NOT FOR PROFIT?
Not-for-profit companies/organisations are not owned or controlled by external private shareholders, but by their own members who control the direction in which the company/organisation moves. Any surplus profit made by such companies must be re-invested in the company.
In general, private limited companies are owned and controlled by external private shareholders (investors), who are often mainly concerned with the company’s profits and share price, and thereby their own dividend payments.
Sundance is a not-for-profit worker’s co-operative, limited by guarantee and owned by its members. All surplus profits generated by Sundance are re-invested in the co-operative in order to facilitate our aims:
Support, development and marketing of renewable energy systems
Raising of awareness of energy issues and sustainable and environmentally friendly alternatives
Provision of educational resources in respect of sustainable development
Supporting the principles and concept of co-operation in our own affairs and in industry and commerce generally
Supporting the Industrial Common Ownership Movement and educating our members in co-operative principles and management practices