2025-08-04T15:48:04-05:00 2024-12-31 621199757 LBMC PC 325 WEST MAIN STREET STE 1600 LOUISVILLE KY 40202 990 2024-01-01 814538349 RIVER HERITAGE CONSERVANCY INC RIVE 8127863420 PO BOX 486 JEFFERSONVILLE IN 47131 DENNIS SCHNURBUSCH CHIEF EXECUTIVE OFFICER 8127863420 2025-07-30 1 1 ABIGAIL CAMPBELL P01296738 5025851600 2024 2025-03-06 01:10:19Z DENNIS SCHNURBUSCH II PO BOX 486 JEFFERSONVILLE IN 47131 16506702 0 X HTTP://RIVERHERITAGECONSERVANCY.ORG X 2016 IN CREATING, IMPROVING, AND SUSTAINING EXCEPTIONAL PARKS AND LANDSCAPES 14 14 9 14 0 0 1569269 16283687 0 0 90183 212358 476112 10657 2135564 16506702 6215 3000 0 0 501438 896164 4400 0 121694 769897 1672412 1281950 2571576 853614 13935126 20271308 34868733 279475 941100 19991833 33927633 X 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. 0 0 1800768 3000 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 MORE THAN 300 ACRES OF THE PLANNED 430 ACRE PARK, PRODUCED A MASTER PLAN, AND UNDERTAKEN PHASE 1 CONSTRUCTION ON 141 ACRES. 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 EIGHT 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. 1800768 1 1 0 1 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 27 0 1 9 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 IN X DENNIS SCHNURBUSCH II 8127863420 PO BOX 486 JEFFERSONVILLE IN 47131 DENNIS SCHNURBUSCH CEO 50.00 X 213980 0 25672 SUSAN RADEMACHER FORMER EXECUTIVE DIRECTOR 50.00 X 80167 0 850 KEVIN BECK DIRECTOR OF PARK OPERATIONS 40.00 X 123864 0 40347 KENT LANUM BOARD CHAIRMAN 1.00 X X 0 0 0 CHARLOTTE IPSAN BOARD VICE CHAIR 1.00 X X 0 0 0 JAMES D KENNEY III SECRETARY 1.00 X X 0 0 0 BILL WHITE TREASURER 1.00 X X 0 0 0 TYLER ALLEN DIRECTOR 1.00 X 0 0 0 KEVIN BAITY DIRECTOR 1.00 X 0 0 0 KEITH BAUMANN DIRECTOR 1.00 X 0 0 0 WILLIAM L BURNS JR DIRECTOR 1.00 X 0 0 0 TERRY COLEMAN DIRECTOR 1.00 X 0 0 0 DANA HUBER DIRECTOR 1.00 X 0 0 0 RANDAL F KOETTER DIRECTOR 1.00 X 0 0 0 RUDY SPENCER DIRECTOR 1.00 X 0 0 0 STEVE STEMLER DIRECTOR 1.00 X 0 0 0 GREG ZOLLER DIRECTOR 1.00 X 0 0 0 418011 0 66869 2 0 1 0 OLIN PARTNERSHIP 1617 JFK BOULEVARD SUITE 1900 PHILADELPHIA PA 19103 ARCHITECTS 460420 BOSE MCKINNEY & EVANS LLP 111 MONUMENT CIRCLE STE 2700 INDIANAPOLIS IN 46204 LEGAL SERVICES 256163 JOSEPH & JOSEPH ARCHITECTS 550 S FOURTH STREET LOUISVILLE KY 40202 ARCHITECTS 152020 BOSE PUBLIC AFFAIRS GROUP LLC 111 MONUMENT CIRCLE STE 2700 INDIANAPOLIS IN 46204 LOBBYING FIRM 144000 KASEY MAIER CONSULTING LLC 505 MACON AVE LOUISVILLE KY 40207 DEVELOPMENT CONSULTANT 122500 6 249023 16034664 242655 16283687 212358 212358 4200 0 4200 4200 4200 3582 0 3582 3582 MISCELLANEOUS REVENUE 900099 2875 2875 2875 16506702 2875 0 220140 X 3000 3000 320669 320669 422935 211468 126880 84587 17007 8504 5102 3401 90014 45007 27004 18003 45539 22769 13662 9108 624161 624161 98505 98505 491107 491107 136181 136181 49067 49067 205086 146710 58376 26754 26754 13356 13356 MISCELLANEOUS EXPENSE 21600 21600 FUNDRAISING EXPENSE 6595 6595 2571576 1800768 649114 121694 220553 11829 3929637 17676903 3403470 2278876 4488 11064 9093843 51055 6948097 9042788 8447 12178 5756616 5835095 20271308 34868733 279439 690785 36 0 250315 279475 941100 X 14133801 18494489 5858032 15433144 19991833 33927633 20271308 34868733 13935126 674 0 X 0 1 X 0 0 X 4385082 2136365 6216336 1569264 16389342 30696389 4385082 2136365 6216336 1569264 16389342 30696389 8854004 21842385 10342 13655 48225 94268 220140 386630 471912 2875 474787 31557806 0.69210 0.33400 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 144000 144000 0 PART II-B, LINE 1, LOBBYING ACTIVITIES: HIRE A PUBLIC AFFAIRS FIRM TO MANAGE GOVERNMENT RELATIONS, LOBBYING, AND PUBLICATIONS. 7880046 7880046 1014043 6072 1007971 7800 303 7497 158534 43203 115331 33420 1477 31943 9042788 CONSTRUCTION IN PROGRESS 5584780 RIGHT OF USE ASSET, OPERATING LEASES 250315 5835095 OPERATING LEASE LIABILITIES 250315 250315 X 16538876 674 31500 32174 16506702 0 16506702 2603076 31500 31500 2571576 0 2571576 PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND APPLICABLE STATE AND LOCAL STATUTES. ACCOUNTING STANDARDS PRESCRIBE HOW AN ENTITY SHOULD MEASURE, RECOGNIZE, PRESENT, AND DISCLOSE IN ITS CONSOLIDATED FINANCIAL STATEMENTS UNCERTAIN TAX POSITIONS THAT AN ENTITY HAS TAKEN OR EXPECTS TO TAKE ON A TAX RETURN. A TAX PROVISION RELATED TO UNCERTAIN TAX POSITIONS IS RECOGNIZED ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WOULD NOT BE SUSTAINED ON EXAMINATION BY THE TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023, THERE WERE NO UNCERTAIN TAX POSITIONS AND THE ORGANIZATION DID NOT INCUR OR ACCRUE ANY ASSOCIATED INTEREST OR PENALTIES RELATED TO THOSE POSITIONS. NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. X X X 0 0 0 0 0 0 0 0 0 DENNIS SCHNURBUSCH CEO 213980 0 0 0 0 0 8625 0 17047 0 239652 0 0 0 KEVIN BECK DIRECTOR OF PARK OPERATIONS 123864 0 0 0 0 0 7475 0 32872 0 164211 0 0 0 X 1 42655 FMV X 1 200000 FMV 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM AND REVIEWED BY THE EXECUTIVE DIRECTOR AND MEMBERS OF THE BOARD FOR ACCURACY AND COMPLETENESS PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ALL DIRECTORS MUST ABIDE BY STANDARDS OF ETHICAL CONDUCT WHILE PERFORMING THEIR DUTIES AS DIRECTORS OF THE CORPORATION, AS MORE PARTICULARLY PRESCRIBED BY INDIANA LAW. THE PURPOSE OF THE CONFLICT OF INTEREST POLICY IS TO PROTECT THE CORPORATION'S INTEREST WHEN IT IS CONTEMPLATING ENTERING INTO A TRANSACTION OR ARRANGEMENT THAT MIGHT BENEFIT THE PRIVATE INTEREST OF AN OFFICER OR DIRECTOR OF THE CORPORATION. THIS POLICY IS INTENDED TO SUPPLEMENT BUT NOT REPLACE ANY APPLICABLE STATE LAWS GOVERNING CONFLICTS OF INTEREST APPLICABLE TO NONPROFIT AND CHARITABLE CORPORATIONS. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE AND NATURE OF HIS OR HER FINANCIAL INTEREST TO THE DIRECTORS (AND TO MEMBERS OF COMMITTEES, IF ANY WITH BOARD-DELEGATED POWERS) WHO ARE CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSING HIS OR HER FINANCIAL INTEREST, THE INTERESTED PERSON MUST LEAVE THE BOARD OR COMMITTEE MEETING WHILE THE FINANCIAL INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS MUST DECIDE IF A CONFLICT OF INTEREST EXISTS. THE CHAIRMAN OF THE BOARD OR COMMITTEE MUST, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER EXERCISING DUE DILIGENCE, THE BOARD OR COMMITTEE MUST DETERMINE WHETHER THE CORPORATION CAN OBTAIN A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT WITH REASONABLE EFFORTS FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY ATTAINABLE UNDER CIRCUMSTANCES THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST, THE BOARD OR COMMITTEE MUST DETERMINE, BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS OR COMMITTEE MEMBERS, WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE CORPORATION'S BEST INTEREST AND FOR ITS OWN BENEFIT, AND WHETHER THE TRANSACTION IS FAIR AND REASONABLE TO THE CORPORATION. THE BOARD OR COMMITTEE MUST MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANAGEMENT IN CONFORMITY WITH SUCH DETERMINATION. IF THE BOARD OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE THAT A MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT MUST INFORM THE MEMBER OF THE BASIS FOR SUCH BELIEF AND AFFORD THE MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF, AFTER HEARING THE RESPONSE OF THE MEMBER AND MAKING SUCH FURTHER INVESTIGATION AS MAY BE WARRANTED IN THE CIRCUMSTANCES, THE BOARD OR COMMITTEE DETERMINES THAT THE MEMBER HAS IN FACT FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT MUST TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. THE MINUTES OF THE BOARD AND OF ALL COMMITTEES WITH BOARD-DELEGATED POWERS MUST CONTAIN: THE NAMES OF THE PERSONS (IF ANY) WHO DISCLOSED OR OTHERWISE WERE FOUND TO HAVE A FINANCIAL INTEREST IN CONNECTION WITH AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, THE NATURE OF THE FINANCIAL INTEREST, ANY ACTION TAKEN TO DETERMINE WHETHER A CONFLICT OF INTEREST WAS PRESENT, AND THE BOARD'S OR COMMITTEE'S DECISION AS TO WHETHER A CONFLICT OF INTEREST IN FACT EXISTED; AND THE NAMES OF THE PERSONS WHO WERE PRESENT FOR DISCUSSIONS AND VOTES RELATING TO THE TRANSACTION OR ARRANGEMENT, THE CONTENT OF THE DISCUSSION, INCLUDING ANY ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANAGEMENT, AND A RECORD OF ANY VOTES TAKEN IN CONNECTION THEREWITH. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES THEIR GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G OTHER CONTRACT SERVICES: PROGRAM SERVICE EXPENSES 491,107. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 491,107. WILDWATER VENTURES LLC 129 E COURT AVE JEFFERSONVILLE IN 47130 932834518 WHITEWATER PARK IN -2880 5561 RIVER HERITAGE CONSERVANCY INC