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CORN BELT POWER COOPERATIVE
CORN BELT POWER COOPERATIVE
IA · EIN 420655796
34
Executives Disclosed
$171.6M
Annual Revenue
$570.1M
Total Assets
2:1
Internal Pay Ratio
CORN BELT POWER COOPERATIVE has 34 executives with disclosed compensation. The highest-paid executive, Kenneth H Kuyper (Executive VP and General Manager), received peak total compensation of $553,189.
Top Executive Compensation Over Time
Executive Compensation
| Name | Title | Peak Comp. | Latest Comp. | Years | vs. Household |
|---|---|---|---|---|---|
| Kenneth H Kuyper | Executive VP and General Manager | $553K | $557K | 2020–2023 | 7.4x |
| Kevin W Bornhoft | VP Engineering and System Operations | $519K | $521K | 2020–2023 | 6.9x |
| Karen K Berte | Sr VP Finance and Administration | $518K | $315K | 2020–2023 | 6.9x |
| Ryan Cornelius | VP Corporate Relations | $414K | $260K | 2020–2024 | 5.5x |
| Jacob Olberding | VP Power Supply | $402K | $404K | 2020–2023 | 5.4x |
| James Vermeer | VP Economic Development | $390K | $392K | 2020–2021 | 5.2x |
| Jacob Olberding Eff April 24 | Executive VP and General Manager | $346K | $348K | 2024–2024 | 4.6x |
| Patrick Connor | Plant Manager | $327K | $278K | 2020–2024 | 4.4x |
| Michael Finnegan Eff March 24 | VP Engineering and System Operations | $311K | $312K | 2024–2024 | 4.1x |
| Michael Finnegan | System Electrical Supt | $305K | $307K | 2023–2023 | 4.1x |
| Kenneth H Kuyper Retired April 24 | Executive VP and General Manager | $292K | $315K | 2024–2024 | 3.9x |
| Daniel Shiflett | ROW & Construction Superintendent | $291K | $212K | 2020–2024 | 3.9x |
| Brittany Dickey | VP Business Development | $290K | $216K | 2022–2024 | 3.9x |
| Jeremy Stattelman | Transmission Superintendent | $277K | $279K | 2020–2023 | 3.7x |
| Michael Thatcher | VP Power Supply | $270K | $272K | 2024–2024 | 3.6x |
| Karen K Berte Retired June 24 | Sr VP Finance and Administration | $257K | $258K | 2024–2024 | 3.4x |
| Larry Brusseau | Compliance Director | $242K | $225K | 2020–2024 | 3.2x |
| Brad Hill | Communications Superintendent | $183K | $185K | 2024–2024 | 2.4x |
| Faith Warden Eff June 24 | VP Finance and Administration | $168K | $169K | 2024–2024 | 2.2x |
| Tyler Baxter | Engineer III | $163K | $164K | 2020–2021 | 2.2x |
| Jon Behounek | Chief System Operator | $154K | $156K | 2022–2024 | 2.1x |
| Kevin Bornhoft Retired March 24 | SR VP, Engineering | $97K | $112K | 2024–2024 | 1.3x |
| David Onken | President | $31K | $0 | 2020–2024 | 0.4x |
| Steve Boedecker | Director | $22K | $0 | 2022–2024 | 0.3x |
| Dale Schaefer | Vice President | $21K | $0 | 2020–2024 | 0.3x |
| Brad Honold | Director | $20K | $0 | 2020–2024 | 0.3x |
| Jerry Beck | Secretary | $19K | $0 | 2020–2024 | 0.3x |
| Larry Rohach | Treasurer | $18K | $0 | 2020–2024 | 0.2x |
| Rick Thompson | Director | $16K | $0 | 2022–2024 | 0.2x |
| Gary Poppe | Asst Secretary/Treasurer | $15K | $0 | 2020–2024 | 0.2x |
| Ted Hall | Director | $12K | $0 | 2020–2024 | 0.2x |
| Scott Stecher | Ex President thru 5/18/20 | $11K | $0 | 2020–2020 | 0.1x |
| Laverne Arndt | Director | $10K | $0 | 2020–2022 | 0.1x |
| Charles Gilbert | Director | $8K | $0 | 2020–2022 | 0.1x |
Annual Summary
| Year | Executives | Avg. Comp. | Highest Comp. | Total Payroll |
|---|---|---|---|---|
| 2020 | 21 | $305K | $450K | $3.0M |
| 2021 | 20 | $313K | $464K | $3.4M |
| 2022 | 21 | $337K | $521K | $3.4M |
| 2023 | 20 | $353K | $557K | $3.9M |
| 2024 | 23 | $237K | $348K | $3.3M |