IOWA COOPERATIVES

 

October is National Cooperative Month

2021 Theme: "Build Back for Impact"

 

Show your support by sharing why you love your cooperative on social media with #BuildBackForImpact & #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. 

#10

 

EMPLOYS ALMOST 11,000 IOWANS

 

If all cooperative employees were grouped together, they would be one of the top 10 largest employers in the state; employing almost 11,000 Iowans!

FOR THE PROFIT 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 almost $41 million in property taxes, which is paid to Iowa communities.

 "Alone, we can do so little; together, we can do so much."
 

 - Helen Keller
 

Happy Family in Nature

The Benefits of Cooperatives

  • Members can work together to meet challenges and solve problems

  • 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 profit

 

The 7 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

EXAMPLES OF COOPERATIVES

Credit Unions

I
nsurance

Health Care

Real Estate 

Telecommunications

Agriculture

Transportation

Electric Utilities