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CVA Hosts Annual Meeting

Nov 30, 2021

(York, NE) – Central Valley Ag Cooperative (CVA) recently hosted its Annual Meeting at the Holthus Center in York, Neb., on November 22, 2021, to review the fiscal year for member-owners. CVA reported $29.7 million in total profit from $2.2 billion in total sales for their fiscal year 2021, ending on August 31, 2021.

“This year, we exceeded expectations on all fronts. We delivered more value, we provided more services, we reinvested, we produced a local profit,” said Carl Dickinson, CEO/President of Central Valley Ag. “And on top of that, we will deliver a record amount of cash back to the member-owners this year.”

CVA's Chief Financial Officer, Fran Swain, is proud of the value CVA brings to its patrons and credits the cooperative's strong balance sheet. "CVA continues to prove the value of the local co-op by delivering over $26 million back to member-owners in 2021. Plus, an additional $8 million in section 199 DPAD pass-through tax deductions."

At the meeting, CVA also announced the newly elected and re-elected members of their Board of Directors. CVA member-owners elected the following individuals to represent their voice on the board:
  • Alex Brookhouser (Brunswick, NE) – Region 1
  • Duane Schumacher (Bloomfield, NE) – Region 2
  • Jay Uehling (Oakland, NE) – Region 4
  • Larry Naber (Utica, NE) – Region 6
  • Mark Koss (Haddam, KS) – Region 7
  • Derek Appley (Akron, IA) – Region 8
“Our Board of Directors play a visionary role in helping CVA succeed,” said Dave Beckman, CVA Board Chairman. “I want to thank our departing board member, Adam Schroeder from Le Mars, Iowa, for his service and dedication to CVA.”

CVA relies on its Board of Directors to position CVA for future success and profitability for member-owners. CVA’s Board of Directors is made up of local, agricultural producers who are recognized for their industry expertise, economic, and community development skills.
 
Overall, it was a record-breaking year for CVA, and Dickinson credited much of the success of the cooperative to CVA employees. “Our people continue to answer the call. They’re engaged in the business, they’re engaged in their communities, they love what they do and the growers they do it for.”

READ THE 2021 ANNUAL REPORT HERE


 


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