DELAWARE ELECTRIC COOPERATIVE INC: Form 990, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- DELAWARE ELECTRIC COOPERATIVE INC (EIN 51-0011975)
- Tax period
- 2017-01-01 to 2017-12-31
- Filed
- 2018-11-15
- IRS object ID
- 201823199349304652
- Schema version
- 2017v2.3
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-11-15T10:30:40-05:00 | ReturnTs |
| Tax Period End | 2017-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 541320089 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ADAMS JENKINS & CHEATHAM | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 231 WYLDEROSE DR | AddressLine1Txt |
| City | MIDLOTHIAN | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 23113 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2017-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 510011975 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DELAWARE ELECTRIC COOPERATIVE INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | DELA | BusinessNameControlTxt |
| Phone | 3023493105 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 600 | AddressLine1Txt |
| City | GREENWOOD | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 199500600 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | WILLIAM J WELLS | PersonNm |
| Person Title | CHAIRMAN | PersonTitleTxt |
| Phone | 3023493105 | PhoneNum |
| Signature | 2018-11-12 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | G STEVEN GILLIAM CPA | PreparerPersonNm |
| PTIN | P00348264 | PTIN |
| Phone | 8043231313 | PhoneNum |
| Preparation | 2018-11-12 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 72.84.234.34 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2018-11-15 | IPDt |
| IP Tm | 09:30:40 | IPTm |
| IP Timezone | CS | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | D2F7F4FCAC69F1EE07507C3DF754AAA56CC59B55 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 61A6FECD8215AA087FF7745E3D605B7EF8D8F4B6 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | TaxYr |
| Build TS | 2018-06-14 16:35:46Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | WILLIAM J WELLS | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 600 | AddressLine1Txt |
| City | GREENWOOD | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 199500600 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $164,188,501 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.DELAWARE.COOP | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1936 | FormationYr |
| Legal Domicile State | DE | LegalDomicileStateCd |
| Activity Or Mission | SAFE AND EFFECTIVE DISTRIBUTION OF ELECTRICITY TO THE MEMBERS OF DEC | ActivityOrMissionDesc |
| Voting Members Governing Body | 11 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 11 | VotingMembersIndependentCnt |
| Total Employee | 154 | TotalEmployeeCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $166,457,561 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $163,030,455 | CYProgramServiceRevenueAmt |
| PY Investment Income | $171,410 | PYInvestmentIncomeAmt |
| CY Investment Income | -$10,218 | CYInvestmentIncomeAmt |
| PY Other Revenue | $927,398 | PYOtherRevenueAmt |
| CY Other Revenue | $909,838 | CYOtherRevenueAmt |
| PY Total Revenue | $167,556,369 | PYTotalRevenueAmt |
| CY Total Revenue | $163,930,075 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $17,650,349 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $19,935,458 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $17,576,262 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $18,001,797 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $131,021,875 | PYOtherExpensesAmt |
| CY Other Expenses | $124,266,081 | CYOtherExpensesAmt |
| PY Total Expenses | $166,248,486 | PYTotalExpensesAmt |
| CY Total Expenses | $162,203,336 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $1,307,883 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $1,726,739 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $307,886,217 | TotalAssetsBOYAmt |
| Total Assets EOY | $317,027,746 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $165,874,247 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $157,430,500 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $142,011,970 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $159,597,246 | NetAssetsOrFundBalancesEOYAmt |
| Mission | SAFE AND EFFECTIVE DISTRIBUTION OF ELECTRICITY TO THE MEMBERS OF DEC | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Desc | 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 98,211,456 BENEFITS PAID TO OR FOR MEMBERS 19,935,458 OTHER SALARIES AND WAGES 12,466,397 | Desc |
| Described In Section501c3 | false | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | false | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | Yes (true) | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 143 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 154 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Members And Shr Gross Income | $156,752,208 | MembersAndShrGrossIncomeAmt |
| Other Sources Gross Income | $6,526,455 | OtherSourcesGrossIncomeAmt |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 11 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 11 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (true) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (true) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | false | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DELAWARE ELECTRIC COOPERATIVE | PersonNm |
| Phone | 3023493105 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 14198 SUSSEX HWY | AddressLine1Txt |
| City | GREENWOOD | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 199500600 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (21 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| WILLIAM P HAUGHEY JR | |||||||
| DIRECTOR | 10.00 | Yes (X) | $22,985 | $0 | $0 | ||
| CHARLES TOWLES JR | |||||||
| DIRECTOR | 10.00 | Yes (X) | $21,137 | $0 | $0 | ||
| PATRICIA S DOREY | |||||||
| ASST SEC/TRE | 10.00 | Yes (X) | $19,984 | $0 | $0 | Yes (X) | |
| LAURA T PHILLIPS | |||||||
| SEC / TREAS. | 10.00 | Yes (X) | $19,925 | $0 | $0 | Yes (X) | |
| MICHAEL K BROWN | |||||||
| DIRECTOR | 10.00 | Yes (X) | $19,743 | $0 | $0 | ||
| BRUCE R WALTON | |||||||
| DIRECTOR | 10.00 | Yes (X) | $19,729 | $0 | $0 | ||
| WILLIAM J WELLS | |||||||
| CHAIRMAN | 10.00 | Yes (X) | $18,231 | $0 | $0 | Yes (X) | |
| WILLIAM W NOEL JR | |||||||
| DIRECTOR | 10.00 | Yes (X) | $15,950 | $0 | $0 | ||
| DEAN C BELT | |||||||
| DIRECTOR | 10.00 | Yes (X) | $15,022 | $0 | $0 | ||
| HOWARD CLENDANIEL | |||||||
| DIRECTOR | 10.00 | Yes (X) | $13,650 | $0 | $0 | ||
| BRUCE A HENRY | |||||||
| VICE CHAIRMA | 10.00 | Yes (X) | $13,013 | $0 | $0 | Yes (X) | |
| J WILLIAM ANDREW | |||||||
| PRESIDENT & | 40.00 | $606,886 | $0 | $252,299 | Yes (X) | ||
| GARY CRIPPS | |||||||
| COO | 40.00 | $320,645 | $0 | $150,075 | Yes (X) | ||
| MARK NIELSON | |||||||
| VP STAFF SER | 40.00 | $182,202 | $0 | $42,045 | Yes (X) | ||
| DAVID C SHAPLEY | |||||||
| VP ENG. / OP | 40.00 | $160,301 | $0 | $41,150 | Yes (X) | ||
| ROBERT BOOK | |||||||
| VP MEMBER SE | 40.00 | $142,530 | $0 | $36,938 | Yes (X) | ||
| CHRISTOPHER PENUEL | |||||||
| 1ST CLASS SE | 61.00 | $164,825 | $0 | $31,364 | Yes (X) | ||
| RICHARD H JOHNSON | |||||||
| 1ST CLASS SE | 56.00 | $151,059 | $0 | $31,627 | Yes (X) | ||
| BENJAMIN SALISBURY | |||||||
| JOURNEYMAN L | 53.00 | $132,550 | $0 | $20,877 | Yes (X) | ||
| KEVIN GA HEDGES | |||||||
| 1ST CLASS SE | 49.00 | $130,847 | $0 | $31,337 | Yes (X) | ||
| DAVID A HUFFMAN | |||||||
| 1ST CLASS SE | 50.00 | $129,718 | $0 | $31,658 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,320,932 | TotalReportableCompFromOrgAmt |
| Total Other Compensation | $669,370 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 45 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| UTILITY LINES CONST INC | |||||
| PO BOX 7780-5124 | PHILADELPHIA | PA | 19182 | LINE MAINT. | $7,077,755 |
| RICHARD Y JOHNSON & SON INC | |||||
| 18404 JOHNSON ROAD | LINCOLN | DE | 19960 | BLDG. CONST. | $3,253,087 |
| ASPLUNDH TREE EXPERT CO | |||||
| PO BOX 827464 | PHILADELPHIA | PA | 19182 | TREE REMOVAL | $3,082,826 |
| LIGHTOWER FIBER NETWORKS | |||||
| 80 CENTRAL STREET | BOXBOROUGH | MA | 01719 | INSTALL FIBERS | $2,100,260 |
| NEW RIVER ELECTRICAL CORP | |||||
| 15 CLOVERDALE PLACE | CLOVERDALE | VA | 24077 | CONST. & MAINT. | $692,223 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 10 | CntrctRcvdGreaterThan100KCnt |
| Info In Schedule O Part VIII | Yes (X) | InfoInScheduleOPartVIIIInd |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| SALE AND DIST. OF ELECT. | 221000 | $156,648,729 | $156,648,729 |
| CONT. IN AID OF CONST. | 221000 | $5,598,863 | $5,598,863 |
| PATRONAGE CAPITAL - REC | 221000 | $679,384 | $679,384 |
| SURGE PROTECTOR PROGRAM | 221000 | $103,479 | $103,479 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $163,030,455 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $248,208 | TotalRevenueColumnAmt |
| Exclusion | $248,208 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Personal | $909,838 | PersonalAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Personal | $909,838 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $909,838 | TotalRevenueColumnAmt |
| Exclusion | $909,838 | ExclusionAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $258,426 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | -$258,426 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$258,426 | TotalRevenueColumnAmt |
| Exclusion | -$258,426 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $163,930,075 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $163,030,455 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $899,620 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,935,458 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,134,440 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,466,397 | TotalAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,360,935 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $929,708 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,110,317 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $168,566 | TotalAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,549,183 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $333,155 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,811,247 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,868,528 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| COST OF POWER | $98,211,456 |
| DISTRIBUTION MAINTENANCE | $5,335,772 |
| DISTRIBUTION OPERATION | $3,735,576 |
| ADMIN AND GENERAL | $2,741,225 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | -$3,488,627 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $162,203,336 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,266,832 | BOYAmt |
| EOY | $1,762,073 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,800,000 | BOYAmt |
| EOY | $2,100,000 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,147,596 | BOYAmt |
| EOY | $24,277,531 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,693,145 | BOYAmt |
| EOY | $6,400,079 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,010,373 | BOYAmt |
| EOY | $6,101,588 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $354,532,070 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $146,772,383 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $195,041,372 | BOYAmt |
| EOY | $207,759,687 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,714,263 | BOYAmt |
| EOY | $3,711,159 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $63,173,017 | BOYAmt |
| EOY | $64,894,922 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $39,619 | BOYAmt |
| EOY | $20,707 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $307,886,217 | BOYAmt |
| EOY | $317,027,746 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,471,600 | BOYAmt |
| EOY | $12,396,649 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $115,862,217 | BOYAmt |
| EOY | $111,400,202 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $37,540,430 | BOYAmt |
| EOY | $33,633,649 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $165,874,247 | BOYAmt |
| EOY | $157,430,500 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $142,011,970 | BOYAmt |
| EOY | $159,597,246 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $142,011,970 | BOYAmt |
| EOY | $159,597,246 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $307,886,217 | BOYAmt |
| EOY | $317,027,746 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $1,726,739 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $15,858,537 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule D IRS990ScheduleD
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $354,532,070 | OtherCostOrOtherBasisAmt |
| Depreciation | $146,772,383 | DepreciationAmt |
| Book Value | $207,759,687 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $207,759,687 | TotalBookValueLandBuildingsAmt |
Invst Program Related Org InvstProgramRelatedOrgGrp (2 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| PATRONAGE CAPITAL CERTIFICATES | $64,887,802 | C |
| VA MD DE ASSOCIATION BUILDING | $7,120 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $64,894,922 | TotalBookValueProgramRltdAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)
| DescDesc | AmtAmt |
|---|---|
| ACC. OPER. PROV/ASSET RETIRE OBLIGAT | $17,442,355 |
| DEFERRED CREDITS | $9,189,827 |
| OTHER ACCRUED LIABILITIES | $4,423,245 |
| CUSTOMER DEPOSITS | $2,578,222 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $33,633,649 | TotalLiabilityAmt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (true) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (10 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt |
|---|---|---|---|---|---|
| J WILLIAM ANDREW | |||||
| PRESIDENT & CEO | $536,886 | $70,000 | $223,500 | $28,799 | $859,185 |
| GARY CRIPPS | |||||
| COO | $280,645 | $40,000 | $116,486 | $33,589 | $470,720 |
| MARK NIELSON | |||||
| VP STAFF SERV. | $167,202 | $15,000 | $22,212 | $19,833 | $224,247 |
| DAVID C SHAPLEY | |||||
| VP ENG. / OPER. | $160,301 | $21,394 | $19,756 | $201,451 | |
| ROBERT BOOK | |||||
| VP MEMBER SER | $142,530 | $17,422 | $19,516 | $179,468 | |
| CHRISTOPHER PENUEL | |||||
| 1ST CLASS SERV | $164,825 | $12,624 | $18,740 | $196,189 | |
| RICHARD H JOHNSON | |||||
| 1ST CLASS SERV | $151,059 | $12,547 | $19,080 | $182,686 | |
| BENJAMIN SALISBURY | |||||
| JOURNEYMAN LINEMAN | $132,550 | $11,670 | $9,207 | $153,427 | |
| KEVIN GA HEDGES | |||||
| 1ST CLASS SERV | $130,847 | $12,617 | $18,720 | $162,184 | |
| DAVID A HUFFMAN | |||||
| 1ST CLASS SERV | $129,718 | $12,578 | $19,080 | $161,376 | |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE J, PAGE 1, PART I, LINE 4 | J. WILLIAM ANDREW 0 187,500 0 GARY CRIPPS 0 80,769 0 |
| SCHEDULE J, PART III | DEC ESTABLISHED A SECTION 457(F) PLAN FOR THE PURPOSE OF RETAINING CERTAIN KEY INDIVIDUALS. UNDER THE TERMS OF THE PLAN, BALANCES SHALL BE 0% VESTED UNTIL JANUARY 1,2019 AT WHICH POINT 100% SHALL BE VESTED AND PAYABLE. THE AMOUNTS SHOWN ABOVE WERE ACCRUED FOR THE PARTICIPANTS IN THE PLAN ALTHOUGH THEY WERE NOT CONSIDERED VESTED AT DECEMBER 31, 2017. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| 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 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 19,935,458 NON-CASH PATRONAGE ALLOCATIONS NOT REV PER IRS 3,872,124 NET CHANGE IN MEMBERSHIPS 58,613 OTHER 6 INCREASE IN COMPREHENSIVE INCOME 3,105,900 CONTRIBUTIONS IN AID OF CONST NOT REV PER GAAP -5,598,863 NET RETIREMENT OF CAPITAL CREDITS -5,514,701 TOTAL 15,858,537 |