Today's Balance
$4,560.99
Estimated Annual Budget
$4,675
A Really Big Dill!
$100,000
Contribute
Become a financial contributor.
Financial Contributions
Top financial contributors
1
Dina Petrakis
$1,000 USD since Jul 2021
2
Guest
$500 USD since Jul 2021
3
Jessica Nelson
$300 USD since Jul 2021
4
Madeline Loshaw
$220 USD since Oct 2021
5
McKpoop
$200 USD since Jul 2021
6
Grace Harms
$200 USD since Jul 2021
7
Morgan Smith
$120 USD since Jul 2021
8
Alisa dePedro
$100 USD since Jul 2021
9
SMC
$100 USD since Jul 2021
jess
$100 USD since Jul 2021
11
Emma
$100 USD since Jul 2021
12
Brady Luby
$100 USD since Jul 2021
13
Julie
$100 USD since Jul 2021
14
Lisa Chou
$100 USD since Jul 2021
15
Katie Janecko
$100 USD since Jul 2021
16
Earth First Farms
$100 USD since Jul 2021
17
Mark Morrin
$100 USD since Jul 2021
18
Guest
$100 USD since Aug 2021
19
Sofia
$100 USD since Aug 2021
20
Henry Serpa
$55 USD since Aug 2021
Dill Pickle Food Co-op is all of us
Our contributors 56
Thank you for supporting Dill Pickle Food Co-op.
Brock Auerbac...
Admin
$25 USD
Mike Strode
Admin
I'Talia McCarthy
Admin
David Nobel
Admin
Dina Petrakis
$1,000 USD
Guest
$500 USD
Jessica Nelson
$300 USD
Madeline Loshaw
$220 USD
McKpoop
$200 USD
Grace Harms
$200 USD
Morgan Smith
$120 USD
Alisa dePedro
$100 USD
Budget
Transparent and open finances.
$
Today’s balance$4,560.99 USD
Total raised
$4,560.99 USD
Total disbursed
--.-- USD
Estimated annual budget
$4,675.17 USD
Connect
Let’s get the ball rolling!
News from Dill Pickle Food Co-op
Updates on our activities and progress.
Capital Campaign Update
INCREDIBLE NEWS! 📣✨ We surpassed our 100K goal as of Sunday!!! 🎉✨ We are most eternally grateful to our amazing community who has supported us through these incredibly challenging times. We’d also like to highlight that...
Published on August 10, 2021 by Mike Strode
Capital Campaign Update
After our It’s A Big Dill Pop-Up event, we have now raised a total of $82,901.04 in equity, loans, & donations! We are continuing our capital cash campaign as we inch towards our soft goal of 100K - we just need need to raise $17,000 mo...
Published on August 3, 2021 by Mike Strode
Crowdfunding Campaign Update
Great news! Currently, we are at $65k out of $100k for our goal. Also, we have reached out to our state senators Dick Durbin and Tammy Duckworth so they can help us expedite the Small Business Administration Loan. The Employee Retention Cre...
Published on August 1, 2021 by Mike Strode
About
Dear cooperative community:
The Dill Pickle is in immediate risk of running out of cash and we urgently need your help to keep the co-op from going out of business.
We have previously outlined the overlapping financial challenges facing the store, as well as the steps that board and GM have taken to try and stabilize the financial position of the Dill Pickle. Unfortunately, our financial position has significantly deteriorated in the last few weeks and without an immediate infusion of cash and an increase in sales, we will have to close for good within the next month.
While the Dill Pickle has faced many challenges and has not always fully lived up to our high goals and principles, it remains a vital asset to the community and the sum of so many of our dreams and hard work. We fervently believe that the Dill Pickle has a future role to play in our community and our lives and we ask for your support and assistance in saving the co-op so that we can thrive once again!
Here is how you can help:
- Contribute to our $100K Campaign by August 1st by providing an owner loan or increasing your equity in the Dill Pickle. These funds will help us to cover our payroll and avoid closing our doors.
- Increase your Shopping. We need to increase and sustain a higher level of sales to enable the co-op to generate positive cash flow that can support the business. Please bring your friends, family, co-workers and neighbors to shop too! We remain the best kept secret in the grocery market in Chicago!
If we can raise the $100K by August 1st and continue to increase sales, the Dill Pickle will be able to bridge the gap between our current financial shortfall and significant funding through a number of government programs that can assist us.
Your support in this critical time means the difference between the Dill Pickle continuing on and us closing our doors in August. So please, shop the store, provide an owner loan (email us at [email protected]le.coop), increase your equity and encourage your friends to do the same. If you are able to volunteer to help us with outreach, we welcome your support!
Thank you for your continued support of the Dill Pickle. Please reach out if you have any questions, or join us for our next Owner Forum this Tuesday, July 26, 2021 at 6:00pm.
--
Some reasons we are still hopeful for this co-op’s future:
- We have been able to narrow our operating loss significantly in the last few months and are on the cusp of getting to positive cash flow that offers us a path forward to slowly emerging from this financial hole.
- The Dill Pickle is eligible for a 2021 Employee Retention Credit of $500,000. This is not a loan-- it’s money in the bank. However, we will not receive the check for 2-6 months.
- We have a pending application for a low-interest loan from the Small Business Association that we are optimistic we will receive-- but we do not know when our application will be approved.
Upcoming Events
It’s a Big Dill: Summer Pop-Up!
Saturday July 31st 12:00pm-4:00pm
Meet and greet with vendors, enjoy tasty treats, enter to win giveaway prizes, and listen to the smooth grooves of DJ Chi!
How can I get involved?
Are you interested in participating in the Dill Pickle’s newly formed Diversity, Equity, and Inclusion committee? Members will include store management, hourly employees, and interested owners. Email [email protected] for meeting times and dates!