Hands Together

Iowa Cooperatives

October is National Cooperative Month

 

Show your support by sharing why you love your cooperative on social media with #MyIowaCooperative

 

What is a Cooperative?

MEMBER-OWNED

Cooperatives are owned and democratically controlled by their members. Members elect the board of directors. This elected board of directors oversees the business and sets policy. 

EMPLOYS 12,000+ IOWANS

 

If all cooperative employees were grouped together, they would be one of the top 10 largest employers in the state; employing more than 12,000 Iowans!

FOR THE BENFIT OF MEMBERS

Cooperatives operate for the benefit of their members, rather than earning profits for investors.

COMMUNITY-FOCUSED

Along with community-focused missions, cooperatives generate more than 

$60 million in property taxes, which is paid to Iowa communities.

Image by Hannah Busing

The
Cooperative
Advantage

Iowans receive unique benefits when doing business with a cooperative vs a non-cooperative business model. Distinct qualities of the cooperative advantage include:

  • Members can work together to meet challenges and solve problems ​

  • Democratic control through member-ownership

  • Reduced cost of expenses for members

  • Access to products or services that might otherwise be unavailable to the cooperative members

  • Provides new and existing market opportunities for cooperatives and members

  • Maximized member earnings

 

The Cooperative Principles

1. VOLUNTARY & OPEN MEMBERSHIP

2. DEMOCRATIC MEMBER CONTROL

3. MEMBERS' ECONOMIC PARTICIPATION

4. AUTONOMY & INDEPENDENCE

5. EDUCATION, TRAINING &
INFORMATION

6. COOPERATION AMONG COOPERATIVES

7. CONCERN FOR COMMUNITY

TYPES OF COOPERATIVES

Credit Unions

Electric Utilities

Health Care

Real Estate 

Telecommunications

Agriculture

Transportation

Insurance

 

 
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