Nonprofit · EIN 84-4043729
KANKAKEE RIVERFRONT SOCIETY INC
Tax-exempt (reinstated) · KANKAKEE, IL 60901
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $265,154 | $121,103 | $144,051 | $280,080 | $333 | $279,747 |
| December 31, 2024 | 990-EZ | $156,802 | $170,514 | -$13,712 | $136,062 | $366 | $135,696 |
| December 31, 2023 | 990 | $269,393 | $131,580 | $137,813 | $149,575 | $167 | $149,408 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $264,493
- of which government grants
- $43,789
- Program service revenue
- $0
- Investment income
- $661
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $87,500
- Salaries, compensation and benefits (total)
- $101,997
- Professional fundraising fees
- $0
- Accounting fees
- $9,000
- Program services (functional)
- $421
- Management and general (functional)
- $120,682
Balance sheet and other
- Total assets, start of year
- $136,062
- Total assets, end of year
- $280,080
- Total liabilities, end of year
- $333
- Net assets, end of year
- $279,747
- Net assets without donor restrictions
- $229,598
- Net assets with donor restrictions
- $50,149
- Gross receipts
- $265,154
- Employees
- 1
- Year formed
- 2019
- State of legal domicile
- IL
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| William Yohnka | Executive Dir. Officer | 40 | $87,500 |
| Barbi Brewer-Watson | Chairperson Trustee or director | 5 | $0 |
| Cornell Lurry | Director Trustee or director | 1 | $0 |
| Tim Nugent | Director Trustee or director | 1 | $0 |
| Matt McBurnie | Vice Chairman Trustee or director | 1 | $0 |
| David Baron | Director Trustee or director | 1 | $0 |
| Dennis Baron | Treasurer Trustee or director | 1 | $0 |
| Sarah Camargo | Secretary Trustee or director | 1 | $0 |
| Ray Eads | Director Trustee or director | 1 | $0 |
| Angela Morrey | Director Trustee or director | 1 | $0 |
| Staci Wilken | Director Trustee or director | 1 | $0 |
| Michael Cobbs | Director Trustee or director | 1 | $0 |
| Kari Nugent | Director Trustee or director | 1 | $0 |
| William E Ziemek Jr | Director Trustee or director | 1 | $0 |
| Carmen Lewis | Director Trustee or director | 1 | $0 |
990-EZ for the year ended December 31, 2024: 15 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| William Yohnka | Executive Dir. | 40 | $87,500 |
| Barbi Brewer-Watson | Chairperson | 5 | $0 |
| Cornell Lurry | Director | 1 | $0 |
| Tim Nugent | Director | 1 | $0 |
| Matt McBurnie | Vice Chairman | 1 | $0 |
| David Baron | Director | 1 | $0 |
| Dennis Baron | Treasurer | 1 | $0 |
| Sarah Camargo | Secretary | 1 | $0 |
| Ray Eads | Director | 1 | $0 |
| Angela Morrey | Director | 1 | $0 |
| Staci Wilken | Director | 1 | $0 |
| Michael Cobbs | Director | 1 | $0 |
| Kari Nugent | Director | 1 | $0 |
| William E Ziemek Jr | Director | 1 | $0 |
| Carmen Lewis | Director | 1 | $0 |
990 for the year ended December 31, 2023: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| William Yohnka | Executive Dir. Officer | 40 | $87,500 |
| Barbi Brewer-Watson | President Trustee or director | 5 | $0 |
| Tim Nugent | Director Trustee or director | 1 | $0 |
| Matt McBurnie | Vice President Trustee or director | 1 | $0 |
| David Baron | Director Trustee or director | 1 | $0 |
| Dennis Baron | Treasurer Trustee or director | 1 | $0 |
| Sarah Camargo | Director Trustee or director | 1 | $0 |
| Ray Eads | Director Trustee or director | 1 | $0 |
| Kathy Peterson | Secretary Trustee or director | 1 | $0 |
| Staci Wilken | Director Trustee or director | 1 | $0 |
| Michael Cobbs | Director Trustee or director | 1 | $0 |
| Kari Nugent | Director Trustee or director | 1 | $0 |
| William E Ziemek Jr | Director Trustee or director | 1 | $0 |
| Carmen Lewis | Director Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 275 E COURT ST STE 201, KANKAKEE, IL 60901-3860
- Principal officer (990 for 2025)
- Barbi Brewer-Watson, 275 East Court St STE 201, Kankakee, IL 60901
- Signed the 990
- William Yohnka, Executive Dir.
- Phone
- (815) 922-1219
- Return prepared by
- BORSCHNACK PELLETIER & CO
Mission
Mission is to make The Currents of Kankakee an extraordinary riverfront experience that will transform the regions image, raise its marketplace appeal and enhance its quality of life.
Program accomplishments
- The organization has worked to secure contributions from individuals and businesses and has also worked to secure grants from various sources to further it's mission. Because this organization does not own the real property to which improvements will be made, certain grants have been awarded directly to the City of Kankakee and therefore the program expenditures related to these grants will not be reported by this organization.Expenses $421
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 84-4043729
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2024
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S12)
- Assets (IRS master file)
- $280,080
- Income (IRS master file)
- $265,154
Revocation and reinstatement
- Exemption revoked
- May 15, 2022
- Posted by the IRS
- August 8, 2022
- Reinstated
- Effective May 15, 2022
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $265,154 | $121,103 | $280,080 | XML |
| 990-EZ | December 2024 | $156,802 | $170,514 | $136,062 | IRS |
| 990 | December 2023 | $269,393 | $131,580 | $149,575 | XML |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 84-4043729).
Questions about KANKAKEE RIVERFRONT SOCIETY INC
- What is the EIN of KANKAKEE RIVERFRONT SOCIETY INC?
- The employer identification number (EIN) of KANKAKEE RIVERFRONT SOCIETY INC is 84-4043729.
- Is KANKAKEE RIVERFRONT SOCIETY INC tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2022 and reinstated it effective May 15, 2022.
- Are donations to KANKAKEE RIVERFRONT SOCIETY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does KANKAKEE RIVERFRONT SOCIETY INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of KANKAKEE RIVERFRONT SOCIETY INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did KANKAKEE RIVERFRONT SOCIETY INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of KANKAKEE RIVERFRONT SOCIETY INC?
- The 990 for the year ended December 31, 2025 names Barbi Brewer-Watson.
- Who are the officers and directors of KANKAKEE RIVERFRONT SOCIETY INC?
- The 990 for the year ended December 31, 2025 lists 15 people; 1 received compensation from the organization, the highest $87,500 (William Yohnka, Executive Dir.).
- How much revenue does KANKAKEE RIVERFRONT SOCIETY INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $265,154, expenses of $121,103 and total assets of $280,080 at year end.
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All nonprofits in KANKAKEE · Illinois · Community improvement and capacity building