Kankakee Valley Rural Electric Membership Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 11,391,616 | 10,292,569 | 1,099,047 | 37.6 | 23% |
| 2012 | 12,223,375 | 10,367,945 | 1,855,430 | 39.7 | 22% |
| 2013 | 12,977,058 | 10,368,893 | 2,608,165 | 42.8 | 21% |
| 2014 | 14,453,654 | 11,203,664 | 3,249,990 | 43.1 | 19% |
| 2015 | 12,577,639 | 11,389,021 | 1,188,618 | 43.6 | 18% |
| 2016 | 15,297,977 | 12,603,927 | 2,694,050 | 42.0 | 22% |
| 2017 | 14,375,022 | 13,076,762 | 1,298,260 | 41.7 | 24% |
| 2018 | 11,329,642 | 12,336,370 | −1,006,728 | 43.2 | 27% |
| 2019 | 38,355,621 | 34,738,051 | 3,617,570 | 16.5 | 1% |
| 2020 | 39,130,098 | 35,840,749 | 3,289,349 | 17.0 | 0% |
| 2021 | 40,240,258 | 36,819,114 | 3,421,144 | 17.3 | 0% |
| 2022 | 41,267,905 | 39,369,908 | 1,897,997 | 16.7 | 0% |
| 2023 | 43,530,628 | 40,803,340 | 2,727,288 | 16.4 | 0% |
In its most recent public year (2023), this organization brought in $2,727,288 more than it spent. Its reserves stood at about 16.4 months of spending, down from 37.6 in 2011. Staff pay was 0% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Kankakee Valley Rural Electric Membership Corporation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works