Owners are the heart and soul of Durham Co-op Market. When you become an owner of Durham Co-op Market you become part of a cooperative organization which puts its values of self-help, self-responsibility, democracy, equality, equity, and solidarity into practice.
As a cooperatively owned business, our focus will be on supporting our community, not just enriching our shareholders. We will seek to return as much revenue as possible to the community by purchasing from local farmers, supporting locally made products, and creating jobs in the community. By purchasing an ownership share, you will be supporting these values and helping to strengthen our ability to serve them.
When you sign up, you are purchasing a share of stock in the company. The term "owner" is not just rhetoric, it is the reality of our corporate structure. You own the store. This gives you governance rights: the right to vote in elections for the Board of Directors and the right to run for a seat on the Board yourself. Though the store will be run by a professional staff, led by General Manager Leila Wolfrum, it is overseen by the Board, which determines the goals and values of the co-op.
In addition, you will receive periodic special discounts in the store, invitations to special events, and the pride of knowing that you supported a future-Durham-Institution from the beginning.
Durham Co-op Market offers two options for ownership. An individual ownership is available for a one-time fee of $100, with the option of adding an additional shopper to the ownership for a non-refundable fee of $40. DCM also offers a business ownership for $250. This option allows the business to assign up to 25 employees to shop at the store using that Business Share number. To join, please complete and submit your owner application online here. If you prefer, you can print the ownership form (individual membership form), and send it, along with your payment, to Durham Central Market, P.O. Box 25216, Durham, NC 27702. Either way, once we receive your application, you will soon receive your Ownership Packet in the mail. And *Thanks* for joining us!!!
If you would like to learn more about additional opportunities for further investment, please click here.