Rocky Mountain Employee Ownership Center

A nonprofit organization

65 donors

75% complete

$20,000 Goal

Through coop conversion, coop incubation, education, and technical assistance to help businesses become employee-owned, RMEOC works to create a more just and sustainable economy throughout Colorado. Employee ownership makes businesses more resilient and profitable and builds wealth for workers through shared ownership.

Testimonials

"RMEOC's strategy session was more than a training to our team members and company. We have already started seeing the positive outcomes of considering/becoming an employee-owned company. We appreciate your hard work."
-Umit Kaya, small business owner

"Every business should attend RMEOC's events whether or not they are thinking of selling or transitioning. So many businesses close their doors rather than looking at creative ways to transfer ownership to their key staff. This was very informative. So glad I attended." -Small business owner

"RMEOC is the crucible of resources and support for employee ownership and alternative financing models in the state of Colorado." -Amy Herman, small business owner

Mission

RMEOC's mission is to create a more just and sustainable economy through employee ownership.

Background Statement

Founded as a 501(c)3 nonprofit organization in 2012, RMEOC works across the state of Colorado to promote and advocate for employee ownership, provide education on employee-owned business models, and work one-on-one with businesses to help them become employee-owned. We have diverse programs: employee ownership conversion, cooperative incubation, employee ownership education, employee ownership research, and policy.

Colorado is facing a business succession crisis, as baby boomer business owners get ready to retire and seek buyers for their businesses. For many companies, finding a buyer will be difficult and businesses will close, negatively impacting local communities. Employee ownership provides business owners with a viable way to grow their businesses and/or create succession plans, continue their legacies, and save jobs. Employee ownership reduces wealth inequality by creating companies where employees become owners, sharing in profits and having a voice in their workplace.

Organization Data

Summary

Organization name

Rocky Mountain Employee Ownership Center

other names

RMEOC

Year Established

2012

Tax id (EIN)

45-2465671

Category

Employment, Public & Societal Benefit, Civil Rights, Social Action & Advocacy, Community Improvement & Capacity Building, Social Science

Organization Size

Medium Organization

Address

3000 Lawrence St #120
Denver, CO 80205

Mailing

3000 Lawrence St. #120
Denver, CO 80205

Service areas

Denver County, CO, US

Phone

303-351-2003

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