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Riverís Edge Co-op holds 73rd annual meeting

Posted: Tuesday, Apr 2nd, 2013

Riverís Edge Co-op holds 73rd annual meeting

The 73nd Annual Meeting of Riverís Edge Cooperative was held on March 19, 2013 with approximately 150 patrons attending. Patrons of the Cooperative enjoyed a meal prepared by The Glass House of Ihlen, MN.

CHS Aligned Solutions Manager Gene Lueb presented the financial report of the locally owned Cooperative which provided a net savings of $1,135,902. The patrons of the Cooperative will receive $343,697 in the form of cash patronage and an additional $28,201 in the form of equity retirements.

CHS Regional Director Randy Knecht of Houghton, SD presented an update from CHS.

Riverís Edge employee Laurie Christenson was recognized for 25 years of service with the Co-op.

Ben LeBrun reported on his recent attendance at the CHS Young Producers Institute.

Todd Sanderson was re-elected to the Board of Directors. Other Directors include Tom Hagedorn, Mark Lokken, Jim Heinricy and Mike Krantz. Bob Holmoe is the General Manager of the Cooperative.

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