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Who are we?
McFadden Market Co-op is a food cooperative
being formed to strengthen the entire Meridian
and Kuna community --shoppers, vendors, and
growers alike. Our desire is to establish a whole
foods neighborhood grocer and support Idaho
organic and pesticide free growers and sustain-
able farming and ranching.
The historic Meridian Exchange Bank building
and McFadden Market are being restored and
renovated to house the proposed cooperative in
the heart of the Meridian 2nd and Broadway His-
toric District.
The McFadden Market Cooperative will serve
our owners and our community by:
• Operating a socially responsible busi-
ness that provides a full selection of
natural foods and quality products;
• Emphasizing locally produced, pesticide
free (organic when available) and ecol-
ogically sound products;
• Offering a variety of necessities at basic
prices;
• Providing friendly, knowledgeable cus-
tomer service;
• Promoting awareness about food, nu-
trition, and health;
• Providing a workplace that fosters op-
portunities for participation, empower-
ment and growth in an environment of
mutual respect and cooperation.
When will we open?
What we need:
• We have estimated that we need 800 paid
memberships to show enough commitment to
open and be solvent in the first year.
• We need to raise $120,000 to cover site im-
provement and start-up costs.
• We need a large group of volunteers to help
with marketing, fundraising
As of December, 2008, we have:
• Member -approved Articles of Incorporation, Bi -
Laws, Board of Directors and additional event,
fundraising & volunteer coordinators.
• 89 charter members (25 have paid all or part of
the membership).
• 180 people on our information distribution list
• All start-up costs so far, including time, materi-
als & labor, have been donated.
The 7 Co-op Principles
1. Voluntary and Open Membership —
Cooperatives are voluntary organizations, open to all
persons able to use their services and willing to ac-
cept the responsibilities of membership, without gen-
der, social, racial, political or religious discrimination.
2. Democratic Member Control — Cooperatives are
democratic organizations controlled by their mem-
bers, who actively participate in setting their policies
and making decisions. Men and women serving as
elected representatives are accountable to the mem-
bership. In primary cooperatives, members have
equal voting rights (one member, one vote) and co-
operatives at other levels are organized in a democ-
ratic manner.
3. Member Economic Participation — Members con-
tribute equitably to, and democratically control, the
capital of their cooperative. At least part of that capi-
tal is usually the common property of the coopera-
tive. They usually receive limited compensation, if
any, on capital subscribed as a condition of member-
ship. Members allocate surpluses for any or all of the
following purposes: developing the cooperative, pos-
sibly by setting up reserves, part of which at least
would be indivisible; benefiting members in propor-
tion to their transactions with the cooperative; and
supporting other activities approved by the member-
ship.
4. Autonomy and Independence — Cooperatives are
autonomous, self-help organizations controlled by
their members. If they enter into agreements with
other organizations, including governments, or raise
capital from external sources, they do so on terms
that ensure democratic control by their members and
maintain their cooperative autonomy.
5. Education, Training and Information — Coopera-
tives provide education and training for their mem-
bers, elected representatives, managers and em-
ployees so they can contribute effectively to the de-
velopment of their cooperatives. They inform the
general public, particularly young people and opin-
ion leaders, about the nature and benefits of coop-
eration
6. Cooperation among Cooperatives — Coopera-
tives serve their members most effectively and
strengthen the cooperative movement by working
together through local, national, regional and interna-
tional structures.
7. Concern for Community — While focusing on
member needs, cooperatives work for the sustain-
able development of their communities through poli-
cies accepted by their members.