category Board of Directors

2016 Board Meeting Minutes

 

 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.

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Black Star Co-op Financial Condition FAQ

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:

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