Mission
SAFE AND EFFECTIVE DISTRIBUTION OF ELECTRICITY TO THE MEMBERS OF DEC
Public Charity
DELAWARE ELECTRIC COOPERATIVE INC
DELAWARE ELECTRIC COOPERATIVE INC, of GREENWOOD, DE, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $257.9M in revenue, $245.6M in expenses, $508.7M in total assets. IRS filings disclose 37 grants awarded by this foundation, totaling roughly $1.4M.
EIN: 510011975
GREENWOOD, DE
Latest filing: 2025
Total Revenue$257.9M
Total Expenses$245.6M
Total Assets$508.7M
Grants Given37
Grant Total$1.4M
Filing Years2021–2025
Sample Grants Given
CHARITABLE
$51,500
CHARITABLE
$51,200
CHARITABLE
$25,000
CHARITABLE
$20,000
CHARITABLE
$15,000
Showing up to 5 of 37 total records — full history available with membership.
Officers & Directors
SERVICEMAN
Benjamin Salisbury
DIRECTOR
Blaine M Daisey Sr
VP FINANCE
Bruce Campbell
DIRECTOR
Bruce R Walton
DIRECTOR
Charles L Towles
SERVICEMAN
Christopher J Penuel
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $257.9M | $245.6M | $508.7M |
| 2024 | $254.8M | $233.8M | $452.2M |
| 2023 | $245.3M | $231.5M | $433.0M |
| 2022 | $226.8M | $212.3M | $429.2M |
| 2021 | $189.1M | $181.8M | $392.8M |
Between 2021 and 2025, reported annual revenue grew from $189.1M to $257.9M (+36%), with total assets most recently reported at $508.7M.
Interactive year-over-year charts and full filing details available with membership.
Grant Geography
Grants from this foundation were reported to recipients in DE, VA.
DEVA
Full geographic grant map with state-by-state breakdown available with membership.