Medford Market - a new cooperative food store in the works for downtown Medford

Medford Market Owner Dues & Benefits

Cooperatives are member-owned, member-governed businesses that operate for the benefit of their owners according to common principles agreed upon by the international cooperative community. The ownership structure established and approved by the Medford Market Cooperative Board of Directors is outlined as follows.

The current ownership dues are $100 with the option to pay in two installments with $50 for the first installment and the second installment of $50* due within 45 days. Joint ownerships can be brought with a spouse or a partner. However joint ownerships of $100 only allow for one vote.

Owner benefits include:

Voting Rights

Patronage refund in profitable years

Newsletter

Volunteering opportunities

Buyer’s Club (special order items not regularly sold in the store & bulk purchases, Discounts on pre-ordered cases or bulk purchases)

Discount on classes and events hosted by the co-op

Opportunity to rent community room

Annual Gathering of owners and dinner

Ability to run for the board of directors and participate in co-op sub-committees

*It is understood that the board working on the behalf of the owners may change the the amount of ownership duesand payment options as necessary. It is recommended that the Board exhaust all other possibilities (Owner Loan Program, grants, new member equity, wish list of donations sought for other store needs) before raising any ownership payment. Payment shares (the cost of ownership payment) may not exceed $300 or the corresponding provision of any subsequently enacted Oregon statute.

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