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Transcript of The co-op and credit union census Mapping the Social Economy: The first-ever comprehensive co-op and...
The co-op and credit union census
Mapping the Social Economy: Mapping the Social Economy:
The first-ever comprehensive The first-ever comprehensive co-op and credit union censusco-op and credit union census
Mark Ventry,Ontario Co-operative Association
May 1, 2008
The co-op and credit union census
The First-ever Comprehensive The First-ever Comprehensive Co-op And Credit Union CensusCo-op And Credit Union Census
The co-op and credit union census
The Ontario Co-operative Association The Ontario Co-operative Association (On Co-op) is a resource and common voice (On Co-op) is a resource and common voice for Ontario credit unions and co-operatives for Ontario credit unions and co-operatives in the areas of co-operative development, in the areas of co-operative development, government relations, membership and government relations, membership and communications, and lifelong co-operative communications, and lifelong co-operative learning. learning.
Our mission is to develop, unite and Our mission is to develop, unite and promote co-operatives throughout Ontario.promote co-operatives throughout Ontario.
The co-op and credit union census
Why On Co-op ended up in the Why On Co-op ended up in the survey business…survey business…
• The data gathered will be useful for years to come
• Relationship building
• Develop an up to date database
• Future e-directory of co-op organizations and contact information
The co-op and credit union census
The First-ever Comprehensive The First-ever Comprehensive Co-op And Credit Union CensusCo-op And Credit Union Census
The co-op and credit union census
The SurveyThe Survey• Only legally incorporated co-ops
(including credit unions and caisses populaires)
• Disregard “co-op-like” organizations
• Use databases and search tools to locate co-ops to locate co-ops
• Capture the strength of the sector, social & economic impact, asset size, number and types of co-ops; challenges and capacity information
The co-op and credit union census
The First-ever Comprehensive The First-ever Comprehensive Co-op And Credit Union CensusCo-op And Credit Union Census
The co-op and credit union census
Co-ops 101Co-ops 101
The co-operative model uses its unique form of business enterprise to accomplish social and policy ends, making them optimal for the delivery of service in the social economy.
• Democratic participation through 'one-member, one-vote.'
• Responsible to their own members.
The co-op and credit union census
The First-ever Comprehensive The First-ever Comprehensive Co-op And Credit Union CensusCo-op And Credit Union Census
The co-op and credit union census
Housing 45%
Financial
17%
Child Care17%
Agriculture
Other
15%
6%
CO-OPERATIVE SECTORS ACROSS ONTARIO
The co-op and credit union census
CO-OPERATIVE SECTORS ACROSS ONTARIO
The co-op and credit union census
CO-OPERATIVE SECTORS ACROSS ONTARIO
• 1,300 co-operatives, credit unions and caisses populaires in Ontario
• more than 1,900 locations
• same as number of RBC branches
• Asset base of $30 billion
• equivalent to BCE or Alcan
• 16,500 staff members
The co-op and credit union census
0
100
200
300
400
500
600
700
central southwestern eastern northern
49%
25%
15%
10%
REGIONAL BREAKDOWN OF CO-OPERATIVE, CREDIT UNION & CAISSE POPULAIRE HEAD OFFICES ACROSS ONTARIO
The co-op and credit union census
GEOGRAPHIC BREAKDOWN
• 78% of Ontario’s co-ops serve a building, town or city
• 11% serve a larger region of the province
• 3% serve all of the province
• 3% serve all of Canada
• About ½ of 1% are internationally focussed
The co-op and credit union census
Membership Numbers
• 20% increased membership over the last 5 years; 64% stayed the same; 16% reported a decrease
• 29% of Financial co-ops reported a decrease.
Child care = 27%; Housing co-ops = 4%
• 29% of northern co-ops experienced a membership increase; 22% of south-western Ontario co-ops experienced a decrease
The co-op and credit union census
Membership Numbers
• 7% of Co-ops with revenues between $500k and $1mm experienced membership growth; vs. 43% with revenues greater than $10mm
• Those with revenues greater than $10mm also had the lowest incidents of membership loss at 9%, vs. 28% for those co-ops with revenues of between $30,000 and $99,999
• 77% of co-ops said that “Difficulty earning revenues through membership fees or dues” was NOT a problem
The co-op and credit union census
The First-ever Comprehensive The First-ever Comprehensive Co-op And Credit Union CensusCo-op And Credit Union Census
The co-op and credit union census
50% Rule
In Ontario, provincially incorporated co-operatives and credit unions must conduct at least 50 per cent of their business with their members.
The co-op and credit union census
Volunteers and Board of Directors
• 49,000 volunteers in total, incl. 10,000 board members
• Housing & child care often require volunteering as requirement of membership
• 74% require members to volunteer as part of their membership
• 73% experienced a problem in recruiting the type of volunteers needed
• 63% of all co-ops had a problem obtaining board members
• 76% of all co-ops had difficulty retaining volunteers
The co-op and credit union census
Volunteers and Board of Directors
The co-op and credit union census
Paid Staff by SectorHousing Financial Child Care Other
T4ed paid staff 1159 6953 828 6542
T4ed permanent staff 968 6594 549 4437
T4ed non-permanent staff 188 359 276 2105
T4ed full-time staff 720 5777 334 4743
T4ed part-time staff 437 1120 494 1596
Weekly hours worked by T4ed full-time staff 25207 202201 11675 166011
Weekly hours worked by T4ed part-time staff 8626 21861 8899 29754
Weekly hours worked by T4ed paid staff 33833 224062 20574 195765
Non-T4ed paid staff 435 80 63 493
The co-op and credit union census
Paid Staff by Sector
The co-op and credit union census
The First-ever Comprehensive The First-ever Comprehensive Co-op And Credit Union CensusCo-op And Credit Union Census
The co-op and credit union census
Revenue Challenges
The co-op and credit union census
The First-ever Comprehensive The First-ever Comprehensive Co-op And Credit Union CensusCo-op And Credit Union Census
The co-op and credit union census
Reductions in Government Funding
The co-op and credit union census
The First-ever Comprehensive The First-ever Comprehensive Co-op And Credit Union CensusCo-op And Credit Union Census
The co-op and credit union censuswww.coopsontario.com
The co-op and credit union censuswww.coopsontario.com
The co-op and credit union census
For further information:For further information:
Mark Ventry, Mark Ventry, Membership & Communications ManagerMembership & Communications Manager
Ontario Co-operative AssociationOntario Co-operative Association450 Speedvale Ave W., Suite 101450 Speedvale Ave W., Suite 101
Guelph ON N1H 7Y6Guelph ON N1H [email protected]
1.888.745.55211.888.745.5521
The co-op and credit union census
The First-ever Comprehensive The First-ever Comprehensive Co-op And Credit Union CensusCo-op And Credit Union Census