Nonprofit · EIN 75-2792161
CARTHAGE IMPROVEMENTS CORPORATION
Tax-exempt · CARTHAGE, TX 75633
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $980,421 | $112,648 | $867,773 | $3,974,704 | $0 | $3,974,704 |
| September 30, 2024 | 990 | $874,641 | $143,295 | $731,346 | $3,106,931 | $0 | $3,106,931 |
| September 30, 2023 | 990 | $928,096 | $132,165 | $795,931 | $2,291,012 | $0 | $2,291,012 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $115,782
- Other revenue
- $864,639
Expenses
- Grants and similar amounts paid
- $25,000
- Compensation of officers, directors and key employees
- $19,482
- Salaries, compensation and benefits (total)
- $24,829
- Professional fundraising fees
- $0
- Accounting fees
- $800
- Travel
- $550
- Depreciation
- $2,427
- Program services (functional)
- $88,750
- Management and general (functional)
- $23,898
Balance sheet and other
- Total assets, start of year
- $3,106,931
- Total assets, end of year
- $3,974,704
- Total liabilities, end of year
- $0
- Net assets, end of year
- $3,974,704
- Land, buildings and equipment
- $36,193
- Net assets without donor restrictions
- $3,974,704
- Gross receipts
- $980,421
- Employees
- 1
- Year formed
- 1999
- State of legal domicile
- TX
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| STEPHEN K WILLIAMS | CHIEF EXE OF Officer | 4 | $0 | $192,315 | $9,399 |
| BRENDA SAMFORD | RECORDING SE Officer | 15 | $19,482 | $0 | $0 |
| ISHA BROWN | DIRECTOR Trustee or director | – | $0 | $0 | $0 |
| ANDY COATS | DIRECTOR Trustee or director | – | $0 | $0 | $0 |
| JOHN COOKE | DIRECTOR Trustee or director | – | $0 | $0 | $0 |
| JERRY HANSZEN | SECRETARY/TR Trustee or director | – | $0 | $0 | $0 |
| OLIN JOFFRION | PRESIDENT Trustee or director | – | $0 | $0 | $0 |
| STUART LIPSEY | DIRECTOR Trustee or director | – | $0 | $0 | $0 |
| KERI PEROT-VANCE | DIRECTOR Trustee or director | – | $0 | $0 | $0 |
990 for the year ended September 30, 2024: 9 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| STEPHEN K WILLIAMS | CHIEF EXE OF Officer | 4 | $0 | $187,978 | $7,830 |
| BRENDA SAMFORD | RECORDING SE Officer | 15 | $33,976 | $0 | $0 |
| ISHA BROWN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ANDY COATS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JOHN COOKE | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JERRY HANSZEN | SECRETARY/TR Trustee or director | 1 | $0 | $0 | $0 |
| OLIN JOFFRION | PRESIDENT Trustee or director | 1 | $0 | $0 | $0 |
| STUART LIPSEY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| KERI PEROT-VANCE | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended September 30, 2023: 9 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| STEPHEN K WILLIAMS | CHIEF EXEC O Officer | 4 | $0 | $185,141 |
| BRENDA SAMFORD | RECORDING SE Officer | 15 | $32,445 | $0 |
| ISHA BROWN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOHN COOKE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DR ANTHONY EDWARDS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JERRY HANSZEN | SECRETARY/TR Trustee or director, Officer | 1 | $0 | $0 |
| OLIN JOFFRION | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| STUART LIPSEY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KERI PEROT-VANCE | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 400, CARTHAGE, TX 75633-0400
- In care of
- % BRENDA SAMFORD
- Principal officer (990 for 2024)
- STEPHEN K WILLIAMS, PO BOX 400, CARTHAGE, TX 75633
- Signed the 990
- STEPHEN K WILLIAMS, CHIEF EXE OFFICER
- Phone
- (903) 693-3868
- Website
- WWW.CARTHAGETEXAS.COM
- Return prepared by
- JAMES M WOLFE CPA
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.
Program accomplishments
- THE CARTHAGE IMPROVEMENT CORPORATION ASSISSTED THE CITY OF CARTHAGE WITH THE MAINTENANCE OF HERSHELL BECK PARKExpenses $88,750 · grants $25,000
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990 on file |
IRS record
- EIN
- 75-2792161
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 2000
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S31)
- Assets (IRS master file)
- $3,974,704
- Income (IRS master file)
- $980,421
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $980,421 | $112,648 | $3,974,704 | IRS |
| 990 | September 2024 | $874,641 | $143,295 | $3,106,931 | XML |
| 990 | September 2023 | $928,096 | $132,165 | $2,291,012 | XML |
| 990 | September 2022 | $762,095 | $445,691 | $1,495,081 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 75-2792161).
Questions about CARTHAGE IMPROVEMENTS CORPORATION
- What is the EIN of CARTHAGE IMPROVEMENTS CORPORATION?
- The employer identification number (EIN) of CARTHAGE IMPROVEMENTS CORPORATION is 75-2792161.
- Is CARTHAGE IMPROVEMENTS CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
- Are donations to CARTHAGE IMPROVEMENTS CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does CARTHAGE IMPROVEMENTS CORPORATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of CARTHAGE IMPROVEMENTS CORPORATION due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CARTHAGE IMPROVEMENTS CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of CARTHAGE IMPROVEMENTS CORPORATION?
- The 990 for the year ended September 30, 2025 names STEPHEN K WILLIAMS.
- Who are the officers and directors of CARTHAGE IMPROVEMENTS CORPORATION?
- The 990 for the year ended September 30, 2025 lists 9 people; 1 received compensation from the organization.
- How much revenue does CARTHAGE IMPROVEMENTS CORPORATION have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $980,421, expenses of $112,648 and total assets of $3,974,704 at year end.
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- CARTHAGE ISD EDUCATION FOUNDATION INC EIN 02-0605405 · last filed 990 for 2025
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- CARTHAGE ECONOMIC DEVELOPMENT CORPORATION EIN 75-2488443 · last filed 990 for 2025
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All nonprofits in CARTHAGE · Texas · Community improvement and capacity building