Every 10-K that GOLDEN GROWERS COOP (GGROU) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow GGROU and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full GGROU filings page.
Golden Growers Cooperative files an amended annual report to add required Inline XBRL tagging and correct a director signature, leaving all 2025 disclosures otherwise unchanged. The report describes a corn grower cooperative with 15,490,480 Units outstanding and about 1,445 members focused on value-added processing through its 50% stake in ProGold LLC.
For 2025, the Cooperative generated net income of $6.1 million, largely from ProGold income of $6.46 million, while corn marketing activities were essentially revenue neutral. Cash distributions to members rose to $10.7 million, reducing members’ equity to $20.1 million. Working capital was $5.9 million at year-end, with no long-term debt and access to a $2.0 million credit line.
The filing highlights that Cargill pays ProGold $16 million per year under a facility lease through December 31, 2026 and has agreed to purchase the Cooperative’s 50% interest in ProGold for $81 million and half of remaining lease payments if a joint venture is not finalized. Members approved a Plan of Liquidation and Dissolution that calls for selling this ProGold interest after lease expiry, fulfilling obligations to Cargill and ProGold, and distributing remaining proceeds and assets to members. The Cooperative reports stable cybersecurity oversight, no material cyber incidents, and no legal proceedings.
Golden Growers Cooperative files its annual report describing a winding-down path tied to its 50% stake in ProGold LLC. Cargill has committed to purchase this 50% ProGold interest for $81 million within 30 days after the facility lease expires on December 31, 2026, and members have approved a Plan of Liquidation and Dissolution that will distribute sale proceeds and remaining assets after obligations are met.
For 2025, the Cooperative generated net income of $6.1 million, essentially unchanged from 2024, driven mainly by $6.5 million of income from ProGold. Corn marketing operations remained largely revenue-neutral, with $62.3 million of corn revenue and similar corn expense. General and administrative costs were $670,000, up mainly from higher legal and consulting spending.
Member cash distributions increased significantly, rising to $10.7 million in 2025 from $7.7 million in 2024, reducing members’ equity to $20.1 million at year-end. Working capital was $5.9 million and the Cooperative held $1.2 million in cash plus $4.6 million in short-term investments, with no long-term debt and a $2.0 million undrawn credit line expiring in 2026. Governance, internal controls, and cybersecurity practices are described as effective, and the Cooperative reported no material legal proceedings or cybersecurity incidents in 2025.
Golden Growers Cooperative amended its annual report to include auditor opinions and updated certifications and disclosed material plans tied to its ProGold investment. The cooperative reports 15,490,480 membership units outstanding and audited net income of $6,041,000 for 2024. The board and Cargill agreed Cargill will purchase Golden Growers' 50% interest in ProGold for $81,000,000 within 30 days after the Facility Lease expires (lease term through December 31, 2026). In January 2025 the cooperative declared a distribution of $3,562,810 ($0.23 per unit) and the board approved submitting a Plan of Liquidation and Dissolution to members for approval at the 2025 meeting. Audits for 2023 and 2024 are unqualified. Financial statements and iXBRL tags are filed with the amendment.