Existing Worker Coops

US Worker Cooperatives: A State of the Sector

Author(s): 
Tim Palmer
Year: 
2015

Worker cooperatives have increasingly drawn attention from the media, policy makers and academics in recent years. Individual cooperatives across the country have been highlighted, and substantive studies have been conducted of the worker cooperative experience in other countries, including Spain, Italy, France, Canada and Argentina. But what do we know about worker cooperatives in the US as a whole?

Guide to Worker Cooperative Bylaws and Operating Agreements

Author(s): 
Camille Kerr
Year: 
2015

After working with professionals to determine which entity type is right for your worker cooperative, the next step is to work with professionals to develop your governing documents. Bylaws and operating agreements should include high-level information about the governance of the organization. They clarify and codify the democratic governance and ownership of your cooperative, help provide a structure through which the cooperative can grow, and provide a last resort for conflict resolution if relationships break down.

Designing Effective Systems of Evaluation and Accountability in Worker Cooperatives

Author(s): 
Alision Booth Gribas, Stacey Cordeiro
Year: 
2014

 This handbook walks worker owners and cooperative developers through the process of laying the groundwork for, creating, and implementing systems of accountability and evaluation in small to medium sized worker cooperatives.

Editable versions of the toolkit's appendices can be found here.

Small Business Ownership Succession: The Cooperative Solution

Author(s): 
Northcountry Cooperative Foundation
A sale to employees can provide an owner with significant tax breaks. Because of the IRC §1042 Capital Gains Rollover, business owners who sell at least 30% of the stock in their C-Corporation to an employee-owned cooperative can roll over the proceeds from the sale into qualified replacement securities and defer payment of any capital gains tax indefinitely.

Indivisible Reserves: unallocated equity as a way co-ops can help fortify their future

Author(s): 
Bruce Reynolds
Year: 
2013
One practice in particular deserves more attention in the United States cooperative community: the use of indivisible reserves (IR). The International Co-operative Alliance (ICA) specifies IR as a component of its 3rd cooperative principle: “member economic participation.” This co-op principle addresses several financial policies, including allocation of surpluses or residual earnings. A few alternative uses of surpluses are recommended, such as distribution of member dividends and “….setting up reserves, part of which, at least, would be indivisible” (ICA).

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