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Nonprofit · EIN 62-1811726

MEMPHIS RIVER PARKS PARTNERSHIP INC

Tax-exempt · MEMPHIS, TN 38103

Financials

$7.7M$28.5M2022$5.4M$11.1M2023$10.8M$11.4M2024
Revenue Expenses · by fiscal year end
Financials of MEMPHIS RIVER PARKS PARTNERSHIP INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$10,797,390$11,409,774-$612,384$17,284,298$16,227,724$1,056,574
June 30, 2024990$5,404,990$11,056,601-$5,651,611$26,657,110$24,988,152$1,668,958
June 30, 2023990$7,696,270$28,519,514-$20,823,244$25,503,761$18,183,192$7,320,569
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$6,032,249
of which government grants
$5,622,345
Program service revenue
$4,714,241
Investment income
$668
Net income from sales of inventory
$50,232
Other revenue
$50,232

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$447,309
Other salaries and wages
$994,319
Salaries, compensation and benefits (total)
$1,679,189
Professional fundraising fees
$0
Travel
$17,599
Depreciation
$120,821
Program services (functional)
$9,567,197
Management and general (functional)
$1,242,000
Fundraising (functional)
$600,577

Balance sheet and other

Total assets, start of year
$26,657,110
Total assets, end of year
$17,284,298
Total liabilities, end of year
$16,227,724
Net assets, end of year
$1,056,574
Land, buildings and equipment
$271,000
Net assets without donor restrictions
$1,056,574
Gross receipts
$10,797,390
Employees
50
Volunteers
139
Year formed
2000
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
CAROL COLETTAFORMER PRESIDENT
Officer
40$248,917$19,456
ARTHUR DAVISCHIEF OPERATING OFFICER
Officer
40$163,061$15,875
MICHAEL NOLANDIRECTOR OF SEPCIAL PROJEC
Highest-paid employee
40$153,981$9,423
SAM CANTORCHAIR
Trustee or director, Officer
1$0$0
TAMMY LOCASCIOVICE CHAIR
Trustee or director, Officer
1$0$0
ERIC BROWNTREASURER
Trustee or director, Officer
1$0$0
BILLY ORGELSECOND ASSISTANT TREASURER
Trustee or director, Officer
1$0$0
GABE FRANCESCHISECRETARY
Trustee or director, Officer
1$0$0
TERESA SLOYANASSISTANT SECRETARY
Trustee or director, Officer
1$0$0
GREGORY M DUCKETCHAIR EMERITUS
Trustee or director, Officer
1$0$0
CALVIN ANDERSONGOV'T RELATIONS
Trustee or director, Officer
1$0$0
BRUCE B HOPKINSDEVELOPMENT CHAIR
Trustee or director, Officer
1$0$0
MAXINE MAX WONDRIESBOARD MEMBER
Trustee or director
1$0$0
ROBERT CRADDOCKBOARD MEMBER
Trustee or director
1$0$0
LIZ GILLILANDBOARD MEMBER
Trustee or director
1$0$0
14 more people on this return
NameTitleHours / weekCompensation
TOM GRIMESBOARD MEMBER
Trustee or director
1$0
PENELOPE HUSTONBOARD MEMBER
Trustee or director
1$0
KIM JORDANBOARD MEMBER
Trustee or director
1$0
CATHY LYNCHBOARD MEMBER
Trustee or director
1$0
MICHELLE MCKISSACKBOARD MEMBER
Trustee or director
1$0
BRUCE MCMULLENBOARD MEMBER
Trustee or director
1$0
JERRI GREENBOARD MEMBER
Trustee or director
1$0
VAN D TURNER JRBOARD MEMBER
Trustee or director
1$0
MOLLY WEXLERBOARD MEMBER
Trustee or director
1$0
GARY K WUNDERLICH JRBOARD MEMBER
Trustee or director
1$0
JUSTICE BOLDENBOARD MEMBER
Trustee or director
1$0
JEN ANDREWSBOARD MEMBER - EX-OFFICIO
Trustee or director
1$0
CHANDELL RYANBOARD MEMBER - EX-OFFICIO
Trustee or director
1$0
PAUL CHANDLERPRESIDENT
Officer
0$0
990 for the year ended June 30, 2024: 36 people
NameTitleHours / weekCompensationOther / benefits
CAROL COLETTAPRESIDENT
Officer
40$234,417$19,025
ARTHUR DAVISCHIEF OPERATING OFFICER
Officer
40$152,228$15,059
GEORGE ABBOTDIRECTOR OF EXTERNAL AFFAIRS
Highest-paid employee
40$138,805$14,914
MICHAEL NOLANDIRECTOR OF RIVERFRONT PROPERTY
Highest-paid employee
40$144,808$7,964
TYREE DANIELSCHAIR
Trustee or director, Officer
1$0$0
RAY POHLMANIMMEDIATE PAST CHAIR
Trustee or director, Officer
1$0$0
ROBERT CLARKVICE CHAIR
Trustee or director, Officer
1$0$0
SAM CANTORTREASURER
Trustee or director, Officer
1$0$0
TAMMY LOCASCIOASSISTANT SECRETARY
Trustee or director, Officer
1$0$0
GREGORY M DUCKETCHAIRPERSON EMERITUS
Trustee or director, Officer
1$0$0
CALVIN ANDERSONSECRETARY
Trustee or director
1$0$0
ROBERT CRADDOCKBOARD MEMBER
Trustee or director
1$0$0
ALAN CRONEBOARD MEMBER
Trustee or director
1$0$0
JW GIBSON IIBOARD MEMBER
Trustee or director
1$0$0
LIZ GILLILANDBOARD MEMBER
Trustee or director
1$0$0
KIM JORDANBOARD MEMBER
Trustee or director
1$0$0
BRUCE B HOPKINSBOARD MEMBER
Trustee or director
1$0$0
BILLY ORGELBOARD MEMBER
Trustee or director
1$0$0
AMITY SCHUYLERBOARD MEMBER
Trustee or director
1$0$0
TERESA SLOYANBOARD MEMBER
Trustee or director
1$0$0
VAN D TURNER JRBOARD MEMBER
Trustee or director
1$0$0
KEVIN WOODSBOARD MEMBER
Trustee or director
1$0$0
GARY K WUNDERLICH JRBOARD MEMBER
Trustee or director
1$0$0
JEN ANDREWSBOARD MEMBER - EX-OFFICIO
Trustee or director
1$0$0
CHANDELL RYANBOARD MEMBER - EX-OFFICIO
Trustee or director
1$0$0
PENELOPE HUSTONBOARD MEMBER - EX-OFFICIO
Trustee or director
1$0$0
GABE FRANCESCHIBOARD MEMBER
Trustee or director
1$0$0
BRUCE MCMULLENBOARD MEMBER
Trustee or director
1$0$0
SHANEA MCKINNEYBOARD MEMBER
Trustee or director
1$0$0
MOLLY WEXLERBOARD MEMBER
Trustee or director
1$0$0
ERIC BROWNBOARD MEMBER
Trustee or director
1$0$0
MAXINE MAX WONDRIESBOARD MEMBER
Trustee or director
1$0$0
MICHELLE MCKISSACKBOARD MEMBER
Trustee or director
1$0$0
CATHY LYNCHBOARD MEMBER
Trustee or director
1$0$0
TOM GRIMESBOARD MEMBER
Trustee or director
1$0$0
PHILIP SPINOSABOARD MEMBER
Trustee or director
1$0$0
990 for the year ended June 30, 2023: 35 people
NameTitleHours / weekCompensationOther / benefits
CAROL COLETTAPRESIDENT
Officer
40$229,454$18,800
ARTHUR DAVISCHIEF OPERATING OFFICER
Officer
40$144,075$14,881
GEORGE ABBOTDIRECTOR OF EXTERNAL AFFAI
Highest-paid employee
40$135,838$14,795
MARGARET C JOHNSONDIRECTOR OF SPECIAL PROJECTS AND DESIGN
Highest-paid employee
40$113,645$8,073
TYREE DANIELSCHAIR
Trustee or director, Officer
1$0$0
RAY POHLMANIMMEDIATE PAST CHAIR
Trustee or director, Officer
1$0$0
ROBERT CLARKVICE CHAIR
Trustee or director, Officer
1$0$0
SAM CANTORTREASURER
Trustee or director, Officer
1$0$0
TAMMY LOCASCIOASSISTANT SECRETARY
Trustee or director, Officer
1$0$0
GREGORY M DUCKETCHAIRPERSON EMERITUS
Trustee or director, Officer
1$0$0
CALVIN ANDERSONSECRETARY
Trustee or director
1$0$0
ROBERT CRADDOCKBOARD MEMBER
Trustee or director
1$0$0
ALAN CRONEBOARD MEMBER
Trustee or director
1$0$0
DALLAS GEERBOARD MEMBER
Trustee or director
1$0$0
JW GIBSON IIBOARD MEMBER
Trustee or director
1$0$0
LIZ GILLILANDBOARD MEMBER
Trustee or director
1$0$0
KIM JORDANBOARD MEMBER
Trustee or director
1$0$0
BRUCE B HOPKINSBOARD MEMBER
Trustee or director
1$0$0
LAURA MORRISBOARD MEMBER
Trustee or director
1$0$0
BILLY ORGELBOARD MEMBER
Trustee or director
1$0$0
AMITY SCHUYLERBOARD MEMBER
Trustee or director
1$0$0
TERESA SLOYANBOARD MEMBER
Trustee or director
1$0$0
VAN D TURNER JRBOARD MEMBER
Trustee or director
1$0$0
JASON WEXLERBOARD MEMBER
Trustee or director
1$0$0
KEVIN WOODSBOARD MEMBER
Trustee or director
1$0$0
GARY K WUNDERLICH JRBOARD MEMBER
Trustee or director
1$0$0
JEN ANDREWSBOARD MEMBER - EX-OFFICIO
Trustee or director
1$0$0
PAUL YOUNGBOARD MEMBER - EX-OFFICIO
Trustee or director
1$0$0
MICHALYN EASTER-THOMASBOARD MEMBER
Trustee or director
1$0$0
KRISTEN WRIGHTBOARD MEMBER
Trustee or director
1$0$0
SHANEA MCKINNEYBOARD MEMBER
Trustee or director
1$0$0
ERIC BROWNBOARD MEMBER
Trustee or director
1$0$0
MICHELLE MCKISSACKBOARD MEMBER
Trustee or director
1$0$0
KONTJI ANTHONYBOARD MEMBER
Trustee or director
1$0$0
GABE FRANCESCHIBOARD MEMBER
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
40 S MAIN STREET, MEMPHIS, TN 38103-2514
Principal officer (990 for 2024)
PAUL CHANDLER, 40 SOUTH MAIN 2800 2800, MEMPHIS, TN 38103
Signed the 990
PAUL CHANDLER, PRESIDENT & CEO
Phone
(901) 312-9190
Return prepared by
WATKINS UIBERALL PLLC

Mission

MEMPHIS RIVER PARKS PARTNERSHIP WORKS WITH AND FOR THE PEOPLE OF MEMPHIS TO TRIGGER THE TRANSFORMATIVE POWER OF OUR RIVER. THE PARTNERSHIP MANAGES, MAINTAINS, OPERATES, AND ACTIVATES FIVE CONNECTED RIVERFRONT PARK DISTRICTS OF 250 ACRES OF PARKLAND. BUILDING FROM THE MEMPHIS RIVERFRONT CONCEPT, THE PARTNERSHIP WORKS TO CREATE A CONNECTED, CATALYTIC, AND FUN RIVERFRONT FOR EVERYONE.

990 for the year ended June 30, 2025

Program accomplishments

  • MANAGED CITY OF MEMPHIS RIVERFRONT PARKS UNDER CONTRACT FROM CITY OF MEMPHIS
    Expenses $8,071,437 · revenue $4,386,590
  • MUD ISLAND WAS OPEN TO ALL FOR FREE ENTRY AS A PUBLIC PARK. VISITORS EXPLORED THE MISSISSIPPI RIVER MUSEUM, THE RIVER WALK AND THE NEW MEMPHIS SIGN. REGULAR PROGRAMS INCLUDED FREE CONCERTS AND FULL MOON KAYAKING.
    Expenses $195,712
  • MAINTENANCE, UTILITIES, LANDSCAPING AND GENERAL OPERATIONS OF BEALE STREET LANDING
    Expenses $1,300,048 · revenue $377,883

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
62-1811726
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2000
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$17,284,298
Income (IRS master file)
$10,797,390

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$10,797,390$11,409,774$17,284,298XML
990-TJune 2025–––IRS
990June 2024$5,404,990$11,056,601$26,657,110XML
990-TJune 2024–––IRS
990June 2023$7,696,270$28,519,514$25,503,761XML
990-TJune 2023–––IRS
990June 2022–––IRS
990-TJune 2022–––IRS
990June 2021–––IRS
990-TJune 2021–––IRS
990June 2020–––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 62-1811726).

Questions about MEMPHIS RIVER PARKS PARTNERSHIP INC

What is the EIN of MEMPHIS RIVER PARKS PARTNERSHIP INC?
The employer identification number (EIN) of MEMPHIS RIVER PARKS PARTNERSHIP INC is 62-1811726.
Is MEMPHIS RIVER PARKS PARTNERSHIP INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
Are donations to MEMPHIS RIVER PARKS PARTNERSHIP INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MEMPHIS RIVER PARKS PARTNERSHIP INC 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 MEMPHIS RIVER PARKS PARTNERSHIP INC 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 MEMPHIS RIVER PARKS PARTNERSHIP INC 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 MEMPHIS RIVER PARKS PARTNERSHIP INC?
The 990 for the year ended June 30, 2025 names PAUL CHANDLER.
Who are the officers and directors of MEMPHIS RIVER PARKS PARTNERSHIP INC?
The 990 for the year ended June 30, 2025 lists 29 people; 3 received compensation from the organization, the highest $248,917 (CAROL COLETTA, FORMER PRESIDENT).
How much revenue does MEMPHIS RIVER PARKS PARTNERSHIP INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $10,797,390, expenses of $11,409,774 and total assets of $17,284,298 at year end.

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