EIN 51-0011975

Delaware Electric Cooperative

IRS 501(c) type
501(c)(12)
Num. employees
193
Year formed
1936
Most recent tax filings
2023-12-01
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
$245,267,841
2023
Total expenses
$231,540,918
2023
Total assets
$432,972,404
2023
Num. employees
193
2023

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 149,088,428 benefits paid to or for members 25,682,058 other salaries and wages 17,747,793

Grants made by Delaware Electric Cooperative

GranteeGrant descriptionAmount
Delaware Prosperity PartnershipCharitable$50,000
Bayhealth Foundation CorporationCharitable$50,000
Greenwood Volunteer Fire Company No 1 of Greenwood Delaware (GVFC)Charitable$10,000

Personnel at Delaware Electric Cooperative

NameTitleCompensation
Robert BookPresident and Chief Executive Officer$374,982
Dwayne StreetChief Operating Officer$198,099
Thomas BeamonChief Financial Officer and Senior Vice President Finance$258,989
Jesse SpampinatoVice President Operations$168,524
Bruce CampbellVice President Finance$113,053
...and 21 more key personnel

Financials for Delaware Electric Cooperative

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$243,037,777
Investment income and dividends$835,360
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$1,270,650
Net gain from sale of non-inventory assets$105,718
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$18,336
Total revenues$245,267,841

Form 990s for Delaware Electric Cooperative

Fiscal year endingDate received by IRSFormPDF link
2023-122024-05-15990View PDF
2022-122023-11-03990View PDF
2021-122023-03-01990View PDF
2021-122022-11-15990View PDF
2020-122021-11-15990View PDF
...and 11 more Form 990s

Organizations like Delaware Electric Cooperative

OrganizationLocationRevenue
Sulphur Springs Valley Electric CooperativeWillcox, AZ$139,123,621
Win Energy RemcVincennes, IN$70,143,410
Alaska Village Electric CooperativeAnchorage, AK$69,708,185
Mecklenburg Electric CooperativeChase City, VA$100,631,363
Northwest Iowa Power Cooperative (NIPCO)Le Mars, IA$110,395,836
Inland Power and LightSpokane, WA$94,666,539
Mountain View Electric Association (MVEA)Limon, CO$128,313,383
Cuivre River Electric CooperativeTroy, MO$137,337,346
Florida Keys Electric Cooperative AssociationTavernier, FL$102,799,205
Central Virginia Electric CooperativeLovingston, VA$116,679,749
Data update history
August 20, 2024
Posted financials
Added Form 990 for fiscal year 2023
August 9, 2024
Updated personnel
Identified 2 new personnel
July 15, 2024
Used new vendors
Identified 2 new vendors, including , and
January 21, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 21, 2024
Updated personnel
Identified 1 new personnel
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
County
Sussex County, 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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