Delaware Electric Cooperative Inc
Safe and effective distribution of electricity to the members of dec
Delaware Electric Cooperative Inc at a glance
In short: Delaware Electric Cooperative Inc gave $198K across 9 grants in 2025 (avg $22K), mostly in Delaware. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $197,950
- -52.2% vs 2024
- Grants made (2025)
- 9
- +12.5% vs 2024
- Average grant
- $21,994
- -57.5% vs 2024
- Median grant
- $15,000
- Total assets
- $508,679,399
- +12.5% vs 2024
- Primary geography
- Delaware (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Delaware Electric Cooperative Inc funds
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2025
The largest 2025 recipient was Bay Health Foundation ($52K). Together the top 9 received $198K.
Grant Size Distribution
27 grants across all recorded years
The most common grant size was under $50K: 15 grants of 27 (56%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 9 itemized grants.
Cities
How Delaware Electric Cooperative Inc gives
- Giving grew 47% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $116K (2023) to $414K (2024). In 2025 it made 9 grants totaling $198K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Bay Health Foundation Dover, DE | Charitable | $51,500 |
| Beebe Medical Foundation Lewes, DE | Charitable | $51,200 |
| Delaware Prosperity Partnership Wilmington, DE | Charitable | $25,000 |
| Greenwood Fire CO Greenwood, DE | Charitable | $20,000 |
| Food Bank of Delaware Milford, DE | Charitable | $15,000 |
| Sussex County Land Trust Lewes, DE | Charitable | $15,000 |
| Delaware Technical Comm College Dover, DE | Charitable | $7,500 |
| Special Olympics Delaware Newark, DE | Charitable | $6,750 |
| De Vol Firefighters Association Dover, DE | Charitable | $6,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $508,679,399 | $257,934,054 | $245,575,627 | $197,950 | 9 | $891,615 |
| 2024 | $452,244,389 | $254,849,361 | $233,785,051 | $413,771 | 8 | $1,076,932 |
| 2023 | $432,972,404 | $245,267,841 | $231,540,918 | $116,000 | 4 | $941,078 |
| 2022 | $429,246,863 | $226,822,126 | $212,282,144 | $135,000 | 3 | $479,483 |
| 2021 | $392,759,569 | $189,130,063 | $181,830,032 | $135,500 | 3 | $191,395 |
| 2020 | $361,052,083 | $188,253,074 | $181,762,662 | $135,000 | 4 | $115,026 |
About Delaware Electric Cooperative Inc
Based on IRS filings
Delaware Electric Cooperative Inc is a public charity focused on N/A, based in Greenwood, DE. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $508.7M in total assets. In 2025, it awarded 9 grants totaling $198K. Net investment income was $892K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Delaware Electric Cooperative Inc is led by Robert Book, President since 2022 (on filings since 2020); all 24 officers listed in 2025 are compensated.
Officers on the 2025 filing
Robert Book
President
Vice President Member Se → President, 2022
On filings since 2020
55 hrs/week
$183K (2020) → $465K (2025)
Patricia S. Dorey
Chairperson
Assistant Secretary & Treasurer → Chairperson, 2021
On filings since 2020
25 hrs/week
$19K (2020) → $34K (2025)
Blaine M. Daisey Sr.
Director
On filings since 2020
8 hrs/week
$20K (2020) → $31K (2025)
Bruce R. Walton
Director
On filings since 2020
12 hrs/week
$19K (2020) → $27K (2025)
Charles L. Towles Jr.
Director
On filings since 2020
9.5 hrs/week
$22K (2020) → $28K (2025)
Thomas E. Brown
Director
On filings since 2020
10 hrs/week
$850 (2020) → $26K (2025)
Hunter Emory
Director
On filings since 2021
3 hrs/week
$20K (2021) → $20K (2025)
Jeffrey Chorman
Director
On filings since 2024
15 hrs/week
$8K (2024) → $25K (2025)
Mark Abbott
Director
On filings since 2024
12 hrs/week
$25K (2024) → $35K (2025)
Benjamin Salisbury
Serviceman
Journeyman L → Crew Chief, 2023
Crew Chief → Serviceman, 2024
On filings since 2020
55 hrs/week
$162K (2020) → $200K (2025)
Bruce Campbell
Vice President Finance
Vptreasury → Vice President Finance, 2022
On filings since 2020
50 hrs/week
$122K (2020) → $256K (2025)
Christopher J. Penuel
Serviceman
Serviceman → 1st Class Se, 2021
1st Class Se → Serviceman, 2024
On filings since 2020
57 hrs/week
$197K (2020) → $207K (2025)
David C. Shapley
Manager of Renew
Vice President Engineeri → Vice President Strategy, 2022
Vice President Strategy → Manager of Renew, 2024
On filings since 2020
40 hrs/week
$188K (2020) → $223K (2025)
Dawn R. Smart
Vice President Human Res
On filings since 2020
50 hrs/week
$134K (2020) → $258K (2025)
Dwayne Street
COO
Vice President Technolog → CIO, 2022
CIO → COO, 2023
On filings since 2020
55 hrs/week
$139K (2020) → $315K (2025)
Jesse Spampinato
Vice President Operations
On filings since 2020
50 hrs/week
$141K (2020) → $261K (2025)
Laura T. Phillips
Secretary & Treasurer
On filings since 2020
10 hrs/week
$26K (2020) → $36K (2025)
Michael K. Brown
Vice Chairman
Director-At- → Vice Chairman, 2021
On filings since 2020
9.5 hrs/week
$20K (2020) → $32K (2025)
Richard H. Johnson
Serviceman
Serviceman → 1st Class Se, 2021
1st Class Se → Serviceman, 2024
On filings since 2020
61 hrs/week
$205K (2020) → $231K (2025)
Troy Dickerson
Vice President Engineeri
Assistant Vice President Eng → Vice President Engineeri, 2022
On filings since 2020
50 hrs/week
$131K (2020) → $254K (2025)
William P. Haughey Jr.
Assistant Secretary & Treasurer
Director → Assistant Secretary & Treasurer, 2021
On filings since 2020
9 hrs/week
$23K (2020) → $32K (2025)
Stephen Hearn
Manager of O
Journeyman L → Manager of O, 2024
On filings since 2021
40 hrs/week
$152K (2021) → $218K (2025)
Kevin Yingling
Vice President Member Se
On filings since 2022
50 hrs/week
$114K (2022) → $263K (2025)
Kyle Bouika
Vice President Info Tech
On filings since 2023
50 hrs/week
$135K (2023) → $270K (2025)
Former officers (14)
- Former: William J. Wells (2020–2024) — Former Director
- Former: Bruce A. Henry (2020–2023) — Former Director
- Former: Dale Breeding (2023) — Journeyman L
- Former: David Morgan (2023) — Journeyman L
- Former: J. William Andrew (2020–2022) — Former President
- Former: Mark Nielson (2020–2022) — Vice President Staff Ser
- Former: Sheron Sturgis (2020–2022) — Journeyman L
- Former: Thomas Beamon (2020–2022) — CFO & Senior Vice President
- Former: Gregory Starheim (2021–2022) — Former President
- Former: Shannon Brown (2022) — Vice President Accountin
- Former: Shane Payne (2021) — Journeyman L
- Former: Dean C. Belt (2020) — Director
- Former: Gregory Williamson (2020) — Serviceman
- Former: William W. Noel Jr. (2020) — Director
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $465K, to Robert Book (President/Ce). 24 officers or directors reported compensation on that filing.
Frequently asked questions about Delaware Electric Cooperative Inc
How much does Delaware Electric Cooperative Inc give each year?
Delaware Electric Cooperative Inc gave $198K across 9 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $414K across 8 grants.
What is Delaware Electric Cooperative Inc's typical grant size?
Delaware Electric Cooperative Inc's median grant in 2025 was $15,000, and its average grant was $21,994, across 9 grants on its 2025 IRS Form 990.
Where does Delaware Electric Cooperative Inc give grants?
Delaware Electric Cooperative Inc gives mostly in Delaware: 100% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The most frequent recipient cities were Dover, DE (3 grants) and Lewes, DE (2 grants).
Does Delaware Electric Cooperative Inc give general operating support?
Not in 2025: none of the 9 grants with a stated purpose on Delaware Electric Cooperative Inc's 2025 IRS Form 990 were described as general or operating support. Recurring purposes include "Charitable" (9 grants).
Who are Delaware Electric Cooperative Inc's largest grantees?
Delaware Electric Cooperative Inc's largest 2025 grantees include Bay Health Foundation ($51,500), Beebe Medical Foundation ($51,200) and Delaware Prosperity Partnership ($25,000), according to its 2025 IRS Form 990. Together they received 65% of its itemized 2025 grant dollars.
How large is Delaware Electric Cooperative Inc?
Delaware Electric Cooperative Inc reported $508.7M in total assets on its 2025 IRS Form 990. Its revenue that year was $257.9M.
What is Delaware Electric Cooperative Inc?
Delaware Electric Cooperative Inc is a public charity focused on N/A, based in Greenwood, DE. It holds $508.7M in total assets as of 2025.
What is Delaware Electric Cooperative Inc's EIN?
Delaware Electric Cooperative Inc's EIN (Employer Identification Number) is 51-0011975. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 15, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS March 1, 2023)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 3, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS May 15, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS May 14, 2025)
- Updated Form 990 for fiscal year 2025 (received by the IRS May 28, 2026)
Other open foundation grants in Delaware
Delaware Open opportunities, soonest deadline first.
- CIDQ Emerging Interior Design Educator Scholarship Program NCIDQ Exam fees (exam-fee voucher; excludes application fees and study materials) · Due October 31, 2026
- CIDQ Scholarship ACCESS Program (SAP) NCIDQ Exam fees (exam-fee voucher; excludes application fees and study materials) · Due October 31, 2026
- Dental Trade Alliance Foundation Grants Due November 30, 2026
Explore Open Grants
Browse active grant opportunities in Delaware Electric Cooperative Inc's focus areas in our free grants database
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Delaware Electric Cooperative Inc down — hundreds of funders to go?