MCIC will begin accepting membership applications once we have been legally approved to do so. Our hope is to be able to do so by 2027.
Becoming an Owner
MCIC ownership will be open to all Latah County residents. Becoming an owner involves completing an application and purchasing an Ownership Share for $1,000. All owners are entitled to one vote and the opportunity to actively participate in the life of the cooperative, including:
- Electing members to serve on the Board of Directors
- Voting directly on key decisions brought to the membership
- Serving on committees and running for a Board seat
- Attending and organizing member meetings and events
- Recruiting new MCIC owners, investors, and business tenants
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Becoming an Investor
Investment Shares are non-voting, dividend-bearing preferred stock that can be purchased by any Idaho resident or organization interested in supporting the cooperative’s mission. MCIC will make Investment Shares available to engage values-aligned investors from within and beyond our membership and to eliminate the need to borrow from banks and other financial institutions.
We will offer Investment Shares at multiple cost levels to suit the varying means and desired returns of prospective investors. Investment Shares are time-limited offerings that will be announced by the MCIC Board of Directors as they become available.
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