Binghampton Development Corporation

Community development organization based in Memphis, TN. 23 employees. Exempt under §501(c)(3).

MissionBuild a healthy community by supporting the revitalization of the Binghampton neighborhood of Memphis, Tennessee, through housing and economic development.

EIN
20-0062075
State
TN
Sector
Community development
Budget band
$1M–$2.5M
Latest filing
TY 2022
Records
1 officers · 4 years

Financial snapshot · TY 2022

$2.2M
Total revenue
$1.9M
Total expenses
$14.6M
Net assets

Financial health · TY 2022

98
Strong financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
100
57.7 months of expenses
Program efficiency
97
88.9% spent on programs
Revenue diversity
97
Mix of program fees, grants & contributions

Leadership compensation

Noah Gray
Former Executive Director
$81,250
21th percentile vs. peers

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Binghampton Development Corporation Executive Compensation | 990 Data | DoubleNine