Facts about Cooperatives

 
Bolstering our decision to incorporate as a cooperative are statistics such as the following:
  • 29,000 cooperatives operate in every sector of the U.S. economy.
  • 1 billion people are members of cooperatives worldwide.
  • 1 in 3 Americans are co-op members holding 350 million co-op memberships worldwide.
  • U.S. cooperatives generate 2 million jobs each year, contribute $652 billion in annual sales, and possess $3 trillion in assets.
  • 92 million Americans turn to 7,500 credit unions – which are cooperatives – for their financial services.
  • Most of the America’s 2 million farmers are farmer co-op members providing 250,000 jobs and $8 billion in annual wages.
  • 1.2 million U.S. families of all income levels live in homes owned and operated through cooperatives.
  • 42 million Americans rely on electricity from 900 rural electric co-ops in 47 states – making up 42% of the nation’s electric distribution and covering 75% of our land mass.
  • 233 million people are served by co-op-owned and affiliated insurance companies.
  • 1.2 million rural Americans are served by 260 telephone cooperatives in 31 states.
  • 50,000 U.S. families rely on cooperative daycare facilities and preschools for the care of their children.
 
You've read:
 
Now continue reading:
 
If you’d like to know more about what being a cooperative means to us – and to you – explore our website and contact the IWDC.
view more

News

Jun
06
IWDC Achieves Charity Goal and Sets New All-time Sales Record!
Indianapolis, IN – June 6, 2019 – Coming off a highly successful Sales & Purchasing Convention, IWDC set...
May
10
IWDC Member Westair Gases Acquires Welding Business From Rayco Industrial Supply in Modesto, CA
IWDC Member, WestAir Gases, headquartered in San Diego, CA is proud to announce they acquired the welding side of Rayc...
Apr
26
Greg Mayer joins the IWDC
The IWDC is pleased to announce that effective Monday, April 22 Greg Mayer will join the IWDC as Northern Regional Sales...