2023-11-14T12:57:08-06:00 2023-06-30 621114363 HENDERSON HUTCHERSON & MCCULLOUGH PLLC 1200 MARKET STREET CHATTANOOGA TN 37402 990 2022-07-01 621273871 THE RIVERCITY COMPANY RIVE 4232653700 850 MARKET ST MILLER PLAZA 200 CHATTANOOGA TN 37402 EMILY MACK PRESIDENT 4232653700 2023-11-14 1 EMILY MACK XXX-XX-XXXX 1 BRIAN D MILLER CPA P00365109 4237567771 2023-11-14 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z EMILY MACK 850 MARKET ST MILLER PLAZA 200 CHATTANOOGA TN 37402 5076280 0 X WWW.RIVERCITYCOMPANY.COM X 1986 TN 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. 19 15 18 50 0 0 955300 272575 145244 198729 428 152256 1103130 1787501 2204102 2411061 30429 15000 0 0 641912 797570 0 0 0 1104447 1265547 1776788 2078117 427314 332944 24107323 24591593 652673 684351 23454650 23907242 X 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. 0 0 201478 REIMAGINING BROAD STREET: RIVERCITY ALONG WITH THE CITY EMBARKED ON A COMPREHENSIVE AND VISIONARY PLAN FOR BROAD STREET IN DOWNTOWN CHATTANOOGA. THE PLAN IS A DETAILED BLOCK-BY-BLOCK URBAN DESIGN ANALYSIS THAT WILL ADDRESS THE PUBLIC REALM IMPROVEMENTS, MULTI- MODAL TRANSPORTATION ENHANCEMENTS, INTEGRATE TECHNOLOGY, GREEN INFRASTRUCTURE, PARKING, ECONOMIC DEVELOPMENT OPPORTUNITIES, ALL WHILE SUPPORTING EXISTING BUSINESSES AND URBAN RESIDENTS. 160999 ROCK THE RIVERFRONT: TO RESPOND TO THE FEEDBACK AND DESIRES OF THE COMMUNITY PROVIDED THROUGH THE ONE RIVERFRONT PLAN, THE RIVERCITY COMPANY TEAM CREATED "ROCK THE RIVERFRONT", A MONTH-LONG CELEBRATION OF CULTURE, ENTERTAINMENT AND PLAY FOR ALL TO ENJOY ON THE CHATTANOOGA GREEN. ROCK THE RIVERFRONT'S MAIN ATTRACTION WAS LOS TROMPOS, INTERACTIVE SPINNING TOPS FOR ALL AGES TO ENJOY. OTHER EVENTS INCLUDED DJS EVERY FRIDAY, LIVE MUSIC ON SATURDAYS, WEEKEND LOCAL POP UP VENDORS, LIGHT UP CHATT LANTERN PARADE, AND SIPS OF LATIN AMERICA. 195687 DOWNTOWN ANIMATION: RIVERCITY BUILT OFF THE SUCCESS OF DOWNTOWN ANIMATION FROM THE PAST TWO YEARS WITH A ROBUST CALENDAR OF ACTIVITIES AND EVENTS FOR 2022/2023. EVENTS AND PROGRAMS INCLUDES; ST PADDY'S ON THE PARKWAY, ICE CREAM CRAWL, SUMMERWEEN, MUSIC & MOVIES IN MILLER, FAMILY FUN DAY ON THE GREEN, WITCH & WARLOCK PADDLE, REINDEER ON THE RIVERFRONT AND WINTER BREAK SPECTACULAR. 897536 15000 198729 EVOLVING OUR RIVERFRONT PARKS: THE FIRST PHASE OF THE ONE RIVERFRONT PLAN IS TO HUMANIZE THE PARKS AND GREEN SPACE ON THE RIVERFRONT. BUILDING UPON THE LEGACY AND DESIGN OF THE 21ST CENTURY WATERFRONT, WE WILL EVOLVE AND ENHANCE OUR RIVERFRONT PARKS FOR RESIDENTS AND VISITORS TO EXPERIENCE AND ENJOY BEAUTIFUL, COMFORTABLE AND EXCITING PARK SPACES.FUTURE OF HAWK HILL: WITH THE ANTICIPATED RELOCATION OF THE CHATTANOOGA LOOKOUTS BASEBALL TEAM FROM AT&T FIELD TO THE U.S. PIPE & WHELAND FOUNDRY SITE, HAWK HILL WILL BECOME AVAILABLE FOR REDEVELOPMENT. PER THE LAND TRANSFER AGREEMENT WITH THE CITY OF CHATTANOOGA, THE CURRENT STADIUM WILL BE DEMOLISHED ONCE THE CHATTANOOGA LOOKOUTS HAVE RELOCATED TO THE NEW STADIUM. RIVERCITY COMPANY ALONG WITH THE CITY, COMMUNITY INPUT, URBAN PLANNERS AND DOWNTOWN STAKEHOLDERS TO ASSIST IN DEVELOPING A COMPREHENSIVE, LONG-TERM VISION FOR THE SITE TO GUIDE FUTURE REDEVELOPMENT. WITH THIS INFORMATION, RIVERCITY COMPANY WILL EXPLORE POTENTIAL LAND USES, DENSITY, PUBLIC SPACES, CONNECTIVITY, AND THE NECESSARY INFRASTRUCTURE TO SUPPORT FUTURE REDEVELOPMENT.STRATEGIC MARKET ANALYSIS: RIVERCITY COMPANY ENGAGED RCLCO FOR A COMPREHENSIVE MARKET ANALYSIS TO ASSESS THE MARKET OPPORTUNITIES FOR RESIDENTIAL OFFICE, RETAIL AND HOTEL DEVELOPMENT IN GREATER DOWNTOWN TO INCLUDE ANALYSIS FOR TARGET MARKETS, MARKET DEMAND, MARKET POTENTIAL AND MARKET EVOLUTION.ECONOMIC DEVELOPMENT TOOLKIT: RIVERCITY COMPANY PARTNERED WITH CNE AND THE CHATTANOOGA AREA CHAMBER TO HELP DOWNTOWN BUSINESSES UNDERSTAND THE DIFFERENT TYPES OF FUNDING AVAILABLE. COMMUNITY AND ECONOMIC DEVELOPMENT TOOLS INCLUDE A VARIETY OF FEDERAL, STATE AND LOCAL AID AND FUNDS THAT CAN BE USED TO HELP IMPLEMENT A SPECIFIC PROJECT. DIFFERENT TOOLS OF FUNDING CONSIST OF GRANTS, LOANS, BONDS, FUNDS, ABATEMENTS AND TAX CREDITS.GRATEFULL: GRATEFULL IS FREE AND ALL ARE WELCOME TO JOIN TOGETHER FOR A THANKSGIVING MEAL IN THE MIDDLE OF MARTIN LUTHER KING BLVD. THERE IS NO FEE, NO EXPECTATIONS, AND NO AGENDA-JUST AN OPEN INVITATION FOR ALL TO GATHER IN THE CITY FOR A TIME OF THANKSGIVING AND GRATEFULNESS.POPS IN THE PARK: RIVERCITY COMPANY PARTNERED WITH THE CITY OF CHATTANOOGA AND CHATTANOOGA PRESENTS TO BRING BACK POPS IN THE PARK, CHATTANOOGA'S ANNUAL INDEPENDENCE DAY CELEBRATION. THE BELOVED EVENT IS FREE AND OPEN TO THE PUBLIC TO ENJOY LIVE MUSIC FROM THE CHATTANOOGA SYMPHONY & OPERA ALONG WITH A FIREWORKS SHOW OVER THE TENNESSEE RIVER.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.MLK COMMERCIAL CORRIDOR IS AN INITIATIVE INTENDED TO INVIGORATE AND ACCELERATE THE REVITALIZATION OF THE MLK DISTRICT BY 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. 897536 15000 198729 1455700 1 1 0 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 1 0 0 0 1 15 0 1 18 1 0 0 0 0 0 0 0 0 0 0 0 0 X 19 15 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 0 0 1 0 0 TN X MS EMILY MACK 4232653700 850 MARKET STREETSUITE 200 MILLER CHATTANOOGA TN 37402 JENNIFER GOODMAN CHAIRWOMAN 1.00 X X 0 0 0 ANDREW KEAN VICE CHAIRMAN AND TREASURER 1.00 X X 0 0 0 DANA PERRY SECRETARY 1.00 X X 0 0 0 TOM GRISCOM PAST CHAIRMAN 1.00 X X 0 0 0 MARTHA LEIPER VICE PRESIDENT 1.00 X X 0 0 0 ALNOOR DHANANI VICE PRESIDENT 1.00 X X 0 0 0 COMISSIONER DAVID SHARPE DIRECTOR 1.00 X 0 0 0 JOHN BILDERBACK DIRECTOR 1.00 X 0 0 0 MAYOR WESTON WAMP DIRECTOR 1.00 X 0 0 0 KEN DEFOOR DIRECTOR 1.00 X 0 0 0 ALTHEA JONES DIRECTOR 1.00 X 0 0 0 COUNCILWOMAN RAQUETTA DOTLEY DIRECTOR 1.00 X 0 0 0 YANCY FREEMAN DIRECTOR 1.00 X 0 0 0 MAYOR TIM KELLY DIRECTOR 1.00 X 0 0 0 ROY VAUGHN DIRECTOR 1.00 X 0 0 0 JAMES MCKISSIC DIRECTOR 1.00 X 0 0 0 DAVID WADE DIRECTOR 1.00 X 0 0 0 BARRY WHITE DIRECTOR 1.00 X 0 0 0 REBECCA ASHFORD DIRECTOR 1.00 X 0 0 0 JIM WILLIAMSON VICE PRESIDENT 40.00 X 112133 0 17387 EMILY MACK PRESIDENT 40.00 X 219028 0 13479 331161 0 30866 2 0 1 0 DOVER KOHL AND PARTNERS 1571 SUNSET DRIVE MIAMI FL 33143 CONSULTING SERVICES 130819 ROBERT CHARLES LESSER & CO 7200 WISCONSIN AVENUE SUITE 1110 BETHESDA MD 20814 CONSULTING SERVICES 127177 2 272575 272575 EVENT INCOME - RCC 713990 198729 198729 198729 117924 117924 2949645 1250013 1699632 1699632 1699632 1449538 1415206 34332 34332 34332 OTHER INCOME 900099 87869 87869 87869 2411061 320930 0 1817556 X 15000 15000 362027 296862 65165 435543 255077 180466 9036 9036 69410 16061 53349 462817 445810 17007 7936 7936 32363 32363 77599 77599 1576 1561 15 47863 8711 39152 39054 27144 11910 EQUIPMENT RENTAL 68097 68097 PRODUCTION ASSISTANCE 65351 65351 TAXES AND LICENSES 61889 61889 PERFORMANCE CONTRACTS 53300 53300 269256 194790 74466 2078117 1455700 622417 0 2657732 2635327 334002 136406 106216 106216 82038 23537 28775886 10626740 17854084 18149146 3011304 3285671 61947 255290 24107323 24591593 317679 316225 141266 81056 193728 93727 0 193343 652673 684351 X 22679900 23474009 774750 433233 23454650 23907242 24107323 24591593 332944 119648 0 X X 0 1 X 1 0 X X X 2 CITY OF CHATTANOOGA 626000259 6 1 0 355390 HAMILTON COUNTY TENNESSEE 626000636 6 1 0 35966 2 0 391356 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 PART IV, SECTION C, LINE 1: RIVERCITY COMPANY SUPPORTS THE CITY AND COUNTY ON MULTIPLE LEVELS. THE CITY AND COUNTY ARE DIRECTLY ENGAGED IN THE GOVERNANCE OF RIVERCITY COMPANY - THE MAYORS OF THE CITY AND COUNTY SIT ON THE RIVERCITY COMPANY BOARD OF DIRECTORS, AND THE CHAIRPERSON OF THE CITY COUNCIL AND CHAIRPERSON OF THE COUNTY COMMISSION EITHER SERVE DIRECTLY OR NOMINATE A MEMBER TO THE BOARD, ENSURING CLOSE COMMUNICATION ON DOWNTOWN REVITALIZATION INITIATIVES. THIS COLLABORTION HAS EXISTED SINCE THE FORMATION OF RIVERCITY COMPANY IN 1986 AND CONTINUES TODAY. MOST RECENTLY, RIVERCITY HAS PARTNERED WITH THE CITY OF CHATTANOOGA ON THE WALNUT STREET PLAZA. THIS RECONFIGURED STREET CREATES A CENTRAL GATHERING SPACE AS ONE OF THE MOST POPULAR PLACES DOWNTOWN AND CREATES AN URBAN SPACE TO BE MORE ACCOMMODATING TO PEDESTRIANS. THE ED JOHNSON MEMORIAL BY ARTIST JEROME MEADOWS LOCATED ON THE PLAZA IS A PERMANENT PUBLIC SITE THAT STRIVES TO PROMOTE RACIAL HEALING AND RECONCILIATION BY ACKNOWLEDGING THE LYNCHING OF ED JOHNSON, HONORING THE COURAGEOUS WORK OF HIS ATTORNEYS, AND RECOGNIZING THE RESULTING U.S. SUPREME COURT CASE. RIVERCITY COMPANY PARTNERED WITH THE CITY OF CHATTANOOGA ON REIMAGING BROAD STREET. REIMAGING BROAD STEET IS A COMPREHENSIVE AND VISIONARY PLAN FOR BROAD STREET IN DOWNTOWN CHATTANOOGA. THE PLAN IS A DETAILED BLOCK-BY-BLOCK URBAN DESIGN ANALYSIS THAT WILL ADDRESS THE PUBLIC REALM IMPROVEMENTS, MULTI-MODAL TRANSPORTATION ENHANCEMENTS, INTEGRATE TECHNOLOGY, GREEN INFRASTRUCTURE, PARKING, ECONOMIC DEVELOPMENT OPPORTUNITIES, ALL WHILE SUPPORTING EXISTING BUSINESSES AND URBAN RESIDENTS. RIVERCITY COMPANY PARTNERED WITH THE CITY OF CHATTANOOGA ON EVOLVING OUR RIVERFRONT PARKS. BUILDING UPON THE LEGACY AND DESIGN OF THE 21ST CENTURY WATERFRONT, WE WILL EVOLVE AND ENHANCE OUR RIVERFRONT PARKS FOR RESIDENTS AND VISITORS TO EXPERIENCE AND ENJOY BEAUTIFUL, COMFORTABLE AND EXCITING PARK SPACES. RIVERCITY COMPANY PARTNERED WITH HAMILTON COUNTY AS THE FACILITATOR ON POSSIBLE REDEVELOPMENT OF THE FORMER HAMILTON COUNTY JUSTICE BUILDING. RIVERCITY COMPANY HAS ESTABLISHED AN ADVISORY COMMITTEE. TOURS AND ASSESSMENTS FOR PHASE 1 ARE UNDERWAY FOR RECOMMENDATIONS FOR THE JUSTICE BUILDING. 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. THE FAIR MARKET VALUE OF THE BENEFITS RECEIVED BY THE CITY AND COUNTY FOR THESE PROGRAMS THIS YEAR IS $391,356 PART VI, SECTION A, LINE 2 THE TWO SUPPORTED ORGANIZATIONS ARE THE CITY OF CHATTANOOGA AND THE COUNTY OF HAMILTON, TENNESSEE, BOTH OF WHICH ARE EXPRESSLY IDENTIFIED AS 'GOVERNMENTAL UNITS' IN SECTION 509(A)(1) AND SECTION 170(B)(1)(A)(V). RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2899007 5778829 8677836 14379372 7872901 6506471 5000041 2164165 2835876 235766 226026 9740 482871 363648 119223 18149146 EQUITY MUTUAL FUNDS 520738 F FIXED INCOME MUTUAL FUNDS 198348 F COMMON STOCKS 1301085 F OTHER INVESTMENTS 51000 F GOVERNMENT AGENCIES 538230 F CD AND TIME DEPOSIT 676270 F 3285671 SHORT-TERM LEASE LIABILITY 30853 LONG-TERM LEASE LIABILITY 162490 193343 X 3763716 119648 1250013 1369661 2394055 17006 17006 2411061 3311123 1250013 1250013 2061110 17007 17007 2078117 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, 2020 THROUGH JUNE 30, 2023, FOR FEDERAL INCOME TAX, THE YEARS THAT REMAIN SUBJECT TO EXAMINATION BY MAJOR TAX JURISDICTIONS AS OF JUNE 30, 2023. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES NETTED AGAINST RENTAL INCOME ON 990 1,250,013. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES NETTED AGAINST RENTAL INCOME ON 990 1,250,013. X X X X X X 0 0 0 0 0 0 0 1 0 EMILY MACK PRESIDENT 219028 0 0 0 0 0 0 0 13479 0 232507 0 0 0 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 PERFORMANCE IN ORDER TO DETERMINE WHETHER ANY BONUS COMPENSATION IS APPROPRIATE, BASED UPON GOALS SET BY THE COMMITTEE. NO COMPENSATION IS TIED TO A FORMULA RELATED TO REVENUE OR RECEIPTS. CITY OF CHATTANOOGA - MAYOR TIM KELLY & COUNCILWOMAN RAQUETTA DOTLEY BOARD MEMBER FOR RIVERCITY COMPANY AND MAYOR FOR THE CITY OF CHATTANOOGA 180936 TIM KELLY AND RAQUETTA DOTLEY ARE DIRECTORS FOR RIVERCITY COMPANY. TIM KELLY IS THE MAYOR OF THE CITY OF CHATTANOOGA. RAQUETTA DOTLEY IS THE COUNCILWOMAN OF THE CITY OF CHATTANOOGA. DURING THE YEAR, RIVERCITY PAID EXPENSES OF $33,614 FOR SEWER AND WASTE SERVICES AND $97,372 IN PROPERTY TAXES TO THE CITY OF CHATTANOGA. RIVERCITY COMPANY RECEIVED $49,950 FOR SUPPORT OF POPS IN THE PARK. 0 HAMILTON COUNTY - MAYOR WESTON WAMP AND COMISSIONER DAVID SHARPE BOARD MEMBER FOR RIVERCITY COMPANY AND MAYOR FOR HAMILTON COUNTY 93823 WESTON WAMP AND DAVID SHARPE ARE DIRECTORS FOR RIVERCITY COMPANY. WESTON WAMP IS THE MAYOR OF HAMILTON COUNTY. DAVID SHARPE IS THE COMISSIONER OF HAMILTON COUNTY. DURING THE YEAR, RIVERCITY PAID EXPENSES OF $93,823 TO HAMILTON COUNTY FOR PROPERTY TAXES. 0 FORM 990, PART VI, SECTION A, LINE 7A THE RIVERCITY COMPANY CHARTER ALLOWS THE CHAIRMAN OF THE CITY COUNCIL OF CHATTANOOGA AND THE CHAIRMAN OF THE BOARD OF COMMISSIONERS OF HAMILTON COUNTY TO APPOINT A DESIGNEE 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 INTERNAL ACCOUNTANTS. THE DRAFT OF THE 990 IS ALSO PRESENTED AT THE RIVERCITY BOARD MEETING TO ALLOW FOR DISCUSSION AND QUESTIONS FROM BOARD MEMBERS. 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. RIVECITY DOES MAKE AVAILABLE FOR PUBLIC INSPECTION THE FEDERAL FORM 990 AND FORM 1023. RIVERCITY DOES NOT MAKE OTHER FINANCIAL STATEMENT OR OPERATIONAL DOCUMENTS AVAILABLE FOR PUBLIC INSPECTIONS. FORM 990, PART IX, LINE 11G PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 436,810. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 436,810. MANAGEMENT FEES: PROGRAM SERVICE EXPENSES 9,000. MANAGEMENT AND GENERAL EXPENSES 17,007. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 26,007. FORM 990, PART IX, LINE 24E RENT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 33,460. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 33,460. CONTRACT LABOR: PROGRAM SERVICE EXPENSES 31,401. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 31,401. SUPPLIES: PROGRAM SERVICE EXPENSES 23,759. MANAGEMENT AND GENERAL EXPENSES 2,905. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 26,664. SECURITY: PROGRAM SERVICE EXPENSES 24,295. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 24,295. WEBSITE EXPENSE: PROGRAM SERVICE EXPENSES 21,884. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 21,884. CONCESSIONS: PROGRAM SERVICE EXPENSES 13,906. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 13,906. PARKING: PROGRAM SERVICE EXPENSES 3,672. MANAGEMENT AND GENERAL EXPENSES 8,754. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 12,426. BAD DEBT EXPENSE: PROGRAM SERVICE EXPENSES 10,175. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 10,175. PRINTING: PROGRAM SERVICE EXPENSES 7,142. MANAGEMENT AND GENERAL EXPENSES 3,032. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 10,174. PROPERTY TAXES: PROGRAM SERVICE EXPENSES 9,056. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 9,056. SUPPORT OF PROJECT: PROGRAM SERVICE EXPENSES 8,132. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,132. MISCELLANEOUS: PROGRAM SERVICE EXPENSES 1,677. MANAGEMENT AND GENERAL EXPENSES 6,148. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 7,825. MEALS: PROGRAM SERVICE EXPENSES 4,824. MANAGEMENT AND GENERAL EXPENSES 2,857. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 7,681. OTHER: PROGRAM SERVICE EXPENSES 7,192. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 7,192. LICENSING AND FEES: PROGRAM SERVICE EXPENSES 5,783. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,783. COMMISSIONS: PROGRAM SERVICE EXPENSES 5,724. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,724. VIDEO, GRAPHICS, PRINTING AND PHOTOGRAPHY: PROGRAM SERVICE EXPENSES 5,526. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,526. DUES AND SUBSCRIPTIONS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 5,376. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,376. MAINTENANCE: PROGRAM SERVICE EXPENSES 800. MANAGEMENT AND GENERAL EXPENSES 4,519. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,319. SPONSORSHIP: PROGRAM SERVICE EXPENSES 4,275. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,275. SEMINARS AND CONVENTION: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 4,088. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,088. FACILITY RENTAL: PROGRAM SERVICE EXPENSES 3,640. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,640. BARRICADES: PROGRAM SERVICE EXPENSES 1,650. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,650. STRATEGIC PLAN: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1,250. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,250. MARKETING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1,250. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,250. POSTAGE AND FREIGHT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 827. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 827. PHOTOGRAPHY: PROGRAM SERVICE EXPENSES 277. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 277. 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. SOUTHSIDE RENAISSANCE CORPORATION 850 MARKET STREET SUITE 200 MILLER CHATTANOOGA TN 37402 621661335 SOLAR PROJECT DEVELOPMENT TN THE RIVERCITY COMPANY C 9065 131464 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1