Liabilities / Assets
61st percentile
Higher debt load relative to assets than 61% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
61st percentile
Higher debt load relative to assets than 61% of similar nonprofits.
Liabilities / Revenue
73rd percentile
Higher debt load relative to revenue than 73% of similar nonprofits.
Net Margin
43rd percentile
Higher net margin than 43% of similar nonprofits.
Top Officer Pay
34th percentile
Higher top officer pay than 34% of similar nonprofits.
Top officer pay equals 3.3% of source-year revenue.
Asset Growth
56th percentile
Faster asset growth than 56% of similar nonprofits.
Revenue Growth
31st percentile
Faster revenue growth than 31% of similar nonprofits.
Assets
Up$120,905,162
Up $5,660,217 (+4.9%) from 2015
Net Assets
Up$11,818,612
Up $307,172 (+2.7%) from 2015
Liabilities
Up$109,086,550
Up $5,353,045 (+5.2%) from 2015
Revenue
Up$5,213,298
Up $134,245 (+2.6%) from 2015
Expenses
Up$4,746,087
Up $275,695 (+6.2%) from 2015
Net Income
Down$467,211
Down $141,450 (-23%) from 2015
Through our "attitude of excellence" ripco credit union delivers exceptional financial services while building lifelong relationships - one member at a time.
To encourage thrift among members and provide the necessary financial products at competitive prices to enable each member to improve his or her respective social and economic well-being, while not losing sight of the ultimate goal of RIPCO Credit Union as an efficient and sound financial institution.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Other Notes and Loans Receivable, Net | $58,222,197 | $62,161,127 | ▲ $3,938,930 |
| Investments Other Securities | $4,651,050 | $28,578,015 | ▲ $23,926,965 |
| Investments in Publicly Traded Securities | $16,791,055 | $16,963,071 | ▲ $172,016 |
| Rtn Earn Endowment Incm Other Fnds | $11,511,440 | $11,818,612 | ▲ $307,172 |
| Savings and Temporary Cash Investments | $28,995,960 | $7,326,918 | ▼ $21,669,042 |
| Land, Buildings, and Equipment, Net | $2,668,015 | $2,537,967 | ▼ $130,048 |
| Cash and Non-Interest-Bearing Accounts | $2,302,394 | $1,604,395 | ▼ $697,999 |
| Intangible Assets | $332,333 | $274,529 | ▼ $57,804 |
| Accounts Receivable | $97,689 | $217,799 | ▲ $120,110 |
| Prepaid Expenses and Deferred Charges | $132,286 | $127,064 | ▼ $5,222 |
| Pd in Cap Srpls Land Bldg Eqp Fund | $0 | $0 | → $0 |
| Cap Stk Tr Prin Current Funds | $0 | $0 | → $0 |
| Total Assets | $115,244,945 | $120,905,162 | ▲ $5,660,217 |
| Other Assets Total | $1,051,966 | $1,114,277 | ▲ $62,311 |
| Liabilities | |||
| Other Liabilities | $103,039,581 | $108,173,875 | ▲ $5,134,294 |
| Accounts Payable and Accrued Expenses | $693,924 | $736,484 | ▲ $42,560 |
| Deferred Revenue | $0 | $176,191 | ▲ $176,191 |
| Total Liabilities | $103,733,505 | $109,086,550 | ▲ $5,353,045 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $11,511,440 | $11,818,612 | ▲ $307,172 |
| Total Liabilities and Net Assets / Fund Balance | $115,244,945 | $120,905,162 | ▲ $5,660,217 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $1,991,573 | $2,379,681 | $4,371,254 |
| Equipment | $281,808 | $1,284,919 | $1,566,727 |
| Other Land Buildings | $71,978 | $206,062 | $278,040 |
| Land | $192,608 | - | $192,608 |
| Other Securities | $1,860,465 | - | - |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Liza Edinger | President/CEO | FT | $112,548 | $57,672 | $170,220 |
| Steven Ferch | Chairman | - | $2,400 | - | $2,400 |
| David Lehman | Secretary | - | $1,200 | - | $1,200 |
| Douglas Joslin | Vice CHAIRMAN | - | $1,200 | - | $1,200 |
| Rod Olson | Treasurer | - | $1,200 | - | $1,200 |
| Maggie Steffen | Director | - | $600 | - | $600 |
| Bill Vancos | Director | - | $550 | - | $550 |
| Heather Schallock | Director | - | $500 | - | $500 |
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| CUAnswers | Core Data Processor | 6000 28th Street SE Suite 100, Grand Rapids, MI 49546 | $322,469 |
| Star Systems Inc | Debit Card Processor | 1100 Carr Rd, Wilmington, DE 19809 | $253,805 |
| Pscu | Credit Card Processor | 560 Carillon Parkway, St Petersburg, FL 33716 | $114,065 |
| Line Item | Amount |
|---|---|
| Other Expenses | $2,505,466 |
| Salaries, Compensation, and Employee Benefits | $2,236,222 |
| Grants and Similar Amounts Paid | $4,399 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | - | - | - | $1,474,251 |
| Office Expenses | - | - | - | $420,016 |
| Other Employee Benefits | - | - | - | $349,076 |
| Depreciation Depletion | - | - | - | $286,136 |
| All Other Expenses | - | - | - | $248,404 |
| Fees for Services Other | - | - | - | $218,265 |
| Occupancy | - | - | - | $197,384 |
| Current Officers, Directors, Trustees, and Key Employees | - | - | - | $177,870 |
| Other Expenses | - | - | - | $147,315 |
| Payroll Taxes | - | - | - | $127,622 |
| Advertising | - | - | - | $118,761 |
| Pension Plan Contributions | - | - | - | $107,403 |
| Information Technology | - | - | - | $81,980 |
| Conferences and Meetings | - | - | - | $67,434 |
| Insurance | - | - | - | $44,215 |
| Fees for Services Accounting | - | - | - | $13,415 |
| Grants to Domestic Orgs | - | - | - | $4,399 |
| Total Functional Expenses | $0 | $0 | $0 | $4,746,087 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Members Shares | $108,173,875 |
“A member is any qualified person or business that has a $5.00 deposit in a savings account at Ripco Credit Union. A member is qualified to vote if they are a member in good standing, are 18 years or older and have been a member for at least one year. Qualifying members have equal rights to vote to elect the governing body of Ripco Credit Union.”
“Members vote for directors at the annual meeting. Terms for directors are 3 years.”
“Any person that qualifies to be a member of ripco credit union has voting rights to elect the governing body (board of directors). Each year we hold an annual meeting of members and any directors that are up for reelection are voted in by the members.”
“The Form 990 is reviewed by the Vice President of Operations prior to submission to the Internal Revenue Service.”
“The board of directors has a salary committee that meets annually. The President/CEO presents a recommendation of a dollar amount to be used for employee increases and bonuses. The President/CEO provides information and statistics to support her recommendation. At that same meeting, the President/CEO excuses herself and the committee then reviews the information provided and discusses and recommends a salary increase and bonus for the President/CEO. Prior to that meeting, the board secretary mails out a packet containing at least two salary surveys and other pertinent information regarding credit union President/CEO salaries. The committee approves the president's bonus and salary for the upcoming year and presents this to the full board at the next board meeting and it is then approved by the full board.”
“Governing Documents And Policies Are Available To The Public Upon Request.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 693924 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 736484 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 97689 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 217799 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | To encourage thrift among members and provide the necessary financial products at competitive prices to enable each member to improve his or her respective social and economic well-being, while not losing sight of the ultimate goal of RIPCO Credit Union as an efficient and sound financial institution. |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 118761 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 248404 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | Liza Edinger |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 7153654800 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 121 Sutliff Avenue |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | Rhinelander |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | WI |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 54501 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt | 0 | 0 |
| IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 2302394 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 1604395 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 3 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 177870 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 1 |
| IRS990/CompensationProcessOtherInd | 0 | 1 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 67434 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 0 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 0 | 322469 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 1 | 253805 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 2 | 114065 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 0 | 6000 28th Street SE Suite 100 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 1 | 1100 Carr Rd |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 2 | 560 Carillon Parkway |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 0 | Grand Rapids |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 1 | Wilmington |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 2 | St Petersburg |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 0 | MI |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 1 | DE |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 2 | FL |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 0 | 49546 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 1 | 19809 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 2 | 33716 |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 0 | CUAnswers |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 1 | Star Systems Inc |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 2 | PSCU |
| IRS990/ContractorCompensationGrp/ServicesDesc | 0 | Core Data Processor |
| IRS990/ContractorCompensationGrp/ServicesDesc | 1 | Debit Card Processor |
| IRS990/ContractorCompensationGrp/ServicesDesc | 2 | Credit Card Processor |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 4399 |
| IRS990/CYInvestmentIncomeAmt | 0 | 724014 |
| IRS990/CYOtherExpensesAmt | 0 | 2505466 |
| IRS990/CYOtherRevenueAmt | 0 | 108063 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 4381221 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 467211 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 2236222 |
| IRS990/CYTotalExpensesAmt | 0 | 4746087 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 5213298 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 1 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 0 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 176191 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 286136 |
| IRS990/Desc | 0 | RIPCO Credit Union serves approximately 13,000 members. We provide loans to members and pay dividends on member share accounts, sharedraft accounts and certificates. |
| IRS990/DescribedInSection501c3Ind | 0 | 0 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 1 |
| IRS990/EmployeeCnt | 0 | 54 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 1 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 13415 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 218265 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 39500 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | Heather Schallock |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | Maggie Steffen |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | Bill Vancos |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | STEVEN FERCH |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | DOUGLAS JOSLIN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | DAVID LEHMAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | Rod Olson |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | LIZA EDINGER |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 500 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 600 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 550 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 2400 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 1200 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 1200 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 1200 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 130720 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | Chairman |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | Vice CHAIRMAN |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | Secretary |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | Treasurer |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | PRESIDENT/CEO |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 0 |
| IRS990/Form990TFiledInd | 0 | 1 |
| IRS990/FormationYr | 0 | 1932 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedInd | 0 | 0 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GainOrLossGrp/OtherAmt | 0 | -6323 |
| IRS990/GainOrLossGrp/SecuritiesAmt | 0 | 29927 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 7 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 4399 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt | 0 | 29927 |
| IRS990/GrossReceiptsAmt | 0 | 5219621 |
| IRS990/GrossRentsGrp/RealAmt | 0 | 32004 |
| IRS990/GroupExemptionNum | 0 | 2157 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
| IRS990/IndependentVotingMemberCnt | 0 | 3 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 1 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 81980 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 44215 |
| IRS990/IntangibleAssetsGrp/BOYAmt | 0 | 332333 |
| IRS990/IntangibleAssetsGrp/EOYAmt | 0 | 274529 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 700410 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 700410 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt | 0 | 4651050 |
| IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt | 0 | 28578015 |
| IRS990/InvestmentsPubTradedSecGrp/BOYAmt | 0 | 16791055 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 16963071 |
| IRS990/IRPDocumentCnt | 0 | 2683 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 3870662 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 2668015 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 2537967 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 6408629 |
| IRS990/LegalDomicileStateCd | 0 | WI |
| IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt | 0 | 6323 |
| IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt | 0 | 0 |
| IRS990/LessRentalExpensesGrp/RealAmt | 0 | 0 |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 1 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 1 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 8971 |
| IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt | 0 | 8971 |
| IRS990/MissionDesc | 0 | Through our "Attitude of Excellence" RIPCO Credit Union delivers exceptional financial services while building lifelong relationships - one member at a time. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 11511440 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 11818612 |
| IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt | 0 | 23604 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | 23604 |
| IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt | 0 | 32004 |
| IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 32004 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | -21983 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | -160039 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 197384 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 420016 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrgDoesNotFollowSFAS117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 1051966 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 1114277 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 349076 |
| IRS990/OtherExpensesGrp/Desc | 0 | ATM Expense |
| IRS990/OtherExpensesGrp/Desc | 1 | Dividends On Member Sha |
| IRS990/OtherExpensesGrp/Desc | 2 | Bad Debt Expense |
| IRS990/OtherExpensesGrp/Desc | 3 | Loan Servicing Expense |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 253805 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 226350 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 181986 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 147315 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 103039581 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 108173875 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 522100 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 1 | 522100 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 2 | 522100 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | OTHER DEPOSIT FEE INCO |
| IRS990/OtherRevenueMiscGrp/Desc | 1 | RECOVERY ON CHARGED OF |
| IRS990/OtherRevenueMiscGrp/Desc | 2 | LOAN PREMIUM AMORITIZA |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 62627 |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 1 | 3975 |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 2 | 486 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 62627 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 1 | 3975 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 2 | 486 |
| IRS990/OtherRevenueTotalAmt | 0 | 76059 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 1474251 |
| IRS990/OthNotesLoansReceivableNetGrp/BOYAmt | 0 | 58222197 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 62161127 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 127622 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt | 0 | 0 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt | 0 | 0 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 107403 |
| IRS990/PoliciesReferenceChaptersInd | 0 | 1 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 132286 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 127064 |
| IRS990/PrincipalOfficerNm | 0 | Liza Edinger |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 522100 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 522100 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 2 | 522100 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 3 | 522100 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | INTEREST on loans |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | Fee income |
| IRS990/ProgramServiceRevenueGrp/Desc | 2 | INTERCHANGE INCOME |
| IRS990/ProgramServiceRevenueGrp/Desc | 3 | sale of insurance |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 3211831 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 1054993 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 2 | 76708 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 3 | 29076 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 3211831 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 1063606 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 2 | 76708 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 3 | 29076 |
| IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 8613 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | RIPCO actively promotes thrift to young people in the communities we serve. The MOOLA MOOLA club is an exclusive savings club for kids age 10 and under. Children are encouraged to bring their own transactions to the credit union and receive a prize for each deposit. Members of The club also receive personal invitations to MOOLA MOOLA programs, parties and events throughout the year.RIPCO also opened a limited service branch at the local high school to promote saving amongst local youth. |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 4059 |
| IRS990/PYInvestmentIncomeAmt | 0 | 690143 |
| IRS990/PYOtherExpensesAmt | 0 | 2314265 |
| IRS990/PYOtherRevenueAmt | 0 | 123341 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 4265569 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 608661 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 2152068 |
| IRS990/PYTotalExpensesAmt | 0 | 4470392 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 5079053 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 467211 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/RentalIncomeOrLossGrp/RealAmt | 0 | 32004 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 1 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt | 0 | 11511440 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt | 0 | 11818612 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 28995960 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 7326918 |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 1991573 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 2379681 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 4371254 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 281808 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 1284919 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 1566727 |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 192608 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 192608 |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 71978 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 206062 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 278040 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 108173875 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | MEMBERS SHARES |
| IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt | 0 | 21195000 |
| IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt | 1 | 2987000 |
| IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt | 2 | 106181 |
| IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt | 3 | 429369 |
| IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt | 4 | 2000000 |
| IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt | 5 | 1860465 |
| IRS990ScheduleD/OtherSecuritiesGrp/Desc | 0 | Deposits in Commercial Banks |
| IRS990ScheduleD/OtherSecuritiesGrp/Desc | 1 | Loans to and Investments in natural person credit unions |
| IRS990ScheduleD/OtherSecuritiesGrp/Desc | 2 | Membership capital at corp |
| IRS990ScheduleD/OtherSecuritiesGrp/Desc | 3 | Paid in Capital at corp |
| IRS990ScheduleD/OtherSecuritiesGrp/Desc | 4 | All other investments in Corporate Credit Unions |
| IRS990ScheduleD/OtherSecuritiesGrp/Desc | 5 | All other Investments |
| IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd | 0 | C |
| IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd | 1 | C |
| IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd | 2 | C |
| IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd | 3 | C |
| IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd | 4 | C |
| IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd | 5 | C |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 2537967 |
| IRS990ScheduleD/TotalBookValueSecuritiesAmt | 0 | 28578015 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 108173875 |
| IRS990ScheduleJ/BoardOrCommitteeApprovalInd | 0 | X |
| IRS990ScheduleJ/CompensationCommitteeInd | 0 | X |
| IRS990ScheduleJ/CompensationSurveyInd | 0 | X |
| IRS990ScheduleJ/EquityBasedCompArrngmInd | 0 | 0 |
| IRS990ScheduleJ/Form990OfOtherOrganizationsInd | 0 | X |
| IRS990/ScheduleJRequiredInd | 0 | 1 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt | 0 | 112548 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount | 0 | 17789 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt | 0 | 12885 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt | 0 | 26615 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt | 0 | 383 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm | 0 | LIZA EDINGER |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt | 0 | PRESIDENT/CEO |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt | 0 | 170220 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/SeverancePaymentInd | 0 | 0 |
| IRS990ScheduleJ/SupplementalNonqualRtrPlanInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | A member is any qualified person or business that has a $5.00 deposit in a savings account at Ripco Credit Union. A member is qualified to vote if they are a member in good standing, are 18 years or older and have been a member for at least one year. Qualifying members have equal rights to vote to elect the governing body of Ripco Credit Union. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Members vote for directors at the annual meeting. Terms for directors are 3 years. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ANY PERSON THAT QUALIFIES TO BE A MEMBER OF RIPCO CREDIT UNION HAS VOTING RIGHTS TO ELECT THE GOVERNING BODY (BOARD OF DIRECTORS). EACH YEAR WE HOLD AN ANNUAL MEETING OF MEMBERS AND ANY DIRECTORS THAT ARE UP FOR REELECTION ARE VOTED IN BY THE MEMBERS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | The Form 990 is reviewed by the Vice President of Operations prior to submission to the Internal Revenue Service. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | The board of directors has a salary committee that meets annually. The President/CEO presents a recommendation of a dollar amount to be used for employee increases and bonuses. The President/CEO provides information and statistics to support her recommendation. At that same meeting, the President/CEO excuses herself and the committee then reviews the information provided and discusses and recommends a salary increase and bonus for the President/CEO. Prior to that meeting, the board secretary mails out a packet containing at least two salary surveys and other pertinent information regarding credit union President/CEO salaries. The committee approves the president's bonus and salary for the upcoming year and presents this to the full board at the next board meeting and it is then approved by the full board. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | Governing Documents And Policies Are Available To The Public Upon Request. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990, Part VI, Section A, line 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990, Part VI, Section A, line 7a |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990, Part VI, Section A, line 7b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990, Part VI, Section B, line 11b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Form 990, Part VI, Section B, line 15 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Form 990, Part VI, Section C, line 19 |
| IRS990/SchoolOperatingInd | 0 | 0 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TempOrPermanentEndowmentsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
| IRS990/TotalAssetsBOYAmt | 0 | 115244945 |
| IRS990/TotalAssetsEOYAmt | 0 | 120905162 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 115244945 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 120905162 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 1 |
| IRS990/TotalEmployeeCnt | 0 | 54 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 4746087 |
| IRS990/TotalGrossUBIAmt | 0 | 8613 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 103733505 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 109086550 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 103733505 |
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Displayed year
2016 • Form 990Detailed filing. Detailed filing data is available for this year.
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