2012-03-01T15:43:05-06:00 2011-06-30 Grant Thornton LLP 100 E Wisconsin Ave Milwaukee WI 53202 990 2010-07-01 390826049 RIPON COLLEGE RIPO 9207488108 PO BOX 248 RIPON WI 54971 MARY DEREGNIER 2012-02-14 4142898200 X 2010 2016-02-24 21:20:13Z DAVID C JOYCE 300 SEWARD STREET RIPON WI 54971 53645808 false X WWW.RIPON.EDU X 1851 WI PROVIDE EDUCATION TO STUDENTS AS A PRIVATE ORGANIZATION. 33 32 918 547 260171 55436 3814730 10837475 32336200 34216791 979488 1302719 1381207 609490 38511625 46966475 13484557 14232445 0 0 13362703 13697925 0 0 1314642 14874194 13741630 41721454 41672000 -3209829 5294475 102721634 117281465 39543340 38156462 63178294 79125003 X RIPON COLLEGE PREPARES STUDENTS OF DIVERSE INTERESTS FOR LIVES OF PRODUCTIVE, SOCIALLY RESPONSIBLE CITIZENSHIP. OUR LIBERAL ARTS CURRICULUM AND RESIDENTIAL CAMPUS CREATE AN INTIMATE LEARNING COMMUNITY IN WHICH STUDENTS EXPERIENCE A RICHLY PERSONALIZED EDUCATION. false false 36500134 14232445 34514108 RIPON COLLEGE, AN ACCREDITED PRIVATE INSTITUTION, PROVIDES A FOUR YEAR DEGREE PROGRAM IN THE LIBERAL ARTS. THIS EDUCATIONAL PROGRAM BENEFITS MORE THAN 1,022 FULL TIME EQUIVALENT STUDENTS. 36500134 true true false false false false true false true true false false true true true true false true false false false false false true true false false true true true false false false false false false true false false false true false false false false true false false false false true 1450 0 true 918 true true true true CJ false false false true true false false false false X 33 32 true false false false false true false true true false false true true true true true true true true false WI X MARY M DEREGNIER 9207488108 RIPON COLLEGE 300 SEWARD STREET RIPON WI 54971 X THOMAS W ABENDROTH 1.0 X 0 0 0 VICTORIA L BLEISE 1.0 X 0 0 0 DOREEN CONFORTI CHEMEROW 1.0 X X 0 0 0 JAMES R CLARK 1.0 X 0 0 0 JAMES CONNELLY 1.0 X 0 0 0 SCOTT L DICKS 1.0 X 0 0 0 DENNIS G FRAHMANN 1.0 X 0 0 0 STEPHANIE GREENE 1.0 X 0 0 0 Helen Hanson 1.0 X 0 0 0 DAVID G HARTMAN 1.0 X 0 0 0 GUY R HENSHAW 1.0 X 0 0 0 MARCUS D HOFFMAN 1.0 X 0 0 0 DAVID JANSSEN 1.0 X 0 0 0 WILLIAM CHESTER JORDAN PH D 1.0 X 0 0 0 DAVID C JOYCE 40.0 X X 206979 0 68817 ROBERT J KIRKLAND 1.0 X X 0 0 0 Martin Lindsay 1.0 X 0 0 0 William C Macleod 1.0 X 0 0 0 Philip K Mccullough MD 1.0 X 0 0 0 Gary Page 1.0 X 0 0 0 Ronald R Peterson 1.0 X X 0 0 0 Michael R Reese 1.0 X 0 0 0 Cheryl K Rofer 1.0 X 0 0 0 Joann Selleck 1.0 X 0 0 0 Pamela Price Smith 1.0 X 0 0 0 Richard J Srednicki 1.0 X 0 0 0 Kathy Stewart 1.0 X 0 0 0 Angela Twaroski 1.0 X 0 0 0 Matthew Umhoefer 1.0 X 0 0 0 Paul Williams 1.0 X 0 0 0 dena g willmore 1.0 X X 0 0 0 mark j wright 1.0 X X 0 0 0 robert zimmerman 1.0 X 0 0 0 mary deregnier 40.0 X 124456 0 30567 gerald seaman 40.0 X 123383 0 35154 454818 0 134538 3 false true false SODEXO PO BOX 70060 CHICAGO IL 60673 FOOD & HOUSEKEEPING 3679649 Faith Technologies PO Box 260 MENASHA WI 54952 Electrical services 479441 MARSH USA INC 96460 COLLECTION CENTER DR CHICAGO IL 60693 INSURANCE 230196 Grenzebach Glier Assoc PO BOX 88277 CHICAGO IL 60680 Advancemnt cons serv 138326 4 4900 972038 9860537 585117 10837475 TUITION & FEES 812900 27281438 27281438 AUXIL. ENTERPRISES 812900 6935353 6935353 34216791 1126490 1126490 0 0 6838594 6662365 176229 176229 176229 25131 4900 11223 13908 13908 43839 5745 38094 38094 0 MISCELLANEOUS 812900 297317 297317 SUMMER CAMP/CONF. 721000 118280 118280 PARTNERSHIP INCOME 900099 141891 141891 557488 46966475 34514108 260171 1354721 0 14232445 14232445 0 0 427990 358982 69008 0 9400708 8110653 647736 642319 0 3869227 2903220 695131 270876 0 0 71465 25993 45472 79051 79051 0 0 0 1852436 1575349 226955 50132 37606 20253 17353 1071879 767841 236214 67824 302275 296972 3345 1958 0 1569075 1457798 111277 629291 518965 39301 71025 0 221480 113929 93004 14547 1375761 1344986 25646 5129 0 1481807 1196240 285567 165791 155277 10514 FOOD SERVICE CONTRACT 1993570 1993570 STUDENT ACTIVITIES 621080 621080 PROMOTIONS & AWARDS 617650 55305 557515 4830 CONSULTING 256261 98986 75000 82275 REPAIRS & MAINTENANCE 255326 172930 72766 9630 1139826 838342 276395 25089 41672000 36500134 3857224 1314642 1283615 1954565 1472596 4827475 1168180 1162778 2702461 2680176 7966 7916 372669 315162 63091269 24260230 40071544 38831039 49997969 60103168 5644634 7399186 102721634 117281465 1770308 1725142 2490373 2520267 67273 52898 23165000 23165000 3755613 3050793 705100 500000 7589673 7142362 39543340 38156462 X 5152073 8472548 6134413 15371757 51891808 55280698 63178294 79125003 102721634 117281465 X 5294475 10652234 X false true true X true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1072685 X X X false 52070009 3076708 11479108 2465808 0 0 64160017 46828587 818348 5991667 1558730 9863 0 52070009 56406983 450531 -9023226 1005701 0 0 46828587 0.02722 0.85828 0.11450 true false 560766 560766 53682278 21664714 32017564 8848225 2595516 6252709 38831039 CASH SURRENDER VALUE-LIFE INS 1305571 BOND FINANCING COSTS, NET 302587 BENEFICIAL INTEREST IN TRUSTS 4718343 WORKS OF ART 1072685 7399186 0 ANNUITIES PAYABLE 297781 DEFERRED SUPPORT/SPLIT INT. 250991 ACCRUED POSTRETIREMENT BENEFIT 3965611 CONDTNL ASSET RETIREMENT OBLIG 677626 OTHER LONG-TERM LIABILITIES 1950353 7142362 46966475 41672000 5294475 10076053 576181 10652234 15946709 43486711 10076053 155046 10231099 33255612 13710863 13710863 46966475 27540002 100447 100447 27439555 14232445 14232445 41672000 ART COLLECTION - FURTHERANCE OF EXEMPT PURPOSE SCHEDULE D, PART III, LINE 4 STUDENTS AND COMMUNITY MEMBERS TO LEARN ABOUT AND EXPERIENCE DIFFERENT ART FORMS. INTENDED USES OF ENDOWMENT FUNDS SCHEDULE D, PART V, LINE 4 THE ORGANIZATION'S ENDOWMENT FUNDS ARE USED FOR SCHOLARSHIPS, ACADEMIC PROGRAMS AND FACILITIES TO ASSIST IN FURTHERING THE MISSION OF THE COLLEGE. organization's liability for uncertainty in income taxes under fin 48 schedule d, part x, question 2 As required by the uncertain tax position guidance, the College recognizes the financial statement benefit of a tax position only after determining that the relevant tax authority would more-likely-than-not sustain the position following an audit. For tax positions meeting the more-likely-than-not threshold, the amount recognized in the financial statements is the largest benefit that has a greater than 50 percent likelihood of being realized upon ultimate settlement with the relevant tax authority. The College applied the uncertain tax position guidance to all tax positions for which the statute of limitations remained open and determined there were no material unrecognized tax benefits as of that date. As of June 30, 2011, the statute of limitations is no longer open for years before 2008 for federal income tax purposes. For state income tax purposes, the statute of limitations is no longer open for years before 2007. As of June 30, 2011, the College believes the guidance to have no effect on its financial statements. Additionally, the guidance provides for the recognition of interest and penalties related to income taxes. There were no interest or penalties related to income taxes that have been accrued or recognized as of and for the years ended June 30, 2011 and 2010. RECONCILIATION OF CHANGES IN NET ASSETS SCHEDULE D, PART XI, LINE 8 Change in value of split interest agreement $60,498 Change in value of beneficial interest in perpetual trusts held by others 461,084 Increase in cash surrender value of life insurance policies 54,599 Total $576,181 OTHER REVENUE ON FINANCIAL STMTS NOT ON FORM 990 SCHEDULE D, PART XII, LINE 2D INCREASE IN CASH SURRENDER VALUE OF LIFE INSURANCE POLICIES 54,599 INTERDEPARTMENTAL CHARGES FOR VEHICLES & PHOTOCOPYING 83,479 SPECIAL EVENT EXPENSES PRESENTED NET OF REVENUE 16,968 TOTAL $ 155,046 OTHER REVENUES ON FORM 990 NOT ON FINANCIAL STMTS SCHEDULE D, PART XII, LINE 4b CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT $ (60,498) CHANGE IN VALUE OF BENEFICIAL INTEREST IN PERPETUAL TRUSTS HELD BY OTHERS (461,084) TUITION AND FEES REVENUE PRESENTED NET OF SCHOLARSHIPS AND GRANTS 14,232,445 TOTAL $ 13,710,863 OTHER EXPENSES ON FINANCIAL STMTS NOT ON FORM 990 SCHEDULE D, PART XIII, LINE 2D INTERDEPARTMENTAL CHARGES FOR VEHICLES & $83,479 PHOTOCOPYING SPECIAL EVENT EXPENSES PRESENTED NET OF REVENUE 16,968 TOTAL $100,447 OTHER EXPENSES ON FORM 990 NOT ON FINANCIAL STMTS SCHEDULE D, PART XIII, LINE 4b TUITION AND FEES REVENUE PRESENTED NET OF SCHOLARSHIPS AND GRANTS $14,232,445 true true true true true true true false false false false false false false false true false true Organization's racially nondiscriminatory policy schedule e, question 3 Ripon College draws students nationwide. Materials used in promotional activities and recruiting efforts include a statement that Ripon College admits students of any race, color, and national or ethnic origin. Financial aid or assistance from a governmental agency schedule e, question 6a Ripon College received federal funds including all Title IV Aid programs. Ripon college receives Wisconsin funds including WTG, TIP WI Minority Grants, Academic Excellence, Robert Byrd, and WI Handicap. jarreu schola. 30031 4900 25131 593 5110 200 5320 0 30031 4900 25131 593 5110 200 5320 11223 13908 43839 5200 545 true 0.88000 43839 5200 545 5745 38094 WI true false false false 0.70000 0.30000 LORI SCHULZE 300 SEWARD STREET RIPON WI 54971 false Julie Johnson 0 CONDUCTS THE ATHLETICS RAFFLE X false COMPENSATION OF GAMING MANAGER SCHEDULE G, PART III, LINE 16 THE GAMING MANAGER IS AN EMPLOYEE OF RIPON COLLEGE. THE EMPLOYEE DOES NOT RECEIVE ANY ADDITIONAL COMPENSATION RELATING TO HER DUTIES AS THE GAMING MANAGER. true VARIOUS 985 12072205 ENDOWED SCHOLARSHIPS 255 2160240 PROCEDURES FOR MONITORING USE OF GRANT FUNDS INSIDE THE UNITED STATES SCHEDULE I, PART I, LINE 2 Ripon College tracks all grants issued, by grant, dollar amount, student and term. Financial Aid awards grants based on the grantees eligibility for any grant. Eligibility may be based on need, grades, majors, etc. If need based, the FAFSA will be utilized. Each grant may have unique selection criteria which is documented by the Financial Aid department. X true true X X X false false false false false false false false false DAVID C JOYCE 203822 0 0 0 3157 0 14838 0 53979 0 275796 0 0 0 mary deregnier 124456 0 0 0 0 0 9204 0 21363 0 155023 0 0 0 gerald seaman 123383 0 0 0 0 0 9321 0 25833 0 158537 0 0 0 HOUSING ALLOWANCE AND WRITTEN POLICY SCHEDULE J, PART I, LINE 1A & 1b IRS instructions to Form 990 require that the fair market value of housing provided to employees by their employer be reported on Form 990, Part VII, Section A and Schedule J, Part II (whether or not the value is deemed taxable). As a condition of employment, the President of Ripon College is required to reside in One Merriman Lane, a residence on the campus premises. One Merriman Lane serves both as a personal residence as well as a venue for the regular carrying on of College business. The College has determined that the value of the use of this personal-residence is not considered taxable income to the President as provided for in Internal Revenue Code Section 119. For tax year 2011, the value of the President's use of the residence is conservatively estimated to be $31,500. This estimated value is based on an estimated monthly rental value of the residence of $2,625/month including utilities totaling $31,500 annually. WHEFA Adj Rate Put Option Rev Bond Series 2006 391337855 97710VH35 2006-06-29 23165000 CONTR, RENNOV, REFUND '93/'94 false false false 24211695 351001 20684175 2009 true false true true false false true false false 0.00800 0.00800 true false true true M&I BankBmoHarris 7. false false false Na N/a 16772 MERIT SCH & GRT X 40 523156 cost/selling price X FUNDRAISING EVENT 7 593 COST/SELLING PRICE X ALUMNI & ADVANCEMENT EVTS 19 14930 COST/SELLING PRICE X STUDENT EVENTS 5 2058 COST/SELLING PRICE X RENT FOR BUILDINGS 1 20100 COMPARABLE PROPERTY X legal services 1 24280 opinions of experts 0 false true true USE OF THIRD PARTY TO SOLICIT, PROCESS, OR SELL NON-CASH CONTRIBUTIONS SCHEDULE M, PART I, LINE 32B RIPON COLLEGE USES M&I BROKERAGE TO RECEIVE STOCK SENT DTC AND TO SELL THAT STOCK. M&I BROKERAGE HOLDS THE STOCK UNTIL RIPON AUTHORIZES THE SALE. M&I Brokerage then sells the stock and provides a confirmation of the transaction electronically. THE PROCEEDS ARE SENT DIRECTLY TO THE COLLEGE'S BANK ACCOUNT AT M&I MARSHALL & ILLSLEY. TRUSTEES' BUSINESS RELATIONSHIP WITH OTHER TRUSTEES FORM 990, PART VI, SECTION A, LINE 2 three of ripon college's trustees, jim conelly, jim clark, and robert zimmerman all mutually possess a business relationship. Robert J. kirkland and ronald r. peterson possess a business relationship. robert j. kirkland and thomas w. abendroth possess a business relationship. MEMBERS, STOCKHOLDERS, OR OTHERS WHO MAY ELECT MEMBERS TO GOVERNING BODY FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF TRUSTEES SHALL ELECT TO MEMBERSHIP ON THE BOARD SUCCESSORS TO THOSE MEMBERS WHOSE TERMS EXPIRE ON THAT DATE, WITH THE EXCEPTION OF THE ALUMNI TRUSTEE AND THE SPECIAL GRADUATE TRUSTEE. ONE OF THE AFORESAID SUCCESSORS SHALL BE RECOMMENDED BY THE ALUMNI AND ONE BY THE STUDENT BODY, AS HEREINAFTER PROVIDED. TRUSTEES SHALL BE ELECTED BY THE AFFIRMATIVE VOTE OF A MAJORITY OF THE TRUSTEES PRESENT AT THE MEETING. Process the Organization Uses to Review Form 990 FORM 990, PART VI, SECTION b, LINE 11 The Form 990 is sent to each member of the audit committee for their review. Any necessary changes or corrections are made and a final form 990 is sent to all members prior to filing of the return with the internal revenue service. MONITORING AND ENFORCING COMPLIANCE WITH CONFLICT OF INTEREST POLICY FORM 990, PART VI, SECTION B, LINE 12C All employees and trustees are required to complete a conflict of interest form yearly. A summary of all forms distributed, returned, and the number with disclosures is completed. All forms with disclosures are reviewed by the president and Vice President for Finance. Those with disclosures are categorized as "not a conflict", a potential conflict but immaterial to the college, and those that require further action. If any are deemed to require further action, then those are reviewed by the Chair of the Audit Committee. If action is necessary, proper actions are taken by the college to ensure that any detrimental impact to the college is minimized or negated. PROCESS FOR DETERMINING COMPENSATION of top management official FORM 990, PART VI, SECTION B, LINE 15A & 15B The Executive Committee, subject to the approval of the Board, is responsible for determining the salary level for the President. The Executive Committee, upon the recommendation of the President, is also responsible for determination of salary level for the Assistant Treasurer and Vice President for Finance. Both the President and the Assistant Treasurer and Vice President for Finance receive the annual across the board increase/decrease that the board approves and awards to all employees. The Executive Committee considers adjustments in the compensation of the President and the Assistant Treasurer and Vice President for Finance on an annual basis. Any special increase/decrease for either position is communicated by letter. Reviews of comparable positions at peer institutions are conducted for reasonableness. Organization's Policy Regarding Making Certain Documents Public FORM 990, PART VI, SECTION C, LINE 19 The organization's governing documents, conflict of interest policy, and financial statements are available to the public upon request. Time dedicated to a related organization Form 990, Part VII, section a Mary Deregnier dedicated one hour of her time per week to a related organization, WAICU educational technology consortium, inc. Other changes in net assets or fund balances Form 990, Part XI, Line 5 Change in value of split interest agreement $60,498 Change in value of beneficial interest in perpetual trusts held by others 461,084 Increase in cash surrender value of life insurance policies 54,599 Unrealized gain 10,076,053 Total increase in net assets of fund balances 10,652,234 waicua educ technology consortium 122 w washington avenue madison WI 53703 203202578 IT systems WI 501(c)(3) 11a false false false false false false false false false false false false false false false true false false false