NonprofitsRivercity Company

Community Improvement & Capacity Building

Rivercity Company

CHATTANOOGA, TN

Total revenue

$6.2M

Total expenses

$2.9M

Net assets

$27.8M

Grants received

$288K

12 grants

EIN

621273871

Tax year

2024

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.

Programs

3 programs

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: $182K

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: $82K

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: $761KGrants: $5K

Financials

FY 2024

Revenue

Contributions & grants$1.7M
Program service revenue$55K
Investment income$3.3M
Other revenue$1.3M
Total revenue$6.2M

Expenses

Grants paid$5K
Salaries & benefits$936K
Fundraising
Other expenses$2.0M
Total expenses$2.9M
Total assets$28.2M
Net assets$27.8M

People

22 listed

NameRoleCompensation

EMILY MACK

PRESIDENT

Board

$246K

40 hrs/wk

MARTHA CULP MILLENER

SECRETARY

Board

1 hrs/wk

MARTHA LEIPER

TREASURER

Board

1 hrs/wk

ALNOOR DHANANI

VICE PRESIDENT

Board

1 hrs/wk

REBECCA ASHFORD

DIRECTOR

Board

1 hrs/wk

JOHAN DE NYSSCHEN

DIRECTOR

Board

1 hrs/wk

JEFF EVERSOLE

DIRECTOR

Board

1 hrs/wk

BRENT GOLDBERG

DIRECTOR

Board

1 hrs/wk

LESLIE GOWER

DIRECTOR

Board

1 hrs/wk

ALTHEA JONES

DIRECTOR

Board

1 hrs/wk

JENNIFER GOODMAN

CHAIRWOMAN

Board

1 hrs/wk

MAYOR TIM KELLY

DIRECTOR

Board

1 hrs/wk

JENNY HILL

DIRECTOR

Board

1 hrs/wk

JAMES MCKISSIC

DIRECTOR

Board

1 hrs/wk

DAVID WADE

DIRECTOR

Board

1 hrs/wk

SUSAN HARRIS

DIRECTOR

Board

1 hrs/wk

CHARLES WOOD

DIRECTOR

Board

1 hrs/wk

JASON PROVONSHA

DIRECTOR

Board

1 hrs/wk

TOM WHITE

DIRECTOR

Board

1 hrs/wk

MAYOR WESTON WAMP

DIRECTOR

Board

1 hrs/wk

ROY VAUGHN

VICE CHAIR

Board

1 hrs/wk

JIM WILLIAMSON

VICE PRESIDENT

Staff

$123K

40 hrs/wk

Independent contractors

AGENCY LANDSCAPE AND PLANNING LLC

DESIGN SERVICES

$113K

Grants received

Showing 12 of 12

FromAmountPurposeYear
$39K
ORGANIZATIONAL SUPPORT
2024
$10K
Activation of Patten Parkway
2024
$12K
FOR OUTREACH TO THE INDIGENT.
2023
$12K
FOR OUTREACH TO THE INDIGENT.
2022
$31K
PROVIDE SUPPORT FOR EVENTS/CONVENTIONS THAT PROMOTE TOURISM IN THE LOCAL CHATTANOOGA AREA IN ACCORDANCE WITH RESOLUTION 207-27.
2021

Funded by

$288K from 6 funders · 12 grants · 2020–2024

Chattanooga Christian Community

$39K · 1 grant · 2024

The Maclellan Foundation Inc

$24K · 2 grants · 2022–2023

The Chattanooga Tourism Foundation

$14K · 2 grants · 2023–2024

Details

EIN621273871
NTEE codeS20
Subsection03
Ruling date1987-03
Formed1986
Employees26
Volunteers170
RIVERCITY COMPANY — Mission, Financials & Grants Received | Grantivo