Overview
What is Kankakee Valley Rural Electric Membership Corporation?
Kankakee Valley Rural Electric Membership Corporation (KV REMC) is a nonprofit utility company headquartered in rural Indiana. Their primary mission revolves around distributing electricity to residents in seven counties. As a cooperative, KV REMC prides itself on serving the unique electrical needs of its rural community members. The corporation's role goes beyond just providing power, ensuring reliable and efficient energy solutions for its members.
Official website here: www.kvremc.com
Is Kankakee Valley Rural Electric Membership Corporation legitimate?
Kankakee Valley Rural Electric Membership Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Kankakee Valley Rural Electric Membership Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.kvremc.com
What is the mission statement of Kankakee Valley Rural Electric Membership Corporation?
Kankakee Valley Rural Electric Membership Corporation is dedicated to providing electric utility services to rural communities. Their primary mission revolves around the distribution of electricity to their customer base. The corporation serves residents across seven counties, ensuring that rural areas have reliable access to essential power resources. By focusing on the distribution of electricity, they contribute significantly to enhancing the quality of life for their customers, enabling them to power their homes and businesses effectively.
Official website here: www.kvremc.com
Who is the CEO of Kankakee Valley Rural Electric Membership Corporation?
Scott A Sears is the Principal Officer of Kankakee Valley Rural Electric Membership Corporation. The CEO's salary of Kankakee Valley Rural Electric Membership Corporation is $186,175 and their total compensation is $328,634.
Official website here: www.kvremc.com
What is the revenue of Kankakee Valley Rural Electric Membership Corporation?
Kankakee Valley Rural Electric Membership Corporation's revenue in 2022 was $41,267,905.
Official website here: www.kvremc.com
Who are the executives of Kankakee Valley Rural Electric Membership Corporation and what are their salaries?
There are 59 employees at Kankakee Valley Rural Electric Membership Corporation.
Here are 13 key members and their salaries (Kankakee Valley Rural Electric Membership Corporation's CEO's salary is $186,175 and their total compensation is $328,634):
- Compensation: $11,100
- Related: $0
- Other: $0
- Compensation: $9,900
- Related: $0
- Other: $0
- Compensation: $11,400
- Related: $0
- Other: $0
- Compensation: $12,900
- Related: $0
- Other: $0
- Compensation: $9,900
- Related: $0
- Other: $0
- Compensation: $13,200
- Related: $0
- Other: $0
- Compensation: $13,800
- Related: $0
- Other: $0
- Compensation: $186,175
- Related: $0
- Other: $142,459
- Compensation: $137,728
- Related: $0
- Other: $25,910
- Compensation: $117,115
- Related: $0
- Other: $44,568
- Compensation: $114,396
- Related: $0
- Other: $53,448
- Compensation: $112,288
- Related: $0
- Other: $52,393
- Compensation: $112,190
- Related: $0
- Other: $42,289
Official website here: www.kvremc.com
Where can I find the form 990 for Kankakee Valley Rural Electric Membership Corporation?
Kankakee Valley Rural Electric Membership Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.kvremc.com
Learn more at the official website: www.kvremc.com
Mission Statement of Kankakee Valley Rural Electric Membership Corporation
Kankakee Valley Rural Electric Membership Corporation, commonly known as KV REMC, is a rural electric utility organization dedicated to providing electricity to its members in various counties. This nonprofit corporation's mission is centered around the distribution of electricity to rural communities.
In simple terms, KV REMC's primary focus is on bringing the essential power source to the rural residents in the areas it serves. The organization's commitment to its members is unwavering, ensuring that they have access to reliable and consistent electricity for their daily needs. By providing electricity, KV REMC significantly enhances the quality of life for its members, allowing them to carry out their daily activities more efficiently and productively.
Furthermore, KV REMC plays a crucial role in supporting rural communities by delivering electricity to the most remote areas, where access to power sources may be limited or non-existent. The organization understands the unique challenges faced by rural residents and strives to address their energy needs effectively and efficiently.
In summary, Kankakee Valley Rural Electric Membership Corporation is an indispensable resource for rural communities, dedicated to the mission of distributing electricity and ensuring that its members have a reliable power source to support their daily lives.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Kankakee Valley Rural Electric Membership Corporation plays a crucial role in providing reliable electricity to rural communities across parts of seven counties in Indiana. By ensuring the distribution of electricity to its members, Kankakee Valley REMC enhances the quality of life for residents in these areas, enabling access to essential services and modern amenities.
The cooperative fosters local development by supporting economic growth and sustainability initiatives, thereby creating jobs and promoting the welfare of the communities it serves. Its focus on meeting the unique needs of rural customers helps bridge the gap in energy accessibility, ensuring that all members have equitable access to power.
Additionally, Kankakee Valley REMC promotes public benefit through educational programs and community involvement, empowering members with knowledge about energy conservation and efficiency. Overall, its impact extends beyond just electricity provision, contributing to the social and economic vitality of the region.
This information is meant to be a general summary of Kankakee Valley Rural Electric Membership Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $71,471
- Program Service Revenue: $40,180,452
- Gross Receipts: $41,293,365
Assets and Liabilities:
- Total Assets: $92,935,164
- Total Liabilities: $38,172,255
- Net Assets: $54,762,909
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ELECTRIC SALES
Revenue
$40,180,452
Organization Details
Founding Year
1939
Phone
(219) 733-2511Principal Officer
Scott A Sears
Main Address
PO BOX 157, WANATAH, IN, 463900157
Website
www.kvremc.comNTEE Category
Code: W80 - Public benefit
If you are a representative of Kankakee Valley Rural Electric Membership Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.