Home » News
Filter by category:

October Is Cooperative Month


From 1380 KCIM:

October is Cooperative Month in Iowa, and many may be surprised to learn that one of four residents (more than 1.4 million individuals) is a cooperative member, whether they know it or not. Membership could be through a rural electric cooperative, a credit union, rural communications provider, farm credit and more. “Co-ops exist for the benefit of their members, while also serving the needs of their local communities,” says Dave Holm, Executive Director of the Iowa Institute for Cooperatives. “Iowa’s cooperative industries have been serving members on the forefront of the pandemic, and our biggest impact comes from embracing the values and principles that make us truly unique.”

In rural communities alone, co-ops pay approximately $41 million in property taxes and help support critical infrastructure. Grain and farm supply co-ops operate in about 700 Iowa communities, employing more than 8,000 people and serving more than 122,000 members while paying $32 million in local property taxes. Credit unions operate in all 99 counties, employing more than 4,200 people, serving 1.3 million member-owners and contributing $1.6 billion in economic output. Rural electric and telephone cooperatives have helped bring $10 billion in investments to rural economic development over the past 30 years while employing more than 1,500 people, serving over 690,000 members and paying nearly $15 million in property taxes each year.

RINAlliance Seneca Companies LMC Insurance & Risk Management Unified Contracting Services HEALTHAlliance EMC Insurance Renewable Energy Group Cylinder Express Otter Creek Country Stores, Inc Altria PMMIC Insurance Heartland Payment Systems Seneca Tank Sinclair Kwik Star Central Bank Reif Oil Delta Dental Shell Valero Iowa Lottery HollyFrontier Land Mark Products Farner-Bocken Company a Division of Core-Mark Phillips 66 Rainbo Oil Company HTP Energy McDermott Oil Co Iowa Renewable Fuels Association Flint Hills Community Oil Company McGowen, Hurst, Clark & Smith PC Wellmark Growmark Energy Federated Insurance Milliman Molo Petroleum Cenex
PMCI Facebook PMCI Twitter PMCI LinkedIn
Home   |    About FUELIowa   |    Site Map   |    Privacy   |    Contact Us   |    ©2019 FUELIowa, All Rights Reserved
10430 New York Ave., Suite F, Urbandale, IA 50322-3773   |    P. 515.224.7545   |    F. 515.224.0502
About FUELIowa
Site Map
Contact Us
10430 New York Ave., Suite F, Urbandale, IA 50322-3773
P. 515.224.7545
F. 515.224.0502
©2019 FUELIowa, All Rights Reserved