Seward Community Co-op

Seward Co-op is a community owned, consumer co-op. Everyone is welcome to shop at Seward Co-op. Cooperatives are very different from privately owned discount clubs, which charge annual fees in exchange for a discount on purchases. Discount clubs are owned and governed by the shareholders. Profits of the business go to the investors. In a cooperative, community members purchase stock in exchange for ownership and the profits belong to the community of owners. Owners may exercise their ownership by shopping at the grocery stores, running as a candidate in the board of directors election and voting for the board of directors. The overarching goal of the cooperative movement is to create a cooperative economy comprised of businesses that exist to serve the needs of the people who use them. Cooperative businesses provide goods and services in a way that keeps community resources in the community. Seward Co-op will sustain a healthycommunity that has:• Equitable economic relationships;• Positive environmental impacts; and•Inclusive, socially responsiblepractices. International Cooperative Alliance:Statement on the Cooperative Identity A cooperative is an autonomous association of personsunited voluntarily to meet their common economic, social,and cultural needs and aspirations through a jointly ownedand democratically controlled enterprise. ValuesCooperatives are based on the values of self-help,self-responsibility, democracy, equality, equity andsolidarity. In the tradition of their founders, cooperativemembers believe in the ethical values of honesty,openness, social responsibility and caring for others. PrinciplesThe cooperative principles are guidelines by whichcooperatives put their values into practice.1st Principle:Voluntary and Open Membership2nd Principle:Democratic Member Control3rd Principle:Member Economic Participation4th Principle:Autonomy and Independence5th Principle:Education, Training and Information6th Principle:Cooperation among Cooperatives7th Principle:Concern for Community Seward Community Co-op carries a wide variety of products to meet the differing needs of our shoppers. Our dedication to sustaining a healthy community leads us to emphasize theCommunity Foods: Values Every Dayprogram, which supports producers with at least two of these qualities: With our long history in natural foods, we remain committed to offering products with straightforward ingredients. We value organic certification to provide assurance that foods are grown and processed safely and sustainably. We also provide options to those with specific dietary needs. A cooperative is a legal business structure. However, people have been “cooperating” since long before the legal business structures existed. Cooperatives throughout history have formed in response to oppression—race, class, gender—and have thus been closely tied to other social movements throughout history. More than 25,000 households are directly invested as member-owners in Seward Co-op’s success. As a cooperative community, we aspire not only to serve owners’ mutual needs but also to demonstrate that it is possible to cultivate a healthier and more equitable society. By working together, we see the co-op as a tool through which to support society’s need for greater racial equity. Seward Co-op’s Scorecard was created in 2006 to share the effects of our business in numerous areas. The data points included demonstrate Seward Co-op’s progress in achieving its mission, or Ends Statement. Scorecard/Annual Reports from previous years: 2025|2024|2023|2022| 2021|2020|2019|2018|2017|2016|2015 Socially Responsible Investment When you join Seward Co-op, you join a community of more than 25,000 other Minneapolis households that own two businesses. One of the benefits of owning the co-op is the opportunity to invest more than your initial share requirement by purchasing Class C stock. Class C stock is an investment option with local impact. Investing in our co-op may be the mos