Benefits of Ownership
Ownership gives you a vote and through it, a voice in the direction and development of Wasatch Cooperative Market.
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Members also enjoy an annual dividend (pending store success), member discounts, access to special programs and information through a member website log-in account, monthly updates on co-op progress, events, store specials, and more.
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Most importantly, you become part of the support system for a true community-building project that will enrich the lives and make a better future for everyone!
Sells food that comes from local, humane and sustainable sources
Provides a reliable source of organic and Non-GMO foods
Guarantees a trusted source of health and nutrition information
Improves the quality and quantity of locally produced food and other products
Supports farmers through fair trade practices
Welcomes and celebrates every customer
Gives you control of the store through a stronger voice of product selection
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Listens to you, because YOU OWN IT!
Makes you eligible for our Local Business Partner program
Provides you annual refunds based on your patronage of the Co-op
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Is governed by an elected Board of Directors
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Your Ownership Impact
Because it is OUR store, our collective ownership creates the Co-op. Growth in the number of owners allows development to continue:
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600 co-owners were needed to look for a location;
750 co-owners needed to announce a potential location;
1,100 co-owners needed to launch the capital campaign;
1,500 co-owners needed to open our doors!
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The dollars you invest as an owner build our community
and help fund the start-up process.
The more owner-based capital Wasatch Cooperative Market has, the less we’ll need to borrow and the sooner owners can receive patronage refunds.
Disclosure Statement
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The member owned unit you purchase is not expected to appreciate in value, nor will a dividend or other return be paid on it. Consequently, the member-owner unit is not a security under the law. Further your voting privileges depend on your patronage of the Co-op. If you do not patronize the Co-op your voting privileges may be canceled by action of the Board of Directors. Proceeds from the purchase of member-owner units will be used to pay for operating the Co-op. The Co-op is under no obligation to redeem our member-owner unit unless the Co-op dissolves. If dissolution occurs the Co-op may be unable to redeem your member owner unit. At no time during the development of the store, or 18 months after opening the market is your unit or any portion thereof redeemable. Following this time period your member owner unit will be redeemable when the Co-op has available capital or when redemption of your member-owner unit will not financially endanger the co-op. If redemption occurs, the current value of your member-owner unit may be established by the Board of Directors at the tie of redemption.