Purpose + Values
The Board of Directors is composed of and elected by Co-op owners. The seven Board members act as trustees for the Co-op and its owners and provides direction and oversight regarding the Co-op’s financial well-being and long-term goals. The Board also supervises the General Manager.
Governance of the Co-op is shaped by our identity as a cooperative and the values that define cooperatives. As noted by the International Co-operative Alliance, "Co-operatives are based on the values of self-help, self-responsibility, democracy, equality, equity and solidarity. In the tradition of their founders, co-operative members believe in the ethical values of honesty, openness, social responsibility and caring for others."
A cooperative is an autonomous association of persons united voluntarily to meet their common economic, social, and cultural needs and aspirations through a jointly-owned and democratically-controlled enterprise. The Moscow Food Co-op supports the International Co-operative Alliance’s 7 Cooperative Principles.
Policies + Bylaws
To help us put our values into practice and achieve our goals, the Board creates and maintains policies for the store. Through policy, guidelines and long-term goals for finances and operations are established and updated based on current needs and desires. The policies shape things such as our our sustainability goals, wage range ratio, and the standards for protecting our assets. The Board does not use policy to determine which brands of milk we sell, but a Board policy about sustainability could shape what our buyers put on the shelves.
The Board’s monitors for compliance with policy, which helps ensure consistent and thoughtful decision-making. Many policies place their expectations upon the General Manager, and so it’s through the GM’s accountability to the Board that we ensure we are on track or are prompted to adjust.
Underlying the policies are our bylaws, which define the basic rights and responsibilities for owners, Board members, and management. They define our democratic structure and provide general rules for governance of the Co-op.