DELAWARE COUNTY ELECTRIC COOPERATIVE INC: Form 990, tax year 2014

View the entire original 990 at ProPublica ↗

Organization: DELAWARE COUNTY ELECTRIC COOPERATIVE INC (EIN 15-0287092)
Tax period: 2014-01-01 to 2014-12-31
Filed: 2015-06-09
IRS object ID: 201501609349300350
Schema version: 2014v5.0
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
Form 990
Schedule D
Schedule J
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2015-06-09T07:28:26-05:00	ReturnTs
Tax Period End	2014-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	161117932	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	BUFFAMANTE WHIPPLE BUTTAFARO PC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	201 WEST THIRD STREET	AddressLine1Txt
City	JAMESTOWN	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	14701	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2014-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	150287092	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	DELAWARE COUNTY ELECTRIC COOPERATIVE INC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	DELA	BusinessNameControlTxt
Phone	6077462341	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	39 ELM STREET PO BOX 471	AddressLine1Txt
City	DELHI	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	13753	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	MARK SCHNEIDER	PersonNm
Person Title	GENERAL MANAGER	PersonTitleTxt
Phone	6077462341	PhoneNum
Signature	2015-06-09	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	DAVID V DITANNA CPA	PreparerPersonNm
PTIN	P01368498	PTIN
Phone	7166645104	PhoneNum

Field	Value	IRS element (for citing)
Tax	2014	TaxYr
Build TS	2016-02-25 16:41:14Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	MARK SCHNEIDER	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	39 ELM STREET	AddressLine1Txt
City	DELHI	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	13753	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$6,300,477	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c	Yes (X)	Organization501cInd
Website Address	WWW.DCE.COOP	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1942	FormationYr
Legal Domicile State	NY	LegalDomicileStateCd
Activity Or Mission	DISTRIBUTION OF ELECTRICITY TO MEMBERS IN RURAL AREAS OF DELAWARE COUNTY, NY ON A COOPERATIVE BASIS	ActivityOrMissionDesc
Voting Members Governing Body	7	VotingMembersGoverningBodyCnt
Voting Members Independent	7	VotingMembersIndependentCnt
Total Employee	34	TotalEmployeeCnt
Total Volunteers	0	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$108,500	PYContributionsGrantsAmt
CY Contributions Grants	$0	CYContributionsGrantsAmt
PY Program Service Revenue	$5,435,143	PYProgramServiceRevenueAmt
CY Program Service Revenue	$5,955,914	CYProgramServiceRevenueAmt
PY Investment Income	$90,348	PYInvestmentIncomeAmt
CY Investment Income	$84,880	CYInvestmentIncomeAmt
PY Other Revenue	$197,661	PYOtherRevenueAmt
CY Other Revenue	$223,345	CYOtherRevenueAmt
PY Total Revenue	$5,831,652	PYTotalRevenueAmt
CY Total Revenue	$6,264,139	CYTotalRevenueAmt
PY Grants And Similar Paid	$0	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$297,108	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$658,003	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$154,900	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$159,720	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$5,379,644	PYOtherExpensesAmt
CY Other Expenses	$5,446,416	CYOtherExpensesAmt
PY Total Expenses	$5,831,652	PYTotalExpensesAmt
CY Total Expenses	$6,264,139	CYTotalExpensesAmt
PY Revenues Less Expenses	$0	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$0	CYRevenuesLessExpensesAmt
Total Assets BOY	$28,248,849	TotalAssetsBOYAmt
Total Assets EOY	$28,170,729	TotalAssetsEOYAmt
Total Liabilities BOY	$19,570,845	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$19,087,723	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$8,678,004	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$9,083,006	NetAssetsOrFundBalancesEOYAmt
Mission	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.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Desc	DISTRIBUTION OF ELECTRICITY TO MEMBERS/OWNERS IN RURAL AREAS OF DELAWARE COUNTY, NY ON A COOPERATIVE BASIS.	Desc
Described In Section501c3	0	DescribedInSection501c3Ind
Schedule B Required	0	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Temp Or Permanent Endowments	0	TempOrPermanentEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	Yes (1)	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	0	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (1)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	0	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	0	GrantsToOrganizationsInd
Grants To Individuals	0	GrantsToIndividualsInd
Schedule J Required	Yes (1)	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With Officer Ent	0	BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri	0	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	0	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	16	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Employee	34	EmployeeCnt
Employment Tax Returns Filed	0	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	0	QuidProQuoContributionsInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Members And Shr Gross Income	$8,237,278	MembersAndShrGrossIncomeAmt
Other Sources Gross Income	$129,567	OtherSourcesGrossIncomeAmt
Indoor Tanning Services	0	IndoorTanningServicesInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	7	GoverningBodyVotingMembersCnt
Independent Voting Member	7	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	Yes (1)	MembersOrStockholdersInd
Election Of Board Members	Yes (1)	ElectionOfBoardMembersInd
Decisions Subject To Approva	Yes (1)	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (1)	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (1)	CompensationProcessCEOInd
Compensation Process Other	Yes (1)	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
Other Website	Yes (X)	OtherWebsiteInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	MARK SCHNEIDER	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	6077462341	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	39 ELM STREET	AddressLine1Txt
City	DELHI	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	13753	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (8 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	OfficerOfficerInd
SHAWN HARTWELL
DIRECTOR	3.00	Yes (X)	$5,950	$0	$0
MEG HUNGERFORD
DIRECTOR	3.00	Yes (X)	$4,550	$0	$0
HARTLEY RUSSELL
VICE PRESIDENT	3.00	Yes (X)	$5,250	$0	$0	Yes (X)
STEPHEN OLES
PRESIDENT	7.50	Yes (X)	$7,125	$0	$0	Yes (X)
PAUL MENKE
SECRETARY	3.00	Yes (X)	$8,850	$0	$0	Yes (X)
FRANK WINKLER
TREASURER	7.00	Yes (X)	$10,500	$0	$0	Yes (X)
EDWARD G PICK JR
DIRECTOR	6.50	Yes (X)	$10,875	$0	$0
MARK SCHNEIDER
GENERAL MANAGER	40.00		$106,620	$0	$61,103	Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$159,720	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$61,103	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	1	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (1)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	ASPLUNDH TREE EXPERT CO	BusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	708 BLAIR MILL RD	AddressLine1Txt
City	WILLOW GROVE	CityNm
State Abbreviation	PA	StateAbbreviationCd
ZIP	19090	ZIPCd

Field	Value	IRS element (for citing)
Services	CONTRACT RIGHT OF WAY MAINTENANCE	ServicesDesc
Compensation	$175,489	CompensationAmt

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	1	CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
ELECTRIC SERVICE REVEN	221000	$8,292,625	$8,292,625
COST OF POWER	221000	-$2,336,711	-$2,336,711

Field	Value	IRS element (for citing)
Total Program Service Revenue	$5,955,914	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$83,968	TotalRevenueColumnAmt
Exclusion	$83,968	ExclusionAmt

Gross Rents GrossRentsGrp

Field	Value	IRS element (for citing)
Personal	$178,658	PersonalAmt

Less Rental Expenses LessRentalExpensesGrp

Field	Value	IRS element (for citing)
Personal	$0	PersonalAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Personal	$178,658	PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$178,658	TotalRevenueColumnAmt
Exclusion	$178,658	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Other	$912	OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Other	$0	OtherAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Other	$912	OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$912	TotalRevenueColumnAmt
Related Or Exempt Func Income	$912	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Gross Sales Of Inventory	$34,489	GrossSalesOfInventoryAmt
Cost Of Goods Sold	$36,338	CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$1,849	TotalRevenueColumnAmt
Related Or Exempt Func Income	-$1,849	RelatedOrExemptFuncIncomeAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	ExclusionExclusionAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
CAPITAL CREDIT & PATRO	221000	$42,877	$42,877
OTHER MISCELLANEOUS	221000	$3,659		$3,659

Field	Value	IRS element (for citing)
Other Revenue Total	$46,536	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$6,264,139	TotalRevenueColumnAmt
Related Or Exempt Func Income	$5,958,636	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$305,503	ExclusionAmt

Benefits To Members BenefitsToMembersGrp

Field	Value	IRS element (for citing)
Total	$658,003	TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$159,720	TotalAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$723,373	TotalAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$854,764	TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt
DISTRIBUTION MAINTENANC	$1,374,958
DISTRIBUTION OPERATION	$1,050,008
ADMINISTRATIVE & GENERA	$941,756
CONSUMER ACCOUNTS & CUS	$331,844

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$169,713	TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$6,264,139	TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$22,916	BOYAmt
EOY	$700	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$180,004	BOYAmt
EOY	$366,098	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$945,209	BOYAmt
EOY	$667,095	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Field	Value	IRS element (for citing)
BOY	$578,494	BOYAmt
EOY	$443,907	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$153,265	BOYAmt
EOY	$189,939	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$31,229,156	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$9,769,401	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$20,741,546	BOYAmt
EOY	$21,459,755	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$5,627,415	BOYAmt
EOY	$5,043,235	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$28,248,849	BOYAmt
EOY	$28,170,729	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$396,297	BOYAmt
EOY	$766,996	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$16,479,657	BOYAmt
EOY	$15,510,511	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$2,694,891	BOYAmt
EOY	$2,810,216	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$19,570,845	BOYAmt
EOY	$19,087,723	EOYAmt

Field	Value	IRS element (for citing)
Org Does Not Follow SFAS117	Yes (X)	OrgDoesNotFollowSFAS117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

Field	Value	IRS element (for citing)
BOY	$51,565	BOYAmt
EOY	$52,785	EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

Field	Value	IRS element (for citing)
BOY	$8,626,439	BOYAmt
EOY	$9,030,221	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$8,678,004	BOYAmt
EOY	$9,083,006	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$28,248,849	BOYAmt
EOY	$28,170,729	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$0	ReconcilationRevenueExpnssAmt
Other Changes In Net Assets	$405,002	OtherChangesInNetAssetsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	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 (1)	AuditCommitteeInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule D IRS990ScheduleD

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$31,229,156	OtherCostOrOtherBasisAmt
Depreciation	$9,769,401	DepreciationAmt
Book Value	$21,459,755	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$21,459,755	TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (5 entries)

DescDesc	Book ValueBookValueAmt
OTHER CURRENT ASSETS	$314,700
INVESTMENTS IN ASSOCIATED ORGANIZATIONS	$473,680
REGULATORY ASSET - OTHER POST RETIREMENT BENEFIT	$1,750,144
REGULATORY ASSET - GENERATION FACILITY	$1,345,800
REGULATORY ASSET - RS PLAN PREPAYMENT	$1,158,911

Field	Value	IRS element (for citing)
Total Book Value Other Assets	$5,043,235	TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDesc	AmtAmt
CUSTOMER DEPOSITS	$140,288
OTHER POST RETIREMENT BENEFITS	$2,669,928

Field	Value	IRS element (for citing)
Total Liability	$2,810,216	TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt	$8,600,850	TotalRevEtcAuditedFinclStmtAmt
Other Revenue	$2,336,711	OtherRevenueAmt
Revenue Not Reported	$2,336,711	RevenueNotReportedAmt
Revenue Subtotal	$6,264,139	RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt	$0	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$6,264,139	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$7,942,847	TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included	$2,336,711	OtherExpensesIncludedAmt
Expenses Not Reported	$2,336,711	ExpensesNotReportedAmt
Expenses Subtotal	$5,606,136	ExpensesSubtotalAmt
Other Expenses Not Included	$658,003	OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt	$658,003	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$6,264,139	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART XI, LINE 2D - OTHER ADJUSTMENTS:	COST OF POWER 2,336,711.
PART XI, LINE 4B - OTHER ADJUSTMENTS:	SMART GRID
PART XII, LINE 2D - OTHER ADJUSTMENTS:	COST OF POWER 2,336,711.
PART XII, LINE 4B - OTHER ADJUSTMENTS:	CURRENT YEAR MARGINS TO BE ALLOCATED TO MEMBERS 658,003. SMART GRID
XI LINE 4B	THE IRS REQUIRES THE ALLOCATION OF CURRENT YEAR MARGINS TO BE REPORTED ON THE STATEMNET OF FUNCTIONAL EXPENSES LINE 4 AS BENEFITS PAID TO OR FOR MEMBERS. UNDER GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, ALLOCATIONS OF CAPITAL CREDITS ARE NOT SHOWN AS EXPENSES ON THE COOPERATIVE'S STATEMENT OF ACTIVITIES BUT RATHER ARE ALLOCATED TO MEMBERS THROUGH EQUITY. THEREFORE, THE RECONCILIATION ABOVE IS NECESSARY TO SHOW THE DIFFERENCES BETWEEN THE IRS FORM 990 AND THE AUDITED FINANCIAL STATEMENTS. PART X, LINE 2 - THE COOPERATIVE IS EXEMPT FROM TAXES ON INCOME PURSUANT TO SECTION 501(C)(12) OF THE INTERNAL REVENUE CODE. CONSQUENTLY, THE FINANCIAL STATEMENTS REFLECT NO PROVISION FOR TAXES ON INCOME. INCOME TAX RETURNS THAT REMAIN OPEN FOR EXAMINATION BY TAXING AUTHORITIES INCLUDE 2011 AND LATER YEARS.

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Compensation Committee	Yes (X)	CompensationCommitteeInd
Form990 Of Other Organizations	Yes (X)	Form990OfOtherOrganizationsInd
Written Employment Contract	Yes (X)	WrittenEmploymentContractInd
Compensation Survey	Yes (X)	CompensationSurveyInd
Board Or Committee Approval	Yes (X)	BoardOrCommitteeApprovalInd
Severance Payment	0	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	0	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	0	EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

Field	Value	IRS element (for citing)
Person	MARK SCHNEIDER	PersonNm
Title	GENERAL MANAGER	TitleTxt
Base Compensation Filing Org	$106,620	BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs	$0	CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization	$0	BonusFilingOrganizationAmount
Bonus Related Organizations	$0	BonusRelatedOrganizationsAmt
Other Compensation Filing Org	$0	OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs	$0	OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org	$0	DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs	$0	DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org	$61,103	NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs	$0	NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org	$167,723	TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs	$0	TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org	$0	CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs	$0	CompReportPrior990RltdOrgsAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 6	MEMBERS OF RURAL ELECTRIC COOPERATIVE ARE CONSUMERS OF ELECTRICITY
FORM 990, PART VI, SECTION A, LINE 7A	THERE IS A NOMINATING COMMITTEE MADE UP OF CO-OP MEMBERS (NONE ON THE BOARD) THAT MEET AT LEAST ONCE A YEAR. THE NOMINATING COMMITTEE PRESENTS AT LEAST TWO CANDIDATES TO RUN FOR SEATS UP FOR ELECTION. PER BYLAWS, 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 BYLAWS.
FORM 990, PART VI, SECTION A, LINE 7B	FORM 990, PART VI, LINE 7B - BOARD DECISIONS ARE PASSED BY A MAJORITY VOTE OF BOARD MEMBERS. ANY PROPOSED BYLAW CHANGES ARE VOTED ON BY THE MEMBERS AT THE NEXT ANNUAL MEETING OF THE MEMBERS IN ACCORDANCE WITH THE COOPERATIVE BYLAWS.
FORM 990, PART VI, SECTION B, LINE 11	ALL DIRECTORS RECEIVE A DRAFT COPY OF THE COMPLETED FORM AND ARE ASKED TO PROVIDE CHANGES/CORRECTIONS WHICH ARE DOCUMENTED IN BOARD MEETING MINUTES. THE FINAL COMPLETED FORM IS PROVIDED TO 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 AND RECOMMENDS POSSIBLE CHANGES TO THE ENTIRE BOARD AS APPROPRIATE. 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 19	THE COOPERATIVE'S BYLAWS AND OPERATING PROCEDURES ARE PUBLICLY AVAILABLE ON THE COOPERATIVE'S WEBSITE AND AT THE OFFICE. PER COOPERATIVE BYLAWS, MEMBERS ARE PROVIDED ANNUAL REPORTS AT ANNUAL MEETINGS AND THROUGH THE COOPERATIVE'S NEWSLETTER (WHICH IS AVAILABLE AT THE COOPERATIVE'S WEBSITE). THE COOPERATIVE ALSO HAS PUBLIC DISCLOSURE POLICIES WHICH OUTLINE PROCEDURES FOR PUBLIC REQUEST FOR OTHER RELATED INFORMATION. PART VI, SECTION A, LINE 6 ANY NATURAL PERSON, FIRM, ASSOCIATION, CORPORATION, BUSINESS TRUST, PARTNERSHIP, FEDERAL AGENCY, STATE OR POLITICAL SUBDIVISION OR AGENCY THEREOF OR ANY BODY POLITIC MAY BECOME A MEMBER IN DELAWARE COUNTY ELECTRIC COOPERATIVE, INC. BY: A) FILING A WRITTEN APPLICATION FOR MEMBERSHIP; B) AGREEING TO PURCHASE FROM THE COOPERATIVE ELECTRIC ENERGY OR OTHER RELATED SERVICES FURNISHED BY THE COOPERATIVE WHEN THEY ARE MADE AVAILABLE THROUGH FACILITIES; C) AGREEING TO COMPLY WITH AND BE BOUND BY THE ARTICLES OF INCORPORATION AND BYLAWS OF THE COOPERATIVE AND ANY RULES AND REGULATIONS ADOPTED BY THE BOARD OF DIRECTORS; AND D) PAYING THE MEMBERSHIP FEE, PROVIDED THAT NO PERSON SHALL BECOME A MEMBER UNLESS AND UNTIL HE OR IT HAS BEEN ACCEPTED FOR MEMBERSHIP BY THE BOARD OF DIRECTORS OR THE MEMBERS. NO MEMBER MAY HOLD MORE THAN ONE MEMBERSHIP IN THE COOPERATIVE, AND NO MEMBERSHIP IN THE COOPERATIVE SHALL BE TRANSFERABLE.
FORM 990, PART XI, LINE 9:	DONATED CAPITAL 36,602. MEMBERSHIPS RETIRED 1,220. CURRENT YEAR MARGINS TO BE ALLOCATED 658,003. RETIREMENT OF CAPITAL CREDITS -290,823.