CHATTANOOGA, TN
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)THE RIVERCITY COMPANY, founded in 1986, is a community nonprofit in the Community Improvement sector that reported $2.2M in total revenue in fiscal year 2023. Revenue decreased 11% compared to the prior year. Expenses of $1.9M left a modest 10% surplus.
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.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $2,154,114 | $2,411,061 | -0.1% |
| Expenses | $1,935,305 | $2,078,117 | -0.1% |
| Net Income | $218,809 | $332,944 | -0.3% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JENNIFER GOODMAN | CHAIRWOMAN | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| ROY VAUGHN | VICE CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MARTHA CULP MILLENER | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MARTHA LEIPER | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| ALNOOR DHANANI | VICE PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| REBECCA ASHFORD | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JOHAN DE NYSSCHEN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| COUNCILWOMAN RAQUETTA DOTLEY | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| BRENT GOLDBERG | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| LESLIE GOWER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ALTHEA JONES | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MAYOR WESTON WAMP | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MAYOR TIM KELLY | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| COMMISSIONER DAVID SHARPE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JAMES MCKISSIC | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DAVID WADE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| BARRY WHITE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| CHARLES WOOD | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JIM WILLIAMSON | VICE PRESIDENT | 40.00 |
Officer
|
$117,326 | $13,303 | $130,629 |
| EMILY MACK | PRESIDENT | 40.00 |
Officer
|
$239,703 | $10,236 | $249,939 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $2,154,114 | $1,935,305 | $24,762,934 | $218,809 |
| 2023 | $2,411,061 | $2,078,117 | $24,591,593 | $332,944 |
| 2022 | $2,204,102 | $1,776,788 | $24,107,323 | $427,314 |
| 2021 | $2,878,741 | $3,572,072 | $25,545,530 | $-693,331 |
| 2020 | $3,952,333 | $2,431,896 | $26,242,832 | $1,520,437 |
| 2019 | $2,305,211 | $2,405,406 | $25,385,026 | $-100,195 |
Compare THE RIVERCITY COMPANY with other nonprofits in Tennessee and across the country.