Carthage Improvement Corporation

Community development organization based in Carthage, TX. 1 employees. Exempt under §501(c)(3).

MissionTO BENEFIT AND ACCOMPLISH PUBLIC PURPOSES FOR THE CITY OF CARTHAGE, TEXAS, BY PROMOTING, ASSISSTING AND ENHANCING ECONOMIC DEVELOPMENT ACTIVITIES FOR THE CITY AS PROVIDED BY THE STATE OF TEXAS DEVELOPMENT CORPORATION ACT OF 1979, LOCAL GOVERNMENT CODE, CHAPTER 505.

EIN
75-2792161
State
TX
Sector
Community development
Budget band
$500K–$1M
Latest filing
TY 2023
Records
—

Financial snapshot · TY 2023

$875K
Total revenue
$143K
Total expenses
$3.1M
Net assets

Financial health · TY 2023

70
Strong financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
100
260.2 months of expenses
Program efficiency
75
80% spent on programs
Revenue diversity
0
Mix of program fees, grants & contributions

No individual compensation data available.

This organization files with the IRS but does not report individual compensation on Form 990 Part VII.

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Carthage Improvement Corporation Executive Compensation | 990 Data | DoubleNine