Cooperatives are everywhere helping people meet their needs through common effort.
Cooperatives have a special commitment to helping their members and their communities adapt to the times. That’s because cooperatives unlike many businesses are locally owned and operated.
Cooperatives are part of the self-help tradition of America.
Cooperatives are businesses organized by people to provide needed goods and services.
Cooperatives are member-owned businesses that:
- Provide an economic benefit for their members.
- Are democratic organizations, controlled by the members.
- Are autonomous and independent.
- Recognize the importance of education about cooperative business and organizational needs.
- Support cooperation among cooperatives, which has resulted in the growing importance of cooperatives in today’s global economy.
- Exhibit concern for their communities.