Comment 39411

By grassroots are the way forward (registered) | Posted April 02, 2010 at 01:25:21

It was stated at the meeting that they were a not for profit, I was parroting what I heard but it would seem that is not necessarily what it is, now that I have had time to think about it.

I am not sure about their bylaws and how things are divided up per se, it is a workers co-op, so it is a bit different. If you are selling coffee, then yes one does have to produce a profit, but how that profit is absorbed is the question that would need defining.

So, one would think that all workers would be paid, those who invest would get something, there are bonds so, it would be interest that they would earn, at least that is what I would think. The rest would most likely got back into the entity to make it grow. I can buy a community membership which allows me to have a vote to elect someone to the executive, plus small incentives.

To me, it is a great space and I really enjoy going there. With any sort of organization or busines type entity, there is always growing pains. It is a different concept, and they need some help from the community to keep the space going.

Permalink | Context

Events Calendar

Recent Articles

Article Archives

Blog Archives

Site Tools

Feeds