Happy Cooperative Month

Theme: Cooperatives Empowering the Poor and the Vulnerable Towards Inclusive Growth and Sustainable

Development

NSCC Plaza, Caoayan, Ilocos SurOctober 30, 2017

Upliftment of the status not only to its members’ economic needs but also social needs and the community where it operates.

EmpowermentEmpowering marginalized groups, women and men, to undertake their own development, to improve their social and economic position and to acquire their rightful place in society.”

Poor and Vulnerable As the Philippine Statistics Authority reported (2015), the country’s poverty incidence declined significantly to 21.6 percent, from 25.2 percent in 2012 and 26.3 percent in 2009.

The data showed that there are about 1.4 million less poor Filipinos in 2015 than in 2009.

emphasizes the development of the society in totality that is, in its economic, political, social and cultural aspects

Inclusive Growth

Cooperatives accord members opportunity, protection and empowerment - essential elements in uplifting them from degradation and poverty

Participation in the attainment of Sustainable Development Goals

Cooperatives can engage in a broad range of activities, the most common being in:

education, training, and human resource development;community development; enterprise development and employment generationhealth and nutrition;law, advocacy, and politics; and sustainable

development

The community development fund shall be used for projects or activities that will benefit the community where the cooperative operates.

Through their strong commitment for action and being responsible to servicing the poor and underserved, financial cooperatives are helping to lessen the burden of poverty.  Financial cooperatives, by providing savings products, help to reduce members’ vulnerabilities to shocks such as medical emergencies.

ConvergenceNGAs LGUs

PrivateCDCs

Primaries Secondaries

APEX

Community

& COOPERATION

CDA UPDATE

Province 2016 Registered

Reporting Cooperatives

Pangasinan 801 386La Union 236 120Ilocos Sur 236 109Ilocos Norte 288 100Region 1 1561 715

Reporting Cooperatives

Reporting Cooperatives as of September 30, 2017

RANK

Province of La Union got the highest *percentage of compliance as to mandatory reports submitted to Regional Office as of September 30, 2017.

*Mandatory Reports Received 2017/ Registered Cooperative for the Year 2016

% of Reporting Cooperatives in Region-1As of September 30, 2017

PeriodReporting

CooperativesTotal Assets

2015 736 9,644,191,229.43

2016 671 11,698,079,492.05

*2017 715 14,529,608,925.24

*As of September 30, 2017

Total Assets

Total AssetAs of September 30, 2017

RANK

Province of Ilocos Sur got the highest *percentage In the total Assets

Total assets of Cooperative in Region-1 has been increased by 21% and 24% for the reporting period 2016 and 2017 respectively.

Data is based on AFS submitted to CDA-regional office for the Calendar Year Ended December 31, 2015 & 2016.

ProvinceReporting

Cooperatives Net Surplus

Pangasinan 386 204,769,290.64

La Union 120 64,490,587.72

Ilocos Sur 109 188,258,286.60

Ilocos Norte 100 52,972,352.70

Region 1 715 510,490,517.66

Net Surplus As of September 30, 2017

Province of Pangasinan got the highest *percentage In the Net Surplus as of Sept. 2017

RANK

7%

4%13%

3%

Total Paid-up Capital of 715 Reporting Cooperatives

Agoo Aringay Bacnotan Bagulin

Ranking of Cooperative per province in Region 1 as to Net Surplus.

Province RANKING

Pangasinan 1Ilocos Sur 2

La Union 3

Ilocos Norte 4

Reporting Cooperatives by CategoryAs of September 30, 2017

Province

2016 No. of

Registered Coop

No. of Reporting

Coop

Reporting Cooperatives by type

Micro Small Medium Large

Pangasinan 801 386 257 96 30 3La Union 236 120 78 28 12 2Ilocos Sur 236 109 67 20 12 10Ilocos Norte 288 100 67 20 10 3

Total 1561 715 469 164 64 18

CATEGORY OF 715 REPORTING COOPERATIVES IN REGION 1 BASED ON TOTAL ASSETS AS OF SEPTEMBER 30, 2017

Micro, 66%

Small , 23%

Medium, 9%Large, 3%

Micro Small Medium Large

18 LARGE COOPERATIVE IN REGION 1

NAME OF COOPERATIVE Province Total Assets

1. Sacred Heart Savings Cooperative Ilocos Sur 1,889,770,636.57

2. Nueva Segovia Consortium of Cooperatives Ilocos Sur 1,678,504,283.12

3. Sta. Cruz Savings & Development Cooperative Ilocos Sur 1,494,965,757.53

4. Tubao Credit Cooperative La Union 1,036,933,826.69

5. NSCC Multi-Purpose Cooperative Ilocos Sur 973,297,253.88

6. Calasiao Plant and Related Companies Employees Multipurpose Coopeative

Pangasinan 751,316,192.30

7. Government of Laoag Employees Development Cooperative (GLEDCO)

Ilocos Norte 650,053,025.00

8. Lingayen Catholic Credit Cooperative (LCCrC) Pangasinan 342,718,821.00

9. Suyo Multipurpose Cooperative Ilocos Sur 341,093,319.09

18 LARGE COOPERATIVE IN REGION 1

NAME OF COOPERATIVE Province Total Assets

10. FATIMA (VIGAN) MULTIPURPOSE COOPERATIVE Ilocos Sur 251,420,062.00

11. St. Lucy Multipurpose Cooperative Ilocos Sur 226,100,777.00

12. Sto. Domingo Development Cooperative Ilocos Sur 222,025,664.29

13METRO VIGAN MULTI-PURPOSE COOPERATIVE HOSPITAL Ilocos Sur 206,209,020.00

14 San Joaquin Multi-Purpose Cooperative Ilocos Norte 200,698,748.00

15 La Union Multipurpose Cooperative La Union 176,660,656.41

16 Kailian Multipurpose Cooperative Ilocos Sur 160,300,096.00

I7 locos Norte PNP, Ladies and Civilian Employees Multipurpose Cooperative

Ilocos Norte 102,769,601.00

18 Malingas Multi-Purpose Cooperative PANGASINAN 101,526,061.00

4 Billionaire Cooperative in Region 1

Sacred Heart Savings Cooperative Ilocos Sur

Nueva Segovia Consortium of Cooperatives Ilocos Sur

Sta. Cruz Savings & Development Cooperative

Ilocos Sur

Tubao Credit Cooperative La Union

ProvinceReporting

CooperativesPaid-up

Share CapitalPangasinan 386 1,363,920,123.99

La Union 120 528,658,105.59

Ilocos Sur 109 1,207,711,978.53

Ilocos Norte 100 424,285,104.50

Region 1 715 3,524,575,312.61

Paid Up Share Capital as of September 30, 2017

7%

4%13%

3%

Total Paid-up Capital of 715 Reporting Cooperatives

Agoo Aringay Bacnotan Bagulin

Ranking of Cooperative per province in Region 1 as to Paid-up Share Capital.

Province RANKING

Pangasinan 1Ilocos Sur 2

La Union 3

Ilocos Norte 4

As of September 30, 2017

In recognition to cooperative with continual increase in total assets for the past three years (Fiscal Years 2014-2016) based on Audited Financial Statement (AFS) submitted for the following category;

From Micro – Small CategoryFrom Small – Medium CategoryFrom Medium – Large CategoryFrom Large to Large Billionaire

From Micro – Small Category1. PMO San Fernando (LU) Sual MultiPurpose Cooperative

2. Namaltugan MultiPurpose Cooperative

3. Brgy. Zambonga Multi-Purpose Cooperative

4. Serviam Multi-Purpose Cooperative

5. GOOD STEWARD SAVINGS AND CREDIT COOPERATIVE

6. Pangasinan Provincial Employees Credit Cooperative

7. Polong High School Multipurpose Cooperative

8. Catuday Agrarian Reform Cooperative

9. MAGIC MULTIPURPOSE COOPERATIVE

10.OAQUI No. 3 Multi-Purpose Cooperative

11.MARGAAY MULTIPURPOSE COOPERATIVE

12.BUREAU OF FISHERIES AND AQUATIC RESOURCES MULTIPURPOSE COOPERATIVE

From Small – Medium Category

1.Dagupan City National High School Faculty and Personnel Multipurpose Cooperative

2.Bagnos Multi Purpose Cooperative3.Anaao Mannalon MultiPurpose Cooperative4.Casaba Multi-Purpose Cooperative5.San Juan Teachers and Employees Multipurpose

Cooperative6.D' Plowman Multipurpose Cooperative7.Conconig East Farmers Multipurpose Cooperative8.St. Rose of Lima Parish Multipurpose Cooperative9.Saint Paschal Baylon Multipurpose Cooperative10.Lahat Uunlad Credit Cooperative11.Saytan Savings and Credit Cooperative

From Small – Large Category

1.NSCC Multi-Purpose Cooperative

From Medium – Large Category

1.Metro Vigan Multi Purpose Cooperative Hospital

2.Ilocos Norte PNP, Ladies and Civilian Employees Multipurpose Cooperative

3.Malingas Multi-Purpose Cooperative

From Large to Large Billionaire

1.Sta. Cruz Savings & Development Cooperative

2.Tubao Credit Cooperative

TOP 10 FINDINGS DURING INSPECTION

1.Statutory Funds are not fully funded (AFS)

2.No Membership Registry ( Art. 52 & 54 of RA 9520 & MC2012-16

3.No Share and Transfer Book (Article 52 of RA 9520)

4.Non Issuance of Share Capital Certificates (Rule 10, Revised IRR & MC 2013-04)

5.No Continuous Education program (Art. 4(5) of RA9520)

6. No Annual Plan & Budget (Annual Plan & Budget)

7. No Election Rules and Guideline (Rule 7 Revised IRR)

8. No / Expired Certificate of Tax Exemption (CDA-BIR Joint Regulation)

9. Book of accounts are not properly maintained and updated (MC2009-04 & MC2013-15)

10.Subscribe & Paid –up Capital are not covered by subscription agreement (MC2013-04).

TOP 10 FINDINGS DURING INSPECTION

Governance and Audit Report for Cooperatives

MEMORANDUM CIRCULAR NO. 2017-05Series of 2017

Governance and Management Audit Working Paper – refers to the working paper to be used by the Audit Committee or Internal Auditor in analyzing/assessing the performance of the cooperative in a form to be prescribed by the Authority.

Governance and Management Audit Report – refers to the summary report of analysis/assessment to be undertaken by the cooperative based on the result of the audit using the tool prescribed by the Authority

Section 8.  Period of Submission and Sanctions

The Governance and Management Audit Report shall be submitted by the cooperative to the CDA not later than 120 days from the end of each Calendar Year as attachment to the CAPR. 

The cooperative who failed to submit the report shall not be issued Certificate of Compliance (COC) or may also be subjected to a procedural process of cancellation

Section 11.  Effectivity This Memorandum Circular shall take effect

upon approval of the CDA Board of Administrators and fifteen (15) days after its publication in the Office of National Administrative Register (ONAR).

Approved by the CDA Board of Administrators on August 15, 2017 per BOA Resolution No. 213 Series of 2017

KOOP KAPATID

Memorandum of Agreement

Advocacy of a Drug Free Community/Workplace

Trainer Training With PDEA

Gawad ParangalNational Winners:

CDO Alaminos City

Coop Leader Alex Raquipo

MANIFESTO OF SUPPORTFOR THE IMMEDIATE PASSAGE AND ENACTMENT OF HB 4174 CREATING THEDEPARTMENT OF COOPERATIVES

WHEREAS, the cooperative movement in the country has been growing in number with more than 25,000 micro, small, medium, large cooperatives and cooperative unions and federations;WHEREAS, poverty has been the biggest problem confronting the country and its more than 100 million population;WHEREAS, the dearth of employment and livelihood opportunities in the country has contributed, directly or indirectly, to the rise of social and economic ills in the country;WHEREAS, we collectively believe that the passage of the Department of Cooperatives will provide opportunities for the creation of livelihood, income and employment for the millions of unemployed and underemployed Filipinos; WHEREAS, we believe that the creation of the Department of Cooperatives is the answer to the socio-economic ills haunting the nation as this will directly address the problem of poverty;WHEREAS, the enactment of the Department of Cooperatives will provide the structural machinery and organization that will harness the natural wealth and manpower resources to energize the nation.Now, therefore, recognizing the foregoing, we the undersigned officials of _______________cooperatives representing _________ members dohereby express our unwavering support for the enactment and passage of HB 4174, heretofore known as the Department of Cooperatives Act of 2017. SIGNED this _________Day of ___________________ in the Year of our Lord Two Thousand Seventeen at______________________, ____________________.

Coops Unite for Marawi