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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Delaware Electric Cooperative Inc.

Delaware Electric Cooperative Inc.

Fiscal year ending 2018. Filed on November 13, 2019.

PO Box 600
Greenwood, Delaware 19950

Delaware Electric Cooperative Inc. (EIN: 51-0011975) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2018 IRS Form 990 filing, Delaware Electric Cooperative Inc., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 15 out of 162 total employees. Among the employees shown here, the average compensation is $243,062. The highest compensated employee at Delaware Electric Cooperative Inc. is J William Andrew with fiscal year 2018 compensation of $911,060.

Revenue, expenses, and employee compensation

Revenue

$178,782,131

Expenses

$172,438,903

Employee compensation

$19,010,871
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

J William Andrew
President
$911,060
$657,460 No related comp$253,600
Gary Cripps
Chief Operating Officer
$490,695
$338,666 No related comp$152,029
Mark Nielson
Vice President Staff SER
$234,865
$191,339 No related comp$43,526
Christopher Penuel
Serviceman
$212,528
$180,095 No related comp$32,433
David C Shapley
Vice President, Engineering
$207,762
$165,025 No related comp$42,737
Richard H Johnson
Serviceman
$199,397
$166,958 No related comp$32,439
Robert Book
Vice President, Member Services
$186,204
$148,036 No related comp$38,168
Benjamin Salisbury
Serviceman
$175,647
$154,017 No related comp$21,630
Gregory Williamson
Serviceman
$172,577
$140,116 No related comp$32,461
David A Huffman
Serviceman
$167,884
$135,420 No related comp$32,464
Dwayne Street
Vice President, Technology
$144,008
$108,252 No related comp$35,756
Jesse Spampinato
Vice President, Operations
$143,200
$108,394 No related comp$34,806

Benchmark Employee Compensation

Non-Employee Board Members

Laura T Phillips
Secretary and Treasurer
$22,541
$22,541 No related compNo other comp
Patricia S Dorey
Assistant Secretary and Assistant Treasurer
$20,517
$20,517 No related compNo other comp
Charles Towles Jr
Director
$19,713
$19,713 No related compNo other comp
William P Haughey Jr
Director
$19,249
$19,249 No related compNo other comp
Bruce R Walton
Director
$18,930
$18,930 No related compNo other comp
Michael K Brown
Director at-large
$17,634
$17,634 No related compNo other comp
William J Wells
Chair
$17,582
$17,582 No related compNo other comp
Dean C Belt
Director
$13,680
$13,680 No related compNo other comp
Bruce A Henry
Vice Chair
$13,673
$13,673 No related compNo other comp
William W Noel Jr
Director
$13,000
$13,000 No related compNo other comp
Blaine M Daisey
Director
$9,750
$9,750 No related compNo other comp
Howard Clendaniel
Director
$1,300
$1,300 No related compNo other comp

Contractors

Utility Lines Const Inc.
Line Maintenance
$9,699,353
Asplundh Tree Expert
Tree Removal
$3,347,200
Richard Y Johnson & Son Inc.
Bldg. Construction
$1,415,329
George and Lynch Inc.
Construction. and Maintenance
$378,017
Utility Lines Construction Services
Transmission
$296,180

Mission Statement

SAFE AND EFFECTIVE DISTRIBUTION OF ELECTRICITY TO THE MEMBERS OF DEC

Revisions to this organization profile

May 14, 2025:
2024 Delaware Electric Cooperative Inc. 990 filed
May 15, 2024:
2023 Delaware Electric Cooperative Inc. 990 filed
November 3, 2023:
2022 Delaware Electric Cooperative Inc. 990 filed

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