Todd-Wadena Electric Cooperative is owned by those we serve- our members. Cooperatives are not-for-profit businesses organized by and for the members they serve. Cooperatives are based upon principles—seven, to be exact. In a cooperative, every member has a voice and a vote. Todd-Wadena Electric Cooperatives holds a member-owner business meeting annual (usually held in April) allowing member to elect fellow member-owners to guide the cooperative and have a say in how their utility is run. The Cooperative’s Board and staff focus on the local needs of our members and communities.
The Seven Cooperative Principles
Voluntary and Open Membership: Cooperatives are voluntary organizations, open to all persons able to use their services and willing to accept the responsibilities of membership.
Democratic Member Control: Cooperatives are democratic organizations controlled by their members, who actively participate in setting policies and making decisions.
Members’ Economic Participation: Members contribute equitably to, and democratically control, the capital of their cooperative.
Autonomy and Independence:Cooperatives are autonomous, self-help organizations controlled by their members.
Education, Training and Information: Cooperatives provide educational training for their members elected representatives, managers and employees so they can contribute effectively to the development of their cooperative.
Cooperation Among Cooperatives: Cooperatives service their members most effectively and strengthen the cooperative movement by working together.
Concern for Community: While focusing on member needs, cooperatives work for the sustainable development of their communities.
Co-op difference
Cooperatives are democratic organizations controlled by their members. As a member of Todd-Wadena Electric Cooperative, this means you have the ability to actively participate in how the cooperative is operated – setting policies and making decisions.
