Co-operatives Organization

This topic has 1 reply, 2 voices, and was last updated 4 years ago by Ken Garrett.

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January 13, 2022 at 2:53 am #645790
HashmatSaidy
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Respected Sir,
Hopefully, you are doing well.
First of all, I do thank you for providing such the most important materials to the people.
Anyway, my question is:
Co-operatives are a non-profit seeking organizations or not?
January 13, 2022 at 8:23 am #645807
Ken Garrett
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They can be, but often not. There is no reason why they could not seek to make profits and these would be distributable amongst the members rather than, in a company, investors.

Thank you for your thanks.
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