Membership

Why join: here’s 15 good reasons

  1. All Members will have an industry body that will advocate for the cooperative business model and the cooperative sector itself here in NZ.
  2. Cooperative Business NZ will lead its Members to NZ’s government departments and agencies, and politicians as required.
  3. Cooperative Business NZ will help negotiate and lobby for legislative change via the Financial Markets Authority for the benefit of its Members, for example exclusions from the need to produce Product Disclosure Statements when raising share capital.
  4. All Members will have access to governance and leadership training that is aligned to the cooperative business model.
  5. All Members will have the opportunity to network with, and learn from, other Members at various educational events held each year including an annual Co-op Business Leaders’ Forum, an Annual Awards Dinner and various Co-op Roundtable Discussions.
  6. All Members will be provided with the opportunity to collaborate as we seek to drive effective “Cooperation Amongst Cooperatives”, for example preferred supplier agreements, sharing of information and resources, lowering costs through aggregation of purchasing requirements.
  7. All Members will benefit from the findings of university research projects in relation to the NZ cooperative sector, for example that released in January 2017 titled “The NZ Co-operative Economy”.
  8. Cooperative Business NZ will act as the knowledge centre for internal and external research, data and IP.
  9. Cooperative Business NZ will link its Members to the International Co-operative Alliance and its resources, promotional material, global conferences etc.
  10. Cooperative Business NZ will provide advice and guidance within the cooperative business model.
  11. Cooperative Business NZ will organize and facilitate cooperative discussion groups in relation to specific issues.
  12. Cooperative Business NZ will encourage and support new start-up businesses and organisations as they either consider becoming cooperatives, or seek to become co-operatives.
  13. Cooperative Business NZ will seek to extend its value proposition to its Full Members by adding Corporate Associate Members to its base ie. non-cooperatives that wish to provide their services to Full Members provided there is no duplication or conflict of interest.
  14. By being a Member of Cooperative Business NZ your business will be supporting the cooperative sector locally including those smaller co-ops which do not have the resources to provide such things as internal governance training, or to lobby with the FMA on legislative change.
  15. Finally by being a Member you will be supporting an organisation that advocates for a business model that is sustainable economically, socially and environmentally and that can only be good for NZ as a country!

Levels of membership

  • Full Membership is open to co-operatives, mutuals and other organisations whose constitutions or governing documents provide that the co-operative principle is paramount. The current annual subscription fee is available upon request and you can apply for full membership by filling out the Form Here.
  • Individual Associate Membership is for individuals who are keen to support and be involved with the co-operative movement in this country. The cost is $120 plus GST a year. Apply for Individual Associate membership by filling out the Form Here.
  • Corporate Associate Membership is for non-cooperative businesses and organisations which wish to provide their products / services to Co-operative Businesses NZ’s Members and / or wish to support the co-operative business model and co-operative movement here in NZ.
  • Provisional Membership is for individuals, businesses and organisations who are intending to set up a new co-operative business otherwise looking into converting an existing business into a cooperative. Apply for provisional membership by filling out the Form here. The cost is $300 plus GST a year

See who’s involved

View the complete list of current full, associate and provisional members here  and the society’s rules here.


Top Co-operatives and Mutuals

NZ’s top 40 Co-operatives based on 2017/18 revenues

 

Top 40 Co-ops, 2017/18 Revenues $
1 Fonterra 20,400,000,000
2 Foodstuffs North Island 6,640,000,000
3 Foodstuffs South Island 3,071,000,000
4 Zespri 2,448,000,000
5 Farmlands Cooperative 2,400,000,000
6 Silver Fern Farms 2,200,000,000
7 Alliance Group 1,800,000,000
8 Southern Cross Healthcare 987,000,000
9 Market Gardeners 862,000,000
10 Mitre 10 (NZ) 850,000,000
11 Ballance Agri-Nutrients 826,000,000
12 Westland Milk Products 692,000,000
13 Ravensdown Fertiliser 678,000,000
14 Rabobank NZ 633,000,000
15 Independent Timber Merchants 515,000,000
16 Capricorn Society 365,000,000
17 Tatua Cooperative Dairy Co 357,000,000
18 CDC Pharmaceuticals 326,271,000
19 Farmers Mutual Group 283,000,000
20 Livestock Improvement Corp 236,000,000
21 RuralCo 234,000,000
22 SBS Bank 225,000,000
23 NZPM Group 213,000,000
24 Dairy Goat Cooperative 193,000,000
25 The Co-operative Bank 155,000,000
26 Eastpack 150,400,000
27 Pharmacy Wholesalers (BOP) 138,683,000
28 Medical Assurance Society 124,494,000
29 Foodfirst 65,000,000
30 Electricity Ashburton 54,300,000
31 Unimed 52,700,000
32 Co-op Money NZ 29,144,000
33 Seasonal Solutions 28,622,000
34 Health 2000 28,000,000
35 The Organic Dairy Hub Co-op 25,000,000
36 Accuro 25,000,000
37 Marlborough Grape Prod Group 24,390,000
38 First Credit Union 22,400,000
39 NZ Hops 21,500,000
40 Fruitpackers Coop (Frupak) 15,175,000
Total 48,394,079,000

NZ’s top 40 co-operatives, mutuals and societies generated almost $NZ48.4 billion in revenues over their respective 2017/18 financial years, this equating to 16.0% of NZ’s GDP ($NZ302 billion in 2017 calendar year).

Data on 2017/18 revenues were gathered from annual reports and/or financial statements published by the organisations. These were retrieved from the NZ Companies Office register or from the organisations’ various websites. Where annual reports or financial statements were not publically available, the information was sourced by contacting the organisations directly. There is some variability in the reporting with revenue for retail / wholesale co-operatives, which represent a B:B co-operative business model, reflecting the total value of purchases made by respective Members (ie. retail stores) from their parent company buying offices, and not the sum of the revenues of the stores themselves, eg. Mitre 10, ITM, BuildLink, World Travellers and Composite Retail.

December 1st, 2018|

NZ’s top 30 Co-operatives based on 2014/15 revenues

Revenue -

Rank Co-operative Revenue (in Millions)
1. Fonterra Co-operative Group 18,845.0
2. Foodstuffs - North Island 6,238.8
3. Foodstuffs - South Island 2,721.3
4. Silver Fern Farms 2,434.4
5. Farmlands Co-operative 2,210.0
6. Alliance Group 1,501.5
7. Zespri 1,458.6
8. Ballance Agri-Nutrients 892.7
9. Southern Cross Medical Care Society 817.8
10. Ravensdown Fertiliser Co-operative 711.4
11. Mitre 10 (New Zealand) 708.6
12. Westland Co-operative Dairy Co 639.3
13. Independent Timber Merchants Co-operative 398.0
14. Market Gardeners 328.9
15. CDC Pharmaceuticals 293.1
16. Tatua Co-operative Dairy Co 285.7
17. Capricorn Society 261.4
18. Livestock Improvement Corporation 228.4
19. FMG (FMG Insurance Limited) 209.3
20. Southland Building Society (SBS Bank) 183.3
21. NZPM Group 174.8
22. Dairy Goat Cooperative (NZ) 156.7
23. Eastpack 135.2
24. Pharmacy Wholesalers (Bay of Plenty) 132.9
25. Ashburton Trading Society 119.4
26. The Co-operative Bank 110.7
27. Union Medical Benefits Society 52.7
28. Electricity Ashburton 46.8
29. Medical Assurance Society 32.7
30. Co-op Money NZ 24.7
 

Total Revenue = $NZ 42.354 billion pa.

Notes - Organisations were drawn from the 2015 Top 40 Co-operatives and Mutuals by revenue published by Cooperative Business New Zealand and who meet the member/user ownership, control and benefits criteria elaborated on in the methodology. We except this definition excludes some organisations that operate as co-operatives or mutuals in other countries but not in New Zealand since in these instances ownership, control and benefits accrue to the overseas members (e.g. Rabobank). Data on revenue was gathered from annual reports and/or financial statements published by the organisations. These were retrieved from the NZ Companies Office register or from the organisations’ websites. Where annual reports or financial statements were not publically available, the information was sourced by contacting the organisations directly. The reporting period considered was 2014/2015. However, there is some variability in the reporting period/financial year among the co-operatives and mutuals. Revenue for Capricorn Society Limited in New Zealand and Independent Timber Merchants Co-operative are not the revenue figures reported on the Profit and Loss statements. The figures represent the total value of purchases made by respective Members (e.g. retail stores) from their parent company buying offices.  

Assets -

Rank Co-operative Total Assets (in Millions)
1. Fonterra Co-operative Group 18,315.0
2. Southland Building Society (SBS Bank) 2,862.6
3. Foodstuffs - North Island 2,645.6
4. The Co-operative Bank 1,806.3
5. Foodstuffs South Island 1,010.5
6. Silver Fern Farms 627.0
7. Southern Cross Medical Care Society 602.1
8. Ballance Agri-Nutrients 541.8
9. Westland Co-operative Dairy Co 538.1
10. Alliance Group 536.1
11. Ravensdown Fertiliser Co-operative 533.2
12. Zespri 461.2
13. FMG (FMG Insurance Limited) 419.1
14. Farmlands Co-operative 411.6
15. Livestock Improvement Corporation 301.5
16. Electricity Ashburton 251.1
17. Tatua Co-operative Dairy Co 241.4
18. Dairy Goat Co-operative (NZ) 232.3
19. Market Gardeners 180.2
20. Mitre 10 (New Zealand) 174.8
21. Eastpack 139.6
22. Co-op Money NZ 115.9
23. Union Medical Benefits Society 112.7
24. NZPM Group 111.4
25. Medical Assurance Society 85.5
26. Independent Timber Merchants Co-operative 68.5
27. CDC Pharmaceuticals 63.3
28. Capricorn Society 35.5
29. Ashburton Trading Society 31.3
30. Pharmacy Wholesalers (Bay of Plenty) 22.4

Total Assets = $ NZ 33,477.7 billion

Notes - Data on total assets was gathered from annual reports and/or financial statements published by the organisations. These were retrieved from the NZ Companies Office register or from the organisations’ websites. Where annual reports or financial statements were not publically available, the information was sourced by contacting the organisations directly. The reporting period considered was 2014/2015. However, there is some variability in the reporting period/financial year among the co-operatives and mutuals.  

Employees -

Rank Co-operative Number of Employees
1. Fonterra Co-operative Group 22,000
2. Silver Fern Farms 7,000
3. Alliance Group 4,700
4. Eastpack 2,700
5. Foodstuffs - North Island 1,800
6. Foodstuffs South Island 1,350
7. Farmlands Co-operative 1,000
8. Ballance Agri-Nutrients 760
9. Southern Cross Medical Care Society 750
10. Ravensdown Fertiliser Co-operative 750
11. Mitre 10 (New Zealand) 750
12. Livestock Improvement Corporation 710
13. NZPM Group 603
14. FMG (FMG Insurance Limited) 468
15. Westland Co-operative Dairy Co 375
16. Market Gardeners 360
17. Southland Building Society (SBS Bank) 350
18. Tatua Co-operative Dairy Co 345
19. The Co-operative Bank 310
20. Zespri 250
21. Capricorn Society 214
22. Dairy Goat Co-operative (NZ) 190
23. Electricity Ashburton 175
24. Medical Assurance Society 175
25. CDC Pharmaceuticals 125
26. Ashburton Trading Society 90
27. Co-op Money NZ 60
28. Pharmacy Wholesalers (Bay of Plenty) 35
29. Union Medical Benefits Society 35
30. Independent Timber Merchants Co-operative 25

Total Employees = 48,455

Notes - Data on employees was sourced from annual reports and/or financial statements published by the organisations. These were retrieved from the NZ Companies Office register or from the organisations’ websites. Where data on employee numbers was not available from annual reports, the information was sourced from responses to the University of Auckland Icehouse survey or the Kompass database. Since the Kompass database provides a range for employee numbers, the midpoint of the range was used, and hence the data should be interpreted with caution. The reporting period considered was 2014/2015. However, there is some variability in the reporting period/financial year among the co-operatives and mutuals. Some data includes overseas employees  

Members -

Rank Co-operative Number of Memberships
1. Southern Cross Medical Care Society 811,462
2. Co-op Money NZ 190,000
3. The Co-operative Bank 120,000
4. Farmlands Co-operative 62,500
5. FMG (FMG Insurance Limited) 52,000
6. Southland Building Society (SBS Bank) 40,000
7. Medical Assurance Society 28,000
8. Ravensdown Fertiliser Co-operative 26,000
9. Ballance Agri-Nutrients 19,250
10. Electricity Ashburton 12,782
11. Fonterra Co-operative Group 10,753
12. Livestock Improvement Corporation 10,537
13. Silver Fern Farms 6,000
14. Alliance Group 5,000
15. Capricorn Society 3,660
16. Zespri 3,000
17. Ashburton Trading Society 2,701
18. NZPM Group 1,000
19. Foodstuffs South Island 500
20. Eastpack 500
21. Foodstuffs - North Island 433
22. Westland Co-operative Dairy Co 400
23. CDC Pharmaceuticals 270
24. Market Gardeners 240
25. Pharmacy Wholesalers (Bay of Plenty) 170
26. Tatua Co-operative Dairy Co 118
27. Independent Timber Merchants Co-operative 94
28. Dairy Goat Co-operative (NZ) 72
29. Mitre 10 (New Zealand) 65
30. Union Medical Benefits Society

Total Members = 1,407,507

Notes- Data was sourced from annual reports and/or financial statements published by the organisations. These were retrieved from the NZ Companies Office register or from the organisations’ websites. Where data on membership numbers was not available from annual reports or organisations websites, it was supplied by Cooperative Business New Zealand or sourced from responses to the University of Auckland Icehouse survey. These are counts of memberships. We recognise that some members will belong to more than one co-operative or mutual that is listed. Data on individual members is not publicly available to report the number of individual members. The reporting period considered was 2014/2015. However, there is some variability in the reporting period/financial year among the co-operatives and mutuals.

June 5th, 2016|Categories: Top 50|0 Comments