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EIN 52-0271943

Choptank Electric Cooperative

IRS 501(c) type
501(c)(12)
Num. employees
186
City
Denton
State
Maryland
Year formed
1938
Most recent tax filings
2023-12-01
NTEE code, primary
W80: Public Utilities
Description
Choptank Electric Cooperative delivers reliable and cost-effective electricity, enhancing the quality of life for its member-owners. The cooperative prioritizes safe and affordable power while actively supporting local communities through various programs. By committing to service excellence guided by the Seven Cooperative Principles, Choptank Electric returns revenue back to Main Street, reflecting its dedication as a locally owned and operated entity.
Total revenues
$183,421,421
2023
Total expenses
$160,337,675
2023
Total assets
$511,081,877
2023
Num. employees
186
2023

Program areas at Choptank Electric Cooperative

Cec exists to provide reliable and cost effective electricity that improves the quality of life for our member-owners. Cec is committed to service excellence guided by the seven Cooperative principles. The three largest program services, as measured by expenses, are as follows: cost of power 97,735,440 depreciation 16,138,632 other salaries and wages 15,522,899

Personnel at Choptank Electric Cooperative

NameTitleCompensation
Micheal E. MalandroPresident and Chief Executive Officer$664,244
Lisa H. DeSantisVice President and Chief Financial Officer$238,673
Charles GleatonChief Engine$178,025
Nathan SchrepplerChief Engineer$170,540
W. Lance LockermanVice President of Operations
...and 15 more key personnel

Financials for Choptank Electric Cooperative

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$182,485,696
Investment income and dividends$620,371
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$67,850
Net gain from sale of non-inventory assets$29,871
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$121,189
Miscellaneous revenues$96,444
Total revenues$183,421,421

Form 990s for Choptank Electric Cooperative

Fiscal year endingDate received by IRSFormPDF link
2023-122024-05-02990View PDF
2022-122023-05-15990View PDF
2021-122022-07-28990View PDF
2020-122021-05-17990View PDF
2019-122021-06-07990View PDF
...and 10 more Form 990s

Organizations like Choptank Electric Cooperative

OrganizationLocationRevenue
Sulphur Springs Valley Electric CooperativeWillcox, AZ$139,123,621
Alaska Village Electric CooperativeAnchorage, AK$69,708,185
Inland Power and LightSpokane, WA$94,666,539
Tideland Electric Membership CorporationPantego, NC$52,378,506
Consumers PowerPhilomath, OR$47,215,867
Sequachee Valley Electric CooperativeSouth Pittsburg, TN$112,585,937
Kit Carson Electric CooperativeTaos, NM$57,387,729
South Plains Electric CooperativeLubbock, TX$208,235,314
Southwest Tennessee Electric Membership CorporationBrownsville, TN$132,788,370
Powder River Energy CorporationSundance, WY$176,963,725
Data update history
September 15, 2024
Updated personnel
Identified 4 new personnel
August 19, 2024
Posted financials
Added Form 990 for fiscal year 2023
August 8, 2024
Updated personnel
Identified 1 new personnel
July 14, 2024
Used new vendors
Identified 3 new vendors, including , , and
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Public utilitiesPublic sector nonprofitsHeadquarter / parent organizations
Issues
No issues found
Characteristics
State / local levelReceives government funding
General information
Address
10384 River Rd
Denton, MD 21629
County
Caroline County, MD
Website URL
choptankelectric.coop/ 
Phone
(410) 479-0420
IRS details
EIN
52-0271943
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1938
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
Central organization
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