COOPERATIVE DEVELOPMENT COMMISSION.

LEGAL AUTHORITY

Act No. 247, of August 10, 2008 known as the Puerto Rico Cooperative Development Act, creates the Cooperative Development Commission and organizes components and regulations associated with cooperatives to make them more efficient. The Commission is abscribed to The Puerto Rico Cooperative Supervision and Insurance Corporation and is responsible for the agency's operations, resources and personnel.

MISSION

The Commission strives to swiftly and effectively coordinate the government's and the cooperative's strategies to encourage the growth and development of the cooperative movement. It organizes coops with an enterprising vision under a participatory, democratic and socially fair economic model that improves the quality of life through cooperative action in all social and economic activities.

VISION

Formulate and implement state public policy to support the strengthening and growth of the cooperative movement as an economic development option for Puerto Rico making the cooperative movement one of the main tools for the integral development of society.

ORGANIZATIONAL STRUCTURE

The Puerto Rico Cooperative Development Commission is comprised of the following organizational units:

  • Board of Directors
  • Development Division
  • Planning Division
  • Human Resources Division
  • General Services Division
  • Finance and Budget Office
  • Commissioner's Office
  • Assistant Commissioner's Office

GEOGRAPHIC LOCATION

The Puerto Rico Cooperative Development Comiission is located at No. 400 Americo Miranda Avenue, The Original COSVI Building, Villa Nevarez Urbanization in San Juan, it has five enterprise development centers in the following municipalities: Arecibo, Caguas, Mayaguez, Ponce and San Juan.

PROGRAMMATIC STRUCTURE


POSITIONS FILLED

Authorized and Proposed Positions 2009 2010 2011 2012
Sept./08 Sept./09 Sept./10 Feb./11 Proj.

 

Total amount of positions 64 65 52 69 69

Data comes from the Agency's Certified Headcount Reports. Figures for Fiscal Year 2011-2012 were estimated during the budget formulation process.



PROGRAM

Promotion and Development of the Cooperative Movement

Program Description

The Cooperative Development Program is the main entity of the Puerto Rico Cooperative Development Commission. The Program's primary purpose is to promote cooperative practices and principles. It assists in the organization of cooperatives and helps them to better manage existing ones. It performs the functions of promotion, education, assessment, management, specialized services, and follow-up as an intrinsic part of this mission. It impacts all the sectors of the cooperative movement: the sectors of finance, labor, services, production, industry, agriculture, transportation, consumption, commerce, housing and youth.


Statistical Data 2010 2011 2012

 

Active cooperatives 161 176 196
Advisory and monitoring in managerial aspects to cooperatives and cooperatives groups in formation 1,658 1,345 3,316
Cooperative groups and cooperatives in all sectors 479 511 1,137
Guidance on the organization of cooperatives 308 250 937
Incorporated cooperatives 34 15 20
Non-financial sector (Act No. 239) 160 206 320
Savings and loans sector 124 125 125
Services and advice to farmers 310 1,550 620
Youth sector Act No. 220 140 308 769

The statistical data was provided by the Agency during the Fiscal Year 2011-2012 budget formulation process.

Human Resources

Authorized and Proposed Positions 2009 2010 2011 2012

Managerial,Technical, Administrative, and Office Staff 27 40 35 42
Judges, Lawyers, and Legal Staff 2 2 0 0
Other staff 13 0 0 10
Other Safety and Protection Staff 1 1 1 1
Planning, Budget, Statistics, Auditing, and Finance 9 11 9 8
Public Relations and Communications 1 1 1 1
Maintenance and General Services Staff 10 9 6 6
Information Systems 1 1 0 1
Total, Positions 64 65 52 69


FISCAL YEAR 2011-2012 ADOPTED BUDGET

The adopted consolidated budget for Fiscal Year 2011-2012 is $2,175,000. The funding includes: $2,163,000 from Other Income and $12,000 from State Special Funds.

Operational Expenses come from the Savings and Loan, Coop Savings and Credit Shares, and Deposits Fund. This fund receives resources from regular and special premiums and capital payments, investment revenues, administrative fines, profits on capital, loans, loss recovery and others.

The proposed resources will strengthen and advance Cooperative movement as part of the Puerto Rico's economic growth initiatives.

SUMMARY OF AVAILABLE RESOURCES

Consolidated Budget  (thousands $) 2009 2010 2011 2012

 

Program  
Operational Expenses Actual Actual Budget Adopted
Promotion and Development of the Cooperative Movement 3,333 2,809 3,400 2,175
Subtotal, Operational Expenses 3,333 2,809 3,400 2,175
Total, Program 3,333 2,809 3,400 2,175
 
Funding Sources  
Operational Expenses  
Joint Resolution - General Fund 3,333 1,164 2,035 0
Other Income 0 0 0 2,163
State Special Funds 0 5 8 12
Local Stabilization Fund 0 1,640 1,357 0
Subtotal, Operational Expenses 3,333 2,809 3,400 2,175
Total, Funding Sources 3,333 2,809 3,400 2,175
 
Expense Category  
Operational Expenses  
Payroll and Related Expenses 2,447 2,184 1,507 1,674
Rent and Utilities 191 115 147 75
Purchased Services 443 268 397 263
Transportation Expenses 40 33 47 39
Professional Services 3 4 2 0
Other Expenses 35 30 418 99
Non Distributed Allocations 0 0 810 0
Previous Years Debt Payments 42 47 0 0
Equipment Purchases 107 113 50 10
Office Supplies and other Materials 24 15 22 15
Advertising and Media Expenses 1 0 0 0
Subtotal, Operational Expenses 3,333 2,809 3,400 2,175
Total, Expense Category 3,333 2,809 3,400 2,175