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The Cooperative Principles
- Voluntary and Open Membership: Cooperatives
are voluntary organizations, open to all persons able to use their
services and willing to accept the responsibilities of membership,
without gender, social, racial or religious discrimination.
- Democratic Member Control: Cooperatives are
democratic organizations controlled by their members, who actively
participate in setting their policies and making decisions. Men and
women serving as elected representatives are accountable to the
membership. In primary cooperatives, members have equal voting
rights, one member, one vote, and cooperatives at other levels are
organized in a democratic manner.
- Members Economic Participation: Members
contribute equally to, and democratically control, the capital of
their cooperative. At least part of that capital is usually the
common property of the cooperative. They usually receive limited
compensation, if any, on capital subscribed as a condition of
membership. Members allocate surpluses for any or all of the
following purposes: developing the cooperative, possibly by setting
up reserves, part of which at least would be indivisible;
benefiting members in proportion to their transactions with the
cooperative; and supporting other activities approved by the
membership.
- Autonomy and Independence: Cooperatives are
autonomous, self-help organizations controlled by their members. If
they enter into agreements with other organizations, including
governments, or raise capital from external sources, they do so on
terms that ensure democratic control by their members and maintain
their cooperative autonomy.
- 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 cooperatives.
They inform the general public, particularly young people and
opinion leaders, about the nature and benefits of cooperation.
- Cooperation Among Cooperatives: Cooperatives
serve their members most effectively and strengthen the cooperative
movement by working together through local, national, regional, and
international structures.
- Concern for Community: While focusing on
member needs, cooperatives work for the sustainable development of
their communities through policies accepted by their members.
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The Cooperative Principles
- Voluntary and Open Membership: Cooperatives
are voluntary organizations, open to all persons able to use their
services and willing to accept the responsibilities of membership,
without gender, social, racial or religious discrimination.
- Democratic Member Control: Cooperatives are
democratic organizations controlled by their members, who actively
participate in setting their policies and making decisions. Men and
women serving as elected representatives are accountable to the
membership. In primary cooperatives, members have equal voting
rights, one member, one vote, and cooperatives at other levels are
organized in a democratic manner.
- Members Economic Participation: Members
contribute equally to, and democratically control, the capital of
their cooperative. At least part of that capital is usually the
common property of the cooperative. They usually receive limited
compensation, if any, on capital subscribed as a condition of
membership. Members allocate surpluses for any or all of the
following purposes: developing the cooperative, possibly by setting
up reserves, part of which at least would be indivisible;
benefiting members in proportion to their transactions with the
cooperative; and supporting other activities approved by the
membership.
- Autonomy and Independence: Cooperatives are
autonomous, self-help organizations controlled by their members. If
they enter into agreements with other organizations, including
governments, or raise capital from external sources, they do so on
terms that ensure democratic control by their members and maintain
their cooperative autonomy.
- 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 cooperatives.
They inform the general public, particularly young people and
opinion leaders, about the nature and benefits of cooperation.
- Cooperation Among Cooperatives: Cooperatives
serve their members most effectively and strengthen the cooperative
movement by working together through local, national, regional, and
international structures.
- Concern for Community: While focusing on
member needs, cooperatives work for the sustainable development of
their communities through policies accepted by their members.
All rights reserved. Copyright 2009 - 2010, Lynches River Electric Cooperative
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Co-op Announces Rate Reduction
05.27.2010Starting in June Lynches River Electric Cooperative members will see a decrease of approximately eight percent in their electric bills.
Click here for the full story. WIRE Collecting Recipes
05.24.2010Do you hve family recipes you wuld like to share with the community? Here's your opportunity to do just that by submitting recipes for a new WIRE cookbook.
Click here for the full story. Power Factor Devices
05.24.2010Tough economic times and rising power bills understandably motivate consumers to explore money-saving options. It’s no wonder that unscrupulous marketers seize the moment by offering deceptive and ineffective products claiming to lower power bills up to 25 percent.
Click here for the full story.
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