44
Lubbock Economic Development Alliance Inc
Community Development · Lubbock, Texas
1500 Broadway Ste 600, Lubbock, TX 79401-3167
EIN: 900183669· Founded: Jan 2005· 21 years active· Filing Year: 2023
Annual Revenue
$12.7M
Total Expenses
$6.1M
Total Assets
$61.6M
Program Spending
1%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$855K
14.0% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
$415K
Total Payroll
$1.3M
21% of total expenses
Where the Money Goes
1%
Programs: 1%
Payroll: 21%
Other overhead: 99%
Program Revenue$56K (0%)
Total Expenses$6.1M (48%)
Payroll$1.3M (21%)
Overhead (non-program)99%
Trust Score Breakdown
Program Spending Ratio
1% of expenses go to programs
Revenue & Stability
$12.7M annual revenue
Executive Compensation
$855K total officer comp (14.0% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$61.6M in assets
Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.