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COOPERATIVE ORIENTATION
Pre-Membership Education Seminar (PMES)
Semantrix Multi Purpose Cooperative (SMPC)
SCOPE:
• FREQUENTLY ASKED QUESTIONS
• MANAGEMENT
• ORGANIZATION
• REGISTRATION
FREQUENTLY ASKED
QUESTIONS
What is a Cooperative?
• AUTONOMOUS AND DULY REGISTERED ASSOCIATION
• COMMON BOND OF INTEREST
• VOLUNTARILY JOINED TOGETHER
• ACHIEVE THEIR SOCIAL, ECONOMIC AND CULTURAL
NEEDS AND ASPIRATIONS
• EQUITABLE CONTRIBUTIONS (capital share)
• PATRONIZING THEIR PRODUCTS AND SERVICES
• RISKS AND BENEFITS
• COOPERATIVE PRINCIPLES
What is Semantrix Multi Purpose
Cooperative?
AUTONOMOUS AND DULY REGISTERED ASSOCIATION
with the following agencies:
 Cooperative Development Authority (CDA)
 Department of Labor and Employment (DOLE)
(as Service Contractor)
 Bureau of Internal Revenue (BIR)
 Social Security System (SSS)
 Philhealth
 Home Development Mutual Fund/Pag-ibig (HDMF)
 Local Government Unit – Pasay City
What are the kinds of Common Bond of
Interest?
• Residential
• Associational
• Institutional
• Occupational
What are kinds of Membership?
• Regular Membership
 Entitled to vote and be voted
 minimum subscribe capital of 315 shares
or Php31,500 & pay minimum of 79 shares upon
approval of membership
Associate Membership
 Cannot vote and be voted
 minimum subscribe capital of 10 shares
or Php1,000 & pay minimum of 3 shares upon
approval of membership
Cont. MEMBERSHIP
An associate member who meets the minimum
requirements of regular membership,
continuous to patronize the cooperative for two
(2) years, and signifies his/her intention to
remain a member shall be considered a regular
member
Cont. MEMBERSHIP
Requirements for Membership
1. Approved application for membership
2.Certificate of completion of the prescribed
Pre-Membership Education Seminar (PMES)
3. Subscribed and paid the required minimum share
capital
4. Payment of Php 500 membership fee upon
membership approval; non-refundable
5. With good moral character
What are the benefits of a
Cooperative member?
• Economic Benefits
- Credit Facilities
- Interest on Share Capital
- Patronage Refund
- Economies of Scale
- Marketing Assistance
Cont. Benefits
• Social Benefits
- Providential Assistance
- Continuous Education and Training
- Other Social Programs
- group insurance/housing/medical &
dental services/scholarships, etc.
• Political Benefits
- Advocacy
- Check and Balance.
What are the possible sources of
funds of the Cooperative?
• INTERNAL SOURCES
Share Capital
- Initial Subscription
- Continuous Capital Build-up
Cont. Internal Sources of Funds
Deposits of Members
- Regular Savings Deposit
- Time Deposit
Loan/s or Borrowing/s from Member/s
Cont. Internal Sources of Funds
Revolving Capital
- Net surplus or Net saving /Interest on
Share Capital
- Patronage Refund
Retentions
- Services
- Goods
Cont. Sources of Funds
• External Sources
Loans or Borrowings
Subsidies/Grants/Aids/Donations
What are the Duties and Responsibilities of a
Member?
Every member shall have the following duties:
• Pay the installment of his share capital subscription as it
falls due and to participate in the capital build-up and
savings mobilization activities of the Cooperative;
• Patronize the Cooperative’s businesses and services;
• Participate in the membership education programs;
Cont. Duties and Responsibilities of a
Member
• Attend and participate during general assembly
meetings;
• Observe and obey all lawful orders, decisions, rules and
regulations adopted by the Board of Directors and the
general assembly; and
• Promote the purposes and goals of the Cooperative, the
success of its business, the welfare of its members and the
cooperative movement in general.
What are the differences among other types of
organization and a Cooperative?
The member-usersThe member-users
Generally non-
members
Generally non-
members
4. Customer4. Customer
Can make use ofCan make use of
the services of thethe services of the
coop and willing tocoop and willing to
acceptaccept
responsibilities ofresponsibilities of
membershipmembership
AAbility or capacity
to invest or render
service
Ability or capacity
to buy shares of
stocks
3. Basic requisite for3. Basic requisite for
membership/membership/
ownershipownership
Service aboveService above
profitprofit
To make profitTo make profit
2. Primary purpose/2. Primary purpose/
motivationmotivation
RA 9520RA 9520
RA 6939RA 6939
Partnership LawCorporation Law
1. Legal basis of1. Legal basis of
organizationorganization
COOPERATIVECOOPERATIVEPARTNERSHIPPARTNERSHIP
ORDINARYORDINARY
CORPORATIONSCORPORATIONS
PARTICULARSPARTICULARS
Continuous coopContinuous coop
education programeducation program..
----
10. Educational10. Educational
ProgramProgram
Share Capital &Share Capital &
PatronagePatronage
Pro-rated to their
capital
contribution
Share of Stock
9. Basis for9. Basis for
distribution ofdistribution of
savings/profitsavings/profit
Limited and conformsLimited and conforms
to govt regulationsto govt regulations
No limitNo limit
8. Rate of Interest8. Rate of Interest
of Share Capitalof Share Capital
(ROI)(ROI)
Coop Principles &Coop Principles &
Business Mngt.Business Mngt.
PrinciplesPrinciples
Partnership
Principles
Business Mngt.
Principles
7. Principles7. Principles
governinggoverning
operationsoperations
Members, Board ofMembers, Board of
Directors & HiredDirectors & Hired
ManagementManagement
Shared or
appointed
Board of Directors
& Hired
Management
6. Components of6. Components of
managementmanagement
““One member, oneOne member, one
vote”vote”
Equal voting
rights
Shares of common
stock
5. Basis of voting5. Basis of voting
PARTICULARSPARTICULARS
ORDINARYORDINARY
CORPORATIONSCORPORATIONS PARTNERSHIPPARTNERSHIP COOPERATIVECOOPERATIVE
ORGANIZATIONORGANIZATION
SEMANTRIX MULTI PURPOSE COOPRATIVE
Principal Address:
Room 205, 2nd
Floor Diplomat Condominium
Roxas Boulevard corner Russel St. Pasay City
(in between Heritage Hotel & Redemptorist Church)
Telephone nos:
781-3145 * 8515156 * 8513292 * 09228288097
Office hours:
Mondays to Fridays 8am – 5pm
GENERAL ASSEMBLY
AUDIT
COMMITTE
ELECTION
COMMITTEE
BOARD OF
DIRECTORS
EDUCATION
COMMITTEE
MANAGEMENT STAFF
Treasurer
Secretary
ETHICS
COMMITTEE
CONCILIATION
COMMITTEE
MEMBERSHIPMEMBERSHIP
REGISTRATIONREGISTRATION
andand
SERVICES CONTRACTINGSERVICES CONTRACTING
REGISTRATION OF ASSOCIATE MEMBERS
FOR JOB PLACEMENT
I. Applicants selected for hiring or placement to clients are
required to accomplish and submit additional
documents/information; not later than 5 days prior to
the date of employment and acceptance of membership
1.Duly accomplished application form with 2 pcs. 1x1
picture
2.NBI and Police clearances
3.Clearances or certification from previous employer/s, if
any
4.Birth Certificate & Marriage Contract (if married) in
NSO paper
Cont. REGISTRATION OF ASSOCIATE MEMBERS FOR
JOB PLACEMENT
5. Transcript of record (college graduates/level) or High
school report card/diploma (HS grad)
6. Medical Certificate or result of pre employment
medical examination indicating fitness to work
together with laboratory results on urinalysis, fecalysis,
drug test and chest x- ray
7. TIN, SSS, Phil health and HDMF Numbers/ photocopy
of ID if available
Cont. REGISTRATION OF ASSOCIATE MEMBERS FOR
JOB PLACEMENT
II. Membership agreement
1.membership fee
2.capital share
3.dividend interest
4.withdrawal
Cont. REGISTRATION OF ASSOCIATE MEMBERS FOR
JOB PLACEMENT
III. Employment Contract
1.Cooperative ID card
2.Daily time record/bundy card
3.DTR cut off: 1-15th
and 16-31st
of the month due not later than
17th
and 2nd
of the month, respectively (late timecards will be
processed next paydate)
4.Payroll crediting/release: 10th
and 25th
of every month
5.Government mandated deductions: SSS, Philhealth, HDMF
6.Coop deduction: membership fee, capital share, loan, CA
7.ATM Application
8.Uniform – as required by client
Thank You &
Welcome to

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semantrix

  • 1. COOPERATIVE ORIENTATION Pre-Membership Education Seminar (PMES) Semantrix Multi Purpose Cooperative (SMPC)
  • 2. SCOPE: • FREQUENTLY ASKED QUESTIONS • MANAGEMENT • ORGANIZATION • REGISTRATION
  • 4. What is a Cooperative? • AUTONOMOUS AND DULY REGISTERED ASSOCIATION • COMMON BOND OF INTEREST • VOLUNTARILY JOINED TOGETHER • ACHIEVE THEIR SOCIAL, ECONOMIC AND CULTURAL NEEDS AND ASPIRATIONS • EQUITABLE CONTRIBUTIONS (capital share) • PATRONIZING THEIR PRODUCTS AND SERVICES • RISKS AND BENEFITS • COOPERATIVE PRINCIPLES
  • 5. What is Semantrix Multi Purpose Cooperative? AUTONOMOUS AND DULY REGISTERED ASSOCIATION with the following agencies:  Cooperative Development Authority (CDA)  Department of Labor and Employment (DOLE) (as Service Contractor)  Bureau of Internal Revenue (BIR)  Social Security System (SSS)  Philhealth  Home Development Mutual Fund/Pag-ibig (HDMF)  Local Government Unit – Pasay City
  • 6. What are the kinds of Common Bond of Interest? • Residential • Associational • Institutional • Occupational
  • 7. What are kinds of Membership? • Regular Membership  Entitled to vote and be voted  minimum subscribe capital of 315 shares or Php31,500 & pay minimum of 79 shares upon approval of membership Associate Membership  Cannot vote and be voted  minimum subscribe capital of 10 shares or Php1,000 & pay minimum of 3 shares upon approval of membership
  • 8. Cont. MEMBERSHIP An associate member who meets the minimum requirements of regular membership, continuous to patronize the cooperative for two (2) years, and signifies his/her intention to remain a member shall be considered a regular member
  • 9. Cont. MEMBERSHIP Requirements for Membership 1. Approved application for membership 2.Certificate of completion of the prescribed Pre-Membership Education Seminar (PMES) 3. Subscribed and paid the required minimum share capital 4. Payment of Php 500 membership fee upon membership approval; non-refundable 5. With good moral character
  • 10. What are the benefits of a Cooperative member? • Economic Benefits - Credit Facilities - Interest on Share Capital - Patronage Refund - Economies of Scale - Marketing Assistance
  • 11. Cont. Benefits • Social Benefits - Providential Assistance - Continuous Education and Training - Other Social Programs - group insurance/housing/medical & dental services/scholarships, etc. • Political Benefits - Advocacy - Check and Balance.
  • 12. What are the possible sources of funds of the Cooperative? • INTERNAL SOURCES Share Capital - Initial Subscription - Continuous Capital Build-up
  • 13. Cont. Internal Sources of Funds Deposits of Members - Regular Savings Deposit - Time Deposit Loan/s or Borrowing/s from Member/s
  • 14. Cont. Internal Sources of Funds Revolving Capital - Net surplus or Net saving /Interest on Share Capital - Patronage Refund Retentions - Services - Goods
  • 15. Cont. Sources of Funds • External Sources Loans or Borrowings Subsidies/Grants/Aids/Donations
  • 16. What are the Duties and Responsibilities of a Member? Every member shall have the following duties: • Pay the installment of his share capital subscription as it falls due and to participate in the capital build-up and savings mobilization activities of the Cooperative; • Patronize the Cooperative’s businesses and services; • Participate in the membership education programs;
  • 17. Cont. Duties and Responsibilities of a Member • Attend and participate during general assembly meetings; • Observe and obey all lawful orders, decisions, rules and regulations adopted by the Board of Directors and the general assembly; and • Promote the purposes and goals of the Cooperative, the success of its business, the welfare of its members and the cooperative movement in general.
  • 18. What are the differences among other types of organization and a Cooperative? The member-usersThe member-users Generally non- members Generally non- members 4. Customer4. Customer Can make use ofCan make use of the services of thethe services of the coop and willing tocoop and willing to acceptaccept responsibilities ofresponsibilities of membershipmembership AAbility or capacity to invest or render service Ability or capacity to buy shares of stocks 3. Basic requisite for3. Basic requisite for membership/membership/ ownershipownership Service aboveService above profitprofit To make profitTo make profit 2. Primary purpose/2. Primary purpose/ motivationmotivation RA 9520RA 9520 RA 6939RA 6939 Partnership LawCorporation Law 1. Legal basis of1. Legal basis of organizationorganization COOPERATIVECOOPERATIVEPARTNERSHIPPARTNERSHIP ORDINARYORDINARY CORPORATIONSCORPORATIONS PARTICULARSPARTICULARS
  • 19. Continuous coopContinuous coop education programeducation program.. ---- 10. Educational10. Educational ProgramProgram Share Capital &Share Capital & PatronagePatronage Pro-rated to their capital contribution Share of Stock 9. Basis for9. Basis for distribution ofdistribution of savings/profitsavings/profit Limited and conformsLimited and conforms to govt regulationsto govt regulations No limitNo limit 8. Rate of Interest8. Rate of Interest of Share Capitalof Share Capital (ROI)(ROI) Coop Principles &Coop Principles & Business Mngt.Business Mngt. PrinciplesPrinciples Partnership Principles Business Mngt. Principles 7. Principles7. Principles governinggoverning operationsoperations Members, Board ofMembers, Board of Directors & HiredDirectors & Hired ManagementManagement Shared or appointed Board of Directors & Hired Management 6. Components of6. Components of managementmanagement ““One member, oneOne member, one vote”vote” Equal voting rights Shares of common stock 5. Basis of voting5. Basis of voting PARTICULARSPARTICULARS ORDINARYORDINARY CORPORATIONSCORPORATIONS PARTNERSHIPPARTNERSHIP COOPERATIVECOOPERATIVE
  • 20.
  • 21. ORGANIZATIONORGANIZATION SEMANTRIX MULTI PURPOSE COOPRATIVE Principal Address: Room 205, 2nd Floor Diplomat Condominium Roxas Boulevard corner Russel St. Pasay City (in between Heritage Hotel & Redemptorist Church) Telephone nos: 781-3145 * 8515156 * 8513292 * 09228288097 Office hours: Mondays to Fridays 8am – 5pm
  • 22. GENERAL ASSEMBLY AUDIT COMMITTE ELECTION COMMITTEE BOARD OF DIRECTORS EDUCATION COMMITTEE MANAGEMENT STAFF Treasurer Secretary ETHICS COMMITTEE CONCILIATION COMMITTEE
  • 24. REGISTRATION OF ASSOCIATE MEMBERS FOR JOB PLACEMENT I. Applicants selected for hiring or placement to clients are required to accomplish and submit additional documents/information; not later than 5 days prior to the date of employment and acceptance of membership 1.Duly accomplished application form with 2 pcs. 1x1 picture 2.NBI and Police clearances 3.Clearances or certification from previous employer/s, if any 4.Birth Certificate & Marriage Contract (if married) in NSO paper
  • 25. Cont. REGISTRATION OF ASSOCIATE MEMBERS FOR JOB PLACEMENT 5. Transcript of record (college graduates/level) or High school report card/diploma (HS grad) 6. Medical Certificate or result of pre employment medical examination indicating fitness to work together with laboratory results on urinalysis, fecalysis, drug test and chest x- ray 7. TIN, SSS, Phil health and HDMF Numbers/ photocopy of ID if available
  • 26. Cont. REGISTRATION OF ASSOCIATE MEMBERS FOR JOB PLACEMENT II. Membership agreement 1.membership fee 2.capital share 3.dividend interest 4.withdrawal
  • 27. Cont. REGISTRATION OF ASSOCIATE MEMBERS FOR JOB PLACEMENT III. Employment Contract 1.Cooperative ID card 2.Daily time record/bundy card 3.DTR cut off: 1-15th and 16-31st of the month due not later than 17th and 2nd of the month, respectively (late timecards will be processed next paydate) 4.Payroll crediting/release: 10th and 25th of every month 5.Government mandated deductions: SSS, Philhealth, HDMF 6.Coop deduction: membership fee, capital share, loan, CA 7.ATM Application 8.Uniform – as required by client