PROGOLD LIMITED LIABILITY COMPANY

12 Months Ended

Dec. 31, 2021

Equity Method Investments and Joint Ventures [Abstract]

PROGOLD LIMITED LIABILITY COMPANY

NOTE 3 — PROGOLD LIMITED LIABILITY COMPANY

For the years 2019, 2020, and 2021 the Cooperative had a 49% ownership interest in ProGold LLC. Following is summary financial information for ProGold LLC:

		December 31,
(In Thousands)		2021		2020		2019
Current Assets	$	4,873	$	216	$	230
Long-Term Assets		43,320		39,700		38,962
Total Assets	$	48,193	$	39,916	$	39,192
Current Liabilities	$	3,903	$	3,106	$	5
Long-Term Liabilities		1,833		2,167		2,333
Total Liabilities		5,736		5,273		2,338
Members’ Equity		42,457		34,643		36,854
Total Liabilities and Members’ Equity	$	48,193	$	39,916	$	39,192
Rent Revenue on Operating Lease	$	21,045	$	16,293	$	19,085
Expenses		3,865		4,179		3,455
Net Income	$	17,180	$	12,114	$	15,630