NonprofitsDelaware Electric Cooperative Inc

Delaware Electric Cooperative Inc

GREENWOOD, DE

Total revenue

$254.8M

Total expenses

$233.8M

Net assets

$247.0M

Grants received

EIN

510011975

Tax year

2024

Mission

Safe and effective distribution of electricity to the members of dec

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$252.5M
Investment income$1.1M
Other revenue$1.3M
Total revenue$254.8M

Expenses

Grants paid$414K
Salaries & benefits$26.5M
Fundraising
Other expenses$178.1M
Total expenses$233.8M
Total assets$452.2M
Net assets$247.0M

People

25 listed

NameRoleCompensation

ROBERT BOOK

PRESIDENT/CE

Board

$504K

55 hrs/wk

DWAYNE STREET

COO

Board

$370K

55 hrs/wk

JESSE SPAMPINATO

VP OPERATION

Board

$267K

50 hrs/wk

DAWN R SMART

VP HUMAN RES

Board

$264K

50 hrs/wk

KEVIN YINGLING

VP MEMBER SE

Board

$239K

50 hrs/wk

TROY DICKERSON

VP ENGINEERI

Board

$237K

50 hrs/wk

KYLE BOUIKA

VP INFO TECH

Board

$231K

50 hrs/wk

BRUCE CAMPBELL

VP FINANCE

Board

$214K

50 hrs/wk

PATRICIA S DOREY

CHAIRPERSON

Board

$39K

25 hrs/wk

LAURA T PHILLIPS

SEC / TREAS

Board

$36K

12 hrs/wk

MICHAEL K BROWN

VICE CHAIRMA

Board

$36K

11 hrs/wk

WILLIAM P HAUGHEY JR

ASST SEC/TRE

Board

$34K

10 hrs/wk

BLAINE M DAISEY SR

DIRECTOR

Board

$34K

7 hrs/wk

CHARLES L TOWLES

DIRECTOR

Board

$31K

7.5 hrs/wk

THOMAS E BROWN

DIRECTOR

Board

$28K

9 hrs/wk

BRUCE R WALTON

DIRECTOR

Board

$27K

10 hrs/wk

MARK ABBOTT

DIRECTOR

Board

$25K

10 hrs/wk

HUNTER EMORY

DIRECTOR

Board

$18K

6 hrs/wk

JEFFREY CHORMAN

DIRECTOR

Board

$8K

13 hrs/wk

WILLIAM J WELLS

FORMER DIREC

Board

$5K

1.5 hrs/wk

RICHARD H JOHNSON

SERVICEMAN

Staff

$215K

64 hrs/wk

CHRISTOPHER J PENUEL

SERVICEMAN

Staff

$197K

60 hrs/wk

DAVID C SHAPLEY

MGR OF RENEW

Staff

$186K

40 hrs/wk

BENJAMIN SALISBURY

SERVICEMAN

Staff

$175K

57 hrs/wk

STEPHEN HEARN

MANAGER OF O

Staff

$164K

50 hrs/wk

Independent contractors

UTILITY LINES CONSTRUCTION SERVICE

LINE MAINT.

$5.2M

ASPLUNDH TREE EXPERT INC

TREE REMOVAL

$1.9M

COOPERATIVE BUILDING SOLUTIONS

CONSTRUCTION

$1.8M

ROCK CREEK LINE CONSTRUCTION INC

LINE MAINT.

$1.3M

WILLOW CONSTRUCTION LLC

RENOVATIONS

$745K

Details

EIN510011975
Subsection12
Ruling date1938-11
Formed1936
Employees194
DELAWARE ELECTRIC COOPERATIVE INC — Mission, Financials & Grants Received | Grantivo