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DELAWARE COUNTY ELECTRIC COOPERATIVE INC

DELHI, NY · EIN 150287092 · Form 990 · FY2024 · Large ($10M-$50M) · dce.coop
revenue
$10.3M
expenses
$10.2M
net assets
$11.6M
employees
34
mission · from form 990

DISTRIBUTION OF ELECTRICITY TO MEMBERS IN RURAL AREAS OF DELAWARE COUNTY, NEW YORK ON A COOPERATIVE BASIS.

profile · synthesized from sources

Delaware County Electric Cooperative Inc is a not-for-profit, member-owned electric utility serving rural areas of Delaware County, New York. It purchases wholesale power from the New York Power Authority and distributes electricity to its members. The cooperative operates on a cost-recovery basis, returning margins to members as capital credits.

named programs · 1 · from sources

What they call their work

Electricity Distribution
Distributes electric power to member-owners in rural areas of Delaware County, NY
activities · 10 groups

What they do

  • Electric Grid Operations & Reliability 2 activities
    • Electricity distribution to rural member-owners
      Distributes safe, reliable, and cost-effective electric power to over 5,200 member-owners across Delaware, Schoharie, Otsego, and Chenango Counties in Upstate New York on a cooperative basis.
    • Operation and maintenance of electrical infrastructure
      Conducts planned outages for maintenance, manages major outages affecting 50+ members for four or more hours, and operates power lines with protective equipment to minimize service disruptions.
  • Community Service Office Operations 1 activity
    • Administrative operations and member services
      Operates a public office in Delhi, NY, open Monday through Friday from 8 a.m. to 4 p.m., providing administrative and member services.
  • Credit Union Financial Services 1 activity
    • Capital credits program
      Returns profits or margins to consumer-members in the form of capital credits; returned over $1.4 billion to members in 2021.
  • Integrated Community-Led Development Programs 1 activity
    • Community development initiatives
      Implements community development policies adopted by members to support sustainable development in service communities.
  • Nonprofit Capacity Building Services 1 activity
    • Cooperative education and training programs
      Provides education and training for members, elected representatives, managers, and employees to strengthen cooperative governance and operations.
  • Public Awareness and Educational Outreach 1 activity
    • Cooperative movement collaboration and outreach
      Collaborates with other cooperatives through local, national, regional, and international structures to strengthen the cooperative movement and conducts public outreach to educate young people and opinion leaders about the benefits of cooperation.
  • Local Clean Energy Adoption & Education 1 activity
    • Energy efficiency outreach and support
      Provides reference information to members on energy efficiency programs to reduce electricity usage and costs.
  • Regular Membership Meetings 1 activity
    • Governance through regular board meetings
      Conducts regular board meetings, typically beginning at 5 PM, to ensure democratic governance and oversight of cooperative operations.
  • Healthcare Compliance and Ethics Programs 1 activity
    • Member and employee ombudsman service
      Provides an ombudsman service through independent legal counsel to address concerns related to whistleblower protections, harassment, workplace violence, and conflict of interest policies.
  • Uncategorized 1 activity
    • Cost of service and rate structure development
      Conducts a Cost of Service Study every five years to establish revenue requirements, allocate costs across member groups, and create equitable rate structures.
financials · form 990 · fy2024
revenue
Total revenue$10.29M
Contributions & grants$00%
Program service revenue$10.20M99%
Investment income$17K0%
Other revenue$70K
expenses
Total expenses$10.21M
Program expenses
Admin / overhead
Fundraising
Salaries & benefits$599K
Grants paid out$0
Largest expense lineFacilities
balance sheet
Total assets$32.11M
Cash$609K
Investments$636K
Liabilities$20.52M
Net assets$11.59M
Liquid reserves1.5 mo
4 years on record · 2020–2024 · YoY revenue +6.8%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 16
NameTitleHours/wkCompensation
MICHAEL PIETRANTONI LINE SUPERINTENDENT 47 $260K
DAVID SCHMIDT ADVANCED LINE TECHNICIAN 48 $227K
JOHN GASSTROM CEO/GM 45 $222K
MICHAEL SCHAFER ADVANCED LINE SUPERINTEDENT 48 $217K
JAMES GREEN ADVANCED LINE TECHNICIAN 48 $215K
STEVEN LITTLE ADVANCED LINE TECHNICIAN 48 $212K
MARK CANNIZZARO CFO 48 $194K
RYAN SULLIVAN FORMER COO 40 $76K
AMY WARD COO 40 $52K
EDWARD PICK PRESIDENT 6 $16K
LAURIE WEHMEYER SECRETARY 4 $10K
JEFFREY RUSSELL VICE PRESIDENT 3 $9K
EDWARD FURGOL TREASURER 3 $9K
PATRICK O'BRIEN DIRECTOR 2 $5K
DAVID KRZYSTON DIRECTOR 2 $4K
ROSS GILL DIRECTOR 3 $3K
relationships · 10

Who they work with

  • Facebook Partner — Platform used to post updates on planned and major outages for member communication.
  • Facebook Partner — Uses Facebook as a platform to share updates and engage with members.
  • Livingston Associates Partner — Legal firm providing ombudsman services for employee and member advocacy on policy matters.
  • National Rural Electric Cooperative Association Network — Member of the National Rural Electric Cooperative Association, which represents consumer-owned electric cooperatives.
  • National Rural Electric Cooperative Association Network — Member of the national electric cooperative network; references NRECA as a resource for information on electric cooperatives across America.
  • New York Power Authority Government — Hydroelectric power purchase partner under which the Cooperative manages its Energy Efficiency Fund expenditures.
  • New York Power Authority Government — Purchases wholesale electric power from the New York Power Authority.
  • New York State Public Service Commission Government — Subject to oversight by the New York State Public Service Commission for regulatory compliance.
  • Rural Utilities Service Government — Historically supported by federal programs under the Rural Utilities Service, successor to the Rural Electrification Administration.
  • local, national, regional, and international cooperative structures Coalition — Collaborates with cooperative structures at multiple levels to strengthen the cooperative movement.
strategies · 3

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Collective Energy Procurement via G&T Cooperatives
    methodology: wholesale_power_aggregation
    By sourcing wholesale power through generation and transmission (G&T) cooperatives, the organization achieves economies of scale in energy procurement, reducing costs and enhancing supply stability for rural members because collective buying power strengthens negotiating position and risk-sharing.
  • Member-Owned Cooperative Model
    methodology: cooperative_model
    By structuring as a member-owned, not-for-profit cooperative with democratic governance (one member, one vote), the organization aligns service delivery with member needs, enhances accountability, and reinvests margins into reliability and cost-effectiveness because member ownership fosters long-term stewardship and trust.
  • Renewable-Energy-Linked Efficiency Investment
    methodology: renewable_energy_linked_funding
    By tying Energy Efficiency Funds exclusively to expenditures linked to its hydroelectric power purchase agreement with NYPA, the organization ensures that efficiency spending reinforces renewable energy goals, because aligning financial mechanisms with clean energy commitments drives integrated sustainability outcomes.