Board Announces Patronage Refund

The Co-op Board is happy to announce a Patronage Refund to Co-op member-owners based on their 2024 purchases. We ended the year with a Net Income of $332,335. Having an adequate net income will allow us to distribute $125,000 back to our members as a patronage refund this year. We have already shared some of the profit with staff.

More details will be included in the patronage refund letter, mailed later in April.

Other things to know:

• PLEASE USE YOUR REFUND! You must redeem your refund by July 29, 2025. Otherwise, your store credit becomes taxable for the Co-op, and you forfeit your refund.

• A refund is not guaranteed each year: the Co-op must profit, and the Board must decide whether refunds are financially viable.

• The amount will vary from year to year, as needs and profits do.

• The more you spend, the more you get back. The same percentage is applied to everyone’s purchases.

• A percentage of the refund may be withheld from distribution and retained by the Co-op to build capital for future needs. It belongs to the members as a group to further build the Co-op and promote our practices.

• The refund is not taxable income for those who receive it.

Thank you for supporting the Co-op and making refunds possible. It’s great to keep more of our money right here in the community.