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Binghampton Development Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 200062075 ✦ Memphis, TN ✦ Designated as a 501(c)(3)

Overview

What is Binghampton Development Corporation?

The Binghampton Development Corporation is a nonprofit organization situated in Memphis, Tennessee. With a primary focus on the Binghampton community, their mission is to enhance the overall quality of life within this neighborhood. They achieve this goal by supporting the revitalization of Binghampton through initiatives in housing and economic development. This includes various activities aimed at building a healthier and more thriving community.


Official website here: www.bdcmemphis.org

Is Binghampton Development Corporation legitimate?

Binghampton Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Binghampton Development Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $75,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $536,108

For more financial information, click here


Official website here: www.bdcmemphis.org

What is the mission statement of Binghampton Development Corporation?

The Binghampton Development Corporation is committed to enhancing the well-being of its community. Their mission is to foster the revitalization of a specific neighborhood, located in Memphis, Tennessee, by focusing on housing and economic development. This initiative aims to ultimately better the lives of the community's residents. The organization strives to build a healthier community, contributing positively to its social and economic fabric.


Official website here: www.bdcmemphis.org

Who is the CEO of Binghampton Development Corporation?

Robert Montague is the Chairman of Binghampton Development Corporation.


Official website here: www.bdcmemphis.org

What is the revenue of Binghampton Development Corporation?

Binghampton Development Corporation's revenue in 2022 was $3,329,941.


Official website here: www.bdcmemphis.org

Who are the executives of Binghampton Development Corporation and what are their salaries?

Here are 12 key members and their salaries:

    Noah Gray (Executive Director)
  • Compensation: $75,000
  • Related: $0
  • Other: $0

    • Phil Mischke (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Montague (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brian Crenshaw (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stephen W Bowie (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tom Marino (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeanita Davis (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Walter Casey (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike Cloutier (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Margaret Gilliland (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shun Abram (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chad Wilgenbusch (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.bdcmemphis.org

    Where can I find the form 990 for Binghampton Development Corporation?

    The Binghampton Development Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.bdcmemphis.org

    Learn more at the official website: www.bdcmemphis.org

    Mission Statement of Binghampton Development Corporation

    Binghampton Development Corporation, a nonprofit organization, is dedicated to enhancing the living standards within its community. Their primary mission is to foster the revitalization of the Binghampton neighborhood in Memphis, Tennessee, by focusing on housing and economic development initiatives. By implementing these strategies, the organization aims to significantly improve the overall quality of life for the community's residents. In a nutshell, Binghampton Development Corporation strives to create a thriving, healthier community by supporting its growth and development in various aspects.

    Impact

    This information is meant to be a general summary of Binghampton Development Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Binghampton Development Corporation is making a significant impact in the Binghampton community by revitalizing the neighborhood through housing and economic development initiatives. Their efforts are focused on building a healthy community and improving the overall quality of life for residents. By addressing key issues such as affordable housing, economic opportunities, and community engagement, Binghampton Development Corporation is driving positive change and transforming the area into a more vibrant and thriving community.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $-27,134
  • Program Service Revenue: $629,463
  • Gross Receipts: $3,437,547

    • Assets and Liabilities:
  • Total Assets: $13,924,793
  • Total Liabilities: $5,003,355
  • Net Assets: $8,921,438
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    Gateway Center

    Revenue

    $439,399

    Renovated low-income h

    Revenue

    $190,064

    Organization Details

    Founding Year

    2003

    Principal Officer

    Robert Montague

    Main Address

    PO Box 111447, Memphis, TN, 38111

    NTEE Category

    Code: S31 - Community improvement

    If you are a representative of Binghampton Development Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.