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Filing year 2023

THE RIVERCITY COMPANY

Chattanooga, Tennessee·EIN 62-1273871·NTEE S20 · Community Improvement & Capacity Building·501(c)(3)
Total revenue
$2.2M
Total assets
$24.8M
Total expenses
$1.9M
Reported officers
20
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.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Community Improvement & Capacity Building organizations in Tennessee.

President
75th to 90th percentile
$250k
$273k
Base
$240k
Bonus
Other
Benefits
$10k
Vice President
Median to 75th percentilevs Community Improvement & Capacity Building peers nationwide
$131k
$143k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 18 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at THE RIVERCITY COMPANY equaled 13% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2023)
13%
Sector median
14%
Middle half of sector
6% to 28%

Based on 10,247 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about THE RIVERCITY COMPANY

What does the Chief Executive Officer of THE RIVERCITY COMPANY earn?

In 2023, the Chief Executive Officer of THE RIVERCITY COMPANY received $249,939 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in Tennessee, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at THE RIVERCITY COMPANY compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations in Tennessee, the 2023 pay of the Chief Executive Officer at THE RIVERCITY COMPANY falls between the 75th and 90th percentiles. In 2023, the highest total compensation at THE RIVERCITY COMPANY equaled 13% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are THE RIVERCITY COMPANY's revenue and expenses?

In 2023, THE RIVERCITY COMPANY reported $2.2M in total revenue and $1.9M in total expenses on its IRS Form 990.

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