CO-OPPRINCIPLES

Cooperative businesses adhere to seven guiding principles:

1. 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.

2. Democratic Member Control — Cooperatives are democratic organizations controlled by their members, who actively participate in setting policies and making decisions. The 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.

3. Members’ Economic Participation — Members contribute equitably to, and democratically control, the capital of their cooperative. At least part of that capital is usually the common property of the cooperative. Members 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.

4. 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.

5. 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.

6. Cooperation Among Cooperatives — Cooperatives serve their members most effectively and strengthen the cooperative movement by working together through local, national, regional, and international structures.

7. Concern for Community — While focusing on member needs, cooperatives work for the sustainable development of their communities through policies accepted by their members.

This information is from National Rural Electric Cooperative Association’s website.


 

 

Congratulations to Elnora Tompkins who received the 2019 Distinguished Service Award from the Virginia, Maryland & Delaware Association of Electric Cooperatives (VMDAEC) during its 75th Annual Meeting in Williamsburg last month.

A longtime teacher and guidance counselor at A.T. Johnson School in Montross, Mrs. Tompkins served for 32 years on the Northern Neck Electric Cooperative board of directors, including 26 years as secretary-treasurer.

In addition to her co-op service, Mrs. Tompkins, a graduate of Virginia State University, has chaired the board of directors of Rappahannock Community College and the VMDAEC's Communications and Public Relations Committee. She also served on the @wESTWestmoreland County Public Schools Board and her local American Cancer Society chapter, among other civic contributions.

Several of Mrs. Tompkins’ relatives, colleagues and former students (including Delegate Margaret Bevans Ransone) are in this video that was shown during the award ceremony.
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In the August issue of Cooperative Living, we feature the community of Scottsville in our Crossroads section. We highlight Baines Books & Coffee, a place the Scottsville community comes to not only read books and drink coffee but where groups come to meet and talk and hang out or bring their laptop to work.

There are places like Baines Books & Coffee in a lot of our communities across Virginia. Let us know if you have a spot like this that you like to go in the comments below.

#community #coffee #books #meeting #work #smalltown #crossroads #cooperativeliving #scottsville

Baines Books and Coffee Central Virginia Electric Cooperative
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The football season is ramping back up with preseason games already going on. We thought it would be the perfect time to revisit the Commonwealth Kitchen and showcase our tailgating treats column from October 2018.

Our Cooperative Living chef Kara created this video to show us how to make Baked Potato Salad.

For more recipes go to co-opliving.com/food/recipes/ or co-opliving.com/food/commonwealth-kitchen/. You can also submit your favorite recipe and maybe we will include it in an upcoming issue!
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4201 Dominion Blvd.
Glen Allen, Virginia 23060
804-346-3344
www.vmdaec.com
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