Minutes for August 13, 2019

COMMUNITY FOOD CO-OP

BOARD OF DIRECTORS (BOD) MEETING

13 August, 2019 AT CO-OP TRAINING ROOM

MINUTES

 

PRESENT: B. BUCHANAN, K. COYLE, A. DAWOOD, C. HILDRETH, J. MADGIC, S. QUARLES, C. SHANKS, K. THOMAS, K. WISEMAN (GENERAL MANAGER), J. MADDEN (FACILITATOR), T. RODRIGUEZ (BOARD ASSISTANT-IN-TRAINING), S. SEBREN (BOARD ASSISTANT, OUTGOING).

 

EXCUSED: L. PETERMANN.

 

MEMBER FORUM Matt Skoglund.

 

CONSENT AGENDA All committee notes were accepted. Minutes were approved. Calendar was reviewed.

 

COMMITTEE ITEMS THAT REQUIRE BOARD ACTION

  • NaP accepted final changes to document made at July Board meeting.
  • Management Team will attend the Friday afternoon of Board retreat.

 

FINANCE

  • Sales for the year up by about $915K, approximately 4% higher than the previous year. June sales below budget by $235K due to CWM closure days.
  • End of year financials show a loss; Board decision: no Member Dividend for fiscal year ending in June, 2019.
  • Outstanding Member Loans discussion.

 

GENERAL MANAGER REPORT

  • Discussion on Working Member and EATS programs.
  • Discussion of turnover rate/wages/labor budget.
  • Co-op the Whole Block: final walk-through and punch list, health inspection, and close-out of the expansion project expected by September.

 

MISCELLANEOUS

  • The Co-op purchased two hogs from the Smart Family at the 4-H Auction; meat will be donated to Fork and Spoon.

REVIEW OF ACTION ITEMS

 

AJOURNED FOR EXECUTIVE SESSION 8:20pm

EXECUTIVE SESSION ADJOURNED 9:06pm

 

PRESENT: B. BUCHANAN, K. COYLE, A. DAWOOD, C. HILDRETH, J. MADGIC, S. QUARLES, C. SHANKS, K. THOMAS.