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Lake Area Corn Processors LLC
46269 SD HIGHWAY 34, DAKOTA ETHANOL, LLC
Phone: (605) 483-2676p:605 483-2676 WENTWORTH, SD  57075  United States Ticker: LKCRULKCRU
Business Summary
Lake Area Corn Processors, LLC owns and manages an ethanol plant that has a nameplate production capacity of 100 million gallons of ethanol per year through its wholly owned subsidiary Dakota Ethanol, L.L.C. The Company’s segments include Production and Ethanol Producing Equity Method Investments. The Production segment includes the manufacture and marketing of fuel-grade ethanol and co-products of the ethanol production process. The Ethanol Producing Equity Method Investments segment consists of the aggregation of the Company's two equity method operating segments of investment in Guardian Hankinson, LLC, and investment in Ring-neck Energy & Feed, LLC. Fuel grade ethanol is its primary product. The Company also sells distillers grains and corn oil, the principal co-products of the ethanol production process. The ethanol plant produces at a rates more than 98 million gallons of ethanol per year.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
Yes--Yes---

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
12/31/202312/31/2023YesYes---

Industries
SIC Code Description
2869 Industrial organic chemicals, not elsewhere classified
2085 Distilled and blended liquors

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Independent Chairman of the Board of Managers Todd M.Brown 57 1/1/2013 1/1/1999
Chief Executive Officer ScottMundt 61 8/1/2007 8/1/2007
Independent Vice Chairman of the Board of Managers Rick A.Kasperson 66 4/8/2014 1/1/2007
7 additional Officers and Directors records available in full report.

Subsidiaries
Business Name Address City State/Province Country
Dakota Ethanol, LLC 46269 Hwy 34 Wentworth SD United States

Business Names
Business Name
Dakota Ethanol, LLC
LAKE AREA CORN PROCESSORS LLC
Lake Area Corn Processors, LLC
LKCRU

General Information
Number of Employees: 47 (As of 12/31/2023)
Outstanding Shares: 59,240,000 (As of 3/7/2024)
Shareholders: 1,051
Stock Exchange: OTC
Federal Tax Id: 460460790
Fax Number: (605) 483-2681


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Friday, April 26, 2024