Crop Year Financial Reports
Member Equity Information A member's allocated equity represents their share of the Cooperative's total allocated equity position. The allocated equity is based on the pounds delivered in the crop year and fiscal year indicated as previously reported in the year of allocation.
The Cooperative issues non-qualified per-unit retains to its Seasonal and Call Pool members at the time of initial advance. Non-qualified per-unit retains are fully taxed in the year of redemption.
Allocated equity is redeemed at the Board's discretion with a timely revolvement targeted at five to seven years from issuance. This ensures that ownership and control of the Cooperative remains in the hands of current members and that their investment is returned in a timely manner. In addition to the revolving allocated equity plan, the Board will supplement the Cooperative's equity position as needed with operating income generated from its subsidiaries. This income is retained in the form of unallocated equity and helps to maintain adequate capitalization for growth and risk management of the Cooperative. Maintaining a healthy balance sheet is essential to the long term viability of the Cooperative.
VIEW your Equity Position Under MEMBER SERVICES >>
Matthew Williams - Vice President, Finance
Benita Eubanks - Senior Accounting Associate
Producer Direct Deposit Authorization Form