food o op of indiana pa 2017 2018 year in review€¦ · i. purpose: the food o-op of indiana pa...

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indianapafoodcoop.com indianapafoodcoop @gmail.com Our food co-op is a not-for-profit Pennsylvania cooperave corporaon. Proud member of Downtown Indiana In 2017, the Food Co-Op of Indiana PA opened its first permanent retail market, offering fresh produce, unique items, and arsan goods to the Indiana community sourced from local and re- gional vendors. The co-op’s planning kicked off on June 30, 2015 with a first-call meeng under the auspices of the Center for Community Growth, a grassroots organizaon dedicated to organizing local peo- ple for sustainable growth in Indiana area. Over two years of fundraising and organizing, includ- ing operang a two-week pop-up market in Ga Pharmacy in the summer of 2016, allowed the co-op to open a retail establishment in 2017. The Food Co-Op opened its doors on August 26, 2016, enjoying over $1,500 in sales on opening day. Over the next year, we welcomed new members, hired our first staff members—manager Candice Bolger and assistant manager Cynthia Waa—partnered with community organiza- ons, and sold enjoyed over $45,000 in revenue. Placing money into the pockets of small local farmers is something we’re parcularly proud of. Recepon from customers and community partners has been posive, as the co-op is filling a gap in the community. Like many business startups, our organizaon has not been without some bumps in the road. Due to limited cash reserves and sales, the organizaon could not afford payroll to sustain staff, so it transioned to an all-volunteer model of operaon in Febru- ary 2018. In May 2018, the 7th St. Marketry became the new lessee of 701 Philadelphia St. and the food co-op became one of the anchor tenants of the new Marketry. The co-op looks forward to grow- ing the market, giving back to the community, and developing an economically viable local food cooperave resulng in a full line, member-owned grocery store and community space. Co-Op Opens Its First Retail Market Food Co-Op of Indiana PA 2017-2018 Year in Review CO-OP ANNUAL REPORT Leaders of the Indiana Food Co-Op with the community partners: In front, from leſt, are Peter Broad, Sherene Hess, Cynthia Waa, Eric Barker, Quinna Thomas, and Shannon Lawer. In back, from leſt, are Don Lancaster, Rich Rinkus and David Janusek. (Indiana Gazee, Sept. 4, 2017)

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Page 1: Food o Op of Indiana PA 2017 2018 Year in Review€¦ · I. Purpose: The Food o-Op of Indiana PA (“the o-Op”) exists to enhance opportunities for marketing local farm-fresh and

indianapafoodcoop.com

indianapafoodcoop @gmail.com Our food co-op is a not-for-profit Pennsylvania cooperative corporation. Proud member of Downtown Indiana

In 2017, the Food Co-Op of Indiana PA opened its first permanent retail market, offering fresh produce, unique items, and artisan goods to the Indiana community sourced from local and re-gional vendors. The co-op’s planning kicked off on June 30, 2015 with a first-call meeting under the auspices of the Center for Community Growth, a grassroots organization dedicated to organizing local peo-ple for sustainable growth in Indiana area. Over two years of fundraising and organizing, includ-ing operating a two-week pop-up market in Gatti Pharmacy in the summer of 2016, allowed the co-op to open a retail establishment in 2017. The Food Co-Op opened its doors on August 26, 2016, enjoying over $1,500 in sales on opening day. Over the next year, we welcomed new members, hired our first staff members—manager Candice Bolger and assistant manager Cynthia Watta—partnered with community organiza-tions, and sold enjoyed over $45,000 in revenue. Placing money into the pockets of small local farmers is something we’re particularly proud of. Reception from customers and community partners has been positive, as the co-op is filling a gap in the community. Like many business startups, our organization has not been without some bumps in the road. Due to limited cash reserves and sales, the organization could not afford payroll to sustain staff, so it transitioned to an all-volunteer model of operation in Febru-ary 2018. In May 2018, the 7th St. Marketry became the new lessee of 701 Philadelphia St. and the food co-op became one of the anchor tenants of the new Marketry. The co-op looks forward to grow-ing the market, giving back to the community, and developing an economically viable local food cooperative resulting in a full line, member-owned grocery store and community space.

Co-Op Opens Its First Retail Market

Food Co-Op of Indiana PA

2017-2018 Year in Review

C O - O P A N N U A L R E P O R T

Leaders of the Indiana Food Co-Op with the community partners: In front, from left, are Peter

Broad, Sherene Hess, Cynthia Watta, Eric Barker, Quintina Thomas, and Shannon Lawer. In

back, from left, are Don Lancaster, Rich Rinkus and David Janusek.

(Indiana Gazette, Sept. 4, 2017)

Page 2: Food o Op of Indiana PA 2017 2018 Year in Review€¦ · I. Purpose: The Food o-Op of Indiana PA (“the o-Op”) exists to enhance opportunities for marketing local farm-fresh and

By the Numbers *

230 members since inception

7,812 items sold

$47,940 gross sales

$1,277 discounts and comps

Hundreds of unique customers

C O - O P A N N U A L R E P O R T P A G E 2

Mission

Our mission is to develop an economically viable yet socially conscious food co-op emphasizing 3Ps: people, planet, and purpose.

Vision

The Food Co-Op includes a group of members and volunteers dedicated to bringing a community-owned, locally-stocked venue for local foods and products to downtown Indiana, PA. In operating a food co-op, our goals are to:

Enhance access to local, sustainable, and bulk food and other goods for Indiana area visitors and residents

Increase access to fresh produce and healthy foods for all income levels

Address downtown Indiana’s “food desert” by creating an outlet for local food

Invest in our local economy by supporting local and regional food producers/growers

Create a mixed-use space for food education, meetings, and community empowerment

Bring more visitors to downtown Indiana by offering goods not easily accessible elsewhere

Strengthen our community by connecting people and organizations with our shared values regarding locally grown and produced food

Values

The Co-Op abides by the Seven Co-Op Principles as estab-lished by adopted by the International Cooperative Alliance in 1995:

1. Voluntary Open Membership 2. Democratic Member Control 3. Member’s Economic Participation 4. Autonomy and Independence 5. Education, Training, and Information 6. Cooperation Among Cooperatives 7. Concern for Community

What The Food Co-op Is All About

1. Our top-selling item: Honey - Eden's Apiary

2. Coffee - Zeke's

3. Turkey - Canton's Turkey Farm

4. Eggs - Dorr Brother's Farm

5. Maple Syrup - Andy's Own

6. Soap - Savon du Jardin

7. Pork - Lone Valley Farm

8. Brown Sugar Bacon-Stauffers Country Market

9. Eggs - Wicked Chicken Farm

10. Eggs - Ducklehead Ranch

11. Beeswax Wrap - Blackberry & Sage Market

12. Milk - Vale Wood Farms

13. Wild Caught Salmon

14. Lamb - Grass fed - Burnhead Grazings

15. Rag Rugs - Kathy Tangren

16. Goat Cheese - Cherish Creamery Farms

17. Sweet Peppers - Smicksburg Produce Auction

18. Butter - Vale Wood Farms

19. Green Beans - Smicksburg Produce Auction

20. Apples

Top 20 Products *

* by total sale amount: 8/26/17-5/31/18

Page 3: Food o Op of Indiana PA 2017 2018 Year in Review€¦ · I. Purpose: The Food o-Op of Indiana PA (“the o-Op”) exists to enhance opportunities for marketing local farm-fresh and

Farm-to-table dinners were held at:

The Chevy Chase Community Center

IRMC Park

First Unitarian Universalist Church of Indiana PA

C O - O P A N N U A L R E P O R T P A G E 3

Building Community Through Farm-to Table-Dinners

The Food Co-op of Indiana PA Helps with Local Economy

The food co-op held three farm-to-table dinner fundraisers to support co-op opera-

tions. Over 120 attendees provided much-needed revenue for co-op, built community,

supported local farmers, and provided community service hours for students in the

IUP Academy of Culinary Arts.

Page 4: Food o Op of Indiana PA 2017 2018 Year in Review€¦ · I. Purpose: The Food o-Op of Indiana PA (“the o-Op”) exists to enhance opportunities for marketing local farm-fresh and

We are welcoming new members to the co-op. Membership gives you voting rights in the co-op, the opportunity to serve on the steering com-mittee, and discounts for upcoming events.

Regular membership: $25/year Sustaining/business/family membership: $50/year

Member benefits In 2017-2018, the co-op offered these benefits to members:

2% discount for regular members

3% discount for sustaining members

Discounts and comps totaling over $1,000 (2.7% of net sales)

Weight Loss and Healthy Eating Seminar, Jamie Boyer, – free for members

Yoga Demonstration, Ed Stancombe (Yoga Tree) – free for members

Special discounts, including a complimentary reusable shopping bag and half-priced t-shirts

Discounted event tickets

Free meal at our annual meeting

Voting privileges at our annual meting

Part ownership in the cooperative

1. Eric Barker

2. Barbara Barker

3. Candice Bolger

4. Julie Adcock

5. Deborah Biesel

6. Susan Boser

7. Liz Cook

8. Judy Holliday

9. Sylvia Kosalko

10. Karen Wilson

11. Ben Ford

12. Sherene Hess

13. Carolyn Trimarchi

14. Amanda Vatter

15. Swana Chepaitis

16. Marie Olson

17. Denise Dragich

18. Peter Broad

19. Todd Van Wieren

20. Andrea McGraw

21. Alvyn Berg

22. Cynthia Watta

23. Dreama Van Cise Watta

24. Tabitha Reefer

25. Carol Maderer

Support the Food Co-op and Become a Member

Top 25 Customers by Dollar Amount

P A G E 4 C O - O P A N N U A L R E P O R T

Help Us To Grow

Volunteer: staff the market, join a subcommittee, express interest in serving on the board

Join or renew membership

Page 5: Food o Op of Indiana PA 2017 2018 Year in Review€¦ · I. Purpose: The Food o-Op of Indiana PA (“the o-Op”) exists to enhance opportunities for marketing local farm-fresh and

SEDTF of Indiana County Receives EPA Grant

P A G E 5

The Sustainable Economic Development Taskforce of Indiana County is one of sixteen regions nationwide to received a

grant from the EPA to assist the Food Co-op in their efforts to provide healthy food options to individuals in Indiana Coun-

ty, as well as keep money spent on food within the county. The EPA will be providing educational workshops to guide the

SEDTF in building up the local economy through agriculture and giving direction to the Food Co-Op in terms of vendor rela-

tions.

The Student Association of Nutrition and Dietetics (SAND) of IUP have been an

outstanding partner and resource to the Food Co-op. The students volunteer

countless hours during the school year, and they are passionate about edu-

cating the community on healthy eating habits.

The goals of SAND are to:

Increase involvement in food and nutrition activities through educational and community experiences

Provide peer mentoring and tutoring

Serve as a liaison with the Academy of Nutrition and Dietetics

Educate the community with current food and nutrition information

Food Co-op Partners with

Student Association of Nutrition and Dietetics

Student Association of Nutrition

and Dietetics Awarded Outstanding Student Program

C O - O P A N N U A L R E P O R T

On April 24, 2018, the Student Association of Nutrition and Dietetics received the award for the 2018 Outstanding Stu-

dent Program, presented by the IUP Student Government Association.

SAND is the professional student organization for majors in the Department of Food and Nutrition. Professor Pao Ying Hsiao serves as the faculty adviser for the organization. Some of SAND’s outstanding accomplishments from the 2017-2018 academic year include:

Volunteered 12+ hours per week at the Food Co-Op of Indiana, PA--assisting customers, stocking shelves, updating social media pages, and helping at special events

Held a food drive for the food pantries of the Indiana County Community Action Program

Organized the 2nd Annual Crock Pot Cook-Off as part of National Nutrition Month and raised nearly $400 for the Food Co-Op

Hosted a nationally recognized nutrition professional who discussed “Foods, Not Fads” to conclude the March 2018 National Nutrition Month events

Page 6: Food o Op of Indiana PA 2017 2018 Year in Review€¦ · I. Purpose: The Food o-Op of Indiana PA (“the o-Op”) exists to enhance opportunities for marketing local farm-fresh and

Bylaws of the Food Co-op of Indiana PA

P A G E 6 C O - O P A N N U A L R E P O R T

I. Purpose: The Food Co-Op of Indiana PA (“the Co-Op”) exists to enhance opportunities for marketing local farm-fresh and

organic foods and products.

II. Definition: The Co-Op is a Non-Profit Cooperative under the laws of the Commonwealth of Pennsylvania.

III. Membership: Membership in the Co-Op is open to all members of the community.

A. Members are to pay dues on an annual basis.

B. Membership entitles the member to vote at all meetings of the corporation. Non-members may attend meetings

but may not vote or hold office.

IV. Administration: The Co-Op is administered by a Steering Committee which is elected at the annual meeting of the corpora-

tion.

A. Terms of office: The Steering Committee will consist of 9 members who serve three year terms, 3 of whom

are elected every year. Three of the Steering Committee members are intended to be vendors. (For the initial Com-

mittee, 3 will be elected to one year terms, 3 will be elected to two year terms and 3 to three year terms.)

B. Officers: Co-Op members and/or the Steering Committee will elect a Chair,Vice-Chair, Secretary, and Treasurer

from its membership, each to serve one-year terms. In the case of vacancies, duties can be performed by members or

Steering Committee members on a temporary basis.

In the absence or disability of the Chair or when so directed by the Chair, the Vice Chair may perform all the

duties of the Chair, and, when so acting, shall have all the powers of, and be subject to all the restrictions upon, the

Chair. The Vice Chair shall perform such other duties as may be assigned by the Board or the Chair.

C. Staff: The Steering Committee may hire a manager with the approval of the Steering Committee if warranted

by circumstances. The manager’s pay will be determined by the Steering Committee and be based on the circumstances

of the Co-Op at the time of hiring.

D. Committees: Either the Steering Committee or members at the Annual Meeting may form such committees as

deemed necessary for the functioning of the Co-Op. Voting membership on these committees is limited t o members

of the Co-Op, although they may seek involvement and expertise of outside consultants and individuals as need-

ed.

E. Removal from office: Any member of the Steering Committee who is absent from four meetings in a year or

three consecutive meetings shall be removed from office unless there are compelling mitigating circumstances or a

vote to retain the member by the Steering Committee. Electronic permission is permitted. The remaining time of that

position on the Steering Committee will be filled from the membership in a special election, which may be held

electronically.

A steering committee member may also be removed by a supermajority 2/3 vote of remaining steering committee

members (e.g., 6 of 8.)

Page 7: Food o Op of Indiana PA 2017 2018 Year in Review€¦ · I. Purpose: The Food o-Op of Indiana PA (“the o-Op”) exists to enhance opportunities for marketing local farm-fresh and

Bylaws of the Food Co-op of Indiana PA

P A G E 7 C O - O P A N N U A L R E P O R T

V. Meetings:

A. Annual meeting. The Food Co-Op of Indiana PA will hold at least one annual general membership meeting per year. At

that meeting the Steering Committee will be elected and select policies will be set for the following year. A quorum for

these meetings will be 10 percent of the total membership.

The Chair shall announce at the meeting of the Board the number of Steering Committee members to be elected at

the meeting and shall declare that the nominations of candidates for election as Steering Committee members are

open and shall call for nominations from the floor. Nominations may be made by any Director who is entitled to vote at

the meeting. Nominations must be seconded.

B. Other Meetings: Additional general membership meetings may be scheduled at the request of a majority of

the membership or at the recommendation of the Steering Committee. Proxy votes will be permitted. These

meetings shall be publicized with at least a 10 day notice in the local newspaper and by email.

C. Steering Committee: The Steering Committee shall meet at least once per quarter or more often, as needed, to

oversee the functioning of the Co-Op. A quorum for these meetings shall be a majority of the members of the

Steering Committee.

D. Other Committees: Committees of the Co-Op or of its Steering Committee will set their own schedule of meetings

as needed.

VI. Co-Operative Principles: The Co-Op will operate in accordance with the Seven Co-Op Principles as established by adopted

by the International Cooperative Alliance in 1995:

1. Voluntary Open Membership

2. Democratic Member Control

3. Member’s Economic Participation

4. Autonomy and Independence

5. Education, Training, and Information

6. Cooperation Among Cooperatives

7. Concern for Community

VI. Amendments: These bylaws may be amended at any regular or special meeting of the membership by a simple majority

vote.

VII. Dissolution: Should this corporation cease to function and the membership vote to disband, all assets of the Co-Op shall

be returned to dues-paid members, and/or distributed as a donation to the Indiana County Community Action Program

(ICCAP). Any donation would be approved by membership with a majority vote at a general membership meeting.

History: Original bylaws adopted by the membership of The Co-Op on July 15, 2017.

Page 8: Food o Op of Indiana PA 2017 2018 Year in Review€¦ · I. Purpose: The Food o-Op of Indiana PA (“the o-Op”) exists to enhance opportunities for marketing local farm-fresh and

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Page 9: Food o Op of Indiana PA 2017 2018 Year in Review€¦ · I. Purpose: The Food o-Op of Indiana PA (“the o-Op”) exists to enhance opportunities for marketing local farm-fresh and

Financials (continued)

P A G E 9 C O - O P A N N U A L R E P O R T

Food Co-Op of Indiana PA Balance Sheet

Assets June 30, 2018 Current Assets

Cash $2,636

Accounts receivable $1,811

Inventory $1,500

Prepaid expenses

Short-term investments

Total current assets $5,947

Fixed (Long-Term) Assets

Long-term investments

Property, plant, and equipment $800

(Less accumulated depreciation)

Intangible assets

Total fixed assets $800

Other Assets

Deferred income tax

Other

Total Other Assets $0.00

Total Assets $6,747

[42] Liabilities and Owner's Equity Current Liabilities

Accounts payable $4,674

Short-term loans

Income/sales taxes payable $500

Accrued salaries and wages

Unearned revenue

Current portion of long-term debt

Total current liabilities $5,174

Long-Term Liabilities

Long-term debt

Deferred income tax

Other

Total long-term liabilities $0.00

Total Liabilities $5,174

Owner's Equity $1,573

Common Financial Ratios Debt Ratio (Total Liabilities / Total Assets) 0.77

Current Ratio (Current Assets / Current Liabilities) 1.30

Page 10: Food o Op of Indiana PA 2017 2018 Year in Review€¦ · I. Purpose: The Food o-Op of Indiana PA (“the o-Op”) exists to enhance opportunities for marketing local farm-fresh and

Phase

Startup Staff Transition Marketry

Net revenue $36,361 $9,653 $1,958

Net Revenue from Product Sales $30,194 $9,023 $1,868

Total Expenses $3,938 $7,547 $3,098

Income from Continuing Operations $423 $2,106 -$1,140

Net Revenue from Product Sales $30,194 $9,023 $1,868

cost of goods sold $18,067 $4,601 $2,220

margin $12,127 $4,422 -$353

margin rate 40% 49% -19%

Financials (continued)

P A G E 1 0 C O - O P A N N U A L R E P O R T

Page 11: Food o Op of Indiana PA 2017 2018 Year in Review€¦ · I. Purpose: The Food o-Op of Indiana PA (“the o-Op”) exists to enhance opportunities for marketing local farm-fresh and

Tim and Juel’s Produce

Kistaco Farm Market

Leap’s Farm

Frankferd Farm

Lone Valley Farm

Mahoning Creek Farm

Fenton’s Meat

Ducklehead Ranch

Vale Wood Farm

Nap’s Cucina Mia

Chevy Chase Community

Center

W.H.O.L.E. Unity

Individuals:

Peter Broad

Mark Butler

Anthony Frazier

Kay and David Smith

Taylor Weizel

Christina Nicoll

Restaurants:

Spaghetti Benders

Nap’s Cucina Mia

Six Hands Bakery

Hoss’s & Chipotle

Coney Island

Businesses & Farms:

Individuals who have donat-

ed over $50 in cash or pro-

fessional services the first

year of market

operation:

Eric Barker

Susan Boser

Candice Bolger

Faye Bradwick

Donna Graham

Denise Dragich

Evergreen Conservancy

Mike Gais

Sean Howard

Don Lancaster

Carol Maderer

Rich Rinkus

Cindy Rogers

Many more

Donors & Supporters

P A G E 1 1 C O - O P A N N U A L R E P O R T

Steering Committee

Members as of June 30 Eric Barker, Chair

Melinda McIsaac, CEC, Vice Chair

Peter Broad, Secretary

Susan Boser, Treasurer

David Brady, Denise Dragich

Carol Maderer, Quintina Thomas

Thank you to the following individuals who served on the steering committee through-out the past year: Rich Rinkus, Laura Thom-as, Quintina Thomas, and Carrie Miller. And to our staff: Candice Bolger, Lindsey Don-nell, and Cynthia Watta.

Vendors

3 Ponds Farm

Abeille Beaute Honey

Albert's Organics

Any's Own Maple Syrup

Blackberry & Sage Market

Bless the Children

Brady Barefoot Productions

Center for Community Growth

Cherish Creamery

Cindi Kordell

Colleen Wakefield

Cui Ceramics

Cultures

Dorr Farm

Ducklehead Ranch

Eden Apiary, LLC

Eric Barker

Evergreen Conservancy

Frankferd Food Farms

Gianna's Spa

Goril Farm

Helman's

Hillside Orchards

Jacob Watta Farm

Jordan Banana

Kathy T Rugs

Kay Smith Farm

Li'l Luxurious

Liz Cook

Lone Valley Farm

Market Street Pastries

Michael Bennett

Natural Home Cleaning

Pennie Christie

Plant-it Earth Karen

Potions and Prose by Cindi

Raeleigh Smith

Savon du Jardin

Six Hand Bakery

Smicksburg Produce

Stauffer's Country Store

Sue Lemmon Beads on a Wire

Sunrise Farm

Susan Nutter

Tim & Jewls Produce

Vale Wood Farms

Wicked Chicken Farm

Zeke's Coffee