Sierra Vista Food Co-op

Sierra Vista Food Co-op > Market Information > FAQ

 

Frequently Asked Questions

Where is the store located?
How much does it cost to be a member?
How many shares may an individual purchase?
Can other members of my household shop and get member discounts and specials?
Is the market a non-profit corporation?
What benefits are there to membership?
What will make you different from the other grocery stores?
What products will the market sell?
Can anyone shop there or just members?
Why is the market incorporated in Minnesota?
What can I do to help?
Why do you charge a one-time membership fee of $200 instead of an annual membership fee?
Does the market have any bylaws?
Do you accept loans from individuals?



Where is the store located?

The store is located at 96 South Carmichael in the West End of Sierra Vista. It is in the building between the Peacock Restaurant and the Sierra Vista Farmers Market.
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How much does is cost to be a member?

Shares may be purchased currently either by a one-time payment of $200 or four $50 quarterly payments plus a $10 administrative fee. There are no annual fees.
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How many shares may an individual purchase?

Each member may purchase up to 20 shares! Click on the Membership Application link at left for an application or to pay by Pay Pal.
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Can other members of my household shop and get member discounts and specials?

Yes, members of your household can shop at the store and receive member discounts.
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Is the market a non-profit corporation?

Yes, the market is a non-profit cooperative corporation. However, we are not a 501c3 and buying a member share is not a charitable contribution.
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What benefits are there to membership?

In addition to being a member-owner of a local business, there will be member specials, a newsletter, and, as part owner, you have the opportunity to affect policy and direction of the co-op.   While there is no guarantee, eventually members should receive patronage refunds, which are a portion of the market's profits returned to the members based on their use of the market.
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What will make you different from the other grocery stores?

There are several things that will differentiate us from the grocery store pack. An example is, we want to help increase production and consumption of locally made and grown products by emphasizing local food and products in our store. The next question, about products we sell, also explains our difference.
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What products will the market sell?

The store will be a full service grocery store highlighting natural and organic foods, frozen, dairy, local and organic produce, bulk food, cruelty-free health and beauty aides, natural and organic supplements, organic and specialty beer and wine, unique and gourmet foods, olives, cheeses, ethnic selections, gluten-free items, protein alternatives, etc. Our major focus will be local produce and other local products.
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Can anyone shop there or just members?

While anyone can shop at the market, only members receive the member benefits.
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Why is the market incorporated in Minnesota?

Minnesota has great cooperative law that is not available in Arizona. This allows us to sell shares of stock, and this is how we raised a portion of the funds necessary to open the business.
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What can I do to help?

We need members to make the store successful. You can help by talking to your friends and neighbors so they will get excited about keeping this store in the community. You can also help by becoming a board member, attending mailing parties. writing news letter articles, teaching classes at the store, etc. We need volunteer help at the store. Please call or send an e-mail if you can help in any way.
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Why is there a one-time $200 membership charge instead of an annual or monthly membership fee?

The one-time charge for a share rather than annual or monthly fees reduces long term administrative expenses. For your $200 you receive a share and if you shop at the store and it is profitable, there can be refunds (called patronage refunds) based on profits and the amount you spend at the store. The bylaws cover this in more detail.
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Does the market have any bylaws?

Bylaws were approved at the First Annual Member Meeting on May 12, 2007, and were last revised at our annual meeting on March 23, 2010. You can download a copy from the Sierra Vista Food Cooperative website.
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Do you accept loans from individuals?

Yes we accept loans from members. If you are interested in making a member loan, please contact a board member.
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SVM Logo Last updated: April 19, 2011 by sff