Owned by the community, for the community..
Who is YCDCo?
The Yackandandah Community Development Company Ltd (YCDCo) was established in March 2002 by seven local residents, concerned by the impending closure of the township’s only fuel outlet.
Through the establishment of the YCDCo entity and the construction of a modern service station, fuel supplies were secured for the long term. Over the years YCDCo has extended its product range to include rural supplies and hardware. From its beginning, YCDCo identified itself as being in the ‘Community Development’ business. We support the local economy through employment, community grants and community initiative sponsorship.
Today, YCDCo is an unlisted public company with over 650 shareholders, most of whom are local residents. YCDCo proudly provides fuel, building, hardware, gardening and farming supplies locally in Yackandandah. Offering quality products and services to the local community and supporting initiatives from local community groups. YCDCo also owns and publishes Yackity Yak, their our local bi-monthly newspaper.
YCDCo Goals
Benefit the community: Undertake projects and initiatives which economically, socially or culturally benefit the community of Yackandandah and its surrounding areas
Retain community ownership: Retain the broad-based community ownership of YCDCo
Service town needs: Meet the needs of our growing community by providing quality products and services while supporting Yackandandah’s community groups
Generate long-term profits: Operate YCDCo on a commercially sustainable basis and generate profits in the long term
Invest in the community: Make available up to 50% of profits the company generates (after operating expenses) back to community initiatives
Support shareholders: Return up to 50% of profits to YCDCo shareholders by way of dividend payments
20 Year Anniversary Celebrations!
On Saturday the 25th of November, 2023 The Yackandandah Community Development Company celebrated its 20th Anniversary since establishment.
A Gala dinner was held in the local Shire hall, with approximately 120 people in attendance to recognise such the establishment of such an amazing intiative and to also celebrate the accomplishments achieved throughout the 20 years in business.
Our staff member Ray Hamilton attended where he had an opportunity to speak on our partnership with YCDCo and also our admiration for the business.
As a company passionate about our local communities, we would like to commend and congratulate YCDCo on their 20 years in business.
From humble beginnings in 2003 to a site now doing 4 million litres per annum, what a great success story!
To learn more about YCDCo please visit:
https://www.ycdco.com.au/