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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Community Improvement & Capacity Building River City Capital Investment LLC

River City Capital Investment LLC

Fiscal year ending 2024. Filed on January 29, 2025.

1863 Madison Avenue
Memphis, Tennessee 38104

River City Capital Investment LLC (EIN: 27-3941432) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, River City Capital Investment LLC, a 501(c)(3) charitable organization, reported compensation for 1 out of 8 total employees. Among the employees shown here, the average compensation is $51,923. The highest compensated employee at River City Capital Investment LLC is Luther Mercer with fiscal year 2024 compensation of $51,923.

Revenue, expenses, and employee compensation

Revenue

$996,587

Expenses

$741,112

Employee compensation

$392,311
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Luther Mercer
President
$51,923
$51,923 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Andrea Johnson
Treasurer
Dr Joann Massey
Board Member
John Daniel
Vice Chair
Larry Neal Jr
Board Member
Mark Yates
Board Member
Michelle Couch
Secretary
Patrice Thomas
Board Member
Phillip May
Treasurer
Sean Norris
Board Member
Summer Owens
Board Member

Mission Statement

River City Capital LLC is a CDFI(Community Development Financial Institution) with a dedicated mission to accelerate shared prosperity & revitalization in underserved communities through the provisions of capital in Memphis & Shelby County.

Revisions to this organization profile

January 29, 2025:
2024 River City Capital Investment LLC 990 filed
February 12, 2024:
2023 River City Capital Investment LLC 990 filed
April 30, 2023:
2022 River City Capital Investment LLC 990 filed

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