
Online Market Hours
Opens: Thursday, 8 AM Closes: Monday, 10 AMThe Cooperative Identity
Definition
A cooperative is an autonomous association of persons united voluntarily to meet their common economic, social, and cultural needs and aspirations through a jointly-owned and democratically-controlled enterprise.Values
Cooperatives are based on the values of self-help, self-responsibility, democracy, equality, equity, and solidarity. In the tradition of their founders, cooperative members believe in the ethical values of honesty, openness, social responsibility, and caring for others.Cooperative Membership Agreement
As a Member I understand that:- I must abide by the Bylaws of the Idaho's Bounty Co-op (IBC).
- The success of the IBC depends on member participation, including providing the IBC with a current address. If my account is inactive as defined in the Bylaws, my membership may be terminated.
- My membership login and password are provided for my use and the use of my authorized dependents and proxies or affiliated members only.
- If I choose to be a working member, my obligations and discount are determined by the current policy.
- The price of a member share and IBC policies may be changed by the Board of Directors (BOD) as the need arises.
- Patronage dividends are at the discretion of the BOD and only paid-in-full members are eligible to receive them.
- Members delinquent in membership payments may have member benefits suspended.
- Upon notice in writing, I may sell my member share (less any outstanding obligations) back to Idaho's Bounty and at the discretion of the BOD.
I am purchasing a share in the Idaho's Bounty Co-op, which entitles me to one vote and the other benefits of membership, so long as I am a member in good standing. Each member share is held individually. All members are equal co-owners of the Co-op. Members are entitled to vote and receive the benefits of membership.
The International Cooperative Alliance, representing cooperatives around the world, approved the following statement in 1996.
The cooperative principles are guidelines by which cooperatives put their values into practice.
- 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, political, or religious discrimination.
- Democratic Member Control: Cooperatives are democratic organizations controlled by their members, who actively participate in setting their policies and making decisions.
- Member Economic Participation: Members contribute equitably to, and democratically control, the capital of their cooperative.
- Autonomy and Independence: Cooperatives are autonomous, self-help organizations controlled by their members.
- Education, Training and Information: Cooperatives provide education and training for their members, elected representatives, managers, and employees, and they inform the general public about the nature and benefits of cooperation.
- ooperation among Co-operatives: 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 members' needs, cooperatives work for the sustainable development of their communities through policies accepted by their members.