COOPERATIVE DEVELOPMENT COMMISSION.

LEGAL AUTHORITY

Act No. 247-2008, known as the Cooperative Development Commission Organic Act, created the Puerto Rico Cooperative Development Commission to organize regulation regarding cooperatives under one agency. Duties, fiscal and human resources from the Cooperative Development Administration are transferred to the Public Corporation for the Supervision and Insurance of Cooperatives.

MISSION

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.


ORGANIZATIONAL STRUCTURE

  • Board of Directors
  • Development
  • Finance and Budget
  • General Services
  • Human Resources
  • Office of the Commissioner
  • Office of the Deputy Commissioner
  • Planning
  • Regional Offices

PROGRAM

Promotion and Development of the Cooperative Movement

Program Description

Through the Planning and Support Office, promote the principles and practice of cooperativism. Offer services and support to facilitate the creation of coops and improve the way existing ones operate. Promote, educate, counsel, follow up and offer management and specialized services to all cooperative sectors: financial, work, services, production, industrial, farming, transportation, consumers, commercial, housing and youth sectors.



Statistical Data 2011 2012 2013

 

Active cooperatives 478 527 577
Advisory and monitoring in managerial aspects to cooperatives and cooperatives groups in formation 1,070 1,217 1,364
Cooperative groups and cooperatives in all sectors 562 607 655
Educational services and training to cooperative groups in development and cooperatives 409 413 417
Guidance on the organization of cooperatives 318 325 332
In development process groups -all sectors 84 86 85
Incorporated cooperatives 60 49 50
Non-financial sector (Act No. 239) 183 209 235
Savings and loans sector 116 116 117
Youth sector Act No. 220 179 199 223

The statistical data was provided by the Agency during the Fiscal Year 2012-2013 budget formulation process.


FISCAL YEAR 2012-2013 PROPOSED BUDGET

The proposed consolidated budget for Fiscal Year 2012-2013 amounts to $3,012,000. This amount includes $1,000,000 from the Joint Resolution General Fund, $12,000 from State Special Funds and $2,000,000 in Other Income.

Operational expenses reflect an increase in the Payroll and Related Expenses of $1,000,000 when compared to funds assigned in fiscal year 2011-2012.

Resources from the Joint Resolution General Fund will be used for Payroll and Related Expenses and will allow the Commission to strengthen the Cooperative movement in Puerto Rico, as part of Puerto Rico's economic development initiatives.

Other Income is generated from a contribution from the Financial Institutions Commissioner Office through the Investors and Consumers Relations with the Financial System Education Fund and the Financial Institutions Commissioner's Office of Personnel Training. This fund is generated from the violation fees established by Act No. 24-2009.


SUMMARY OF AVAILABLE RESOURCES

Consolidated Budget  (thousands $) 2010 2011 2012 2013

 

Program  
Operational Expenses Actual Actual Budget Proposed
Promotion and Development of the Cooperative Movement 2,809 3,481 2,012 3,012
Subtotal, Operational Expenses 2,809 3,481 2,012 3,012
Total, Program 2,809 3,481 2,012 3,012
 
Funding Sources  
Operational Expenses  
Joint Resolution - General Fund 1,164 2,124 0 1,000
Local Stabilization Fund 1,640 1,357 0 0
Other Income 0 0 2,000 2,000
State Special Funds 5 0 12 12
Subtotal, Operational Expenses 2,809 3,481 2,012 3,012
Total, Funding Sources 2,809 3,481 2,012 3,012
 
Expense Category  
Operational Expenses  
Payroll and Related Expenses 2,184 1,763 1,436 2,291
Rent and Utilities 115 110 85 104
Purchased Services 268 301 300 321
Transportation Expenses 33 55 54 60
Professional Services 4 5 83 90
Other Expenses 30 106 34 57
Non Distributed Allocations 0 810 0 0
Previous Years Debt Payments 47 9 0 0
Equipment Purchases 113 213 0 50
Office Supplies and other Materials 15 104 20 29
Advertising and Media Expenses 0 5 0 10
Subtotal, Operational Expenses 2,809 3,481 2,012 3,012
Total, Expense Category 2,809 3,481 2,012 3,012