Co-op Living

Mission Statement

The Mission of 7500 York Cooperative is to provide a safe, healthy, and pleasant home for its members to enjoy an active, independent lifestyle in a senior cooperative environment.

Membership in a Co-op

Persons applying for membership at 7500 York Cooperative must be 55 years or older, meet or exceed the minimum income requirements and pass a criminal background check. Membership is open to all persons, regardless of race, color, creed, national origin, gender, marital status, familial status, religion, disability or sexual orientation.

Purchasing a Co-op Share

The Cooperative has been created for the benefit of each person in conjunction with that of fellow members. Prior to occupancy, each member indicates his or her intention to join by signing a Subscription Agreement. This agreement sets forth the Corporation’s promise to entitle the member to occupancy of a specific dwelling unit in the community and the member’s agreement to purchase his or her proportionate membership share.

In addition, the member enters into an Occupancy Agreement with the Cooperative Corporation. This agreement specifically defines the member’s right to occupancy of the dwelling unit.

There are 337 units in the building and 337 shares in the Cooperative. Those selecting a unit purchase one share which increases in value each year by the annual equity buildup. When a member sells, the share value, including the member’s equity build-up less the selling cost, is returned to the member upon resale of the share.

Co-op Organizational Structure

7500 York Cooperative is governed by a nine person Board of Directors who are all members and resident owners.

The Board of Directors, which is elected by the membership of the Cooperative, has established 12 standing committees of residents who guide the Board in its policy making function. Committees include Finance, Executive, Food Service, Property, Resident Activities, Furnishings, Nominating, Archives, Resident Services Advisory, Yorke Stop & Shop and Resident Fund.

Opportunities for involvement and participation in the community of 7500 York are many and varied. There are 14 Resident Activity sub-committees, which meet regularly to discuss, plan, and implement the many activities offered. Interest areas include: Life Enrichment, Hobby, Music & Arts, Workshop, Exercise, Gardening, Neighbor Awareness, Fun & Games, Big Screen, Bulletin Board, Excursion, Library, Men of Yorke and Newsletter.

These sub-committees are joined by the Floral and Yorke Room Committee, which is a sub-committee of another standing committee. Ad Hoc committees are established when needed.

We proudly applaud our members as over 200 of our members participate on at least one committee. Click here to see Organizational Chart of Committees

Smoke-Free and Pet-Free

7500 York Cooperative is a smoke-free community, as well as pet-free. We welcome service and support animals with proper documentation.