Federation of Southern Cooperatives
Land Assistance Fund


 

One Person  One Vote
Each member has an equal vote. This means that no member has more control of the co-op than any other member. 

We use our votes 

  • to elect a Board of Directors 
  • to make important decisions 

It is important for all members to attend the Annual Meeting of the co-op. At the annual meeting, the board of directors and the members decide on the goals of the co-op for the coming year. 

Cooperative

• Owned by the members who use the products or services
• The members decide how the co-op is run
• Used by members-owners
• The goals are generally services to and for members and financial well being of the cooperative and its members
• Savings and benefits are passed on to the members depending on the amount of business they do with the co-op

Corporation
(investment oriented)

•  Owned by stockholders
•  Stockholders or directors determine policies
•  Generally used by nonowner customers
•  The goal is generally profit
•  Stockholders receive profits


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