Outages News Careers Contact us SMARTHUB (800) 726-3953 CONNECT HOME MY TIPMONT OUTAGES FIGHTING FOR YOU SAVE ENERGY COMMUNITY SAFETY ABOUT EMPOWERING OUR COMMUNITIES with state-of-the-art essential services HomeAboutAbout cooperativesSeven Cooperative Principles SEVEN COOPERATIVE PRINCIPLES Cooperatives around the world operate according to a core set of principles. These principles, along with the cooperative purpose of improving quality of life for their members, make electric cooperatives different from other electric utilities. 1. VOLUNTARY AND OPEN MEMBERSHIP Cooperatives are voluntary organizations, open to all people able to use its services and willing to accept the responsibilities of membership, without gender, social, racial, political or religious discrimination. 2. DEMOCRATIC MEMBER CONTROL Cooperatives are democratic organizations controlled by their members—those who buy the goods or use the services of the cooperative—who vote for the board of directors that represent their interests. 3. MEMBER'S ECONOMIC PARTICIPATION Members contribute equally to, and democratically control, the capital of the cooperative. This benefits members in proportion to the business they conduct with the cooperative rather than on the capital invested. 4. AUTONOMY AND INDEPENDENCE Cooperatives are autonomous, self-help organizations controlled by their members. If the co-op enters into agreements with other organizations or raises capital from external sources, it is done so based on terms that ensure democratic control by the members and maintains the cooperative’s autonomy. 5. EDUCATION, TRAINING, AND INFORMATION Cooperatives provide education and training for members, elected representatives, managers and employees so they can contribute effectively to the development of their cooperative. Members also inform the general public about the nature and benefits of cooperatives. 6. COOPERATION AMONG COOPERATIVES Cooperatives serve their members most effectively and strengthen the cooperative movement by working together through local, national, regional and international structures. 7. CONCERN FOR COMMUNITY While focusing on member needs, cooperatives work for the sustainable development of communities through policies and programs accepted by the members. Print IN THIS SECTION About cooperatives Seven Cooperative Principles The cooperative difference OUR MISSION Empower our communities by providing state-of-the-art essential services. LEARN MORE OUR MISSION Our mission is to "empower our communities by providing state-of-the-art essential services". READ MORE OUR HISTORY Tipmont REMC was incorporated on May 10, 1939 following the Rural Electrification Administration Act. READ MORE BOARD OF DIRECTORS Tipmont is guided by a board of directors elected by our membership. READ MORE CONTACT INFO P.O. Box 20 403 S. Main St. MAP Linden, IN 47955 (800) 726-3953 (765) 339-3243 Monday - Friday 8 a.m. - 4:30 p.m. EMAIL US CHAT BUG Tipmont REMC's mission, adopted in late 2014, is to empower our communities with state-of-the-art essential services. MORE FOLLOW US LATEST NEWS November's Best Bets for Streaming November 03, 2021 Rethink Thin at Azzip Pizza November 03, 2021 Ivy+ adds value to Ivy Tech experience November 03, 2021 Consider careers with Tipmont Wintek October 28, 2021 (800) 726-3953 RATE TARIFF Copyright © 2021 Tipmont REMC