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 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)
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
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.
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
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
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.)
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.
Fin
anci
als
In
com
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nu
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ay
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$
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$
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6.
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th
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%
65
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%
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
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
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