South Philly Food Co-op Spring Community Forum Presentation


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This is the presentation from the South Philly Food Co-op Community Forum on March 21, 2011.

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South Philly Food Co-op Spring Community Forum Presentation

  1. 1. March 21, 2011 Welcome!
  2. 2. Agenda <ul><ul><li>Who are we? </li></ul></ul><ul><ul><li>What is a co-op? </li></ul></ul><ul><ul><li>What have we done so far? </li></ul></ul><ul><ul><li>Membership Structure </li></ul></ul><ul><ul><li>Next Steps </li></ul></ul><ul><ul><li>Volunteer Opportunities </li></ul></ul><ul><ul><li>Q&A </li></ul></ul><ul><ul><li>Breakout groups </li></ul></ul>
  3. 3. What is a co-op?
  4. 4. What is a co-op? <ul><ul><li>A co-op is a business that is owned by its members, workers, or producers. </li></ul></ul><ul><ul><li>It is democratically controlled. Each member-owner gets one vote. </li></ul></ul><ul><ul><li>The business model of a co-op can take many forms but is ultimately defined by the needs of the community. </li></ul></ul><ul><ul><li>There are about 5,000 active food co-ops in America, serving about three million people. </li></ul></ul>
  5. 5. Co-op vs. buying club Member-owner of Co-op Subscriber to Corporate Club Membership Own an equity stake in a business in your community Recurring annual fees Participation Have a say in how business is run No participation Outcome Your money stays in your community Your money goes to public shareholders
  6. 6. A little history… 917 Federal Street
  7. 7. Some leading Consumer Co-ops Largest Consumer Co-op in the US Largest  Consumer Food Co-op in the US Largest Consumer Co-op in the World
  8. 8. What has the South Philly Food Co-op done so far?
  9. 9. <ul><ul><li>Gather background (self-educate)   </li></ul></ul><ul><ul><li>Organize Steering Committee  </li></ul></ul><ul><ul><li>Research community interest  </li></ul></ul><ul><ul><li>Review findings/vote to incorporate - IN PROCESS </li></ul></ul><ul><ul><li>Recruit community - IN PROCESS </li></ul></ul><ul><ul><li>Planning and Financing - IN PROCESS </li></ul></ul>
  10. 10. Our Current Committees <ul><ul><li>Steering </li></ul></ul><ul><ul><li>Outreach </li></ul></ul><ul><ul><li>Legal/Finance </li></ul></ul>
  11. 11. Survey Results
  12. 12. Researching Community Interest <ul><li>Survey results as of March 18, 2011 </li></ul><ul><ul><li>448 completed online </li></ul></ul><ul><ul><li>412 completed on paper </li></ul></ul><ul><ul><li>Total = 860 </li></ul></ul>
  13. 13. 1 – Not at all interested 7 – Very interested
  14. 14. Membership Structure
  15. 15. Why Should I Become a Member-Owner of the Co-op? <ul><ul><li>Membership = We own it, this is our business </li></ul></ul><ul><ul><li>Knowing where your food comes from </li></ul></ul><ul><ul><li>Member-owner equity </li></ul></ul><ul><ul><ul><li>Without the equity from the owners, we can’t open the doors! </li></ul></ul></ul>
  16. 16. Being A Member-Owner <ul><ul><li>Equity contribution = $200 </li></ul></ul><ul><ul><ul><li>An investment in the business </li></ul></ul></ul><ul><ul><ul><li>Returned to you if you choose to no longer be a member </li></ul></ul></ul><ul><ul><ul><li>Payment plan will be available </li></ul></ul></ul><ul><ul><ul><li>NOT tax-deductible </li></ul></ul></ul><ul><ul><li>Community volunteer hours = 8 hours per year per member -owner household </li></ul></ul><ul><ul><li>Volunteering is not just working in the store </li></ul></ul><ul><ul><li>A membership can represent a household unit, but will only receive one vote per member-owner household </li></ul></ul>
  17. 17. Member-Owner Benefits <ul><ul><li>Can run for the board of directors </li></ul></ul><ul><ul><li>Each member-household receives one vote </li></ul></ul><ul><ul><li>Ability to petition for policy changes </li></ul></ul><ul><ul><li>Member-only specials and sales </li></ul></ul><ul><ul><li>Discounts/specials on services and products from local business partners </li></ul></ul><ul><ul><li>Community involvement and connections </li></ul></ul>
  18. 18. What are the next steps?
  19. 19. Moving Forward <ul><ul><li>Incorporation </li></ul></ul><ul><ul><li>Membership equity drive (Summer 2011) </li></ul></ul><ul><ul><li>2 nd Community Survey </li></ul></ul><ul><ul><li>Continued fundraising </li></ul></ul><ul><ul><li>Market analysis (6-12 months) </li></ul></ul><ul><ul><li>Secure Financing - MID 2012 </li></ul></ul><ul><ul><li>Open the Doors - LATE 2012/EARLY 2013 </li></ul></ul>
  20. 20. VOLUNTEERING: We need your help to make this a reality!
  21. 21. What skills/experiences can you offer? <ul><li>Do you like …. </li></ul><ul><ul><li>Writing or blogging </li></ul></ul><ul><ul><li>Hosting parties or events </li></ul></ul><ul><ul><li>Cooking or baking </li></ul></ul><ul><ul><li>Talking to people/meeting your neighbors </li></ul></ul><ul><li>Do you have experience in ... </li></ul><ul><ul><li>Community organizing </li></ul></ul><ul><ul><li>Fundraising </li></ul></ul><ul><ul><li>Grant writing </li></ul></ul><ul><ul><li>IT/Programming </li></ul></ul><ul><ul><li>Graphic design, drawing, painting </li></ul></ul><ul><ul><li>Volunteer training </li></ul></ul>
  22. 22. What skills/experiences can you offer? <ul><li>Are you …. </li></ul><ul><ul><li>Willing to lead an educational talk or book discussion? </li></ul></ul><ul><ul><li>A local business owner/manager and want to partner with us? </li></ul></ul><ul><ul><li>A performer who can put on a show as a fundraiser? </li></ul></ul><ul><ul><li>A professional chef/cook/baker? </li></ul></ul><ul><li>Are you connected to …. </li></ul><ul><ul><li>City officials? </li></ul></ul><ul><ul><li>Food-centric community organizations? </li></ul></ul><ul><ul><li>Potential food suppliers? </li></ul></ul><ul><ul><li>Sources of technology that you can donate? </li></ul></ul>
  23. 23. Meet Your Community Breakout sessions post Q&A Fill out a survey Sign up to volunteer
  24. 24. Questions?