our mission our vision AWS
2017 BOARD OF DIRECTORS Name....................................................Address..................................................Position Dave Beckman............................................. Elgin, NE........................................................ Chairman Andrew Klug............................................ Columbus, NE...........................................Vice Chairman John Moore.................................................Shelby, NE.......................................................Secretary Adam Schroeder........................................Le Mars, IA..........................................................Director Alex Brookhouser.................................... Brunswick, NE.......................................................Director Don Nelson................................................ Wayne, NE..........................................................Director Doug Moon................................................Shelby, NE..........................................................Director Gary Resco..................................................Clyde, KS...........................................................Director Gordon Quiring........................................Hampton, NE........................................................Director Jay Uehling............................................... Oakland, NE........................................................Director Jeff Berggren............................................. Osceola, NE........................................................Director Kurt Thoene..............................................Hartington, NE.......................................................Director Larry Naber................................................. Utica, NE...........................................................Director Mark Koss..................................................Haddam, KS.........................................................Director Mark Philips................................................. Akron, IA............................................................Director Neal Bracht..............................................West Point, NE.......................................................Director Pat Wemhoff.............................................Humphrey, NE.......................................................Director Paul Jarecke................................................ Clarks, NE..........................................................Director Randy Johnson.......................................... Osceola, NE........................................................Director Robert Chatt.............................................. Tekamah, NE........................................................Director Ryan Crumly................................................. Page, NE...........................................................Director Tim Johnson.................................................Wausa, NE..........................................................Director Luke Carlson..................................................York, NE.......................................... Associate Director MANAGEMENT Carl Dickinson..........................................Marquette, NE.......................................... President/CEO Matt Ashton.................................................Lincoln, NE..................................................... SVP Grain Tim Esser........................................................York, NE...................................SVP Human Resources Karl Hensley................................................. Elgin, NE............................................... SVP Agronomy Peg Hopwood.............................................Shelby, NE................................. SVP Member Services Jeff Ingalls....................................................Shelby, NE................................................... SVP Energy Tom Palmertree.............................................York, NE................................................SVP Marketing Bryan Reichmuth......................................Humphrey, NE......................................... SVP Operations Don Swanson................................................York, NE.................................................................CFO Robert Turek..................................................York, NE.........................................................SVP Feed
OUR MISSION Embracing the Cooperative Spirit to deliver value to our members.
OUR VISION
To be a world-class cooperative ensuring the long-term success of our Employees and Customers.
CONSOLIDATED BALANCE SHEETS Fiscal Years Ending August 31, 2017 and 2016
INCOME STATEMENT 2017
2016
$1,104,289,241
$1,127,365,713
Cost Of Goods Sold........................................................
1,000,220,589
1,017,391,434
Gross Savings on Sales..................................................
104,068,652
109,947,279
Other Operating Revenue...............................................
51,158,929
49,201,013
Total Gross Revenue.......................................................
155,227,581
159,175,292
Operating Expenses Include Interest..............................
146,889,126
144,137,791
Local Operating Savings..................................................
8,338,455
15,037,501
Income from Partnerships..............................................
79,136
105,045
Local Income..................................................................
8,417,591
15,142,546
Gain (Loss) on Marketable Securities, Other...............
5,059,098
467,773
Patronage Dividend Income...........................................
8,254,281
11,690,286
Savings Before Income Taxes........................................
21,730,970
27,300,605
Income Tax Expense (Benefit).......................................
(1,412,050)
(1,527,739)
Net Savings....................................................................
23,143,020
28,828,343
Cash...............................................................................
2,000,000
4,000,000
Qualified Deferred........................................................
-
-
Non/Qualified Deferred.............................................
6,000,000
4,000,000
8,000,000
8,000,000
15,143,020
20,828,344
23,143,020
28,828,344
Sales...............................................................................
Patronage Dividends
Retained Savings...........................................................
Patronage Dividend Rates
Member Business
Rate
Amount
Grain..............................................................................
101,042,329 Bu
0.03967¢
$4,008,716
Grain - Direct..................................................................
37,515,832 Bu
-
-
Storage & Drying............................................................
8,165,031
4.85%
395,842
Crop Production.............................................................
283,276,174
0.92%
2,602,364
Petroleum.......................................................................
11,127,456 Gal
0.02992¢
332,962
Feed & Animal Health....................................................
32,841,881
2.00%
656,488
Lumber & Hardware.......................................................
257,807
1.41%
3,629 $8,000,000
2803 N Nebraska Ave.,York, Nebraska
CONSOLIDATED BALANCE SHEETS Fiscal Years Ending August 31, 2017 and 2016
BALANCE SHEET 2017
2016
Total Current Assets...........................................................
$193,666,286
$205,578,174
Total Property, Plant and Equipment................................
376,995,694
358,931,243
Accumulated Depreciation.......................................................
(152,101,331)
(129,082,135)
Net Property, Plant and Equipment..................................
224,894,363
229,849,108
3,069,658
3,496,928
Investments in Other Cooperatives........................................
70,525,829
68,998,365
Investments in Partnerships........................................................
20,458,083
19,882,479
Total Equity in Other Organizations................................
90,983,962
88,880,844
512,614,269
527,805,054
Total Current Liabilities.......................................................
94,059,498
108,521,007
Total Long Term Liabilities...................................................
79,718,197
96,946,791
338,836,574
322,337,256
512,614,279
527,805,054
99,606,788
97,057,157
Total Other Assets Equity in Other Organizations
Total Assets
Total Member’s Equity Total Liabilities and Member’s Equity Working Capital.................................................................
cvacoop.com | 888.343.0323
OUR MISSION Embracing the Cooperative Spirit to deliver value to our members.
OUR VISION
To be a world-class cooperative ensuring the long-term success of our Employees and Customers.
CONSOLIDATED BALANCE SHEETS Fiscal Years Ending August 31, 2017 and 2016
INCOME STATEMENT 2017
2016
$1,104,289,241
$1,127,365,713
Cost Of Goods Sold........................................................
1,000,220,589
1,017,391,434
Gross Savings on Sales..................................................
104,068,652
109,947,279
Other Operating Revenue...............................................
51,158,929
49,201,013
Total Gross Revenue.......................................................
155,227,581
159,175,292
Operating Expenses Include Interest..............................
146,889,126
144,137,791
Local Operating Savings..................................................
8,338,455
15,037,501
Income from Partnerships..............................................
79,136
105,045
Local Income..................................................................
8,417,591
15,142,546
Gain (Loss) on Marketable Securities, Other...............
5,059,098
467,773
Patronage Dividend Income...........................................
8,254,281
11,690,286
Savings Before Income Taxes........................................
21,730,970
27,300,605
Income Tax Expense (Benefit).......................................
(1,412,050)
(1,527,739)
Net Savings....................................................................
23,143,020
28,828,343
Cash...............................................................................
2,000,000
4,000,000
Qualified Deferred........................................................
-
-
Non/Qualified Deferred.............................................
6,000,000
4,000,000
8,000,000
8,000,000
15,143,020
20,828,344
23,143,020
28,828,344
Sales...............................................................................
Patronage Dividends
Retained Savings...........................................................
Patronage Dividend Rates
Member Business
Rate
Amount
Grain..............................................................................
101,042,329 Bu
0.03967¢
$4,008,716
Grain - Direct..................................................................
37,515,832 Bu
-
-
Storage & Drying............................................................
8,165,031
4.85%
395,842
Crop Production.............................................................
283,276,174
0.92%
2,602,364
Petroleum.......................................................................
11,127,456 Gal
0.02992¢
332,962
Feed & Animal Health....................................................
32,841,881
2.00%
656,488
Lumber & Hardware.......................................................
257,807
1.41%
3,629 $8,000,000
2803 N Nebraska Ave.,York, Nebraska
CONSOLIDATED BALANCE SHEETS Fiscal Years Ending August 31, 2017 and 2016
BALANCE SHEET 2017
2016
Total Current Assets...........................................................
$193,666,286
$205,578,174
Total Property, Plant and Equipment................................
376,995,694
358,931,243
Accumulated Depreciation.......................................................
(152,101,331)
(129,082,135)
Net Property, Plant and Equipment..................................
224,894,363
229,849,108
3,069,658
3,496,928
Investments in Other Cooperatives........................................
70,525,829
68,998,365
Investments in Partnerships........................................................
20,458,083
19,882,479
Total Equity in Other Organizations................................
90,983,962
88,880,844
512,614,269
527,805,054
Total Current Liabilities.......................................................
94,059,498
108,521,007
Total Long Term Liabilities...................................................
79,718,197
96,946,791
338,836,574
322,337,256
512,614,279
527,805,054
99,606,788
97,057,157
Total Other Assets Equity in Other Organizations
Total Assets
Total Member’s Equity Total Liabilities and Member’s Equity Working Capital.................................................................
cvacoop.com | 888.343.0323
