2025-11-17T14:29:54-06:00 2025-06-30 621114363 HENDERSON HUTCHERSON & MCCULLOUGH PLLC 1200 MARKET STREET CHATTANOOGA TN 37402 990 2024-07-01 621273871 THE RIVERCITY COMPANY RIVE 4232653700 850 MARKET ST MILLER PLAZA 200 CHATTANOOGA TN 37402 EMILY MACK PRESIDENT 4232653700 2025-11-17 1 1 BRIAN D MILLER CPA P00365109 4237567771 2025-11-17 2024 2025-03-06 01:10:19Z EMILY MACK 850 MARKET ST MILLER PLAZA 200 CHATTANOOGA TN 37402 10362428 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. 20 18 26 170 0 0 350900 1665312 122400 54923 334816 3252762 1345998 1270209 2154114 6243206 6015 5000 0 0 834625 935804 0 0 0 1094665 1985103 1935305 2925907 218809 3317299 24762934 28194101 521826 425067 24241108 27769034 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 1372077 EVOLVING OUR RIVERFRONT PARKS: THE FIRST PHASE OF THE ONE RIVERFRONT PLAN THROUGH COMMUNITY INPUT SEES THE FOUNDATION 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. THE "EVOLVING OUR RIVERFRONT PARKS" PLAN IS A SERIES OF ENHANCEMENTS THAT WILL HONOR HISTORY, CONNECT CORRIDORS IN THE DISTRICT, EMBRACE ECOLOGY, SOFTEN AND PROVIDE SHADE, ALONG WITH USING THE INSPIRATION OF A SOUTHERN PORCH FOR AREAS ALONG THE RIVER. 182480 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 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. 81609 EMERGING PRODUCERS: RIVERCITY HAS DEVELOPED A PROGRAM FOR INDIVIDUALS PRODUCING EVENTS IN DOWNTOWN IN CHATTANOOGA. THE EMERGING PRODUCERS PROGRAM IS TO PROVIDE EDUCATION AND HANDS-ON TRAINING TO THOSE WITH 2 YEARS OR LESS OF EXPERIENCE. THE PROGRAM TEACHES A WIDE VARIETY OF TOPICS FROM PERMITS, INSURANCE TO SAFETY ALONG WITH HOW TO CREATE PARTNERSHIPS, MARKETING AND CONTRACTOR MANAGEMENT FOR EVENT PRODUCTION. THE LAST SIX MONTHS OF THE PROGRAM ALLOWS EACH COHORT MEMBER TO TAKE THE LEAD ON PRODUCING AN EVENT IN DOWNTOWN WITH THE OTHER COHORT MEMBERS IN THE PROGRAM SUPPORTING THE WORK. 761319 5000 53969 DOWNTOWN ANIMATION: RIVERCITY BUILT OFF THE SUCCESS OF DOWNTOWN ANIMATION FROM THE PAST TWO YEARS WITH A ROBUST CALENDAR OF ACTIVITIES AND EVENTS FOR 2024/2025. EVENTS AND PROGRAMS INCLUDES; NOONTUNES, ICE CREAM CRAWL, SUMMERWEEN, TAKE A BREAK IN MILLER PARK AND REINDEER ON THE RIVERFRONT.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.BEAUTIFICATION: RIVERCITY IN PARTNERSHIP WITH THE CITY OF CHATTANOOGA PUBLIC ART, INSTALLED NEW BANNERS FOR THE CITY CENTER DISTRICT. RIVERCITY ALSO MANAGES THE SNOWFLAKE LIGHTING DURING THE HOLIDAYS TO HELP WITH BEAUTIFICATION EFFORTS DOWNTOWN.SPORT SPOT: RIVERCITY INSTALLED A TEMPORARY POP UP RECREATIONAL EXPERIENCE UNDER THE OLGIATIE BRIDGE ON THE RIVERFRONT IN DOWNTOWN CHATTANOOGA. THE PURPOSE WAS TO TEST CONCEPTS FROM THE "EVOLVING OUR RIVERFRONT PARKS" PLANNING PROCESS AND TO GATHER REAL TIME FEEDBACK FROM USERS. FOUR DIFFERENT PUBLIC PLAY SPACES WERE AVAILABLE; PUMP TRACK COURSE, ROLLER SKATING RINK, PICKLEBALL COURT AND BASKETBALL COURT.REIMAGINE 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.PUBLIC SAFETY: IN RESPONSE TO COMMUNITY FEEDBACK SEEKING REGULAR OPPORTUNITIES FOR SHARING, RIVERCITY COMPANY, THE DOWNTOWN CHATTANOOGA ALLIANCE, CHATTANOOGA TOURISM COMPANY AND THE CHATTANOOGA AREA CHAMBER OF COMMERCE HAVE PARTNERED TO ESTABLISH QUARTERLY PUBLIC MEETINGS. THE MEETINGS INCLUDE REPRESENTATIVES FROM THE HOST ORGANIZATIONS ALONG WITH THE CHATTANOOGA POLICE DEPARTMENT AND CITY OF CHATTANOOGA TO SHARE ABOUT PROJECTS, PLANS AND WAYS FOR LOCALS TO STAY INFORMED. IT IS ALSO AN OPPORTUNITY FOR THE COMMUNITY TO ASK QUESTIONS AND PROVIDE FEEDBACK. 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 TY THE RIVERCITY COMPANY AND IT CONTINUES TO PROVIDE THE SOCIAL ANCHOR FOR EVENTS AND ANIMATION WITHIN THE CITY CENTER DISTRICT OF DOWNTOWN CHATTANOOGA. 761319 5000 53969 2397485 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 1 1 1 0 0 0 1 93 0 1 26 1 0 0 0 0 0 0 0 0 0 0 0 0 X 20 18 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 ROY VAUGHN VICE CHAIR 1.00 X X 0 0 0 MARTHA CULP MILLENER SECRETARY 1.00 X X 0 0 0 MARTHA LEIPER TREASURER 1.00 X X 0 0 0 ALNOOR DHANANI VICE PRESIDENT 1.00 X X 0 0 0 REBECCA ASHFORD DIRECTOR 1.00 X 0 0 0 JOHAN DE NYSSCHEN DIRECTOR 1.00 X 0 0 0 JEFF EVERSOLE DIRECTOR 1.00 X 0 0 0 BRENT GOLDBERG DIRECTOR 1.00 X 0 0 0 LESLIE GOWER DIRECTOR 1.00 X 0 0 0 ALTHEA JONES DIRECTOR 1.00 X 0 0 0 MAYOR WESTON WAMP DIRECTOR 1.00 X 0 0 0 MAYOR TIM KELLY DIRECTOR 1.00 X 0 0 0 JENNY HILL 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 SUSAN HARRIS DIRECTOR 1.00 X 0 0 0 CHARLES WOOD DIRECTOR 1.00 X 0 0 0 JASON PROVONSHA DIRECTOR 1.00 X 0 0 0 TOM WHITE DIRECTOR 1.00 X 0 0 0 EMILY MACK PRESIDENT 40.00 X 246334 0 15044 JIM WILLIAMSON VICE PRESIDENT 40.00 X 123226 0 19834 369560 0 34878 2 0 1 0 AGENCY LANDSCAPE AND PLANNING LLC 1430 MASSACHUSETTS AVE 4TH FLOOR CAMBRIDGE MA 02138 DESIGN SERVICES 113260 1 119272 1546040 1665312 EVENT INCOME - RCC 713990 54923 54923 54923 296106 296106 2630993 1360784 1270209 1270209 1270209 1815094 3900000 1721373 1037065 93721 2862935 2956656 2956656 6243206 3011579 0 1566315 X 5000 5000 404438 331639 72799 531366 406858 124508 27801 19181 8620 53680 2535 51145 25071 25071 1317299 1317299 7044 7044 40209 40209 32837 18773 14064 15392 14174 1218 56132 8711 47421 25514 13523 11991 TAXES AND LICENSES 77377 3599 73778 CONTRACT LABOR 48483 48483 SUPPORT OF PROJECT 35037 35037 PERFORMANCE CONTRACTS 23575 23575 199652 142054 57598 2925907 2397485 528422 0 352213 219657 2415331 3616912 136356 153893 21753 21753 38920 22280 27198449 10718950 17723749 16479499 3850175 7549383 224437 130724 24762934 28194101 320043 256388 39293 37955 162490 130724 521826 425067 X 24008079 27144385 233029 624649 24241108 27769034 24762934 28194101 3317299 210627 0 X X 0 1 X 1 0 X X X 2 CITY OF CHATTANOOGA 626000259 6 1 0 1473294 HAMILTON COUNTY TENNESSEE 626000636 6 1 0 1373456 2 0 2846750 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 COLLABORATION HAS EXISTED SINCE THE FORMATION OF RIVERCITY COMPANY IN 1986 AND CONTINUES TODAY. MOST RECENTLY, 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 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 AND HAMILTON COUNTY ON 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. RIVERCITY COMPANY HAS PARTNERED WITH THE CITY OF CHATTANOOGA IN RESPONSE TO COMMUNITY FEEDBACK SEEKING REGULAR OPPORTUNITIES FOR SHARING TO ESTABLISH QUARTERLY PUBLIC MEETING. THE MEETINGS INCLUDE REPRESENTATIVES FROM DOWNTOWN CHATTANOOGA ALLIANCE, CHATTANOOGA TOURISM, AND CHATTANOOGA AREA CHAMBER OF COMMERCE ORGANIZATIONS ALONG WITH THE CHATTANOOGA POLICE DEPARTMENT AND CITY OF CHATTANOOGA TO SHARE ABOUT PROJECTS, PLANS AND WAYS FOR LOCALS TO STAY INFORMED. IT IS ALSO AN OPPORTUNITY FOR THE COMMUNITY TO ASK QUESTIONS AND PROVIDE FEEDBACK. 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 OF CHATTANOOGA WITH BEAUTIFICATION EFFORTS IN DOWNTOWN WITH OVERSEEING THE STREET LIGHT SNOWFLAKE HOLIDAY LIGHTING PROGRAM AND STREET BANNER PROGRAM. THE FAIR MARKET VALUE OF THE BENEFITS RECEIVED BY THE CITY AND COUNTY FOR THESE PROGRAMS THIS YEAR IS $2,846,750. 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 12765181 7656183 5108998 5038173 2527715 2510458 285541 179891 105650 431718 355161 76557 16479499 EQUITY MUTUAL FUNDS 1698906 F FIXED INCOME MUTUAL FUNDS 2283680 F COMMON STOCKS 1735317 F OTHER INVESTMENTS 51000 F GOVERNMENT AGENCIES 893851 F CD AND TIME DEPOSIT 886629 F 7549383 SHORT-TERM LEASE LIABILITY 130724 130724 X 7789546 210627 1360784 1571411 6218135 25071 25071 6243206 4261620 1360784 1360784 2900836 25071 25071 2925907 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, 2021 THROUGH JUNE 30, 2025, FOR FEDERAL INCOME TAX, THE YEARS THAT REMAIN SUBJECT TO EXAMINATION BY MAJOR TAX JURISDICTIONS AS OF JUNE 30, 2025. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES NETTED AGAINST RENTAL INCOME ON 990 1,360,784. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES NETTED AGAINST RENTAL INCOME ON 990 1,360,784. X X X X X X 0 0 0 0 0 0 0 1 0 EMILY MACK PRESIDENT 246334 0 0 0 0 0 0 0 15044 0 261378 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 JENNY HILL BOARD MEMBER FOR RIVERCITY COMPANY AND MAYOR FOR THE CITY OF CHATTANOOGA 600723 TIM KELLY AND JENNY HILL ARE DIRECTORS FOR RIVERCITY COMPANY. TIM KELLY IS THE MAYOR OF THE CITY OF CHATTANOOGA. JENNY HILL IS THE COUNCILWOMAN OF THE CITY OF CHATTANOOGA. DURING THE YEAR, RIVERCITY PAID EXPENSES OF $18,395 FOR SEWER AND WASTE SERVICES, $77,328 IN PROPERTY TAXES, AND $2,500 REFUNDABLE DEPOSIT FOR FACILITY RENTAL TO THE CITY OF CHATTANOOGA. RIVERCITY RECEIVED SUPPORT AND REVENUES OF $500,000 FOR EVLOVING THE RIVERFRONT PARKS AND $2,500 REFUNDABLE DEPOSIT FOR FACILITY RENTAL FROM THE CITY OF CHATTANOOGA. 0 HAMILTON COUNTY - MAYOR WESTON WAMP AND COMMISSIONER JEFF EVERSOLE BOARD MEMBER FOR RIVERCITY COMPANY AND MAYOR FOR HAMILTON COUNTY 580788 WESTON WAMP AND JEFF EVERSOLE ARE DIRECTORS FOR RIVERCITY COMPANY. WESTON WAMP IS THE MAYOR OF HAMILTON COUNTY. JEFF EVERSOLE IS THE COMMISSIONER OF HAMILTON COUNTY. DURING THE YEAR, RIVERCITY PAID EXPENSES OF $80,094 TO HAMILTON COUNTY FOR PROPERTY TAXES AND $694 FOR A CITY VISIT TRIP. RIVERCITY COMPANY RECEIVED SUPPORT AND REVENUES OF $500,000 FROM HAMILTON COUNTY FOR EVLOVING THE RIVERFRONT PARKS. 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. RIVERCITY 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 - CONSULTING: PROGRAM SERVICE EXPENSES 1,317,299. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,317,299. FORM 990, PART IX, LINE 24E SUPPLIES: PROGRAM SERVICE EXPENSES 18,272. MANAGEMENT AND GENERAL EXPENSES 2,789. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 21,061. MAINTENANCE: PROGRAM SERVICE EXPENSES 16,126. MANAGEMENT AND GENERAL EXPENSES 4,828. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 20,954. CONCESSIONS: PROGRAM SERVICE EXPENSES 20,458. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 20,458. MEALS: PROGRAM SERVICE EXPENSES 12,150. MANAGEMENT AND GENERAL EXPENSES 5,292. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 17,442. EQUIPMENT RENTAL: PROGRAM SERVICE EXPENSES 13,871. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 13,871. WEBSITE EXPENSE: PROGRAM SERVICE EXPENSES 12,999. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 12,999. MISCELLANEOUS: PROGRAM SERVICE EXPENSES 594. MANAGEMENT AND GENERAL EXPENSES 10,990. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 11,584. PARKING: PROGRAM SERVICE EXPENSES 1,660. MANAGEMENT AND GENERAL EXPENSES 9,815. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 11,475. DUES AND SUBSCRIPTIONS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 9,673. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 9,673. PRINTING: PROGRAM SERVICE EXPENSES 5,404. MANAGEMENT AND GENERAL EXPENSES 3,593. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,997. SPONSORSHIP: PROGRAM SERVICE EXPENSES 8,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,000. SEMINARS AND CONVENTION: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 7,668. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 7,668. OTHER: PROGRAM SERVICE EXPENSES 6,864. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,864. VIDEO, GRAPHICS, PRINTING AND PHOTOGRAPHY: PROGRAM SERVICE EXPENSES 6,016. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,016. FACILITY RENTAL: PROGRAM SERVICE EXPENSES 5,893. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,893. PROPERTY TAXES: PROGRAM SERVICE EXPENSES 5,817. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,817. PRODUCTION ASSISTANCE: PROGRAM SERVICE EXPENSES 4,100. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,100. RENT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 2,108. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,108. COMMISSIONS: PROGRAM SERVICE EXPENSES 1,512. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,512. PHOTOGRAPHY: PROGRAM SERVICE EXPENSES 975. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 975. LICENSING AND FEES: PROGRAM SERVICE EXPENSES 972. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 972. MARKETING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 450. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 450. POSTAGE AND FREIGHT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 392. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 392. BARRICADES: PROGRAM SERVICE EXPENSES 371. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 371. 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. FIRST & CHERRY LLC 850 MARKET ST MILLER PLAZA SUITE 20 CHATTANOOGA TN 37402 815415755 REAL ESTATE HOLDING COMPANY TN 0 46000 THE RIVERCITY COMPANY NEW VISION AT BROAD AND FOURTH LLC 850 MARKET ST MILLER PLAZA SUITE 20 CHATTANOOGA TN 37402 923172683 REAL ESTATE HOLDING COMPANY TN 0 5000 THE RIVERCITY COMPANY SOUTHSIDE RENAISSANCE CORPORATION 850 MARKET STREET SUITE 200 MILLER CHATTANOOGA TN 37402 621661335 SOLAR PROJECT DEVELOPMENT TN THE RIVERCITY COMPANY C 2700 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1