Public Charity

Corn Belt Energy Corporation

Corn Belt Energy Corporation is a private foundation categorized as Public Charity based in Bloomington, IL. Its most recent IRS filing (2024) reports revenue of $88.3M, expenses of $88.3M, total assets of $240.9M. Imperigo tracks 3 reported grants from this foundation totaling approximately $22K.

EIN: 370228808 Bloomington, IL Latest filing: 2024
Total Revenue$88.3M
Total Expenses$88.3M
Total Assets$240.9M
Grants Given3
Grant Total$22K
Filing Years2020–2024

Mission

To enhance the quality of life of our members and support the communities we serve by cooperatively providing reasonably priced energy with exceptional service.

Where $100 goes at Corn Belt Energy Corporation

How Corn Belt Energy Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$100 Programs the work itself
<$1 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $100 for programs

$100
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…
All program spending · Reported in the filing: 35,000 homes
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Director Barbara Metzger
Director Beth Beachy
Construction Foreman Brian Felker
Journeyman Chris Burnett
Director Denise Mayes
Vice Chairman Dennis Fredrickson

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$21,875 3 grants

Financial Trends

Year Revenue Expenses Assets
2024 $88.3M $88.3M $240.9M
2023 $91.3M $91.3M $224.1M
2022 $84.1M $84.1M $222.5M
2021 $84.3M $82.0M $225.3M
2020 $80.8M $80.8M $225.4M

Between 2020 and 2024, reported annual revenue grew from $80.8M to $88.3M (+9%), with total assets most recently reported at $240.9M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in IL.

IL

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for Corn Belt Energy Corporation

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