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Valley Wide Cooperative Gives Back to Patrons
Jerome, Idaho
– Valley Wide Cooperative gave a significant amount of money back to its patrons. Patrons from Valley Wide Cooperative, and the previous Valley Co-op, were given dividends based on each Coop’s dividend percentages. Valley Wide Cooperative patrons received a total dividend return of $2,200,000, which was divided into cash and equity, the cash allocation being $1,100,000, and equity allocation being $1,100,000. Previous Valley Co-op patrons received a total of $2,771,910, with $1,108,000 allocated in cash, and $1,663,910 allocated in equity. Valley Wide Cooperative and its members continue to enjoy and benefit from the cooperative system, which is designed to help the company stay balanced between the needs and wants of the community and the needs and goals of the business.