Everyone Welcome

Open 8:00 am to 8:00 pm daily

Community Owned

Since 1973

 

 
 
 

Governance

Our Board

The Co-op is governed by a nine person board of directors who are elected by, and from, the Ownership. The Board acts on behalf of the cooperative, assuming its legal responsibilities. Its primary responsibility is fiduciary —to protect the assets of the Co-op and its Owners.

Individual Directors do not direct the operation of the store, supervise staff members, or speak for the cooperative as a whole, except when the Board has authorized an Owner as spokesperson. They exercise authority only as a group.

The Board meets on the second Wednesday of each month at 6pm in the Co-op Community Room. All owners and customers are encouraged and welcome to attend. [ VIEW MEETING AGENDAS ]

Meet Our Board

 Contact the Board (PDF)

Become a Board member

Directors are elected for three-year terms each Spring at the Co-op’s Annual Meeting. Potential director candidates are encouraged to show their interest at any time throughout the year by attending a meeting and/or contacting any of the current board members. Prospective board members are expected to attend at least one board meeting and to complete the required paperwork before being accepted as a candidate.

Board directorship is an excellent way to become involved in a dynamic and effective process that is helping to support a successful cooperative venture. Board members contribute an average of ten to twelve hours per month.

The Board meets monthly in the Community Room upstairs at the Co-op. Meeting agendas are posted on the bulletin board in the store near the Bulk Foods department and meeting minutes are in a binder at the check out.

Management

The operation of the business is the role of the General Manager, who the Board is responsible for hiring, supervising, and evaluating. The General Manager is in turn responsible for hiring, supervising, and evaluating the Staff.

Governance Documents

The relationship between the Owners, the Board of Directors, the General Manager, and the Staff, and who and what defines and governs each of these entities, is decided cooperatively and articulated in the following documents.

VIEW OUR GOVERNANCE DOCUMENTS ]

Articles of Incorporation

An Articles of Incorporation document must be filed with a state in order to incorporate as a business. This document includes the name and address of the Co-op, its general purpose and powers, the number and type of shares of stock to be issued, ownership rights and responsibilities, how earnings are distributed, what constitutes the board of directors, and the process for dissolution of the Co-op. Any amendments to this document must be approved by the Ownership.

Bylaws

The Bylaws are the rules and regulations adopted by the Co-op Ownership for its internal governance, in accordance with the Articles of Incorporation. Bylaws define terms used by the organization and contains provisions relating to ownership, owners’ meetings, directors, officers, indemnification, patronage and patronage refunds. The Bylaws address some of the same topics as the Articles of Incorporation but in more detail. They were adopted at the Co-op initial meeting. The Bylaws may be amended by an affirmative vote of a majority of those Owners who vote on the amendment.

Board Governance Policies

The Board of Directors creates its own set of rules and regulations to govern its activities, in accordance with the Co-op Articles of Incorporation and Bylaws. The Co-op Board uses the Policy Governance® system developed by John Carver. The system involves creating a dynamic set of written policies addressing four main areas: Ends, General Manager Performance, Board Self–Evaluation, and Governance Process. The Board reviews, monitors, and reports on these policies monthly.

Policy Governance

Policy Governance®, an integrated board leadership paradigm created by Dr. John Carver, is a ground breaking model of governance designed to empower boards of directors to fulfill their obligation of accountability for the organizations they govern.

As a generic system, it is applicable to the governing body of any enterprise. The model enables the board to focus on the larger issues, to delegate with clarity, to control management’s job without meddling, to rigorously evaluate the accomplishment of the organization; to truly lead its organization. For more information visit: www.carvergovernance.com

Management Policies

The Management creates its own set of rules and regulations to govern the operation of the business, in accordance with the Board policies, such as the Co-op Personnel Policy and Donations Policy.

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906.482.2030

 

1035 Ethel Avenue
Hancock, MI 49930

906.482.2030 tel
906.482.7845 fax

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