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Friday, May 27, 2016

Taxation Updates for cooperatives

Click here


http://www.picpa.com.ph/sites/default/files/Taxation%20Updates%20for%20Coops_0.pdf

Wednesday, October 28, 2015

Monday, October 26, 2015

Ang Simbayanan Ni Maria Multi Purpose Cooperative


Credits to YouTube post of Simbayanan Ni Maria Multi Purpose Cooperative

In 1991, Simbayanan ni Maria Foundation, Inc. (SMFI) was registered as a non-stock, non-profit organization, as the parish church’s response to poverty in Taguig, with Fr. Antonio C.T. Pascual or Fr. Anton to his parishioners, a parish priest of Our Lady of the Holy Rosary from 1988 to 1992, as its founding Chairman. It offered programs on health services, nutrition, skills training, and job placement as well as college scholarships. 

This foundation spun off the Simbayanan ni Maria Multi-Purpose Cooperative (SMMPC) to develop and undertake socio-economic programs and activities for the improvement of the quality of life of the people of Lower Bicutan and adjacent barangays in Taguig. 

 In 1992, Fr. Anton was assigned to Makati City. Believing that the cooperative would collapse if the next parish priest did not have social orientation, the Board decided to take SMMPC out of the jurisdiction of the parish church and transformed SMMPC into a community-based cooperative. 

The SMMPC Board-cum-Pastoral Council was maintained while a new set of officers was appointed to the Parish Pastoral Council. Though still in Makati in 1995, Fr. Anton was elected SMMPC Chairman.