Hmmm... what to do with that tax refund?
This time of year is always a little stressful as we wait to see if a year's worth of earning, spending, and donating money will result in us owing a little bit more of it our federal, state and local governments or getting a tidy little refund for the interest-free loan we gave to Uncle Sam over the year. I gave up on doing my taxes long ago when my tax preparation software told me I owed $3.6 billion dollars. Perhaps I should have made more charitable donations.
If you're expecting a check or direct deposit from the U.S. Federal Government, consider fighting the temptation to blow it on $200 worth of Oreos (aka the fate of my 1998 refund) and instead use it toward your member equity. For current member-owners, this is a great way to get yourself all paid off and then not have to worry about it for the rest of your life.
For not-yet member-owners, let this be the sign from above that finally gets you to visit our easy-to-use online application so that you can be counted among our 250 Founding Members and get us to the point where we can start the process of looking for a location. Of course, you can join with an initial payment as low as $25 and then have until the end of 2013 to pay off the rest. But if you're sitting on a nice refund, why pay it all off now? I know the latest technological gadget is sitting on your other shoulder whispering for you to ignore the Co-op and instead spend it on him.
Don't listen to him! Join the Co-op today!
Besides, why spend this year's refund on an iPad 3 when you can just wait and use next year's on the iPad 4? And hopefully by this time next year, you'll be using it to keep track of our progress as we raise the capital for a our new location!
Hmmm... what to do with that tax refund?
This time of year is always a little stressful as we wait to see if a year's worth of earning, spending, and donating money will result in us owing a little bit more of it our federal, state and local governments or getting a tidy little refund for the interest-free loan we gave to Uncle Sam over the year. I gave up on doing my taxes long ago when my tax preparation software told me I owed $3.6 billion dollars. Perhaps I should have made more charitable donations.
If you're expecting a check or direct deposit from the U.S. Federal Government, consider fighting the temptation to blow it on $200 worth of Oreos (aka the fate of my 1998 refund) and instead use it toward your member equity. For current member-owners, this is a great way to get yourself all paid off and then not have to worry about it for the rest of your life.
For not-yet member-owners, let this be the sign from above that finally gets you to visit our easy-to-use online application so that you can be counted among our 250 Founding Members and get us to the point where we can start the process of looking for a location. Of course, you can join with an initial payment as low as $25 and then have until the end of 2013 to pay off the rest. But if you're sitting on a nice refund, why pay it all off now? I know the latest technological gadget is sitting on your other shoulder whispering for you to ignore the Co-op and instead spend it on him.
Don't listen to him! Join the Co-op today!
Besides, why spend this year's refund on an iPad 3 when you can just wait and use next year's on the iPad 4? And hopefully by this time next year, you'll be using it to keep track of our progress as we raise the capital for a our new location!
Check out our Events page which has many... Events on it
Our website is just full of all kinds of good information including a list of eventsthat the Co-op will either be hosting or participating in. In fact, coming up in the next few weeks we have:
- QOTA fundraiser at Paradiso, Wednesday, March 21 (TOMORROW!!!)
- Mushroom Log Workshop with Rich Meyers at Alison’s House, Sunday, April 1
- Join us at the Passyunk Gardens to celebrate our 2nd Anniversary with live music, raffles and an after-party at Devil’s Den, Saturday, April 28th
- LoMo Flea Market, Saturday, May 19
- General Membership Meeting at South Philadelphia Older Adult Center, Tuesday, May 22
Check out our Events page which has many... Events on it
Our website is just full of all kinds of good information including a list of eventsthat the Co-op will either be hosting or participating in. In fact, coming up in the next few weeks we have:
- QOTA fundraiser at Paradiso, Wednesday, March 21 (TOMORROW!!!)
- Mushroom Log Workshop with Rich Meyers at Alison’s House, Sunday, April 1
- Join us at the Passyunk Gardens to celebrate our 2nd Anniversary with live music, raffles and an after-party at Devil’s Den, Saturday, April 28th
- LoMo Flea Market, Saturday, May 19
- General Membership Meeting at South Philadelphia Older Adult Center, Tuesday, May 22
The Big Deal about Co-ops
Did you know that October is Co-op Month? It's a time to celebrate all kinds of cooperatively owned businesses, from producer-owned co-ops where the makers of the goods or providers of the services own the business to consumer-owned co-ops like the one we're trying to start in South Philly. By now you've heard plenty about why some of the folks who are working so hard to start the South Philly Food Co-op want to make this happen and in the coming months we hope to bring you some stories from people have become one of over a 100 members so far.
For a great perspective on why co-ops are important, check out this link that one of our board members, Stephanie Rupertus, shared yesterday. It comes from Alison Grey, the marketing coordinator for the Community Food Co-op in Bozeman, Montana (which seems like it must be an AWESOME place to live). Here's my favorite part:
tomorrow night TONIGHT, TONIGHT, TONIGHT at the Fall General Membership meeting. The meeting is open to member-owners and non-member-owners alike so if you're thinking about joining or just want to see what we're up to come on along. Member-owners will be exercising their rights to vote on by-laws and anyone can become a member-owner on the spot and participate.
Time and Location Details:
Monday, October 17th, 6:30 – 8:00pm
The Church of the Trinity
2300 S. 18th Street (on 18th Street between Wolf and Ritner).
The more I shopped here, the more I realized how different the cooperative business model really was. I had always figured it operated the same way as any other business: with one all knowing and dictating owner, some dutiful employees and unquestioning customers. It could not have been any different. I learned our co-op is equally owned and operated by all of its members, an economic democracy of sorts. I was literally voting with my fork, or spoon for that matter. And eating was fun, so I could rejoice in this cause. Since my days of operating lemonade stands and posting huge profit margins on my products (hey, I didn’t care about ripping off my customers), I had never considered business ownership as part of my future plans. Now, as a part-owner, I had an equal say in the co-op’s operations and future, and that felt good. No one was forcing me to participate, but when I had a problem or suggestion, someone here might actually listen to me. I had a choice about what I was purchasing and as a consumer, this was empowering.Oh... and lucky for them... they get to sell wine in their co-op. (Maybe some day, Pennsylvania!) Looking forward to seeing all of our member-owners
The Big Deal about Co-ops
Did you know that October is Co-op Month? It's a time to celebrate all kinds of cooperatively owned businesses, from producer-owned co-ops where the makers of the goods or providers of the services own the business to consumer-owned co-ops like the one we're trying to start in South Philly. By now you've heard plenty about why some of the folks who are working so hard to start the South Philly Food Co-op want to make this happen and in the coming months we hope to bring you some stories from people have become one of over a 100 members so far.
For a great perspective on why co-ops are important, check out this link that one of our board members, Stephanie Rupertus, shared yesterday. It comes from Alison Grey, the marketing coordinator for the Community Food Co-op in Bozeman, Montana (which seems like it must be an AWESOME place to live). Here's my favorite part:
tomorrow night TONIGHT, TONIGHT, TONIGHT at the Fall General Membership meeting. The meeting is open to member-owners and non-member-owners alike so if you're thinking about joining or just want to see what we're up to come on along. Member-owners will be exercising their rights to vote on by-laws and anyone can become a member-owner on the spot and participate.
Time and Location Details:
Monday, October 17th, 6:30 – 8:00pm
The Church of the Trinity
2300 S. 18th Street (on 18th Street between Wolf and Ritner).
The more I shopped here, the more I realized how different the cooperative business model really was. I had always figured it operated the same way as any other business: with one all knowing and dictating owner, some dutiful employees and unquestioning customers. It could not have been any different. I learned our co-op is equally owned and operated by all of its members, an economic democracy of sorts. I was literally voting with my fork, or spoon for that matter. And eating was fun, so I could rejoice in this cause. Since my days of operating lemonade stands and posting huge profit margins on my products (hey, I didn’t care about ripping off my customers), I had never considered business ownership as part of my future plans. Now, as a part-owner, I had an equal say in the co-op’s operations and future, and that felt good. No one was forcing me to participate, but when I had a problem or suggestion, someone here might actually listen to me. I had a choice about what I was purchasing and as a consumer, this was empowering.Oh... and lucky for them... they get to sell wine in their co-op. (Maybe some day, Pennsylvania!) Looking forward to seeing all of our member-owners
Message from the President: It's always a good time to become a member!
Almost exactly one month ago, I wrote about how important it was for us to reach 250 member-owner households. Admittedly, I was a little nervous when the immediate response was six "unsubscribes" from the email list. But a day or two later, the new member-owner applications and payments came rolling in. Since then nearly 20 people answered that call and helped boost us from 86 to the 104 member-owner households we have today. If we have any shot at achieving our near-term goal of 250 in 6 months (by the first day of Spring 2012), then we need you to become one of our 250 Founding Members. The full member equity amount is $200 (that's it... for life) and can be paid in small installments over the next 15 months.
Thank you to everyone who has already become a member and to our many wonderful committee members and volunteers. On behalf of the Board and our committees I also want to extend a special note of thanks to the The Energy Cooperative and everyone who mentioned the South Philly Food Co-op when they switched to locally produced, cooperatively owned, renewable energy. For the twenty-six referrals, The Energy Cooperative is donating $520 to us. That's as close to a win-win-win situation as you're going to get!
We're looking forward to seeing everyone at the member-owner meeting on the 17th. Remember, the sooner you become a member-owner, the sooner we can start the process of looking for a location! And if you need some inspiration as autumn marches on and days get shorter, check out the video below and remind yourself why you want a cooperatively owned grocery store in your neighborhood.
Sincerely,
Alison L. Fritz
President, Board of Directors, South Philly Food Co-op
[youtube http://www.youtube.com/watch?v=PoIO2ze8GS4]
Message from the President: It's always a good time to become a member!
Almost exactly one month ago, I wrote about how important it was for us to reach 250 member-owner households. Admittedly, I was a little nervous when the immediate response was six "unsubscribes" from the email list. But a day or two later, the new member-owner applications and payments came rolling in. Since then nearly 20 people answered that call and helped boost us from 86 to the 104 member-owner households we have today. If we have any shot at achieving our near-term goal of 250 in 6 months (by the first day of Spring 2012), then we need you to become one of our 250 Founding Members. The full member equity amount is $200 (that's it... for life) and can be paid in small installments over the next 15 months.
Thank you to everyone who has already become a member and to our many wonderful committee members and volunteers. On behalf of the Board and our committees I also want to extend a special note of thanks to the The Energy Cooperative and everyone who mentioned the South Philly Food Co-op when they switched to locally produced, cooperatively owned, renewable energy. For the twenty-six referrals, The Energy Cooperative is donating $520 to us. That's as close to a win-win-win situation as you're going to get!
We're looking forward to seeing everyone at the member-owner meeting on the 17th. Remember, the sooner you become a member-owner, the sooner we can start the process of looking for a location! And if you need some inspiration as autumn marches on and days get shorter, check out the video below and remind yourself why you want a cooperatively owned grocery store in your neighborhood.
Sincerely,
Alison L. Fritz
President, Board of Directors, South Philly Food Co-op
[youtube http://www.youtube.com/watch?v=PoIO2ze8GS4]
Sarah's Garden - Taking the week off
Hi folks! Sarah is taking the week off from writing about her awesome garden this week. She assures us that it is still thriving and that she is getting ready for the fall harvest. We'll have another installment of Sarah's Garden next week for your enjoyment.
In the meantime, we should mention that Sarah herself is a a member-owner of the South Philly Food Co-op. Join Sarah and our other fantastic blogging member-owners (like Rose) and become a member-owner today. You can be counted as one of our 250 Founding Members and get us to our next goal which will allow us to start the process of - get this - looking for a location!
Click here to find out how to join. And don't think that other people are going to get this done for you. If you don't join, there's a reasonably good chance that this co-op just won't happen.
Sarah's Garden - Taking the week off
Hi folks! Sarah is taking the week off from writing about her awesome garden this week. She assures us that it is still thriving and that she is getting ready for the fall harvest. We'll have another installment of Sarah's Garden next week for your enjoyment.
In the meantime, we should mention that Sarah herself is a a member-owner of the South Philly Food Co-op. Join Sarah and our other fantastic blogging member-owners (like Rose) and become a member-owner today. You can be counted as one of our 250 Founding Members and get us to our next goal which will allow us to start the process of - get this - looking for a location!
Click here to find out how to join. And don't think that other people are going to get this done for you. If you don't join, there's a reasonably good chance that this co-op just won't happen.