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Cardinal Ethanol LLC
1554 N 600 E
Phone: (765) 964-3137p:765 964-3137 UNION CITY, IN  47390  United States Ticker: CRDECRDE
Business Summary
Cardinal Ethanol, LLC and its subsidiaries is engaged in producing fuel-grade ethanol, distillers grains, corn oil and carbon dioxide near Union City, Indiana and sells these products throughout the continental United States. In addition, the Company procures, transports, and sells grain commodities through grain operations. Its divisions include ethanol and trading. Its ethanol division markets and sells ethanol and its co-products primarily in the continental United States using third party marketers. Its ethanol products are marketed by Murex, LLC and distillers grains are marketed by CHS, Inc. It markets and distributes all the corn oil it produces directly to end users and third-party brokers. The Company's trading division has a grain loading facility within its single site to buy, hold and sell inventories of agricultural grains, primarily soybeans. It performs no additional processing of these grains, unlike the corn inventory the Company holds and uses in ethanol production.

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

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
12/31/20239/30/2023YesYes---

Industries
SIC Code Description
2860 Industrial organic chemicals
2869 Industrial organic chemicals, not elsewhere classified
2046 Wet corn milling
2813 Industrial gases

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Independent Chairman of the Board Robert J.Davis 63 1/1/2010 12/7/2005
President, Chief Executive Officer Jeffrey L.Painter 66 11/1/2008 1/1/2007
Vice Chairman of the Board Thomas E.Chalfant 72 2/1/2016 2/7/2005
8 additional Officers and Directors records available in full report.

Business Names
Business Name
Cardinal Colwich, LLC
Cardinal Ethanol LLC
CRDE
Indiana Ethanol, LLC

General Information
Number of Employees: 72 (As of 11/30/2023)
Outstanding Shares: 14,606 (As of 2/8/2024)
Shareholders: 1,036
Stock Exchange: OTC
Federal Tax Id: 202327916
Fax Number: (765) 964-3349
Email Address: cardethanol@verizon.net


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Saturday, April 27, 2024