Annual Report 2024
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Annual Report 2024
May 30, 2024
"Without the support of our Members and customers, Southern Plains Co-op would not be where we are at today, so thank you for your continued support last year and in the future. We owe our success to you, who purchase our products and services every day by putting Co-op first. We believe the benefits of Membership in Southern Plains are evident. " Scott Kienlen, President of the Board.
Some quick highlights:
- For the year ending January 31, 2024, our sales were $108,846,789
- Annual net savings after receiving the FCL fuel loyalty payment and patronage allocation and a deduction for income taxes payable, our net savings were $3,572.887
- In total, we paid $1,502,023 back to our Members in cash for 2023.
- We continue to invest in the communities we serve — total donations and sponsorships for 2023 were over $201,000
- Southern Plains currently employs 225 staff, an increase over the previous year which reflects the steadiness and prosperity of our association.
- Construction began in late fall of 2023 on the new Food Store in Carlyle. This project is on budget and on schedule, set to open in late fall 2024.
- The Administrative office relocated this past winter, moving into the former Agro location on Kensington Ave in Estevan.
If you wish to review our 2024 Annual Report, including complete messages from the President of our Board and our General Manager, please see the copy attached below.