2025-09-14T12:55:37-05:00 2024-06-30 454110923 DelBrocco & Associates PLLC 4737 Spottswood Memphis TN 38117 990 2023-07-01 200062075 Binghampton Development Corporation BING 9013470504 PO Box 111447 Memphis TN 38111 DAndrea Franklin Executive Director 9013470504 2025-09-14 1 1 Peter F Voehringer P00846402 9016819272 2025-09-14 X 2023 2025-03-06 01:10:19Z DAndrea Franklin 280 Tillman Memphis TN 38112 3612451 0 X BDCMEMPHIS.ORG X 2003 TN To improve the quality of life in the Binghampton community. 9 9 82 75 0 0 1044657 553235 903176 2207287 22527 -35660 189652 -269851 2160012 2455011 18600 129775 0 0 700767 937057 0 0 29408 1163511 1325520 1882878 2392352 277134 62659 14680218 14652408 5361364 5270895 9318854 9381513 Build a healthy community by supporting the revitalization of the Binghampton neighborhood of Memphis, Tennessee, through housing and economic development. 0 0 2199843 129775 1267060 To improve the quality of life in the Binghampton community. 2199843 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 0 0 0 0 1 1 1 0 0 0 1 25 0 82 1 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 TN X DAndrea Franklin 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 Margaret Gilliland Board Member 1.00 X 0 0 0 Shun Abram Board Member 1.00 X 0 0 0 Chad Wilgenbusch Board Member 1.00 X 0 0 0 DAndrea Franklin Executive Director 40.00 X 104754 0 0 104754 0 0 1 0 0 0 0 553235 553235 Business Hub 611519 978700 978700 THDA loan forgiveness 531110 620925 620925 Gateway Center 531120 430285 430285 Renovated low-income h 531110 199877 199877 Loss from subsidiary 531110 -22500 -22500 2207287 27054 27054 152000 214714 -62714 -62714 -62714 618000 942726 -324726 -324726 Management fees 531310 54875 54875 54875 2455011 1267060 0 634716 129775 129775 104754 89040 10475 5239 722189 699657 7097 15435 48287 42251 4829 1207 61827 58937 1344 1546 31421 12557 18864 44083 24005 20078 25000 25000 2311 2311 88554 60584 21989 5981 51322 48756 2566 10051 7538 2513 82316 82316 291402 271950 19452 101052 85156 15896 Community programs 243221 243221 Repairs and maintenance 162486 142001 20485 Taxes and licenses 86053 76892 9161 Utilities 60058 52992 7066 46190 44904 1286 2392352 2199843 163101 29408 394707 792649 234852 289224 1106816 739028 1191057 2623632 1417740 427199 73538 93597 9974586 1716561 8599808 8258025 373673 257350 151541 143091 1136486 1028613 14680218 14652408 75392 87250 5246087 5173994 39885 9651 5361364 5270895 X 9179556 9264215 139298 117298 9318854 9381513 14680218 14652408 62659 0 X 0 1 X 1 0 X 764796 890688 2552615 1044657 553235 5805991 764796 890688 2552615 1044657 553235 5805991 1640183 4165808 655344 611810 629935 656503 634716 3188308 54292 106048 189652 54875 404867 9399166 2667375 0.44320 0.50340 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1456679 1456679 8025331 1603240 6422091 492576 113321 379255 8258025 Investment in subsidiary 1028613 1028613 Security deposits 9651 9651 2492435 37424 37424 2455011 0 2455011 2432737 40385 40385 2392352 0 2392352 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 0 121125 Net book value 3 Low-income residential properties To donate properties within Heights Community to support revitalization of Heights neighborhood 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