Depot St., Maryville, MO 64468
(660) 582-2106

What is a coop?

A cooperative is a business. Co-ops range in size from small store-fronts to large Fortune 500 companies. In many ways, they're like any other business, but differ in several important ways.

Cooperatives

  • Are owned and democratically controlled by their members-the people who use the co-op’s services or buy its goods-not by outside investors; Co-op members elect their board of directors from within the membership.
  • Return surplus revenues (income over expenses and investment) to members proportionate to their use of the cooperative, not proportionate to their “investment” or ownership share.
  • Are motivated not by profit, but by service-to meet their members’ needs or affordable and high quality goods or services; Exist solely to serve their members.
  • Pay taxes on income kept within the co-op for investment and reserves. Surplus revenues from the co-op are returned to individual members who pay taxes on that income.