Public Charity

CARTHAGE IMPROVEMENT CORPORATION

CARTHAGE IMPROVEMENT CORPORATION is a Public Charity headquartered in CARTHAGE, TX. Financial data from the 2025 filing: $980K revenue, $113K expenses, $4.0M total assets. IRS filings disclose 16 grants awarded by this foundation, totaling roughly $1.4M.

EIN: 752792161 CARTHAGE, TX Urban & Community Economic Development NTEE: S31 Latest filing: 2025
Total Revenue$980K
Total Expenses$113K
Total Assets$4.0M
Grants Given16
Grant Total$1.4M
Filing Years2021–2025

Mission

TO 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.

Sample Grants Given

CITY OF CARTHAGE
CARTHAGE, TX · 2024
PARK MAINTENANCE
$25,000
CITY OF CARTHAGE
CARTHAGE, TX · 2023
PARK MAINTENANCE
$25,000
CITY OF CARTHAGE
CARTHAGE, TX · 2022
PARK MAINTENANCE
$25,000
CITY OF CARTHAGE
CARTHAGE, TX · 2021
PARK MAINTENANCE
$25,000
CITY OF CARTHAGE
CARTHAGE, TX · 2020
PARK MAINTENANCE
$25,000

Showing up to 5 of 16 total records — full history available with membership.

Officers & Directors

DIRECTOR Andy Coats
RECORDING SE Brenda Samford
DIRECTOR Isha Brown
SECRETARY/TR Jerry Hanszen
DIRECTOR John Cooke
DIRECTOR Keri Perot-Vance

Officer compensation and complete director data available with membership.

Top Grant Purposes

TOURISM FAC DEBT SVC
$1,087,524 4 grants
PARK MAINTENANCE
$150,000 6 grants
FUTURE PROJECTS
$132,125 1 grant
RV ELECTRICAL WORK
$20,500 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $980K $113K $4.0M
2024 $875K $143K $3.1M
2023 $928K $132K $2.3M
2022 $762K $446K $1.5M
2021 $646K $131K $1.2M

Between 2021 and 2025, reported annual revenue grew from $646K to $980K (+52%), with total assets most recently reported at $4.0M.

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 IMPROVEMENT CORPORATION

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