2018-09-30T13:36:36-07:00 2017-12-31 Kevin S Kelso CPA PC PA 6700 Squibb Rd Ste 215 Mission KS 66202 990 2017-01-01 370228808 CORN BELT ENERGY CORPORATION CORN 3096625330 ONE ENERGY WAY BLOOMINGTON IL 617056356 DON TAYLOR PRESIDENT 3096625330 2018-09-30 true DAREL W PACKARD CPA P00424609 9138311150 2018-09-30 2017 2022-09-23 18:48:47Z DON TAYLOR 1 ENERGY WAY BLOOMINGTON IL 617056356 81411841 false X https://www.cornbeltenergy.com X 1938 IL TO ENHANCE THE QUALITY OF LIFE OF OUR MEMBERS AND SUPPORT THE COMMUNITIES WE SERVE, BY COOPERATIVELY PROVIDING REASONABLY PRICED ENERGY WITH EXCEPTIONAL SERVICE. 13 13 101 0 1251071 0 81504183 81088294 92052 177531 2906619 132904 84502854 81398729 9500 0 9617198 4478369 5014775 0 0 72011611 70368171 76499480 85000144 8003374 -3601415 205926416 207746400 106937045 110587902 98989371 97158498 TO ENHANCE THE QUALITY OF LIFE OF OUR MEMBERS AND SUPPORT THE false false PROVIDE ELECTRIC SERVICE TO APPROXIMATELY 35,000 CONSUMERS AND PROVIDE NATURAL GAS SERVICE TO 2,500 MEMBERS. false false false false false false false false false false true false true false true true true false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false 30 0 true 101 true true true false false false false 76605051 3147779 false X 13 13 false false false false true true true true true false false true true true true true true true true false X LYNN OLESON 3096625330 ONE ENERGY WAY BLOOMINGTON IL 61705 RAE PAYNE CHAIRMAN OF THE BOARD 9.26 X 20300 0 0 CHARLES MEISENHEIMER VICE CHAIR 4.56 X 10050 0 0 ALBERT HAGENBUSH SECTRETARY-TREASURER 5.99 X 12950 0 0 JANICE REIMER ASST. SECRETARY-TREASURER 5.18 X 15150 0 0 ROBERT ANGUS DIRECTOR 7.75 X 18300 0 0 GARY ARCHEY DIRECTOR 2.98 X 7700 0 0 DENNIS FREDRICKSON DIRECTOR 10.79 X 17200 0 0 LAVERNE MALONE DIRECTOR 2.06 X 9900 0 0 DENISE MAYES DIRECTOR 2.10 X 6250 0 0 STEPHEN SCHERTZ DIRECTOR 4.62 X 9650 0 0 JESSE SLAGER DIRECTOR 5.38 X 17150 0 0 JERRY STARKEY DIRECTOR 6.82 X 15400 0 0 PETER BOROWSKI DIRECTOR 5.59 X 18650 0 0 DON TAYLOR PRESIDENT 50.00 X 258193 0 140788 LYNN OLESON DIRECTOR OF ACCOUNTING & FINANCE 50.00 X 109658 0 73622 KACY WICKENHAUSER VP OF UTILITY SERVICES 50.00 X 127093 0 42160 STEVE HANCOCK VP OF ELECTRIC DISTRIBUTION 50.00 X 155825 0 61758 BRIAN FELKER UG FOREMAN 53.00 X 147565 0 38718 MARK SCHALEY MAINTENANCE FOREMAN 49.00 X 128145 0 62810 SHANE BOLLHORST MAINTENANCE FOREMAN 49.00 X 128896 0 46693 BRET RICHARDS CONSTRUCTION FOREMAN 47.00 X 129010 0 43360 RYAN CAMPBELL OPERATIONS MANAGER-CENTRAL 50.00 X 129125 0 58111 1492160 568020 9 false true false FOUR SEASONS TREE & LANDSCAPING SERVICE INC 777 N CONVENT ST BOURBONNAIS IL 60914 CONTRACT TREE CREWS 1108407 USIC LOCATING SERVICE INC PO BOX 713359 CINCINNATI OH 45271 LOCATING SERVICE 596736 CHAMPAIGN SIGNAL & LIGHT COMPANY 1414 wEST ANTHONY DRIVE URBANA IL 61802 CONTRACT BORING 446629 PAR ELECTRICAL CONTRACTORS INC 13958 ROBERTO ROAD BLOOMINGTON IL 61705 LINE CONSTRUCTION 203254 MASON EQUIPMENT SERVICES INC 3309 E 25TH ROAD MARSEILLES IL 61341 CONTRACT BORING 130295 7 ELECTRIC REVENUE 221000 77296131 NATURAL GAS SALES 221000 1174211 1174211 CAPITAL CREDITS 221000 2537075 POLE ATTACHMENT RENTAL 221000 50853 50853 OTHER REVENUE 221000 30024 81088294 100055 100055 89972 13112 76860 76860 76860 77476 77476 77476 77476 OTHER MISCELLANEOUS REVENUE 221000 56044 56044 56044 81398729 79996750 1251071 150908 9617198 9617198 1492160 1492160 0 0 3522615 3522615 0 0 4239400 4239400 0 0 5947568 5947568 0 0 COST OF POWER 50271377 50271377 0 0 DISTRIBUTION OPERATIONS 1770788 1770788 0 0 DISTRIBUTION MAINTENANCE 3829016 3829016 0 0 CONSUMER ACCOUNTS 988207 988207 0 0 3321815 3321815 0 0 85000144 85000144 0 0 419354 533025 9814282 9691029 1785873 1719888 6573169 4848042 228929562 65683173 161224922 163246389 26086831 27686000 21985 22027 205926416 207746400 7584447 7363490 1948409 1627683 91207020 95016802 6197169 6579927 106937045 110587902 X 4410455 6180986 94578916 90977512 98989371 97158498 205926416 207746400 X -3601415 1770542 X false true X true false 890247 890247 4901471 1595183 3306288 10697201 8449833 2247368 212440643 55638157 156802486 163246389 SUBORDINATED CERTIFICATES 2422382 C INVESTMENTS IN ASSOCIATED ORGANIZATIONS 21786414 C OTHER INVESTMENTS 2163310 C NON-UTILITY PROPERTY 1313894 C 27686000 POST RETIREMENT BENEFIT OBLIGATION 6579927 6579927 X 81398729 81398729 81398729 85000144 85000144 85000144 Pt X, Line 2 AN EVALUATION OF WHETHER OR NOT IT HAS ANY UNCERTAIN TAX POSITIONS IS DETERMINED ON AN ANNUAL BASIS BY THE COOPERATIVE. WHILE THE COOPERATIVE BELIEVES THEY HAVE ADEQUATELY PROVIDED FOR ALL TAX POSITIONS, AMOUNTS ASSERTED BY TAXING AUTHORITIES COULD BE DIFFERENT THAN THE POSITIONS TAKEN BY THE COOPERATIVE. THE COOPERATIVE RECOGNIZES ANY INTEREST AND PENALTIES ASSESSED BY TAXING AUTHORITIES IN INCOME TAX EXPENSE AND, WITH FEW EXCEPTIONS, ARE NO LONGER SUBJECT TO FEDERAL, STATE, OR LOCAL TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2014. X true true false false false DON TAYLOR 258193 115330 25458 398981 LYNN OLESON 109658 48004 25618 183280 KACY WICKENHAUSER 127093 17529 24632 169254 STEVE HANCOCK 155825 37784 23975 217584 BRIAN FELKER 147565 20709 18009 186283 MARK SCHALEY 128145 35523 27288 190956 SHANE BOLLHORST 128896 20906 25787 175589 BRET RICHARDS 129010 25584 17777 172371 RYAN CAMPBELL 129125 45212 12899 187236 Pt I Line 1a THE COOPERATIVE WILL PAY $10 PER MONTH TOWARD THE COST OF HEALTH CLUB DUES AS PART OF THE WELLNESS PROGRAM. ALL EMPLOYEES ARE ELIGIBLE FOR THIS BENEFIT AND ALL AMOUNTS ARE TAXED AS FRINGE BENEFITS. Pt VI, Line 6 MEMBER OWNED COOPERATIVE. Pt VI, Line 7a ALL BOARD MEMBERS ARE ELECTED BY THE MEMBERSHIP. Pt VI, Line 7b MEMBERS APPROVE ALL BYLAW CHANGES. Pt VI, Line 11b FORM 990 IS REVIEWED BY MANAGEMENT AND THE BOARD, THEN THE BOARD APPROVES BEFORE FILING. Pt VI, Line 12c AN ANNUAL INTERNAL REVIEW IS PERFORMED. Pt VI, Line 15a COMPENSATION FOR TOP OFFICIAL REVIEWED BY BOARD ANNUALLY Pt VI, Line 15b UNDERTAKEN AS PART OF GENERAL REVIEW OF OTHER COOPERATIVE DATA. Pt XI DONATED CAPITAL 6,099 Pt XI UNCLAIMED CAPITAL CREDITS 1,472,061 Pt XI RETIRED CAPITAL CREDITS 292,382 Pt XI TOTAL OTHER CHANGES IN NET ASSETS 1,770,542 Form 990, Part IX, Line 24e CUSTOMER SERVICE 446680. 446680. 0. 0. Form 990, Part IX, Line 24e ADMIN & GENERAL 2869663. 2869663. 0. 0. Form 990, Part IX, Line 24e TAXES 5472. 5472. 0. 0.