Public Charity

THE RIVERCITY COMPANY

THE RIVERCITY COMPANY, of CHATTANOOGA, TN, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $6.2M in revenue, $2.9M in expenses, $28.2M in total assets. 10 publicly reported grants to this organization, totaling roughly $275K, appear in IRS filings.

EIN: 621273871 CHATTANOOGA, TN Community & Neighborhood Development NTEE: S20 Latest filing: 2025
Total Revenue$6.2M
Total Expenses$2.9M
Total Assets$28.2M
Grant Records10
Funding Total$275K
Filing Years2020–2025

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.

Where $100 goes at The Rivercity Company

How The Rivercity Company divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$82 Programs the work itself
$18 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $82 for programs

$47
Evolving our riverfront parks
57% of program spending
$26
Downtown animation
32% of program spending
$6
Future of hawk hill
8% of program spending

Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.

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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

VICE PRESIDENT Alnoor Dhanani
DIRECTOR Althea Jones
DIRECTOR Brent Goldberg
DIRECTOR Charles Wood
DIRECTOR David Wade
PRESIDENT Emily Mack

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$218,600 6 grants
Unspecified
$56,296 4 grants

Financial Trends

Year Revenue Expenses Assets
2025 $6.2M $2.9M $28.2M
2024 $2.2M $1.9M $24.8M
2023 $2.4M $2.1M $24.6M
2021 $2.9M $3.6M $25.5M
2020 $4.0M $2.4M $26.2M

Between 2020 and 2025, reported annual revenue grew from $4.0M to $6.2M (+58%), with total assets most recently reported at $28.2M.

Interactive year-over-year charts and full filing details available with membership.

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