👉 A cooperative organization is a self-governing business that operates in partnership with its members, typically through a combination of membership dues and contributions. These organizations are often set up to provide services or products at a lower cost than traditional businesses while also promoting social benefits such as community involvement and environmental sustainability.
Coops can be categorized into different types based on their structure, including:
1.
Community-owned cooperatives
: These are co-ops that operate within a local community where the members have control over