The St. Vincent Ferrer Parish Multi-Purpose Cooperative, aka St. Vincent Coop is basically a Catholic Cooperative. Its founder, Msgr. Agustin G. Gialogo is a Catholic priest from the Diocese of Romblon, who was then the parish priest of the St. Vincent Ferrer Parish in Odiongan, Romblon. He served as the coop’s Spiritual Director for many years. After him, the cooperative has been guided spiritually by the succeeding priests of the same parish.

But more than just the presence of Catholic priests at St. Vincent Coop, the spiritual dimension of this cooperative is mainly based on its Biblical Foundation and the Social Teachings of the Catholic Church. Its membership though encompasses across diverse faiths.

The cooperative recognizes its Foundation Day to be on April 20, 1991, the day being the First Day of the Pre-Membership Education Seminar (PMES) and the organization of its pioneer officers.

The official registration date however with the Cooperative Development Authority was on August 8 of the same year.