Capital Credits

Capital credits to co-op members result from a surplus of funds remaining from doing business. If the revenues of the cooperative during the financial year exceed the expenses, the remainder is the margin. The margin is then allocated to the member-owners, based on their pro rata share of total patronage.

Members' unretired capital credits are used by the co-op to maintain a solid financial base, build equity and provide quality service at low rates. This refund reflects a partial retirement of total capital credits, based on SkyLine's good financial standing.

With the refunding of capital credits, members are able to actively participate in the Cooperative's success.

What Are Co-operatives

• Cooperatives are businesses that are owned and democratically controlled by their members - the people who use the co-op's services or buy its goods - not by the investors.
• Cooperatives are motivated by maximizing service to their members - not by maximizing profit.
• Cooperatives operate on a not-for-profit basis.