philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Plano Improvement Corporation

Tax-deductible

Plano, TX501(c)(3)Community Development EIN 81-2815232Revenue $339K in FY2025

On file with the IRS1520 K Avenue 340, 75074-6232 · Plano, TXTax-exempt since Aug 2016Supporting org, Type I — 509(a)(3)

Claim this org

(tell your story, add context, and more)

What claiming does How does your 990 look to donors? Take the 10-Question Audit

The Plano Improvement Corporation exists to serve as a non-profit Corporation to facilitate real estate transactions and serve as an independent foundation for acceptance of donations for the city of Plano, a texas public municipality.

501(c)(3) charity; gifts are tax-deductible.
56¢ of each $1 spent went to programs.
Run by 3 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average surplus $11K a year · 4% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
56%
of spending
Worth a look: 56% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Cash reserves
7 mo
of spending, in cash
Looks good: 6.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $30K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$11K
6% of total assets
Looks good: liabilities are 6% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 3 voting members
Looks good: 3 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$339K
-2% vs prior year
Spent
$322K
To programs
56%
Net assets
$173K
By yearFY2020–FY2025
Revenue
$339K
FY2025▼ -2%
Tap a bar for its year
Revenue by fiscal year
FY2020$283K
FY2021$216K
FY2022$311K
FY2023$230K
FY2024$345K
FY2025$339K
Expenses
$322K
FY2025▲ +71%
Tap a bar for its year
Expenses by fiscal year
FY2020$270K
FY2021$264K
FY2022$352K
FY2023$260K
FY2024$188K
FY2025$322K
Net assets
$173K
FY2025▲ +11%
Tap a bar for its year
Net assets by fiscal year
FY2020$119K
FY2021$71K
FY2022$30K
FY2023$0
FY2024$156K
FY2025$173K

From the FY2025 Form 990 (year ending September 2025) · see the original

990 PDF Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Aug 2016.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

56 cents of each dollar spent went to programs.

Program services 56% · $182K Management & general 44% · $140K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

3 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
$0Pt VII · Sec A
Denise Tacke
Secretary/Treasurer
$0Pt VII · Sec A
Jack Carr
Vice-President
$0Pt VII · Sec A
See Plano Improvement Corporation executive salaries →

On this list? Claim this org

Something off? Claim to add context

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Facilitates real estate deals and accepts donations for the City of Plano.

Questions for Plano Improvement Corporation

Tap to ask. Plano Improvement Corporation sees how many people are interested.

Your first name shows with your question. Plano Improvement Corporation answers here, for everyone.

Provided by the organization

Know this org? Add your story

2 programs · $182K · in their own filed words · FY2024
01

The plano improvement corporation supports the charitable activities of the city of plano making grants to support various programs. These programs include internship opportunities for students, which operates in conjunction with the city to provide summer education internship opportunities for students in plano independent school…

$182Kprogram expense
02

The plano improvement corporation is organized to serve the citizens of the city of plano by facilitating real estate transactions and serve as an independent foundation for acceptance of donations.

Pt IX · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2023
Bank of America Charitable Foundation INCFY2023$30K
Total grants receivedfrom 1 funder$30K
Grants paid · 11 grants · $720K · 2019–2024
City of PlanoFY2024$99,847
Unitemized GrantFY2024$74,500
Unitemized GrantFY2023$47,030
City of PlanoFY2023$13,517
City of PlanoFY2022$68,682
Unitemized GrantFY2022$45,760
City of PlanoFY2021$108,874
Unitemized GrantFY2021$58,425
Vwait Group LLCFY2019$146,250
City of Plano TexasFY2019$50,000
Plano Chamber of CommerceTX · FY2019$7,040

By the numbers

The FY2025 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$339K
Ln 12
Gifts and grantsLn 1h$339K
Money outPt IX
$322K
Ln 25
Programscol B$182K
Managementcol C$140K
Owns and owesPt X
$173K
net assets · Ln 32
Cash and savingsLn 1–2$185K
Total assetsLn 16$185K
LiabilitiesLn 26$11K
PeoplePt VI, VII
3
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$339K
Total revenueLn 12$339K
Assets in detailPt X, end of year
CashLn 1$185K
Cash and savings togetherLn 1–2$185K
Total assetsLn 16$185K
LiabilitiesLn 26$11K
Net assetsLn 32$173K
OperationsPt I, VI
EmployeesI 50
VolunteersI 63
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$169K$185K
Total assetsLn 16$169K$185K
LiabilitiesLn 26$13K$11K
Net assetsLn 32$156K$173K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$100K$100K
Grants to domestic individualsLn 2$74K$74K
Management feesLn 11a$139K$139K
Accounting feesLn 11c$3K$3K
Other fees for servicesLn 11g$1K$1K
Advertising and promotionLn 12$2K$2K
Office expensesLn 13$1K$1K
Other expenses (24a–d)Ln 24$450$450
Total functional expensesLn 25$322K$182K$140K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $339K$322K$17K$173K 990 PDF
FY2024 $345K$188K$156K$156K 990 PDF
FY2023 $230K$260K−$30K$0 990 PDF
FY2022 $311K$352K−$41K$30K 990 PDF
FY2021 $216K$264K−$48K$71K 990 PDF
FY2020 $283K$270K$13K$119K 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2025 990 (6 parts)
Part I · Summary $338,665 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $344,804$338,665
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $344,804$338,665
I-13 Grants and similar amounts paidPrior year $60,547$174,347
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $127,890$147,478
I-18 Total expensesPrior year $188,437$321,825
I-19 Revenue less expensesPrior year $156,367$16,840
Part VI · Governance 3 of 3 board members independent, 3 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members3
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $338,665 across 3 lines filed
VIII-1f All other contributions, gifts and grants$338,665
VIII-1h Total contributions, gifts and grants$338,665
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$338,665
Part IX · Statement of functional expenses $321,825 across 8 lines filed
IX-1 Grants to domestic organizationsPrograms $99,847$99,847
IX-2 Grants to domestic individualsPrograms $74,500$74,500
IX-11a Management feesManagement $138,950$138,950
IX-11c Accounting feesPrograms $3,250$3,250
IX-11g Other fees for servicesManagement $1,375$1,375
IX-12 Advertising and promotionPrograms $2,087$2,087
IX-13 Office expensesPrograms $1,366$1,366
IX-24 Other expenses (24a–d)Programs $450$450
IX-25 Total functional expensesPrograms $181,500 · Management $140,325 · Fundraising $0$321,825
Part X · Balance sheet $184,657 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $169,377$184,657
X-16 Total assetsStart of year $169,377$184,657
X-17 Accounts payable and accrued expensesStart of year $13,010$11,450
X-26 Total liabilitiesStart of year $13,010$11,450
X-27 Net assets without donor restrictionsStart of year $156,367$173,207
X-32 Total net assets or fund balancesStart of year $156,367$173,207
X-33 Total liabilities and net assetsStart of year $169,377$184,657
Part XI · Reconciliation of net assets $173,207 net assets at year end
XI-1 Total revenue$338,665
XI-2 Total expenses$321,825
XI-3 Revenue less expenses$16,840
XI-4 Net assets at start of year$156,367
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$173,207

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.