PROPUBLICA Fearless Reporting for an Informed Society — Join Us.
DONATE
Skip to content
ProPublica Donate
ProPublica Donate

Carthage Industrial Development Corporation

Organization summary

Type of Nonprofit

Designated as a Business leagues, chambers of commerce, real estate boards, etc, created for the improvement of business conditions.

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$133k (2022)

Expenses
$88.2k (2022)

Total Assets
$1.22M (2022)

Total Liabilities
$269k (2022)

Source: Form 990 tax filings from 2010 to 2022

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$133,301
Expenses
$88,200
Net Income
$45,101
Net Assets
$950,349
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,700
1.3%
Program Services $131,350
98.5%
Investment Income $251
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $54,191
61.4%
Assets/Debt
Total Assets $1,219,535
Total Liabilities $269,186
Net Assets $950,349
Compensation
Key Employees and Officers Compensation Related Other
Brenda Young (Director) $0 $0 $0
Matt Dickinson (President) $0 $0 $0
Sandy Folkerts (Vice President) $0 $0 $0
John Huston (Secretary) $0 $0 $0
Jim Nightingale (Director) $0 $0 $0
Richard Gambrell (Director) $0 $0 $0
John Schwartz (Director) $0 $0 $0
Teresa Smith (Treasurer) $0 $0 $0
Phoebe Wear (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$151,054
Expenses
$137,794
Net Income
$13,260
Net Assets
$905,248
Notable Sources of Revenue Percent of Total Revenue
Contributions $37,967
25.1%
Program Services $112,975
74.8%
Investment Income $112
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $51,684
37.5%
Assets/Debt
Total Assets $1,249,281
Total Liabilities $344,033
Net Assets $905,248
Compensation
Key Employees and Officers Compensation Related Other
Brenda Young (Director) $0 $0 $0
Matt Dickinson (President) $0 $0 $0
Sandy Folkerts (Vice President) $0 $0 $0
John Huston (Secretary) $0 $0 $0
Jim Nightingale (Director) $0 $0 $0
Richard Gambrell (Director) $0 $0 $0
John Schwartz (Director) $0 $0 $0
Teresa Smith (Treasurer) $0 $0 $0
Phoebe Wear (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$98,054
Expenses
$94,050
Net Income
$4,004
Net Assets
$891,988
Notable Sources of Revenue Percent of Total Revenue
Contributions $725
0.7%
Program Services $97,109
99.0%
Investment Income $220
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $50,179
53.4%
Assets/Debt
Total Assets $1,235,960
Total Liabilities $343,972
Net Assets $891,988
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Brenda Young (Director) $0 $0 $0
Matt Dickinson (President) $0 $0 $0
Sandy Folkerts (Vice President) $0 $0 $0
John Huston (Secretary) $0 $0 $0
Jim Nightingale (Director) $0 $0 $0
Richard Gambrell (Director) $0 $0 $0
John Schwartz (Director) $0 $0 $0
Teresa Smith (Treasurer) $0 $0 $0
Phoebe Wear (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$113,755
Expenses
$82,661
Net Income
$31,094
Net Assets
$887,984
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,125
1.9%
Program Services $111,368
97.9%
Investment Income $262
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $48,717
58.9%
Assets/Debt
Total Assets $1,276,080
Total Liabilities $388,096
Net Assets $887,984
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Brenda Young (Director) $0 $0 $0
Matt Dickinson (President) $0 $0 $0
Sandy Folkerts (Vice President) $0 $0 $0
John Huston (Secretary) $0 $0 $0
Jim Nightingale (Director) $0 $0 $0
Richard Gambrell (Director) $0 $0 $0
John Schwartz (Director) $0 $0 $0
Teresa Smith (Treasurer) $0 $0 $0
Phoebe Wear (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$111,284
Expenses
$88,440
Net Income
$22,844
Net Assets
$856,890
Notable Sources of Revenue Percent of Total Revenue
Contributions $550
0.5%
Program Services $110,534
99.3%
Investment Income $200
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $47,298
53.5%
Assets/Debt
Total Assets $1,245,271
Total Liabilities $388,381
Net Assets $856,890
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Eric Boyer (Director) $0 $0 $0
Matt Dickinson (President) $0 $0 $0
Sandy Folkerts (Vice President) $0 $0 $0
John Huston (Secretary) $0 $0 $0
Jim Nightingale (Director) $0 $0 $0
Bill Rasmussen (Director) $0 $0 $0
John Schwartz (Director) $0 $0 $0
Teresa Smith (Treasurer) $0 $0 $0
Phoebe Wear (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$99,856
Expenses
$77,752
Net Income
$22,104
Net Assets
$834,046
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $99,740
99.9%
Investment Income $116
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $45,921
59.1%
Assets/Debt
Total Assets $1,256,783
Total Liabilities $422,737
Net Assets $834,046
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Eric Boyer (Director) $0 $0 $0
Matt Dickinson (President) $0 $0 $0
Sandy Folkerts (Vice President) $0 $0 $0
John Huston (Secretary) $0 $0 $0
Jim Nightingale (Director) $0 $0 $0
Bill Rasmussen (Director) $0 $0 $0
John Schwartz (Director) $0 $0 $0
Teresa Smith (Treasurer) $0 $0 $0
Phoebe Wear (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$95,356
Expenses
$81,367
Net Income
$13,989
Net Assets
$811,942
Notable Sources of Revenue Percent of Total Revenue
Contributions $650
0.7%
Program Services $94,605
99.2%
Investment Income $101
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $44,583
54.8%
Assets/Debt
Total Assets $884,136
Total Liabilities $72,194
Net Assets $811,942
Compensation
Key Employees and Officers Compensation Related Other
Bill Rasmussen (Director) $0 $0 $0
Sandy Folkerts (Vice Preside) $0 $0 $0
Eric Boyer (Director) $0 $0 $0
Matt Dickinson (President) $0 $0 $0
John Schwartz (Director) $0 $0 $0
Jim Nightingale (Director) $0 $0 $0
Teresa Smith (Treasurer) $0 $0 $0
John Huston (Secretary) $0 $0 $0
Phoebe Wear (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$97,343
Expenses
$71,587
Net Income
$25,756
Net Assets
$799,018
Notable Sources of Revenue Percent of Total Revenue
Contributions $4,075
4.2%
Program Services $93,194
95.7%
Investment Income $74
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $43,285
60.5%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $872,277
Total Liabilities $73,259
Net Assets $799,018
Compensation
Key Employees and Officers Compensation Related Other
Bill Rasmussen (Director) $0 $0 $0
Sandy Folkerts (Vice Preside) $0 $0 $0
Eric Boyer (Director) $0 $0 $0
Matt Dickinson (President) $0 $0 $0
John Schwartz (Director) $0 $0 $0
Jim Nightingale (Director) $0 $0 $0
Teresa Smith (Treasurer) $0 $0 $0
John Huston (Secretary) $0 $0 $0
Phoebe Wear (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$193,008
Expenses
$70,223
Net Income
$122,785
Net Assets
$773,262
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,257
0.7%
Program Services $190,360
98.6%
Investment Income $141
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,250
0.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $42,024
59.8%
Assets/Debt
Total Assets $848,858
Total Liabilities $75,596
Net Assets $773,262
Compensation
Key Employees and Officers Compensation Related Other
Bill Rasmussen (Director) $0 $0 $0
Sandy Folkerts (Vice Preside) $0 $0 $0
Eric Boyer (Director) $0 $0 $0
Matt Dickinson (President) $0 $0 $0
John Schwartz (Director) $0 $0 $0
Jim Nightingale (Director) $0 $0 $0
Teresa Smith (Treasurer) $0 $0 $0
John Huston (Secretary) $0 $0 $0
Phoebe Wear (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$276,442
Expenses
$77,348
Net Income
$199,094
Net Assets
$650,477
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,345
0.8%
Program Services $265,237
95.9%
Investment Income $189
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $8,671
3.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $40,800
52.7%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $911,292
Total Liabilities $260,815
Net Assets $650,477
Compensation
Key Employees and Officers Compensation Related Other
Amy P Graham (Economic Devel Director) $40,800 $0 $0
Bill Rasmussen (Director) $0 $0 $0
Sandy Folkerts (Vice President) $0 $0 $0
Eric Boyer (Director) $0 $0 $0
Matt Dickinson (President) $0 $0 $0
John Schwartz (Director) $0 $0 $0
Jim Nightingale (Director) $0 $0 $0
Teresa Smith (Treasurer) $0 $0 $0
John Huston (Secretary) $0 $0 $0
Phoebe Wear (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$93,688
Expenses
$73,416
Net Income
$20,272
Net Assets
$451,383
Notable Sources of Revenue Percent of Total Revenue
Contributions $12,038
12.8%
Program Services $80,591
86.0%
Investment Income $139
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $920
1.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $29,139
39.7%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $764,077
Total Liabilities $312,694
Net Assets $451,383

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$120,108
Expenses
$98,751
Net Income
$21,357
Net Assets
$431,111
Notable Sources of Revenue Percent of Total Revenue
Contributions $10,675
8.9%
Program Services $109,230
90.9%
Investment Income $104
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $99
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $41,300
41.8%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $734,159
Total Liabilities $303,048
Net Assets $431,111

Document Links

Fiscal Year Ending Dec.
2010

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$98,680
Expenses
$90,489
Net Income
$8,191
Net Assets
$409,754
Notable Sources of Revenue Percent of Total Revenue
Contributions $575
0.6%
Program Services $94,373
95.6%
Investment Income $332
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $1,657
1.7%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,743
1.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $46,300
51.2%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $727,735
Total Liabilities $317,981
Net Assets $409,754

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »