A Cooperative is a business that is owned by the people who use its goods or services. All owners of a cooperative have one vote, keeping the control of the organization spread equally among all owners. There are several types of cooperatives, each named for the role the owners play in the business: producer, worker, consumer, and purchasing co-ops. The Weaver Street Market Cooperative is one of only a handful of co-ops that is a hybrid of two of these models, being both consumer- and worker-owned.
Around the world, Cooperatives are represented by the international, non-governmental organization the International Cooperative Alliance (ICA) . In 1995, the Congress and General Assembly of the ICA drafted a Statement of Cooperative Identity that lists the Values and Principles of Cooperatives.
In the US, Cooperatives across all sectors are led by the National Cooperative Business Association (NCBA) whose mission is to develop, advance and protect cooperative enterprise. The grocery and natural foods cooperatives are allied as members of the National Cooperative Grocers Association (NCGA).
All of our profits are returned to owners, donated to our community, or used to strengthen the cooperative. Cooperative businesses are honest, open and fair, behave with integrity, and remain accountable for their actions.