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Evergreen Laundry Cooperative Turns Laundry Into Community Wealth-Building

Rasha Rehman · TriplePundit · 2025

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Type
Article
Author
Rasha Rehman
Accessed
2026-09-01

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EstablishedIn 2025 Evergreen's CEO said the nonprofit holds voting rights and control to prevent buyouts, with employee-owners receiving 80% of annual profits; the laundry reported $25m revenue and $1.5m distributed in 2023.