Public Charity

CARTHAGE ECONOMIC DEVELOPMENT CORP

CARTHAGE ECONOMIC DEVELOPMENT CORP is a private foundation categorized as Public Charity based in CARTHAGE, TX. Its most recent IRS filing (2025) reports revenue of $1.0M, expenses of $196K, total assets of $5.0M. Imperigo tracks 6 reported grants from this foundation totaling approximately $1.5M.

EIN: 752488443 CARTHAGE, TX Latest filing: 2025
Total Revenue$1.0M
Total Expenses$196K
Total Assets$5.0M
Grants Given6
Grant Total$1.5M
Filing Years2021–2025

Mission

TO BENEFIT AND ACCOMPLISH PUBLIC PURPOSES FOR THE CITY OF CARTHAGE, TEXAS BY PROMOTING, ASSISTING AND ENHANCING ECONOMIC DEVELOPMENT ACTIVITIES FOR THE CITY AS PROVIDED BY THE STATE OF TEXAS DEVELOPMENT CORPORATION ACT OF 1979, LOCAL GOVERNMENT CODE, CHAPTER 504.

Sample Grants Given

CITY OF CARTHAGE
CARTHAGE, TX · 2020
PARKS & RECREATION
$212,000
CITY OF CARTHAGE
CARTHAGE, TX · 2019
DEBT SERVICE, ETC
$259,503
CITY OF CARTHAGE
CARTHAGE, TX · 2018
DEBT SERVICE, ETC
$250,256
CITY OF CARTHAGE
CARTHAGE, TX · 2017
DEBT SERVICE, ETC
$357,728
CITY OF CARTHAGE
CARTHAGE, TX
ECONOMIC DEVELOPMENT
$449,546

Showing up to 5 of 6 total records — full history available with membership.

Officers & Directors

DIRECTOR Isha Brown
SECRETARY/TR Jerry Hanszen
DIRECTOR John Cooke
CHAIRMAN Olin Joffrion
PRESIDENT Stephen K Williams
DIRECTOR Tate Barber

Officer compensation and complete director data available with membership.

Top Grant Purposes

DEBT SERVICE, ETC
$867,487 3 grants
ECONOMIC DEVELOPMENT
$449,546 1 grant
PARKS & RECREATION
$212,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $1.0M $196K $5.0M
2024 $892K $317K $4.2M
2023 $892K $317K $4.2M
2022 $781K $149K $2.9M
2021 $650K $360K $2.4M

Between 2021 and 2025, reported annual revenue grew from $650K to $1.0M (+57%), with total assets most recently reported at $5.0M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in TX.

TX

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for CARTHAGE ECONOMIC DEVELOPMENT CORP

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