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Cooperatives
A cooperative (also co-operative or coƶperative; often referred to as a co-op or coop) is defined by the International Co-operative Alliance's Statement on the Co-operative Identity as an autonomous association of persons united voluntarily to meet their common economic, social, and cultural needs and aspirations through a jointly-owned and democratically-controlled enterprise[1]. A cooperative may also be defined as a business owned and controlled equally by the people who use its services or who work at it. Cooperative enterprises are the focus of study in the field of cooperative economics. Cooperatives have a sponsored top-level internet domain .coop, which identifies legally registered or recognized co-operatives.
Pending Litigation Impacting NY Condominiums and Cooperatives
There are basic laws that governs condominiums (“condos”) and cooperatives (“co-ops”) in New York...
The Law of Deferred Income Recognition for the Members of Agricultural Cooperatives
Kathryn J. Sedo (Minnesota) & Mychal S. Brenden (J.D. 2007, Minnesota) have published Fairness and Taxation: The Law of Deferred Income Recognition for the Members of Agricultural Cooperatives, 23 Akron Tax J...
HEALTH COOPERATIVES: TOO SMALL NOT TO FAIL ON NATIONAL SCALE?
.... COOP ALTERNATIVE TO PUBLIC HEALTH INSURANCE COMPETITION? PART TWO The post here on Friday, August 7, 2009, "Coop Alternative to Public Health Insurance Competition," is a springboard for this post...
Tax Treatment of Landline and Wireless Internet Services Provided by Cooperatives under the U.S. Tax Code §501(c)(12)
There are several types of organizations exempted from tax under the Internal Revenue Code ("IRC") §501(c). For instance, cooperatives (organizations working for the mutual benefit of its members) are tax exempted under IRC §501(c)(12)...
New York City Pet Laws Affect Boards And Dog Owners In Cooperatives And Condominiums
New York City cooperative and condominium owners consider their pets to be members of their families. At the other end of the spectrum are people who may have violent allergic reactions when they come into contact with dogs, or who just prefer not to share their common living space with someone else's four-legged friend...
New York City's Cooperatives React To The Current Economy & Real Estate Market
Typically, cooperatives have the right to scrutinize and ultimately admit or reject potential buyers. This right is furthered via the adoption and use of admissions policies, set and amended from time to time by the Board of Directors...
















