Board Resolution 2014 002
•Download as DOCX, PDF•
1 like•21,152 views
The document outlines the initial rules and regulations for a member's rice loan program by the L.I.P.A.D Multi-purpose Cooperative. It states that distribution of 25kg bags of rice will begin on January 30th at a price of PHP 1,050 per bag, representing a markup of PHP 115. It also provides the payment terms, which include a minimum down payment of PHP 50 and subsequent bi-monthly payments of PHP 500 on February 15th and 28th. Additionally, it limits members to a maximum of two bags per transaction and prohibits new loans if previous loans are unpaid, and will convert unpaid loans to multi-purpose loans after 5 days past the due date. Feedback on the first run of
Report
Share
Report
Share
Recommended
Board Resolution 2014-001
The document is a board resolution from the L.I.P.A.D Multi-Purpose Cooperative dated January 19, 2014 that outlines several policies. It states that registration will be postponed to allow for finalizing capital requirements, training, and implementing rules and regulations. The cooperative will conduct member-only loans and rice loans as a test. An additional 100 peso membership fee was approved to cover registration fees. A moratorium on continuous capital build-up payments was approved after minimum subscriptions are paid, and loan guidelines were sanctioned by the board.
A board resolution requesting the cooperative bank of benguet to transfer our...
The Benguet Farmers Multi-Purpose Cooperative passed a resolution requesting that the Cooperative Bank of Benguet transfer the balance from their old account number 16-07635-0 to their new account number 34-16611-7. The resolution notes that the old account has not been used and the cooperative wishes to consolidate funds into the new account. The board of directors and officers unanimously approved the resolution to be endorsed to the bank for the fund transfer.
Coop capital guidelines
The document provides guidelines for capital subscription and payment policies of the LIPAD Multi-Purpose Cooperative. The key points are:
- The par value of one share is PHP 100. Members are entitled to a minimum of 50 shares valued at PHP 5,000 upon membership, paying 5 shares or PHP 500 initially.
- Members must invest a minimum of PHP 100 per month for capital amortization. Members who fulfill the minimum subscription are eligible for voting rights and other privileges.
- There is a 30-day grace period for monthly payments. No penalties for non-payment but no retroactive payments accepted. Advanced payments require approval.
- A moratorium is in effect for continuous capital build
BIR RMC No. 124 s 2020 Tax Exemption of Cooperatives
The document discusses the requirements and obligations for cooperatives to obtain and maintain a Certificate of Tax Exemption from the Bureau of Internal Revenue in the Philippines. It outlines the application process for new and renewal certificates, as well as ongoing obligations such as submitting annual filings and informing the BIR of any changes. It also addresses other tax-related questions that cooperatives may have regarding topics like securing tax identification numbers for members, statutory contributions as deductions, withholding tax exemptions, and audit procedures.
Economic survey
This document provides an economic survey of the San Isidro Labrador Consumer Cooperative, including general information, strategic operational studies, and organizational structure. The cooperative plans to serve 150 members in its first year, growing to 200 and 300 members in subsequent years. It will initially focus on consumer operations before expanding to lending and additional services. The cooperative's initial operating capital is PHP32,400 and it projects revenues of PHP250,000, PHP300,000, and PHP350,000 in the first three years. It outlines capitalization strategies, necessary skills and training for staff and members, and the roles and responsibilities of board committees.
Board resolution Sample
This board resolution from the GK Felicity PRU Life UK Neighborhood Association documents the transfer of rights from the late Benjamin family to the Melloso family. The Benjamin family, who were the official beneficiaries, could no longer afford to pay the debts left by the parents after they passed away. The resolution states that the two children agreed to sell their rights to the interested Melloso family, who were willing to accept the rules of the association. The board of directors and officers of the association approved the resolution to transfer the rights from the Benjamin family to the Melloso family.
LIPAD CREDIT COOP BYLAWS
This document outlines the by-laws of the League of Independent People Aiming for Development Credit Cooperative (LIPADCC). It discusses the cooperative's purpose, membership requirements and types, administration including the roles of the General Assembly and Board of Directors, and elections. Key points include:
- The cooperative aims to serve residents of Birmingham Village and their relatives through credit and financial services.
- Membership has requirements including residency, education, and minimum share purchases. There are regular and associate membership types.
- The General Assembly is the highest policy-making body and meets annually or specially. It elects the Board of Directors.
- The Board of Directors provides policy direction, plans strategy, and oversees
Coop loan guidelines
The document provides guidelines for the credit policies of the LIPAD Multi-Purpose Cooperative. To be eligible for loans, members must be in good standing by meeting requirements such as being a bona-fide member with minimum paid-up share capital. The cooperative offers different types of loans including productive, provident, and special loans. Current loan offerings include petty cash loans and short-term loans. The guidelines outline loan terms, interest rates, application procedures and other policies to effectively provide competitive loan services to members.
Recommended
Board Resolution 2014-001
The document is a board resolution from the L.I.P.A.D Multi-Purpose Cooperative dated January 19, 2014 that outlines several policies. It states that registration will be postponed to allow for finalizing capital requirements, training, and implementing rules and regulations. The cooperative will conduct member-only loans and rice loans as a test. An additional 100 peso membership fee was approved to cover registration fees. A moratorium on continuous capital build-up payments was approved after minimum subscriptions are paid, and loan guidelines were sanctioned by the board.
A board resolution requesting the cooperative bank of benguet to transfer our...
The Benguet Farmers Multi-Purpose Cooperative passed a resolution requesting that the Cooperative Bank of Benguet transfer the balance from their old account number 16-07635-0 to their new account number 34-16611-7. The resolution notes that the old account has not been used and the cooperative wishes to consolidate funds into the new account. The board of directors and officers unanimously approved the resolution to be endorsed to the bank for the fund transfer.
Coop capital guidelines
The document provides guidelines for capital subscription and payment policies of the LIPAD Multi-Purpose Cooperative. The key points are:
- The par value of one share is PHP 100. Members are entitled to a minimum of 50 shares valued at PHP 5,000 upon membership, paying 5 shares or PHP 500 initially.
- Members must invest a minimum of PHP 100 per month for capital amortization. Members who fulfill the minimum subscription are eligible for voting rights and other privileges.
- There is a 30-day grace period for monthly payments. No penalties for non-payment but no retroactive payments accepted. Advanced payments require approval.
- A moratorium is in effect for continuous capital build
BIR RMC No. 124 s 2020 Tax Exemption of Cooperatives
The document discusses the requirements and obligations for cooperatives to obtain and maintain a Certificate of Tax Exemption from the Bureau of Internal Revenue in the Philippines. It outlines the application process for new and renewal certificates, as well as ongoing obligations such as submitting annual filings and informing the BIR of any changes. It also addresses other tax-related questions that cooperatives may have regarding topics like securing tax identification numbers for members, statutory contributions as deductions, withholding tax exemptions, and audit procedures.
Economic survey
This document provides an economic survey of the San Isidro Labrador Consumer Cooperative, including general information, strategic operational studies, and organizational structure. The cooperative plans to serve 150 members in its first year, growing to 200 and 300 members in subsequent years. It will initially focus on consumer operations before expanding to lending and additional services. The cooperative's initial operating capital is PHP32,400 and it projects revenues of PHP250,000, PHP300,000, and PHP350,000 in the first three years. It outlines capitalization strategies, necessary skills and training for staff and members, and the roles and responsibilities of board committees.
Board resolution Sample
This board resolution from the GK Felicity PRU Life UK Neighborhood Association documents the transfer of rights from the late Benjamin family to the Melloso family. The Benjamin family, who were the official beneficiaries, could no longer afford to pay the debts left by the parents after they passed away. The resolution states that the two children agreed to sell their rights to the interested Melloso family, who were willing to accept the rules of the association. The board of directors and officers of the association approved the resolution to transfer the rights from the Benjamin family to the Melloso family.
LIPAD CREDIT COOP BYLAWS
This document outlines the by-laws of the League of Independent People Aiming for Development Credit Cooperative (LIPADCC). It discusses the cooperative's purpose, membership requirements and types, administration including the roles of the General Assembly and Board of Directors, and elections. Key points include:
- The cooperative aims to serve residents of Birmingham Village and their relatives through credit and financial services.
- Membership has requirements including residency, education, and minimum share purchases. There are regular and associate membership types.
- The General Assembly is the highest policy-making body and meets annually or specially. It elects the Board of Directors.
- The Board of Directors provides policy direction, plans strategy, and oversees
Coop loan guidelines
The document provides guidelines for the credit policies of the LIPAD Multi-Purpose Cooperative. To be eligible for loans, members must be in good standing by meeting requirements such as being a bona-fide member with minimum paid-up share capital. The cooperative offers different types of loans including productive, provident, and special loans. Current loan offerings include petty cash loans and short-term loans. The guidelines outline loan terms, interest rates, application procedures and other policies to effectively provide competitive loan services to members.
How to Register a Primary Cooperative
The document provides information on how to register a cooperative with the Cooperative Development Authority (CDA) in the Philippines. There are 9 steps to registering a cooperative: 1) organize members, 2) reserve the cooperative name, 3) prepare an economic survey, 4) prepare bylaws, 5) prepare articles of cooperation, 6) secure bonds for accountable officers, 7) execute a treasurer's affidavit, 8) complete cooperative education, 9) register with CDA. Registration fees vary from 500 PHP for primary cooperatives to 3,000 PHP for tertiary cooperatives. The CDA is the sole agency responsible for registering all types of cooperatives in the Philippines.
Implementing Rules of the Local Government Code of the Philippines
This document outlines rules and regulations for implementing the Local Government Code of 1991 in the Philippines. It discusses policies around decentralization and local autonomy. It also establishes guidelines for creating, dividing, merging, and altering the boundaries of local government units (LGUs) like provinces, cities, municipalities, and barangays. Requirements are outlined for income, population, and land area needed to create or reclassify LGUs. The process involves petitions, certifications, and plebiscites.
Fundamental of Cooperatives by PCEDO and PCDC
This document provides an overview of fundamentals of cooperatives from the perspective of CDA Regional Office 1. It discusses legal bases for cooperatives, requirements such as developing a strategic plan within 90 days of registration and having the strategic plan approved by members. It also outlines requirements for an annual plan, hiring an external auditor, and accepting audited financial statements. Additional topics covered include developing education and training plans, gender and development plans, succession plans, and policies on training fund allocation. The document emphasizes the importance of continuous learning, taking small steps, prioritizing education and training, and what makes cooperatives unique in being member-owned and values-based. It concludes with messages about the importance of compliance, capital build up,
Cooperative Structure.pptx
The document outlines the organizational structure of a cooperative, including its various governing bodies and committees. The highest policy-making body is the General Assembly, composed of all voting members. It determines amendments, elects the Board of Directors, and approves development plans. The Board of Directors manages the day-to-day operations. Additional bodies include the Treasurer, Secretary, Mediation Committee, Audit Committee, Election Committee, and Ethics Committee, each with defined roles and responsibilities.
Implementing Rules and regulations of RA 9520
The revised implementing rules and regulations of the Philippine Cooperative Code of 2008 (RA 9520) highlight several key changes, including redefining certain terms, restricting the registration of multipurpose cooperatives, restructuring training requirements for cooperative officers, simplifying reporting requirements, and clarifying the roles of partner agencies in cooperative registration and regulation. The revisions also address subsidiary cooperatives, representative assemblies, mergers and consolidations, and capitalization and accounting procedures.
Pre Membership Education Seminar (PMES)
The document provides information about organizing a primary cooperative, including requirements for membership, articles of cooperation, bylaws, registration, and types of membership. Fifteen or more individuals who are Filipino citizens of legal age and have a common bond can organize a cooperative by submitting economic data, articles of cooperation, and bylaws to the cooperative authority for registration. A cooperative has legal status once registered and issues certificates of registration. Membership types include regular and associate members. Government officers and employees have restrictions on cooperative involvement.
Laboratory Cooperative Article of Cooperation and By Laws Template
This document contains the articles of cooperation and bylaws for a laboratory cooperative organized under Philippine law. The articles outline the cooperative's name, purpose, term of existence, area of operations, names of minor members, authorized officers, and share capital structure. The bylaws further describe membership qualifications and requirements, duties of members, and members' rights. Key details of the cooperative are not filled in, as this appears to be a template.
Lipad eco surveyx
The document is an economic survey of the League of Independent People Aiming for Development Multi-Purpose Cooperative (L.I.P.A.D.MPC), formed by residents of Birmingham Village, Philippines. The cooperative aims to provide savings, retirement, financial education, job opportunities, and social/economic development for its members. It plans to strengthen members through income generation, self-sufficiency, and financial/social education. The survey details the cooperative's general information, strategic operational plan, projected membership growth, capitalization strategy, estimated revenues/expenses, necessary equipment and training, and organizational structure for its first three years of operation.
Codification of ORDINANCES
The document outlines the process for codifying ordinances for a local government unit. It involves compiling all existing ordinances, conducting an inventory to identify missing, amended, repealed or obsolete ordinances, classifying ordinances by subject matter, revising ordinance language for clarity, and supplementing the code as needed. The codified ordinances are organized into a code with various parts, including a title and enacting clause. The process aims to consolidate all valid ordinances into a single code for proper enforcement.
Strategic Plan Execution for Cooperatives
The document discusses strategic planning and management for cooperatives. It provides examples of programs and projects from cooperatives like Narra Multi-Purpose Cooperative and Tubao Credit Cooperative. It also outlines key responsibilities for cooperative boards, including formulating strategic plans, setting policies and procedures, and overseeing management. Strategies for cooperatives are described as the means to deliver services and pursue objectives through building capability, allocating resources, motivating people, and driving continuous improvement.
Orientation for Cooperative in Education and Training Committee
The document provides an orientation for the Education and Training Committee (ETC) of a cooperative. It discusses the composition, roles, and responsibilities of the ETC. The ETC is responsible for planning, developing, implementing, and evaluating educational programs for cooperative members, officers, and staff. This includes developing training materials, implementing educational plans, and reporting annually to the General Assembly. The ETC also oversees membership recruitment, sustainability, and continuing education efforts.
Online PMES - Cooperative FAQ's
The document outlines the 9 step process for organizing a cooperative in the Philippines according to the Cooperative Code of the Philippines. The steps include getting organized, reserving a cooperative name, preparing an economic survey and bylaws, securing bonds for accountable officers, completing a treasurer's affidavit, attending a pre-membership education seminar, and registering the cooperative with the Cooperative Development Authority. It also provides details on the types of cooperatives, membership categories, and privileges cooperatives can enjoy once registered.
Exemption of Cooperatives from the payment of local taxes, fees, and charges ...
This document summarizes a presentation given by the Cooperative Development Authority (CDA) on exempting cooperatives from local taxes, fees, and charges in accordance with Bureau of Local Government Finance (BLGF) Memorandum Circular No. 31-2009. It highlights that the circular exempts duly registered cooperatives from local taxes and limits fees and charges to Php 1,500 for a mayor's permit (Php 1,000) and community tax certificate (Php 500). However, some local government units have improperly imposed additional taxes and fees exceeding this limit. The CDA has requested compliance with the circular to protect cooperatives from inappropriate local taxation.
Guide on Cooperative Operation and Management
This document provides guidelines and checklists for cooperative operations and management in various areas. It outlines policies, programs, plans and manuals that Philippine cooperatives should have in place to properly guide their operations. These include development plans, annual plans and budgets, social development plans, education and training plans, board resolutions on human resources, finances and more. The document also provides templates to track performance indicators over multiple years.
Governance and Management for Co ops
by Dir Salvador V. Valeroso
CDA CALABARZON Regional Office
Resource Person February 26, 2021
Via Tulong Balita Online
Ethics and Conduct Policy for Cooperatives
The document outlines the ethics and conduct policy for cooperatives. It establishes an Ethics Committee to develop and implement an ethics code, monitor compliance, and handle complaints. The committee is responsible for investigating violations and recommending sanctions to the Board of Directors. The policy then lists various offenses and violations, such as conflicts of interest, nepotism, abuse of resources, falsifying information, and more. It also specifies liabilities for directors, officers, and committee members who violate their duties.
Financial Management for Cooperatives
This document discusses key aspects of financial management for cooperatives. It begins by defining financial management and its objectives, which include ensuring adequate and regular funding, optimal fund utilization, and safety of investments. It then outlines functions such as estimating capital needs, determining capital composition, choosing funding sources, and managing cash. The document also discusses internal controls for cash, accounts receivable, and inventories. Overall, the document provides a comprehensive overview of financial management processes for cooperatives.
Introduction & Rationale of the Capacity Building Program for the CDA
The document discusses the Cooperative Development Authority Charter of 2019 (RA 11364) which expanded the powers of the Cooperative Development Authority from 15 to 37 powers. It also discusses the implementing rules and regulations of the charter. Next, it outlines some of the new powers and responsibilities of the Authority including developing training programs for cooperatives and establishing training standards. It provides details on training requirements for cooperative officers. Finally, it discusses the scheduled organization of the Regionwide Organization of Cooperatives for Northern Luzon regions 1, 2, 3 and the Cordillera Administrative Region.
Delinquency control & capital build up for cooperatives
The document discusses strategies for controlling delinquency and building capital in cooperatives. It outlines common reasons for borrowing and delinquency, such as sickness, job loss, or natural disasters. To minimize delinquency, cooperatives should provide continuous education to members on cooperative principles and financial responsibilities. They should also properly evaluate loan applications. Some strategies for capital build up include cooperative education, raffle draws tied to share purchases, annual dues, and voluntary savings programs like door-to-door collections or salary deductions. Maintaining sufficient capital is important for cooperatives to provide services to members and remain self-financed enterprises.
Governance and Mgmt for Co-ops Part - I.pdf
The document discusses governance and management requirements for cooperatives in the Philippines. It outlines the required training courses for different types of cooperatives, including fundamentals of cooperatives and governance and management. It specifies the training hours and topics required for officers of micro-cooperatives versus larger cooperatives. Additional optional trainings are also recommended to enhance officers' skills in areas like financial management, leadership, and strategic planning. Guidelines include a requirement for officers to complete mandatory trainings within the first half of their term.
More Related Content
What's hot
How to Register a Primary Cooperative
The document provides information on how to register a cooperative with the Cooperative Development Authority (CDA) in the Philippines. There are 9 steps to registering a cooperative: 1) organize members, 2) reserve the cooperative name, 3) prepare an economic survey, 4) prepare bylaws, 5) prepare articles of cooperation, 6) secure bonds for accountable officers, 7) execute a treasurer's affidavit, 8) complete cooperative education, 9) register with CDA. Registration fees vary from 500 PHP for primary cooperatives to 3,000 PHP for tertiary cooperatives. The CDA is the sole agency responsible for registering all types of cooperatives in the Philippines.
Implementing Rules of the Local Government Code of the Philippines
This document outlines rules and regulations for implementing the Local Government Code of 1991 in the Philippines. It discusses policies around decentralization and local autonomy. It also establishes guidelines for creating, dividing, merging, and altering the boundaries of local government units (LGUs) like provinces, cities, municipalities, and barangays. Requirements are outlined for income, population, and land area needed to create or reclassify LGUs. The process involves petitions, certifications, and plebiscites.
Fundamental of Cooperatives by PCEDO and PCDC
This document provides an overview of fundamentals of cooperatives from the perspective of CDA Regional Office 1. It discusses legal bases for cooperatives, requirements such as developing a strategic plan within 90 days of registration and having the strategic plan approved by members. It also outlines requirements for an annual plan, hiring an external auditor, and accepting audited financial statements. Additional topics covered include developing education and training plans, gender and development plans, succession plans, and policies on training fund allocation. The document emphasizes the importance of continuous learning, taking small steps, prioritizing education and training, and what makes cooperatives unique in being member-owned and values-based. It concludes with messages about the importance of compliance, capital build up,
Cooperative Structure.pptx
The document outlines the organizational structure of a cooperative, including its various governing bodies and committees. The highest policy-making body is the General Assembly, composed of all voting members. It determines amendments, elects the Board of Directors, and approves development plans. The Board of Directors manages the day-to-day operations. Additional bodies include the Treasurer, Secretary, Mediation Committee, Audit Committee, Election Committee, and Ethics Committee, each with defined roles and responsibilities.
Implementing Rules and regulations of RA 9520
The revised implementing rules and regulations of the Philippine Cooperative Code of 2008 (RA 9520) highlight several key changes, including redefining certain terms, restricting the registration of multipurpose cooperatives, restructuring training requirements for cooperative officers, simplifying reporting requirements, and clarifying the roles of partner agencies in cooperative registration and regulation. The revisions also address subsidiary cooperatives, representative assemblies, mergers and consolidations, and capitalization and accounting procedures.
Pre Membership Education Seminar (PMES)
The document provides information about organizing a primary cooperative, including requirements for membership, articles of cooperation, bylaws, registration, and types of membership. Fifteen or more individuals who are Filipino citizens of legal age and have a common bond can organize a cooperative by submitting economic data, articles of cooperation, and bylaws to the cooperative authority for registration. A cooperative has legal status once registered and issues certificates of registration. Membership types include regular and associate members. Government officers and employees have restrictions on cooperative involvement.
Laboratory Cooperative Article of Cooperation and By Laws Template
This document contains the articles of cooperation and bylaws for a laboratory cooperative organized under Philippine law. The articles outline the cooperative's name, purpose, term of existence, area of operations, names of minor members, authorized officers, and share capital structure. The bylaws further describe membership qualifications and requirements, duties of members, and members' rights. Key details of the cooperative are not filled in, as this appears to be a template.
Lipad eco surveyx
The document is an economic survey of the League of Independent People Aiming for Development Multi-Purpose Cooperative (L.I.P.A.D.MPC), formed by residents of Birmingham Village, Philippines. The cooperative aims to provide savings, retirement, financial education, job opportunities, and social/economic development for its members. It plans to strengthen members through income generation, self-sufficiency, and financial/social education. The survey details the cooperative's general information, strategic operational plan, projected membership growth, capitalization strategy, estimated revenues/expenses, necessary equipment and training, and organizational structure for its first three years of operation.
Codification of ORDINANCES
The document outlines the process for codifying ordinances for a local government unit. It involves compiling all existing ordinances, conducting an inventory to identify missing, amended, repealed or obsolete ordinances, classifying ordinances by subject matter, revising ordinance language for clarity, and supplementing the code as needed. The codified ordinances are organized into a code with various parts, including a title and enacting clause. The process aims to consolidate all valid ordinances into a single code for proper enforcement.
Strategic Plan Execution for Cooperatives
The document discusses strategic planning and management for cooperatives. It provides examples of programs and projects from cooperatives like Narra Multi-Purpose Cooperative and Tubao Credit Cooperative. It also outlines key responsibilities for cooperative boards, including formulating strategic plans, setting policies and procedures, and overseeing management. Strategies for cooperatives are described as the means to deliver services and pursue objectives through building capability, allocating resources, motivating people, and driving continuous improvement.
Orientation for Cooperative in Education and Training Committee
The document provides an orientation for the Education and Training Committee (ETC) of a cooperative. It discusses the composition, roles, and responsibilities of the ETC. The ETC is responsible for planning, developing, implementing, and evaluating educational programs for cooperative members, officers, and staff. This includes developing training materials, implementing educational plans, and reporting annually to the General Assembly. The ETC also oversees membership recruitment, sustainability, and continuing education efforts.
Online PMES - Cooperative FAQ's
The document outlines the 9 step process for organizing a cooperative in the Philippines according to the Cooperative Code of the Philippines. The steps include getting organized, reserving a cooperative name, preparing an economic survey and bylaws, securing bonds for accountable officers, completing a treasurer's affidavit, attending a pre-membership education seminar, and registering the cooperative with the Cooperative Development Authority. It also provides details on the types of cooperatives, membership categories, and privileges cooperatives can enjoy once registered.
Exemption of Cooperatives from the payment of local taxes, fees, and charges ...
This document summarizes a presentation given by the Cooperative Development Authority (CDA) on exempting cooperatives from local taxes, fees, and charges in accordance with Bureau of Local Government Finance (BLGF) Memorandum Circular No. 31-2009. It highlights that the circular exempts duly registered cooperatives from local taxes and limits fees and charges to Php 1,500 for a mayor's permit (Php 1,000) and community tax certificate (Php 500). However, some local government units have improperly imposed additional taxes and fees exceeding this limit. The CDA has requested compliance with the circular to protect cooperatives from inappropriate local taxation.
Guide on Cooperative Operation and Management
This document provides guidelines and checklists for cooperative operations and management in various areas. It outlines policies, programs, plans and manuals that Philippine cooperatives should have in place to properly guide their operations. These include development plans, annual plans and budgets, social development plans, education and training plans, board resolutions on human resources, finances and more. The document also provides templates to track performance indicators over multiple years.
Governance and Management for Co ops
by Dir Salvador V. Valeroso
CDA CALABARZON Regional Office
Resource Person February 26, 2021
Via Tulong Balita Online
Ethics and Conduct Policy for Cooperatives
The document outlines the ethics and conduct policy for cooperatives. It establishes an Ethics Committee to develop and implement an ethics code, monitor compliance, and handle complaints. The committee is responsible for investigating violations and recommending sanctions to the Board of Directors. The policy then lists various offenses and violations, such as conflicts of interest, nepotism, abuse of resources, falsifying information, and more. It also specifies liabilities for directors, officers, and committee members who violate their duties.
Financial Management for Cooperatives
This document discusses key aspects of financial management for cooperatives. It begins by defining financial management and its objectives, which include ensuring adequate and regular funding, optimal fund utilization, and safety of investments. It then outlines functions such as estimating capital needs, determining capital composition, choosing funding sources, and managing cash. The document also discusses internal controls for cash, accounts receivable, and inventories. Overall, the document provides a comprehensive overview of financial management processes for cooperatives.
Introduction & Rationale of the Capacity Building Program for the CDA
The document discusses the Cooperative Development Authority Charter of 2019 (RA 11364) which expanded the powers of the Cooperative Development Authority from 15 to 37 powers. It also discusses the implementing rules and regulations of the charter. Next, it outlines some of the new powers and responsibilities of the Authority including developing training programs for cooperatives and establishing training standards. It provides details on training requirements for cooperative officers. Finally, it discusses the scheduled organization of the Regionwide Organization of Cooperatives for Northern Luzon regions 1, 2, 3 and the Cordillera Administrative Region.
Delinquency control & capital build up for cooperatives
The document discusses strategies for controlling delinquency and building capital in cooperatives. It outlines common reasons for borrowing and delinquency, such as sickness, job loss, or natural disasters. To minimize delinquency, cooperatives should provide continuous education to members on cooperative principles and financial responsibilities. They should also properly evaluate loan applications. Some strategies for capital build up include cooperative education, raffle draws tied to share purchases, annual dues, and voluntary savings programs like door-to-door collections or salary deductions. Maintaining sufficient capital is important for cooperatives to provide services to members and remain self-financed enterprises.
Governance and Mgmt for Co-ops Part - I.pdf
The document discusses governance and management requirements for cooperatives in the Philippines. It outlines the required training courses for different types of cooperatives, including fundamentals of cooperatives and governance and management. It specifies the training hours and topics required for officers of micro-cooperatives versus larger cooperatives. Additional optional trainings are also recommended to enhance officers' skills in areas like financial management, leadership, and strategic planning. Guidelines include a requirement for officers to complete mandatory trainings within the first half of their term.
What's hot (20)
Implementing Rules of the Local Government Code of the Philippines
Implementing Rules of the Local Government Code of the Philippines
Laboratory Cooperative Article of Cooperation and By Laws Template
Laboratory Cooperative Article of Cooperation and By Laws Template
Orientation for Cooperative in Education and Training Committee
Orientation for Cooperative in Education and Training Committee
Exemption of Cooperatives from the payment of local taxes, fees, and charges ...
Exemption of Cooperatives from the payment of local taxes, fees, and charges ...
Introduction & Rationale of the Capacity Building Program for the CDA
Introduction & Rationale of the Capacity Building Program for the CDA
Delinquency control & capital build up for cooperatives
Delinquency control & capital build up for cooperatives
Board Resolution 2014 002
- 1. 28th BR002-2014 of December 2014 L.I.P.A.D MULTI-PURPOSE COOPERATIVE Board Resolution No.002 Series of 2014 Initial Implementing Rules and Regulations Concerning Member’s Rice Loan Following the Initial Board and Core Persons Meeting held last 28th of December; the following policies shall be applied and set into implementation by the Lipad Multi-purpose Cooperative. Whereas, the distribution of Rice (25 kg) shall commence on Jan. 30, 2014 pursuant to the previous Board Resolution. Whereas, upon majority of the Board decision, the initial mark-up on the first batch of rice loans shall be ONE HUNDRED FIFTEEN PESOS (PHP 115.00). - Wholesale Price = PHP 935.00 Market Value = PHP 1,125.00 Coop Price = PHP 1,050.00 Profit per 25 kg sack = PHP 115.00 Whereas, a down payment of at least FIFTY PESOS (PHP 50) shall be collected on the General Assembly; The payment shall be non-collection, at one bi-month (15/30) payment of PHP 500 at February 15 and the balance of PHP 500 at February 28, 2014. All information on payment terms and other information shall be relayed during delivery and distribution. Whereas, majority of the Board decision agreed upon that there shall be a maximum limit of two (2) 25 kg per member allocation per transaction and no new loan shall be approved until full payment of previous loan. Whereas, non-payment of outstanding rice loan shall convert it into a multi-purpose loan FIVE (5) days upon due date, and interests and terms of the said loan shall apply. Whereas, all comments and feedbacks concerning the First Run of the Rice loan shall be collected and reviewed by the Board on the General Assembly on January 31, 2014. Approved this 19th day of January, 2014 at Pulo, City of Cabuyao, Laguna, Philippines. Jay de jorge Board Chairperson Angelo James Furto Page 1 Eldina Navea Andres Aragon Jeniffer Zaporteza Jinalyn Paat Rodan Belesario