1. Indiana Cooperative Development Center Debora Conley Executive Director

2. 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.

3. 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

4. Provide technical assistance to existing cooperatives Board of director training Management training Member training Travel scholarships Network and educate others on the cooperative model

5. 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.

6. Types of Co-ops: Agricultural Marketing Purchasing Service Housing Market-rate Limited equity Senior Food Retail stores Buying clubs Warehouses Worker Child Care Healthcare

7. 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

8. 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.

9. Economic Advantages to Members: Lower Monthly Costs Tax Deductions Home Equity Limited Liability Overall Savings

10. Social Value: Low Default Rates on Cooperative Loans Engine for Economic Growth Stabilizes Changing Neighborhoods Elimination of outside landlord Community Engagement

11. If you are interested in forming a cooperative… Contact: Debora Conley 317-232-8771 Or Chad Martin 317-234-5263