Overview
What is The Rivercity Company?
The Rivercity Company is a nonprofit organization based in Chattanooga, Tennessee, specifically at 850 Market Street Miller Plaza 200. Their primary mission is to assist and support the Chattanooga city and Hamilton County governments in developing a vibrant, attractive, and healthy downtown that serves as the economic, social, and cultural heart of the Chattanooga region. They achieve this by overseeing downtown real estate development, creating and programming great urban spaces, and employing innovative urban design. The Rivercity Company's strategic initiatives include continuing the One Riverfront plan in the Riverfront District, revitalizing the historic commercial core in the City Center District, and catalyzing a diverse range of downtown housing to attract more residents. With a team of 18 employees, they strive for comprehensive and visionary improvements in downtown Chattanooga, focusing on public realm improvements, multi-modal transportation enhancements, technology integration, green infrastructure, parking, economic development opportunities, and supporting existing businesses and residents.
Official website here: www.rivercitycompany.com
Is The Rivercity Company legitimate?
The Rivercity Company is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Rivercity Company submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $380,569
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.rivercitycompany.com
What is the mission statement of The Rivercity Company?
The Rivercity Company's mission is to aid and support the local governments of a specific city and county by fostering and managing the development of a lively, alluring, and healthful downtown area. This downtown zone serves as the economic, social, and cultural focal point of the region. The organization achieves this by overseeing the development of downtown real estate, creating and programming outstanding urban spaces, and utilizing innovative urban design. The Rivercity Company's primary strategic areas for projects and initiatives include continuing the One Riverfront plan in the Riverfront District, revitalizing the historic commercial core in the City Center District, and boosting residential presence in all downtown areas by catalyzing a wide array of housing options.
Official website here: www.rivercitycompany.com
What is the revenue of The Rivercity Company?
The Rivercity Company's revenue in 2024 was $2,154,114.
Official website here: www.rivercitycompany.com
Who are the executives of The Rivercity Company and what are their salaries?
The average compensation at The Rivercity Company during 2024 was $19,028. There are 20 employees and 200 volunteers at The Rivercity Company.
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Official website here: www.rivercitycompany.com
Where can I find the form 990 for The Rivercity Company?
The Rivercity Company's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.rivercitycompany.com
Learn more at the official website: www.rivercitycompany.com
Mission Statement of The Rivercity Company
The Rivercity Company, a mission-driven organization, aims to assist and support the governments of Chattanooga City and Hamilton County by promoting and managing the development of a lively, appealing, and thriving downtown area. This downtown area serves as the economic, social, and cultural heart of the Chattanooga region. The Rivercity Company accomplishes this by overseeing the development of downtown real estate, creating and programming excellent urban spaces, and employing innovative urban design strategies. The organization's primary strategic areas for projects and initiatives include continuing the One Riverfront Plan in the Riverfront District, revitalizing the historic commercial core in the City Center District, and catalyzing a wide range of downtown housing to attract more residents to all areas of downtown. Ultimately, The Rivercity Company's mission is to contribute to the development of a vibrant, dynamic, and appealing downtown area that enhances the quality of life for the community.
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Impact
October, 2024
The Rivercity Company plays a crucial role in enhancing the quality of life in Chattanooga by promoting and managing the development of a vibrant and attractive downtown area. This organization focuses on transforming the urban landscape into a thriving economic, social, and cultural hub for the region.
Through strategic initiatives like the One Riverfront Plan, it works to rejuvenate the Riverfront District and improve public spaces. Additionally, Rivercity is dedicated to revitalizing the historic commercial core in the City Center District, ensuring that the area remains a dynamic and engaging place for residents and visitors alike.
One of its significant projects, "Reimagining Broad Street," illustrates this commitment by implementing a comprehensive urban design analysis aimed at addressing transportation enhancements, integrating technology, and boosting economic development—all while supporting existing local businesses. The goal is to not only beautify the downtown area but also to increase housing options, ultimately attracting more residents.
By fostering these developments, The Rivercity Company significantly contributes to the overall well-being and attractiveness of Chattanooga, making it a more inviting place for both residents and visitors, and solidifying its status as the centerpiece of the region.
This information is meant to be a general summary of The Rivercity Company. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $225,565
- Program Service Revenue: $122,400
- Gross Receipts: $4,782,713
Assets and Liabilities:
- Total Assets: $24,591,593
- Total Liabilities: $684,351
- Net Assets: $23,907,242
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EVENT INCOME - RCC
Revenue
$122,400
Organization Details
Founding Year
1986
Principal Officer
Emily Mack
Website
www.rivercitycompany.comNTEE Category
Code: S20 - Community improvement
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