2020 Board Elections
Have you ever considered running for the FBFC board of directors?
French Broad Food co-op (FBFC) is owned by more than 2000 owners, governed by a board of directors, and operated by a paid staff. Owners have always been the backbone of the co-op, supporting it financially and participating in governance. As a cooperative, we are committed to being responsive to our owners and shoppers. This can best be accomplished when the board reflects the wide diversity and interests of our owners.
Board of directors elections are held each year at the Annual Meeting and party.
The FBFC board has three primary duties:
- To ensure sound management of the co-op.
- To act as trustees on behalf of the membership.
- To set long-range goals and plan for the future.
To fulfill these responsibilities, the board of directors focuses on four key areas:
- Hiring and evaluating the GM
- Financial oversight
- Strategic planning
- Recruitment of replacement director
- Members are encouraged to attend monthly board meetings on the third Thursday of each month at 5:30 p.m., upstairs from the store in the Movement and Learning Center.
Serving on the board is a responsibility and an opportunity open to all FBFC owners. Within the cooperative structure, FBFC owners, management, and the board each have their own particular duties to perform.
What are the qualifications to be a board candidate?
- A current ownership in the applicant’s name.
- Complete the prospective board member application.
- Frequent, reliable access to phone and e-mail.
- Be 21 years of age or old.
What commitment is required?
- Ability to represent the membership as a whole.
- A solid three year term to serve on the FBFC board of directors.
- Attend monthly meetings (the third Thursday of each month at 5:30 p.m. to 8 p.m. upstairs from the store in the Movement and Learning Center beginning in August of the year applicant is elected.
- Familiarity with and adherence to FBFC’s bylaws and board policies (training provided).
- Read and study co-op bylaws, policies, articles of incorporation, industry articles, information on the governance model, and other co-op related material.
- Serve on and possibly chair a BOD committee.
- Work cooperatively with other BOD members to monitor, evaluate, and consult with the General Manager within the decision-making process of the board.
- Uphold the duty of loyalty by disclosing potential conflicts of interest, not competing with the cooperative, and honoring confidentiality.
- Preparation for and attendance at all monthly board meetings and respond to emails between meetings.
- Attendance at board training sessions (1-2 weekends annually) as well as workdays, educational seminars, special events, and occasional extra meetings in special or emergency situations.
- Attend the Annual Meeting for owners (usually in May/June).
- Ability to actively and regularly participate via email.
- Active participation in the board meetings, committee work, owner engagement and recruitment events, as well as training sessions.
- Ability to understand financial statements (training provided).
- A genuine interest in cooperative issues and our community.
- Willingness to take responsibility for board duties and work together with understanding, mutual support, and respect to make decisions that will enhance the viability of FBCFC.
- Ability and willingness to keep information and materials confidential.
Is compensation offered?
Directors receive a 20% discount in the store during their active term.
Important to know while on the board…
Directors who serve on our board are the legal stewards of the co-op. They are owners of FBFC who are elected by the other owners to act on their behalf to fulfill the obligations that come with owning a business.
The board provides leadership, vision and guidance for our cooperative—ensuring that the needs of the owners are met. The board is primarily responsible for protecting co-op assets for the owners (fiduciary responsibility). Directors are expected to act in good faith and in the best interests of the cooperative as a whole. The board is also obliged to respond to changes in the co-op’s economic environment, the ownership base, and the financial status. Co-op policies may change throughout your term.
Have questions or interest in serving on the FBFC board of directors?
Attend a board meeting, or contact the board at firstname.lastname@example.org.
Our Vision Statement
Our vision at the FBFC is to be a transformative force in our community and in our work, and to serve as a model of a sustainable business alternative that nurtures social and economic well-being in an environmentally sensitive manner.
FBFC Mission Statement
- The FBFC is dedicated to serving our owners and the Western North Carolina community by providing high quality natural foods and personal care products through a mutually beneficial exchange.
- We support consumption of healthful and organic foods, grown or produced locally with ecological and social responsibility.
- We encourage informed choice and consumer empowerment, with an emphasis on education and customer assistance.
- We are committed to use profits to strengthen and improve the co-op community and to provide a livable wage to our employees.
- We pledge to maintain a pleasant environment that fosters goodwill, cooperation, and participation.