MCIC Monthly Update for DECEMBER 2025
Stock Offering Update
MCIC is an incorporated cooperative that will raise capital by selling stock, which puts us under both federal and state securities laws. Before any shares can be sold, we must determine whether our offering qualifies for exemptions from SEC and Idaho registration requirements. This matters because full registration is prohibitively expensive for a small, community-based cooperative like ours—and identifying the correct legal path ensures that we comply with the law while protecting our future member-owners.
To guide us through this process, MCIC has engaged Dorsey & Whitney, a Minneapolis-based firm with a Boise office. They are assisting with:
- Clarifying federal and state securities requirements
- Determining applicable exemptions
- Drafting and reviewing the private placement memorandum
- Preparing membership applications, stock purchase forms, and required disclosures
This due diligence phase of research, legal review, and preparation of offering documents may take two months or more. It is a necessary step to ensure MCIC launches its offering responsibly, transparently, and in full compliance with securities law. The Board remains committed to protecting the cooperative’s legal and financial foundation and safeguarding the rights of our future members and investors.
Fundraising Update
MCIC has now received over $20,000 in direct donations toward start‑up costs! Thank you to the 55 couples and individuals who have contributed, bringing us to $23,429.05. Thank you again for your generous support!
Contributions to start‑up costs can be made by checks payable to MCIC and mailed to:
MCIC PO BOX 8596
Moscow, ID 83843
Board Member Spotlight
Aly Bean, MCIC Membership Communications & Outreach Director, leads member correspondence
and cooperative communication strategy with a great team of committee members. She is Safe Zone certified through UI and works at WSU, specializing in community‑engaged agroecological research and science communication. Aly has lived in Moscow for over 20 years and has served with organizations such as the Idaho League of Women Voters, Palouse‑Clearwater Environmental Institute, Habitat for Humanity, and the Moscow Community Band, bringing a deep commitment to community resilience and inclusive engagement.
Cooperative Principle of the Month
Principle #1 – We embrace collaboration and follow cooperative values to meet our common needs and aspirations. For MCIC, collaboration means shared decision‑making, transparent processes, and grounding our work in community priorities. This principle aligns with our commitment to inclusive spaces, local business support, sustainability, and a culture of belonging.
Fun Fact – Latah County, 2025
Moscow has one of the lowest commercial vacancy rates among small cities in Idaho — typically under 4% — showing strong demand for locally owned spaces and limited availability downtown.
Source: City of Moscow Economic Reports