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CHARITY REVIEW
Issued: June 2025 Expires: June 2027

River Heritage Conservancy

Accredited Charity
Accredited Charity

Meets Standards
(812) 463-3553
630 Walnut St
Jeffersonville, IN, 47130-3625
https://www.riverheritageconservancy.org
📄 Full Report 🖨️ Print 📋 BBB Charity Standards

Standards For Charity Accountability

Governance

  1. Board Oversight
  2. Board Size
  3. Board Meetings
  4. Board Compensation
  5. Conflict of Interest

Measuring Effectiveness

  1. Effectiveness Policy
  2. Effectiveness Report

Finances

  1. Program Expenses
  2. Fundraising Expenses
  3. Accumulating Funds
  4. Audit Report
  5. Detailed Expense Breakdown
  6. Accurate Expense Reporting
  7. Budget Plan

Fundraising & Info

  1. Truthful Materials
  2. Annual Report
  3. Website Disclosures
  4. Donor Privacy
  5. Cause Marketing Disclosures
  6. Complaints

River Heritage Conservancy meets the 20 Standards for Charity Accountability.

BBB has determined that River Heritage Conservancy's program expenses are reasonable even though its program service expense ratio is under the 65% requirement in Standard 8.

Stated Purpose:
Create, improve, and sustain exceptional parks and landscapes with natural and historic resources unique to the Falls of the Ohio area, and which advance the region’s quality of life and environment through public-private partnerships.

Year, State Incorporated:
2016, IN

Origin Park is a project of River Heritage Conservancy—a 430-acre urban park located along the Indiana shore of the Ohio River. Designed to offer an ecologically restored, adventure-filled public space, the park will feature over 22 miles of trails, a state-of-the-art Event Center for community gatherings, and a Wildwater Adventure Center with rafting, zip lines, and more. Once complete, Origin Park is expected to attract 2 million visitors annually, create nearly 3,000 jobs, and significantly enhance the regional economy and quality of life.

For the year ended December 31, 2023, River Heritage Conservancy's program expenses were:

Park operations $820,181
Total Program Expenses $820,181

Chief Executive
Dennis Schnurbusch, Chief Executive Officer

Chair of the Board
Mr. Kent W. Lanum

Chair's Profession / Business Affiliation
President, Ogle Foundation

Board Size
12

Paid Staff Size
10

Method(s) Used:
Invitations to fund raising events, Grant proposals, Internet, Planned giving arrangements, Cause-related marketing (affinity credit cards, consumer product sales, etc.), Membership appeals, Appeals via Social Media (Facebook, etc.)

% of Related Contributions on Fundraising: 8.44%

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.

The following information is based on River Heritage Conservancy's audited financial statements - consolidated for the year ended December 31, 2023.

Source of Funds
Contributions $1,565,610
Tax credit proceeds $471,912
Interest income $90,073
Rental income $4,200
Grants $3,654
Investment income $214
Total Income $2,135,663

Programs: 64% Fundraising: 10% Administrative: 26%

Total Income $2,135,663
Total expenses: $1,281,950
  Program expenses $820,181
  Fundraising expenses $132,386
  Administrative expenses $329,383
  Other expenses $0
Income in Excess of Expenses $853,713
Beginning Net Assets $19,138,120
Other Changes In Net Assets $0
Ending Net Assets $19,991,833
Total Liabilities $279,475
Total Assets $20,271,308

Ending net assets as reported above include $14,133,801 without donor restrictions and $5,858,032 with donor restrictions.

Total assets as reported above include $6,948,097 in land, park assets, and equipment, net, and $5,210,178 for construction in-progress.

An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.

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RELATED CONTENT

Report completed by:
BBB serving Greater Kentucky and South Central Indiana