ðɪ ˌɔːɹɡɐnᵻzˈeɪʃən ʌvðə kˈʌmpəni wʌz sˈɪmɪlɚ tə ðæt jˈuːzd fɔːɹ kɹˈɛdɪt jˈuːniənz, ɪnwˌɪtʃ ðə stˈoːɹz wɜːɹ ˈoʊnd ænd ˈɑːpɚɹˌeɪɾᵻd baɪ ɐ nˌɑːtfɔːɹpɹˈɑːfɪt ˌɔːɹɡɐnᵻzˈeɪʃən ðæt wʌz ˈoʊnd baɪ ɪts mˈɛmbɚz, hˌuː ᵻlˈɛktᵻd ɐ bˈoːɹd ʌv dᵻɹˈɛktɚz.
The organization of the company was similar to that used for credit unions, in which the stores were owned and operated by a not-for-profit organization that was owned by its members, who elected a board of directors.