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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Carthage Economic Development Corp.

Carthage Economic Development Corp.

Fiscal year ending 2019. Filed on May 19, 2020.

P O Box 400
Carthage, Texas 75633

Carthage Economic Development Corp. (EIN: 75-2488443) has filed an IRS Form 990 between fiscal years 2016 and 2023. In its fiscal year 2019 IRS Form 990 filing, Carthage Economic Development Corp., a 501(c)(3) charitable organization, reported compensation for 1 out of 2 total employees. Among the employees shown here, the average compensation is $150,366. The highest compensated employee at Carthage Economic Development Corp. is Steve Williams with fiscal year 2019 compensation of $150,366.

Revenue, expenses, and employee compensation

Revenue

$654,539

Expenses

$396,099

Employee compensation

$92,034
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Steve Williams
President
$150,366
$16,074 $134,292 No other comp

Benchmark Employee Compensation

Non-Employee Board Members

Ida Beck
Director
Jerry Hanszen
Director
Lynn Vincent
Chair
Olin Joffrion
Secretary and Treasurer
Walta Cooke
Director

Mission Statement

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.

Other organizations also named Carthage Economic Development

Carthage Economic Development Corp.
Carthage, Missouri

Revisions to this organization profile

August 18, 2025:
2023 Carthage Economic Development Corp. 990 filed
February 23, 2023:
2022 Carthage Economic Development Corp. 990 filed
February 15, 2022:
2021 Carthage Economic Development Corp. 990 filed

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