Hello fellow Voices,
With capital credit checks arriving in our mailboxes, I thought this would be an appropriate time to remind you of the need for donations to support challenger candidates in the upcoming director elections. You will be hearing about the candidates now that we are into March, and I think you will be excited about the challengers to our current rubber-stamping board. Plus we will be supporting the one challenging Voice already on the board.
Here are three painless and/or fun options for making a contribution to this very important cause:
1. Sign over your capital credit check to IREA Voices.
This is a popular method that we have been doing for a number of years now. Sign the back of your refund check and write "Pay to the order of IREA Voices" under your signature. You were not counting on this money anyway, so why not donate it to our worthwhile cause? You are not going to miss it, I promise.
2. Make a matching contribution to your capital credit or a separate donation.
Just make the check out to IREA Voices, and donate an amount that you are comfortable with; but please read to the end before you decide your comfort level!
3. Buy an IREA Voices t-shirt.
Look at the attachment to choose between option A or B. Decide the quantity and size of each (M, L, or XL). Send me an email with your order, Make a check out to "IREA Voices" with "t-shirt" in the memo line. Each t-shirt is $20, so multiply 20 by the number of t-shirts you want for your total. Once your check is received, I will contact you so we can get your t-shirts delivered, and you can become the envy of all your friends!
For any of these options, send your check to IREA Voices, 880 Welch Street, Golden, CO 80401. Your donations are NOT tax-deductible, and you can thank IREA for that.
So let me shine some light on why your contributions are so important to these elections. In 2009, our co-op's General Manager (who has retained that position for 37 years!) contributed $1000 each to the three incumbent candidates for their election campaigns. This is not just me making something up, as he openly told me himself at the annual meeting. I imagine he would tell you himself too, if you asked. Among other responsibilities that the board of directors has, they vote on the salary of the GM. Just this past November they voted to give the GM a 10% salary increase and pay him a bonus of $60,000. You can verify this for yourself on IREA's website, at
http://www.intermountain-rea.com/userfiles/file/November%202010%20Board%20Minutes.pdf Our GM's salary is now $330,000 with a $60,000 bonus, which comes out of the money that we pay monthly for our electric service. I sure would love to get a 10% raise, no less a bonus during these economic times!
So, let me recap and see if I can get this straight: the GM contributes a total of $3000 to the incumbent candidates campaigns in 2009 to help them get "re-elected" so they can continue to rubber stamp his agenda and then vote to give him a raise. Oh no, there is no conflict of interest there, and the GM walks away with a net gain of $27,000+ for a measly $3000 in contributions.
Guess who was the only voice of dissent in an otherwise unanimous vote on this little piece of corruption in our co-op? You guessed right if you said Mike Kempe, the sole director to have questioned anything during the past four years he has been on the board.
So this is a very simple and straightforward reason why your contributions are necessary to make sure that we can elect some additional directors to the board who will actually represent us, the member-owners of IREA, and not the managements' pocketbooks.
100% of the donations you make today will go toward the election of fresh voices on our board of directors, so that we will once again have real oversight of our electric co-op.
In the immortal words of our own Chuck Saxton, please give until it no longer hurts.
Thank you,
Michael Chiodo