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 2024 filing shows $254.8M in revenue, $233.8M in expenses, $452.2M in total assets. IRS filings disclose 28 grants awarded by this foundation, totaling roughly $1.2M.
EIN: 510011975
GREENWOOD, DE
Latest filing: 2024
Total Revenue$254.8M
Total Expenses$233.8M
Total Assets$452.2M
Grants Given28
Grant Total$1.2M
Filing Years2020–2024
Sample Grants Given
CHARITABLE
$200,000
CHARITABLE
$54,000
CHARITABLE
$50,000
CHARITABLE
$50,000
CHARITABLE
$25,000
Showing up to 5 of 28 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 |
|---|---|---|---|
| 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 |
| 2020 | $188.3M | $181.8M | $361.1M |
Between 2020 and 2024, reported annual revenue grew from $188.3M to $254.8M (+35%), with total assets most recently reported at $452.2M.
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.