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Cooperative Development Institute The Keep Local Farms program connects consumers with New England dairy farmers through promotion of all dairy products, education on farm activities and the potential for consumers to directly support dairy farmer-members of the New England Family Dairy Farm Cooperative. If you are interested in local food production, productive open land and your local community – click to learn more about the Keep Local Farms program.
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PV Squared is a worker-owned cooperative based in western Massachusetts and central Connecticut that provides assistance with renewable energy systems.
Cooperatives exist in every industry, every geographic area, in rural and urban areas, serving rich and poor. It is a way of doing business as old as human life. Co-ops are owned by consumers, producers/farmers, workers, businesses/organizations, municipalities and governments, and other co-ops. Cooperative businesses exist to meet their members' needs and they are focused more on service than investment. Cooperatives are owned and controlled by their members. Increased local control keeps the co-op in the community. In this business structure, profits return to members, thus money is kept within a community. Consumers believe co-ops have better products and services at a lower cost. The most common types of cooperatives are: Consumer Cooperative: A consumer cooperative is a purchasing organization, usually retail in nature, that is formed by and for the benefit of the consumer. Consumer cooperatives are guided by the principle that the process of producing and distributing goods and services shouldn't be controlled by major corporations with the goal of maximizing profit. Instead, they should be owned, controlled and directed by the consumer to supply his or her economic needs. Members benefit by gaining access to quality goods and services, many otherwise unavailable, in proportion to the use they make of them. By acting together, members have an economy of size and increase their bargaining power. Members also share the earnings. When the organization generates profits, members receive earnings based on their level of involvement with the cooperative.
Rhode Island College, the state’s oldest public institution for higher learning, is home for RIC Cooperative Playschool. A cooperative preschool is formed by a group of parents who organize to provide their children with a quality early childhood program.
Producer Cooperative: Owned and operated by producers working either separately or as a group, a producer cooperative is an organization formed to offer its members expanded marketing capabilities and production efficacy. After allowing for the expenses of operation and funds allocated for expansion or reserves, it operates on a cost basis for the mutual benefit of its members and stockholders, as producer or patrons. Business Owned Cooperative: A business-owned cooperative is an organization owned by a group of businesses for their mutual benefit. these businesses cooperate with each other, forming an alliance to purchase goods and services at a total cost that is substantially less than the costs that would be incurred by individual businesses acting alone. By purchasing cooperatively, their buying activity becomes more efficient. They also save through lower administrative costs and guaranteed levels of business with vendors and suppliers. The member businesses that belong to the co-op agree to pay set fees, participate in governing the co-op and use its services. A business-owned co-op has a democratically-elected Board of Directors to oversee policies and operations and hire management personnel, who in turn hire staff and implement the Board's policies. Business-owned cooperatives are common in the telecommunications and electric utility industries.
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