Membership Types
Household Membership
A household is defined as one or more individuals living under the same roof. A household membership costs $100, payable in quarterly $10 payments, due on or before March 31, June 30, September 30, and December 31 of each year. Payments may be made in advance. The first five payments ($50) are called the "Physical Plant Fund". This is a non-refundable investment in the Co-op's physical facilities. The remaining five payments ($50), or "Subscription Fund" are used to cover operational expenses and are refundable should you choose to terminate your membership.
Household memberships in good standing may vote, propose Bylaw amendments, make, second and vote on motions, resolutions and nominations at the Annual Membership meeting and hold a position on the Co-op's Board of Stewards.
Members do not vote at the monthly store meetings.
Household memberships are transferable. To transfer or terminate a membership, notify the office in writing.
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Senior Membership
A senior membership is offered to households consisting of one or two people who are both 62 year of age or older or who are disabled under any of the Social Security criteria of disability. A senior membership also costs $100, payable in annual $10 installments due upon the anniversary of membership. Senior members are not transferable or refundable.
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Student Membership
Student members pay a user fee of $10 per year, due annually on the anniversary of membership. Student memberships apply only to an individual student who is actively enrolled in an institution of higher learning. Student memberships are not transferable or refundable.
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Additional Details:
Membership in Good Standing and Delinquency
All memberships not in arrears on their payments are considered in good standing. These members may vote; propose bylaw amendments; make, second, and vote on motions, resolutions, and nominations; and hold Co-op office. Memberships in arrears may do none of these things. Further, any membership six months (two or more payments) in arrears must make a $10 payment with each purchase or forfeit the membership discount. Please note: if payments are delinquent due to protracted absence from the area (e.g., you moved to California just after joining and moved back ten years later), please see our bookkeeper for a revised payment schedule.
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Transferring a Membership
Household memberships are transferable; to transfer a membership, please contact the bookkeeper for a Transfer Request Form. Senior memberships are not transferable, except to the surviving member of the household. Student memberships are not transferable.
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Terminating a Membership
Should you desire to leave the Cooperative, you must notify the bookkeeper in writing of your intention.
Household subscription payments are refundable at book or par value. This means that you will receive the number of paid subscription shares (up to five) times the current share value as established at the end of the fiscal year (June 30th of each year.) Physical plant fund payments are not refundable.
Senior and Student payments are not refundable, nor may they be converted or applied to a Household membership.
