2025-01-29T04:58:27-08:00 2024-06-30 630834690 BANKS FINLEY WHITE & CO 617 37TH STREET SOUTH BIRMINGHAM AL 35222 990 2023-07-01 273941432 River City Capital Investment LLC RIVE 9015214232 1863 Madison Avenue Memphis TN 38104 Luther Mercer CEO 9015214232 2025-01-29 true CHRISTOPHER HEARN P01486564 9012746702 2025-01-29 2023 2025-03-06 01:10:19Z Luther Mercer 1863 Madison Ave Memphis TN 38104 996587 false X N/A X 2010 TN 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. 10 10 8 0 0 0 1690280 743134 181524 82724 0 -10795 1690280 996587 0 0 346155 392311 0 0 232331 348801 578486 741112 1111794 255475 5591636 6752719 2351368 3256976 3240268 3495743 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. false false 579719 367000 996587 Loan funding and financial services in distressed, lower-income communities. 579719 true true false false false false false false false false true false false false false false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 10 0 8 true false false false false false false false false false false X 10 10 false false false false false false false true true false false true true true true false false true true false X Luther Mercer 9015214232 1863 Madison Avenue Memphis TN 38104 Luther Mercer President 4.00 X 51923 0 0 Summer Owens Board Member 2.00 X 0 0 0 Michelle Couch Secretary 2.00 X 0 0 0 Mark Yates Board Member 2.00 X 0 0 0 Phillip May Treasurer 2.00 X 0 0 0 Sean Norris Board Member 3.00 X 0 0 0 Patrice Thomas Board Member 3.00 X 0 0 0 Dr Joann Massey Board Member 3.00 X 0 0 0 Andrea Johnson Treasurer 3.00 X 0 0 0 Larry Neal Jr Board Member 3.00 X 0 0 0 John Daniel Vice Chairman 3.00 X 0 0 0 51923 0 0 false false false 743134 743134 Loan Interest and Fees 999999 181524 0 0 181524 82724 0 0 Other income 999999 1750 1750 0 0 Discount on sale of loans 999999 -12545 -12545 0 0 -10795 996587 253453 0 0 392311 349781 42530 0 41966 30095 11871 0 15477 2322 13155 0 12557 1884 10673 0 15361 2304 13057 0 Grant Contract expense 50400 50400 0 0 Consulting fees 48000 48000 0 0 Marketing 9064 1360 7704 0 Interest on loans 59798 29899 29899 0 96178 63674 32504 0 741112 579719 161393 0 1216895 630953 1250000 867705 194808 2882869 2868940 2350614 66703 32196 47064 34507 5591636 6752719 41368 46976 525000 1785000 3210000 2351368 3256976 X 1160764 1628294 2079504 1867449 3240268 3495743 5591636 6752719 255475 X false true X true false X 0 0 1191933 2245433 1105460 1643228 781118 6967172 0 0 0 1191933 2245433 1105460 1643228 781118 6967172 0 0 0 6967172 83381 55125 47052 185558 83381 55125 47052 185558 4304 4304 7157034 0.97350 0.02590 X Pt III Ln 12 Other Income Part III, Line 12 Description: Other Income 2019: 4304. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 66703 32196 34507 34507 996587 996587 996587 741112 741112 741112 Pt VI, Line 11b The Chairman and the Treasurer of the Board reviews the Form 990 before filing. Pt VI, Line 12c All members are required to disclose any possibility of conflict that may exist. The material facts will be discussed by the Board after the presentation from the interested party. The Board excuses the person presenting and the Board discusses further and votes whether it falls into the critera of being a conflict or not. Pt VI, Line 15a No compensation is made directly to River City. They do not have employees. Compensation is made through a related Nonprofit Organization. Pt VI, Line 15b Same as Pt. VI. Line 15a Form 990, Part IX, Line 24e Other expenses 37689. 5653. 32036. 0. Form 990, Part IX, Line 24e Contracted services-Legal 1693. 1225. 468. 0. Form 990, Part IX, Line 24e Bad Debt expense 46436. 46436. 0. 0. Form 990, Part IX, Line 24e Technical assistance 10360. 10360. 0. 0.