MCIC Monthly Update for September 2025
Building the framework
We recently completed workshops on our Articles of Incorporation and Bylaws, which establish MCIC’s classes of stock and set the rules for purchase, transfer, and redemption. This framework is what makes a cooperative like ours possible.
Growing our financial literacy
This month, we’re turning our attention to financial literacy—terms like common stock, preferred stock, credit allocations, and patronage dividends. We are participating in a Finance Workshop hosted by MCIC supporter Mission West to ensure our board members have a strong understanding of how MCIC will be capitalized.
Next step: Legal Partnership
We are preparing to engage a legal firm to draft the complete offering and member application paperwork. This interactive process will help us weigh options, advantages, and risks as we determine how many shares to issue, dividend limits, and more.
Our Goal
We are aiming to have our stock offering ready by the end of the year. If adjustments are needed, we will make them carefully to ensure MCIC remains financially strong and well prepared.
How You Can Help
MCIC is officially incorporated, and we have opened a bank account! There are essential financial and legal capacities to put in place leading up to a stock offering. Please consider making a modest donation to MCIC to help with this effort. This will also help us save our future owner and investor capital for the purchase of real estate. A donation now is not part of your pledged amount for the purchase of common stock or investor shares. It is an additional contribution that will be used for startup expenses.
You can make a check out now to MCIC and send it to: PO Box 8596, Moscow. ID 83843
Together, we are building something transformative for Moscow: local capital, local ownership, and local impact. Thank you for being part of this journey. Again, please share this with your family, friends, and neighbors, and encourage them to pledge if they haven’t already.
— The MCIC Board of Directors