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Nonprofit · EIN 81-4538349

RIVER HERITAGE CONSERVANCY INC

Tax-exempt · JEFFERSONVLLE, IN 47130

Financials

$2.1M$1.3M2023$16.5M$2.6M2024$16.7M$3.1M2025
Revenue Expenses · by fiscal year end
Financials of RIVER HERITAGE CONSERVANCY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$16,703,300$3,143,999$13,559,301$48,997,235$1,509,976$47,487,259
December 31, 2024990$16,506,702$2,571,576$13,935,126$34,868,733$941,100$33,927,633
December 31, 2023990$2,135,564$1,281,950$853,614$20,271,308$279,475$19,991,833
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$16,139,207
of which government grants
$15,030,385
Membership dues
$1,200
Program service revenue
$0
Investment income
$488,411
Net rental income
$9,550
Net income from fundraising events
$37,774
Other revenue
$75,682

Expenses

Grants and similar amounts paid
$2,800
Compensation of officers, directors and key employees
$290,108
Other salaries and wages
$723,746
Salaries, compensation and benefits (total)
$1,192,049
Professional fundraising fees
$0
Legal fees
$601,685
Accounting fees
$135,358
Occupancy
$312,881
Depreciation
$60,262
Program services (functional)
$2,211,540
Management and general (functional)
$577,651
Fundraising (functional)
$354,808

Balance sheet and other

Total assets, start of year
$34,868,733
Total assets, end of year
$48,997,235
Total liabilities, end of year
$1,509,976
Net assets, end of year
$47,487,259
Land, buildings and equipment
$12,991,581
Publicly traded securities
$12,503
Net assets without donor restrictions
$36,080,505
Net assets with donor restrictions
$11,406,754
Gross receipts
$16,720,926
Employees
11
Volunteers
12
Year formed
2016
State of legal domicile
IN

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
DENNIS SCHNURBUSCHCEO
Officer
50$241,500$48,608
KEVIN BECKDIRECTOR OF PARK OPERATIONS
Highest-paid employee
50$134,550$37,542
DAVID BELLDIRECTOR OF DEVELOPMENT
Highest-paid employee
50$124,200$23,095
KENT LANUMBOARD CHAIRMAN
Trustee or director, Officer
1$0$0
CHARLOTTE IPSANBOARD VICE CHAIR
Trustee or director, Officer
1$0$0
JAMES D KENNEY IIISECRETARY
Trustee or director, Officer
1$0$0
N WILLIAM WHITETREASURER
Trustee or director, Officer
1$0$0
TYLER ALLENDIRECTOR
Trustee or director
1$0$0
KEITH BAUMANNDIRECTOR
Trustee or director
1$0$0
WILLIAM L BURNS JRDIRECTOR
Trustee or director
1$0$0
DANA HUBERDIRECTOR
Trustee or director
1$0$0
RANDAL F KOETTERDIRECTOR
Trustee or director
1$0$0
STEVE STEMLERDIRECTOR
Trustee or director
1$0$0
GREG ZOELLERDIRECTOR
Trustee or director
1$0$0
BRANDT BAUGHMANDIRECTOR
Trustee or director
1$0$0
990 for the year ended December 31, 2024: 17 people
NameTitleHours / weekCompensationOther / benefits
DENNIS SCHNURBUSCHCEO
Officer
50$213,980$25,672
KEVIN BECKDIRECTOR OF PARK OPERATIONS
Highest-paid employee
40$123,864$40,347
SUSAN RADEMACHERFORMER EXECUTIVE DIRECTOR
Officer
50$80,167$850
KENT LANUMBOARD CHAIRMAN
Trustee or director, Officer
1$0$0
CHARLOTTE IPSANBOARD VICE CHAIR
Trustee or director, Officer
1$0$0
JAMES D KENNEY IIISECRETARY
Trustee or director, Officer
1$0$0
BILL WHITETREASURER
Trustee or director, Officer
1$0$0
TYLER ALLENDIRECTOR
Trustee or director
1$0$0
KEVIN BAITYDIRECTOR
Trustee or director
1$0$0
KEITH BAUMANNDIRECTOR
Trustee or director
1$0$0
WILLIAM L BURNS JRDIRECTOR
Trustee or director
1$0$0
TERRY COLEMANDIRECTOR
Trustee or director
1$0$0
DANA HUBERDIRECTOR
Trustee or director
1$0$0
RANDAL F KOETTERDIRECTOR
Trustee or director
1$0$0
RUDY SPENCERDIRECTOR
Trustee or director
1$0$0
STEVE STEMLERDIRECTOR
Trustee or director
1$0$0
GREG ZOLLERDIRECTOR
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 15 people
NameTitleHours / weekCompensationOther / benefits
SUSAN RADEMACHEREXECUTIVE DIRECTOR
Officer
50$170,000$10,535
CHARLOTTE IPSANDIRECTOR
Trustee or director
1$0$0
DANA HUBERDIRECTOR
Trustee or director
1$0$0
GREG ZOLLERDIRECTOR
Trustee or director
1$0$0
KEVIN BAITYDIRECTOR
Trustee or director
1$0$0
RANDY KOETTERDIRECTOR
Trustee or director
1$0$0
STEVE STEMLERDIRECTOR
Trustee or director
1$0$0
TERRY COLEMANDIRECTOR
Trustee or director
1$0$0
TYLER ALLENDIRECTOR
Trustee or director
1$0$0
WILLIAM KEITH BAUMANNDIRECTOR
Trustee or director
1$0$0
WILLIAM L BURNS JRDIRECTOR
Trustee or director
1$0$0
KENT W LANUMBOARD CHAIRMAN
Trustee or director, Officer
1$0$0
RUDY SPENCERVICE CHAIRMAN
Trustee or director, Officer
1$0$0
JAMES D KENNEY IIISECRETARY
Trustee or director, Officer
1$0$0
N WILLIAM WHITETREASURER
Trustee or director, Officer
1$0$0

Address and contacts

Address (IRS master file)
630 WALNUT ST, JEFFERSONVLLE, IN 47130-3625
In care of
% KENT W LANUM
Principal officer (990 for 2025)
DENNIS SCHNURBUSCH II, 630 WALNUT ST, JEFFERSONVILLE, IN 47130
Signed the 990
DENNIS SCHNURBUSCH II, CHIEF EXECUTIVE OFFICER
Phone
(812) 463-3553
Return prepared by
LBMC PC

Mission

RIVER HERITAGE CONSERVANCY IS A 501(C)(3) ORGANIZATION DEDICATED TO CREATING, IMPROVING, AND SUSTAINING EXCEPTIONAL PARKS AND LANDSCAPES WITH NATURAL AND HISTORIC RESOURCES UNIQUE TO THE FALLS OF THE OHIO AREA, AND TO ADVANCING OUR REGION'S QUALITY OF LIFE AND ENVIRONMENT.

990 for the year ended December 31, 2025

Program accomplishments

  • FOUNDED IN 2016, RIVER HERITAGE CONSERVANCY, INC. (THE ORGANIZATION) IS AN INDIANA BASED NONPROFIT CORPORATION FORMED TO CREATE, IMPROVE, AND SUSTAIN EXCEPTIONAL PARKS WITH NATURAL AND HISTORIC RESOURCES UNIQUE TO THE FALLS OF THE OHIO AREA, ADVANCING THE REGION'S QUALITY OF LIFE AND ENVIRONMENT THROUGH PUBLIC/PRIVATE PARTNERSHIPS. ORIGIN PARK IS THE CENTERPIECE PROJECT FOR THIS INITIATIVE, FOR WHICH THE ORGANIZATION HAS ACQUIRED DEVELOPMENT CONTROL OF 340 ACRES OF THE PLANNED 430 ACRE PARK AND PRODUCED A MASTER PLAN.THE ORGANIZATION'S PRIMARY SOURCE OF SUPPORT HAS BEEN PROVIDED BY THE LOCAL PHILANTHROPIC COMMUNITY THROUGH GRANTS AND CONTRIBUTIONS. GOING FORWARD, THE ORGANIZATION, WORKING WITH COMMUNITY LEADERS AND COMMUNITY ORGANIZATIONS WILL UNDERTAKE THE ROLE OF SOLICITING AND ACCEPTING CONTRIBUTIONS AND GRANTS FROM THE GENERAL PUBLIC, GOVERNMENTAL ORGANIZATIONS, AND OTHER FUNDING SOURCES.WITH AN EXPANDED TEAM OF NINE FULL-TIME EMPLOYEES AND A VOLUNTEER BOARD OF DIRECTORS, RIVER HERITAGE CONSERVANCY (RHC) ADVANCED BOTH THE SIZE AND SCOPE OF ORIGIN PARK WHILE ACTIVATING AREAS FOR PUBLIC ACCESS AND PROGRAMMING THROUGH PARTNERSHIPS WITH LOCAL ORGANIZATIONS. KEY ACTIVITIES INCLUDED SECURING ADDITIONAL LAND PURCHASE AGREEMENTS, CONDUCTING ENVIRONMENTAL INVESTIGATIONS, FACILITATING PUBLIC ENGAGEMENT INITIATIVES, AND FOCUSING ON IDENTIFYING ADDITIONAL FUNDING SOURCES.ON JULY 24, 2023, THE ORGANIZATION'S BOARD OF DIRECTORS PASSED A MOTION TO CREATE A NEW SINGLE MEMBER LIMITED LIABILITY COMPANY IN INDIANA TO OPERATE AND POSSIBLY OWN THE WHITEWATER FACILITY. THE NEW SINGLE MEMBER LLC WAS FORMED IN AUGUST 2023 AND IS NAMED WILDWATER VENTURES, LLC.THE CONSOLIDATED FINANCIAL STATEMENTS INCLUDE THE ACCOUNTS OF THE ORGANIZATION AND WILDWATER VENTURES, LLC. ALL INTERCOMPANY TRANSACTIONS AND ACCOUNTS HAVE BEEN ELIMINATED.
    Expenses $2,211,540 · grants $2,800
  • THE ORGANIZATION CONTINUED DEVELOPMENT OF WILDWATER AT ORIGIN PARK, THE FACILITY ORIGINALLY REFERRED TO AS AN "OUTDOOR ADVENTURE PARK" IN THE ORGANIZATION'S 1023. THE PURPOSE OF WILDWATER AT ORIGIN PARK IS PROVIDING AN INLAND WHITEWATER RECREATIONAL EXPERIENCE WITH KAYAKING, ROCK CLIMBING, ZIPLINING AND WATER SAFETY INTEGRATED WITHIN THE LARGER PARK STRUCTURE. WILDWATER AT ORIGIN PARK IS INTENDED TO PAY HONOR TO OUR REGION'S HISTORICAL VANTAGE POINT AT THE NEARBY FALLS OF THE OHIO RIVER WITH ALL EXCESS REVENUE PROCEEDS FROM ITS OPERATIONS TO BE USED FOR MAINTENANCE OF THE FACILITY, EDUCATION, PROGRAMMING AND OVERALL UPKEEP OF THE ENTIRE ORIGIN PARK FOOTPRINT IN WHICH IT RESIDES.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
81-4538349
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2018
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$48,997,235
Income (IRS master file)
$16,720,926

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$16,703,300$3,143,999$48,997,235XML
990December 2024$16,506,702$2,571,576$34,868,733XML
990December 2023$2,135,564$1,281,950$20,271,308XML
990December 2022$6,264,561$933,670$14,761,072IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 81-4538349).

Questions about RIVER HERITAGE CONSERVANCY INC

What is the EIN of RIVER HERITAGE CONSERVANCY INC?
The employer identification number (EIN) of RIVER HERITAGE CONSERVANCY INC is 81-4538349.
Is RIVER HERITAGE CONSERVANCY INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
Are donations to RIVER HERITAGE CONSERVANCY INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does RIVER HERITAGE CONSERVANCY INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of RIVER HERITAGE CONSERVANCY INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did RIVER HERITAGE CONSERVANCY INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of RIVER HERITAGE CONSERVANCY INC?
The 990 for the year ended December 31, 2025 names DENNIS SCHNURBUSCH II.
Who are the officers and directors of RIVER HERITAGE CONSERVANCY INC?
The 990 for the year ended December 31, 2025 lists 15 people; 3 received compensation from the organization, the highest $241,500 (DENNIS SCHNURBUSCH, CEO).
How much revenue does RIVER HERITAGE CONSERVANCY INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $16,703,300, expenses of $3,143,999 and total assets of $48,997,235 at year end.

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