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What is a cooperative?
A cooperative is a member-owned business. Membership is open to those who use the cooperative's services. Democratically controlled and operated on a non-profit basis, a cooperative returns any margins or profits to members on the basis of patronage.

All cooperatives share the following seven business principles:

1. Open and voluntary membership
2. Democratic member control
3. Non-profit operations
4. Autonomy and independence
5. Continuing education
6. Cooperation among other cooperative businesses
7. Concern for local communities

The following businesses are cooperatives:

  • Ocean Spray
  • Ace Hardware
  • Agway
  • Nationwide Insurance
  • Sunkist
  • Tri-County REC

Questions & Answers about Cooperatives
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