PROGOLD LIMITED LIABILITY COMPANY

12 Months Ended

Dec. 31, 2024

Equity Method Investments and Joint Ventures [Abstract]

PROGOLD LIMITED LIABILITY COMPANY

NOTE 4 — PROGOLD LIMITED LIABILITY COMPANY

For the first two months of 2022, the Cooperative had a 49% ownership interest in ProGold LLC. For the last ten months of 2022 and all of 2023 and 2024, the Cooperative had a 50% ownership interest in ProGold LLC. Following is summary financial information for ProGold LLC:

				December 31,
(In Thousands)		2024		2023		2022
Current Assets	$	293	$	201	$	223
Long-Term Assets		30,069		33,945		36,475
Total Assets	$	31,262	$	34,146	$	36,398
Current Liabilities	$	88	$	—	$	31
Long-Term Liabilities		—		—		—
Total Liabilities		88		—		31
Members’ Equity		31,174		34,146		36,667
Total Liabilities and Members’ Equity	$	31,262	$	34,146	$	36,698
Rent Revenue on Operating Lease	$	15,825	$	15,810	$	17,468
Expenses		3,345		3,641		3,919
Net Income	$	12,480	$	12,169	$	13,549