Lubbock Economic Development Alliance

Community development organization based in Lubbock, TX. 14 employees. Exempt under §501(c)(4).

MissionTO PROMOTE ECONOMIC GROWTH BY CREATING HIGH QUALITY JOBS, INVESTING IN NEW CAPITAL IMPROVEMENTS, RETAINING AND EXPANDING EXISTING BUSINESSES AND ENHANCING LUBBOCK'S QUALITY OF LIFE.

EIN
90-0183669
State
TX
Sector
Community development
Budget band
$10M–$25M
Latest filing
TY 2023
Records
7 officers · 5 years

Financial snapshot · TY 2023

$16.8M
Total revenue
$12.7M
Total expenses
$56.3M
Net assets

Financial health · TY 2023

40
Financial health needs attention
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
0
-2.3 months of expenses
Program efficiency
100
95.3% spent on programs
Revenue diversity
0
Mix of program fees, grants & contributions

Leadership compensation

$405,825
74th percentile vs. peers
$228,431
79th percentile vs. peers
David Rushing
DIRECTOR OF RECRUITMENT
$155,454
37th percentile vs. peers
Christine Allen
VICE PRESIDENT
$154,879
37th percentile vs. peers
Carolyn Rowley
DIRECTOR OF BUSINESS RETEN
$144,013
37th percentile vs. peers

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Lubbock Economic Development Alliance Executive Compensation | 990 Data | DoubleNine