Urban Greens Food Co-op
Our Purpose
to open a full-scale retail grocery store in Providence, RI. The Urban Greens Food Co-op store will provide and promote healthy, affordable, sustainably-sourced, and local food options. A food cooperative is a retail grocery business owned by its members - residents who buy a share in the business and shop at the store. Once a person purchases a share, he or she becomes a member-owner of the store. Each member-owner has a direct voice in the operations and vision of the store and is entitled to one vote at general membership meetings. Urban Greens Food Co-op will operate a store that meets the membership's common values and the community's needs. Any profits the store makes either go back into the store or are distributed to the members as a proportion of their annual shopping expenditure. In this way, the community is a beneficiary of the success of the store; the profits stay local and get reinvested in the neighborhood economy.