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  4. River City Capital Investment LLC
EIN 27-3941432

River City Capital Investment LLC

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Memphis
State
Tennessee
Year formed
2013
Most recent tax filings
2023-06-01
NTEE code, primary
S43: Management Services for Small Business, Entrepreneurs
Description
River City Capital Investment Corp offers small business and housing development loans, as well as technical support. Its programs focus on loan funding and financial services in distressed, lower-income communities. The corporation operates as a Community Development Financial Institution.
Also known as...
River City Capital Investment Corporation
Total revenues
$1,690,280
2023
Total expenses
$578,486
2023
Total assets
$5,591,636
2023
Num. employees
0
2023

Program areas at River City Capital Investment LLC

Loan funding and financial services in distressed, lower-income communities.

Who funds River City Capital Investment LLC

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Truist FoundationGeneral Operating$250,000
Kresge FoundationSupporting River City Capital's Strategic Growth Plan$150,000

Personnel at River City Capital Investment LLC

NameTitleCompensation
Luther MercerChief Executive Officer$51,923
Ron BrooksPresident$32,500
Eric RobertsonChief Executive Officer / President$0

Financials for River City Capital Investment LLC

RevenuesFYE 06/2023
Total grants, contributions, etc.$1,690,280
Program services$0
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$1,690,280

Form 990s for River City Capital Investment LLC

Fiscal year endingDate received by IRSFormPDF link
2023-062024-02-12990View PDF
2022-062023-04-30990View PDF
2021-062022-08-28990View PDF
2021-062022-05-16990View PDF
2020-062021-05-26990View PDF
...and 9 more Form 990s

Organizations like River City Capital Investment LLC

OrganizationLocationRevenue
Carolina Community ImpactRaleigh, NC$1,063,640
Entrepreneur Works FundPhiladelphia, PA$607,752
ECDC Enterprise Development GroupArlington, VA$3,099,812
Access Plus CapitalFresno, CA$3,653,075
Feed the Hunger FundSan Francisco, CA$2,292,088
Enchantment Land Certified Development CompanyAlbuquerque, NM$993,953
Bridging VirginiaRichmond, VA$631,808
Nor-Cal FDCOakland, CA$2,499,517
Rende Progress CapitalGrand Rapids, MI$1,358,413
Catalyst Community CapitalSt Petersburg, FL$805,577
Data update history
May 22, 2024
Updated personnel
Identified 2 new personnel
December 26, 2023
Received grants
Identified 1 new grant, including a grant for $250,000 from Truist Foundation
December 23, 2023
Received grants
Identified 1 new grant, including a grant for $150,000 from Kresge Foundation
July 10, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 1, 2023
Updated personnel
Identified 4 new personnel
Nonprofit Types
Business and community development organizationsCharities
Issues
Business and industry
Characteristics
Receives government fundingTax deductible donationsNo full-time employees
General information
Address
1863 Madison Ave
Memphis, TN 38104
Metro area
Memphis, TN-MS-AR
County
Shelby County, TN
Phone
(901) 521-4232
IRS details
EIN
27-3941432
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2013
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S43: Management Services for Small Business, Entrepreneurs
NAICS code, primary
522120: Savings Institutions
Parent/child status
Independent
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