New General Manager Randy Dumenko told the 76th annual meeting of the North of 53 Co-op 2020 was a year full of challenges brought on by COVID-19. He said it was a busy year with sales exceeding 33.3 million dollars including 26.9 million in food sales. He noted sales in the food department were up 18.9 percent but there was a significant decrease in their petroleum business both due to COVID restrictions while propane sales were up 5.6 percent. Dumenko reported with their local loss being minimal and with Federated Co-op patronage and loyalty programs they were left with savings after tax of just over 848 thousand dollars which the Board has elected to do an allocation of 331 thousand with a total cash repayment of just over 167 thousand dollars to the membership with cheques to be mailed shortly.
Board President Dave Kendall reported this year there were openings for two positions for three year terms on the Board filled by Dennis Whitbread and Kelsey Horrocks and a two year appointment of James Johnson to fill the vacancy on the Board.
