Delaware Electric Cooperative Inc
Greenwood, DE · EIN 51-0011975 · Rank 2,473 by total revenue
Safe and effective distribution of electricity to the members of dec
Money, Form 990 for tax year 2025
- Total revenue
- $257,934,054
- Total expenses
- $245,575,627
- Total assets
- $508,679,399
- Salary base (all salaries and wages)
- $23,756,862
- Salaries, other pay and benefits
- $28,683,107
- Employees
- 201
- Salary base per employee
- $118,193
"Salary base" is Form 990 Part IX lines 5 to 7. "Employees" is everyone who got a W-2 that year, full or part time. Form 990-EZ and 990-PF report pay differently; see About the data.
Leadership (19)
| Name | Title | Role | Hours/week | Total pay |
|---|---|---|---|---|
| Robert Book | PRESIDENT/CE | Officer | 55 | $548,076 |
| Dwayne Street | COO | Officer | 55 | $386,796 |
| Jesse Spampinato | VP OPERATION | Officer | 50 | $335,613 |
| Kyle Bouika | VP INFO TECH | Officer | 50 | $332,722 |
| Troy Dickerson | VP ENGINEERI | Officer | 50 | $325,150 |
| Dawn R Smart | VP HUMAN RES | Officer | 50 | $321,707 |
| Bruce Campbell | VP FINANCE | Officer | 50 | $316,593 |
| Kevin Yingling | VP MEMBER SE | Officer | 50 | $311,511 |
| Laura T Phillips | SEC / TREAS | Board, Officer | 10 | $35,850 |
| Patricia S Dorey | CHAIRPERSON | Board, Officer | 25 | $33,825 |
| Michael K Brown | VICE CHAIRMA | Board, Officer | 9.5 | $32,100 |
| William P Haughey Jr | ASST SEC/TRE | Board, Officer | 9 | $31,800 |
| Mark Abbott | DIRECTOR | Board | 12 | $34,900 |
| Blaine M Daisey Sr | DIRECTOR | Board | 8 | $31,100 |
| Charles L Towles | DIRECTOR | Board | 9.5 | $28,100 |
| Bruce R Walton | DIRECTOR | Board | 12 | $26,700 |
| Thomas E Brown | DIRECTOR | Board | 10 | $26,200 |
| Jeffrey Chorman | DIRECTOR | Board | 15 | $24,900 |
| Hunter Emory | DIRECTOR | Board | 3 | $19,500 |
Top 10 paid people listed
These 10 people received $3,426,764, which is 14.4% of the $23,756,862 salary base shared by 201 employees.
| Name | Title | Role | Hours/week | From this org | From related orgs | Other pay | Total |
|---|---|---|---|---|---|---|---|
| Robert Book | PRESIDENT/CE | Officer | 55 | $465,155 | $0 | $82,921 | $548,076 |
| Dwayne Street | COO | Officer | 55 | $314,668 | $0 | $72,128 | $386,796 |
| Jesse Spampinato | VP OPERATION | Officer | 50 | $261,469 | $0 | $74,144 | $335,613 |
| Kyle Bouika | VP INFO TECH | Officer | 50 | $269,717 | $0 | $63,005 | $332,722 |
| Troy Dickerson | VP ENGINEERI | Officer | 50 | $254,147 | $0 | $71,003 | $325,150 |
| Dawn R Smart | VP HUMAN RES | Officer | 50 | $258,024 | $0 | $63,683 | $321,707 |
| Bruce Campbell | VP FINANCE | Officer | 50 | $255,733 | $0 | $60,860 | $316,593 |
| Kevin Yingling | VP MEMBER SE | Officer | 50 | $263,347 | $0 | $48,164 | $311,511 |
| David C Shapley | MGR OF RENEW | Highly paid employee | 40 | $223,219 | $0 | $54,734 | $277,953 |
| Richard H Johnson | SERVICEMAN | Highly paid employee | 61 | $231,136 | $0 | $39,507 | $270,643 |
Sources
- IRS e-file return 202601489349300880 (Form 990, period ending 2025-12-31): readable copy at ProPublica Nonprofit Explorer
- IRS Tax Exempt Organization Search for EIN 51-0011975
- Organization website (as filed): www.delaware.coop