Concept

Otter Co-op

Summary
The Otter Co-op is a consumers' cooperative in Aldergrove, British Columbia, Canada. It placed 37 by revenues on Canada's Top 50 Co-operatives in 2007. Organization Management is divided into seven different departments: *Administration *Petroleum *Animal Feed *Hardware & Family Fashions *Retail Food *Human Resources
*Credit
The General Manager who oversees all departments is hired permanently, not elected like the Board of Directors. Membership & Patronage System Anyone wishing to join the Otter Co-op must fill in an application and pay the $10 lifetime membership fee. Upon acceptance, members will be assigned a membership number as well as a membership card. Memberships can be passed on to anyone of the age of majority.
Each dollar spent by a member is totaled and at the end of the year, members are issued a patronage refund of equity, in proportion to this total. The rate of the patronage refund is determined by the finance committee and changes yearly.
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