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Filing year 2023

CARTHAGE IMPROVEMENT CORPORATION

Carthage, Texas·EIN 75-2792161·NTEE S31 · Community Improvement & Capacity Building·501(c)(3)
Total revenue
$875k
Total assets
$3.1M
Total expenses
$143k
Reported officers
9
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.

Executive compensation

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Community Improvement & Capacity Building organizations nationwide.

Recording Se
Secretary (Operational)
25th percentile to median
$34k
$37k
Chief Exe of
Officer (Unspecified)
$8k
$9k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 7 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at CARTHAGE IMPROVEMENT CORPORATION equaled 24% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2023)
24%
Sector median
14%
Middle half of sector
6% to 28%

Based on 10,247 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 5%
from 2022

From $32k in 2022 to $34k in 2023.

$32k
2022
$34k
2023
In today's dollarsEst.
Roughly flat in real terms$37k to $37k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Secretary (Operational) pay rose 5% from 2022 to 2023, while revenue fell 6%.

$32k in 2022 to $34k in 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about CARTHAGE IMPROVEMENT CORPORATION

What does the Secretary (Operational) of CARTHAGE IMPROVEMENT CORPORATION earn?

In 2023, the Secretary (Operational) of CARTHAGE IMPROVEMENT CORPORATION received $33,976 in total compensation. This pay is below the median (the midpoint) for Secretary (Operational) roles among Community Improvement & Capacity Building organizations nationwide, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Secretary (Operational) pay at CARTHAGE IMPROVEMENT CORPORATION compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations nationwide, the 2023 pay of the Secretary (Operational) at CARTHAGE IMPROVEMENT CORPORATION falls between the 25th percentile and the median. In 2023, the highest total compensation at CARTHAGE IMPROVEMENT CORPORATION equaled 24% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are CARTHAGE IMPROVEMENT CORPORATION's revenue and expenses?

In 2023, CARTHAGE IMPROVEMENT CORPORATION reported $875k in total revenue and $143k in total expenses on its IRS Form 990.

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