The Reality

With rising rents, it is essential that we move deliberately to create wealth for Latino community members so that they can continue to live in Jefferson County and send their students to their local schools. Worker cooperatives give community members an opportunity to become owners in a cooperative business and take home more income. 

What is a Worker Cooperative?

In a normal business, the owners of the business receive more of the profit than the employees. Owners or managers also make most of the decisions. In a worker cooperative, employees are owners of the business and share in the profit of the business. In worker cooperatives, the workers also work together to make decisions. The goal is that the owners in the worker cooperative build wealth as they share in the profit and decision-making. 

Edgewater Collective provides the support and services necessary for these worker cooperatives to be successful and sustainable. These services will include accounting, marketing, office support, and ongoing training.

We currently support three worker cooperatives and are in the process of launching a fourth, Edgewater Cleaning Cooperative.