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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 2019. Filed on November 16, 2020.

PO Box 600
400 Maryland Avenue
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 2019 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 160 total employees. Among the employees shown here, the average compensation is $270,468. The highest compensated employee at Delaware Electric Cooperative Inc. is J William Andrew with fiscal year 2019 compensation of $941,719.

Revenue, expenses, and employee compensation

Revenue

$189,153,342

Expenses

$181,091,675

Employee compensation

$20,134,658
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

J William Andrew
President
$941,719
$687,858 No related comp$253,861
Gary Cripps
Chief Operating Officer
$802,057
$680,490 No related comp$121,567
Mark Nielson
Vice President Staff SER
$248,980
$204,359 No related comp$44,621
David C Shapley
Vice President, Engineering
$213,850
$170,052 No related comp$43,798
Christopher J Penuel
Serviceman
$212,475
$179,268 No related comp$33,207
Richard H Johnson
Serviceman
$209,085
$175,985 No related comp$33,100
Robert Book
Vice President, Member Services
$193,651
$154,386 No related comp$39,265
Sheron Sturgis
Serviceman
$171,843
$140,179 No related comp$31,664
Benjamin Salisbury
Journeyman L
$166,026
$143,918 No related comp$22,108
Stephen Hearn
Jorneyman LI
$160,345
$138,115 No related comp$22,230
Jesse Spampinato
Vice President, Operations
$155,857
$119,244 No related comp$36,613
Dwayne Street
Vice President, Technology
$151,269
$114,317 No related comp$36,952

Benchmark Employee Compensation

Non-Employee Board Members

Blaine M Daisey Sr
Director
$20,800
$20,800 No related compNo other comp
Laura T Phillips
Secretary and Treasurer
$20,600
$20,600 No related compNo other comp
Michael K Brown
Director at-large
$19,591
$19,591 No related compNo other comp
Bruce R Walton
Director
$19,562
$19,562 No related compNo other comp
Patricia S Dorey
Assistant Secretary and Assistant Treasurer
$19,385
$19,385 No related compNo other comp
William P Haughey Jr
Director
$18,600
$18,600 No related compNo other comp
William J Wells
Chair
$18,327
$18,327 No related compNo other comp
Charles L Towles Jr
Director
$18,318
$18,318 No related compNo other comp
Dean C Belt
Director
$15,853
$15,853 No related compNo other comp
Bruce A Henry
Vice Chair
$14,985
$14,985 No related compNo other comp
William W Noel Jr
Director
$10,420
$10,420 No related compNo other comp

Contractors

Asplundh Tree Expert
Tree Removal
$3,299,933
Utility Lines Const Inc.
Line Maintenance
$982,937
Willow Construction
Bldg. Construction
$660,424
New River Electrical Corp.
Transmision
$386,694
Booth & Associates
Engineering
$211,605

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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