River City Capital Investment LLC

River City Capital Investment LLC

Memphis, TN, US
501(c)(3)
EIN
27-3941432

River City Capital Investment LLC

Memphis, TN, US
501(c)(3)
EIN
27-3941432

Overview

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Est.

2013

Fiscal Year Start

Jul 1

Organization Type

Grantseeker
AI Summary
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River City Capital Investment LLC is a Community Development Financial Institution (CDFI) focused on accelerating shared prosperity and revitalization in underserved communities in Memphis and Shelby County. With an operating budget of $741.1K and total revenue of $996.6K for the 2024 filing year, the organization relies on multiple funders for its financial support, with no single funder contributing 50% or more of its revenue.

Mission Statement

River City Capital LLC is a CDFI(Community Development Financial Institution) with a dedicated mission to accelerate shared prosperity & revitalization in underserved communities through the provisions of capital in Memphis & Shelby County.
Revenues

$996.6K

Expenses

$741.1K

Net Income:
+$255.5K
Assets

$6.8M

Liabilities

$3.3M

Net Assets:
+$3.5M
Operating Budget

$741.1K

Operating Budget by Year

Due Diligence

Are you a grantmaker?
Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

1

Median grant size
$360K
Largest grant received
$360K
L
Luther Mercer
Board Member
M
Mr John Daniel
Board Member
L
Larry Neal Jr
Board Member

Frequently Asked Questions

What is River City Capital Investment LLC’s budget?
In 2024, River City Capital Investment LLC reported an annual operating budget of around $741 thousand. More detailed financial information is available to registered users.
What causes does River City Capital Investment LLC support?
River City Capital Investment LLC supports work in Community improvement.
Where does River City Capital Investment LLC operate?
River City Capital Investment LLC is headquartered in Memphis, TN.
Who funded River City Capital Investment LLC recently?
In 2024, River City Capital Investment LLC received grants from COMMUNITY LIFT CORP, OPPORTUNITY FINANCE NETWORK, and COMMUNITY FOUNDATION OF GREATER MEMPHIS INC. More information on this organization’s funders is available to registered users.
What is the largest grant River City Capital Investment LLC received in 2024?
The largest grant to River City Capital Investment LLC in 2024 exceeds $360 thousand.
Overview
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