This webinar clarified the essential elements of converting an independent grocery into a member-owned food co-op. It would be great to have an in depth guide for converting a not-for-profit community market (C-Corp) into a 501 C (3) member-owned/worker-run (hybrid) food co-op. Since our store is already up and running (since 1976), it looks like we will need a fiscal sponsor (temporarily) to make the legal transition while the application and revised by-laws are filed and approved. Perhaps an abbreviated feasibility study is needed because we are already functioning (49 years of history) and are aligned in practice and values. Community ownership seems critical to longevity and succession planning.
@FoodCoopInitiative3 ай бұрын
Morgan, thank you for sharing your thoughts with us! This is only the second time we've heard of a 501c3 grocery store that was interested in converting to a food co-op so it wasn't on our radar, but you are the second person involved with a 501c3 grocery to mention it to us this summer, so we've made a note to keep an eye on this. Wish we had the funding to do all of the instructional guides and videos the startup food co-op movement needs asap, but we've definitely added it to our "requests" list!
@MorganMeadows-xw6ow3 ай бұрын
@@FoodCoopInitiative Our store is a C-Corp not-for-profit rather than a 501 (c) 3. It started out as an all-volunteer food buying club in the early 1970s and gradually incorporated into its current form. To clarify: C-Corp not-for-profits are legally bound to turn all profit back into the business and contribute to other local businesses, especially those serving under-served persons and marginalized groups. That being said, any donations we might receive are unable to be claimed as a taxable donation by the individuals providing the donation. After careful research, I have since learned that California prohibits independent retail grocery stores and food co-ops from becoming a 501 (c) 3 nonprofit. Collectives and housing co-ops can generally be permitted to form as a 501 (c) 3 nonprofit, but not a food retailer. However, converting to a member-owned and worker-run food co-op, out of an already established independent retail natural foods grocery store, looks to be similar to the usual conversion process --- except the feasibility study would be greatly simplified since it is already operating successfully. There is no sale of the business involved (as a C-Corp) but would likely require a specific legal protocol to become an entity "owned" by its members. Any advice or counsel out there?
@elizabethabunaw93835 ай бұрын
This video is gold for any small independent grocer. Thank you for sharing this post mortem.
@bradsheridan25629 ай бұрын
I have been thoroughly enjoying all of these videos. Thank you to everyone who's been putting these together over the years!
@FoodCoopInitiative3 ай бұрын
We are so glad you are finding them useful and enjoyable!
@CREDirect11 ай бұрын
Fantastic presentation!! Thank you!
@FoodCoopInitiative3 ай бұрын
The Fertile Ground and HRA team did a terrific job sharing their innovative work together, we agree!
@andrewbrown3410 Жыл бұрын
Thank you for this content.
@bigbadsingledad Жыл бұрын
Fast forward 13 years. The cost of living is ridiculous. This is great.
@shysasquatch9609 Жыл бұрын
I worked at this coop for two years. Very interesting to see this video now after going through all this. A lot of disagreements and also agreements with what has been said. Hope Fargo can get this great coop back one day.
@FoodCoopInitiative Жыл бұрын
@ShySasquath - thank you for watching this video and for your comment as a former employee. We have removed your second comment because it made a public accusation about an individual who is not connected to this video.
@hectortejada1000 Жыл бұрын
I personally find it ridiculous that someone will invest in becoming a member of something that will take 4, 5 or more years to actually serve you.., I wonder how many people become a member of this coop models and die in the waiting for the store to open time., it should be a progressive evolutionary process., a cooperative can envision a full grocery store., but can get started with a CSA or a farmer market, i and a farmer who has started both, CSAs and farmers markets over the last 20 plus years.., it doesn’t take much to get food to people who need it
@FoodCoopInitiative Жыл бұрын
Hector, thanks for taking the time to post your thoughts. It is absolutely a long time to wait, and it's what it takes so far to open a full grocery store. There are over 150 startup food co-ops that have opened over the last 15 years across the US with it taking them on average 5-7 years to open, and over 75% of them are still open and thriving. What you describe as the evolutionary process is part of the startup process for many startup food co-ops, with many opening farmers markets, local food pop up markets, or something related at some point in their process to opening a full grocery store - so yes, that's doable in many cases and part of the process! And if a co-op wants to focus on offering just a farmer's market or a CSA for now, they can choose to do that as well. The impacts can be more immediate if it works, they also are far more limited in scope than the impacts of a retail co-op grocery store, but can be powerful in their own way for sure.
@chefcassandra Жыл бұрын
1. I can't believe all this information is free--I am very grateful! 2. Are their peer groups for people in stage one? We are just begining but it would be great to make some friends along the way. Thanks again! I missed this session during the live and it was great info on financials!
@FoodCoopInitiative Жыл бұрын
1. You are very welcome! 2. there usually are, but we had only a couple stage one groups want a peer group this year and it just didn't gel, which happens some years. That said, we'd be happy to add you to a stage 2a peer group to listen in if you'd like and see if it's a fit? Email JQ on our team at [email protected] if you'd like to discuss the possibilities!
@CREDirect Жыл бұрын
Fantastic discussion!! Thank you all for the insight.
@bradsheridan2562 Жыл бұрын
Thanks everyone, great session!
@chefcassandra Жыл бұрын
Is stage 2 the only phase that is broken into a and b?
@FoodCoopInitiative Жыл бұрын
Yes, it's confusing, we know. 😄 When the stages were first mapped out they thought it was three stages, then quickly learned there were actually four distinct stages, so stage 2 was cut into 2A and 2B. While you'll see some mention of stage 3 having subsections, we no longer utilize those as we feel they all fit logically into one stage. Hope this helps!
@chefcassandra Жыл бұрын
@@FoodCoopInitiative thank you! 🙏🏾
@chefcassandra Жыл бұрын
Thank you so much JQ! One of my co-operators is a business developer and suggested we open this summer (!) and I had a hard time explaining the timeline. We watched the video and read through the start up pdf TogetherS Now we are all on the same page ❤❤❤❤
@FoodCoopInitiative Жыл бұрын
That is music to our ears! While we'd love to see startups open faster, the reality of those startup food co-ops that have been successful is that it takes 3 years bare minimum, 5-7 years average, and some have been wildly successful that actually took 10 years. Thank you for learning and work you are doing on behalf of your community!
@peggyharp4863 Жыл бұрын
Thank you so much! Love! Abundant Love!
@chefcassandra Жыл бұрын
Yes!!! You even got the recordings out early! FCI is amazing
@FoodCoopInitiative Жыл бұрын
This one is from the Sept 2022 series, but we do have up the Winter 2023 playlist with all but one of the videos posted today! An email updating everyone where to find them is coming tomorrow mid-day. Thank you again for being a part of the learning with us. <3
@chefcassandra Жыл бұрын
@@FoodCoopInitiative Thank you so much. FCI LIVE was so informative and fun.
@cultivatecommunityfoodcoop7798 Жыл бұрын
Thank you Rachel for this session. It is very helpful. We plan on doing this in Feb. 2023 after our Jan. retreat. I think phone banking will help revive interest in our owners post-pandemic.
@CREDirect2 жыл бұрын
Fantastic zoom call. Real estate is the common denominator for all food coops and it’s great to hear the wins and loses of site selection. There should be another zoom discussion on how sites are negotiated both for purchase or for lease.
@FoodCoopInitiative3 ай бұрын
Great idea! We don't have the real estate expertise on our team to lead such a call, but we have a qualified presenter with deep experience in retail real estate and food co-ops who will be doing a broad presentation on choosing a site and the basics of the site negotiation process at the Up & Coming 2024 Startup Food Co-op Conference in Kalamazoo, MI on September 13th and 14th. I will add it to our list to see if he'd be willing to turn that presentation into an FCI Live video in the future!
@ronniemeyer68122 жыл бұрын
þrðmð§m 😚
@lydiafrancis44222 жыл бұрын
Thank you, Jillian!
@lydiafrancis44222 жыл бұрын
Thank you, Chris!!
@janicerigsbee41292 жыл бұрын
We need this in Tulsa ok
@cynthiajohnson62373 жыл бұрын
Ohhhh, I am so sorry to hear this. What a great effort, thank you to all those who participated in this. Thank you for sharing your insights of this project.
@ROOTZpromo3 жыл бұрын
I always appreciate knowledge Amaha shares. Thanks.
@nmoko61234 жыл бұрын
Great vid. Thank you
@rodfowler39684 жыл бұрын
Nice one!!! You have a new subscriber! Go and check out smzeus . c o m. It will help you get your videos into the suggested feed and rank better in the search.
@bonnienfca19234 жыл бұрын
This is one of the best co-op/community organizing videos ever. Sohnie & Ed are incredible humans and powerful community organizers. Thank you for all the wisdom you shared, and thanks for organizing this, FCI!
@mydialectics43354 жыл бұрын
A dream
@ROOTZpromo4 жыл бұрын
Congratulations! and Happy 1st Anniversary Urban Greens!!!!
@BeArtSmart4 жыл бұрын
Food co-op heroism happening right here! THIS is the message that is VITAL right now! So informative and important right now! How brilliant! Thank you for this! THIS is news! This is what Co-ops do! Co-ops as first responders to the food movement... we go in when others run away.
@davestonecliffe22344 жыл бұрын
5 years and waiting in Barre VT - all we get is bla bla bla
@FoodCoopInitiative Жыл бұрын
It takes a lot of work and an entire community pitching in for multiple years to make it a success and that sure can feel frustrating in a world where there are so many changes needed and that we want to make manifest, we hear you. Not every community that begins to organize a food co-op will make it to opening a store, but the majority do . . . eventually. ;)
@michaelgorman97524 жыл бұрын
❤️
@FirebrandMelanie4 жыл бұрын
Love this!!
@aimeethomson78065 жыл бұрын
Moseley
@aimeethomson78065 жыл бұрын
...whoops
@carolrauschenberger6105 жыл бұрын
Thanks! Much needed.
@JQtoyou5 жыл бұрын
We're so glad it's helpful, thank you for letting us know, Carol!
@christinebaker32935 жыл бұрын
I wish there was something for the abandoned rural areas. The small towns that have been subjected to Agenda 21, with NO produce or fruit at all. The Family Dollar is HUGE into the Genocide, and of course so is our government, with Trump leading the extermination of the masses. Not that the Democrats are any better, wholly owned by Monsanto and Wall Street.
@BeArtSmart7 жыл бұрын
Long Beach Grocery Coop appreciates this sooooo much! Thanks Jacqueline!
@JQtoyou5 жыл бұрын
You are very welcome, Michelle, we love supporting the powerful work you are doing in your community!
@danielgustavoparedes7 жыл бұрын
This is a great snippet
@Fleabee697 жыл бұрын
Fabulous, Jacqueline!! Thanks so much for this super fun and helpful tool! You rock!!
@jqhannah24917 жыл бұрын
Thank you for the feedback, Felicia!
@andreawilmot40068 жыл бұрын
This was very informative especially for people who don't know what a co-op is.
@jamescc20109 жыл бұрын
Can all 1000K+ members vote on new decisions, or just the board members?
@stuartreid15429 жыл бұрын
James Chuaycham Board members, elected by all owners, represent the owners and are responsible for the success of the co-op. They usually hire a GM, delegate responsibility for store operations to the GM and set policies to guide her/him. The bylaws adopted by the co-op will define how owners can bring issues to a vote and if owner approval is required for major decisions (typically for dissolution, for example.)
@jamescc20109 жыл бұрын
Thank you
@robinhoodstfrancis9 жыл бұрын
Nice job. Former long-time member at Park Slope, NYC, and even got my masters getting into the co-op biz model. Denmark invented wind turbines with artisans after anti-nuke protests, and then it was wind co-ops there that were mostly buying the turbines for years. Come to think of it, a few other co-ops in addition to mine were/are 100% RE. Besides local and quality organic agro, there are diverse benefits for the community, and beyond. Way to go!
@agialketsis9 жыл бұрын
Multi-stakeholder webinar: Is there one or can we get one please? [email protected]