SOURCE: National Cooperative Business Association

National Cooperative Business Association

February 23, 2011 09:27 ET

NCBA to U.S. Co-op Members: "Ask Your Senators to Co-Sponsor Resolution for International Year of Cooperatives"

Cooperatives Are Vital Part of U.S. Economy, Says NCBA CEO Hazen

WASHINGTON, DC--(Marketwire - February 23, 2011) - The National Cooperative Business Association asks all members of cooperatives in the United States to urge their U.S. Senators to co-sponsor a Resolution designating 2012 as the International Year of Cooperatives. The Resolution is being introduced by Thad Cochran (R-Miss.) and Tim Johnson (D-SD). 

NCBA President and CEO Paul Hazen said, "I'm pleased that this Resolution enjoys bi-partisan support as cooperative enterprise knows no party, and the social and economic benefits of the model know no boundaries."

A cooperative is a member-owned and controlled business that operates for the benefit of its members. More than 29,000 cooperatives operate in every sector of the economy and in every congressional district; Americans hold over 350 million co-op memberships. U.S. cooperatives generate 2 million jobs and make a substantial contribution to the economy with annual sales of $652 billion and possessing assets of $3 trillion.

"Cooperative enterprise is a vital part of our economy. Cooperatives improve the quality of lives of Americans all over this country, regardless of race, class, gender or party affiliation. That's why we're asking co-op members across America to urge Senators to co-sponsor this Resolution," said Hazen. 

NCBA has prepared a message that can be delivered to Senators by e-mail or phone. To access this message, visit www.ncba.coop.

Cooperatives operate in all sectors of the U.S. economy, including agriculture, food distribution and retailing, childcare, credit unions, purchasing, worker-owned, housing, healthcare, energy and telecommunications. 

The United Nations designated 2012 as the International Year of Cooperatives in order to recognize the contribution cooperatives make to social and economic development. The theme of IYC -- "Cooperative Enterprise Builds a Better World" -- reflects the contribution of cooperatives to the communities they serve. 

ABOUT NCBA
Headquartered in Washington, D.C., the National Cooperative Business Association creates connections among the nation's cooperative businesses, including agriculture, food distribution and retailing, childcare, credit unions, purchasing, worker-owned, housing, healthcare, energy, and telecommunications. NCBA's CLUSA International Program has helped develop cooperatives and other sustainable businesses in over 100 countries since 1953. CLUSA currently implements 23 projects in 10 countries. To learn more about NCBA, visit www.ncba.coop.

Contact Information

  • CONTACT:
    Andrea Cumpston
    202-383-5447
    acumpston "at" ncba.coop