Social Co-ops Are Owned By Their Members
The cooperative business model is being creatively utilized to deliver social and public services as well as create employment opportunities for people who may be unemployed or under-employed. Social cooperatives are diverse, but they are united by their values-based operations to deliver needed services in their communities and keep their businesses controlled by the people at the heart of each organization.
What is Member-Owned?
In social cooperatives, member-ownership is creatively structured. Examples include:
- A childcare center owned by the parents or caregivers;
- A youth cooperative managing a city service, owned by the young adults who work there; and
- A public service or business owned and managed by individuals with disabilities.
What Makes Social Co-ops Unique
Social cooperatives provide their communities, both inside and outside of the direct business, with dignified work, the delivery of an excellent service or product, and a direct voice in, and connection to, the business. What makes these businesses unique is their unfaltering dedication to their social missions and services, giving them a competitive edge against conventional businesses that do not holistically address their community needs.
“Social co-ops can be all kinds of businesses, but they are united by their values-based operations to deliver needed services in their communities and keep their businesses controlled by the people at the heart of each organization.”
Did You Know?
- There are over 1,000 childcare cooperatives in the United States.
- Child care costs for working parents can be reduced up to 85% by cooperative daycares.