The Cooperative's Board of Directors at its September meeting authorized the return of $869,409.70 to active members and $1,130,590.30 to those who last earned capital credits in 2003. Since the cooperative was formed in 1939, the board of directors has authorized the return of more than $44 million to members.
"This is what separates us as a cooperative from other forms of businesses," said Ken Johnson, Co-Mo CEO and general manager. "Any part of our members' investment in the cooperative above and beyond the cost of doing business is allocated to back to them and can then be returned after approval from the board."