Delaware Electric Cooperative Inc

Other · Greenwood, Delaware

14198 Sussex Hwy, Greenwood, DE 19950-6009

EIN: 510011975· Founded: Nov 1938· 88 years active· Filing Year: 2023

Annual Revenue

$245.3M

Total Expenses

$231.5M

Total Assets

$433.0M

Program Spending

105%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$2.4M

1.0% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$17.7M

Total Payroll

$20.1M

9% of total expenses

Where the Money Goes

100%

Programs: 100%

Payroll: 9%

Other overhead: -5%

Program Revenue$243.0M (99%)

Total Expenses$231.5M (94%)

Payroll$20.1M (9%)

Overhead (non-program)-5%

Trust Score Breakdown

Program Spending Ratio

105% of expenses go to programs

40%

Revenue & Stability

$245.3M annual revenue

15%

Executive Compensation

$2.4M total officer comp (1.0% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$433.0M in assets

10%

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Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.