Anyone over the age of 21 can become a NCL member. Membership costs $25.00. Only one membership is allowed per individual. Members are eligible to vote for and serve on the Board of Directors, and vote toward investment property decisions when requested by the Board of Directors.
If you are Interested in becoming a member please contact us and we will provide you with everything a member should know about our mission, our goals, our cooperative framework and how to become a member.
Co-operatives are businesses that are run by and for their members in order to meet an economic, social or cultural need. As businesses driven by values, co-operatives adhere to the seven principles;
Co-operatives are based on the values of, self-help, self-responsibility, democracy, equality, equity and solidarity. In the tradition of their founders, co-operative members believe in the ethical values of honesty, openness, social responsibility and caring for others.
Why is NCL for Profit?
Being for profit allows NCL to operate without the restrictions that constrain non profits. By providing an alternative to traditional real estate investments, NCL keeps resources in the communities where they have a foot print.
Your financial support for NCL carries the same risks as any other investment-there is no guaranteed return and your support is not insured as it would be with a credit union or a bank.