KANKAKEE VALLEY RURAL ELECTRIC MEMBERSHIP CORPORATION: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization: KANKAKEE VALLEY RURAL ELECTRIC MEMBERSHIP CORPORATION (EIN 35-0431792)
Tax period: 2021-01-01 to 2021-12-31
Filed: 2022-09-21
IRS object ID: 202232649349301023
Schema version: 2021v4.2
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule C
Schedule D
Schedule J
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2022-09-21T11:38:36-05:00	ReturnTs
Tax Period End	2021-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	363163136	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	LWG CPAS & ADVISORS	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	1776 N MERIDIAN ST STE 500	AddressLine1Txt
City	INDIANAPOLIS	CityNm
State Abbreviation	IN	StateAbbreviationCd
ZIP	46202	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2021-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	350431792	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	KANKAKEE VALLEY RURAL ELECTRIC	BusinessNameLine1Txt
Business Name Line2	MEMBERSHIP CORPORATION	BusinessNameLine2Txt

Field	Value	IRS element (for citing)
Business Name Control	KANK	BusinessNameControlTxt
Phone	2197332511	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 157	AddressLine1Txt
City	WANATAH	CityNm
State Abbreviation	IN	StateAbbreviationCd
ZIP	463900157	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	SCOTT SEARS	PersonNm
Person Title	CEO	PersonTitleTxt
Phone	2197332511	PhoneNum
Signature	2022-09-16	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	SCOTT	PersonFirstNm
Person Last	SEARS	PersonLastNm

Field	Value	IRS element (for citing)
SSN	999009999	SSN

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	BRIAN D CHERRY	PreparerPersonNm
PTIN	P01355823	PTIN
Phone	3176344747	PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Field	Value	IRS element (for citing)
Trusted Customer	3	TrustedCustomerCd
Authentication Assurance Level	AAL1	AuthenticationAssuranceLevelCd
Identity Assurance Level	IAL1	IdentityAssuranceLevelCd

Field	Value	IRS element (for citing)
Tax	2021	TaxYr
Build TS	2022-09-23 18:48:47Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	SCOTT A SEARS	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 157	AddressLine1Txt
City	WANATAH	CityNm
State Abbreviation	IN	StateAbbreviationCd
ZIP	46390	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$40,240,258	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c	Yes (X)	Organization501cInd
Website Address	WWW.KVREMC.COM	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1939	FormationYr
Legal Domicile State	IN	LegalDomicileStateCd
Activity Or Mission	KANKAKEE VALLEY REMC IS A RURAL ELECTRIC UTILITY SERVING MEMBERS IN PARTS OF SEVEN COUNTIES.	ActivityOrMissionDesc
Voting Members Governing Body	7	VotingMembersGoverningBodyCnt
Voting Members Independent	7	VotingMembersIndependentCnt
Total Employee	57	TotalEmployeeCnt
Total Volunteers	0	TotalVolunteersCnt
Total Gross UBI	-$8,649	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$0	PYContributionsGrantsAmt
CY Contributions Grants	$0	CYContributionsGrantsAmt
PY Program Service Revenue	$36,764,224	PYProgramServiceRevenueAmt
CY Program Service Revenue	$37,443,179	CYProgramServiceRevenueAmt
PY Investment Income	$410,992	PYInvestmentIncomeAmt
CY Investment Income	$273,069	CYInvestmentIncomeAmt
PY Other Revenue	$1,954,882	PYOtherRevenueAmt
CY Other Revenue	$2,524,010	CYOtherRevenueAmt
PY Total Revenue	$39,130,098	PYTotalRevenueAmt
CY Total Revenue	$40,240,258	CYTotalRevenueAmt
PY Grants And Similar Paid	$0	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$0	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$0	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$35,840,749	PYOtherExpensesAmt
CY Other Expenses	$36,819,114	CYOtherExpensesAmt
PY Total Expenses	$35,840,749	PYTotalExpensesAmt
CY Total Expenses	$36,819,114	CYTotalExpensesAmt
PY Revenues Less Expenses	$3,289,349	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$3,421,144	CYRevenuesLessExpensesAmt
Total Assets BOY	$74,486,415	TotalAssetsBOYAmt
Total Assets EOY	$81,950,710	TotalAssetsEOYAmt
Total Liabilities BOY	$23,627,558	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$28,910,466	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$50,858,857	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$53,040,244	NetAssetsOrFundBalancesEOYAmt
Mission	DISTRIBUTION OF ELECTRICITY TO RURAL CUSTOMERS.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$36,819,114	ExpenseAmt
Revenue	$37,443,179	RevenueAmt
Desc	DISTRIBUTION OF ELECTRICITY TO RURAL CUSTOMERS.	Desc
Total Program Service Expenses	$36,819,114	TotalProgramServiceExpensesAmt
Described In Section501c3	0	DescribedInSection501c3Ind
Schedule B Required	0	ScheduleBRequiredInd
Political Campaign Acty	Yes (1)	PoliticalCampaignActyInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Donor Rstr Or Quasi Endowments	0	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	Yes (1)	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (1)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	0	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	0	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	0	GrantsToOrganizationsInd
Grants To Individuals	0	GrantsToIndividualsInd
Schedule J Required	Yes (1)	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	0	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	0	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	Yes (1)	DisregardedEntityInd
Related Entity	0	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	41	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	57	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	Yes (1)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (1)	Form990TFiledInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	0	QuidProQuoContributionsInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Members And Shr Gross Income	$37,443,179	MembersAndShrGrossIncomeAmt
Other Sources Gross Income	$2,860,284	OtherSourcesGrossIncomeAmt
Indoor Tanning Services	0	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	0	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	7	GoverningBodyVotingMembersCnt
Independent Voting Member	7	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	Yes (1)	MembersOrStockholdersInd
Election Of Board Members	Yes (1)	ElectionOfBoardMembersInd
Decisions Subject To Approva	Yes (1)	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (1)	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (1)	CompensationProcessCEOInd
Compensation Process Other	Yes (1)	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	IN	StatesWhereCopyOfReturnIsFldCd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	ANGELA SWANSON	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	2197332511	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 157	AddressLine1Txt
City	WANATAH	CityNm
State Abbreviation	IN	StateAbbreviationCd
ZIP	463900157	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (16 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	Highest Compensated EmployeeHighestCompensatedEmployeeInd
SUSAN BACHERT
BOARD SECRETARY	2.67	Yes (X)	Yes (X)	$6,700	$0	$0
CHRISTIAN BIRKY
DIRECTOR	2.96	Yes (X)		$11,100	$0	$0
KATRINA HARPER
DIRECTOR	4.44	Yes (X)		$3,200	$0	$0
DAVID JANNEY
BOARD VICE PRESIDENT	5.59	Yes (X)		$11,700	$0	$0
DEAN MORETTON
DIRECTOR	4.83	Yes (X)		$8,600	$0	$0
OTTO WERNER
DIRECTOR	3.36	Yes (X)	Yes (X)	$7,600	$0	$0
MICHAEL YANKAUSKAS
BOARD PRESIDENT	3.93	Yes (X)	Yes (X)	$12,900	$0	$0
RUSSELL GUSE
DIRECTOR	2.78	Yes (X)		$12,900	$0	$0
WILLIAM BOHLING
BOARD SECRETARY	9.16	Yes (X)		$3,800	$0	$0
SCOTT SEARS
CEO	48.00		Yes (X)	$179,403	$0	$137,471
JOSH PEPPLE
DIRECTOR OF OPERATIONS	54.00			$127,244	$0	$20,058	Yes (X)
CHRIS FRANK
JOURNEYMAN LINEMAN	46.40			$115,080	$0	$43,072	Yes (X)
JESSE WEBB
JOURNEYMAN LINEMAN	45.70			$112,276	$0	$40,777	Yes (X)
SCOTT SIKORA
JOURNEYMAN LINEMAN	46.60			$113,733	$0	$44,838	Yes (X)
RON PYCH
JOURNEYMAN LINEMAN	45.10			$111,720	$0	$49,792	Yes (X)
JEFFERY NEWBURN
LINE SUPERINTENDENT	48.00			$107,943	$0	$53,254	Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$945,899	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$389,262	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	7	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (1)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
LINETEC SERVICES LLC
19820 NORTH 7TH AVENUE SUITE 120	PHOENIX	AZ	85027	LINE CONTRACTOR	$1,307,535
YATES ENGINEERING SERVICES
2536 W INDUSTRIAL PARK DR 1	BLOOMINGTON	IN	47404	ENGINEERING COSULTANT	$535,683
ALPHA ENGINEERING INC
7760 W NEW YORK STREET	INDIANAPOLIS	IN	46214	ENGINEERING COSULTANT	$517,517
STATEWIDE TREE INC
1142 S 100 E	KNOX	IN	46534	TREE TRIMMING CONTRACTOR	$495,945
TRAFFIC CONTROL COMPANY
601 8TH ST	VALLY PARK	MO	63088	TRAFFIC CONTROL CONTRACTORS	$373,400

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	5	CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp

Field	Value	IRS element (for citing)
Desc	ELECTRIC SALES	Desc
Business	221000	BusinessCd
Total Revenue Column	$37,443,179	TotalRevenueColumnAmt
Related Or Exempt Func Income	$37,443,179	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$37,443,179	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$273,069	TotalRevenueColumnAmt
Exclusion	$273,069	ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	ExclusionExclusionAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
PATRONAGE REVENUE	900000	$1,324,566	$1,324,566
EQUITY EARNINGS OF SUBSIDIARY	900000	$995,569		$995,569
MISC. REVENUE-EXCLUDED-990	221000	$201,733	$201,733

Miscellaneous Revenue MiscellaneousRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$2,142	TotalRevenueColumnAmt
Related Or Exempt Func Income	$10,791	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	-$8,649	UnrelatedBusinessRevenueAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$2,524,010	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$40,240,258	TotalRevenueColumnAmt
Related Or Exempt Func Income	$38,449,539	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	-$8,649	UnrelatedBusinessRevenueAmt
Exclusion	$1,799,368	ExclusionAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$924,122	TotalAmt
Program Services	$924,122	ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$2,417,625	TotalAmt
Program Services	$2,417,625	ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt
PURCHASED POWER	$24,944,579	$24,944,579
OPERATIONS & MAINTENANC	$3,896,133	$3,896,133
GENERAL & ADMINISTRATIV	$2,897,696	$2,897,696
CONSUMER SERVICE	$1,201,439	$1,201,439

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$537,520	TotalAmt
Program Services	$537,520	ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$36,819,114	TotalAmt
Program Services	$36,819,114	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$2,880,144	BOYAmt
EOY	$3,283,224	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$2,791,632	BOYAmt
EOY	$1,534,660	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$2,792,988	BOYAmt
EOY	$3,132,833	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Field	Value	IRS element (for citing)
BOY	$614,089	BOYAmt
EOY	$813,267	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$90,573	BOYAmt
EOY	$88,531	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$92,348,274	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$33,323,993	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$51,526,581	BOYAmt
EOY	$59,024,281	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$11,865,104	BOYAmt
EOY	$12,951,113	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$1,925,304	BOYAmt
EOY	$1,122,801	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$74,486,415	BOYAmt
EOY	$81,950,710	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$3,494,471	BOYAmt
EOY	$3,573,826	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$18,808,486	BOYAmt
EOY	$24,073,203	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$1,324,601	BOYAmt
EOY	$1,263,437	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$23,627,558	BOYAmt
EOY	$28,910,466	EOYAmt

Field	Value	IRS element (for citing)
Org Does Not Follow FASB117	Yes (X)	OrgDoesNotFollowFASB117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

Field	Value	IRS element (for citing)
BOY	$644,205	BOYAmt
EOY	$644,205	EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

Field	Value	IRS element (for citing)
BOY	$50,214,652	BOYAmt
EOY	$52,396,039	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$50,858,857	BOYAmt
EOY	$53,040,244	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$74,486,415	BOYAmt
EOY	$81,950,710	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$3,421,144	ReconcilationRevenueExpnssAmt
Other Changes In Net Assets	-$1,239,757	OtherChangesInNetAssetsAmt
Info In Schedule O Part XII	Yes (X)	InfoInScheduleOPartXIIInd
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (1)	AuditCommitteeInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule C IRS990ScheduleC

Field	Value	IRS element (for citing)
Political Expenditures	$2,000	PoliticalExpendituresAmt
Internal Funds Contributed	$2,000	InternalFundsContributedAmt
Total Exempt Function Expend	$2,000	TotalExemptFunctionExpendAmt
Form1120 POL Filed	Yes (1)	Form1120POLFiledInd

Section527 Political Org Section527PoliticalOrgGrp

Organization Business Name OrganizationBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	INDIANA FORE	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	720 N HIGH SCHOOL ROAD	AddressLine1Txt
City	INDIANAPOLIS	CityNm
State Abbreviation	IN	StateAbbreviationCd
ZIP	46214	ZIPCd

Field	Value	IRS element (for citing)
EIN	351998087	EIN
Paid Internal Funds	$2,000	PaidInternalFundsAmt
Contributions Rcvd Dlvr	$0	ContributionsRcvdDlvrAmt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART I-A, LINE 1:	FormAndLineReferenceDesc
Explanation	MONETARY DONATIONS	ExplanationTxt

Schedule D IRS990ScheduleD

Land LandGrp

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	$501,873	InvestmentCostOrOtherBasisAmt
Book Value	$501,873	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	$6,347,526	InvestmentCostOrOtherBasisAmt
Depreciation	$1,946,399	DepreciationAmt
Book Value	$4,401,127	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	$85,498,875	InvestmentCostOrOtherBasisAmt
Depreciation	$31,377,594	DepreciationAmt
Book Value	$54,121,281	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$59,024,281	TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (11 entries)

DescDesc	Book ValueBookValueAmt	Method ValuationMethodValuationCd
WVPA PATRONAGE ALLOCATIONS	$11,440,664	C
CFC PATRONAGE ALLOCATIONS	$111,742	C
INVEST IN CAP TERM CERT-CFC-NONG	$664,725	C
OTHER INVEST IN ASSOC ORGAN-NONG	$103,077	C
OTH INVEST-FARM BUREAU	$108	C
OTH INVEST-UNITED UTILITY SUPPLY	$65,911	C
OTH INVEST-FEDERATED R.E. INSUR	$220,733	C
OTH INVEST-S.E.D.C.	$174,645	C
NATIONAL RURAL TELECOMMUNICATION	$45,480	C
INVESTMENT IN CRC	$22,723	C
INVESTMENT IN CO-BANK	$101,305	C

Field	Value	IRS element (for citing)
Total Book Value Securities	$12,951,113	TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDesc	AmtAmt
CONSUMER DEPOSITS	$947,006
DEFERRED CREDITS	$316,431

Field	Value	IRS element (for citing)
Total Liability	$1,263,437	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART X, LINE 2:	FormAndLineReferenceDesc
Explanation	THE COMPANY BELEIVES THEY HAVE NOT TAKEN ANY UNCERTAIN TAX POSITIONS.	ExplanationTxt

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Compensation Survey	Yes (X)	CompensationSurveyInd
Board Or Committee Approval	Yes (X)	BoardOrCommitteeApprovalInd
Severance Payment	0	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	Yes (1)	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	0	EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (6 entries)

TitleTitleTxt	Base Compensation Filing OrgBaseCompensationFilingOrgAmt	Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt	Bonus Filing OrganizationBonusFilingOrganizationAmount	Bonus Related OrganizationsBonusRelatedOrganizationsAmt	Other Compensation Filing OrgOtherCompensationFilingOrgAmt	Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt	Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt	Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt	Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt	Total Compensation Filing OrgTotalCompensationFilingOrgAmt	Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt	Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
SCOTT SEARS
CEO	$179,403	$0	$0	$0	$0	$0	$114,466	$0	$23,005	$0	$316,874	$0	$0	$0
RON PYCH
JOURNEYMAN LINEMAN	$111,720	$0	$0	$0	$0	$0	$29,886	$0	$19,906	$0	$161,512	$0	$0	$0
JEFFERY NEWBURN
LINE SUPERINTENDENT	$107,943	$0	$0	$0	$0	$0	$30,474	$0	$22,780	$0	$161,197	$0	$0	$0
SCOTT SIKORA
JOURNEYMAN LINEMAN	$113,733	$0	$0	$0	$0	$0	$25,963	$0	$18,875	$0	$158,571	$0	$0	$0
CHRIS FRANK
JOURNEYMAN LINEMAN	$115,080	$0	$0	$0	$0	$0	$20,305	$0	$22,767	$0	$158,152	$0	$0	$0
JESSE WEBB
JOURNEYMAN LINEMAN	$112,276	$0	$0	$0	$0	$0	$18,010	$0	$22,767	$0	$153,053	$0	$0	$0

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART I, LINE 3	FormAndLineReferenceDesc
Explanation	THE CEO'S COMPENSATION IS BASED ON AN ANNUAL REVIEW BY THE BOARD OF DIRECTORS. THE BOARD TAKES INTO CONSIDERATION THE INFORMATION RECEIVED FROM A STATE AND NATIONAL COMPENSATION SURVEY. THEY COMBINE ALL THE ABOVE INFORMATION AND REVIEW THE GOALS SET FORTH FOR THE YEAR TO DETERMINE THE CEO'S COMPENSATION FOR THE YEAR.	ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (10 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 6	MEMBERS OF THE REMC CONSIST OF THOSE WHOM RECEIVE ELECTRICITY FROM THE REMC. THEY ARE CONSIDERED OWNERS OF THE REMC AND ARE ENTITLED TO A PORTION OF THE INCOME.
FORM 990, PART VI, SECTION A, LINE 7A	THE MEMBERS ELECT THE BOARD OF DIRECTORS AT AN ANNUAL MEETING DEPENDING ON THE DISTRICT THEY LIVE IN.
FORM 990, PART VI, SECTION A, LINE 7B	CERTAIN DECISIONS TO BE MADE BY THE BOARD OF DIRECTORS MUST BE APPROVED BY THE MEMBERS.
FORM 990, PART VI, SECTION B, LINE 11B	COPIES OF THE 990 ARE REVIEWED BY THE BOARD BEFORE THEY ARE FILED.
FORM 990, PART VI, SECTION B, LINE 12C	OUR CONFLICT OF INTEREST POLICY PERTAINS TO THE DIRECTORS AND ALL EMPLOYEES. THE CEO ENFORCES THE POLICY FOR THE EMPLOYEES AND THE DIRECTORS ARE RESPONSIBLE FOR THE CEO AND THEMSELVES. DEPENDING ON THE EXTENT OF THE VIOLATION, THERE COULD BE DISCIPLINARY ACTION TAKEN OR TERMINATION OF EMPLOYMENT. A REVIEW OF EACH DIRECTOR'S FINANCIAL INTEREST IS COMPLETED ANNUALLY AS PART OF THE COMPLIANCE POLICIES ADOPTED BY THE BOARD. THE BYLAWS DIRECT THE MANNER IN WHICH THE DIRECTORS MAY BE REMOVED FROM OFFICE BY THE MEMBERS. IN ADDITION, DIRECTORS HAVE ADOPTED POLICIES WHICH EXPOSE THEMSELVES TO THE POSSIBILITY OF REMOVAL BY THE BOARD FOR VIOLATIONS OF CONFLICTS OF INTEREST RULES AND OTHER SPECIFIED OFFENSES AGAINST THE COOPERATIVE'S POLICIES OR CRIMINAL ACTS.
FORM 990, PART VI, SECTION B, LINE 15	THE CEO'S RAISE IS BASED ON A BOARD DECISION. OTHER KEY EMPLOYEES' RAISES ARE DETERMINED BY EXAMINING THE BUDGET AND THEN DETERMINING A RAISE PERCENTAGE. THE DEPARTMENT HEADS RECOMMEND THE RAISE AMOUNT, BUT IT IS SUBJECT TO CHANGE BY THE CEO. THE CEO DETERMINES THE SALARIES FOR THE TOP MANAGEMENT BASED ON GUIDELINES SET BY THE BOARD IN THE BUDGETING PROCESS.
FORM 990, PART VI, SECTION C, LINE 18	THE TAX RETURNS ARE AVAILABLE UPON REQUEST AT THE REMC'S OFFICE.
FORM 990, PART VI, SECTION C, LINE 19	THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST TO THE PUBLIC. IN ADDITION, THE GOVERNING DOCUMENTS ARE ALSO AVAILABLE ONLINE. FINANCIAL STATEMENTS ARE AVAILABLE AT THE ANNUAL MEETING.
FORM 990, PART XI, LINE 9:	CHANGE IN MEMBERSHIPS 4,430. PATRONAGE RETIREMENT -1,335,097. UNCLAIMED PROPERTY 90,910.
FORM 990, PART XII, LINE 2C:	SIMILAR TO PY

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp

Disregarded Entity Name DisregardedEntityName

Field	Value	IRS element (for citing)
Business Name Line1	KV SERVICES LLC	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 157	AddressLine1Txt
City	WANATAH	CityNm
State Abbreviation	IN	StateAbbreviationCd
ZIP	46390	ZIPCd

Field	Value	IRS element (for citing)
EIN	320004376	EIN
Primary Activities	SERVICES	PrimaryActivitiesTxt
Legal Domicile State	IN	LegalDomicileStateCd

Direct Controlling Entity Name DirectControllingEntityName

Field	Value	IRS element (for citing)
Business Name Line1	KANKAKEE VALLEY REMC	BusinessNameLine1Txt

KANKAKEE VALLEY RURAL ELECTRIC MEMBERSHIP CORPORATION: Form 990, tax year 2021

Return header ReturnHeader

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Preparer US Address PreparerUSAddress

Filer Filer

Business Name BusinessName

US Address USAddress

Business Officer BusinessOfficerGrp

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Preparer Person PreparerPersonGrp

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Form 990 IRS990

US Address USAddress

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

US Address USAddress

Form990 Part VII Section A Form990PartVIISectionAGrp (16 entries)

Contractor Compensation ContractorCompensationGrp (5 entries)

Program Service Revenue ProgramServiceRevenueGrp

Investment Income InvestmentIncomeGrp

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

Miscellaneous Revenue MiscellaneousRevenueGrp

Total Revenue TotalRevenueGrp

Interest InterestGrp

Depreciation Depletion DepreciationDepletionGrp

Other Expenses OtherExpensesGrp (4 entries)

All Other Expenses AllOtherExpensesGrp

Total Functional Expenses TotalFunctionalExpensesGrp

Cash Non Interest Bearing CashNonInterestBearingGrp

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Accounts Receivable AccountsReceivableGrp

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Investments Other Securities InvestmentsOtherSecuritiesGrp

Other Assets Total OtherAssetsTotalGrp

Total Assets TotalAssetsGrp

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Other Liabilities OtherLiabilitiesGrp

Total Liabilities TotalLiabilitiesGrp

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FS Audited Basis FSAuditedBasisGrp

Schedule C IRS990ScheduleC

Section527 Political Org Section527PoliticalOrgGrp

Organization Business Name OrganizationBusinessName

US Address USAddress

Supplemental Information Detail SupplementalInformationDetail

Schedule D IRS990ScheduleD

Land LandGrp

Buildings BuildingsGrp

Equipment EquipmentGrp

Other Securities OtherSecuritiesGrp (11 entries)

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

Supplemental Information Detail SupplementalInformationDetail

Schedule J IRS990ScheduleJ

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (6 entries)

Supplemental Information Detail SupplementalInformationDetail

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (10 entries)

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp

Disregarded Entity Name DisregardedEntityName

US Address USAddress

Direct Controlling Entity Name DirectControllingEntityName

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