DELAWARE ELECTRIC COOPERATIVE INC
PO BOX 600, GREENWOOD, DE 199500600 www.delaware.coop

Total Revenue
$189,153,342
Total Expenses
$181,091,675
Net Assets
$167,193,302

Organizations Filed Purposes: SAFE AND EFFECTIVE DISTRIBUTION OF ELECTRICITY TO THE MEMBERS OF DEC

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 122,761,008 OTHER SALARIES AND WAGES 13,652,569 DEPRECIATION AND AMORTIZATION 13,186,909

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
J William AndrewPRESIDENT &40$687,858
Gary CrippsCOO40$680,490
Mark NielsonVP STAFF SER40$204,359
Christopher J PenuelSERVICEMAN58$179,268
Richard H JohnsonSERVICEMAN58$175,985
David C ShapleyVP ENGINEERI40$170,052
Robert BookVP MEMBER SE40$154,386
Benjamin SalisburyJOURNEYMAN L53$143,918
Sheron SturgisSERVICEMAN50$140,179
Stephen HearnJORNEYMAN LI52$138,115
Jesse SpampinatoVP OPERATION40$119,244
Dwayne StreetVP TECHNOLOG40$114,317
Dawn R SmartVP HUMAN RES40$113,674
Troy DickersonASST. VP ENG40$111,901
Bruce CampbellVP FINANCE &40$107,670
Blaine M Daisey SrDIRECTOR8$20,800
Laura T PhillipsSEC / TREAS.8$20,600
Michael K BrownDIRECTOR-AT-8$19,591
Bruce R WaltonDIRECTOR8$19,562
Patricia S DoreyASST SEC/TRE8$19,385
William P Haughey JrDIRECTOR8$18,600
William J WellsCHAIRMAN8$18,327
Charles L Towles JrDIRECTOR8$18,318
Dean C BeltDIRECTOR8$15,853
Bruce A HenryVICE CHAIRMA8$14,985
William W Noel JrDIRECTOR8$10,420

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202043219349317934_public.xml