Phoenix Earth Food Co-op (PEFC)
Minutes, Board Meeting 9/23/20
Location: Teleconferencing CISCO WEBEX
Present: Thomas Fine, Hermann von Grafenstein, Anita Levin, Sean Fitzgerald (General Manager), Sándor Halász, Leah Foley, Claudia Cooper, Alyx Kendzierski, Saraah Haynes (guest from OWE Association), Shelly Boraby
Absent: Maureen Ciesinski, Adrienne Armstrong
MSC—Moved Seconded and Carried Unanimously
Resolutions are numbered R1–2
The meeting began at 6:35pm.
- Approval of minutes
The minutes of 8/23/20 were approved as circulated.
R1 MSC
- General Manager's report
Report for this meeting reviewed/discussed as circulated.
- Finance Report
Tom Fine and Leah presented a financial review for August 2020. Compared to August 2020 and August 2019 there is improvement. Sales increased about 25%. But payroll also increased about 48% with hazard pay and an extra pay period this year. Net income increased $17,000 over last year partially due to a one-time payment from NCG co:op association. We will need to watch our finances over the next year, but our cash position at end of summer.
- Outreach—No report
- COVID Preparedness—No changes.
- PPP Loan has been completely spent. Filing for
forgiveness of loan
- POS System—Sean (GM) reported that he obtained a used, refurbished POS system from Great Lakes Coop. The software and upkeep will cost about $120 per month.
- Real-Estate Issue
Diocese no longer interested in the Coop as a tenant due to our financial position in regard to improvements of the building. Discussed researching other possibilities. MSC to form ad-hoc Committee. Committee formed of Anita, Hermann, Sándor, Sean, Shelly, Hal and Leah. Hermann will respond to Diocese.
- Annual Meeting
Will be held virtually Sunday October 25, 202 at 4 PM
- New Business No new business
Review of past and future action items
New Items: Hermann—respond to Diocese
Hermann—Put call out for Committee members
Sean—Put sign up for date of Annual Meeting
Sandor—Change date of Annual Meeting on website
See Addendum
- Adjournment: Motion to adjourn. The meeting was adjourned at 8 PM. R2, MSC
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Respectfully submitted, Anita Levin Secretary