Overview
What is Carthage Improvement Corporation?
The Carthage Improvement Corporation is a nonprofit organization situated in Carthage, Texas. With a single employee, their primary mission is to contribute to and accomplish public purposes for the city of Carthage. They achieve this by promoting, assisting, and enhancing economic development activities within the city, in accordance with the State of Texas Development Corporation Act of 1979, Local Government Code, Chapter 505. In the past, they have aided the city in maintaining Hershell Beck Park. The corporation aims to benefit the city and its community, working towards economic growth and improvement.
Official website here: www.carthagetexas.com
Is Carthage Improvement Corporation legitimate?
Carthage Improvement Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Carthage Improvement 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $32,445
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.carthagetexas.com
What is the mission statement of Carthage Improvement Corporation?
The Carthage Improvement Corporation is established with a mission to contribute to and accomplish public purposes, specifically by promoting, assisting, and enhancing economic development activities. This mission is governed by the State of Texas Development Corporation Act of 1979, as outlined in the Local Government Code, Chapter 505. The corporation operates with the objective of benefiting its respective city, contributing to its economic growth and development. As demonstrated in their actions, they have aided in maintaining public parks, such as Hershell Beck Park, further emphasizing their role in community development.
Official website here: www.carthagetexas.com
What is the revenue of Carthage Improvement Corporation?
Carthage Improvement Corporation's revenue in 2023 was $928,096.
Official website here: www.carthagetexas.com
Who are the executives of Carthage Improvement Corporation and what are their salaries?
The average compensation at Carthage Improvement Corporation during 2023 was $32,445. There is 1 employee at Carthage Improvement Corporation.
Here are 9 key members and their salaries:
- Compensation: $0
- Related: $185,141
- Other: $0
- Compensation: $32,445
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.carthagetexas.com
Where can I find the form 990 for Carthage Improvement Corporation?
Carthage Improvement Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.carthagetexas.com
Learn more at the official website: www.carthagetexas.com
Mission Statement of Carthage Improvement Corporation
The Carthage Improvement Corporation, as outlined in its mission, is committed to serving a public purpose for the City of Carthage, Texas. This organization strives to promote, assist, and enhance economic development activities within the city, leveraging the provisions of the State of Texas Development Corporation Act of 1979, as outlined in the Local Government Code, Chapter 505. By doing so, the Carthage Improvement Corporation aims to achieve its objective of benefiting the city and contributing to its growth and development.
In practice, the Carthage Improvement Corporation has demonstrated its commitment to this mission by assisting the city in maintaining Hershell Beck Park. This involvement in park maintenance is a tangible example of the organization's role in promoting and enhancing the city's facilities, thereby contributing to its overall development and quality of life. By focusing on economic development activities, the Carthage Improvement Corporation plays a crucial role in shaping the city's future and ensuring its continued growth and prosperity.
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Impact
October, 2024
Carthage Improvement Corporation plays a crucial role in enhancing the economic and community development of Carthage, Texas. By focusing on public purposes aligned with the Texas Development Corporation Act of 1979, the organization actively promotes and assists various economic development activities within the city. One significant area of impact is its contribution to the maintenance of Hershell Beck Park, which not only improves the recreational facilities available to residents but also enhances the quality of life in the community. Through these efforts, Carthage Improvement Corporation facilitates public engagement, attracts visitors, and stimulates local economic growth, ultimately fostering a more vibrant and resilient community in Carthage.
This information is meant to be a general summary of Carthage Improvement Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $41,761
- Gross Receipts: $928,096
Assets and Liabilities:
- Total Assets: $1,495,081
- Total Liabilities: $0
- Net Assets: $1,495,081
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Organization Details
Founding Year
1999
Principal Officer
Stephen K Williams
Website
www.carthagetexas.comNTEE Category
Code: S31 - Community improvement
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