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Filing year 2024

KANKAKEE VALLEY RURAL ELECTRIC MEMBERSHIP CORPORATION

Wanatah, Indiana·EIN 35-0431792·501(c)(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 · Part VII & Schedule J · 13 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

CEO
Above 90th percentile
$386k
$415k
Base
$238k
Bonus
Other
Benefits
$29k
Director of Operations
Median to 75th percentile
$193k
$208k
Base
$154k
Bonus
Other
Benefits
$25k
Journeyman Lineman
Highest Compensated Employee
Median to 75th percentile
$178k
$191k
Base
$138k
Bonus
Other
Benefits
$28k
Journeyman Lineman
Highest Compensated Employee
Median to 75th percentile
$171k
$184k
Base
$126k
Bonus
Other
Benefits
$25k
Line Superintendent
Highest Compensated Employee
Median to 75th percentile
$169k
$182k
Base
$130k
Bonus
Other
Benefits
$28k
Director of Engineering
Highest Compensated Employee
25th percentile to median
$162k
$174k
Base
$153k
Bonus
Other
Benefits
$3k
Director
Board Member
Median to 75th percentile
$18k
$20k
Vice-president
10th to 25th percentile
$17k
$18k
President
10th to 25th percentile
$15k
$16k
Secretary
Officer (Unspecified)
$15k
$16k
Director
Board Member
25th percentile to median
$14k
$15k
Director
Board Member
25th percentile to median
$12k
$13k
Director
Board Member
25th percentile to median
$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.

Pay for the position

Chief Executive Officer pay rose 14% from 2023 to 2024, while revenue rose 8%.

$340k in 2023 to $386k in 2024.
  • Chief Operating Officer pay rose 2% from 2023 to 2024.
  • Highest Compensated Employee pay rose 7% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

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.
FAQ

Common questions about KANKAKEE VALLEY RURAL ELECTRIC MEMBERSHIP CORPORATION

What does the Chief Executive Officer of KANKAKEE VALLEY RURAL ELECTRIC MEMBERSHIP CORPORATION earn?

In 2024, the Chief Executive Officer of KANKAKEE VALLEY RURAL ELECTRIC MEMBERSHIP CORPORATION received $385,930 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at KANKAKEE VALLEY RURAL ELECTRIC MEMBERSHIP CORPORATION compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at KANKAKEE VALLEY RURAL ELECTRIC MEMBERSHIP CORPORATION falls in the top 10%.

What are KANKAKEE VALLEY RURAL ELECTRIC MEMBERSHIP CORPORATION's revenue and expenses?

In 2024, KANKAKEE VALLEY RURAL ELECTRIC MEMBERSHIP CORPORATION reported $47M in total revenue and $43.5M in total expenses on its IRS Form 990.

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