Choptank Electric Cooperative Inc
Denton, MD · EIN 52-0271943 · Rank 3,125 by total revenue
Choptank electric cooperative ("cec") exists to provide reliable and cost effective electricity that improves the quality of life for our member- owners. cec is committed to service excellence guided by the seven cooperative principles.
Money, Form 990 for tax year 2025
- Total revenue
- $190,063,260
- Total expenses
- $182,717,542
- Total assets
- $534,029,256
- Salary base (all salaries and wages)
- $19,564,921
- Salaries, other pay and benefits
- $22,609,190
- Employees
- 187
- Salary base per employee
- $104,625
"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 (18)
| Name | Title | Role | Hours/week | Total pay |
|---|---|---|---|---|
| Micheal E Malandro | PRESIDENT & | Officer | 29 | $782,404 |
| Timothy McGaha | VP TECH SERV | Officer | 15 | $411,176 |
| Leroy Sverduk | VP ENGINEERI | Officer | 22 | $381,364 |
| Lisa Desantis | VP & CFO | Officer | 23 | $335,855 |
| Paula J Bishop | VP H.R. | Officer | 40 | $314,079 |
| Valerie Connelly | VP GOV. AFFA | Officer | 27 | $294,612 |
| Sarah M Dahl | VP GENERAL C | Officer | 29 | $294,245 |
| Lance Lockerman | VP OPERATION | Officer | 27 | $271,942 |
| John J Burke | TREASURER | Board, Officer | 6.63 | $39,100 |
| Douglas D Scott | CHAIRMAN | Board, Officer | 3.47 | $29,500 |
| Robert E Arnold | VICE CHAIRMA | Board, Officer | 3.8 | $28,700 |
| Matthew Holloway | SECRETARY | Board, Officer | 2.02 | $24,450 |
| Donna R West | DIRECTOR | Board | 9.53 | $45,100 |
| Jeffrey D Rathell Sr | DIRECTOR | Board | 6.69 | $37,200 |
| Craig N Mathies | DIRECTOR | Board | 3.92 | $34,600 |
| Robert B Thompson | DIRECTOR | Board | 4.25 | $30,650 |
| Kristen Nickerson | DIRECTOR | Board | 3.37 | $27,700 |
| Amy I Brandt | DIRECTOR | Board | 2.62 | $27,550 |
Top 10 paid people listed
These 10 people received $3,606,196, which is 18.4% of the $19,564,921 salary base shared by 187 employees.
| Name | Title | Role | Hours/week | From this org | From related orgs | Other pay | Total |
|---|---|---|---|---|---|---|---|
| Micheal E Malandro | PRESIDENT & | Officer | 29 | $479,496 | $218,725 | $84,183 | $782,404 |
| Timothy McGaha | VP TECH SERV | Officer | 15 | $116,984 | $231,939 | $62,253 | $411,176 |
| Leroy Sverduk | VP ENGINEERI | Officer | 22 | $155,151 | $168,296 | $57,917 | $381,364 |
| Lisa Desantis | VP & CFO | Officer | 23 | $153,074 | $107,950 | $74,831 | $335,855 |
| Paula J Bishop | VP H.R. | Officer | 40 | $242,359 | $0 | $71,720 | $314,079 |
| Valerie Connelly | VP GOV. AFFA | Officer | 27 | $187,104 | $68,219 | $39,289 | $294,612 |
| Sarah M Dahl | VP GENERAL C | Officer | 29 | $172,385 | $67,868 | $53,992 | $294,245 |
| Lance Lockerman | VP OPERATION | Officer | 27 | $220,811 | $1,310 | $49,821 | $271,942 |
| Shawn Sparks | MGR OPERATIO | Highly paid employee | 36 | $172,494 | $17,760 | $74,497 | $264,751 |
| Tiffany Trautman | DIRECTOR OF | Highly paid employee | 36 | $189,551 | $19,556 | $46,661 | $255,768 |
Sources
- IRS e-file return 202611279349301711 (Form 990, period ending 2025-12-31): readable copy at ProPublica Nonprofit Explorer
- IRS Tax Exempt Organization Search for EIN 52-0271943
- Organization website (as filed): www.choptankelectric.coop