Purpose of the Cooperative Annual Performance Report (CAPR)
- To provide relevant and updated data on the operational status and performance of cooperatives.
- To simplify administrative and reporting requirements for cooperatives.
- To establish a reliable and progressive cooperative performance information system.
- To facilitate comparison among cooperatives within the same category.
Submission Procedures and Designated Offices
- Primary, secondary, and other cooperatives submit CAPR to the respective Extension Office.
- Cooperatives with inter-regional coverage submit CAPR to the Extension Office of their principal office.
- National coverage tertiary cooperatives, Electric Cooperatives, Cooperative Banks, and Insurance Cooperatives submit CAPR to the Central Office Registration Division.
Format and Forms
- Use of prescribed CAPR FORM 01-2007, consolidating Annual Report, General Information Sheet, and Inspection Working Paper (IWP).
Submission Deadlines
- Section I (General Information) due within 60 days after fiscal year-end.
- Sections II and III (Financial Information) due within 90 days after fiscal year-end.
- Both sections may be submitted simultaneously within the prescribed deadlines.
Designated Accomplisher and Certification
- Cooperative must designate an employee, preferably the accountant, to accomplish the CAPR.
- CAPR must be certified as true and correct by the Chairman of the Board or Manager.
Review and Verification Process
- Area Cooperative Development Specialist (CDS) to check CAPR completeness and accuracy prior to submission.
- Senior CDS for Registration to review submitted CAPR for completeness and consistency.
- Extension Offices responsible for encoding CAPR data into the Cooperative Information System (CIS).
Information Dissemination
- CDA’s Cooperative Research and Training Division/Unit tasked with wide dissemination of the guidelines through Central and Extension Offices.
Effectivity
- Guidelines applicable starting Calendar Year 2008.