DELAWARE ELECTRIC COOPERATIVE INC: Form 990, tax year 2010

View the entire original 990 at ProPublica ↗

Organization: DELAWARE ELECTRIC COOPERATIVE INC (EIN 51-0011975)
Tax period: 2010-01-01 to 2010-12-31
Filed: 2011-11-15
IRS object ID: 201123199349304607
Schema version: 2010v3.2
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)
Timestamp	2011-11-15T09:20:16-08:00	Timestamp
Tax Period End Date	2010-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	ADAMS JENKINS CHEATHAM PC	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	231 WYLDEROSE DR	AddressLine1
City	MIDLOTHIAN	City
State	VA	State
ZIP Code	231136845	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2010-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	510011975	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	DELAWARE ELECTRIC COOPERATIVE INC	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	DELA	NameControl
Phone	3023493105	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 600	AddressLine1
City	GREENWOOD	City
State	DE	State
ZIP Code	19950	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	William J Wells	Name
Title	Director	Title
Date Signed	2011-11-15	DateSigned

Preparer Preparer

Field	Value	IRS element (for citing)
Name	G STEVEN GILLIAM CPA	Name
Phone	8043231313	Phone

Field	Value	IRS element (for citing)
Tax Year	2010	TaxYear
Build TS	2016-03-07 17:11:31Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	William J Wells	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	PO Box 600	AddressLine1
City	Greenwood	City
State	DE	State
ZIP Code	199500600	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	145255984	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
All Affiliates Included	false	AllAffiliatesIncluded
Organization501c	X	Organization501c
Web Site	www/delaware.coop	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1936	YearFormation
State Legal Domicile	DE	StateLegalDomicile
Activity Or Mission Description	Safe and effective DISTRIBUTION OF ELECTRICITY TO the members of DEC	ActivityOrMissionDescription
Nbr Voting Members Governing Body	11	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	11	NbrIndependentVotingMembers
Total Nbr Employees	134	TotalNbrEmployees
Total Gross UBI	0	TotalGrossUBI
Contributions Grants Current Year	0	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	143372590	ProgramServiceRevenuePriorYear
Program Service Revenue CY	143789919	ProgramServiceRevenueCY
Investment Income Prior Year	150949	InvestmentIncomePriorYear
Investment Income Current Year	186851	InvestmentIncomeCurrentYear
Other Revenue Prior Year	785137	OtherRevenuePriorYear
Other Revenue Current Year	1236984	OtherRevenueCurrentYear
Total Revenue Prior Year	144308676	TotalRevenuePriorYear
Total Revenue Current Year	145213754	TotalRevenueCurrentYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	11758089	SalariesEtcPriorYear
Salaries Etc Current Year	13297695	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	0	TotalFundrsngExpCurrentYear
Other Expense Prior Year	122513177	OtherExpensePriorYear
Other Expenses Current Year	119064718	OtherExpensesCurrentYear
Total Expenses Prior Year	134271266	TotalExpensesPriorYear
Total Expenses Current Year	132362413	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	10037410	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	12851341	RevenuesLessExpensesCY
Total Assets BOY	225199938	TotalAssetsBOY
Total Assets EOY	241224472	TotalAssetsEOY
Total Liabilities BOY	126142158	TotalLiabilitiesBOY
Total Liabilities EOY	126109866	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	99057780	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	115114606	NetAssetsOrFundBalancesEOY
Mission Description	Safe and effective DISTRIBUTION OF ELECTRICITY TO the members of DEC	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Description	SAFE AND EFFECTIVE DELIVERY OF ELECTRICITY to the members of DEC	Description
Described In501 C3	false	DescribedIn501C3
Schedule B Required	false	ScheduleBRequired
Political Activities	false	PoliticalActivities
Lobbying Activities	false	LobbyingActivities
Subject To Proxy Tax	false	SubjectToProxyTax
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	false	TermOrPermanentEndowments
Report Land Bldg Equip	true	ReportLandBldgEquip
Report Invest Oth Securities	false	ReportInvestOthSecurities
Report Prog Rel Invest	true	ReportProgRelInvest
Report Other Assets	false	ReportOtherAssets
Report Other Liabilities	true	ReportOtherLiabilities
Report Fin48 Footnote	false	ReportFin48Footnote
Independent Audit Financial Stmt	false	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	false	ConsolidatedAuditFinancialStmt
School	false	School
Foreign Office	false	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	false	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	false	GrantsToOrganizations
Grants To Individuals	false	GrantsToIndividuals
Schedule J Required	true	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Invest Tax Exempt Bonds	false	InvestTaxExemptBonds
Escrow Account	false	EscrowAccount
On Behalf Of Issuer	false	OnBehalfOfIssuer
Excess Benefit Transaction	false	ExcessBenefitTransaction
Prior Excess Benefit Transaction	false	PriorExcessBenefitTransaction
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	false	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	false	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	false	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Transaction Related Entity	false	TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org	false	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	58	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	true	ComplianceWithBackupWitholding
Number Of Employees	134	NumberOfEmployees
Employment Tax Returns Filed	true	EmploymentTaxReturnsFiled
Unrelated Business Income	false	UnrelatedBusinessIncome
Form990-T Filed	false	Form990-TFiled
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Form8886 T Filed	false	Form8886TFiled
Non Deductible Contributions	false	NonDeductibleContributions
Non Deductible Disclosure	false	NonDeductibleDisclosure
Excess Business Holdings	false	ExcessBusinessHoldings
Taxable Distributions	false	TaxableDistributions
Distribution To Donor	false	DistributionToDonor
Gross Income From Members	141129041	GrossIncomeFromMembers
Gross Income Other Sources	3261817	GrossIncomeOtherSources
Filed Lieu1041	false	FiledLieu1041
Licensed More Than One State	false	LicensedMoreThanOneState
Indoor Tanning Services	false	IndoorTanningServices
Form720 Filed	false	Form720Filed
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	11	NbrVotingGoverningBodyMembers
Number Independent Voting Members	11	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	true	MembersOrStockholders
Election Of Board Members	true	ElectionOfBoardMembers
Decisions Subject To Approval	true	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Policies Reference Chapters	false	PoliciesReferenceChapters
Form990 Provided To Governing Body	true	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	true	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	false	RegularMonitoringEnforcement
Whistleblower Policy	true	WhistleblowerPolicy
Document Retention Policy	true	DocumentRetentionPolicy
Compensation Process CEO	true	CompensationProcessCEO
Compensation Process Other	true	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
Written Policy Or Procedure	false	WrittenPolicyOrProcedure
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	Delaware Electric Cooperative	NamePerson
Telephone Number	3023493105	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	14198 Sussex Highway	AddressLine1
City	Greenwood	City
State	DE	State
ZIP Code	199500600	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (22 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	OfficerOfficer	Highest Compensated EmployeeHighestCompensatedEmployee
William W Noel jr
Director	10.00	X	16814	0	0
William P Haughey Jr
Director	13.00	X	9033	0	0
William J Wells
Chairman	11.00	X	17324	0	0	X
William Andrew
President & CEO	40.00		396195	0	48895	X
SHANE PAYNE
Lineman	57.00		119783	0	25876		X
Richard G Frazer
Director	11.00	X	11791	0	0
Patricia S Dorey
Asst Sec/Treas.	11.00	X	14960	0	0	X
Mark Nielson
VP Staff Serv.	40.00		125422	0	32547	X
Layton Wheeler
VP Member Ser	40.00		151609	0	35055	X
Laura T Phillips
Sec / Treas.	10.00	X	13451	0	0	X
Kenneth Ellers
VP Eng. / Oper.	40.00		151487	0	27169	X
Howard Clendaniel
Director	18.00	X	15883	0	0
GREGORY WILLIAMSON
HOT BUCK. CREW CH	0.00		110889	0	26125		X
GENE WELLS
MGR. OPER.	40.00		131182	0	37955		X
Gary Cripps
VP Finance & IT	40.00		151539	0	29332	X
Fay Shockley
VP HR & Admin	1.00		46848	0	912	X
Dean C Belt
Director	7.00	X	15854	0	0
CHRISTOPHER PENUEL
1ST CLASS SERV.	56.00		117518	0	25477		X
Christopher L Andrews
First Class Serv.	56.00		112950	0	25096		X
Charles Towles jr
Director	4.00	X	17296	0	0
Charles R Sears
Director	11.00	X	11324	0	0
Bruce A Henry
Vice Chairman	15.00	X	13234	0	0	X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	1772386	TotalReportableCompFromOrg
Total Other Compensation	314439	TotalOtherCompensation
Number Individuals GT100 K	16	NumberIndividualsGT100K
Formers Listed	false	FormersListed
Total Comp GT150 K	true	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources

Contractor Compensation ContractorCompensation (5 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1	CityAddressOfContractor/AddressUS/City	StateAddressOfContractor/AddressUS/State	ZIP CodeAddressOfContractor/AddressUS/ZIPCode	Description Of ServicesDescriptionOfServices	CompensationCompensation
Utility Line Construction Inc
PO Box 7780-5124	Philadelphia	PA	19182	Utility Services	3154385
Osmose Utilities Services
PO BOX 8000	BUFFALO	NY	14267	POLE INSPECTIONS	377185
Jones Onslow Electric
259 Western Blvd	Jacksonville	NC	28546	Utilitiy Services	258062
Coveys Car Care
1300 Middleford Rd	Seaford	DE	19973	Mechanics	153169
Asplundh Tree Expert Co
PO Box 827464	Philadelphia	PA	19182	Tree Removal	1939745

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	5	NumberOfContractorsGT100K
Total Contributions	0	TotalContributions

Program Service Revenue ProgramServiceRevenue (2 entries)

DescriptionDescription	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
SALE AND DIST. OF ELECT.	140898229	140898229
Cont. in aid of const.	2891690	2891690

Field	Value	IRS element (for citing)
Total Program Service Revenue	143789919	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	216584	TotalRevenueColumn
Exclusion	$216,584	ExclusionAmount

Income From Invest Bond Proceeds IncomeFromInvestBondProceeds

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Royalties Revenue RoyaltiesRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Gross Rents GrossRents

Field	Value	IRS element (for citing)
Personal	865126	Personal

Rental Income Or Loss RentalIncomeOrLoss

Field	Value	IRS element (for citing)
Personal	865126	Personal

Net Rental Income Or Loss NetRentalIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	865126	TotalRevenueColumn
Exclusion	$865,126	ExclusionAmount

Gross Amount Sales Assets GrossAmountSalesAssets

Field	Value	IRS element (for citing)
Other	12497	Other

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

Field	Value	IRS element (for citing)
Other	42230	Other

Gain Or Loss GainOrLoss

Field	Value	IRS element (for citing)
Other	-29733	Other

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	-29733	TotalRevenueColumn
Exclusion	-$29,733	ExclusionAmount

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Net Income From Gaming NetIncomeFromGaming

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Net Income Or Loss NetIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Other Revenue Misc OtherRevenueMisc (2 entries)

DescriptionDescription	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
PATRONAGE CAPITAL	141046	141046
OTHER NONOPERATING INCOME	230812	230812

Field	Value	IRS element (for citing)
Total Other Revenue	371858	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	145213754	TotalRevenueColumn
Related Or Exempt Function Income	144161777	RelatedOrExemptFunctionIncome
Exclusion	$1,051,977	ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

Field	Value	IRS element (for citing)
Total	0	Total

Grants To Domestic Individuals GrantsToDomesticIndividuals

Field	Value	IRS element (for citing)
Total	0	Total

Foreign Grants ForeignGrants

Field	Value	IRS element (for citing)
Total	0	Total

Benefits To Members BenefitsToMembers

Field	Value	IRS element (for citing)
Total	0	Total

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	1353974	Total

Comp Disqual Persons CompDisqualPersons

Field	Value	IRS element (for citing)
Total	0	Total

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	9151874	Total

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	1022853	Total

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	954996	Total

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	813998	Total

Fees For Services Management FeesForServicesManagement

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	112366	Total

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Lobbying FeesForServicesLobbying

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	0	Total

Advertising Advertising

Field	Value	IRS element (for citing)
Total	0	Total

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	0	Total

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	0	Total

Royalties Royalties

Field	Value	IRS element (for citing)
Total	0	Total

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	0	Total

Travel Travel

Field	Value	IRS element (for citing)
Total	0	Total

Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials

Field	Value	IRS element (for citing)
Total	0	Total

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	0	Total

Interest Interest

Field	Value	IRS element (for citing)
Total	4090508	Total

Payments To Affiliates PaymentsToAffiliates

Field	Value	IRS element (for citing)
Total	0	Total

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	9830287	Total

Insurance Insurance

Field	Value	IRS element (for citing)
Total	0	Total

Other Expenses OtherExpenses (5 entries)

DescriptionDescription	TotalTotal
Power cost	99952504
Distribution Operation	1250260
Distribution Maintenance	3041394
Consumer accounts	1409157
Admin & General	2445079

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	-3066837	Total

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	132362413	Total
Program Services	0	ProgramServices
Management And General	0	ManagementAndGeneral
Fundraising	0	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	1435080	BOY
EOY	2454637	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	4252148	BOY
EOY	3225023	EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

Field	Value	IRS element (for citing)
EOY	0	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	15702105	BOY
EOY	19924220	EOY

Receivables From Officers Etc ReceivablesFromOfficersEtc

Field	Value	IRS element (for citing)
EOY	0	EOY

Receivables From Disqual Persons ReceivablesFromDisqualPersons

Field	Value	IRS element (for citing)
EOY	0	EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

Field	Value	IRS element (for citing)
EOY	0	EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

Field	Value	IRS element (for citing)
BOY	1446235	BOY
EOY	1649830	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	572510	BOY
EOY	1851085	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	261510779	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	106738751	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	153052990	BOY
EOY	154772028	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
EOY	0	EOY

Investments Other Securities InvestmentsOtherSecurities

Field	Value	IRS element (for citing)
EOY	0	EOY

Investments Program Related InvestmentsProgramRelated

Field	Value	IRS element (for citing)
BOY	45491548	BOY
EOY	54067914	EOY

Intangible Assets IntangibleAssets

Field	Value	IRS element (for citing)
EOY	0	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	3247322	BOY
EOY	3279735	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	225199938	BOY
EOY	241224472	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	10352197	BOY
EOY	10824795	EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

Field	Value	IRS element (for citing)
BOY	87798285	BOY
EOY	85076433	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	27991676	BOY
EOY	30208638	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	126142158	BOY
EOY	126109866	EOY

Field	Value	IRS element (for citing)
Do Not Follow SFAS117	X	DoNotFollowSFAS117

Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc

Field	Value	IRS element (for citing)
BOY	99057780	BOY
EOY	115114606	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	99057780	BOY
EOY	115114606	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	225199938	BOY
EOY	241224472	EOY

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	X	InfoInScheduleOPartXI
Reconcilation Revenue Expenses	12851341	ReconcilationRevenueExpenses
Reconcilation Other Changes	3205485	ReconcilationOtherChanges
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	true	FSAudited
Audit Committee	true	AuditCommittee
Financial Statement Separate	X	FinancialStatementSeparate
Federal Grant Audit Required	true	FederalGrantAuditRequired
Federal Grant Audit Performed	true	FederalGrantAuditPerformed

Schedule D IRS990ScheduleD

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	261510779	OtherCostOrOtherBasis
Depreciation	106738751	Depreciation
Book Value	154772028	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	154772028	TotalOfBookValueLandBuildings
Total Of Book Value Program Related	54067914	TotalOfBookValueProgramRelated

Other Liabilities OtherLiabilities (5 entries)

DescriptionDescription	AmountAmount
Other Accrued Liabilities	$4,209,460
Deferred credits	$10,518,308
Customer Deposits	$980,855
Capital Lease Obligation	$1,179,443
Acc. Oper. Prov/Asset Retire Oblig.	$13,320,572

Field	Value	IRS element (for citing)
Total Of Amounts	30208638	TotalOfAmounts

Form990 Schedule D Part XIV Form990ScheduleDPartXIV

Field	Value	IRS element (for citing)
Identifier	Part XI, Line 8	Identifier
Return Reference	Part XI, Line 8: Other Changes in Net Assets or Fund Balances	ReturnReference
Explanation	Adj for Capital Credits Rec'd $8625733 Memberships $36760 Donated Capital $2265 CIAC $ -2891690 Retirement of Capital Credits $ -2567583	Explanation

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Compensation Committee	X	CompensationCommittee
Independent Consultant	X	IndependentConsultant
Form990 Of Other Organizations	X	Form990OfOtherOrganizations
Compensation Survey	X	CompensationSurvey
Board Or Committee Approval	X	BoardOrCommitteeApproval
Severance Payment	false	SeverancePayment
Supplemental Nonqual Retire Plan	false	SupplementalNonqualRetirePlan
Equity Based Comp Arrangement	false	EquityBasedCompArrangement

Form990 Schedule J Part II Form990ScheduleJPartII (6 entries)

Base Compensation Filing OrgBaseCompensationFilingOrg	Bonus Filing OrgBonusFilingOrg	Deferred Comp Filing OrgDeferredCompFilingOrg	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg	Total Compensation Filing OrgTotalCompensationFilingOrg
William Andrew
346195	50000	32500	16395	445090
Mark Nielson
125422		16152	16395	157969
Layton Wheeler
151609		18660	16395	186664
Kenneth Ellers
151487		19652	7517	178656
GENE WELLS
131182		21560	16395	169137
Gary Cripps
151539		21815	7517	180871

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (5 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
Form 990, Part VI, Line 19	Form 990, Part VI, Line 19: Other Organization Documents Publicly Available	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 VI, Line 15b	Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees	The board of directors approve the compensation levels for the CEO and 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, Part VI, Line 11	Form 990, Part VI, Line 11: Form 990 Review Process	990 is reviewed with the board of directors prior to filing with the IRS.
Form 990, Part VI, Line 7a	Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body	Members of the governing board are elected by the membership at the annual membership meeting as provided for in the bylaws.
Form 990, Part VI, Line 6	Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder	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.