RIVER HERITAGE CONSERVANCY INC

EIN: 814538349 501(c)(3) Recreation & Sports

JEFFERSONVILLE, IN

Total Revenue
$16,506,702
Total Expenses
$2,571,576
Total Assets
$34,868,733
Net Assets
$33,927,633
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
IN
Principal Officer
DENNIS SCHNURBUSCH II
Phone
8127863420
Tax Period
2024-01-01 to 2024-12-31

RIVER HERITAGE CONSERVANCY INC, founded in 2016, is a mid-sized nonprofit in the Recreation & Sports sector that reported $16.5M in total revenue in fiscal year 2024. Revenue surged 673% from the prior year, signaling strong growth momentum. The organization ran a surplus of $13.9M, a strong 84% operating margin.

Mission

CREATING, IMPROVING, AND SUSTAINING EXCEPTIONAL PARKS AND LANDSCAPES

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $16,283,687
Program Service Revenue $0
Investment Income $212,358
Other Revenue $10,657
TOTAL REVENUE $16,506,702

Expense Breakdown

Grants Paid $3,000
Salaries & Benefits $896,164
Fundraising Expenses $121,694
Program Expenses $1,800,768
Other Expenses $1,672,412
TOTAL EXPENSES $2,571,576

Year-over-Year Comparison

2024 2023 Change
Revenue $16,506,702 $2,135,564 +6.7%
Expenses $2,571,576 $1,281,950 +1.0%
Net Income $13,935,126 $853,614 +15.3%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✓ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
14
Independent Members
14
Employees
9
Volunteers
14

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✓ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$320,669
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DENNIS SCHNURBUSCH CEO 50.00
Officer
$213,980 $25,672 $239,652
SUSAN RADEMACHER FORMER EXECUTIVE DIRECTOR 50.00
Officer
$80,167 $850 $81,017
KEVIN BECK DIRECTOR OF PARK OPERATIONS 40.00
Highest
$123,864 $40,347 $164,211
KENT LANUM BOARD CHAIRMAN 1.00
Officer Director
$0 $0 $0
CHARLOTTE IPSAN BOARD VICE CHAIR 1.00
Officer Director
$0 $0 $0
JAMES D KENNEY III SECRETARY 1.00
Officer Director
$0 $0 $0
BILL WHITE TREASURER 1.00
Officer Director
$0 $0 $0
TYLER ALLEN DIRECTOR 1.00
Director
$0 $0 $0
KEVIN BAITY DIRECTOR 1.00
Director
$0 $0 $0
KEITH BAUMANN DIRECTOR 1.00
Director
$0 $0 $0
WILLIAM L BURNS JR DIRECTOR 1.00
Director
$0 $0 $0
TERRY COLEMAN DIRECTOR 1.00
Director
$0 $0 $0
DANA HUBER DIRECTOR 1.00
Director
$0 $0 $0
RANDAL F KOETTER DIRECTOR 1.00
Director
$0 $0 $0
RUDY SPENCER DIRECTOR 1.00
Director
$0 $0 $0
STEVE STEMLER DIRECTOR 1.00
Director
$0 $0 $0
GREG ZOLLER DIRECTOR 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $16,506,702 $2,571,576 $34,868,733 $13,935,126
2023 $2,135,564 $1,281,950 $20,271,308 $853,614
2022 $6,264,561 $933,670 $14,761,072 $5,330,891
2021 $2,150,020 $656,477 $9,182,654 $1,493,543
2020 $4,395,424 $460,308 $7,674,580 $3,935,116
2019 $858,797 $371,281 $3,006,490 $487,516
2018 $1,682,145 $465,876 $2,518,329 $1,216,269
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