KANKAKEE VALLEY RURAL ELECTRIC MEMBERSHIP CORPORATION

EIN: 350431792

WANATAH, IN

Total Revenue
$48,630,284
Total Expenses
$44,302,796
Total Assets
$121,573,567
Net Assets
$60,925,505
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1939
Legal Domicile
IN
Principal Officer
SCOTT A SEARS
Phone
2197332511
Tax Period
2025-01-01 to 2025-12-31

KANKAKEE VALLEY RURAL ELECTRIC MEMBERSHIP CORPORATION, founded in 1939, is a mid-sized nonprofit that reported $48.6M in total revenue in fiscal year 2025. Expenses of $44.3M left a modest 9% surplus.

Mission

DISTRIBUTION OF ELECTRICITY TO RURAL CUSTOMERS.

Program Service Accomplishments

Program 1
Expenses: $44,302,796 Revenue: $48,299,974

DISTRIBUTION OF ELECTRICITY TO RURAL CUSTOMERS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $45,937,055
Investment Income $258,840
Other Revenue $2,434,389
TOTAL REVENUE $48,630,284

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,516,489
Fundraising Expenses $0
Program Expenses $44,302,796
Other Expenses $42,786,307
TOTAL EXPENSES $44,302,796

Year-over-Year Comparison

2025 2024 Change
Revenue $48,630,284 $47,042,944 +0.0%
Expenses $44,302,796 $43,455,176 +0.0%
Net Income $4,327,488 $3,587,768 +0.2%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✓ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
7
Employees
57
Volunteers
N/A

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$468,691
Total Directors
7
$114,500
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRISTIAN BIRKY DIRECTOR 3.33
Director
$14,500 $0 $14,500
DAVID JANNEY PRESIDENT 6.31
Officer Director
$16,500 $0 $16,500
DEAN MORETTON DIRECTOR 4.66
Director
$19,000 $0 $19,000
MICHAEL YANKAUSKAS VICE-PRESIDENT 7.73
Officer Director
$19,500 $0 $19,500
RUSSELL GUSE DIRECTOR 1.14
Director
$16,000 $0 $16,000
WILLIAM BOHLING SECRETARY 5.11
Officer Director
$14,500 $0 $14,500
KATRINA HARPER DIRECTOR 3.13
Director
$14,500 $0 $14,500
SCOTT SEARS CEO 40.00
Officer
$250,066 $168,125 $418,191
SCOTT HANSON DIRECTOR OF OPERATIONS 40.00
Highest
$158,313 $44,716 $203,029
BRITTANY TRAVIS DIRECTOR OF ENGINEERING 40.00
Highest
$158,498 $19,008 $177,506
JASON HUGHES JOURNEYMAN LINEMAN 47.60
Highest
$141,093 $45,328 $186,421
BRANDON SUTTER IT SYSTEMS SUPERVISOR 45.00
Highest
$158,337 $42,521 $200,858
ANDREW NORRIS JOURNEYMAN LINEMAN 46.40
Highest
$131,926 $20,280 $152,206
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $48,630,284 $44,302,796 $121,573,567 $4,327,488
2024 No data No data No data No data
2023 $43,530,628 $40,803,340 $103,833,079 $2,727,288
2022 $41,267,905 $39,369,908 $92,935,164 $1,897,997
2021 $40,240,258 $36,819,114 $81,950,710 $3,421,144
2020 $39,130,098 $35,840,749 $74,486,415 $3,289,349
2019 $38,355,621 $34,738,051 $70,090,165 $3,617,570
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