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Nonprofit · EIN 62-1273871

RIVERCITY COMPANY

Tax-exempt · CHATTANOOGA, TN 37402

Financials

$2.2M$1.9M2023$6.2M$2.9M2024
Revenue Expenses · by fiscal year end
Financials of RIVERCITY COMPANY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$6,243,206$2,925,907$3,317,299$28,194,101$425,067$27,769,034
June 30, 2024990$2,154,114$1,935,305$218,809$24,762,934$521,826$24,241,108
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$1,665,312
Program service revenue
$54,923
Investment income
$3,252,762
Net rental income
$1,270,209
Net gain from sales of assets
$2,956,656
Other revenue
$1,270,209

Expenses

Grants and similar amounts paid
$5,000
Compensation of officers, directors and key employees
$404,438
Salaries, compensation and benefits (total)
$935,804
Professional fundraising fees
$0
Legal fees
$27,801
Accounting fees
$53,680
Occupancy
$32,837
Travel
$15,392
Depreciation
$56,132
Program services (functional)
$2,397,485
Management and general (functional)
$528,422

Balance sheet and other

Total assets, start of year
$24,762,934
Total assets, end of year
$28,194,101
Total liabilities, end of year
$425,067
Net assets, end of year
$27,769,034
Land, buildings and equipment
$16,479,499
Net assets without donor restrictions
$27,144,385
Net assets with donor restrictions
$624,649
Gross receipts
$10,362,428
Employees
26
Volunteers
170
Year formed
1986
State of legal domicile
TN

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
EMILY MACKPRESIDENT
Officer
40$246,334$15,044
JIM WILLIAMSONVICE PRESIDENT
Highest-paid employee
40$123,226$19,834
JENNIFER GOODMANCHAIRWOMAN
Trustee or director, Officer
1$0$0
ROY VAUGHNVICE CHAIR
Trustee or director, Officer
1$0$0
MARTHA CULP MILLENERSECRETARY
Trustee or director, Officer
1$0$0
MARTHA LEIPERTREASURER
Trustee or director, Officer
1$0$0
ALNOOR DHANANIVICE PRESIDENT
Trustee or director, Officer
1$0$0
REBECCA ASHFORDDIRECTOR
Trustee or director
1$0$0
JOHAN DE NYSSCHENDIRECTOR
Trustee or director
1$0$0
JEFF EVERSOLEDIRECTOR
Trustee or director
1$0$0
BRENT GOLDBERGDIRECTOR
Trustee or director
1$0$0
LESLIE GOWERDIRECTOR
Trustee or director
1$0$0
ALTHEA JONESDIRECTOR
Trustee or director
1$0$0
MAYOR WESTON WAMPDIRECTOR
Trustee or director
1$0$0
MAYOR TIM KELLYDIRECTOR
Trustee or director
1$0$0
7 more people on this return
NameTitleHours / weekCompensation
JENNY HILLDIRECTOR
Trustee or director
1$0
JAMES MCKISSICDIRECTOR
Trustee or director
1$0
DAVID WADEDIRECTOR
Trustee or director
1$0
SUSAN HARRISDIRECTOR
Trustee or director
1$0
CHARLES WOODDIRECTOR
Trustee or director
1$0
JASON PROVONSHADIRECTOR
Trustee or director
1$0
TOM WHITEDIRECTOR
Trustee or director
1$0
990 for the year ended June 30, 2024: 20 people
NameTitleHours / weekCompensationOther / benefits
EMILY MACKPRESIDENT
Officer
40$239,703$10,236
JIM WILLIAMSONVICE PRESIDENT
Officer
40$117,326$13,303
JENNIFER GOODMANCHAIRWOMAN
Trustee or director, Officer
1$0$0
ROY VAUGHNVICE CHAIR
Trustee or director, Officer
1$0$0
MARTHA CULP MILLENERSECRETARY
Trustee or director, Officer
1$0$0
MARTHA LEIPERTREASURER
Trustee or director, Officer
1$0$0
ALNOOR DHANANIVICE PRESIDENT
Trustee or director, Officer
1$0$0
REBECCA ASHFORDDIRECTOR
Trustee or director
1$0$0
JOHAN DE NYSSCHENDIRECTOR
Trustee or director
1$0$0
COUNCILWOMAN RAQUETTA DOTLEYDIRECTOR
Trustee or director
1$0$0
BRENT GOLDBERGDIRECTOR
Trustee or director
1$0$0
LESLIE GOWERDIRECTOR
Trustee or director
1$0$0
ALTHEA JONESDIRECTOR
Trustee or director
1$0$0
MAYOR WESTON WAMPDIRECTOR
Trustee or director
1$0$0
MAYOR TIM KELLYDIRECTOR
Trustee or director
1$0$0
COMMISSIONER DAVID SHARPEDIRECTOR
Trustee or director
1$0$0
JAMES MCKISSICDIRECTOR
Trustee or director
1$0$0
DAVID WADEDIRECTOR
Trustee or director
1$0$0
BARRY WHITEDIRECTOR
Trustee or director
1$0$0
CHARLES WOODDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
850 MARKET ST STE 200, CHATTANOOGA, TN 37402-2654
Principal officer (990 for 2024)
EMILY MACK, 850 MARKET ST MILLER PLAZA 200, CHATTANOOGA, TN 37402
Signed the 990
EMILY MACK, PRESIDENT
Phone
(423) 265-3700
Return prepared by
HENDERSON HUTCHERSON & MCCULLOUGH PLLC

Mission

THE RIVERCITY COMPANY'S MISSION IS TO ASSIST AND SUPPORT THE CHATTANOOGA CITY AND HAMILTON COUNTY GOVERNMENTS BY PROMOTING AND MANAGING THE DEVELOPMENT OF A VIBRANT, ATTRACTIVE AND HEALTHY DOWNTOWN THAT IS THE ECONOMIC, SOCIAL AND CULTURAL CENTERPIECE OF THE CHATTANOOGA REGION. THE RIVERCITY COMPANY ACCOMPLISHES THIS BY OVERSEEING DEVELOPMENT OF DOWNTOWN REAL ESTATE, MAKING AND PROGRAMMING GREAT URBAN SPACES, AND EMPLOYING CREATIVE URBAN DESIGN. ITS PRIMARY STRATEGIC AREAS FOR PROJECTS AND INITIATIVES ARE: (I) CONTINUING THE ONE RIVERFRONT PLAN IN THE RIVERFRONT DISTRICT, (II) REINVIGORATING THE HISTORIC COMMERCIAL CORE IN THE CITY CENTER DISTRICT, AND (III) BRINGING MORE RESIDENTS TO ALL AREAS OF DOWNTOWN THROUGH CATALYZING A FULL RANGE OF DOWNTOWN HOUSING.

990 for the year ended June 30, 2025

Program accomplishments

  • EVOLVING OUR RIVERFRONT PARKS: THE FIRST PHASE OF THE ONE RIVERFRONT PLAN THROUGH COMMUNITY INPUT SEES THE FOUNDATION OF THE ONE RIVERFRONT PLAN IS TO HUMANIZE THE PARKS AND GREEN SPACE ON THE RIVERFRONT. BUILDING UPON THE LEGACY AND DESIGN OF THE 21ST CENTURY WATERFRONT, WE WILL EVOLVE AND ENHANCE OUR RIVERFRONT PARKS FOR RESIDENTS AND VISITORS TO EXPERIENCE AND ENJOY BEAUTIFUL, COMFORTABLE AND EXCITING PARK SPACES. THE "EVOLVING OUR RIVERFRONT PARKS" PLAN IS A SERIES OF ENHANCEMENTS THAT WILL HONOR HISTORY, CONNECT CORRIDORS IN THE DISTRICT, EMBRACE ECOLOGY, SOFTEN AND PROVIDE SHADE, ALONG WITH USING THE INSPIRATION OF A SOUTHERN PORCH FOR AREAS ALONG THE RIVER.
    Expenses $1,372,077
  • FUTURE OF HAWK HILL: WITH THE ANTICIPATED RELOCATION OF THE CHATTANOOGA LOOKOUTS BASEBALL TEAM FROM AT&T FIELD TO THE U.S. PIPE & WHELAND FOUNDRY SITE, HAWK HILL WILL BECOME AVAILABLE FOR REDEVELOPMENT. PER THE LAND TRANSFER AGREEMENT WITH THE CITY OF CHATTANOOGA ONCE THE CHATTANOOGA LOOKOUTS HAVE RELOCATED TO THE NEW STADIUM. RIVERCITY COMPANY ALONG WITH THE CITY, COMMUNITY INPUT, URBAN PLANNERS AND DOWNTOWN STAKEHOLDERS TO ASSIST IN DEVELOPING A COMPREHENSIVE, LONG-TERM VISION FOR THE SITE TO GUIDE FUTURE REDEVELOPMENT. WITH THIS INFORMATION, RIVERCITY COMPANY WILL EXPLORE POTENTIAL LAND USES, DENSITY, PUBLIC SPACES, CONNECTIVITY, AND THE NECESSARY INFRASTRUCTURE TO SUPPORT FUTURE REDEVELOPMENT.
    Expenses $182,480
  • EMERGING PRODUCERS: RIVERCITY HAS DEVELOPED A PROGRAM FOR INDIVIDUALS PRODUCING EVENTS IN DOWNTOWN IN CHATTANOOGA. THE EMERGING PRODUCERS PROGRAM IS TO PROVIDE EDUCATION AND HANDS-ON TRAINING TO THOSE WITH 2 YEARS OR LESS OF EXPERIENCE. THE PROGRAM TEACHES A WIDE VARIETY OF TOPICS FROM PERMITS, INSURANCE TO SAFETY ALONG WITH HOW TO CREATE PARTNERSHIPS, MARKETING AND CONTRACTOR MANAGEMENT FOR EVENT PRODUCTION. THE LAST SIX MONTHS OF THE PROGRAM ALLOWS EACH COHORT MEMBER TO TAKE THE LEAD ON PRODUCING AN EVENT IN DOWNTOWN WITH THE OTHER COHORT MEMBERS IN THE PROGRAM SUPPORTING THE WORK.
    Expenses $81,609
  • DOWNTOWN ANIMATION: RIVERCITY BUILT OFF THE SUCCESS OF DOWNTOWN ANIMATION FROM THE PAST TWO YEARS WITH A ROBUST CALENDAR OF ACTIVITIES AND EVENTS FOR 2024/2025. EVENTS AND PROGRAMS INCLUDES; NOONTUNES, ICE CREAM CRAWL, SUMMERWEEN, TAKE A BREAK IN MILLER PARK AND REINDEER ON THE RIVERFRONT.GRATEFULL: GRATEFULL IS FREE AND ALL ARE WELCOME TO JOIN TOGETHER FOR A THANKSGIVING MEAL IN THE MIDDLE OF MARTIN LUTHER KING BLVD. THERE IS NO FEE, NO EXPECTATIONS, AND NO AGENDA JUST AN OPEN INVITATION FOR ALL TO GATHER IN THE CITY FOR A TIME OF THANKSGIVING AND GRATEFULNESS.BEAUTIFICATION: RIVERCITY IN PARTNERSHIP WITH THE CITY OF CHATTANOOGA PUBLIC ART, INSTALLED NEW BANNERS FOR THE CITY CENTER DISTRICT. RIVERCITY ALSO MANAGES THE SNOWFLAKE LIGHTING DURING THE HOLIDAYS TO HELP WITH BEAUTIFICATION EFFORTS DOWNTOWN.SPORT SPOT: RIVERCITY INSTALLED A TEMPORARY POP UP RECREATIONAL EXPERIENCE UNDER THE OLGIATIE BRIDGE ON THE RIVERFRONT IN DOWNTOWN CHATTANOOGA. THE PURPOSE WAS TO TEST CONCEPTS FROM THE "EVOLVING OUR RIVERFRONT PARKS" PLANNING PROCESS AND TO GATHER REAL TIME FEEDBACK FROM USERS. FOUR DIFFERENT PUBLIC PLAY SPACES WERE AVAILABLE; PUMP TRACK COURSE, ROLLER SKATING RINK, PICKLEBALL COURT AND BASKETBALL COURT.REIMAGINE BROAD STREET: RIVERCITY ALONG WITH THE CITY EMBARKED ON A COMPREHENSIVE AND VISIONARY PLAN FOR BROAD STREET IN DOWNTOWN CHATTANOOGA. THE PLAN IS A DETAILED BLOCK-BY-BLOCK URBAN DESIGN ANALYSIS THAT WILL ADDRESS THE PUBLIC REALM IMPROVEMENTS, MULTI- MODAL TRANSPORTATION ENHANCEMENTS, INTEGRATE TECHNOLOGY, GREEN INFRASTRUCTURE, PARKING, ECONOMIC DEVELOPMENT OPPORTUNITIES, ALL WHILE SUPPORTING EXISTING BUSINESSES AND URBAN RESIDENTS.PUBLIC SAFETY: IN RESPONSE TO COMMUNITY FEEDBACK SEEKING REGULAR OPPORTUNITIES FOR SHARING, RIVERCITY COMPANY, THE DOWNTOWN CHATTANOOGA ALLIANCE, CHATTANOOGA TOURISM COMPANY AND THE CHATTANOOGA AREA CHAMBER OF COMMERCE HAVE PARTNERED TO ESTABLISH QUARTERLY PUBLIC MEETINGS. THE MEETINGS INCLUDE REPRESENTATIVES FROM THE HOST ORGANIZATIONS ALONG WITH THE CHATTANOOGA POLICE DEPARTMENT AND CITY OF CHATTANOOGA TO SHARE ABOUT PROJECTS, PLANS AND WAYS FOR LOCALS TO STAY INFORMED. IT IS ALSO AN OPPORTUNITY FOR THE COMMUNITY TO ASK QUESTIONS AND PROVIDE FEEDBACK. MILLER PLAZA: MILLER PLAZA IS AN URBAN PUBLIC PARK CONSTRUCTED ALMOST THREE DECADES AGO IN THE HEART OF DOWNTOWN CHATTANOOGA; IT WAS BUILT BOTH TO PROVIDE A MODEL OF GOOD URBAN DESIGN FOR "ACTIVE PARK USE", AND TO PROVIDE A VENUE FOR AN ENORMOUS VARIETY OF ANIMATING ACTIVITIES FOR DOWNTOWN. WHEN IT WAS CONSTRUCTED, DOWNTOWN CHATTANOOGA WAS SLIDING DOWNHILL WITH ABANDONED RETAIL STORES, CLOSED MOVIE THEATERS, OFFICES AND RESIDENCES RELOCATING TO OUTLYING SUBURBAN AREAS, AND A VACUUM OF ATTRACTIVE ACTIVITY AND ANIMATION, ESPECIALLY AFTER WORK HOURS ENDED. MILLER PLAZA WAS THE FIRST BEACON FOR THE REVIVAL OF DOWNTOWN CHATTANOOGA, AND MILLER PLAZA NOW SERVES AS THE HOME FOR THREE RESTAURANTS AND ONE RETAIL SHOP, SEASONAL FRIDAY NIGHT CONCERT SERIES FROM MEMORIAL DAY TO LABOR DAY, AND A VENUE FOR MANY DOZENS OF CIVIC GATHERINGS AND ACTIVITIES. MILLER PLAZA IS OWNED TY THE RIVERCITY COMPANY AND IT CONTINUES TO PROVIDE THE SOCIAL ANCHOR FOR EVENTS AND ANIMATION WITHIN THE CITY CENTER DISTRICT OF DOWNTOWN CHATTANOOGA.
    Expenses $761,319 · grants $5,000 · revenue $53,969

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
62-1273871
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization, Type II
Donations deductible (Pub 78)
Supporting organization, 50% limit
Exempt since
1987
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$28,194,101
Income (IRS master file)
$10,362,428

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$6,243,206$2,925,907$28,194,101IRS
990-TJune 2025–––IRS
990June 2024$2,154,114$1,935,305$24,762,934XML
990-TJune 2024–––IRS
990June 2023$2,411,061$2,078,117$24,591,593IRS
990-TJune 2023–––IRS
990June 2022–––IRS
990-TJune 2022–––IRS
990June 2021–––IRS
990-TJune 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 62-1273871).

Questions about RIVERCITY COMPANY

What is the EIN of RIVERCITY COMPANY?
The employer identification number (EIN) of RIVERCITY COMPANY is 62-1273871.
Is RIVERCITY COMPANY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1987.
Are donations to RIVERCITY COMPANY tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
Which annual return does RIVERCITY COMPANY file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of RIVERCITY COMPANY due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did RIVERCITY COMPANY last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of RIVERCITY COMPANY?
The 990 for the year ended June 30, 2025 names EMILY MACK.
Who are the officers and directors of RIVERCITY COMPANY?
The 990 for the year ended June 30, 2025 lists 22 people; 2 received compensation from the organization, the highest $246,334 (EMILY MACK, PRESIDENT).
How much revenue does RIVERCITY COMPANY have?
On its 990 for the year ended June 30, 2025 it reported revenue of $6,243,206, expenses of $2,925,907 and total assets of $28,194,101 at year end.

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