num. employees
93
City
Humboldt
State
Iowa
Year formed
1947
Most recent tax filings
2022-12-01
NTEE code, primary
W80: Public Utilities
Description
Corn Belt Power Cooperative generates and transmits electrical energy to its 9 member rural service cooperatives and one member municipal electrical cooperative. Enhancing the quality of life for its members, employees, and communities is also part of its mission. All of its activities are essential to the entire process of generating and transmitting electrical energy. The company is located in Humboldt, IA.
Total revenues
$168,893,187
2022
Total expenses
$167,570,093
2022
Total assets
$515,608,745
2022
Num. employees
93
2022

Program areas at Corn Belt Power Cooperative

Each activity is part of the whole process of generating and transmitting electrical energy to our 9 member rural service cooperatives and our one member municipal electrical cooperative.

Personnel at Corn Belt Power Cooperative

NameTitleCompensation
Jon BehounekChief System Operator$119,457
Karen BerteVice President of Finance and Administration$217,165
Brittany DickeyVice President Business Development$139,429
Kevin W BornhoftVice President Engineering and System Operations$200,251
Kenneth H KuyperExecutive Vice President and General Manager$354,038
...and 14 more key personnel

Financials for Corn Belt Power Cooperative

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$167,546,382
Investment income and dividends$350,347
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$4,635
Net gain from sale of non-inventory assets$991,391
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$432
Total revenues$168,893,187

Form 990s for Corn Belt Power Cooperative

Fiscal year endingDate received by IRSFormPDF link
2022-122023-03-31990View PDF
2021-122022-04-29990View PDF
2020-122021-04-30990View PDF
2019-122021-05-05990OView PDF
2018-122019-07-23990OView PDF
...and 9 more Form 990s

Organizations like Corn Belt Power Cooperative

OrganizationLocationRevenue
Pearl River Valley Electric Power AssociationColumbia, MS$139,698,915
Lumbee River Electric Membership CorporationPembroke, NC$152,496,016
Johnson County Rural Electric Membership Corporation (JCREMC)Franklin, IN$70,521,868
Carroll Electric Cooperative CorporationBerryville, AR$275,207,800
East River Electric Power CooperativeMadison, SD$335,441,988
Citizens Electric CorporationPerryville, MO$155,506,076
West Kentucky Rural Electric Cooperative CorporationMayfield, KY$101,104,837
Southwest Arkansas Electric Cooperative CorporationTexarkana, TX$67,125,073
South Central Power CompanyLancaster, OH$369,451,843
Tri-County Electric CooperativeHooker, OK$111,738,263
Data update history
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 15, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 13, 2023
Updated personnel
Identified 4 new personnel
June 10, 2023
Used new vendors
Identified 1 new vendor, including
May 27, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Public utilitiesPublic sector nonprofits
Issues
Public policy
Characteristics
Receives government fundingManagement and technical assistance
General information
Address
PO Box 508
Humboldt, IA 50548
County
Humboldt County, IA
Website URL
cbpower.coop/ 
Phone
(515) 332-2571
IRS details
EIN
42-0655796
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1947
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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