ACE Hardware, State Farm, REI, Land O’Lakes and Miami-Cass REMC all share something in common: we’re all cooperatives.
We may be in different industries, but we all share a passion for serving our members and helping our communities to thrive. In fact, all cooperatives adhere to the same set of seven principles that reflect our core values of honesty, transparency, equity, inclusiveness and service to the greater community good. October is National Co-op Month, so this is the perfect time to reflect on these principles that have stood the test of time but also provide a framework for the future. Let’s take a look at the first three cooperative principles.
Voluntary and Open Membership
Just like all co-ops, Miami-Cass REMC was created out of necessity — to meet a need that would have been otherwise unmet in our community. So in the 1930s, a group of neighbors banded together and organized our electric co-op so everyone in our community could benefit.
While this history may be forgotten, key parts of that heritage remain — the focus on our mission and serving the greater good. In this, we include everyone to improve the quality of life and economic opportunity for the entire community. Membership is open to everyone in our service territory, regardless of race, religion, age, disability, gender identity, language, political perspective or socioeconomic status.
Democratic Member Control
Our co-op is well suited to meet the needs of our members because we are locally governed. Each member gets a voice and a vote in how the co-op is run, and each voice and vote are equal. Miami-Cass REMC’s leadership team and employees live right here in the community. Our board of directors, who helps set long-term priorities for the co-op, also live locally on co-op lines. These board members have been elected by neighbors just like you. We know our members have a valuable perspective, and that’s why we are continually seeking your input and encourage you to weigh in on important co-op issues and participate in co-op elections.
Members’ Economic Participation
As a utility, our mission is to provide safe, reliable and affordable energy to our members. But as a co-op, we are also motivated by service to the community, rather than profits. Members contribute equitably to, and democratically control, the capital of Miami-Cass REMC. At least part of that capital remains the common property of the cooperative. Members allocate surpluses for co-op programs, initiatives, capital investments and supporting other activities approved by the membership.
Miami-Cass REMC is a reflection of our community and its evolving needs. We view our role as a catalyst for good and making our corner of the world a better place. And by the way, that sums up the seventh co-op principle, “concern for community,” which I’ll elaborate on next month.