Hello there! I’m Marcus the Secretary for the Board of Directors now. Prior to being on the Board I would refresh this blog after every meeting hoping to see an update and get caught up on all the cooperative business that was happening. Now that I am generating the minutes I’ve learned that actually writing down what was said is just the beginning.
1. Why did I not know sooner about our financial condition?
The Board has communicated regularly to the membership through our annual reports, membership newsletters, and member assemblies regarding our financial condition as well as actions being taken to address the issue. At the last annual members meeting held on October 30, 2016, we discussed our declining sales, challenges facing the co-op, our ends policies and the 2015 annual report, which stated:
On Monday October 31st, Black Star Co-op concluded the voting period for the new Board of Directors and the non-profit organizations to support in the upcoming year. There were 3 open seats on the Board of Directors, and a slate of local non-profits nominated by our membership.
Hey Member-Owners, it’s Election Time! Every year you have the golden opportunity to vote on the directors who will represent your voice in the management of your Co-op. This year there are 3 open seats and 3 candidates running for the Board of Directors. Voting is one of the important ways you can participate in the democratic process.
From time to time, it’s critical for the health of a co-op to review and revise its Bylaws to accommodate the changing needs of the organization. Due to the sunset provision of our Bylaws, requiring revision at least every five years, the Board convened a committee to review the Bylaws for any potential changes.
Have you ever wanted to take that next step and become more involved in our co-op? Have you been wanting a reason to spend more time with Member-Owners drinking beer while also helping to make our co-op great? If so, we have two upcoming opportunities to do just that.