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SANDIGAN NG OFW MULTI-PURPOSE COOPERATIVE (SOMPC) CDA Registration No. 9520-16015092 #33 Quezon St., Commonwealth Heights Subd. Commonwealth, Quezon City, Philippines. Organization Business Structure “Cooperative” Marc N. Quiminales Membership# 2007-00012 Chairman BOD
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SANDIGAN NG OFW MULTI-PURPOSE COOPERATIVE (SOMPC) CDA Registration No. 9520-16015092 #33 Quezon St., Commonwealth Heights Subd. Commonwealth, Quezon City, Philippines Organization Business Structure “Cooperative” Marc N. Quiminales Membership# 2007-00012 Chairman BOD Sandigan ng OFW Multi-Purpose Cooperative (SOMPC) CDA Registration No. 9520-16015092 www.sandiganngofwcoop.com
OFW EAGLES COALITION, INC. DUTERTE COALITION PARTNERS: BANTAY @ KASANGA – AFVSCOM – PPO – IECEP – FOWA – FILBAA – DTT – IIEE – PSME
AnoangKooperatiba? • -Autonomous (self-directed) and duly registered association of persons • with Common Bond of Interest ( OFW’s, Workers, etc) • Voluntarily joined together • Achieve social, economic, cultural needs and aspirations • Making Equitable Contributions • Patronizing their Products and Services • Accepting a Fair Share of Risks and Benefits
Types and Categories of Coop? Types of Cooperatives Categories of Cooperatives Primary…….. min. 15 Members Secondary…. min 2 Prim. Coop Tertiary…..min. 2 Second. Coop 21 Businesses… Coop 21 Example: • Credit Coop • Transportation Coop • Marketing Coop • Services Coop • Training/Advocacy Coop • Multi-Purpose Coop • Others
SOMPC Officers Genral Assembly - Total of 198 Members Board of Directors Chairman - Marc N. Quiminales Co-Chairman - Greg Sugano BOD Member -Lorenzo Sampaga Ransam Pirote Isagani Antonio Joel Galinato Brigs dela Cruz BOD Secretary – Ramon Tolentino -Alvin Dela Paz BOD Treasurer – Bien Manuel Audit Committee – Benny Paulino Election Committee – Dadz Awayan Training & Educ Comm – Greg Sugano Credit Committee - - Pol Espaniola Business Dev. Comm. – Demy Sarmiento Mediation & Conc. Comm. – Orly Flores Ethics Comm – Bel Hugo/Carlito Alpay Membership Committee – Yoldy Tabilog Management General Manager (A) – Boyet Malinao Operations Managers SH OFW Taxi) – Ness Anson Solar System – Kenneth Alontaga Water Refilling – Boyet Malinao Table of Organization GENERAL ASSEMBLY (Members) Management SH OFW Taxi Solar System Water Refilling OFWCoop Bank Coop 21
Table of Organization GENERAL ASSEMBLY (Members) Success… Failures… Management SH OFW Taxi Tourist Bus OFW Express Solar System Water Refilling SandiganPadala OFWCoop Bank Coop 21
What OFW Businesses? R.A. 6938 ( Old 1980 ) R.A. 9520 ( New 2008 ) Transportation Electric Coop Training Advocacy Housing Finance Insurance Manpower Services Cooperative Bank (21 Businesses…Single Optn) • Credit • Producers • Consumers • Marketing • Multi-Purpose (2+)
“Coop 21” Mga OFW Businesses List 1. Credit 2. Producer 3. Consumer 4. Marketing 5. Service 6. Multi-Purpose (Sandigan) 7. Advocacy 8. Agrarian Reform 9. Cooperative Bank 10. Dairy 11. Education 12. Electric 13. Financial Service 14. Fishermen 15. Health Services 16. Housing 17. Insurance 18. Transport 19. Water Service 20. Workers 21. Others Note: R.A. 9520 Only Single Business Optn for 1st 2 Years
Distribution of Net Surplus A. Statutory Fund Reserve Fund (stability/losses) 10% Education & Training Fund 10% (PrimCoop = 5% & Apex = 5%) Community Development Fund 3% Optional Fund (Land, equip..) 7% Total 30% B. Shares Interest & Patronage Refund70% Sub-Total 100%
Papaano kikita ang Koop at Members? Cooperative Profit Members Profit Shares Interest Patronage Refund Investor Project Shares Retailers of Sandigan Products Members Referrals ( “Free” 1 share for 10 Members Referrals Sandigan issue “Shares Certificates” for fully paid shares subscriptions at yungkita distributed yearly. • Statutory Fund • Reserve Fund • Training Educ. Fund • Commty Dev. Fund • Optional Fund CDA issue “Certificate of Compliance” yearly upon submission of required documents.
OFW’s Cooperativism! OFW’S Businesses Unlimited Opportunities Unity….. Reintegration Members Support OFW Partnership Avoid competition Bayanihan Cooperativism OFW Legacy!
OFW’s Reintregration Summary • Sandigan General Guideline • OFW & Direct Relatives • Ex-OFW & Direct Relatives • MemFee 500 Php • Min. SubShares 4000Php • Max. SubShares 400K Php • Patronize Products/Srvcs • Members Priority Employ • BOD Manage Coop Projects • Members Final decision • Project General Guideline • SOMPC no limit of Shares • Member 1 I/Share -MOA • Equal Expense • Equal Income • One Dedicated Bank A/C • Investor Priority Employ • BOD Manage per BPlan • Investors Final decision • OFW Reintegration • OFW avoid Competition • OFW Unity, Trust and Teamwork • OFW Pooling Resources • OFW Businesses & Mega Projects • OFW Employment to our relatives • OFW Manufacturing/Factories • OFW Own, Manage, Control • OFW to Phil Economic Development
SANDIGAN NG OFW MULTI-PURPOSE COOPERATIVE (SOMPC) CDA Registration No. 9520-16015092 #33 Quezon St., Commonwealth Heights Subd. Commonwealth, Quezon City, Philippines OFW MEGA PROJECTS Sandigan Long Term Development Plan
SANDIGAN NG OFW MULTI-PURPOSE COOPERATIVE (SOMPC) CDA Registration No. 9520-16015092 #33 Quezon St., Commonwealth Heights Subd. Commonwealth, Quezon City, Philippines THANK YOU.. Once member ka ng SOMPC), join the Members Referrals Program get “Free” 1 share (1,000 Php) for 10 Members Referrals…. Do not forget to share your SOMPC Membership#
New Coop Groups…PMES Modules 1. Organize and Attend the PMES (min, 15 Members) Module #1: What is Cooperative Module #2: History of Cooperative Module #3: Why Cooperative Module #4: Types of Cooperatives Module #5: Categories of Cooperatives Module #6: Financing Module #7: Sources of Income Module #8: Table of Organization Module #9: Success and Failures of Coop Module #10: Requirements and Regist of Coop 2. Documentations (By-Laws, AOC, Eco-Survey, Treasurer Affidavits, Surety Bond, ddress, Money in Bank, etc. all signed and notarized 3. Submit Documents to CDA Regional Offices where you will operate 4. 1st GA Meeting to Elect Permanent Officers once issued with CDA Cert. (within 1 month) 5. Operate within the By-Laws, AOC as per CDA R.A. 9520 guidelines