WHAT IS A CO-OP?

The International Co-Operative Alliance defines a cooperative, or co-op, 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.”

In Sphere 1 words, we are comprised of small to large independent commercial, residential and industrial distributors working together to achieve competitive and sustainable advantages in the tool, fastener and concrete marketplace.

Our Core Principles

Voluntary and Open Membership

Cooperatives are voluntary organizations, open to persons willing to accept the responsibilities of membership. This relationship can be voluntarily ended at any time.

Democratic Member Control

Cooperatives are democratic organizations controlled by the members who actively participate in setting their policies and making decisions. Members have equal voting rights (one member, one vote).

Member Economic Participation

Members contribute equitably to, and democratically control, the capital of their cooperative. At least part of that capital is the common property of the cooperative.

Autonomy and Independence

Cooperatives are autonomous, self-help organizations controlled by their members.

Education, Training and Information

Cooperatives provide education and training for their members, elected representatives, managers and employees, so they can contribute effectively to the development of their cooperatives.

Cooperation among Cooperatives

Working together through local, national, regional and international structures.

Concern for Community

While focusing on member needs, cooperatives work for the sustainable development of their communities through policies accepted by their membership.