2021-09-14T15:04:15-05:00 2020-12-31 202000257 Fiore Fedeli Snyder Carothers LLP 2013 Sandy Dr Ste 200 State College PA 16803 990 2020-01-01 150287092 DELAWARE COUNTY ELECTRIC COOPERATIVE INC DELA 6077462341 5 DEPOT STREET DELHI NY 13753 Mark Cannizzaro Chief Financial Officer 6077469286 2021-07-29 1 Mark Cannizzaro 999009999 JOSEPH P FEDELI CPA P00538622 8142378999 2021-07-29 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z Mark Cannizzaro 5 DEPOT STREET DELHI NY 13753 9066086 0 X WWW.DCE.COOP X 1942 NY DISTRIBUTION OF ELECTRICITY TO MEMBERS IN RURAL AREAS OF DELAWARE COUNTY, NEW YORK ON A COOPERATIVE BASIS. 7 7 30 0 0 0 0 0 8826863 8844241 124948 56641 67525 165204 9019336 9066086 0 0 466863 528614 257492 441508 0 0 0 8144466 7984774 8868821 8954896 150515 111190 27720067 31214584 17376003 20612795 10344064 10601789 THE AIM OF THE DELAWARE COUNTY ELECTRIC COOPERATIVE, INC. IS TO PROVIDE ELECTRIC ENERGY AND RELATED SERVICES TO ITS MEMBERS AT THE LOWEST COST, CONSISTENT WITH SOUND ECONOMY AND GOOD MANAGEMENT. 0 0 PROVIDING ELECTRICITY TO MEMBERS 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 20 0 1 30 1 0 0 0 0 0 0 0 8844241 221845 0 0 0 X 7 7 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X X MARK CANNIZZARO 6077469286 5 DEPOT STREET DELHI NY 13753 STEPHEN OLES PRESIDENT 6.00 X X 8200 0 0 FRANK WINKLER- FORMER VICE PRESIDENT 3.00 X X 5200 0 0 JEFFREY RUSSELL VICE PRESIDENT 6.00 X X 8400 0 0 EDWARD PICK SECRETARY 6.00 X X 13400 0 0 PAUL MENKE TREASURER 6.00 X X 9225 0 0 LAURIE WEHMEYER DIRECTOR 5.00 X 8150 0 0 STEVE BURNETT DIRECTOR 5.00 X 6550 0 0 KIMBERLY TOSI DIRECTOR 3.00 X 2100 0 0 MARK SCHNEIDER CEO/GM-FORMER 50.00 X 136486 0 58023 MILDRED FAULKNER INTERIM CEO/GM 43.00 X 99416 0 45556 MARK CANNIZZARO CHIEF FINANCE OFFICER 46.00 X 37083 0 3719 MICHAEL PIETRANTONI LINE FORMAN 47.00 X 128349 0 51069 JAMES GREEN FIRST CLASS LINEMAN 45.00 X 115179 0 43556 MICHAEL SCHAFER FIRST CLASS LINEMAN 45.00 X 113317 0 43075 MICHAEL DIANICH FIRST CLASS LINEMAN 44.00 X 109152 0 50209 STEVEN LITTLE FIRST CLASS LINEMAN 44.00 X 108740 0 51069 908947 0 346276 6 0 1 0 TOM HOWARD CONSTRUCTION 7352 STATE HIGHWAY 23 ONEONTA NY 13820 GENERAL CONTRACTING 2354180 ASPLUNDH TREE EXPERT CO PO BOX 827464 PHILADELPHIA PA 19182 RIGHT-OF-WAY MAINTENANCE 218607 O'CONNELL ELECTRIC COMPANY 830 PHILIPS RD VICTOR NY 14564 ELECTRICAL CONTRACTING 120509 3 PROVIDE ELECTRICITY TO 221000 8844241 8844241 8844241 56641 56641 OTHER 900099 136670 136670 CAP CR. - ASSOC. ORGS 900003 28534 28534 165204 9066086 9009445 0 56641 528614 441508 525234 1016362 COST OF POWER 2007535 DIST. EXPENSE - MAINTEN 1632924 DIST. EXPENSE - OPERATI 1378808 ADMIN & GENERAL EXPENSE 1122256 301655 8954896 33747 203705 162474 808020 1084868 990315 768271 903579 211718 200353 37596504 12638833 21939495 24957671 807957 1292539 2711537 1858402 27720067 31214584 614127 721310 12758510 15817974 4003366 4073511 17376003 20612795 X 58900 60380 0 0 10285164 10541409 10344064 10601789 27720067 31214584 X 111190 146535 X X 0 1 X 1 0 70865 70865 1134906 215388 919518 33709099 12423445 21285654 2681634 2681634 24957671 OTHER CURRENT ASSETS 429284 REGULATORY ASSET - OTHER POST RETIREMENT BENEFIT 902340 REGULATORY ASSET - RS PLAN PREPAYMENT 526778 1858402 CUSTOMER DEPOSITS 180971 OTHER POST RETIREMENT BENEFITS 3892540 4073511 X 9066086 0 9066086 0 9066086 8426282 0 8426282 528614 528614 8954896 Part X, Line 2: THE COOPERATIVE HAS EXAMINED ITS TAX POSITIONS AND BELIEVES THEY WILL BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WOULD RESULT IN A MATERIAL ADVERSE EFFECT ON THE COOPERATIVE'S FINANCIAL CONDITION, RESULTS OF OPERATIONS OR CASH FLOWS. Part XII, Line 4b - Other Adjustments: ALLOCATION OF CAPITAL CREDITS TO MEMBERS 528,614. X X X X 0 0 0 MARK SCHNEIDER CEO/GM-FORMER 135906 0 0 0 580 0 39111 0 18912 0 194509 0 0 0 MICHAEL PIETRANTONI LINE FORMAN 128349 0 0 0 0 0 0 0 51069 0 179418 0 0 0 STEVEN LITTLE FIRST CLASS LINEMAN 108740 0 0 0 0 0 0 0 51069 0 159809 0 0 0 MICHAEL DIANICH FIRST CLASS LINEMAN 109152 0 0 0 0 0 0 0 50209 0 159361 0 0 0 JAMES GREEN FIRST CLASS LINEMAN 115179 0 0 0 0 0 0 0 43556 0 158735 0 0 0 MICHAEL SCHAFER FIRST CLASS LINEMAN 113317 0 0 0 0 0 0 0 43075 0 156392 0 0 0 Form 990, Part VI, Section A, line 6 MEMBERS OF THE DELAWARE COUNTY ELECTRIC COOPERATIVE, INC. AGREE TO PURCHASE ELECTRIC ENERGY FROM THE COOPERATIVE. Form 990, Part VI, Section A, line 7a THERE IS A NOMINATING COMMITTEE MADE UP OF CO-OP MEMBERS (EXCLUDING BOARD MEMBERS) THAT MEET AT LEAST ONCE A YEAR. THE NOMINATING COMMITTEE PRESENTS AT LEAST TWO CANDIDATES TO RUN FOR SEATS UP FOR ELECTION. PER THE BY-LAWS, CANDIDATES MAY ALSO BE NOMINATED BY PETITION. ALL CANDIDATES ARE THEN VOTED ON BY THE MEMBERS IN ATTENDANCE AT THE ANNUAL MEETING AND BY ABSENTEE BALLOTS RECEIVED IN COMPLIANCE WITH THE COOPERATIVE'S BY-LAWS. Form 990, Part VI, Section A, line 7b BOARD DECISIONS ARE PASSED BY A MAJORITY VOTE OF BOARD MEMBERS. ANY PROPOSED BY-LAW CHANGES ARE VOTED ON BY MEMBERS AT THE NEXT ANNUAL MEETING OF THE MEMBERS IN ACCORDANCE WITH THE COOPERATIVE'S BY-LAWS. Form 990, Part VI, Section B, line 11b ALL DIRECTORS RECEIVE A DRAFT COPY OF THE COMPLETED FORM 990 AND ARE ASKED TO PROVIDE CHANGES/CORRECTIONS WHICH ARE DOCUMENTED IN BOARD MEETING MINUTES. THE FINAL COMPLETED FORM IS PROVIDED BY THE AUDITOR FOR SUBMISSION TO REGULATORY AGENCIES. Form 990, Part VI, Section B, line 12c THE BOARD OF DIRECTORS REVIEWS AND DISCUSSES POLICIES ON AN ONGOING BASIS. CONFLICT OF INTEREST STATEMENTS ARE SECURED FROM ALL DIRECTORS AND THE GENERAL MANAGER AND REVIEWED ANNUALLY BY THE BOARD OF DIRECTORS. Form 990, Part VI, Section B, line 15 A COMMITTEE MADE UP OF MEMBERS OF THE BOARD OF DIRECTORS MEET TO DISCUSS PROPOSED COMPENSATION INCREASES. RECOMMENDATIONS ARE SUBMITTED TO THE ENTIRE BOARD AND PASSED BY A MAJORITY VOTE OF THE BOARD. Form 990, Part VI, Section C, line 18 990 IS AVAILABLE ON GUIDESTAR AND UPON REQUEST AT THE FRONT DESK OF THE MAIN OFFICE. Form 990, Part VI, Section C, line 19 THE COOPERATIVE BY-LAWS AND OPERATING PROCEDURES ARE PUBLICLY AVAILABLE ON THE COOPERATIVE WEBSITE AND AT THE OFFICE PER COOPERATIVE BY-LAWS. MEMBERS ARE PROVIDED ANNUAL REPORTS AT THE ANNUAL MEETING AND THROUGH THE COOPERATIVE'S NEWSLETTER (WHICH IS AVAIALABLE ON THE COOPERATIVE'S WEBSITE). THE COOPERATIVE ALSO HAS PUBLIC DISCLOSURE POLICIES WHICH OUTLINE PROCEDURES FOR PUBLIC REQUEST OF OTHER RELATED INFORMATION. Form 990, Part XI, line 9: GAIN ON EARLY RETIREMENT OF CAPITAL CREDITS 145,055. MEMBERSHIP FEES 1,480. FORM 990, PART XIII, LINE 2C PROCESS HAS NOT CHANGED FROM PRIOR YEAR