Board of Directors
Meeting Minutes
Wednesday, August 23, 2023
EFC Community Room, 1341 W. 26th
Shari Gross called the meeting to order at 5:39pm.
Attending: President - Shari Gross, Vice President - Kevin Schaaf, Treasurer - Derek Golembeski, Secretary - Liz Bugbee (attending via Zoom); Directors: Amanda Gates, Chauncey Dumbya Brown (attending via Zoom), Sarah Parker
Staff Personnel: Chief Executive Officer/General Manager - LeAnna Nieratko; Marketing Manager - Heidi Yeagle
Guests: No guests in attendance.
Member Owner Comments: No comments at this time.
Review of Last Month’s Minutes; Liz Bugbee
Motion was made by Sarah Parker to accept the minutes as written. Kevin Schaaf seconded. Motion passed.
Treasurer's Report: Derek Golembeski
Derek reported 22 new full members and 1 request for refund (member moving). CEO/GM Reporting: LeAnna Nieratko
CEO/GM Report: LeAnna presented and reviewed the July report. Sales continue to be great with EFC as a whole up 4%. LeAnna will meet with the accountants to finalize the year end reports. GU Gold is now an accepted form of payment Downtown- shout out to Heidi for getting this up and running! There have been a lot of positive comments about the new member benefits and a new customer service survey is coming that will bring lots of good data from shoppers. Tops held an auction and EFC was the winner of numerous items at rock bottom prices.
B5 - Treatment of Customers: LeAnna reported evidence of compliance with all parts of the policy.
Motion was made by Derek Golembeski to accept the CEO/GM report and policy review. Amanda Gates seconded. Motion passed.
**Board Policy Evaluation: Shari Gross**
D5 - CEO/GM Treatment: All Board Members in attendance reported compliance with all sections of the policy. A new form for policy review was utilized this month allowing members to comment and or provide evidence of compliance on each policy section.
Motion was made by Shari Gross to accept the policy review. Liz Bugbee seconded. Motion passed.
Board Learning:
Shari noted that Columinate has started in-person CBLD classes. We will keep an eye on any nearby classes in the future and look to send Board members.
New Business:
Board Retreat: Board retreat will be in the afternoon on October 28th, location TBD. Nominating Committee Report: There are currently 3 applicants for 3 open positions. Member Linkage Committee Report: no report at this time
Member Spotlight: The Board discussed taking time at the annual meeting to recognize one Co-op member who is an exemplary cooperator. The Member Linkage Committee will work on this item.
Cooperating Committee Report: The committee requested the RFP from LeAnna. Once received the committee will work on CEO/GM evaluation and compensation. Plan for an executive session at the September meeting regarding this matter.
Closure: Next board meeting is September 27, 2023 at 5:30pm.
Motion was made by Derek Golembeski to adjourn the meeting. Amanda Gates seconded. Meeting adjourned at 7:09PM.