RCDC topic on the utilization of CETF/CDF

1. Regional Cooperative Development Council -I
1st Quarter Meeting
NSCC Bath and Coffee Shop
Vigan City, Ilocos Sur
March 12, 2018
Allocation and Utilization of
CETF & CDF
Dir. Jo B. Bitonio
CDA Dagupan Extension Office

2. Legal Basis (CETF)
Paragraph 2 of Article 86 of R.A. 9520 – Order of Distribution
THE NET SURPLUS OF EVERY COOPERATIVE SHALL BE DISTRIBUTED
AS FOLLOWS:
"(2) An amount for the education and training fund, shall not be more than ten
per centum (10%) of the net surplus. The by-laws may provide that certain fees
or a portion thereof be credited to such fund. The fund shall provide for the
training, development and similar other cooperative activities geared towards
the growth of the cooperative movement x x x.”
COOPERATIVE DEVELOPMENT AUTHORITY
DAGUPAN EXTENSION OFFICE

3. Legal Basis (CDF)
Paragraph 3 of Article 86 of R.A. 9520 – Order of Distribution
THE NET SURPLUS OF EVERY COOPERATIVE SHALL BE
DISTRIBUTED AS FOLLOWS:
"(3) An amount for the community development fund, which shall
not be less than three per centum (3%) of the net surplus. The
community development fund shall be used for projects or activities
that will benefit the community where the cooperative operates.
COOPERATIVE DEVELOPMENT AUTHORITY
DAGUPAN EXTENSION OFFICE

4. Legal Basis - REPORTS
Article 53 of R.A. 9520
“(1) Every cooperative shall draw up regular reports of its program of
activities, including those in pursuance of their socio-civic undertakings,
showing their progress and achievements at the end of every fiscal year. The
reports shall be made accessible to its members, and copies thereof shall be
furnished to all its members or record. These reports shall be filed with the
Authority within one hundred twenty (120) days from the end of the calendar
year. The form and contents of the reports shall be as prescribed by the rules
of the Authority. x x x.”
COOPERATIVE DEVELOPMENT AUTHORITY
DAGUPAN EXTENSION OFFICE

5. Regular Reports
All registered co-ops shall submit a Cooperative Annual Progress
Report (CAPR) with the following attachments:
* Social Audit Report (SAR);
* Governance and Management Audit Report (GMAR),
including copies of the semi-annual report on mediation
and conciliation;
* Audited Financial Statement (AFS); and
* List of Officers and Trainings undertaken/Completed.
COOPERATIVE DEVELOPMENT AUTHORITY
DAGUPAN EXTENSION OFFICE

6. Regular Reports
All registered cooperatives shall file with the CDA a copy
of the required reports either through personal, registered
mail, courier or electronic means, within 120 days
from the end of every calendar year.
The CAPR including all of the reports shall be
reported to its members during the annual general
assembly meeting.
COOPERATIVE DEVELOPMENT AUTHORITY
DAGUPAN EXTENSION OFFICE

7. Summary of Community Development Fund
(CDF) of Cooperatives in Region I
COOPERATIVE DEVELOPMENT AUTHORITY
DAGUPAN EXTENSION OFFICESOURCE: AFS

8. COOPERATIVE DEVELOPMENT AUTHORITY
DAGUPAN EXTENSION OFFICE
FINANCIAL ASPECTS OF OPERATING COOPERATIVES
As of December 31, 2016
Based on 670 REPORTING COOPERATIVES - CAPR/AFS 2015
Beg Allocation Utilization End
Micro 238 1,874,656.78 145,655.85 (21,848.75) 1,998,463.88
Small 82 4,372,522.00 503,732.38 (97,868.40) 4,778,385.98
Medium 32 5,031,135.30 345,761.07 (515,054.48) 4,861,841.89
Large 3 4,002,727.18 2,789,267.78 (1,270,685.48) 5,521,309.48
Total 355 15,281,041.26 3,784,417.08 (1,905,457.11) 17,160,001.23
Micro 81 707,082.84 196,801.69 (78,105.72) 825,778.81
Small 27 1,459,916.41 227,072.75 (149,174.80) 1,537,814.36
Medium 10 2,585,229.52 260,999.20 (47,983.51) 2,798,245.21
Large 2 2,546,584.62 986,867.00 (610,155.98) 2,923,295.64
Total 120 7,298,813.39 1,671,740.64 (885,420.01) 8,085,134.02
Micro 62 349,082.03 54,130.38 (19,114.01) 384,098.40
Small 24 1,125,856.85 280,821.88 (23,398.62) 1,383,280.11
Medium 8 1,141,730.63 345,435.80 (170,521.00) 1,316,645.43
Large 10 5,124,701.97 3,572,765.41 (2,117,435.29) 6,580,032.09
Total 104 7,741,371.48 4,253,153.47 (2,330,468.92) 9,664,056.03
Micro 63 652,944.68 90,480.00 (47,251.00) 696,173.68
Small 16 508,656.75 204,070.00 (37,943.00) 674,783.75
Medium 9 2,318,689.10 158,313.00 (191,855.00) 2,285,147.10
Large 3 1,237,464.72 281,119.00 (251,527.00) 1,267,056.72
Total 91 4,717,755.25 733,982.00 (528,576.00) 4,923,161.25
TOTAL TOTAL 670 35,038,981.38 10,443,293.19 (5,649,922.04) 39,832,352.53
COMMUNITY DEVELOPMENT FUND
PANGASINAN
LA UNION
ILOCOS SUR
ILOCOS NORTE
PROVINCE
Category as to
Total Assets
No. of
Reporting
Cooperatives

9. COOPERATIVEDEVELOPMENTAUTHORITY
DAGUPAN EXTENSION OFFICE
Summary of Utilization of Community DevelopmentFund (CDF)
REGION
As of December31, 2017/ CAPR_AFS 2016
Micro Small Medium Large
Pangasinan 801 399 1,785,821.89 267 99 30 3
LaUnion 236 127 1,827,162.96 83 30 12 2
Ilocos Sur 236 118 3,152,874.90 76 20 12 10
Ilocos Norte 288 115 1,379,294.62 81 21 10 3
Total 1561 759 8,145,154.37 507 170 64 18
Utilized CDF
Reporting Cooperatives by type
Province
2016No. of
Registered
Cooperative
No. of
Reporting
Cooperatives

10. COOPERATIVE DEVELOPMENT AUTHORITY
DAGUPAN EXTENSION OFFICESOURCE: AFS
CY 2016 CY 2015
8,145,154.37 5,649,922.04
Summary of Utilization
Community Development Fund (CDF)
Region 1

11. Summary of Cooperative
Education and Training Fund
(CETF) in Region I
COOPERATIVE DEVELOPMENT AUTHORITY
DAGUPAN EXTENSION OFFICESOURCE: AFS

12. COOPERATIVE DEVELOPMENT AUTHORITY
DAGUPAN EXTENSION OFFICE
FINANCIAL ASPECTS OF OPERATING COOPERATIVES
As of December 31, 2016
Based on 670 REPORTING COOPERATIVES - CAPR/AFS 2015
Beg Allocation Utilization End
Micro 238 4,321,306.72 203,713.06 (68,410.40) 4,456,609.38
Small 82 7,899,429.10 789,831.86 (211,975.60) 8,477,285.36
Medium 32 9,434,826.41 804,233.96 (922,940.91) 9,316,119.46
Large 3 1,769,371.66 831,934.67 (779,697.94) 1,821,608.39
Total 355 23,424,933.89 2,629,713.55 (1,983,024.85) 24,071,622.59
Micro 81 1,532,520.18 306,877.12 (352,762.03) 1,486,635.27
Small 27 1,745,564.48 300,286.71 (435,859.16) 1,609,992.03
Medium 10 2,271,791.16 322,256.03 (149,080.68) 2,444,966.51
Large 2 2,731,448.40 1,141,995.47 (1,290,620.18) 2,582,823.69
Total 120 8,281,324.22 2,071,415.33 (2,228,322.05) 8,124,417.50
Micro 62 1,238,511.08 114,804.69 (64,688.52) 1,288,627.25
Small 24 1,264,959.61 197,618.49 (63,021.14) 1,399,556.96
Medium 8 1,740,613.50 575,710.00 (448,097.42) 1,868,226.08
Large 10 7,320,665.09 5,161,340.03 (2,135,779.99) 10,346,225.13
Total 104 11,564,749.28 6,049,473.21 (2,711,587.07) 14,902,635.42
Micro 63 1,196,659.68 135,932.00 (167,771.00) 1,164,820.68
Small 16 1,390,605.28 78,527.00 (53,093.00) 1,416,039.28
Medium 9 1,741,489.51 224,374.00 (541,376.00) 1,424,487.51
Large 3 942,655.59 468,531.00 (267,772.00) 1,143,414.59
Total 91 5,271,410.06 907,364.00 (1,030,012.00) 5,148,762.06
TOTAL TOTAL 670 48,542,417.45 11,657,966.09 (7,952,945.97) 52,247,437.57
ILOCOS NORTE
PROVINCE
Category as to
Total Assets
No. of
Reporting
Cooperatives
COOPERATIVE EDUCATION AND TRAINING FUND
PANGASINAN
LA UNION
ILOCOS SUR

13. COOPERATIVE DEVELOPMENT AUTHORITY
DAGUPAN EXTENSION OFFICESOURCE: AFS
COOPERATIVE DEVELOPMENT AUTHORITY
DAGUPAN EXTENSION OFFICE
Summary of Utilized Cooperative Education and Training Fund
REGION
As of December 31, 2017 / CAPR_AFS 2016
Micro Small Medium Large
Pangasinan 801 399 (3,011,093.94) 267 99 30 3
La Union 236 127 (2,827,490.53) 83 30 12 2
Ilocos Sur 236 118 (5,605,041.51) 76 20 12 10
Ilocos Norte 288 115 (1,800,216.31) 81 21 10 3
Total 1561 759 (13,243,842.29) 507 170 64 18
Utilized CETF
Reporting Cooperatives by type
Province
2016 No. of
Registered
Cooperative
No. of
Reporting
Cooperatives

14. COOPERATIVE DEVELOPMENT AUTHORITY
DAGUPAN EXTENSION OFFICESOURCE: AFS
CY 2016 CY 2015
13,243,842.29 7,952,945.97
Summary of Utilization
Cooperative Education and Training Fund (CETF)
Region 1

15. COOPERATIVE DEVELOPMENT AUTHORITY
DAGUPAN EXTENSION OFFICESOURCE: AFS

16. Cooperatives are willing to undergo the desired path to growth and
progress to uplift their lives and those of their communities. They
lack the knowhow and resources. It’s all about forces to lessen the
disparities. They cannot continue to grow without investment on
them. The CDA should invest on their growth and development. We
move the needle so that hopefully we end up bringing cooperatives to
lessen disparities.
The social and economic benefits provided by cooperatives have
far reaching impact, and they need support from the government to
reach their potential as a dynamic people centered enterprise
committed to total human development. They make major
contributions to the sustainable development goals. While it is true
that they do could not eradicate poverty and economic injustice on
their own, they are certainly a part of the solution.