Each time you use your member number your purchases are recorded. A the end of the year, members-owners are entitled to a share in the company profits based on their purchases with the Co-op. These profits are paid out partially in equity and partially in cash. For 2015, Mid Island Co-op returned $3.5 million dollars back to our members in cash and equity.
Receive equity rebates on all purchases (excluding gift cards). For 2015, members received a 4% equity rebate on their purchases.
As a member of a democratic organization, you have a voice in how the Co-op operates. You are entitled to a vote at the AGM and run for the Board of Directors.
The Co-op is owned by local residents, so it is a part of your community. That means that all of our earning stay in the communities we serve.
100% of profits are returned to the community through reinvestment in the Co-op, equity allocations to our members-owners and through contributions to community organizations and local youth.
By shopping Co-op, you contribute to your own and your community’s economic and social well- being.
As a Co-op member, you’re eligible for exclusive insurance coverage and savings from The Co-operators.
The above applications for withdrawal of equities is at the discretion of the Directors.
Browse through a collection of photos from previous events, contributions, dinners & more.