Business View Magazine - Feb 2024

A VISION FOR CONTINUED COMMUNITY IMPACT At the heart of Cornerstone’s success lies the unique member-ownership structure.With 33,000 member- owners, its model ensures that profits circulate within its local trading area. Through a one-time ownership share fee, owners participate in profit-sharing, reinforcing their role as stakeholders steering the cooperative’s direction. “We share our profits back to our member-owners based on the spend that they do at their local Co-op. So, the more they patronize their local cooperative, the more cash is shared and equity allocated that builds over the years,” Kralkay says, explaining how the model’s structure encourages members to engage with their co-op as a means to invest in their financial security. The next five years hold promises of innovation and sustained community influence. Phone: (780) 460-0441 Email: inquries@johnstonbuilders.net Collective Teamwork. Positive Results. Johnston Builders has been providing design-build, construction management, general contracting and design-assist services to clients since 1990. 193 BUSINESS VIEW MAGAZINE VOLUME 11, ISSUE 02 CORNERSTONE CO-OP