Overview

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Est.

1986

Fiscal Year Start

Jul 1

Organization Type

Grantseeker

AI Summary

The RiverCity Company is a nonprofit organization focused on economic development and community improvement in Chattanooga, Tennessee. With an operating budget of $2.9 million and total revenue of $6.2 million, the organization aims to enhance the downtown area by promoting vibrant urban spaces and overseeing real estate development, while implementing strategic initiatives such as the One Riverfront Plan and revitalizing the historic commercial core. The organization does not rely on any single funder for 50% or more of its revenue.

Mission Statement

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.
Revenues
$6.2M
Expenses
$2.9M
Net Income:
+$3.3M
Assets
$28.2M
Liabilities
$425.1K
Net Assets:
+$27.8M
Operating Budget
$2.9M
Operating Budget by Year

Due Diligence

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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
5
Median grant size
$10K
Largest grant received
$39K
E
Emily Mack
Board Member
J
Jim Williamson
Board Member
A
Alnoor Dhanani
Board Member

Frequently Asked Questions

What is THE RIVERCITY COMPANY’s budget?
In 2025, THE RIVERCITY COMPANY reported an annual operating budget of around $2.9 million. More detailed financial information is available to registered users.
What causes does THE RIVERCITY COMPANY support?
THE RIVERCITY COMPANY supports work in Economic development and Community improvement.
Where does THE RIVERCITY COMPANY operate?
THE RIVERCITY COMPANY is headquartered in Chattanooga, TN.
Who funded THE RIVERCITY COMPANY recently?
In 2024, THE RIVERCITY COMPANY received grants from CHATTANOOGA CHRISTIAN COMMUNITY FOUNDATION, THE MACLELLAN FOUNDATION INC, and The Community Foundation of Greater Chattanooga Inc. More information on this organization’s funders is available to registered users.
What is the largest grant THE RIVERCITY COMPANY received in 2024?
The largest grant to THE RIVERCITY COMPANY in 2024 exceeds $39 thousand.