(218) 844-4211 info@mannafoodcoop.com

Invest in Your Community

Discover how you can directly contribute to the growth and sustainability of our co-op. By investing, you’re not just supporting our store—you’re strengthening the entire community.

Key benefits of a preferred share

A preferred share is an equity investment in the co-op, similar to any other stock a person might purchase in a company. Unlike a donation, which is a gift with no expected return, a preferred share represents an ownership stake that can yield financial benefits.

Preferred shares allow you to make a direct investment in a local independent business, putting your money to work in your community. Preferred share purchases are only available to member-owners of the co-op who are Minnesota residents. All details are in the preferred share offering statement.

 

Pays Dividends

Preferred shareholders will receive a 4% dividend in years when the co-op is profitable, and the board declares an allocation.

Redeemable

Starting as early as 2028, the board projects that it will begin redeeming preferred shares, buying them back at the original purchase price.

Transferable

 Preferred shares cannot be sold to anyone other than the co-op but can be transferred to others with board approval or by operation of law.

Information

Address823 Washington Ave, Detroit Lakes, MN 56501

Phone: (218) 844-4211

Email: info@mannafoodcoop.com