Frequently Asked Questions
- How does a co-op work?
A co-op is a member-owned non-profit organization. Members govern the store by electing the Board of Directors. The Board sets policies and hires managers who operate the store. For more information on co-ops, please visit www.cooperativegrocer.coop or www.ncga.coop. - Will I have to work in the co-op?
While some co-ops operate using member's labor, the Littleton Consumer Co-op intends to use professional staff for all positions except the Board of Directors. - May only members shop at the store?
All are welcome to shop at the store, but members receive additional benefits. - What are the benefits of membership?
Members will receive a patronage dividend out of operating surplus (if any) based on their co-op purchases over the prior year. In addition, members will elect the Board of Directors and vote on corporate policy. - Does the Co-op allow family memberships?
Shares may be held in multiple names. Each shareholder-whether one or more persons-has at most one vote. - I'm not ready to invest $100 right now. Can I still participate?
Membership may be accumulated one share at a time, with each share initially offered for $25. When you accumulate four shares, you will gain the benefits of membership. - What happens to my investment if the store doesn't get built or the co-op fails?
Assets will be liquidated and expenses paid. Any remaining funds will be distributed evenly based on the number of shares held. - When will the store open?
We have a target opening date of the end of this year. Already we have a site and draft design and are presently putting funding together. Please consider both joining (click Membership tab) and/or and making a Member Loan (click Member Loan tab). - Can I provide more money than just my membership, to help the Co-op succeed?
Each member can invest at most $2000. In addition, the co-op may borrow from any willing lender. Please see the Member Loan page for details. - Is there any relationship between Littleton Consumer Co-op and Hanover Co-op?
The Hanover Co-op has provided advice and support to us. Hanover may provide professional consultation or management in the future, but there is currently no contractual affiliation. - How do I sign up?
Sign up online or download the PDF Application Form: fill it in, and send it along with your payment and we'll return a receipt. Include e-mail address for e-mail updates.
Mark Secord, Treasurer
Littleton Consumer Cooperative Society, Inc.
P.O. Box 377
Littleton, NH 03561 - Where can I get additional information and keep abreast of new developments?
Watch this website. Sign up for news by writing Info@LittletonCoop.org.