Indiana Cooperative Development Center

Debora Conley

Executive Director

Who we are… ICDC is a non-profit organization that

provides technical support for cooperatives in the State of Indiana. The Center also supports the education throughout the state to improve knowledge and understanding of the cooperative model.

What we do… Provide technical assistance to newly forming and

existing cooperatives and other collaborative groups including: Group facilitation Planning and organizing Business plans Feasibility studies Market analysis Financial planning Legal assistance Serving as a linkage between the client and existing

resources

Provide technical assistance to existing cooperatives Board of director training Management training Member training Travel scholarships

Network and educate others on the cooperative model

How we do what we do…

Cooperative Enterprise Network (CEN) ~ based on the service provision model used in Michigan, Montana and Nebraska. Currently comprised of economic developers specially trained in co-op development.

Types of Co-ops: Agricultural

Marketing Purchasing Service

Housing Market-rate Limited equity Senior

Food Retail stores Buying clubs Warehouses

Worker Child Care Healthcare

Basic Cooperative Principles… User-Owner principle

The people who own and finance the cooperative are those who use it

User-Owner principle The people who use the cooperative are those

who control the cooperative User-Benefit Principle

The cooperative’s sole purpose is to provide and distribute benefits to members on the basis of their use

Housing Cooperatives

In a housing cooperative (or co-op), a housing development is jointly operated by its members. They own membership certificates in the corporation, giving them the right to occupy a dwelling unit and participate in the operations of the corporation. The cooperative housing corporation owns the total property. A not-for-profit corporation.

Economic Advantages to Members:

Lower Monthly Costs Tax Deductions Home Equity Limited Liability Overall Savings

Social Value: Low Default Rates on Cooperative

Loans Engine for Economic Growth Stabilizes Changing Neighborhoods Elimination of outside landlord Community Engagement

If you are interested in forming a cooperative…

Contact:

Debora Conley

317-232-8771

Or

Chad Martin

317-234-5263