Board Meeting Synopsis

Synopsis of the 11/21/11 Board Meeting

At its November 21, 2011 meeting, the Good Foods Co-op board of directors

• Heard and discussed a report from General Manager, Anne Hopkins, on Retail Trends in the natural foods market.
• Renewed its contract for consulting work with Cooperative Development Services for 2012.
• Discussed the budget for board trainings and activities for 2012.
• Accepted as submitted two compliance reports from the General Manager on Financial Condition & Activities and Asset Protection.

• Heard and discussed a presentation by organic farmer and Kentucky Department of Agriculture employee, Mac Stone.
• Approved the date of April 29, 2012 for the next Annual Owners Meeting.
• Accepted a compliance report from the board president on Board-GM Relationship.
• Approved funding for board member Jim Embry to attend a Community Food Conference in Oakland, CA in November.

• Accepted an expansion update report from the General Manager.
• Heard and discussed a presentation from Danielle Dove, the co-op's marketing manager on the co-op's communications activities.
• Heard and discussed a report from Store Manager, Dan Arnett, and General Manager, Anne Hopkins on local suppliers to the co-op.
• Approved a small policy change about capital expenditures and discussed a possible change on policy about food regulations.
• Accepted a compliance report on Staff Treatment from the General Manager.
  

• Accepted a Compliance Report on the current status of the expansion project.
• Discussed the activities of the Education, Communications, and Film Series Task Groups.
• Planned educational speakers and presenters for the next few meetings.
• Gave its approval for the management to seek more owner loans to complete the financing of the expansion project.
• Further discussed making changes in compensation for board members and Nominating Committee members.
• Accepted Compliance Reports on Financial Condition & Activities and Asset Protection.

• Had a follow-up discussion of the retreat on July 16 and set October 1 as a date for another retreat with the Cooperative Development Services consultant.
• Discussed data obtained from the recent Owner Survey.
• Accepted compliance reports from the General Manager on Treatment of Consumers and Treatment of Owners.

• Met with the Nominating Committee to discuss new strategies for recruiting candidates for the board for the 2012 election.
• Accepted an update report on the current renovations of the co-op.
• Continued to discuss key points, threats, and opportunities for the study of the external environment and the 10-year projections of the co-op.
• Accepted a compliance report from the General Manger on Compensation and Benefits.

Synopsis of the 5/16/11 Board Meeting

At its May 16, 2011 meeting, the Good Foods Co-op Board of Directors:

• Chose the following to serve as officers until the May 2012 board meeting: Richard Stump, President; Terri Fann, Vice-President; Doug Slaymaker, Secretary; and Stephanie Cooley, Treasurer.
• Reviewed the results and owner input from the Annual Owners Meeting, and assigned a Task Group to determine common threads from the data.
• Accepted compliance reports from the General Manager on the Expansion Policy, Financial Condition & Activities, and Asset Protection.
• Continued to discuss its study on the external environment and 10-year projections for the co-op.

Synopsis of 4/18/11 Board Meeting

At its April 18, 2011 meeting, the Good Foods Co-op Board of Directors

• Received and discussed a Financial Review of the Co-op done by the accounting firm Dean, Dorton, Allen, & Ford.
• Finalized plans for presentations at the Annual Owners meeting on May 1.
• Accepted a Compliance Report from the General Manager on Communication and Support to the Board.

Synopsis of 3/21/11 Board Meeting

At its March 21, 2011 meeting, the Good Foods Co-op Board of Directors:

• Accepted a Compliance Report from the board president on Board Process
• Accepted Compliance Reports from the General Manager on Ends and General Manager Emergency Succession
• Discussed further how it will handle new ways of working and communicating through a Google site that has been set up.

Synopsis of 2/21/11 Board Meeting

At its February 21, 2011 meeting, the Good Foods Co-op Board of Directors:

• Decided to retain 80% of the 2010 patronage rebate for the capital needs of three more phases of renovation to the store.
• Finalized the agenda for the Annual Owners Meeting
• Accepted as submitted compliance reports from the General Manager on Financial Conditions & Activities and Asset Protection.
• Allocated $200 to support the Bluegrass Local Food Summit.

Synopsis of 1/17/11 Board Meeting

At its January 17, 2011 meeting, the Good Foods Co-op Board of Directors:

• Accepted a Compliance Report from the General Manager on Financial Planning & Budgeting.
• Planned out its calendar for 2011 through the month of July, including GM monitoring and evaluation, Annual Owners Meeting planning, the national co-op meeting (CCMA), and a board retreat.
• Discussed plans for using Google Sites for meeting packets and storing and sharing documents.

Synopsis of the 12/20/10 Board Meeting

At its December 20, 2010 meeting, the Good Foods Co-op Board of Directors:

Participated in a training and presentation by Art Sherwood, a consultant from Cooperative Development Services.  The topics in this presentation included:

• How to better gain n