More Than Membership
One of the first things Collective Spaces members did was purchase this farming property in Virginia. In order to do so, we split the cost of the down payment of the farm between our group members and pods. Moving forward, our goal is for this farm to benefit all members of the community equally, regardless of how much or how long they've been contributing.
Your monthly membership contributions support the Collective Spaces farming community by empowering us to make improvements to the farm, better steward the land, initiate projects, and host agritourism events. Membership contributions also secure your right to fully participate in Circles and our governance process.
But more than that, each Member also has a capital account that represents the value of their contributions and membership unit. Each Member (or pod) represents one membership unit, regardless of the value in that Member's capital account.
In this way, money does not buy a "bigger voice" or larger amount of impact. A new member who has made contributions for only a few months has the same voice as someone who has been contributing for a year or more.
This is all codified within our operating agreement which stands as the basis and legal foundation of the LLC itself. All members agree to and sign the operating agreement as part of the membership process (this signifies the true transition into Ownership, where you, as a new member, acquire legal ownership of your LLC Ownership Unit).