Summary
Association for Sustainable Community Development (ASSCOD)
Livelihood
Skill Development
Estd: 1994
Used for Beneficiaries: 82%
Address : No.15, West Pillaiyar Koil Street, Karunguzhi Post, Madurantakam Taluk, Kancheepuram, Chengalpattu 603303. Tamil Nadu
Email : asscod@yahoo.co.in
Web-site : www.asscod.org
Telephone : +91 44 27567115
Donor Contact : Mr. K. Loganathan / +91 9842360428 / asscod@yahoo.co.in
Financial Score
Rs, Y/E March 31
Income & Expenditure Statement201320142015
Income From
Government Sources000
Institutional Sources60,500360,058220,022
Foreign Sources625,31861,2001,329,839
Donations285,800272,700114,312
Sales/Fees000
Interest/Dividend5902492,045
Other Income764036,847
Total Income (A)972,972694,2071,703,065
Expenses For
Direct Programme Activities688,428344,3001,326,730
Programme Staff Cost000
Travel Expenses8,400011,991
Direct Programme Expenses696,828344,3001,338,721
Fund Raising Expenses000
General Staff Cost190,000138,000174,500
Overhead Expenses93,450119,50071,179
Depreciation23,79049,95146,179
Other Expenses/Transfer000
Total Expenditure (B)1,004,068651,7511,630,579
Surplus / (Deficit) (A-B)-31,09642,45672,486
Balance Sheet201320142015
Assets
Fixed Assets209,493259,542297,096
Current Assets (excl. Cash)170,313170,313180,313
Cash/Bank 14,5436,95031,883
Investments85,00085,00085,000
Accumulated Deficits000
Total Assets479,349521,805594,291
Liabilities
Corpus / Share Capital000
General Funds479,349521,805594,291
Earmarked Funds000
Loans000
Current Liabilities000
Total Liabilities479,349521,805594,291
Other Details201320142015
Direct Beneficiaries (Nos)7826281,080
Indirect Beneficiaries (Nos)3,1483,148N.A.
Cost Per Direct Beneficiary (Rs) - Avg. 1,2549581,467
Number of Staff13810
Highest Salary (Rs p.a.)180,000180,000180,000
Lowest Salary (Rs p.a.)48,00048,00048,000
Regd. under : The Tamil Nadu Societies Registration Act, 1975
Auditor : C. Dharmalingam
Bankers :
ICICI Bank Indian Overseas Bank
Axis Bank Canara Bank

Donor tax benefits : 80G 50%
Eligible for foreign donations : Yes

Trustees/Directors/Managing Committee:
Ms. T. Sumathi, President Mr. K. Loganathan, Secretary
Ms. P. Muthu, Treasurer Ms. S. Thulasi, Member
Ms. K. Ananthi, Member Ms. S. Latha, Member
Ms. S. Ponni, Member Ms. L. Meera, Member

Source : Audit Report 2015

Financial Note : 1) Institutional Sources mainly include grants from ICICI Bank. 2) Foreign Sources in FY15 mainly include grants from Friends of India-Switzerland. 3) Other Income in FY15 mainly includes recovery of loan. 4) The NGO has provided overall amounts spent on various projects, but not a detailed breakdown.

NGO Profile :
The Association for Sustainable Community Development (ASSCOD) works to empower rural women, develop their families and help them achieve social and economic empowerment. The focus is on working mainly with grassroots, need gap - women and families from deprived sections of society who are especially vulnerable to poverty, social injustice, illiteracy and poor health. Since 2003, ASSCOD centred its approach on the concept of Self-Help Groups (SHGs) organizing women into small groups, encouraging micro-savings and credit, and imparting skills and awareness training to its beneficiaries. ASSCOD is dedicated to working closely with smaller, local NGOs and supporting and promoting their efforts.

Some of its activities are:

  • Micro Finance:  ASSCOD provides micro finance towards entrepreneurship development training, skills training, micro credit, marketing support and insurance services. The micro credit amount has gone up to INR 50,000. Through efficient implementation of micro finance program, 3,148 Below Poverty Line families have come out of poverty. ASSCOD avails funding from other organizations and lends the same to enterprising women in SHG’s out of various schemes of government departments, banks, MFIs etc.  
  • Women Empowerment: Around 350 women SHGs with over 6,000 members are supported through training programs on developing skills, promoting gender equality, improving maternal health, and ensuring a decent livelihood for the target group.
  • Health camps: ASSCOD conducts health check-up and eye screening camps where necessary medical advice and medicines are provided free of cost. The organization gave free spectacles to 83 elderly people and treated 24 patients for cataract in FY15. It also repaired two borewells which helped 580 families get safe drinking water leading to a sharp reduction in water borne diseases.
  • Education: The NGO gives scholarships to school children in the age group of 6 to 14 years to reduce school dropout rate. Children are provided with school uniforms, note books and other educational materials to continue their higher education. ASSCOD supports government run schools by providing them with basic furniture.

ASSCOD is accredited with Credibility Alliance under Basic norms and has Special Consultative Status with Department of Economic and Social Affairs (DESA), United Nations.



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