Overview
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Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
Where the money goes
Financial statements
Every line of the income statement as filed: the last 2 fiscal years, latest first.3
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Corn revenue | $62.3M | $62.0M |
| Corn expense | -$62.3M | -$62.0M |
| Net income from ProGold LLC | $6.5M | $6.2M |
| General & administrative expenses | -$670.0K | -$608.0K |
| Income from operations | $5.8M | $5.6M |
| Other income | $282.0K | $444.0K |
| Net income | $6.1M | $6.0M |
| Weighted average shares/units outstanding | 15.5M shares | 15.5M shares |
| Basic and fully diluted | $0 | $0 |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 2 fiscal years (annual) or 2 quarters (quarterly), latest first.3
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Cash and cash equivalents | $1.2M | $1.3M |
| Short-term investments | $4.6M | $7.3M |
| Other current assets | $277.0K | $298.0K |
| Total current assets | $6.1M | $8.9M |
| Long-term investments | $47.0K | $379.0K |
| Investment in ProGold LLC | $14.1M | $15.6M |
| Total assets | $20.3M | $24.9M |
| Accrued liabilities | $188.0K | $204.0K |
| Total current liabilities | $188.0K | $204.0K |
| Members equity Membership units, authorized 60,000,000 units, issued and outstanding 15,490,480 as of December 31, 2025 and December 31, 2024 | $20.1M | $24.7M |
| Accumulated other comprehensive loss | -$8.0K | -$36.0K |
| Total members equity | $20.1M | $24.7M |
| Total liabilities and members equity | $20.3M | $24.9M |
| Limited Partners' Capital Account, Units Authorized | 60.0B shares | 60.0B shares |
| Limited Partners' Capital Account, Units Issued | 15.5B shares | 15.5B shares |
| Limited Partners' Capital Account, Units Outstanding | 15.5B shares | 15.5B shares |
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Cash and cash equivalents | $1.2M | $1.3M |
| Short-term investments | $4.6M | $7.3M |
| Other current assets | $277.0K | $298.0K |
| Total current assets | $6.1M | $8.9M |
| Long-term investments | $47.0K | $379.0K |
| Investment in ProGold LLC | $14.1M | $15.6M |
| Total assets | $20.3M | $24.9M |
| Accrued liabilities | $188.0K | $204.0K |
| Total current liabilities | $188.0K | $204.0K |
| Members equity Membership units, authorized 60,000,000 units, issued and outstanding 15,490,480 as of December 31, 2025 and December 31, 2024 | $20.1M | $24.7M |
| Accumulated other comprehensive loss | -$8.0K | -$36.0K |
| Total members equity | $20.1M | $24.7M |
| Total liabilities and members equity | $20.3M | $24.9M |
| Limited Partners' Capital Account, Units Authorized | 60.0B shares | 60.0B shares |
| Limited Partners' Capital Account, Units Issued | 15.5B shares | 15.5B shares |
| Limited Partners' Capital Account, Units Outstanding | 15.5B shares | 15.5B shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 2 fiscal years, latest first.3
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net income | $6.1M | $6.0M |
| Net (income) from ProGold LLC | -$6.5M | -$6.2M |
| Other current assets | $22.0K | $20.0K |
| Accrued liabilities and payables | -$16.0K | -$217.0K |
| Net cash used in operating activities | -$396.0K | -$396.0K |
| (Purchase) of investments | -$6.5M | -$8.8M |
| Proceeds from investments | $9.6M | $8.4M |
| Distribution received from ProGold LLC | $7.9M | $7.7M |
| Net cash provided by investing activities | $11.0M | $7.4M |
| Member distributions paid | -$10.7M | -$7.7M |
| Net cash used in financing activities | -$10.7M | -$7.7M |
| Increase (decrease) in cash and cash equivalents | -$110.0K | -$790.0K |
| Unrealized gain (loss) on investments | $28.0K | -$3.0K |
No quarter-by-quarter statement was filed.
What it owns
What Golden Growers Cooperative reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $1.2M3 Dec 31, 2025 | $1.3M3 Dec 31, 2024 | −8.4% |
| Marketable securities, current | $4.6M3 Dec 31, 2025 | $7.3M3 Dec 31, 2024 | −36.7% |
| Stakes in other companies (equity method) | $14.1M3 Dec 31, 2025 | $15.6M3 Dec 31, 2024 | −9.4% |
Properties, in its own words
We lease executive office space at 1002 Main Avenue West, Suite 5, West Fargo, ND 58078. The Cooperative’s office space needs are limited and easily met by a market rate lease.
Item 2 of the 10-K filed Mar 18, 2026.12
Leadership
Who has led Golden Growers Cooperative, and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
- Chief executive officerScott Stofferahn Oct 17, 2012 to Jan 14, 201613
- ChairMark Leon Harless Jul 6, 2022 to Jan 12, 202314
- Chief financial officerScott Stofferahn Oct 17, 2012 to Jan 14, 201613
Board members and other officers (24)
- Executive Vice PresidentScott Stofferahn Apr 4, 2023 to Apr 4, 202315
- Board memberDavid J. Kragnes Apr 5, 2023 to now16
- Board memberBlane C. Benedict Apr 1, 2022 to Apr 1, 202217
- Board memberBrady Koehl Apr 1, 2022 to now18
- Board memberRichard Francis Bot Apr 4, 2017 to Oct 3, 201819
- Board memberLarry A. Vipond Apr 8, 2015 to Jul 5, 202320
- Board memberScott A. Jetvig Apr 8, 2015 to Apr 8, 201521
- Board memberBrett A. Johnson Apr 1, 2013 to Jul 14, 202022
- Board memberMatt Hasbargen Apr 1, 2013 to Apr 1, 201323
- Board memberMark Leon Harless Mar 29, 2011 to Apr 1, 202424
- Board memberBernie Decock Jul 9, 2010 to Jul 9, 201025
- Board memberBruce Speich Jul 9, 2010 to Jul 9, 201026
- Board memberByron Koehl Jul 9, 2010 to Jan 12, 201727
- Board memberChris A. Johnson Jul 9, 2010 to now28
- Board memberDavid Patrick Benedict Jul 9, 2010 to Jul 9, 201029
- Board memberGary L. Jirak Jul 9, 2010 to Jul 9, 201030
- Board memberJason Medhaug Jul 9, 2010 to Jul 9, 201031
- Board memberLeslie Nesvig Jul 9, 2010 to Jul 9, 201032
- Board memberMark Charles Dillon Jul 9, 2010 to Jul 9, 201033
- Board memberNicolas A. Pyle Jul 9, 2010 to Mar 27, 202334
- Board memberPaul Borgen Jul 9, 2010 to Jul 9, 201035
- Board memberRandall A. Mauch Jul 9, 2010 to Jul 9, 201036
- Board memberShaun Beauclair Jul 9, 2010 to Aug 12, 201537
- Board memberThomas Jennen Jul 9, 2010 to Jul 9, 201038
Timeline
- Mar 26, 20268-K Shareholder vote39
- Mar 26, 20258-K Shareholder vote40
- Feb 5, 20258-K Other events41
- Dec 23, 20248-K Other events42
- Mar 27, 20248-K Shareholder vote43
- Mar 27, 20248-K Change of auditor44
- Mar 27, 20248-K Change of auditor45
- Mar 29, 20238-K Bylaws or fiscal year changed; Shareholder vote46
- Mar 30, 20228-K Bylaws or fiscal year changed; Shareholder vote47
- Feb 25, 20228-K Entered a material agreement; Other events48
- Oct 17, 2012New chief executive Scott Stofferahn becomes CEO13
Filings
59 filings to the SEC since October 2021: 7 annual reports, 15 quarterly reports, 10 major events, 25 insider forms, 2 other. The latest 20:
- Oct 5, 20264 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
- Oct 5, 20264 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
- Aug 11, 202610-Q EDGAR
- Jul 7, 20264 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
- May 8, 202610-Q EDGAR
- Apr 1, 202610-K/A EDGAR
- Mar 26, 20268-K EDGAR
- Mar 26, 20264 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
- Mar 26, 20264 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
- Mar 18, 202610-K EDGAR
- Jan 22, 20264 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
- Nov 13, 202510-Q EDGAR
- Oct 3, 20254 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
- Oct 3, 20254 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
- Sep 23, 2025UPLOAD EDGAR
- Sep 17, 202510-K/A EDGAR
- Aug 29, 2025UPLOAD EDGAR
- Aug 19, 20253 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
- Aug 18, 20253 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
- Aug 13, 202510-Q EDGAR
The 59 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
8 open-market trades by officers, directors and large owners since October 2021: 8 buys and 0 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Oct 1, 2025 | Johnson Glenn HaroldDirector | Buy | 45,000 | $5.00 | $225.0K | Form 4 |
| Oct 1, 2025 | Johnson Chris ADirector | Buy | 16,000 | $5.00 | $80.0K | Form 4 |
| Jul 1, 2024 | Kragnes David J.Director | Buy | 5,000 | $4.46 | $22.3K | Form 4 |
| Apr 1, 2023 | Stofferahn ScottExecutive Vice President | Buy | 11,493 | $4.50 | $51.7K | Form 4 |
| Jan 3, 2023 | Harless Mark LeonDirector | Buy | 10,000 | $4.50 | $45.0K | Form 4 |
| Oct 1, 2022 | Harless Mark LeonDirector | Buy | 8,000 | $4.60 | $36.8K | Form 4 |
| Oct 1, 2022 | Johnson Chris ADirector | Buy | 10,000 | $4.50 | $45.0K | Form 4 |
| Jul 1, 2022 | Harless Mark LeonDirector | Buy | 12,000 | $4.65 | $55.8K | Form 4 |
From Forms 4 filed with the SEC.
SEC filer profile
How Golden Growers Cooperative is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARGolden Growers Cooperative1
- CIK0001489874
- Employer ID (EIN)27-131257112
- Filer statusNon-accelerated filer not an emerging growth company; a smaller reporting company; not a shell company12
- Incorporated inMinnesota12
- Fiscal year endsDecember 311
- Industry code (SIC)0700 Agricultural Services1
- SEC reviewing officeOffice of Industrial Applications and Services, Division of Corporation Finance1
- Business address1002 Main Avenue West, Suite 5, West Fargo, ND 580781
- Phone701-281-04681
- Shares outstanding15,490,480 as of Aug 10, 202610
- Public float$0 as of Mar 16, 20263
- AuditorHaynie & Company, Salt Lake City, Utah PCAOB ID 45712
- On EDGAR sinceApr 30, 20101
- Filings198 in all: 10-Q (49), 4 (36), 3 (32), 8-K (29), 10-K (16), UPLOAD (14), CORRESP (8), 10-K/A (5)1
All 12 form types
10-12G/A (4), 10-Q/A (3), 10-12G (1), 8-K/A (1)
- Latest filingsAnnual report (10-K) Mar 18, 2026
Quarterly report (10-Q) Aug 11, 2026
Latest 8-K (8-K) Mar 26, 2026
Risk factors and legal proceedings
Legal proceedings
The Cooperative is not currently involved in any legal proceedings. In addition, we are not aware of any potential claims that could result in the commencement of legal proceedings.
The opening of Item 3, Legal Proceedings.12
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
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- 14SEC EDGARMark Leon Harless, Chair
- 15
- 16SEC EDGARDavid J. Kragnes, Board member
- 17SEC EDGARBlane C. Benedict, Board member
- 18SEC EDGARBrady Koehl, Board member
- 19SEC EDGARRichard Francis Bot, Board member
- 20SEC EDGARLarry A. Vipond, Board member
- 21SEC EDGARScott A. Jetvig, Board member
- 22SEC EDGARBrett A. Johnson, Board member
- 23SEC EDGARMatt Hasbargen, Board member
- 24SEC EDGARMark Leon Harless, Board member
- 25SEC EDGARBernie Decock, Board member
- 26SEC EDGARBruce Speich, Board member
- 27SEC EDGARByron Koehl, Board member
- 28SEC EDGARChris A. Johnson, Board member
- 29SEC EDGARDavid Patrick Benedict, Board member
- 30SEC EDGARGary L. Jirak, Board member
- 31SEC EDGARJason Medhaug, Board member
- 32SEC EDGARLeslie Nesvig, Board member
- 33SEC EDGARMark Charles Dillon, Board member
- 34SEC EDGARNicolas A. Pyle, Board member
- 35SEC EDGARPaul Borgen, Board member
- 36SEC EDGARRandall A. Mauch, Board member
- 37SEC EDGARShaun Beauclair, Board member
- 38SEC EDGARThomas Jennen, Board member
- 39SEC EDGARShareholder vote
- 40SEC EDGARShareholder vote
- 41SEC EDGAROther events
- 42SEC EDGAROther events
- 43SEC EDGARShareholder vote
- 44SEC EDGARChange of auditor
- 45SEC EDGARChange of auditor
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