Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jun 2018.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
70 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
17 people listed on the 990; $418K paid to officers and key staff.
Dennis Schnurbusch’s $214K as CEO is at the 21st percentile of top reported officer pay among 290 $10–100M recreation & sports nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 5 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Dennis Schnurbusch | $213,980 | — | — | — | — |
| Scott Martin | — | — | — | $192,938 | $176,323 |
| Susan Rademacher | $80,167 | $170,000 | $170,000 | — | — |
| Kevin Beck | $123,864 | — | — | — | — |
| Douglas E Scott | — | — | $105,000 | — | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aNo
Programs and updates
Preserves parklands along the Ohio River for recreation and environmental needs.
Questions for River Heritage Conservancy INC
Your first name shows with your question. River Heritage Conservancy INC answers here, for everyone.
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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.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2024 990, line by line.
Download 990
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $4.2M | $17.7M |
| InvestmentsLn 11–13 | $8K | $12K |
| Land, buildings, equipmentLn 10c | $6.9M | $9.0M |
| Total assetsLn 16 | $20.3M | $34.9M |
| LiabilitiesLn 26 | $279K | $941K |
| Net assetsLn 32 | $20.0M | $33.9M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $3K | $3K | ||
| Pay of current officers, directors and key staffLn 5 | $321K | $321K | ||
| Other salaries and wagesLn 7 | $423K | $211K | $127K | $85K |
| Pension plan contributionsLn 8 | $17K | $9K | $5K | $3K |
| Other employee benefitsLn 9 | $90K | $45K | $27K | $18K |
| Payroll taxesLn 10 | $46K | $23K | $14K | $9K |
| Legal feesLn 11b | $624K | $624K | ||
| Accounting feesLn 11c | $99K | $99K | ||
| Other fees for servicesLn 11g | $491K | $491K | ||
| Advertising and promotionLn 12 | $136K | $136K | ||
| Office expensesLn 13 | $49K | $49K | ||
| OccupancyLn 16 | $205K | $147K | $58K | |
| Depreciation, depletion and amortizationLn 22 | $27K | $27K | ||
| InsuranceLn 23 | $13K | $13K | ||
| Other expenses (24a–d)Ln 24 | $28K | $22K | $7K | |
| Total functional expensesLn 25 | $2.6M | $1.8M | $649K | $122K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest Viewing | $16.5M | $2.6M | $13.9M | $33.9M | 990 PDF |
| FY2023 | $2.1M | $1.3M | $854K | $20.0M | 990 PDF |
| FY2022 | $6.3M | $934K | $5.3M | $14.5M | 990 PDF |
| FY2021 | $2.2M | $656K | $1.5M | $9.2M | 990 PDF |
| FY2020 | $4.4M | $460K | $3.9M | $7.7M | 990 PDF |
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Schedules filed Part IV
See the full FY2024 990 (6 parts)
Part I · Summary $16,506,702 revenue, 12 lines filed
Part VI · Governance 14 of 14 board members independent, 1 to look at
Part VIII · Statement of revenue $16,506,702 across 9 lines filed
Part IX · Statement of functional expenses $2,571,576 across 15 lines filed
Part X · Balance sheet $34,868,733 assets, 15 lines filed
Part XI · Reconciliation of net assets $33,927,633 net assets at year end
Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File
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