Source of information about of non-profits and private foundations.

Delaware Electric Cooperative Inc (EIN: 51-0011975 )

Table of Contents

Overview

Delaware Electric Cooperative Inc is was formed in 1936 in Greenwood, DE. Organization is led by J William Andrew, and had governing board consisting of 21 members. In 2015 this non-profit organization had 152 employees.

Primary Exempt Statement

Safe and effective distribution of electricity to the members of dec
Delaware Electric Cooperative Inc is not IRS Exempt Organizations Select Check Database.
Organization has likely closed in 2015 or 2016.

Finances and Program Service Revenues

It had revenue of $163,545,089.00 and expenses $161,846,577.00 between January 2015 and December 2015 Delaware Electric Cooperative Inc started 2015 with $281,037,965.00 in assets, and finished it with $289,064,558.00

Revenue have exceeded expenses for all of the reporting periods. While total assets of have grown in some years, it also had shrinked in other years.

More information available in detailed financial report for years 2010, 2011, 2012, 2013, 2014 and 2015
Tax Year Total Revenue Total Expenses Net Revenues Total Assets BOY Total Assets EOY Change in Assets
January 2010 - December 2010 $145,213,754.00 $132,362,413.00 $12,851,341.00 $225,199,938.00 $241,224,472.00 $16,024,534.00
January 2011 - December 2011 $139,832,426.00 $139,357,150.00 $475,276.00 $241,224,472.00 $240,819,277.00 -$405,195.00
January 2012 - December 2012 $140,080,247.00 $138,761,434.00 $1,318,813.00 $240,819,277.00 $257,901,519.00 $17,082,242.00
January 2013 - December 2013 $145,698,274.00 $144,154,424.00 $1,543,850.00 $257,901,519.00 $267,915,582.00 $10,014,063.00
January 2014 - December 2014 $154,105,513.00 $152,583,057.00 $1,522,456.00 $267,915,582.00 $281,037,965.00 $13,122,383.00
January 2015 - December 2015 $163,545,089.00 $161,846,577.00 $1,698,512.00 $281,037,965.00 $289,064,558.00 $8,026,593.00

Governance

Delaware Electric Cooperative Inc has large board consisting of 21 members. The board members are William J Wells as chairman, Bruce A Henry as vice chairman, Patricia S Dorey as asst sec/treas., Laura T Phillips as sec / treas., Howard Clendaniel as director, William W Noel Jr as director, Charles Towles Jr as director, Dean C Belt as director, William P Haughey Jr as director, Michael K Brown as director, Bruce R Walton as director, Mark Nielson as vp staff serv., J William Andrew as president & ceo, Gary Cripps as coo, Robert Book as vp member ser, David C Shapley as vp eng. / oper., Kevin Ga Hedges as 1st class serv, Christopher Penuel as 1st class serv, Richard H Johnson as 1st class crew ch, Richard L Gardner as mgt. of operations and Gregory Williamson as bucket crew chief.
Tax Returns

More information on individual tax returns for 2010, 2011, 2012, 2013, 2014, 2015 year.

Address

Delaware Electric Cooperative Inc was located on 1 different addresses. Delaware Electric Cooperative Inc
PO BOX 600
GREENWOOD, DE 19950

Business Officer

Year: 2010
William J Wells
Director


Years: 2011, 2012, 2013, 2014 and 2015
William J Wells
Chairman


Board of Directors

Governing board for each of tax years 2010, 2011, 2012, 2013, 2014, 2015 .

In tax year 2015 board of directors consisted of: