2020-11-16T15:46:14-06:00 2019-12-31 541320089 ADAMS JENKINS & CHEATHAM 231 WYLDEROSE DR MIDLOTHIAN VA 23113 990 2019-01-01 510011975 DELAWARE ELECTRIC COOPERATIVE INC DELA 3023493105 PO BOX 600 GREENWOOD DE 199500600 WILLIAM J WELLS CHAIRMAN 3023493105 2020-11-12 true G STEVEN GILLIAM CPA P00348264 8043231313 2020-11-16 72.84.234.34 2020-11-16 15:46:14 CS P ACA39D8962F2BB59B316BF06430B2B7C29AE552B 61A6FECD8215AA087FF7745E3D605B7EF8D8F4B6 2019 2021-04-22 16:20:28Z WILLIAM J WELLS PO BOX 600 GREENWOOD DE 199500600 189153342 false X WWW.DELAWARE.COOP X 1936 DE SAFE AND EFFECTIVE DISTRIBUTION OF ELECTRICITY TO THE MEMBERS OF DEC 11 11 160 0 0 177649821 187834341 165317 209138 966993 1109863 178782131 189153342 245000 176000 8529550 10873273 19010871 20134658 0 0 144653482 149907744 172438903 181091675 6343228 8061667 323949838 335889725 163086757 168696423 160863081 167193302 SAFE AND EFFECTIVE DISTRIBUTION OF ELECTRICITY TO THE MEMBERS OF DEC false false 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 false false false false false false false false false true false true false true false false false false false false false false false false false false true false true false false false false false false false false false false false false false false true 172 0 true 160 true false false false false false 176595399 11448080 false false false X 11 11 false false false false true true true true true false false true true true true true true true true false X DELAWARE ELECTRIC COOPERATIVE 3023493105 14198 SUSSEX HWY GREENWOOD DE 199500600 J WILLIAM ANDREW PRESIDENT & 40.00 X 687858 0 253861 GARY CRIPPS COO 40.00 X 680490 0 121567 MARK NIELSON VP STAFF SER 40.00 X 204359 0 44621 DAVID C SHAPLEY VP ENGINEERI 40.00 X 170052 0 43798 CHRISTOPHER J PENUEL SERVICEMAN 58.00 X 179268 0 33207 RICHARD H JOHNSON SERVICEMAN 58.00 X 175985 0 33100 ROBERT BOOK VP MEMBER SE 40.00 X 154386 0 39265 SHERON STURGIS SERVICEMAN 50.00 X 140179 0 31664 BENJAMIN SALISBURY JOURNEYMAN L 53.00 X 143918 0 22108 STEPHEN HEARN JORNEYMAN LI 52.00 X 138115 0 22230 JESSE SPAMPINATO VP OPERATION 40.00 X 119244 0 36613 DWAYNE STREET VP TECHNOLOG 40.00 X 114317 0 36952 DAWN R SMART VP HUMAN RES 40.00 X 113674 0 36172 TROY DICKERSON ASST. VP ENG 40.00 X 111901 0 35766 BRUCE CAMPBELL VP FINANCE & 40.00 X 107670 0 24682 BLAINE M DAISEY SR DIRECTOR 8.00 X 20800 0 0 LAURA T PHILLIPS SEC / TREAS. 8.00 X X 20600 0 0 MICHAEL K BROWN DIRECTOR-AT- 8.00 X 19591 0 0 BRUCE R WALTON DIRECTOR 8.00 X 19562 0 0 PATRICIA S DOREY ASST SEC/TRE 8.00 X X 19385 0 0 WILLIAM P HAUGHEY JR DIRECTOR 8.00 X 18600 0 0 WILLIAM J WELLS CHAIRMAN 8.00 X X 18327 0 0 CHARLES L TOWLES JR DIRECTOR 8.00 X 18318 0 0 DEAN C BELT DIRECTOR 8.00 X 15853 0 0 BRUCE A HENRY VICE CHAIRMA 8.00 X X 14985 0 0 WILLIAM W NOEL JR DIRECTOR 8.00 X 10420 0 0 3437857 815606 56 false true false ASPLUNDH TREE EXPERT PO BOX 827464 PHILADELPHIA PA 191827464 TREE REMOVAL 3299933 UTILITY LINES CONST INC PO BOX 7780-5124 PHILADELPHIA PA 19182 LINE MAINT. 982937 WILLOW CONSTRUCTION LLC PO BOX 521 400 MARYLAND AVENUE EASTON MD 21601 BLDG. CONST. 660424 NEW RIVER ELECTRICAL CORP 15 CLOVERDALE PLACE CLOVERDALE VA 24077 TRANSMISION 386694 BOOTH & ASSOCIATES PO BOX 601039 CHARLOTTE NC 28260 ENGINEERING 211605 9 SALE AND DIST. OF ELECT. 221000 176510412 176510412 CONT. IN AID OF CONST. 221000 8223597 8223597 PATRONAGE CAPITAL - REC 221000 3015345 3015345 SURGE PROTECTOR PROGRAM 221000 84987 84987 187834341 205326 205326 1109863 1109863 1109863 1109863 3812 3812 3812 3812 189153342 187834341 1319001 X 176000 10873273 3333689 13652569 1379309 479769 1289322 153250 1589487 334089 4328796 13186909 COST OF POWER 122761008 DISTRIBUTION MAINTENANCE 5942575 DISTRIBUTION OPERATION 3343116 ADMIN AND GENERAL 2843582 -4575068 181091675 0 0 0 2795945 3325993 2200000 17728631 18944408 8447353 7378643 5497663 5073123 392723199 164060449 216457974 228662750 3707942 3354610 67091568 69133136 22762 17062 323949838 335889725 11187854 16284329 118621969 121704692 33276934 30707402 163086757 168696423 X 160863081 167193302 160863081 167193302 323949838 335889725 X 8061667 -1731446 X false true X true false 392723199 164060449 228662750 228662750 PATRONAGE CAPITAL CERTIFICATES 69126016 C VA MD DE ASSOCIATION BUILDING 7120 C 69133136 ACC. OPER. PROV/ASSET RETIRE OBLIGAT 15048453 DEFERRED CREDITS 8233082 OTHER ACCRUED LIABILITIES 4740321 CUSTOMER DEPOSITS 2685546 30707402 false BEEBE MEDICAL FOUNDATION 902 SAVANNAH ROAD LEWES DE 19958 510067938 50000 FMV CHARITABLE BAYHEALTH FOUNDATION 640 S STATE STREET DOVER DE 19901 222559843 6000 FMV CHARITABLE DELAWARE PROSPERITY PARTNERSHIP PO BOX 671 WILMINGTON DE 198990671 822881997 25000 FMV CHARITABLE X X X X X false true false J WILLIAM ANDREW PRESIDENT & CEO 587858 100000 224500 29361 941719 GARY CRIPPS COO 239506 50000 390984 87000 34567 802057 350000 MARK NIELSON VP STAFF SERV. 184359 20000 23568 21053 248980 DAVID C SHAPLEY VP ENGINEERING 170052 22836 20962 213850 CHRISTOPHER J PENUEL SERVICEMAN 179268 13374 19833 212475 RICHARD H JOHNSON SERVICEMAN 175985 13267 19833 209085 ROBERT BOOK VP MEMBER SER 154386 18521 20744 193651 SHERON STURGIS SERVICEMAN 140179 11831 19833 171843 BENJAMIN SALISBURY JOURNEYMAN LINEMAN 143918 12341 9767 166026 STEPHEN HEARN JORNEYMAN LINEMAN 138115 12463 9767 160345 JESSE SPAMPINATO VP OPERATIONS 119244 16358 20255 155857 DWAYNE STREET VP TECHNOLOGY 114317 16695 20257 151269 SCHEDULE J, PAGE 1, PART I, LINE 4 J. WILLIAM ANDREW 0 187,500 0 GARY CRIPPS 0 50,000 0 SCHEDULE J, PART III DURING 2019, GARY CRIPPS VESTED IN HIS NONQUALIFIED DEFERRED COMPENSATION PLAN. AS A RESULT, 390,984 WAS INCLUDED AS OTHER COMPENSATION ON SCHEDULE J PART II COLUMN BIII. IN ADDITION, 350,000 OF THIS TOTAL HAS BEEN INCLUDED ON SCHEDULE J PART II COLUMN F SINCE IT WAS INCLUDED AS PART OF DEFERRED COMPENSATION ON PRIOR YEAR 990S SCHEDULE J COLUMN C (2014 2019). FORM 990 FORM 990, PART IX, LINE 4 BENEFITS PAID TO OR FOR MEMBERS PATRONAGE DIVIDENDS ARE PAID TO MEMBERS' ACCOUNTS IN ACCORDANCE WITH THE PRE-EXISTING OBLIGATION IN DELAWARE ELECTRIC COOPERATIVE'S BY LAWS. THE CORPORATION IS OBLIGATED TO PAY BY CREDITS TO A CAPITAL ACCOUNT FOR EACH PATRON ALL SUCH AMOUNTS IN EXCESS OF OPERATING COSTS AND EXPENSES. IRS INSTRUCTIONS FOR LINE 4 CHANGED IN 2011 TO INCLUDE PATRONAGE DIVIDENDS PAID BY SECTION 501(C)(12) ORGANIZATIONS TO THEIR MEMBERS. ACCORDINGLY, THESE AMOUNTS ARE NOW REPORTED ON LINE 4. FORM 990, PAGE 6, PART VI, LINE 6 DELAWARE ELECTRIC COOPERATIVE IS AN ELECTRIC MEMBERSHIP CORPORATION THAT DELIVERS ELECTRICITY TO THE MEMBERS OF THE COOPERATIVE. THE MEMBERS ELECT THE BOARD OF DIRECTORS, WHICH IS THE GOVERNING BODY OF THE COOPERATIVE. FORM 990, PAGE 6, PART VI, LINE 7A MEMBERS OF THE GOVERNING BOARD ARE ELECTED BY THE MEMBERSHIP AT THE ANNUAL MEMBERSHIP MEETING AS PROVIDED FOR IN THE BYLAWS. FORM 990, PAGE 6, PART VI, LINE 7B CERTAIN DECISIONS OF THE GOVERNING BOARD ARE SUBJECT TO APPROVAL BY THE MEMBERS AS PROVIDED FOR IN THE BYLAWS. FORM 990, PAGE 6, PART VI, LINE 11B 990 IS REVIEWED WITH THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS. FORM 990, PAGE 6, PART VI, LINE 12C ANYONE THAT HAS A CONFLICT OF INTEREST WILL EXCUSE THEMSELVES FROM DISCUSSIONS OR VOTING ON SUBJECT MATTER WHERE A POSSIBLE CONFLICT EXISTS. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD OF DIRECTORS APPROVE THE COMPENSATION LEVELS FOR THE CEO. THE COOPERATIVE, EACH YEAR, OBTAINS AN ANNUAL SALARY SURVEY COMPARISON FROM OUTSIDE CONSULTANTS, AND OBTAINS A SALARY SURVEY FOR PEER ELECTRIC COOPERATIVES IN THE REGION. FORM 990, PAGE 6, PART VI, LINE 15B THE BOARD OF DIRECTORS APPROVE THE COMPENSATION LEVELS FOR THE COOPERATIVE MANAGEMENT. THE COOPERATIVE, EACH YEAR, OBTAINS AN ANNUAL SALARY SURVEY COMPARISON FROM OUTSIDE CONSULTANTS, AND OBTAINS A SALARY SURVEY FOR PEER ELECTRIC COOPERATIVES IN THE REGION. FORM 990, PAGE 6, PART VI, LINE 19 ANNUAL REPORTS ARE PRINTED EACH YEAR FOR THE PRIOR PERIOD AND PROVIDED AT THE ANNUAL MEETING OF MEMBERS, STOCKED IN THE COOPERATIVE LOBBY AREA ACCESSIBLE BY THE MEMBERS, AND PUBLISHED ON COOPERATIVE WEB SITE. BYLAWS ARE PRINTED ON AN AS NEEDED BASIS, EITHER WHEN CHANGES MAY OCCUR OR REPLENISHMENT IS NECESSARY. ALL NEW MEMBERS RECEIVE A COPY OF THE COOPERATIVE BYLAWS, AND BYLAWS ARE ALSO POSTED ON THE COOPERATIVE WEB SITE. FORM 990, PART XI, LINE 9 PATRONAGE DIV PAID TO MEMBERS NOT EXP PER GAAP 10,873,273 NON-CASH PATRONAGE ALLOCATIONS NOT REV PER IRS 278,712 NET CHANGE IN MEMBERSHIPS 76,200 INCREASE IN COMPREHENSIVE INCOME 2,081,180 GRANTS 176,000 OTHER 151 CONTRIBUTIONS IN AID OF CONST NOT REV PER GAAP -8,223,597 NET RETIREMENT OF CAPITAL CREDITS -6,993,365 TOTAL -1,731,446