A co-op is a business that is owned by its members and exists to serve its members. A common misconception is that a co-op means organic food, but the cooperative business model can be applied to many kinds of businesses. Traditionally co-ops are guided by a set of principles that were outlined by the original co-op in Rochdale, England in 1884. Wirth Co-op Grocery embodies the spirit of the Cooperative Principles.
1. Voluntary and Open Membership: Ownership is open to everyone!
2. Democratic Member Control: WCG is a democratic business where every owner only has one voting share and therefore an equal say. Owners vote to elect a Board of Directors that govern the co-op on their behalf.
3. Member Economic Participation: When the co-op makes a profit, the profit will be allocated and dispersed among Owners!
4. Autonomy and Independence: WCG follows the cooperative principles but ultimately is its own, unique entity.
5. Education, Training, and Information: WCG believes that informed Owners, staff, youth, and the general public creates a health and strong cooperative community! Always as questions.
6. Cooperation Among Cooperatives: Cooperation begets cooperation.
7. Concern for Community: WCG is here to support the sustainable development of our community.