A Co-operative is an autonomous association of persons united voluntarily to meet their common economic, social, and cultural needs and aspirations through a jointly-owned and democratically controlled enterprise.
Co-operatives are based on the value of self-help, self-responsibility, democracy, equality, and solidarity. In the tradition of their founders, Co-operative members believe in the ethical values of honesty, openness, social responsibility and caring for others.
Hi-Wood Meadows is no exception to this philosophy. Co-op members are actively involved in running their housing community. Members are expected to volunteer time to participate on the Board of Directors, on a committee or in some other way. They do not need special skills to get involved. Members can learn what they need to know from each other or from workshops. Members get to know each other through their participation in the Co-op. Participation helps create a sense of community and a safe place for children and adults alike.
Through cooperation, members of Hi-Wood Meadows are able to participate in the operation of their community and share in its success. Members are the owners of the Co-operative, each unit having one vote. Membership is obtained through the purchase of shares on approval of the Board of Directors.