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Oct 19, 2017
Debbie Trocha, Executive Director, Indiana Cooperative Development Center

In recent years, NCBA CLUSA has estimated that there are about 40,000 cooperative businesses within the U.S. Now, new research from the University of Wisconsin–Madison’s Center for Cooperatives (UWCC) has validated that number. The new report, coupled with anticipated federal data from the 2017 Economic Census, will put the U.S. at the forefront in national reporting on the cooperative sector.

Topics: Cooperation Among Co-ops Tags: co-op, cooperative, economy, US economy Comments: [comment_count]
Oct 18, 2017
Debbie Trocha, Executive Director, Indiana Cooperative Development Center

A little bit of kindness goes a long way toward.....Building a Better World. Cooperatives around the U.S. demonstrate Principle 7, Concern for Community, as they commit to kindness. Count your kind acts towards the one million!  Learn more and pledge today.  #Coops4kindness

 

Topics: Cooperation Among Co-ops Tags: cooperatives, co-ops, pledge, kindness, prinicple 7, p7 Comments: [comment_count]
Oct 13, 2017
Debbie Trocha, Executive Director, Indiana Cooperative Development Center

The Indiana Cooperative Development Center and the Mid America Cooperative Council celebrate Co-op Week in Indiana

The Indiana Cooperative Development Center (ICDC) and the Mid America Cooperative Council (MACC) are celebrating Cooperative Week, October 15-21, along with 40,000 other cooperative businesses serving more than 120 million people nationwide. “Cooperatives Commit” is the theme of this year’s celebration, when cooperatives across the nation engage in efforts to make more people aware of the advantages of the cooperative business model.

As member-owned and member-controlled businesses, cooperatives commit to meeting the needs of their members and communities, rather than generating returns for distant investors.    

Both Deb Trocha, Executive Director of ICDC and Rod Kelsay, Executive Director of MACC agree that “This year’s theme is right on target, because co-ops commit in so many ways to meeting the needs of their members and building stronger communities.”

Consider these ways that co-ops commit:  

Food & electric co-ops “round up” to the next dollar your purchase and then donate that money to a local non-profit chosen by their members.  A crew of 16 Indiana electric cooperative lineworkers participated in a trip to a developing area of Guatemala in April 2017as part of an international initiative to bring electricity to the region.

Cooperatives Commit to Community

The seventh cooperative principle is Concern for Community. Cooperatives work for the sustainable development of their communities through employee involvement in local organizations, through youth development programs, and charitable contributions in their community.

Cooperatives Commit to Jobs

Cooperatives generate jobs that are tied to their communities, which keep profits local and pay local taxes to help support community services. Cooperatives often take part in community improvement programs, ensuring that everyone has an opportunity to benefit from the cooperative experience.

Cooperatives Commit to Principle Values

Nearly all co-ops adhere to the same seven cooperative principles: 1) Voluntary and Open Membership, if you meet the field of membership, you are welcome to join; 2) Democratic Member Control, a one member one vote policy gives every members an equal voice in selecting their representatives; 3) Member Equity Participation, every member must have an equity stake in their cooperative; 4) Autonomy and Independent Businesses, they make their own decisions: 5) Education, Information, and Training, a great emphasis is placed on teaching cooperative knowledge and training; 6) Cooperation among Cooperatives, co-ops believe they can be more effective when they cooperate for mutual benefit; 7) Concern for Community, cooperative members are especially concerned about their local community where their members share with co-op employees.

Every cooperative began because a group of people collectively believed they could accomplish more together than they could separately.  Working for mutual benefit better serves everyone.  Nearly all cooperatives follow these principles even though they are each uniquely different to meet their members unique needs.

Cooperatives Commit to a Better World

Through all of the above ways, cooperatives build a better world.

 

Topics: Cooperation Among Co-ops Tags: co-op, cooperatives, Indiana, ICDC, MACC Comments: [comment_count]
Oct 11, 2017
Debbie Trocha, Executive Director, Indiana Cooperative Development Center

NCB, The National Co-op Bank, recently announced the 2017 NCB Co-op 100 and there were five Indiana Cooperatives on the list: Do-It-Best, Countrymark, Wabash Valley Power Assoc., Co-Alliance and Hoosier Energy Rural Electric Co-op. Congratulations!

To learn more about the Co-op 100 click here.

Topics: Cooperation Among Co-ops Tags: cooperatives, coops, co-op, NCB, National Coop Bank, Coop 100 Comments: [comment_count]
Sep 20, 2017
Debbie Trocha, Executive Director, Indiana Cooperative Development Center

Kentucky’s Touchstone Energy Cooperatives have earned international acclaim for their success in using innovative technology to bring jobs and investment to Kentucky. To better gain attention for communities located primarily in rural Kentucky, the co-ops have developed ground-breaking tools to showcase Kentucky’s resources to industries looking to expand or relocate. Since the beginning of 2015, Kentucky’s Touchstone Energy Cooperatives have been involved in economic development projects that resulted in 7,000 jobs and over $2 billion in investment for Kentucky.​  Click here to learn more about how Kentucky's rural electric co-ops express concern for their communities.

Topics: Networking Tags: Kentucky, rural, economic development, rural electric Comments: [comment_count]

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