IOWA
COOPERATIVES
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.
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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
The Benefits of Cooperatives
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Members can work together to meet challenges and solve problems
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Reduced cost of expenses for members
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Access to products or services that might otherwise be unavailable to the cooperative members
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Provides new and existing market opportunities for cooperatives and members
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Maximized member profit