By becoming a member, you also become part owner, not only sharing in the profits of the organization, but also having a voice in the direction of the company. As a member, your stake in the company is directly proportional to the amount of services you use. Therefore, the more you spend, the more you earn!
Cooperatives are businesses that:
Are owned and democratically controlled by their members-the people who use the co-op’s services or buy its goods-not by investors.
Return surplus revenues (income over expenses and investment) to members proportionate to their use of the cooperative, not proportionate to their ownership share. This is known as Capital Credits.
Are motivated by service to their members, not by profit.
Cooperatives have been changing the face of doing business for over 150 years.
Over 100 million people are members of more than 48,000 cooperatives in the United States today.
Cooperatives are partners in our community, investing in economic development and human involvement that will keep our hometowns and rural areas alive and well in years ahead