2023-05-15T20:54:28-05:00 2022-06-30 454110923 DelBrocco & Associates PLLC 4735 Spottswood Suite 201 Memphis TN 38117 990 2021-07-01 200062075 Binghampton Development Corporation BING 9013470504 PO Box 111447 Memphis TN 38111 Noah Gray Executive Director 9013470504 2023-05-15 1 Noah Gray 999009999 Peter F Voehringer P00846402 9016819272 2023-05-15 X 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z Noah Gray 280 Tillman Memphis TN 38112 3368598 0 X BDCMEMPHIS.ORG X 2003 TN To improve the quality of life in the Binghampton community. 11 11 0 0 0 0 890688 2552615 461384 629463 1400 -27134 51423 106048 1404895 3260992 71112 18600 0 0 490540 705018 0 0 24426 850231 954060 1411883 1677678 -6988 1583314 12365463 13890431 5112493 5054147 7252970 8836284 Build a healthy community by supporting the revitalization of the Binghampton neighborhood of Memphis, Tennessee, through housing and economic development. 0 0 1521873 18600 629463 To improve the quality of life in the Binghampton community. 1521873 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 TN X Mr Noah Gray 9013470504 280 Tillman Memphis TN 38112 Phil Mischke Chairman 3.00 X 0 0 0 Robert Montague President 3.00 X X 0 0 0 Brian Crenshaw Secretary 3.00 X 0 0 0 Stephen W Bowie Treasurer 3.00 X 0 0 0 Tom Marino Board Member 1.00 X 0 0 0 Jeanita Davis Board Member 1.00 X 0 0 0 Walter Casey Board Member 1.00 X 0 0 0 Mike Cloutier Board Member 1.00 X 0 0 0 Margaret Gilliland Board Member 1.00 X 0 0 0 Shun Abram Board Member 1.00 X 0 0 0 Noah Gray Executive Director 40.00 X X 75000 0 0 Chad Wilgenbusch Board Member 1.00 X 0 0 0 75000 0 0 0 0 0 0 0 2552615 1350000 2552615 Gateway Center 531120 439399 439399 Renovated low-income h 531110 190064 190064 629463 472 472 80000 107606 -27606 -27606 -27606 Management fees 531310 106048 106048 106048 3260992 106048 0 602329 18600 18600 75000 63750 7500 3750 536108 514508 10072 11528 48242 42212 4824 1206 45668 43182 1344 1142 23693 13693 10000 48501 43093 5408 30579 12929 17650 57837 38186 12851 6800 6637 4978 1659 88708 88702 6 251753 237664 14089 82262 68838 13424 Repairs and maintenance 151774 132768 19006 Taxes and licenses 88460 85380 3080 Utilities 63903 57885 6018 Security 24655 24655 35298 30850 4448 1677678 1521873 131379 24426 487934 603208 506174 256545 869701 867888 744848 744848 1474256 1383349 46931 66860 9826230 1262618 6890636 8563612 168356 159839 1176627 1244282 12365463 13890431 44144 100242 5040626 4924253 27723 29652 5112493 5054147 X 6985672 8530405 267298 305879 7252970 8836284 12365463 13890431 1583314 0 X 0 1 X 1 0 X 1410357 1462075 764796 890688 2552615 7080531 1410357 1462075 764796 890688 2552615 7080531 1581547 5498984 374002 559458 655344 611810 629935 2830549 27862 32831 54292 106048 221033 10132113 866340 0.54270 0.74510 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1490384 1490384 8002519 1089454 6913065 333327 173164 160163 8563612 Investment in subsidiary 1094360 Notes receivable 29922 Contribution receivable 100000 1224282 Security deposits 29652 29652 Part XI, Line 2d - Other Adjustments: Income from for-profit subsidiaries Part XII, Line 2d - Other Adjustments: Expenses from for-profit subsidiaries Schedule D, Page 4, Part XI, lines 2d and 4b The audit of the Organization and its subsidiaries is comprised of for-profit entities which are excluded from this return. 0 Heights Community Development Corporation 769 National Memphis TN 38122 813066683 501(c)3 18600 0 Net book value Low-income residential properties To donate properties within Heights Community to support revitalization of Heights neighborhood X 1 1350000 Appraisal (Form 8283) 0 0 0 Form 990, Part VI, Section B, line 11b A copy of the Form 990 is presented to the Board of Directors and Executive Director for review and comments prior to the filing of the return. Upon approval of the Board, the Form 990 is filed electronically. Form 990, Part VI, Section B, line 12c The Board of Directors meets quarterly to review various matters includingfinancial performance and conflict of interest disclosures (if applicable).Upon discovery of any conflicts of interest, the resolution of the mattershall be decided by a majority vote of the board. Form 990, Part VI, Section B, line 15 The Board of Directors reviews the compensation of the top officials andevaluates the pay rates to ensure compensation is within range offered byother nonprofit organizations for the appropriate job description.The Board of Director and Executive Director review the compensation ofeach employee and evaluates the pay rates of employees to ensurecompensation is within the range offered by other nonprofit organizationsfor the appropriate job description. Form 990, Part VI, Section C, line 19 The Organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. Binghampton Gateway LLC 280 Tillman Memphis TN 38117 320517479 Real estate leasing TN Binghampton Leverage Lender LLC 280 Tillman Memphis TN 38112 384025951 Lending TN Related 0 1 0.95000 Tillman Apartments Inc 280 Tillman Memphis TN 38112 205796083 Residential rental TN 3 C 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Tillman Apartments Inc (reimburse Q Cost reimbursement