Nonprofit · EIN 20-0062075
BINGHAMPTON DEVELOPMENT CORPORATION
Tax-exempt · MEMPHIS, TN 38111
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,635,057 | $2,219,947 | -$584,890 | $14,663,877 | $5,867,833 | $8,796,044 |
| June 30, 2024 | 990 | $2,455,011 | $2,392,352 | $62,659 | $14,652,408 | $5,270,895 | $9,381,513 |
| June 30, 2023 | 990 | $2,160,012 | $1,882,878 | $277,134 | $14,559,936 | $5,361,364 | $9,198,572 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $491,831
- Program service revenue
- $1,188,723
- Investment income
- $15,432
- Net income from sales of inventory
- -$64,449
- Other revenue
- -$60,929
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $118,410
- Other salaries and wages
- $669,475
- Salaries, compensation and benefits (total)
- $920,564
- Professional fundraising fees
- $0
- Accounting fees
- $92,272
- Travel
- $4,692
- Depreciation
- $305,199
- Program services (functional)
- $2,028,296
- Management and general (functional)
- $166,734
- Fundraising (functional)
- $24,917
Balance sheet and other
- Total assets, start of year
- $14,652,408
- Total assets, end of year
- $14,663,877
- Total liabilities, end of year
- $5,867,833
- Net assets, end of year
- $8,796,044
- Land, buildings and equipment
- $7,967,512
- Publicly traded securities
- $397,545
- Net assets without donor restrictions
- $8,678,746
- Net assets with donor restrictions
- $117,298
- Gross receipts
- $1,721,485
- Employees
- 68
- Volunteers
- 75
- Year formed
- 2003
- State of legal domicile
- TN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAndrea Franklin | Executive Director Trustee or director | 40 | $118,410 |
| Phil Mischke | Chairman Trustee or director | 3 | $0 |
| Robert Montague | President Trustee or director, Officer | 3 | $0 |
| Brian Crenshaw | Secretary Trustee or director | 3 | $0 |
| Stephen W Bowie | Treasurer Trustee or director | 3 | $0 |
| Tom Marino | Board Member Trustee or director | 1 | $0 |
| Jeanita Davis | Board Member Trustee or director | 1 | $0 |
| Margaret Gilliland | Board Member Trustee or director | 1 | $0 |
| Shun Abram | Board Member Trustee or director | 1 | $0 |
| Chad Wilgenbusch | Board Member Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAndrea Franklin | Executive Director Trustee or director | 40 | $104,754 |
| Phil Mischke | Chairman Trustee or director | 3 | $0 |
| Robert Montague | President Trustee or director, Officer | 3 | $0 |
| Brian Crenshaw | Secretary Trustee or director | 3 | $0 |
| Stephen W Bowie | Treasurer Trustee or director | 3 | $0 |
| Tom Marino | Board Member Trustee or director | 1 | $0 |
| Jeanita Davis | Board Member Trustee or director | 1 | $0 |
| Margaret Gilliland | Board Member Trustee or director | 1 | $0 |
| Shun Abram | Board Member Trustee or director | 1 | $0 |
| Chad Wilgenbusch | Board Member Trustee or director | 1 | $0 |
990 for the year ended June 30, 2023: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Noah Gray | Former Executive Director Trustee or director, Officer | 40 | $81,250 |
| Phil Mischke | Chairman Trustee or director | 3 | $0 |
| Robert Montague | President Trustee or director, Officer | 3 | $0 |
| Brian Crenshaw | Secretary Trustee or director | 3 | $0 |
| Stephen W Bowie | Treasurer Trustee or director | 3 | $0 |
| Tom Marino | Board Member Trustee or director | 1 | $0 |
| Jeanita Davis | Board Member Trustee or director | 1 | $0 |
| Walter Casey | Board Member Trustee or director | 1 | $0 |
| Mike Cloutier | Board Member Trustee or director | 1 | $0 |
| Margaret Gilliland | Board Member Trustee or director | 1 | $0 |
| Shun Abram | Board Member Trustee or director | 1 | $0 |
| Chad Wilgenbusch | Board Member Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 111447, MEMPHIS, TN 38111-1447
- In care of
- % BRIAN CRENSHAW
- Principal officer (990 for 2024)
- DAndrea Franklin, 280 Tillman, Memphis, TN 38112
- Signed the 990
- DAndrea Franklin, Executive Director
- Phone
- (901) 347-0504
- Website
- BDCMEMPHIS.ORG
- Return prepared by
- DelBrocco & Associates PLLC
Mission
Build a healthy community by supporting the revitalization of the Binghampton neighborhood of Memphis, Tennessee, through housing and economic development.
Program accomplishments
- To improve the quality of life in the Binghampton community.Expenses $2,028,296 · revenue $638,886
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 20-0062075
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2004
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S31)
- Assets (IRS master file)
- $14,663,877
- Income (IRS master file)
- $1,721,485
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,635,057 | $2,219,947 | $14,663,877 | IRS |
| 990 | June 2024 | $2,455,011 | $2,392,352 | $14,652,408 | XML |
| 990 | June 2023 | $2,160,012 | $1,882,878 | $14,559,936 | XML |
| 990 | June 2022 | $3,260,992 | $1,677,678 | $13,890,431 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-0062075).
Questions about BINGHAMPTON DEVELOPMENT CORPORATION
- What is the EIN of BINGHAMPTON DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of BINGHAMPTON DEVELOPMENT CORPORATION is 20-0062075.
- Is BINGHAMPTON DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2004.
- Are donations to BINGHAMPTON DEVELOPMENT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does BINGHAMPTON DEVELOPMENT CORPORATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of BINGHAMPTON DEVELOPMENT CORPORATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did BINGHAMPTON DEVELOPMENT CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of BINGHAMPTON DEVELOPMENT CORPORATION?
- The 990 for the year ended June 30, 2025 names DAndrea Franklin.
- Who are the officers and directors of BINGHAMPTON DEVELOPMENT CORPORATION?
- The 990 for the year ended June 30, 2025 lists 10 people; 1 received compensation from the organization, the highest $118,410 (DAndrea Franklin, Executive Director).
- How much revenue does BINGHAMPTON DEVELOPMENT CORPORATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,635,057, expenses of $2,219,947 and total assets of $14,663,877 at year end.
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