Binghampton Development

What Binghampton Development does

Binghampton Development Corporation (BDC), founded in July 2003, is a Memphis-based non-profit community development corporation dedicated to improving the quality of life in the Binghampton neighborhood (12,111 residents, two square miles at the geographic center of Memphis). Its mission combines economic empowerment with environmental sustainability, operating the BDC Business Hub — an 82,000 SF warehouse facility at 2690 Yale Avenue in an Opportunity Zone along the I-240 Loop — as the operational anchor.

The Business Hub integrates three service lines: a paid Job Training Program (3–15 months, $12–$16/hour) that produces a labor pipeline for waste reduction, food rescue, and recycling work; 3PL warehousing services including rework, cross-dock, transload, shipping, receiving, storage, kitting, and fulfillment for enterprise and mid-market customers; and recycling services spanning mattresses ($10–$40 per unit, with bulk rates as low as $10), tires (including manufactured bike lane barriers: Ridge, Post, and Clover Delineators), polystyrene and polyethylene foam, and HID/LED streetlight fixtures (95,000 fixtures processed in 2023, with freight pickup up to 700 miles from Memphis). Complementing the Hub are community programs including the 10-week CO.STARTERS entrepreneur program, Free Tax Prep (January–April 2026), the Block Crew neighborhood beautification service, and the Binghampton Times monthly newsletter.

Revenue is diversified across donations and fundraising (22 years of donor partnerships across the country), 3PL warehousing contract revenue from a roster of enterprise and mid-market accounts (Marten, Path, Olimp, Wee Sprout, Big Green, Warehowz, Amro Music, Elmington Capital Group), unit-priced mattress and foam recycling fees for residential and institutional customers (hotels, retailers, waste haulers, dormitories), and commercial streetlight recycling for municipal and private lighting owners. Strategic partners include FedEx Cares, the Community Redevelopment Agency, City of Memphis Engineering, Clean Memphis, PGA TOUR, Republic Services, and The Flourishing Agency.

Name

Binghampton Development

Legal name

Binghampton Development Corporation

Website

https://bdcmemphis.org

Company type

Private

Founded year

2003

Operating status

Operating

Headcount range

11–50 employees

Short description

Binghampton Development Corporation is a Memphis-based non-profit that combines paid job training, 3PL warehousing, and recycling services (mattresses, tires, foam, streetlights) from an 82,000 SF Business Hub to drive economic empowerment and environmental sustainability for the Binghampton neighborhood.

Ownership category

akta.pro rank

Headquarters

HQ city

Memphis

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Supply Chain, Marketing or Sales, Others

Revenue model

1. Donations and Fundraising: Tax-deductible donations from donors across the country supporting BDC's work to empower Binghampton residents. 22 years of donor partnerships.
2. 3PL Warehousing Services: Third-party logistics services from 82,000 SF facility including rework, cross-dock, transload, shipping, receiving, storage, kitting, and fulfillment.
3. Mattress and Recycling Fees: Fees for mattress recycling ($20 each), box springs ($20), foam toppers ($10), bed frames ($10), curbside pickup (starting $40), and bulk rates (as low as $10).
4. Foam Recycling Services: Free drop-off recycling for polystyrene and polyethylene foam. Local businesses can arrange pickup services for large quantities.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Binghampton Development Corporation (BDC) operates the BDC Business Hub, an 82,000 SF warehouse facility in Memphis that combines paid job training for local residents with commercial-scale recycling services (mattress, tire, foam, and streetlight fixture recycling) and third-party logistics warehousing. The organization also delivers community outreach programs including small business support, free tax preparation, neighborhood beautification, and a monthly newsletter, all aimed at addressing economic oppression in the Binghampton neighborhood.

Product overview

The Binghampton Development Corporation (BDC) operates as a non-profit community development organization offering a unified portfolio centered on the BDC Business Hub — an 82,000 SF warehouse facility that combines workforce development with environmental sustainability services. The Business Hub integrates three core service lines: (1) Job Training Program offering 3-15 month paid warehouse-based training; (2) Recycling Services encompassing mattress, tire, foam, and streetlight recycling with redemptive employment; and (3) 3PL Warehousing providing logistics services. Complementing the Business Hub, BDC provides community outreach programs including the CO.STARTERS 10-week entrepreneur program, free tax preparation, and the Block Crew neighborhood beautification service. The organization also publishes the Binghampton Times newsletter. This integrated approach connects economic empowerment with environmental impact, using recycling revenue to fund trainee salaries and community programs.

Differentiator

Problem solved

Functional benefit

Brands

• BDC Business Hub: A warehouse-based job training and recycling facility providing 3PL warehousing services, mattress recycling, tire recycling, foam recycling, and streetlight recycling services to create employment opportunities for Binghampton residents.

Products and services

• BDC Business Hub An 82,000 SF warehouse facility providing job training, recycling services, and 3PL warehousing. The hub equips individuals with warehouse skills while offering recycling programs for mattresses, tires, styrofoam, and streetlight fixtures.
• Job Training Program A 3-15 month paid, full-time warehouse-based training and development program with wages ranging from $12-$16/hour, located at 2690 Yale Avenue in Binghampton, providing workforce skills for neighborhood residents.
• Mattress Recycling Mattress and box spring recycling service accepting mattresses at $20 each, box springs at $20 each, foam mattress toppers at $10, and metal bed frames at $10. Residential pickup available starting at $40, with bulk rates as low as $10 per unit for hotels, retailers, waste haulers, and institutional customers.
• Tire Recycling Tire recycling program that manufactures bike lane barriers from scrapped tires. Products include Ridge Delineators (5 feet long, 10 inches high), Post Delineators, and Clover Delineators for bike lane protection and roadway improvement projects in partnership with the City of Memphis Engineering Department.
• Foam Recycling Free drop-off recycling service for Polystyrene and Polyethylene foam including egg cartons, meat trays, to-go boxes, and packing foam. Local businesses can arrange pickup services for large quantities.
• Streetlight Recycling Recycling service for streetlight fixtures including HID, LED, parking lot lights, and high bay warehouse fixtures. Processed 95,000 fixtures in 2023 with expanded services including bulb disposal and freight pickup from up to 700 miles from Memphis.
• 3PL Warehousing Third-party logistics warehousing services including rework, cross-dock, transload, shipping, receiving, storage, kitting, and fulfillment from an 82,000 SF facility in the I-240 Loop, with 12-21 ft ceiling height, 13 dock doors and 2 drive-in doors, and 10,000 sq ft of office space.
• CO.STARTERS Program A 10-week entrepreneur program offered in partnership with The Flourishing Agency, designed for entrepreneurs at any stage to develop, test, and refine business ideas through a collaborative process using the CO.STARTERS Canvas.
• Free Tax Prep Free tax preparation service for households with income of $70,000 or less, operating January 26-April 13, 2026 with hours on Mondays, Thursdays, and Saturdays.
• Block Crew Neighborhood service program working in public spaces to remove debris, maintain green areas, and address illegal dumping in Binghampton neighborhood right of ways. Part-time positions at $15/hour for 20-25 hours per week, in partnership with the Community Redevelopment Agency.

Quantifiable outcome

• Over 180 people employed through waste reduction, food rescue, and recycling programs
• +3 more outcomes

Named customers12 records

Segments5 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Twelve partnerships are on record, tiered core and minor.

• FedEx CarescoreStrategic or Co-development Partner · 1 April 2026FedEx is a key logistics partner connecting community sustainability efforts through in-kind shipping, supply chain expertise, and support for the Circular Supply Chain Coalition's projects. FedEx supports waste reduction, food rescue, and recycling programs.
• GAME ChangecoreStrategic or Co-development Partner · 1 April 2026Host of collaborative circular economy initiatives event in Memphis bringing together leaders from across the Mid-South region to discuss circular economy initiatives.
• Circular Supply Chain CoalitioncoreStrategic or Co-development Partner · 1 April 2026Coalition working on collaborative circular economy initiatives including waste reduction, food rescue, and recycling programs.
• Clean MemphisminorStrategic or Co-development Partner · 1 April 2026Organization working on waste reduction and recycling programs in Memphis.
• PGA TOURminorStrategic or Co-development Partner · 1 April 2026Organization participating in circular economy initiatives and sustainability programs.
• Community Redevelopment Agency (CRA)coreStrategic or Co-development PartnerCRA is partnering with BDC to launch the Block Crew neighborhood service program to improve cleanliness, safety, and appearance across Binghampton.
• The Flourishing AgencycoreStrategic or Co-development PartnerPartner providing CO.STARTERS Program for entrepreneurs in Binghampton. Founder Kimberlee Richards believes underestimated entrepreneurs deserve tools, structure, and support to thrive.
• CO.STARTERScoreStrategic or Co-development Partner10-week entrepreneur program offered at BDC for entrepreneurs at any stage to develop, test, and refine business ideas through a proven collaborative process.
• City of Memphis Engineering DepartmentcoreStrategic or Co-development PartnerPartner in tire bike lane barrier project. BDC Business Hub manufactures barriers from blighted tires in partnership with the City.
• REDFminorStrategic or Co-development PartnerFeatured Antwoine Clark story about joy and grace changing lives through BDC employment programs.
• Christ Church MemphisminorStrategic or Co-development PartnerFeatured story 'From Streetlights to Careers: How the BDC Hub is Transforming Lives Through Employment'.
• United Way / Free Tax PrepminorStrategic or Co-development PartnerFree tax preparation services for households with income $70,000 or less during tax season (January-April 2026).

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• The Recycling Partnership: National nonprofit focused on improving residential and commercial recycling infrastructure across the US. Broader and more policy-oriented than BDC, but shares the mission of advancing recycling systems and operates with similar corporate and municipal partner networks.
• Per Scholas: National nonprofit providing tuition-free technology and warehouse/logistics workforce training to under-resourced adults, with strong employer partnerships. Comparable in workforce-development outcomes for warehouse and logistics roles, though BDC's training is shorter-term and bundled with employer-paid recycling work.
• Closed Loop Partners: Investment platform focused on building the circular economy through funds, accelerators, and partnerships. Comparable in its circular-supply-chain focus and corporate partnerships (including FedEx-adjacent), but operates at a national investment scale rather than at a single facility.
• Year Up: National workforce development nonprofit providing training and corporate placements for young adults from under-resourced communities. Comparable mission focus on economic empowerment through skills training, but operates without BDC's commercial recycling/3PL revenue model.
• Republic Services: One of the largest US waste management and recycling companies and a recorded BDC investor. Operates recycling services, hauling, and processing infrastructure that overlaps with BDC's mattress, streetlight, and foam recycling lines at significantly greater scale.

Direct peers

• Soles4Souls: Nonprofit that collects and repurposes discarded consumer goods (shoes, clothing) through donations and operational programs that create work for under-resourced populations. Comparable as a donation-plus-recycling nonprofit with explicit workforce development goals.
• The Reuse People: Nonprofit deconstruction and salvage organization that recovers reusable building materials and resells them, with a workforce-training component. Comparable operational model of converting discarded materials into revenue that funds social programs.
• Goodwill Industries International: Nonprofit that runs workforce training programs alongside commercial reuse, recycling, and 3PL-style contract services. Closest comparable in dual-mission model that cross-subsidizes mission work with operational revenue from a single physical footprint.
• Habitat for Humanity ReStores: Nonprofit community-development organization whose ReStore chain generates revenue from reselling donated building materials and furniture, paralleling BDC's model of converting community-recovered materials (mattresses, tires, foam, streetlights) into a self-sustaining revenue line.

Regional players

• Clean Memphis: Memphis-area nonprofit focused on litter reduction, beautification, and recycling programs. A named BDC partner with overlapping mission in Memphis neighborhood sustainability, but does not run warehousing or recycling processing operations.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/bdcmemphis
• Facebookfacebook.com/bdcmemphis

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Binghampton Development