2026-05-13T17:26:05-05:00 2025-06-30 454110923 DelBrocco & Associates PLLC 4737 Spottswood Memphis TN 38117 990 2024-07-01 200062075 Binghampton Development Corporation BING 9013470504 PO Box 111447 Memphis TN 38111 DAndrea Franklin Executive Director 9013470504 2026-05-13 1 1 Peter F Voehringer P00846402 9016819272 2026-05-13 X 2024 2025-03-06 01:10:19Z DAndrea Franklin 280 Tillman Memphis TN 38112 1721485 0 X BDCMEMPHIS.ORG X 2003 TN To improve the quality of life in the Binghampton community. 9 9 68 75 0 0 553235 491831 2207287 1188723 -35660 15432 -269851 -60929 2455011 1635057 129775 0 0 0 937057 920564 0 0 24917 1325520 1299383 2392352 2219947 62659 -584890 14652408 14663877 5270895 5867833 9381513 8796044 Build a healthy community by supporting the revitalization of the Binghampton neighborhood of Memphis, Tennessee, through housing and economic development. 0 0 2028296 0 638886 To improve the quality of life in the Binghampton community. 2028296 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 19 0 68 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 118410 0 0 118410 0 0 1 0 0 0 0 491831 491831 Business Hub 611519 699815 699815 Gateway Center 531120 400771 400771 Renovated low-income h 531110 89960 89960 Loss from subsidiary 531110 -1823 -1823 1188723 15432 15432 21979 86428 -64449 -64449 Management fees 531310 3520 3520 3520 1635057 638886 0 504340 118410 100649 11841 5920 669475 649967 5731 13777 73111 63972 7311 1828 59568 56735 1344 1489 41620 20713 20907 92272 68412 23860 21000 21000 1332 1332 113628 83029 28696 1903 4692 3519 1173 64663 64663 305199 289325 15874 164490 141707 22783 Repairs and maintenance 158899 139982 18917 Community programs 89386 89386 Bad debts 84108 84108 Taxes and licenses 67435 67435 90659 82362 8297 2219947 2028296 166734 24917 792649 676907 289224 67367 739028 700227 2623632 3243613 427199 340771 93597 109353 9989272 2021760 8258025 7967512 257350 397545 143091 134641 1028613 1025941 14652408 14663877 87250 118944 5173994 5739238 9651 9651 5270895 5867833 X 9264215 8678746 117298 117298 9381513 8796044 14652408 14663877 -584890 -579 0 X 0 1 X 1 0 X 890688 2552615 1044657 553235 491831 5533026 890688 2552615 1044657 553235 491831 5533026 1448012 4085014 611810 629935 656503 634716 504340 3037304 106048 189652 54875 3520 354095 8924425 2738015 0.45770 0.44320 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1456679 1456679 8022681 1860816 6161865 509912 160944 348968 7967512 Investment in subsidiary 1025941 1025941 Security deposits 9651 9651 1653324 18267 18267 1635057 0 1635057 2238793 18846 18846 2219947 0 2219947 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. 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 including financial 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