Ownership

How to become a Member-Owner

1. Download and complete a Member-Owner Application. If you would like to use one of the payment plan options, remember to fill out the ACH form at the same link.
2. Mail the completed form(s). If paying by check, include your check for $300.00 made payable to:

Wasatch Cooperative Market, LCA
PO Box 4303
Salt Lake City, UT 84110

Or pay now using your credit card or PayPal account! (processing fee applies)





Please note: Your Member-Ownership can not be completed without your signed application. If you have questions or need assistance, please email us.


3. Know your Bylaws! Download a copy of the Bylaws.

Benefits of being a Member-Owner in the Wasatch Cooperative Market

Your ownership:

• Makes you a co-owner of your grocery store, giving you control of the store through a stronger voice for products made available and election of the Board of Directors.
• Makes you a co-owner of your grocery store and eligible for election to the Board of Directors.
• When the co-op is profitable (potentially 3yrs after opening, perhaps sooner) you'll receive annual refunds proportionate to your patronage of the co-op.
• Strengthens our advocacy for high-quality food standards.
• Helps us send an even stronger message to state and national policy makers.
• Supports local organic farmers, bringing you the freshest, most delicious produce available.
• Supports local and sustainable products.
• Things like Owner Appreciation Days, Community Partner programs, owner only coupons, and other programs and promotions conducted periodically.

Why your ownership means so much

Without your ownership, there can be no Wasatch Cooperative Market. The dollars you contribute in becoming an owner are a significant portion of the capital necessary to open doors and begin operating. Collectively, they form the resource that both funds the start-up process and finances the acquisition of equipment, personnel and retail space. The more owner capital the Wasatch Cooperative Market has, the less we'll need to borrow and the sooner owners can receive patronage refunds.

How much does a Member-Owner unit cost?

For consumer-owned food co-ops today the cost of an owner unit ranges from $100 to about $400. Based on our assessment of capital needs, we have set the cost of one Class A Member-Owner Unit (i.e. the cost of becoming a member-owner in the Wasatch Cooperative Market) at $300. The ownership drive has begun, click here to get started.