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Filing year 2024

KANKAKEE VALLEY RURAL ELECTRIC MEMBERSHIP CORPORATION

Wanatah, Indiana·EIN 35-0431792·12
Total revenue
$47M
Total assets
$114.9M
Total expenses
$43.5M
Reported officers
13
Mission

DISTRIBUTION OF ELECTRICITY TO RURAL CUSTOMERS.

Executive compensation, broken down

Form 990 · Schedule J · 13 reported individuals · Filing year 2024

Base
$238k
Bonus
Other
Benefits
$29k
Director of Operations
$193k
$208k
Base
$154k
Bonus
Other
Benefits
$25k
Journeyman Lineman
highest compensated employee
$178k
$191k
Base
$138k
Bonus
Other
Benefits
$28k
Journeyman Lineman
highest compensated employee
$171k
$184k
Base
$126k
Bonus
Other
Benefits
$25k
Line Superintendent
highest compensated employee
$169k
$182k
Base
$130k
Bonus
Other
Benefits
$28k
Director of Engineering
highest compensated employee
$162k
$174k
Base
$153k
Bonus
Other
Benefits
$3k
Director
board member
$18k
$20k
$17k
$18k
$15k
$16k
Secretary
officer (unspecified)
$15k
$16k
Director
board member
$14k
$15k
Director
board member
$12k
$13k
Director
board member
$12k
$13k

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.

Up 14%
from 2023

From $340k in 2023 to $386k in 2024.

$340k
2023
$386k
2024
In today's dollarsEst.
Up 11% in real terms$375k to $415k

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

KANKAKEE VALLEY RURAL ELECTRIC MEMBERSHIP CORPORATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$43.5M
$40.8M
2023
$47M
$43.5M
2024
Total revenue and total expenses from IRS Form 990 filings.
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