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Nonprofit · EIN 15-0287092

DELAWARE COUNTY ELECTRIC COOPERATIVE INC

Tax-exempt · DELHI, NY 13753

Financials

$9.6M$9.7M2023$10.3M$10.2M2024
Revenue Expenses · by fiscal year end
Financials of DELAWARE COUNTY ELECTRIC COOPERATIVE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$10,285,821$10,208,051$77,770$32,113,412$20,524,272$11,589,140
December 31, 2023990$9,633,848$9,716,803-$82,955$29,903,337$18,510,336$11,393,001
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$10,198,677
Investment income
$17,434
Other revenue
$69,710

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$56,310
Compensation of officers, directors and key employees
$599,400
Salaries, compensation and benefits (total)
$599,400
Professional fundraising fees
$0
Depreciation
$1,191,011

Balance sheet and other

Total assets, start of year
$29,903,337
Total assets, end of year
$32,113,412
Total liabilities, end of year
$20,524,272
Net assets, end of year
$11,589,140
Land, buildings and equipment
$25,899,926
Gross receipts
$10,285,821
Employees
34
Volunteers
0
Year formed
1942
State of legal domicile
NY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
MICHAEL PIETRANTONILINE SUPERINTENDENT
Highest-paid employee
47.2$167,873$91,668
DAVID SCHMIDTADVANCED LINE TECHNICIAN
Highest-paid employee
47.7$157,852$68,725
JOHN GASSTROMCEO/GM
Officer
44.9$182,350$39,988
MICHAEL SCHAFERADVANCED LINE SUPERINTEDENT
Highest-paid employee
48.3$160,537$56,230
JAMES GREENADVANCED LINE TECHNICIAN
Highest-paid employee
47.6$151,460$63,137
STEVEN LITTLEADVANCED LINE TECHNICIAN
Highest-paid employee
47.5$152,287$60,136
MARK CANNIZZAROCFO
Officer
47.5$141,460$52,066
RYAN SULLIVAN FORMERCOO
Officer
40$64,330$11,541
AMY WARDCOO
Officer
40$49,020$2,720
EDWARD PICKPRESIDENT
Trustee or director, Officer
5.5$15,925$0
LAURIE WEHMEYERSECRETARY
Trustee or director, Officer
3.5$10,125$0
JEFFREY RUSSELLVICE PRESIDENT
Trustee or director, Officer
3$9,475$0
EDWARD FURGOLTREASURER
Trustee or director, Officer
3$9,000$0
PATRICK O'BRIENDIRECTOR
Trustee or director
2$4,800$0
DAVID KRZYSTONDIRECTOR
Trustee or director
2$3,900$0
1 more people on this return
NameTitleHours / weekCompensation
ROSS GILLDIRECTOR
Trustee or director
3$2,700
990 for the year ended December 31, 2023: 15 people
NameTitleHours / weekCompensationOther / benefits
MICHAEL PIETRANTONIWORKING SUPERINTENDENT
Highest-paid employee
46.8$132,612$59,796
JOHN GASSTROMCEO/GM
Officer
49.3$156,586$33,946
MICHAEL SCHAFERJOURNEYMAN LINEMAN
Highest-paid employee
45.7$124,006$44,718
MARK CANNIZZAROCFO
Officer
46.5$127,996$37,264
DAVID SCHMIDTJOURNEYMAN LINEMAN
Highest-paid employee
44.9$116,302$48,474
JAMES GREENJOURNEYMAN LINEMAN
Highest-paid employee
45.4$118,100$41,748
RYAN SULLIVANCOO
Officer
46$112,786$34,127
MICAH SCOBIEJOURNEYMAN LINEMAN
Highest-paid employee
44.5$114,726$17,057
EDWARD PICKPRESIDENT
Trustee or director, Officer
7$17,525$0
LAURIE WEHMEYERSECRETARY
Trustee or director, Officer
5$13,125$0
JEFFREY RUSSELLVICE PRESIDENT
Trustee or director, Officer
4$9,750$0
EDWARD FURGOLTREASURER
Trustee or director, Officer
3.5$8,525$0
STEPHEN OLESDIRECTOR
Trustee or director
3$7,000$0
PATRICK O'BRIENDIRECTOR
Trustee or director
2.5$2,100$0
DAVID KRZYSTONDIRECTOR
Trustee or director
2$1,800$0

Address and contacts

Address (IRS master file)
5 N DEPOT ST, DELHI, NY 13753-0000
Principal officer (990 for 2024)
John Gasstrom, 5 DEPOT STREET, DELHI, NY 13753
Signed the 990
John Gasstrom, CEO/ GM
Phone
(607) 746-2341
Return prepared by
Fiore Fedeli Snyder Carothers LLP

Mission

THE AIM OF THE DELAWARE COUNTY ELECTRIC COOPERATIVE, INC. IS TO PROVIDE ELECTRIC ENERGY AND RELATED SERVICES TO ITS MEMBERS AT THE LOWEST COST, CONSISTENT WITH SOUND ECONOMY AND GOOD MANAGEMENT.

990 for the year ended December 31, 2024

Program accomplishments

  • PROVIDING ELECTRICITY TO MEMBERS

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
15-0287092
Tax-exempt status
501(c)(12): Benevolent life insurance association or mutual company
Donations deductible
No
Exempt since
1946
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$32,113,412
Income (IRS master file)
$10,285,821

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$10,285,821$10,208,051$32,113,412IRS
990December 2023$9,633,848$9,716,803$29,903,337XML
990December 2022$10,106,533$10,146,542$30,826,138IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 15-0287092).

Questions about DELAWARE COUNTY ELECTRIC COOPERATIVE INC

What is the EIN of DELAWARE COUNTY ELECTRIC COOPERATIVE INC?
The employer identification number (EIN) of DELAWARE COUNTY ELECTRIC COOPERATIVE INC is 15-0287092.
Is DELAWARE COUNTY ELECTRIC COOPERATIVE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1946.
Are donations to DELAWARE COUNTY ELECTRIC COOPERATIVE INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does DELAWARE COUNTY ELECTRIC COOPERATIVE INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of DELAWARE COUNTY ELECTRIC COOPERATIVE INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did DELAWARE COUNTY ELECTRIC COOPERATIVE INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of DELAWARE COUNTY ELECTRIC COOPERATIVE INC?
The 990 for the year ended December 31, 2024 names John Gasstrom.
Who are the officers and directors of DELAWARE COUNTY ELECTRIC COOPERATIVE INC?
The 990 for the year ended December 31, 2024 lists 16 people; 16 received compensation from the organization, the highest $167,873 (MICHAEL PIETRANTONI, LINE SUPERINTENDENT).
How much revenue does DELAWARE COUNTY ELECTRIC COOPERATIVE INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $10,285,821, expenses of $10,208,051 and total assets of $32,113,412 at year end.

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