The Panhandle Cooperative Association held its annual meeting on Jan. 12, at the Gering Civic Center.
The cooperative had a profit of $2,357,210 in their fiscal year ending Aug. 31, 2021.
“The profits went into retained savings of the company. No patronage will be paid out,” said CFO, Kim Anderson. “Equity redemptions for estates and retirements paid throughout the year totaled $122,784.”
The cooperative’s board of directors also awarded Troy Harper, manager at Kimball Main Street Market as the winner of the Roy Chelf Employee Award,
“Troy is a 19-year employee, and his dedication to Panhandle Coop is an example of how we would like all employees to be,” said Jim Lapaseotes, governance committee chair of the Board of Directors. “Troy started out as a stocker in Torrington, and five years ago became the store manager in Kimball.”
For more on the cooperative’s year from Charlie Wright, president, and CEO of the Panhandle Cooperative Association listen below: