EIN 75-2621353

Market Lubbock Economic Development Corporation

IRS 501(c) type
501(c)(4)
Num. employees
24
State
Year formed
1995
Most recent tax filings
2023-09-01
NTEE code, primary
Description
Market Lubbock encourages job creation and new industry development, while managing Visit Lubbock and Foreign Trade Zone 260.
Related structure
Market Lubbock Economic Development Corporation is a subordinate organization under Lubbock Economic Development Alliance (LEDA).
Total revenues
$10,379,213
2023
Total expenses
$8,854,597
2023
Total assets
$12,882,396
2023
Num. employees
24
2023

Program areas at Market Lubbock Economic Development Corporation

In 2022-2023 Market Lubbock, inc. Continued to work with the city of Lubbock to strengthen and encourage investment in downtown Lubbock and other major business corridors in east, north and central Lubbock. Market Lubbock increased it's efforts to increase awareness of Lubbock as a great place to work, live and play through targeted marketing efforts and continued to partner with the city and Texas tech university through the efforts such as the ttu innovation hub and grants to Lubbock Economic Development alliance to bring Economic Development and quality of life to the city. Visit Lubbock, through the convention and visitors bureau and Lubbock sports, contracted with meeting planners, convention organizers and sports event organizers to bring conventions and events to Lubbock that produce a strong Economic impact to our community by bringing visitors to stay in hotels, eat at restaurants and shop at Lubbock businesses.

Personnel at Market Lubbock Economic Development Corporation

NameTitleCompensation
John OsborneChief Executive Officer$0
Jana JohnstonChief Financial Officer and Chief Operating Officer$0
Tonya Christine AllenDirector of Workforce Development$0
Amy ZientekDirector of Sales$102,855
Carolyn RowleyDirector of Business Reten$0
...and 7 more key personnel

Financials for Market Lubbock Economic Development Corporation

RevenuesFYE 09/2023
Total grants, contributions, etc.$9,990,622
Program services$47,746
Investment income and dividends$343,369
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-2,524
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$10,379,213

Form 990s for Market Lubbock Economic Development Corporation

Fiscal year endingDate received by IRSFormPDF link
2023-092024-07-26990View PDF
2022-092023-07-19990View PDF
2021-092022-07-06990View PDF
2020-092021-08-04990View PDF
2019-092020-09-23990View PDF
...and 9 more Form 990s
Data update history
August 24, 2023
Posted financials
Added Form 990 for fiscal year 2022
August 20, 2023
Updated personnel
Identified 3 new personnel
August 1, 2023
Posted financials
Added Form 990 for fiscal year 2021
May 8, 2023
Updated personnel
Identified 4 new personnel
October 12, 2021
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsChapter / child organizations
Issues
Community improvementEconomic development
Characteristics
State / local levelReceives government funding
General information
Address
1500 Broadway 600
Lubbock, TX 79401
Metro area
Lubbock, TX
County
Lubbock County, TX
Website URL
visitlubbock.org/?v=47e5dceea252 
Phone
(806) 749-4500
IRS details
EIN
75-2621353
Fiscal year end
September
Taxreturn type
Form 990
Year formed
1995
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
S30: Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Subordinate organization
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