VALLEY UNITED CO-OP MISSION STATEMENT

“Our mission at Valley United Co-op is to be a leader in providing quality products, services and markets to our customers while optimizing value to our shareholders”

VALLEY UNITED CO-OP VISION STATEMENT

 To be the preferred supplier of Ag products in Eastern NDAK & western MN by exceeding our customer’s expectations. We will continue to place a priority on our employees, our customers & shareholders.


Community Involvement

Valley United Co-op takes pride in its community involvement. The communities we serve include Ada and Halstad, MN, as well as Buxton, Hatton, Hillsboro, Mayville, Portland and Reynolds, ND. At Valley United, our employees and board feel a deep sense of responsibility to be good corporate citizens and neighbors in the towns where we operate, partly because it’s the right thing to do. And partly because we live in these communities too. It is in that spirit that our cooperative has long been a long time financial supporter of local initiatives, including Dollars for Scholars, fundraiser walks and golf outings to raise money for Alzheimer’s Disease and Parkinson’s Disease research, and providing Shrine Circus tickets for Central Valley kids.  We have also partnered with Land O’Lakes, who matches our contributions dollar-for-dollar, to fund our local fire and rescue departments, purchase iPads for local schools, and bleachers and baseball equipment for local youth sports teams. 

Local Food Pantries

Reynolds, ND – As part of their commitment to support their local communities,
Valley United recently donated $1100 each to Valley Food Shelf- Ada, MN, Hatton
Helping Hand Food Pantry- Hatton, ND, and Hillsboro Kiwanis Food Pantry, Hillsboro,
ND then applied for-and was granted- matching $1100 grants from Land O’Lakes.
A total of $6300 was donated to support these food pantries to meet the demand in
their communities.

Local Fire Departments

This year Valley United made a donation to the Reynolds, ND Fire Department for fireproof turnout gear. They have also donated to the Halstad Fire Department to go towards new fire equipment. As well as the Buxton Fire Department to purchase new fireproof boots for all of the firemen. Valley United is very grateful for all of the local firefighters in our surrounding areas as they protect the community. Thank you
 

Close-up Program

Valley United made a donation to go towards the Hillsboro
“Close-up” Program which allows students to travel to Washington DC and to
learn about our nation’s history and government.

 

Other Donations

Larry’s Legends, Family Fun Day- Larimore, Dakota Medical Foundation, Fire Frost ATV Club, Elks Banquet, Central Valley School Dollars for Scholars, Central Valley School Post Prom, Central Valley School FBLA, Hunter Safety- Hatton, Larry Sing Golf Tournament, Shrine Circus, Jordan Adams Racing
 

What is Patronage and How Does it Work?

Patronage is the distribution of a co-op’s profits back to its members. The amount each member receives is generally based on the amount of business they do with the co-op in a fiscal year.  Members are required to spend at least $10,000, complete a credit application, and maintain an account in good credit standing to receive patronage.  The rates are determined based on sales and profitability for each respective commodity There are two components of patronage, cash, and equity. Co-ops are required to pay back at least 20% of the profits to members in cash. Recently, the Valley United Co-op Board of Directors has decided to pay 50% in cash with the balance distributed as “Allocated Equity”. Equity is the portion of patronage that is retained and used for operating the co-op. Your patronage both cash and non-cash from Valley United Co-op is taxable. A 1099 Patronage IRS form will be mailed out in January for patronage received in the previous year. Estates are paid as received after board approval and the proper documents have been submitted.