category Membership

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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Community Support: Meals on Wheels Central Texas

Attention, community-minded members! Each year, our member-owners select organizations for the Co-op to support. This November, we’ll support Meals on Wheels Central Texas. Meals on Wheels Central Texas supports homebound adults and people with disabilities through programs that promote independent living. Some of these programs include meal delivery, grocery shopping assistance, in-home care, home repair, and pet care. They currently provide services to nearly 5,000 people in the Austin community. 

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Community Support: House That Beer Built

Each year, our member-owners select organizations for the Co-op to support. One of the organizations selected for support is Austin Habitat for Humanity. We’re lucky enough to participate in another House That Beer Built. In 2014, Black Star Co-op participated in fundraising and volunteering to build a house for the Huerta family. This year, the House That Beer Built will raise walls for the Kattass family. 

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