2026-09-11T14:04:44-05:00 2025-12-31 621199757 LBMC PC 325 WEST MAIN STREET STE 1600 LOUISVILLE KY 40202 990 2025-01-01 814538349 RIVER HERITAGE CONSERVANCY INC RIVE 8124633553 630 WALNUT ST JEFFERSONVILLE IN 47130 DENNIS SCHNURBUSCH II CHIEF EXECUTIVE OFFICER 8124633553 2026-09-11 1 ABIGAIL CAMPBELL P01296738 5025851600 2025 DENNIS SCHNURBUSCH II 630 WALNUT ST JEFFERSONVILLE IN 47130 16720926 0 X HTTP://RIVERHERITAGECONSERVANCY.ORG X 2016 IN CREATING, IMPROVING, AND SUSTAINING EXCEPTIONAL PARKS AND LANDSCAPES. 12 12 11 12 0 0 16283687 16139207 0 0 212358 488411 10657 75682 16506702 16703300 3000 2800 0 0 896164 1192049 0 0 354808 1672412 1949150 2571576 3143999 13935126 13559301 34868733 48997235 941100 1509976 33927633 47487259 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 2211540 2800 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. 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. 2211540 1 1 0 1 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 19 0 1 11 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 12 12 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 8124633553 630 WALNUT ST JEFFERSONVILLE IN 47130 DENNIS SCHNURBUSCH CEO 50.00 X 241500 0 48608 KEVIN BECK DIRECTOR OF PARK OPERATIONS 50.00 X 134550 0 37542 DAVID BELL DIRECTOR OF DEVELOPMENT 50.00 X 124200 0 23095 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 N WILLIAM WHITE TREASURER 1.00 X X 0 0 0 TYLER ALLEN 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 DANA HUBER DIRECTOR 1.00 X 0 0 0 RANDAL F KOETTER DIRECTOR 1.00 X 0 0 0 STEVE STEMLER DIRECTOR 1.00 X 0 0 0 GREG ZOELLER DIRECTOR 1.00 X 0 0 0 BRANDT BAUGHMAN DIRECTOR 1.00 X 0 0 0 500250 0 109245 3 0 1 0 DEAN BUILDS INC 109 MERCER CT LEXINGTON KY 40511 CONSTRUCTION CONTRACTOR 10824015 CALIBRE ENGINEERING INC 8822 S RIDGELINE BLVD STE 310 HIGHLANDS RANCH CO 80129 ENGINEERING SERVICES 1075548 PERKINS & WILL PO BOX 71181 STE 300 CHICAGO IL 606941181 ARCHITECTS 1074823 CONSTRUCTION SOLUTIONS SALES AND SERVI PO BOX 22645 LOUISVILLE KY 40252 CONSTRUCTION SERVICES 674186 SME PO BOX 7410915 CHICAGO IL 606740915 ENVIRONMENTAL ENGINEERS 616768 16 1200 15030385 1107622 16139207 488411 488411 9550 0 9550 9550 9550 55400 17626 37774 37774 MISCELLANEOUS REVENUE 900099 25516 25516 VISTA REVENUE 900099 2842 2842 28358 16703300 28358 0 535735 X 2800 2800 290108 145054 87032 58022 723746 361873 217124 144749 29470 14735 8841 5894 81225 40613 24367 16245 67500 33750 20250 13500 601685 601685 135358 135358 384543 384543 241356 241356 57968 57968 312881 236662 76219 60262 60262 13111 13111 FUNDRAISING EXPENSE 116398 116398 MISCELLANEOUS EXPENSE 25588 25588 3143999 2211540 577651 354808 11829 16782 17676903 13233307 2278876 1376700 11064 13245 13102898 111317 9042788 12991581 12178 12503 5835095 21353117 34868733 48997235 690785 1296658 250315 213318 941100 1509976 X 18494489 36080505 15433144 11406754 33927633 47487259 34868733 48997235 13559301 325 0 X 0 1 X 0 0 X 2136365 6216336 1569269 16283687 16139207 42344864 2136365 6216336 1569269 16283687 16139207 42344864 9255813 33089051 13655 48225 94269 216558 497961 870668 471912 6457 83758 562127 43777659 0.75580 0.69210 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. 11687232 11687232 1014043 30261 983782 7800 823 6977 200403 72084 128319 193420 8149 185271 12991581 CONSTRUCTION IN PROGRESS 21141492 RIGHT OF USE ASSET, OPERATING LEASES 211625 21353117 OPERATING LEASE LIABILITIES 213318 213318 X 16721251 325 17626 17951 16703300 0 16703300 3161625 17626 17626 3143999 0 3143999 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, 2025 AND 2024, 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. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 17,626. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 17,626. X X X X X X X 0 JGA (JOHNSON GROSSNICKLE & ASSOCIATES) 29 SOUTH PARK BLVD GREENWOOD IN 46143 FUNDRAISING CONSULTING 0 0 114880 0 114880 IN GOLF SCRAMBLE 55400 55400 5253 12024 349 55400 55400 5253 12024 349 17626 37774 X X X 0 0 0 0 0 0 0 0 0 DENNIS SCHNURBUSCH CEO 241500 0 0 0 0 0 14490 0 34118 0 290108 0 0 0 KEVIN BECK DIRECTOR OF PARK OPERATIONS 134550 0 0 0 0 0 8073 0 29469 0 172092 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE EXECUTIVE COMMITTEE REVIEW THE FORM 990 BEFORE FILING TO 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 384,543. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 384,543. WILDWATER VENTURES LLC 129 E COURT AVE JEFFERSONVILLE IN 47130 932834518 WHITEWATER PARK IN -750 5071 RIVER HERITAGE CONSERVANCY INC