EIN 51-0011975

Delaware Electric Cooperative

IRS 501(c) type
501(c)(12)
Num. employees
193
Year formed
1936
Most recent tax filings
2022-12-01
NTEE code, primary
Description
Delaware Electric Cooperative delivers electricity safely and effectively to its members. Its largest program expenses are the cost of power at 122,761,008, salaries and wages at 13,652,569, and depreciation and amortization at 13,186,909.
Also known as...
Shockley Ay P
Total revenues
$226,822,126
2022
Total expenses
$212,282,144
2022
Total assets
$429,246,863
2022
Num. employees
193
2022

Program areas at Delaware Electric Cooperative

Safe and effective delivery of electricity to the members of dec. The three largest program services, as measured by expenses, are as follows: cost of power 141,567,720 benefits paid to or for members 18,240,855 other salaries and wages 16,171,093

Grants made by Delaware Electric Cooperative

GranteeGrant descriptionAmount
Bayhealth Foundation CorporationCharitable$50,000
Beebe Medical CenterCharitable$50,000
Festival of CheerCharitable$35,000

Personnel at Delaware Electric Cooperative

NameTitleCompensation
Robert BookPresident and Chief Executive Officer / Vice President Member Ser / Vice President Member Secretary / Vice President Member Secretary / Vice President Member Ser / Vice President Member Secretary / Vice President Member Ser / Vice President Member Ser / Vice President Member Secretary / Vice President Member Ser / Vice President Member Secretary / Vice President Member Ser$205,592
Thomas BeamonChief Financial Officer and Senior Vice President Finance$258,989
Dwayne StreetChief Information Officer / Vice President Technology$162,987
Jesse SpampinatoVice President Operations$155,035
Bruce CampbellVice President Finance$78,143
...and 19 more key personnel

Financials for Delaware Electric Cooperative

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$225,097,262
Investment income and dividends$445,513
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$1,245,381
Net gain from sale of non-inventory assets$33,970
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$226,822,126

Form 990s for Delaware Electric Cooperative

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-03990View PDF
2021-122023-03-01990View PDF
2021-122022-11-15990View PDF
2020-122021-11-15990View PDF
2019-122021-06-25990View PDF
...and 10 more Form 990s

Organizations like Delaware Electric Cooperative

OrganizationLocationRevenue
Wake Electric Membership CorporationWake Forest, NC$104,928,493
San Bernard Electric CooperativeBellville, TX$107,023,324
Coserv ElectricCorinth, TX$826,144,853
Continental Divide Electric CooperativeGrants, NM$65,112,432
Rock Energy CooperativeJanesville, WI$72,620,012
Georgia Transmission CorporationTucker, GA$380,617,270
South Kentucky Rural Electric Cooperative CorporationSomerset, KY$167,099,707
Flathead Electric CooperativeKalispell, MT$130,777,955
Vermont Electric CooperativeJohnson, VT$91,765,977
Clark County Rural Electric Membership CorporationSellersburg, IN$68,579,271
Data update history
January 21, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 21, 2024
Updated personnel
Identified 1 new personnel
July 13, 2023
Used new vendors
Identified 1 new vendor, including
July 5, 2023
Used new vendors
Identified 1 new vendor, including
July 1, 2023
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Public utilitiesPublic sector nonprofits
Issues
No issues found
Characteristics
State / local level
General information
Address
14198 Sussex Hwy
Greenwood, DE 19950
Metro area
Salisbury, MD-DE
Website URL
delaware.coop/ 
Phone
(302) 349-0713
IRS details
EIN
51-0011975
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1936
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W80: Public Utilities
NAICS code, primary
2211: Electric Power Generation, Transmission, and Distribution Establishments
Parent/child status
Independent
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