RIVERCITY COMPANY: Form 990, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- RIVERCITY COMPANY (EIN 62-1273871)
- Tax period
- 2018-07-01 to 2019-06-30
- Filed
- 2019-11-04
- IRS object ID
- 201903089349301855
- Schema version
- 2018v3.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule I
- Schedule J
- Schedule L
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-11-04T13:06:51-06:00 | ReturnTs |
| Tax Period End | 2019-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 621114363 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HENDERSON HUTCHERSON & MCCULLOUGH PLLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1200 MARKET STREET | AddressLine1Txt |
| City | CHATTANOOGA | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 37402 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2018-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 621273871 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE RIVERCITY COMPANY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | RIVE | BusinessNameControlTxt |
| Phone | 4232653700 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 850 MARKET ST MILLER PLAZA NO 200 | AddressLine1Txt |
| City | CHATTANOOGA | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 37402 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KIM WHITE | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 4232653700 | PhoneNum |
| Signature | 2019-10-30 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | BRIAN D MILLER CPA | PreparerPersonNm |
| PTIN | P00365109 | PTIN |
| Phone | 4237567771 | PhoneNum |
| Preparation | 2019-10-29 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 64.88.174.3 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2019-10-30 | IPDt |
| IP Tm | 07:46:04 | IPTm |
| IP Timezone | ED | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 051C84D0ABFEA07CCEC9B3C159600078FAC59651 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 22056277DFD65B71754019E71352DEE6BF13659B | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2018 | TaxYr |
| Build TS | 2020-03-31 21:24:44Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | KIM WHITE | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 850 MARKET ST MILLER PLAZA NO 200 | AddressLine1Txt |
| City | CHATTANOOGA | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 37402 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $3,979,067 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.RIVERCITYCOMPANY.COM | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1986 | FormationYr |
| Legal Domicile State | TN | LegalDomicileStateCd |
| Activity Or 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)COMPLETING A RETURN TO THE RIVER IN THE ROSS'S LANDING/RIVERFRONT DISTRICT, (II)REINVIGORATING THE HISTORIC COMMERCIAL CORE IN THE CENTRAL BUSINESS DISTRICT, AND (III)BRINGING MORE RESIDENTS TO ALL AREAS OF DOWNTOWN THROUGH CATALYZING A FULL RANGE OF DOWNTOWN HOUSING. | ActivityOrMissionDesc |
| Voting Members Governing Body | 21 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 17 | VotingMembersIndependentCnt |
| Total Employee | 17 | TotalEmployeeCnt |
| Total Volunteers | 200 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $5,295,379 | PYContributionsGrantsAmt |
| CY Contributions Grants | $1,134,662 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $86,017 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $89,407 | CYProgramServiceRevenueAmt |
| PY Investment Income | $11,392 | PYInvestmentIncomeAmt |
| CY Investment Income | $8,260 | CYInvestmentIncomeAmt |
| PY Other Revenue | $1,763,061 | PYOtherRevenueAmt |
| CY Other Revenue | $1,072,882 | CYOtherRevenueAmt |
| PY Total Revenue | $7,155,849 | PYTotalRevenueAmt |
| CY Total Revenue | $2,305,211 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $154,956 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $70,626 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $807,125 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $814,542 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $6,103,003 | PYOtherExpensesAmt |
| CY Other Expenses | $1,520,238 | CYOtherExpensesAmt |
| PY Total Expenses | $7,065,084 | PYTotalExpensesAmt |
| CY Total Expenses | $2,405,406 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $90,765 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$100,195 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $25,493,890 | TotalAssetsBOYAmt |
| Total Assets EOY | $25,385,026 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $3,966,787 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $3,819,694 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $21,527,103 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $21,565,332 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| 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)COMPLETING A RETURN TO THE RIVER IN THE ROSS'S LANDING/RIVERFRONT DISTRICT, (II)REINVIGORATING THE HISTORIC COMMERCIAL CORE IN THE CENTRAL BUSINESS DISTRICT, AND (III)BRINGING MORE RESIDENTS TO ALL AREAS OF DOWNTOWN THROUGH CATALYZING A FULL RANGE OF DOWNTOWN HOUSING. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $230,072 | ExpenseAmt |
| Revenue | $89,407 | RevenueAmt |
| Desc | EVENT EXPENSES: EXPENSES FROM PUTTING ON SPECIAL EVENTS AND PROGRAMS IN THE DOWNTOWN AREA IN ORDER TO ATTRACT VISITORS AND RESIDENTS AND BRING MORE BUSINESSES DOWNTOWN, SUCH AS TOUR OF DOWNTOWN LIVING, A FREE ANNUAL SELF-GUIDED TOUR TO SHOWCASE URBAN LIVING AND LIFESTYLE. CITY SWEAT A BEGINNER-FRIENDLY COMMUNITY EXERCISE SERIES THAT'S OPEN TO THE PUBLIC AND FREE, PROVIDING THE OPPORTUNITY FOR INDIVIDUALS TO CONNECT THROUGH PLAY AND MOVEMENT. NOONTUNES, AN 8 WEEK MIDDAY CONCERT SERIES IN THE FALL TO SHOWCASE THE WIDE VARIETY OF MUSICIANS AND GENRES OF MUSIC YOU CAN ENJOY IN THE SCENIC CITY. OTHER EVENTS INCLUDE; START UP WEEK, START UP WEEK BASE CAMP, PASSAGEWAYS ANIMATION, MILLER PARK ANIMATION, DOWNTOWN SNOWFLAKE LIGHTING, AND BANNER PROGRAM. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $308,560 | ExpenseAmt |
| Desc | HEALTH & WELLNESS DISTRICT STUDY: WITH MANY OF OUR LOCAL HEALTH & WELLNESS INSTITUTIONS AND EMPLOYERS LOCATED CLOSE TO ONE ANOTHER ALONG 3RD AND 4TH STREETS, THE STUDY WAS CREATED TO ALIGN THE INTERESTS OF THE INSTITUTIONAL AND PUBLIC STAKEHOLDERS TO ESTABLISH A VISION FOR THE HEALTH AND WELLNESS DISTRICT, ILLUSTRATING THE IMPACTS OF COORDINATED INVESTMENT AND THE OPPORTUNITY TO CREATE SOMETHING BIGGER THAN THE SUM OF ITS PARTS. THE STUDY WILL INCLUDE AN OVERALL SITE PLAN OF THE DISTRICT WITH PROFILES OF SPECIFIC PROJECTS, PRIORITIES FOR PROGRAMMATIC AND POLICY INVESTMENTS, AND A TIMELINE AND HIGH LEVEL BUDGET OF IMPACTFUL PROJECTS WITHIN THE DISTRICT. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $242,360 | ExpenseAmt |
| Desc | BUSINESS IMPROVEMENT DISTRICT STUDY: A FEASIBILITY STUDY FOR THE BUSINESS IMPROVEMENT DISTRICT (BID) AS A RESOURCE FOR ADDITIONAL FUNDING TO PROVIDE ENHANCED SERVICES IN A PORTION OF DOWNTOWN. TYPICAL BID SERVICES CAN INCLUDE AMBASSADORS WHO WORK ON ENHANCED CLEANING AND MAINTENANCE EFFORTS, ALONG WITH SAFETY INITIATIVES. BIDS CAN ALSO ADDRESS PROJECTS LIKE PLANTERS, BANNERS, EVENTS, RETAIL SUPPORT, MARKETING, CAPITAL IMPROVEMENTS, GATEWAYS, AND WAYFINDING. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,067,794 | ExpenseAmt |
| Grant | $70,626 | GrantAmt |
| Revenue | $103,650 | RevenueAmt |
| Desc | THE BLOCK: THE BLOCK IS THE LARGEST ADAPTIVE REUSE PROJECT IN CHATTANOOGA'S HISTORY, TURNING THE OLD BIJOU THEATER INTO A VIBRANT URBAN CENTERPIECE; INCLUDING ROCK/CREEK OUTFITTERS; STARBUCKS COFFEE AND HIGH POINT CLIMBING AND FITNESS, A 23,000 SQUARE FOOT STATE OF THE ART CLIMBING AND BOULDERING GYM WITH A 16,500 SQUARE FOOT CLIMBING WALL ON THE BROAD STREET FACE OF THE BUILDING. ITS PRIMARY PURPOSE IS TO BRING MORE VISITORS TO THE RIVERFRONT DISTRICT AND TO FILL IN AN EMPTY SPACE IN THE HEART OF THE DISTRICT, THUS PROMOTING ECONOMIC ACTIVITY AND VIBRANCY THROUGHOUT DOWNTOWN.ECONOMIC AND REDEVELOPMENT PLANS: RIVERCITY CONTINUED WORK ON ECONOMIC AND REDEVELOPMENT PLANS IN 2018: THE RAMBLE/SCRAMBLE, WALNUT STREET PLAZA, THE 3RD/4TH STREET CORRIDOR, MLK COMMERCIAL CORRIDOR.THE RAMBLE/SCRAMBLE IS THE ENHANCEMENT OF THE PEDESTRIAN CORRIDOR THAT LEADS FROM THE RIVERFRONT PLAZA ON THE WEST SIDE OF THE AQUARIUM, ALONG THE PEDESTRIAN PATH NEXT TO THE AQUARIUM TO MARKET STREET, UP FIRST STREET, PAST THE WALNUT STREET BRIDGE, THROUGH THE GARDENS OF THE HUNTER ART MUSEUM, AND DOWN THROUGH THE BLUFF VIEW ARTS DISTRICT TO CONNECTION POINTS AT THE RIVERWALK AND ACROSS THE BRIDGE AT THE ENTRY TO THE UNUM REVITALIZATION DISTRICT. RIVERCITY'S GOAL FOR THE PLAN IS THE CREATION OF A TRULY GREAT, URBAN, PEDESTRIAN PROMENADE THAT IS CHARACTERIZED BY THOUGHTFUL URBANISM, GREAT BUILDINGS, ATTRACTIVE PUBLIC SPACES AND GARDENS, A VARIETY OF PROMINENT PUBLIC ART WORKS, EVENT SPACES, AND CULTURAL INSTITUTIONS. THESE COMPONENTS WILL WORK TOGETHER TO DISTINGUISH THE VALUE OF THIS ALREADY IMPORTANT AREA WITHIN THE CIVIC LIFE OF THE CITY AS A PLACE OF ENJOYMENT, WALKING, MEETING, SITTING, ADMIRATION OF THE ARTS AND OUTDOOR SCENERY, AND GATHERING FOR VISITORS AND LOCALS ALIKE. THE EMPHASIS ON THE ARTS WILL BE A DISTINGUISHING CHARACTERISTIC OF THE URBAN PEDESTRIAN PASSAGE AND WILL LEND COHERENCE TO THE ENTIRE CORRIDOR.WALNUT STREET PLAZA REDEVELOPMENT IS THE REDESIGN WHERE THE HOLMBERG AND WALNUT STREET BRIDGES MEET STRETCHING TO AQUARIUM WAY THAT IS BEING TRANSFORMED FROM AN AUTO FOCUSED STREET INTO A VIBRANT PEDESTRIAN FOCUSED SPACE. ALREADY HEAVILY USED BY PEDESTRIANS, THIS TRANSFORMATION FROM STREET TO "PLAZA" WITH PAVING MODIFICATIONS, NEW TREE PLANTING, RECONFIGURED LIGHTING AND A LARGE OVAL GATHERING SPACE AT THE SOUTH END OF THE WALNUT STREET BRIDGE WILL ALLOW FOR BOTH AN ENHANCED PEDESTRIAN EXPERIENCE AND BETTER CAR FLOW THROUGH THE AREA.THE 3RD/4TH STREET CORRIDOR PLAN, IS AN IMPORTANT AND UNIQUE CORRIDOR IN CHATTANOOGA AS IT CONNECTS THE CENTRAL BUSINESS DISTRICT, A MAJOR UNIVERSITY, TWO MEDICAL DISTRICTS, HISTORIC LANDMARKS, RESIDENTIAL NEIGHBORHOODS, A ZOO, RELIGIOUS INSTITUTIONS, AND PUBLIC OPEN SPACES. RIVERCITY USES THE PLANNING PROCESS TO DESIGN AND BUILD CONSENSUS AMONG STAKEHOLDERS TO IMPROVE THE CORRIDOR WITH INITIATIVES AND STRATEGIES THAT WILL HELP STABILIZE EXISTING NEIGHBORHOODS, CREATE A CONTEXT FOR RE-INVESTMENT, AND IMPROVE THE QUALITY OF LIFE FOR RESIDENTS, BUSINESSES AND INSTITUTIONS.MLK COMMERCIAL CORRIDOR IS AN INITIATIVE INTENDED TO INVIGORATE AND ACCELERATE THE REVITALIZATION OF THE MLK DISTRICT ACQUIRING KEY PROPERTIES TO HELP DEVELOPMENT AND DENSITY, PROVIDING SIGNAGE AND FACADE GRANTS TO TENANTS/OWNERS WHILE INSTILLING AND REQUIRING QUALITY URBAN DESIGN PRINCIPLES, AND ASSISTANCE WITH RETAIL AND COMMERCIAL RECRUITMENT EFFORTS TO HELP LURE BUSINESSES.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 BY THE RIVERCITY COMPANY AND IT CONTINUES TO PROVIDE THE SOCIAL ANCHOR FOR EVENTS AND ANIMATION WITHIN THE CITY CENTER DISTRICT OF DOWNTOWN CHATTANOOGA.ARTSPARK IS A PROGRAM THAT WRAPPED 15 TRAFFIC SIGNAL CABINET BOXES OWNED BY THE CITY WITH DESIGNS PRINTED ON VINYL FROM 13 LOCAL ARTISTS SPANNING FROM AQUARIUM WAY TO 11TH STREET IN DOWNTOWN.SEE BELOW FOR TOTAL OTHER PROGRAM EXPENSES | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $1,067,794 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $70,626 | TotalOtherProgSrvcGrantAmt |
| Total Other Prog Srvc Revenue | $103,650 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $1,848,786 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | 0 | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | Yes (1) | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | 0 | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 61 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 17 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 21 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 17 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | 0 | WhistleblowerPolicyInd |
| Document Retention Policy | 0 | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | TN | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MS KIM WHITE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4232653700 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 850 MARKET STREETSUITE 200 MILLER | AddressLine1Txt |
| City | CHATTANOOGA | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 37402 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (23 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd |
|---|---|---|---|---|---|---|
| CHARLES ARANT | ||||||
| PAST CHAIRMAN OF THE BOARD | 1.00 | Yes (X) | $0 | $0 | $0 | |
| STEVE ANGLE | ||||||
| BOARD OF DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| JIMAR SANDERS | ||||||
| BOARD OF DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| JIM COPPINGER | ||||||
| BOARD OF DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| VALORIA ARMSTRONG | ||||||
| BOARD OF DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| REBECCA ASHFORD | ||||||
| BOARD OF DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| KEN DEFOOR | ||||||
| BOARD OF DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MITCH PATEL | ||||||
| BOARD OF DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| STEVE JETT | ||||||
| BOARD OF DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| SABRENA SMEDLEY | ||||||
| BOARD OF DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| ANDY BERKE | ||||||
| BOARD OF DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| DAVID WADE | ||||||
| BOARD OF DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MARCUS SHAW | ||||||
| BOARD OF DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| BREEGE FARRELL | ||||||
| BOARD OF DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| BARRY WHITE | ||||||
| BOARD OF DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| KEN SMITH | ||||||
| BOARD OF DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| JOHN GIBLIN | ||||||
| TREASURER | 1.00 | $0 | $0 | $0 | Yes (X) | |
| CORKY COKER | ||||||
| BOARD OF DIRECTOR | 1.00 | $0 | $0 | $0 | Yes (X) | |
| ANDREW KEAN | ||||||
| SECRETARY | 1.00 | $0 | $0 | $0 | Yes (X) | |
| TOM GRISCOM | ||||||
| CHAIRMAN OF THE BOARD | 1.00 | $0 | $0 | $0 | Yes (X) | |
| KIM WHITE | ||||||
| PRESIDENT | 40.00 | $269,705 | $0 | $17,383 | Yes (X) | |
| JIM WILLIAMSON | ||||||
| VICE PRESIDENT | 40.00 | $98,292 | $0 | $15,349 | Yes (X) | |
| TIM KELLY | ||||||
| VICE CHAIRMAN OF THE BOARD | 1.00 | $0 | $0 | $0 | Yes (X) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $367,997 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $32,732 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 1 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (4 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | CompensationCompensationAmt |
|---|---|---|---|---|
| P & C CONSTRUCTION | ||||
| 2500 E 18TH ST | CHATTANOOGA | TN | 37404 | $599,335 |
| SMARTBANK | ||||
| 835 GEORGIA AVE 100 | CHATTANOOGA | TN | 37402 | $597,769 |
| HR&A ADVISORS INC | ||||
| 99 HUDSON ST | NEW YORK | NY | 10013 | $240,742 |
| CITY OF CHATTANOOGA | ||||
| 101 E 11TH ST | CHATTANOOGA | TN | 37402 | $190,400 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 4 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $1,134,662 | AllOtherContributionsAmt |
| Total Contributions | $1,134,662 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | EVENT INCOME - RCC | Desc |
| Business | 713990 | BusinessCd |
| Total Revenue Column | $89,407 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $89,407 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $89,407 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $8,260 | TotalRevenueColumnAmt |
| Exclusion | $8,260 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $2,643,088 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $1,673,856 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $969,232 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $969,232 | TotalRevenueColumnAmt |
| Exclusion | $969,232 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $103,650 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $103,650 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $103,650 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,305,211 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $193,057 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $977,492 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $55,626 | TotalAmt |
| Program Services | $55,626 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,000 | TotalAmt |
| Program Services | $15,000 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $367,997 | TotalAmt |
| Program Services | $301,758 | ProgramServicesAmt |
| Management And General | $66,239 | ManagementAndGeneralAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $446,545 | TotalAmt |
| Program Services | $327,167 | ProgramServicesAmt |
| Management And General | $119,378 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $36,655 | TotalAmt |
| Program Services | $30,926 | ProgramServicesAmt |
| Management And General | $5,729 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $46,901 | TotalAmt |
| Management And General | $46,901 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $502,410 | TotalAmt |
| Program Services | $502,410 | ProgramServicesAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,658 | TotalAmt |
| Program Services | $1,658 | ProgramServicesAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $35,573 | TotalAmt |
| Management And General | $35,573 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $75,990 | TotalAmt |
| Program Services | $2,449 | ProgramServicesAmt |
| Management And General | $73,541 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,251 | TotalAmt |
| Program Services | $3,158 | ProgramServicesAmt |
| Management And General | $5,093 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $63,515 | TotalAmt |
| Program Services | $8,711 | ProgramServicesAmt |
| Management And General | $54,804 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $37,043 | TotalAmt |
| Program Services | $2,632 | ProgramServicesAmt |
| Management And General | $34,411 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| SUPPORT OF PROJECT | $373,675 | $373,675 | |
| CONTRACT LABOR | $70,894 | $70,894 | |
| TAXES AND LICENSES | $55,071 | $1,759 | $53,312 |
| VIDEO, GRAPHICS, PRINTI | $41,146 | $41,146 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $171,456 | TotalAmt |
| Program Services | $109,817 | ProgramServicesAmt |
| Management And General | $61,639 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,405,406 | TotalAmt |
| Program Services | $1,848,786 | ProgramServicesAmt |
| Management And General | $556,620 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,782,220 | BOYAmt |
| EOY | $1,493,560 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $108,215 | BOYAmt |
| EOY | $83,676 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $146,424 | BOYAmt |
| EOY | $135,840 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $55,008 | BOYAmt |
| EOY | $50,769 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $28,649,795 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $8,650,204 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,102,609 | BOYAmt |
| EOY | $19,999,591 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,283,928 | BOYAmt |
| EOY | $3,559,643 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,486 | BOYAmt |
| EOY | $61,947 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,493,890 | BOYAmt |
| EOY | $25,385,026 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $120,646 | BOYAmt |
| EOY | $432,870 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $114,826 | BOYAmt |
| EOY | $78,641 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,731,315 | BOYAmt |
| EOY | $3,308,183 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,966,787 | BOYAmt |
| EOY | $3,819,694 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,859,807 | BOYAmt |
| EOY | $21,391,581 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $667,296 | BOYAmt |
| EOY | $173,751 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $21,527,103 | BOYAmt |
| EOY | $21,565,332 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,493,890 | BOYAmt |
| EOY | $25,385,026 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$100,195 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $248,662 | NetUnrlzdGainsLossesInvstAmt |
| Prior Period Adjustments | -$110,238 | PriorPeriodAdjustmentsAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consol And Sep Basis Fincl Stmt | Yes (X) | ConsolAndSepBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supporting Organization509a3 | Yes (X) | SupportingOrganization509a3Ind |
| Supporting Org Type2 | Yes (X) | SupportingOrgType2Ind |
| IRS Written Determination | Yes (X) | IRSWrittenDeterminationInd |
| Supported Organizations | 2 | SupportedOrganizationsCnt |
Supported Org Information SupportedOrgInformationGrp (2 entries)
| EINEIN | Organization TypeOrganizationTypeCd | Governing Document ListedGoverningDocumentListedInd | SupportSupportAmt | Other SupportOtherSupportAmt |
|---|---|---|---|---|
| CITY OF CHATTANOOGA | ||||
| 626000259 | 6 | Yes (1) | $0 | $930,712 |
| HAMILTON COUNTY TENNESSEE | ||||
| 626000636 | 6 | Yes (1) | $0 | $232,016 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supported Organizations Total | 2 | SupportedOrganizationsTotalCnt |
| Support Sum | $0 | SupportSumAmt |
| Other Support Sum | $1,162,728 | OtherSupportSumAmt |
Form990 Sch A Supporting Org Form990SchASupportingOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Listed By Name Governing Doc | Yes (1) | ListedByNameGoverningDocInd |
| Suprt Org No IRS Determination | 0 | SuprtOrgNoIRSDeterminationInd |
| Supported Org Section C456 | 0 | SupportedOrgSectionC456Ind |
| Supported Org Not Organized US | 0 | SupportedOrgNotOrganizedUSInd |
| Organization Change Suprt Org | 0 | OrganizationChangeSuprtOrgInd |
| Support Non Supported Org | 0 | SupportNonSupportedOrgInd |
| Payment Substantial Contribtr | 0 | PaymentSubstantialContribtrInd |
| Loan Disqualified Person | 0 | LoanDisqualifiedPersonInd |
| Controlled Disqualified Prsn | 0 | ControlledDisqualifiedPrsnInd |
| Disqualified Prsn Controll Int | 0 | DisqualifiedPrsnControllIntInd |
| Disqualified Prsn Ownr Int | 0 | DisqualifiedPrsnOwnrIntInd |
| Excess Business Holdings Rules | 0 | ExcessBusinessHoldingsRulesInd |
| Contribution Controller | 0 | ContributionControllerInd |
| Contribution Family | 0 | ContributionFamilyInd |
| Contribution35 Controlled | 0 | Contribution35ControlledInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Majority Dir Trst Supported Org | 0 | MajorityDirTrstSupportedOrgInd |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART IV, SECTION C, LINE 1: | FormAndLineReferenceDesc |
| Explanation | RIVERCITY COMPANY SUPPORTS THE CITY OF CHATTANOOGA AND HAMILTON COUNTY BY PROMOTING AND MANAGING THE DEVELOPMENT OF A VIBRANT AND ATTRACTIVE DOWNTOWN. RIVERCITY COMPANY DOES THIS BY HELPING OVERSEE DEVELOPMENT OF DOWNTOWN REAL ESTATE. RIVERCITY HAS PARTNERED WITH THE CITY OF CHATTANOOGA ON THE WALNUT STREET REDEVELOPMENT TO SUPPORT A SAFER AND MORE PEDESTRIAN FRIENDLY GATEWAY AT THE WALNUT STREET BRIDGE ENTRANCE BY OVERSEEING THE CONSTRUCTION OF THIS PROJECT. RIVERCITY COMPANY PARTNERED WITH THE CITY OF CHATTANOOGA ON THE FIRST STREET STEPS. THIS PROJECT IS AN OPPORTUNITY CREATED BY THE REMOVAL OF THE FUNICULAR FROM THE FIRST STREET BLOCK BETWEEN MARKET AND CHERRY. THIS PROJECT IS TO CREATE AN URBAN PEDESTRIAN PROMENADE FROM CHERRY STREET DOWN TO THE MARKET STREET CROSSING THAT LEADS TO AQUARIUM PLAZA. WHILE SEEKING TO STRENGTHEN THE SENSE OF CONNECTION FROM THE BLUFF DOWN TO THE AQUARIUM PLAZA, THE PROJECT IS ALSO INTENDED TO CREATE A UNIQUE DESTINATION FOR PUBLIC ENJOYMENT ROOTED IN THE NOTION OF ARTISTIC PLACE-MAKING AT THE CITY SCALE. RIVERCITY COMPANY PARTNERED WITH THE CITY OF CHATTANOOGA ON THE REDEVELOPMENT OF THE MILLER PARK DISTRICT. THE REDEVELOPMENT OF MILLER PARK, PATTEN PARKWAY, AND MLK IS TO PROVIDE A MORE FUNCTIONAL AND USEABLE SPACE IN THE HEART OF CITY CENTER. RIVERCITY COMPANY PARTNERED WITH THE CITY OF CHATTANOOGA ON THE BUSINESS IMPROVEMENT DISTRICT FEASIBILITY STUDY (BID) AS A RESOURCE FOR ADDITIONAL FUNDING TO PROVIDE ENHANCED SERVICES IN A PORTION OF DOWNTOWN. TYPICAL BID SERVICES CAN INCLUDE AMBASSADORS WHO WORK ON ENHANCED CLEANING AND MAINTENANCE EFFORTS, ALONG WITH SAFETY INITIATIVES. BIDS CAN ALSO ADDRESS BEATIFICATION PROJECTS LIKE PLANTERS, BANNERS, EVENTS, RETAIL SUPPORT, MARKETING, CAPITAL IMPROVEMENTS, GATEWAYS, AND WAYFINDING. RIVERCITY COMPANY PARTNERED WITH THE CITY OF CHATTANOOGA AND HAMILTON COUNTY TO PLAN AND ANALYZE THE 3RD/4TH STREET CORRIDOR AND THE HEALTH & WELLNESS DISTRICT, THIS IS AN IMPORTANT AND UNIQUE CORRIDOR IN CHATTANOOGA AS IT CONNECTS THE CENTRAL BUSINESS DISTRICT, A MAJOR UNIVERSITY, TWO MEDICAL DISTRICTS, HISTORIC LANDMARKS, RESIDENTIAL NEIGHBORHOODS, A ZOO, RELIGIOUS INSTITUTIONS, AND PUBLIC OPEN SPACES. RIVERCITY USES THE PLANNING PROCESS TO DESIGN AND BUILD CONSENSUS AMONG STAKEHOLDERS TO IMPROVE THE CORRIDOR WITH INITIATIVES AND STRATEGIES THAT WILL HELP STABILIZE EXISTING NEIGHBORHOODS, CREATE A CONTEXT FOR RE-INVESTMENT, AND IMPROVE THE QUALITY OF LIFE FOR RESIDENTS, BUSINESSES AND INSTITUTIONS. RIVERCITY COMPANY PARTNERED WITH THE CITY OF CHATTANOOGA ON THE ARTSPARK PROGRAM. ARTSPARK IS A PROGRAM THAT WRAPPED 15 TRAFFIC SIGNAL CABINET BOXES OWNED BY THE CITY WITH DESIGNS PRINTED ON VINYL FROM 13 LOCAL ARTISTS SPANNING FROM AQUARIUM WAY TO 11TH STREET IN DOWNTOWN. RIVERCITY COMPANY ALSO HELPS AID THE CITY AND COUNTY WITH BEAUTIFICATION EFFORTS IN DOWNTOWN WITH OVERSEEING THE STREET LIGHT SNOWFLAKE HOLIDAY LIGHTING PROGRAM, STREET BANNER PROGRAM AND STREETSCAPING ALONG MARKET STREET. THE FAIR MARKET VALUE OF THE BENEFITS RECEIVED BY THE CITY AND COUNTY FOR THESE PROGRAMS THIS YEAR IS $1,162,728. | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $3,094,237 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $5,286,784 | OtherCostOrOtherBasisAmt |
| Book Value | $8,381,021 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $14,352,777 | OtherCostOrOtherBasisAmt |
| Depreciation | $6,545,437 | DepreciationAmt |
| Book Value | $7,807,340 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $5,036,585 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,341,465 | DepreciationAmt |
| Book Value | $3,695,120 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $514,593 | OtherCostOrOtherBasisAmt |
| Depreciation | $420,180 | DepreciationAmt |
| Book Value | $94,413 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $364,819 | OtherCostOrOtherBasisAmt |
| Depreciation | $343,122 | DepreciationAmt |
| Book Value | $21,697 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $19,999,591 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (7 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| EQUITY MUTUAL FUNDS | $1,279,146 | F |
| FIXED INCOME MUTUAL FUNDS | $807,902 | F |
| COMMON STOCKS | $1,193,691 | F |
| PREFERRED STOCKS | $7,857 | F |
| CD AND TIME DEPOSIT RATES AND FOREIGN BONDS | $196,267 | F |
| CORPORATE AND FOREIGN BONDS | $28,780 | F |
| OTHER INVESTMENTS | $46,000 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $3,559,643 | TotalBookValueSecuritiesAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $4,227,729 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $248,662 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $1,673,856 | OtherRevenueAmt |
| Revenue Not Reported | $1,922,518 | RevenueNotReportedAmt |
| Revenue Subtotal | $2,305,211 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $2,305,211 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $4,079,262 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $1,673,856 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $1,673,856 | ExpensesNotReportedAmt |
| Expenses Subtotal | $2,405,406 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $2,405,406 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART X, LINE 2: | THE ORGANIZATION FOLLOWS THE GUIDANCE OF ASC TOPIC 740, INCOME TAXES. BASED ON ITS EVALUATION, THE ORGANIZATION HAS CONCLUDED THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS REQUIRING RECOGNITION IN ITS FINANCIAL STATEMENTS. THE ORGANIZATION'S EVALUATION WAS PERFORMED FOR TAX YEARS ENDED JUNE 30, 2015 THROUGH JUNE 30, 2018, FOR FEDERAL INCOME TAX, THE YEARS THAT REMAIN SUBJECT TO EXAMINATION BY MAJOR TAX JURISDICTIONS AS OF JUNE 30, 2018. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | RENTAL EXPENSES NETTED AGAINST RENTAL INCOME ON 990 1,673,856. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | RENTAL EXPENSES NETTED AGAINST RENTAL INCOME ON 990 1,673,856. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | Non Cash AssistanceNonCashAssistanceAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|
| LIBERTY BRICK | ||||||
| 505 RIVERFRONT PKWY | CHATTANOOGA | TN | 37402 | 461465038 | $9,995 | ALLEY IMPROVEMENTS |
| RIVERSIDE DEVELOPMENT | ||||||
| 1507 WILDER STREET | CHATTANOOGA | TN | 37406 | 223981413 | $40,000 | MLK COMMERCIAL CORRIDOR |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 1 | Total501c3OrgCnt |
| Total Other Org | 1 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | ARTSPARK | GrantTypeTxt |
| Recipient | 13 | RecipientCnt |
| Cash Grant | $15,000 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | ALL GRANTS DISTRIBUTED OUT DURING THE YEAR MUST FIRST GO THROUGH AN APPLICATION PROCESS. RIVERCITY COMPANY THEN REVIEWS THE APPLICATION TO DETERMINE IF THE PROJECT QUALIFIES FOR GRANT FUNDS. ONCE REVIEW IS COMPLETE AND MONEY IS DISBURSED, RIVERCITY HAS EMPLOYEES THAT ROUTINELY CHECK IN ON PROJECTS TO MAKE SURE FUNDS ARE BEING EXPENSED ACCORDING TO THE GRANT CONTRACT. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KIM WHITE | PersonNm |
| Title | PRESIDENT | TitleTxt |
| Base Compensation Filing Org | $209,705 | BaseCompensationFilingOrgAmt |
| Compensation Based On Rltd Orgs | $0 | CompensationBasedOnRltdOrgsAmt |
| Bonus Filing Organization | $60,000 | BonusFilingOrganizationAmount |
| Bonus Related Organizations | $0 | BonusRelatedOrganizationsAmt |
| Other Compensation Filing Org | $0 | OtherCompensationFilingOrgAmt |
| Other Compensation Rltd Orgs | $0 | OtherCompensationRltdOrgsAmt |
| Deferred Compensation Flng Org | $0 | DeferredCompensationFlngOrgAmt |
| Deferred Comp Rltd Orgs | $0 | DeferredCompRltdOrgsAmt |
| Nontaxable Benefits Filing Org | $17,383 | NontaxableBenefitsFilingOrgAmt |
| Nontaxable Benefits Rltd Orgs | $0 | NontaxableBenefitsRltdOrgsAmt |
| Total Compensation Filing Org | $287,088 | TotalCompensationFilingOrgAmt |
| Total Compensation Rltd Orgs | $0 | TotalCompensationRltdOrgsAmt |
| Comp Report Prior990 Filing Org | $0 | CompReportPrior990FilingOrgAmt |
| Comp Report Prior990 Rltd Orgs | $0 | CompReportPrior990RltdOrgsAmt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 3 | THE EXECUTIVE COMMITTEE REGULARLY REVIEWS SEVERAL FACTORS INCLUDING (1) AN INDEPENDENT COMPENSATION SURVEY, WHICH WAS LAST PERFORMED DURING 2019. THE SURVEY LOOKED AT THE ECONOMIC RESEARCH INSTITUTE SURVEY DATA FOR CEO COMPENSATION OF VARIOUS INDUSTRIES, INCLUDING NON-PROFITS AND REAL ESTATE DEVELOPMENT, COMPENSATION FOR THE CEO OF THE CHATTANOOGA CHAMBER OF COMMERCE, THE CHATTANOOGA CONVENTION AND VISITORS BUREAU, THE TENNESSEE AQUARIUM, NASHVILLE DOWNTOWN PARTNERSHIP, AND KNOXVILLE CHAMBER OF COMMERCE, (2) THE APPLICANT'S EXISTING RATE OF PAY, (3) COMPENSATION PAID TO THE TWO IMMEDIATE PREVIOUS RIVERCITY EXECUTIVE DIRECTORS, (4) EVALUATION SEMI-ANNUALLY OF THE EXECUTIVE DIRECTOR'S BONUS COMPENSATION BASED UPON GOALS SET BY THE COMMITTEE. |
| PART I, LINE 7 | THE EXECUTIVE COMMITTEE EVALUATES SEMI-ANNUALLY THE EXECUTIVE DIRECTOR'S BONUS COMPENSATION BASED UPON GOALS SET BY THE COMMITTEE. |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (8 entries)
| Relationship DescriptionRelationshipDescriptionTxt | TransactionTransactionAmt | TransactionTransactionDesc | Sharing Of RevenuesSharingOfRevenuesInd |
|---|---|---|---|
| CITY OF CHATTANOOGA - MAYOR ANDY BERKE | |||
| BOARD MEMBER FOR RIVERCITY COMPANY AND MAYOR FOR THE CITY OF CHATTANOOGA | $250,400 | ANDY BERKE IS A DIRECTOR FOR RIVERCITY COMPANY AND MAYOR OF THE CITY OF CHATTANOOGA. DURING THE YEAR RIVERCITY RECEIVED $60,000 IN SUPPORT REVENUE FOR THE HEALTH & EDUCATION STUDY AND PAID EXPENSES OF $190,400 TO THE CITY OF CHATTANOOGA FOR THE MILLER PARK REDEVELOPMENT. | 0 |
| ELECTRIC POWER BOARD - DAVID WADE | |||
| BOARD MEMBER FOR RIVERCITY COMPANY AND CEO FOR EPB | $101,653 | DAVID WADE IS A DIRECTOR FOR RIVERCITY COMPANY AND CEO FOR EPB (ELECTRIC POWER BOARD). DURING THE YEAR RIVERCITY RECEIVED UNRESTRICTED SUPPORT AND REVENUE TOTALING $25,000. RIVERCITY COMPANY ALSO PAID EXPENSES OF $76,653 FOR ELECTRIC, PHONE, AND INTERNET SERVICES. | 0 |
| BLUECROSS BLUESHIELD OF TN - JOHN GIBLIN | |||
| BOARD MEMBER FOR RIVERCITY COMPANY AND CFO FOR BCBS OF TN | $77,175 | JOHN GIBLIN IS A DIRECTOR FOR RIVERCITY COMPANY AND CFO OF BCBS OF TN (BLUE CROSS BLUE SHIELD OF TN). DURING THE YEAR RIVERCITY RECEIVED RESTRICTED SUPPORT AND REVENUE TOTALING $10,000 FOR THE HEALTH & EDUCATION STUDY AS WELL AS UNRESTRICTED SUPPORT AND REVENUE TOTALING $25,000. RIVERCITY COMPANY ALSO PAID EXPENSES OF $42,175 FOR MEDICAL & DENTAL INSURANCE. | 0 |
| DEFOOR DEVELOPMENT - KEN DEFOOR | |||
| BOARD MEMBER FOR RIVERCITY COMPANY AND OWNER OF DEFOOR DEVELOPMENT | $50,000 | KEN DEFOOR IS A BOARD MEMBER FOR RIVERCITY COMPANY AND OWNER OF DEFOOR DEVELOPMENT. DURING THE YEAR RIVERCITY RECEIVED RESTRICTED SUPPORT AND REVENUE TOTALING $50,000 FOR THE MILLER PARK REDEVELOPMENT. | 0 |
| VISION HOSPALITY GROUP - MITCH PATEL | |||
| BOARD MEMBER FOR RIVERCITY COMPANY AND PRESIDENT AND CEO OF VHG. | $12,310 | MITCH PATEL IS A BOARD MEMBER FOR RIVERCITY COMPANY AND PRESIDENT AND CEO OF VHG (VISION HOSPITALITY GROUP). DURING THE YEAR RIVERCITY RECEIVED RESTRICTED SUPPORT AND REVENUE TOTALING $12,310 FOR THE WALNUT STREET REDEVELOPMENT AND BID STUDY. | 0 |
| UNUM - BREEGE FARRELL | |||
| BOARD MEMBER FOR RIVERCITY COMPANY AND CIO FOR UNUM | $35,000 | BREEGE FARRELL IS A BOARD MEMBER FOR RIVERCITY COMPANY AND CIO FOR UNUM. DURING THE YEAR RIVERCITY RECEIVED RESTRICTED SUPPORT AND REVENUE TOTALING $10,000 FOR THE HEALTH & EDUCATION STUDY AS WELL AS UNRESTRICTED SUPPORT AND REVENUE TOTALING $25,000. | 0 |
| UTC - STEVE ANGLE | |||
| BOARD MEMBER FOR RIVERCITY COMPANY AND CHANCELLOR FOR UTC | $5,000 | STEVE ANGLE IS A BOARD MEMBER FOR RIVERCITY COMPANY AND CHANCELLOR FOR UTC (THE UNIVERSITY OF TENNESSEE AT CHATTANOOGA). DURING THE YEAR RIVERCITY RECEIVED RESTRICTED SUPPORT AND REVENUE TOTALING $5,000 FOR THE HEALTH & EDUCATION STUDY. | 0 |
| CVB - BARRY WHITE | |||
| BOARD MEMBER FOR RIVERCITY COMPANY AND PRESIDENT & CEO FOR CVB | $10,000 | BARRY WHITE IS A BOARD MEMBER FOR RIVERCITY COMPANY AND PRESIDENT & CEO FOR CVB (CHATTANOOGA CONVENTION & VISITORS BUREAU). DURING THE YEAR RIVERCITY RECEIVED RESTRICTED SUPPORT AND REVENUE TOTALING $5,000 FOR THE BID STUDY AND SPONSORSHIP SUPPORT OF $5,000 FOR BEAUTIFICATION EFFORTS DOWNTOWN. | 0 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 7A | THE RIVERCITY COMPANY CHARTER ALLOWS THE MAYORS OF THE CITY OF CHATTANOOGA AND HAMILTON COUNTY TO APPOINT A MINORITY REPRESENTATIVE. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE DRAFT OF THE FORM 990 IS REVIEWED CAREFULLY BY THE BOARD CHAIRPERSON, THE PRESIDENT, LEGAL COUNSEL, THE RIVERCITY EXECUTIVE STAFF, AND RIVERCITY'S ACCOUNTANTS. WHEN THE DRAFT IS FINALIZED AND READY TO BE FURNISHED TO THE IRS, A COPY IS GIVEN TO ALL BOARD MEMBERS. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE ORGANIZATION REQUIRES ALL OFFICERS, BOARD OF DIRECTORS, TRUSTEES, AND KEY EMPLOYEES TO FILL OUT A WRITTEN CONFLICT OF INTEREST QUESTIONNAIRE ANNUALLY. |
| FORM 990, PART VI, SECTION B, LINE 15A | THE EXECUTIVE COMMITTEE REGULARLY REVIEWS SEVERAL FACTORS INCLUDING (1) AN INDEPENDENT COMPENSATION SURVEY, WHICH WAS LAST PERFORMED DURING 2019. THE SURVEY LOOKED AT THE ECONOMIC RESEARCH INSTITUTE SURVEY DATA FOR CEO COMPENSATION OF VARIOUS INDUSTRIES, INCLUDING NON-PROFITS AND REAL ESTATE DEVELOPMENT, COMPENSATION FOR THE CEO OF THE CHATTANOOGA CHAMBER OF COMMERCE, THE CHATTANOOGA CONVENTION AND VISITORS BUREAU, THE TENNESSEE AQUARIUM, NASHVILLE DOWNTOWN PARTNERSHIP, AND KNOXVILLE CHAMBER OF COMMERCE, (2) THE APPLICANT'S EXISTING RATE OF PAY, (3) COMPENSATION PAID TO THE TWO IMMEDIATE PREVIOUS RIVERCITY EXECUTIVE DIRECTORS, (4) EVALUATION SEMI-ANNUALLY OF THE EXECUTIVE DIRECTOR'S BONUS COMPENSATION BASED UPON GOALS SET BY THE COMMITTEE. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE PRIMARY GOVERNING DOCUMENT FOR RIVERCITY IS ITS ORGANIZING CHARTER, WHICH IS A PUBLIC DOCUMENT AVAILABLE FROM THE TENNESSEE SECRETARY OF STATE AND/OR THE HAMILTON COUNTY, TENNESSEE REGISTRAR'S OFFICE. OTHERWISE, RIVERCITY DOES NOT MAKE OTHER DOCUMENTS AVAILABLE FOR PUBLIC INSPECTION BEYOND THE FEDERAL FORM 990 AND FORM 1023. |
| FORM 990, PART IX, LINE 11G | PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 502,410. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 502,410. |
| FORM 990, PART XII, LINE 2C | THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR THE AUDIT. THE PROCESS BY WHICH THE ORGANIZATION ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT HAS NOT CHANGED FROM THE PRIOR YEAR. |
Schedule R IRS990ScheduleR
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SOUTHSIDE RENAISSANCE CORPORATION | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 850 MARKET STREET SUITE 200 MILLER | AddressLine1Txt |
| City | CHATTANOOGA | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 37402 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 621661335 | EIN |
| Primary Activities | REDEVELOPING THE SOUTHSIDE DISTRICT OF DOWNTOWN CHATTANOOGA | PrimaryActivitiesTxt |
| Legal Domicile State | TN | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE RIVERCITY COMPANY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Entity Type | C | EntityTypeTxt |
| Share Of Total Income | -$22,135 | ShareOfTotalIncomeAmt |
| Share Of EOY Assets | $150,080 | ShareOfEOYAssetsAmt |
| Ownership | 1.00000 | OwnershipPct |
| Controlled Organization | 0 | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (1) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | Yes (1) | TransferFromOtherOrgInd |