Category: Coop Updates

Updates on meetings, events and general coop stuff.

  • Why has it taken so long to open the Louisville Community Grocery?

    Why has it taken so long to open the Louisville Community Grocery?

    Our co-founders began meeting in the Portland neighborhood in the fall of
    2015 and founded LACE in 2017. Organizing meetings moved around
    neighborhoods as they wanted to connect with residents who had been
    affected by recently closed grocery stores (from 2016 to 2018, five stores
    closed within the Watterson/city core), then landed in Russell for a while. We
    incorporated the LCG in 2019 and kicked off a soft launch owners campaign. We organized into committees with LACE members to conduct the work of
    our co-op. COVID-19 affected our ability to host our monthly in-person
    owners’ meetings, and we didn’t return to that. Nevertheless, the work
    continued.

    Over the fall of 2021 and spring of 2022, we secured philanthropic funding
    for LACE and predevelopment activities, land from the Community
    Foundation of Louisville, and a $3.5M bond issuance from Louisville Metro
    Government. Co-founder of LACE and LCG, Cassia Herron, resigned as
    LACE’s board chair in the fall of 2021 and soon after, LACE hired executive
    staff to oversee its mission, and the two entities began having problems.

    LACE did not follow the plans Herron left to guide the efforts to develop the
    land, build the business, and engage residents and owners in the process, and began going at the work alone. By 2023 the relationship between our co- op’s leadership and LACE had completely fallen apart and officially ended in
    2024.


    In 2024, our newly elected board and a handful of owners worked to regain
    access to the co-op’s assets created with LACE that LACE retained control
    of when the partnership dissolved. We conducted an updated market study
    that maintained the property at Finzer was still the best property to pursue for
    our store (along with a Louisville Metro Housing Association property in
    Russell). In 2025, we learned that the Finzer site was acquired by the
    Smoketown Community Land Trust. When we approached them about
    building our grocery store there, they indicated they were not yet ready to
    make a decision about how to use the property.


    In 2025, LCG was awarded a grant for research regarding our future site. This
    research was completed and shared with the LCG ownership at the February
    2026 Owners Meeting. We are currently considering options for how to move
    forward.

  • Owners Meal & Meeting 2/19/2026

    Owners Meal & Meeting 2/19/2026

    Quick recap

    The meeting was well attended and focused on discussing the future of Louisville Community Grocery (LCG), a cooperative grocery initiative, following the dissolution of its partnership with LACE. MK Lindsey presented case studies of successful food co-ops across the country, highlighting different business models and operational approaches. The group explored four potential paths forward: transferring operations to another entity, finding a developer for property development, establishing a food hub/distribution center, or continuing with the current mission. Roger Quinn, president of the Arthur Kling Old Louisville Community Center, offered his facility as a potential location for a food hub operation. The conversation ended with discussions about Board membership expansion and the need for continued owner engagement through 4 active committees, with door prizes awarded to several attendees.

    Summary

    Cooperative Enterprise Financial Stability

    The meeting focused on the financial status and future steps for a cooperative enterprise. The Board reported that the LCG finances are stable for at least two years. The lenders have expressed confidence in the group’s mission, allowing them to manage the funds responsibly. The discussion also touched on the importance of community representation and the need for sustainable strategies to achieve their goals.

    Co-op Leadership and Development Updates

    The Board discussed the need for a finance chair to support the new treasurer and emphasized the importance of financial oversight for the co-op’s credibility. They also highlighted the need for a co-op owner to take on the role of Board secretary. They mentioned the ongoing survey about the co-op’s future, which remains split between two options, and encouraged attendees to consider alternative paths forward. They concluded by introducing the Site Selection and Business Development Committees’ work, noting their shift from focusing on the Finzer property to exploring new options due to delays in the Smoketown Community Land Trust’s development plans.

    Co-op Grocery Store Insights

    The meeting focused on a presentation by MK Lindsey, who shared insights from her research on co-op grocery stores, including a case study of the Dorchester Food Co-op in Boston. Lindsey highlighted the co-op’s demographic alignment with the group’s target areas, its lease model, and the challenges of long-term rent increases. She also discussed the co-op’s investment in infrastructure, such as walk-in coolers, and its reliance on grants, community investment, and traditional debt financing. The presentation concluded with a reflection on the Dorchester’s regret of not implementing pickup and delivery services earlier, which they felt was costing them revenue.

    MK Lindsey presented three case studies: a co-op that faced financial challenges but was stabilized by a 10-year grant, Weaver Street Market in North Carolina which achieved significant scale through vertical integration and community-focused practices, and Eastside Food Co-op in Minneapolis which doubled in size through a successful expansion. The discussion highlighted key factors for success including member capital, strong partnerships, careful site selection, and community engagement. 

    Grocery Store Development Strategy

    The Board presented a strengths/weakness/opportunities/threats (SWOT) analysis highlighting opportunities such as new grocery stores in The Highlands in Louisville, as well as potential partnerships with housing authorities and local farmers. However, challenges were also noted, including the complexity of real estate deals and the need to determine store operations and staffing. The group also reviewed their timeline since 2015, including past negotiations with Louisville Metro Government for bond funding and their current efforts to move forward after dissolving a partnership with LACE.

    Community Grocery Initiative Future Plans

    The meeting focused on discussing the future of LCG, exploring various paths forward including partnering with a community center, continuing development of a brick-and-mortar store, or creating a food hub. The group discussed the possibility of using the Arthur Kling Old Louisville Community Center’s basement space as a temporary location, with the Center’s president offering to provide the space on a revenue-sharing model. The conversation ended with announcements about the upcoming Ownership and Outreach committee meeting on March 2nd by Zoom, Board membership roles open (seeking 5), and a call for volunteers to help with fruit tree pruning in community gardens (Reach out to Amanda for more information).

    Please contact LouisvilleCommunityGrocery@gmail.com with questions, to volunteer, and to receive calendar invitations to upcoming committee meetings.

  • Where will the grocery store be located?

    Where will the grocery store be located?

    February 17, 2026

    As a reminder, the Finzer site that LACE was gifted on our behalf is now in the possession of REBOUND who will gift the property to the Smoketown Community Land Trust (SCLT). We have spent the last year exploring a partnership with the SCLT and a few months ago learned the SCLT has leased the Finzer site to a construction company over the next two years and is not prioritizing developing the site at this time.

    We secured funding from The Reinvestment Fund’s Healthy Food and Financing Initiative recently to explore partnerships and development opportunities. We contracted with MK Lindsey, a local development consultant, who conducted some very timely research on a number of other co-ops as well as site leads. At the February 19th, 2026 Owners Meal and Meeting, the LCG Board will present on her report and engage owners about a way forward. 

    Over the course of our organizing, we have considered over two dozen properties in Old Louisville, Smoketown, Shelby Park, Russell, Portland, Shawnee and Parkland. These neighborhoods were chosen due to the food access needs and the residents’ interest in cooperative economics, demonstrated by their participation in New Roots’ Fresh Stops. Two market studies (2020, 2024) were conducted. The search in both studies identified properties with the best potential in Smoketown and Russell. 

    We are in the process of deciding, and that’s where our Owners come in. Ultimately, it will be through a vote of the Owners that the destination is decided.

  • What is an LCA?

    What is an LCA?

    Why is Louisville Community Grocery set up as an LCA?

    An LCA is a Limited Cooperative Association. This is a specific legal structure that combines features of a traditional corporation and a cooperative. For this particular community-owned business, it defines the following operational and ownership rules: 

    • Member Ownership: The organization is owned and run jointly by its members, who share in benefits or profits. Full member-ownership is established at a $150 equity contribution.
    • Voting Rights: The LCA structure manages a split voting system between different classes of owners. In general votes, consumer owners hold 60% of the voting power, while worker owners hold 40%.
    • Purpose: It operates as a “bottom-up” business designed to address food access, create jobs, and improve health outcomes in Louisville’s west and central neighborhoods.
  • Join Our Finance Team

    Join Our Finance Team


    Finance team responsibilities & job descriptions    
    According to financial policies & practices

    Treasurer, under direction of the President & the Board:

    Chiefly responsible for managing Savings and Checking accounts with L&N and Park Community Credit Unions, including all fund transfers (currently fewer than 8 automatic payments per month).

    • Serves as one of two authorized signatories on all bank accounts, or to execute any decisions about loans and investment accounts.
    • Knowledge of QuickBooks accounting is needed.
    • Monthly Finance Reports for the Board are required.

    Teamwork:

    • Works with the Finance Committee and the Board to develop the Annual Budget.
    • Keeps all financial records in order: Works with a Bookkeeper (currently an external contractor) and Finance Committee Chair (seat currently vacant) to guarantee that all invoices are accurate and comply with the budget; invoices should be attached to QuickBooks entry; accounts are balanced; and all records of accounts payable, investments (including Owner shares and loans), and reimbursables are correctly filed.
    • Confirms with the correct Committee Chair that all expenditures, including reimbursement requests, are approved and fall within their budget line-item.

    Finance Committee Chairperson:

    Chiefly responsible for constant oversight and assistance that assures LCG’s practices comply with LCG Financial Policies and Procedures, including conducting occasional internal audits. 

    • Serves as second signatory on all bank accounts and checks.
    • Initiates creation of the Annual Budget and constantly monitors compliance.  
    • Manages Tax preparation and compliance with required Federal & State reporting.     
    • Receives and reviews all requests for reimbursement from Committee Chairs to guarantee accuracy and compliance with LCG’s Budget.
    • With Committee members and the Board, considers any changes to policies and procedures that may be needed.
    • Works with other Committees, including Funds Development, to provide timely information and reports, as necessary.  

    Finance Committee Members:

    Attend Finance Committee meetings. Assist the Finance Chair and Treasurer in carrying out the LCG Finance Policies and Procedures, consider changes needed, and work with the Board and other committees to provide timely information and reports as necessary.

    Contact louisvillecommunitygrocery@gmail.com with questions about these responsibilities and job descriptions. 

  • Meeting Summary – Board Meeting Feb 20th, 2025

    Meeting Summary – Board Meeting Feb 20th, 2025

    Board Present:   Arte Chambers, Cassia Herron, DeNita Wright, Judy Schroeder

    Owners:  LaiEsha Allen, Gina Braxton, Emily Boone, Gwen Kelly, Michelle Lori, Luther Pearson, Dennisha Rivers

    Next Steps

    The meeting discussed the progress all committees are making as a result of the Owners Meeting on January 25th. Specifically, as Next Steps:

    • The meeting discussed the progress all committees are making as a result of the Owners Meeting on January 25th. Specifically, as Next Steps:
    • Tech Committee is expanding with Shavaun John & Julian who are in training to help administer the blog, wiki, and listserv. Arte will publish all committee charters and work plans on the wiki and website, as they develop. 
    • Robin Hawkins is working on documenting the Co-op’s history and past decisions.
    • The Finance Committee will have Finance Statements to review monthly.
    • Arte will circulate a question for discussion within all committees about the proper level of transparency and access to financial reporting. [With a full discussion, members agreed that the question was not about public access to LCG’s financial reporting, but about access for owners. Our meeting recognized both the importance of participation and access as owners of a co-op, and that some business opportunities get complicated or lost when our business transactions are public, in real time. We are looking specifically for a policy that gives owners confidence in our financial practices, without publishing our business transactions (financial reports) in public, such as links on our website & newsletters, rather than requests to the Treasurer or attendance at Board meetings.
    • Judy to research language for Conflict of Interest disclosures.
    • Site Selection Committee to meet on March 7th for a tour of two potential properties.
    • The Business Development Committee is updating our business model and will be meeting with representatives from National Co-op Grocers.
    • Board to include an agenda in future meeting invitations.

    Board Goals

    • Formalize internal processes
    • Create committee Charters and standard operating procedures
    • Agree on explicit goals & reporting expectations for each committee
    • Develop Conflict of Interest & Non-Disclosure protocols for all business functions
    • Establish a formal grievance process
    • Develop Code of Conduct for owners
  • January 2025 owners meeting recap

    January 2025 owners meeting recap

    The Jan 2025 Owners Meeting was a great success. Fifteen owners and three allies gathered to update our goals and begin planning for 2025. Two break-out conversations focused on some basic objectives to work on in 2025, including Site Selection & Business Development, Technology & Communications, Owner Engagement, and Internal Systems (especially finances).

    ALL OWNERS are welcome (and needed) to participate, at any point!

    Site Selection & Business Development Committees

    Members: 

    Alix Davison, Emily Boone, Amanda Fuller, Myrisa Christy (CFA), Kellie Padgett (KCARD), Cassia Herron (committees’ chair)

    How to get involved: Please contact Cassia cassia.herron@gmail.com

    2025 Goals

    1. Finalize site selection
    2. Revise sources and uses, proforma and business plan
    3. Launch capital campaign

    Q1 Work Plan

    Site Selection Committee 

    • Finalize and rank sites
      • Investigate each site’s development opportunities
      • Decide if committee members do this work or co-op to hire a realtor
      • Ask National Cooperative Grocers for list of questions (NCG is interested in supporting our site selection process and us becoming members)
    • Finalize site selection by end of March
    • Committee to sunset after site selection is complete
    • Members are encouraged to join Business Development Committee

    Business Development Committee

    • Review new market study + old business plan and proforma
    • Meet with NCG in March

    Next Steps

    Site Selection Committee Meeting

    2/6 or 2/11 at 6:30PM

    Business Development Committee Meeting

    2/17 or 2/24 at 1PM or 6:30PM

    2/28 at 10AM or 11AM

    Technology & Social Media/Communications 

    Another topic that was discussed at length was how we improve our ability to communicate with our ownership and our community. 

    Members:  Arte Chambers, John Krueger, Shavaun Evans, Kaitlin Franklin 

    Volunteered to work with Arte on our communications technology & social media. 

    How to get involved: Please contact Arte arte.chambers@gmail.com

    Arte is working to get all committees organized with technology and support by February 15th. Once that is completed, action steps will begin and everyone in LCG will be updated with specifics on how to join in the work.

    Owner Engagement/Outreach 

    Members: Robin Hawkins, Gina Braxton, Tony Manning and Kaitlin Franklin agreed to bolster our in-person efforts with Owner Engagement activities, such as canvassing, new owner recruitment, potlucks, or street teams, as needed. 

    How to get involved: Please contact Robin mrsrmfaulkner@gmail.com

    Internal Systems

    Members: Michelle Lori, Amy Shir, Robin Hawkins, Judy Schroeder

    How to get involved: Please contact Judy judys@iglou.com

    1. There is a need to document our history, both good and bad, so that we may learn from our past mistakes and become a better co-op.
      – Robin Hawkins and Judy Schroeder offered to start by doing interviews to gather info and create the narrative that LCG may share internally and externally.
    1. Financial Practices:  How do we know that LCG isn’t going to repeat the same problems the Board has had before?  We have a proficient & dedicated Treasurer, Seamus Allman, so our interest was in strengthening hands-on support for –
      1. financial reporting
      2. wider knowledge about our finances & history (where are our files & who has access to them?)
      3. an audit of our assets 
      4. a charter that identifies what the committee needs in the future to be functional for the co-op. 

    Michelle Lori & Amy Shir will start this Quarter by reviewing and organizing LCG’s historical Google Docs filing system and Judy will have a conversation with the Treasurer about the best ways this team can be of support for financial reporting. By the June Owners Meeting, we’ll have an organized filing system, a financial reporting process, and an audit of our assets completed.