What Is a Co-op?
A consumer co-op is a business owned and democratically governed by its customers. That means that unlike a corporation, our purpose isn’t to accumulate profits for investors, but rather to meet the goals and aspirations of our community. Any surplus we generate is reinvested in the business or returned to our owners at the end of the fiscal year.
The cooperative business model has proven successful at blending and meeting value-centric and profit goals. This approach allows a cooperative to make decisions that are healthy for its owners, employees community and farmers and vendors
As an organizations we support and align with the International Cooperative Alliance’s 7 Cooperative Principles:
- Voluntary and Open Membership
- Democratic Member Control
- Member Economic Participation
- Autonomy and Independence
- Education, Training and Information
- Cooperation Among Cooperatives
- Concern for Community
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