Annual Meeting Well-Attended
Thank you to those that attended our 55th Annual Members Meeting on Wednesday, October 6th. Those attending were first treated to a delicious BBQ Pork meal at the Herreid Community Center, catered by The Lyric Restaurant of Eureka.
At 6pm, Kristi LaRae Goldade of Wishek, ND entertained Valleys members at the Herreid School Gym. Kristi sang a variety of country classic songs and entertained the crowd with her fantastic yodeling techniques.
At 7pm, Our Nations Colors were presented by the Jacob A. Heinrich Legion Post #170 of Herreid and Commander Stephan J. Volk led the membership in the Pledge of Allegiance. Pastor Jimmy Hall of the Herreid Reformed Church provided the invocation and Herreid Mayor David VanderGeneral Manager John Tormoeheln welcomed the membership and the meeting was called to order by board President Dean Wessel.
Capital credit checks were mailed on Monday, October 4th. President Wessel reported that a total of $432,649.92 was refunded to members this year. The refund consisted of 100% of remaining credits from the year 2001, 20% of the credits from 2002, and 10% of credits from 2009. In all, 3,794 checks were issued! The largest check was issued in the amount of $5,785.94. The smallest check was in the amount of twenty-seven cents. The average capital credit refund check was $114.04. As you can see, doing business with your local cooperatives really does pay!
Accountant Derrick Larson of Eide Bailly presented the financial report and attorney Darla Rogers of Riter, Rogers, Wattier, Brown & Northrup advised the membership that Valley remains strong and is in good standing. In just fifty-nine minutes, the meeting was adjourned!
Registered members attending the meeting received a handy pocket tool in appreciation for their attendance.
Following are some interesting meeting statistics: 529 meals were served, 289 registered members were present, 357 attendees registered for door prizes. Following is the attendance breakdown: Hosmer – 6, Eureka – 89, Ipswich – 3, Herreid – 114, Leola – 11, Long Lake – 2, Glenham – 6, Pollock – 36, Mound City 22.