Basic Principles of a Cooperative

The basic principles of a cooperative, to which we subscribe, are:

Voluntary Membership
- Cooperatives are voluntary organizations open to persons willing to accept the responsibilities of membership. The relationship can be voluntarily ended at any time.
Democratic Member Control
- Cooperatives are democratic organizations controlled by their members, who actively participate in setting policies and making decisions. Members have equal voting rights (one member, one vote).
Member Economic Participation
- Members contribute equitably to, and democratically control, the capital of their cooperative. At least part of that capital is usually the common property of the cooperative.
Autonomy and Independence
- Cooperatives are autonomous, self-help organizations controlled by their members.
Education, Training, and Information
- Cooperatives provide education and training for their members, elected representatives, managers, and employees so they can contribute effectively to the development of their cooperative.
Cooperation among Cooperatives
- Cooperatives often work together through local, national, regional, and international entities.
Concern for Community
- While focusing on member needs, cooperatives work for the sustainable development of their communities through policies accepted by their memberships.

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"In my opinion, the IWDC Co-op represents a well-run, open, and honest business that provides members with high-quality products, services, and revenue."

- Mike Barnes

Fresno Oxygen