Sign in

Private company

GOLDEN GRAIN ENERGY

GOLDEN GRAIN ENERGY is an American industrial organic chemicals company based in Mason City.2

Last updated Oct 21, 2026.

Overview

$303.4MRevenue, fiscal 20213
$24.5MNet income, fiscal 20213
  • IndustryIndustrial Organic Chemicals2
  • HeadquartersMason City, United States2
  • Incorporated inIA4
  • Business address1822 43Rd Street Sw, Mason City, Ia 504014
  • Filer categoryNon-accelerated filer4
  • Legal formLimited Liability Company2
  • LEI5493004SX0PIADWWCR572
  • StatusActive2
  • LEI statusLapsed (not renewed)2
  • Registered addressC/O Christy Marchand, 50401 Mason City, United States2
  • Registered withBusiness Services Division (Secretary of State), 2634392

See how the biggest companies compare on our leaderboards

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2021

5.3%Gross margin3
3.8%Operating margin3
8.1%Net margin3
56.1%Revenue growth, 20213
16.9%Return on equity3
0.00×Debt to equity3
$943.1KFree cash flow3

Where the money goes

Where each dollar of revenue went, fiscal 2021

  • Cost of revenue92¢$287.2M
  • Interest0¢$197.7K
  • Profit8¢$24.5M

Out of $303.4M in revenue.3

Where each dollar of operating cash went, fiscal 2021

  • Capital spending77¢$13.6M
  • Dividends paid23¢$4.0M

Out of $14.5M of cash from operations. Spending exceeded cash from operations; the rest came from savings or borrowing.3

Financial statements

Revenue567893$303.4M in 2021+5% since 2014
0$100.0M$200.0M$300.0M$400.0M2014: $289.2M$289.2M20142015: $221.1M$221.1M2015−24%2016: $200.7M$200.7M2016−9%2017: $213.5M$213.5M2017+6%2018: $179.5M$179.5M2018−16%2019: $203.8M$203.8M2019+14%2020: $194.3M$194.3M2020−5%2021: $303.4M$303.4M2021+56%
Gross profit567893$16.2M in 2021−75% since 2014
-$20.0M0$20.0M$40.0M$60.0M$80.0M2014: $63.8M$63.8M20142015: $26.9M$26.9M2015−58%2016: $15.4M$15.4M2016−43%2017: $25.1M$25.1M2017+64%2018: $5.4M$5.4M2018−79%2019: -$176.0K-$176.0K20192020: $5.5M$5.5M20202021: $16.2M$16.2M2021+192%
Operating income567893$11.6M in 2021−81% since 2014
-$20.0M0$20.0M$40.0M$60.0M$80.0M2014: $60.2M$60.2M20142015: $23.5M$23.5M2015−61%2016: $11.7M$11.7M2016−50%2017: $21.3M$21.3M2017+82%2018: $1.7M$1.7M2018−92%2019: -$3.9M-$3.9M20192020: $1.4M$1.4M20202021: $11.6M$11.6M2021+728%
Net income567893$24.5M in 2021−69% since 2014
-$25.0M0$25.0M$50.0M$75.0M$100.0M2014: $79.3M$79.3M20142015: $31.9M$31.9M2015−60%2016: $20.4M$20.4M2016−36%2017: $29.4M$29.4M2017+44%2018: $6.4M$6.4M2018−78%2019: -$1.7M-$1.7M20192020: $5.9M$5.9M20202021: $24.5M$24.5M2021+317%
Fiscal year20142015201620172018201920202021
Revenue$289.2M5$221.1M6$200.7M7$213.5M8$179.5M9$203.8M3$194.3M3$303.4M3
Cost of revenue$225.3M5$194.2M6$185.3M7$188.3M8$175.7M9$204.0M3$188.8M3$287.2M3
Gross profit$63.8M5$26.9M6$15.4M7$25.1M8$5.4M9-$176.0K3$5.5M3$16.2M3
Operating expenses$4.6M3
Operating income$60.2M5$23.5M6$11.7M7$21.3M8$1.7M9-$3.9M3$1.4M3$11.6M3
Interest$196.2K5$93.5K6$5.2K6$18.6K6$197.7K3
Net income$79.3M5$31.9M6$20.4M7$29.4M8$6.4M9-$1.7M3$5.9M3$24.5M3

Compare GOLDEN GRAIN ENERGY with another company

What it owns

What GOLDEN GRAIN ENERGY 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.

Property and equipment

ItemLatestA year beforeChange
Land and buildings$14.3M3 Oct 31, 2021$14.3M3 Oct 31, 20200%
Buildings and improvements$33.7M3 Oct 31, 2021$33.7M3 Oct 31, 20200%
Machinery and equipment$123.5M3 Oct 31, 2021$122.0M3 Oct 31, 2020+1.2%
Furniture and fixtures$2.6M3 Oct 31, 2021$2.5M3 Oct 31, 2020+4.1%
Construction in progress$3.4M3 Oct 31, 2021$3.2M3 Oct 31, 2020+7.2%
Property and equipment, before depreciation$207.0M3 Oct 31, 2021$191.8M3 Oct 31, 2020+7.9%
Accumulated depreciation$133.0M3 Oct 31, 2021$124.4M3 Oct 31, 2020+7.0%
Property and equipment, net$74.0M3 Oct 31, 2021$67.4M3 Oct 31, 2020+9.7%
Operating-lease assets (leased space)$2.8M3 Oct 31, 2021$2.3M3 Oct 31, 2020+19.0%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$19.4M3 Oct 31, 2021$17.6M3 Oct 31, 2020+10.3%
Marketable securities, current$1.4M3 Oct 31, 2021$5.1M3 Oct 31, 2020−72.8%
Stakes in other companies (equity method)$25.6M3 Oct 31, 2021$25.0M3 Oct 31, 2020+2.3%

Inventory

ItemLatestA year beforeChange
Inventory, total$18.6M3 Oct 31, 2021$8.3M3 Oct 31, 2020+123.2%
Raw materials$14.7M3 Oct 31, 2021$5.0M3 Oct 31, 2020+194.8%
Work in process$2.6M3 Oct 31, 2021$2.0M3 Oct 31, 2020+32.6%
Finished goods$1.4M3 Oct 31, 2021$1.4M3 Oct 31, 2020−3.5%

Leadership

Who has led GOLDEN GRAIN ENERGY, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Walter W. Wendland2006–2011

President

  1. Walter W. Wendland2006–2011

Chief financial officer

  1. Christine A. Marchand2009–2018
  2. Brooke Peters2020

Chief operating officer

  1. Chad E. Kuhlers2011–2018
2010201520202025
Board members and other officers (20)

Timeline

  1. Mar 1, 20228-K Shareholder vote35
  2. Jan 12, 20228-K Other events36
  3. Dec 21, 20218-K Other events37
  4. Dec 17, 20218-K Results of operations38
  5. Dec 15, 2006New chief executive Walter W. Wendland becomes CEO12

Calendar

When it reported results

  1. Dec 17, 2021Reported quarterly or annual results38

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

18 filings to the SEC since October 2021: 1 annual reports, 4 major events, 1 insider forms, 12 other. The latest 18:

  1. Mar 2, 202215-15D EDGAR
  2. Mar 2, 2022SC 13E3/A EDGAR
  3. Mar 2, 2022UPLOAD EDGAR
  4. Mar 1, 20228-K EDGAR
  5. Jan 12, 20228-K EDGAR
  6. Jan 6, 2022SC 13E3/A SC 13E3 EDGAR
  7. Jan 6, 2022DEF 14A EDGAR
  8. Dec 30, 202110-K EDGAR
  9. Dec 21, 20218-K EDGAR
  10. Dec 17, 2021SC 13E3/A EDGAR
  11. Dec 17, 20218-K EDGAR
  12. Dec 7, 20214 PRIMARY DOCUMENT EDGAR
  13. Dec 3, 2021PRER14A EDGAR
  14. Dec 3, 2021CORRESP EDGAR
  15. Nov 26, 2021UPLOAD EDGAR
  16. Nov 4, 2021SC 13E3 EDGAR
  17. Nov 4, 2021PRER14A EDGAR
  18. Oct 29, 2021PRE 14A EDGAR

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Funding

Where the company's money came from, by calendar year: private offerings filed with the SEC, federal grants, loans, contracts and other assistance from USAspending.gov, and PPP loans from the SBA. Each bar links to the records below.

Money received by year$1.7M 2020–2021
Money received by yearMoney received by year, 2020–2021: $1.7M in all. PPP loans $1.7M.$0$250K$500K$750K$1M2020 · PPP loans: $860.5K20202021 · PPP loans: $838.5K2021
Figures by year
YearPPP loansTotal
2021$838.5K$838.5K
2020$860.5K$860.5K

PPP loans

Paycheck Protection Program loans of $150,000 and up, approved April 2020 to July 2021, from the SBA39. Matched to this company by name and state.

  1. Apr 13, 2020$860.5K PPP loan (first draw) from CUSB Bank39To GOLDEN GRAIN ENERGY, LLC, Mason City IA; $866.1K forgiven Dec 8, 2020
  2. Feb 5, 2021$838.5K PPP loan (second draw) from CUSB Bank39To GOLDEN GRAIN ENERGY LLC, Mason City IA; $841.5K forgiven Jun 15, 2021

SEC filer profile

How GOLDEN GRAIN ENERGY is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARGOLDEN GRAIN ENERGY1
  • CIK0001206942
  • Employer ID (EIN)02-50753611
  • Filer statusNon-accelerated filer1
  • Incorporated inIowa1
  • Fiscal year endsOctober 311
  • Industry code (SIC)2860 Industrial Organic Chemicals1
  • Business address1822 43Rd Street Sw, Mason City, IA 504011
  • Phone641-423-85251
  • Shares outstanding18,953,000 as of Sep 14, 202040
  • Public float$14.9M as of Oct 31, 20209
  • On EDGAR sinceNov 25, 20021
  • Filings366 in all: 8-K (130), 4 (55), 10-Q (45), 3 (25), DEF 14A (18), 10-K (15), 10QSB (12), 5 (12)1
    All 30 form types

    PRE 14A (7), DEFA14A (5), 10KSB (4), 8-K/A (4), CT ORDER (4), SB-2/A (4), UPLOAD (4), SC 13E3/A (3), SC 13G (3), ARS (2), CORRESP (2), PRER14A (2), 15-15D (1), 424B3 (1), 5/A (1), 8-A12G (1), D (1), REGDEX (1), SB-2 (1), SC 13D (1), SC 13E3 (1), SC 13G/A (1)

  • Latest filingsAnnual report (10-K) Dec 30, 2021
    Quarterly report (10-Q) Sep 10, 2021
    Proxy statement (DEF 14A) Jan 6, 2022
    Latest 8-K (8-K) Mar 1, 2022

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
  6. 6
  7. 7
  8. 8
  9. 9
  10. 10
  11. 11
  12. 12
  13. 13
  14. 14
  15. 15
  16. 16
  17. 17
  18. 18
  19. 19
  20. 20
  21. 21
  22. 22
  23. 23
  24. 24
  25. 25
  26. 26
  27. 27
  28. 28
  29. 29
  30. 30
  31. 31
  32. 32
  33. 33
  34. 34
  35. 35
  36. 36
    SEC EDGAROther events
  37. 37
    SEC EDGAROther events
  38. 38
  39. 39
  40. 40