Gavin is rocking it as a Junior Race Fan!
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
In 1942, Walter and Ethel Smith moved to Eau Galle, Wisconsin and purchased 300 hives of bees. Along with the bees, they also had maple rich property in Arkansaw that they were able to tap and boil sap in a sugar house to make maple syrup. Walter and Ethel’s son, John, grew up working with these bees and tapping the trees for maple syrup.
As time went by, John and his wife, Shirley, eventually took over the family business and in 1980 moved the maple syrup operation to their home property in Eau Galle, expanding to over 1000 hives of bees.