- Revenue 2024
- $16,565,554
- Expenses 2024
- $7,040,474
Program services were 91.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
As filed
- Subsection
- 04
- NTEE code
- S30
- Classification
- 3000
- Street
- 1500 BROADWAY STE 600
These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).
Officers and directors · 2024
As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.
-
JORDAN WHEATLEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
MONT MCCLENDON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
HENRY PATEL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
SONNY GARZA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
BLAKE WOMBLE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
MELISSA COLLIER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
ROBERT TAYLOR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
LORI RICE-SPEARMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
JOHN OSBORNE
CEO
- Total calculated
- $460,108
- From this org
- $405,702
- From related orgs
- $0
- Other
- $54,406
- Hours/week
- 20 + 20 related
Schedule J breakdown matched by us
- Base
- $317,510
- Bonus
- $73,792
- Other
- $14,400
- Deferred
- $16,427
- Nontaxable benefits
- $37,979
- Filer's total
- $460,108
-
JANA JOHNSTON
CFO/COO
- Total calculated
- $239,023
- From this org
- $226,160
- From related orgs
- $0
- Other
- $12,863
- Hours/week
- 20 + 20 related
Schedule J breakdown matched by us
- Base
- $189,390
- Bonus
- $26,749
- Other
- $10,021
- Deferred
- $10,807
- Nontaxable benefits
- $2,056
- Filer's total
- $239,023
-
M'LYN HEFNER
CFO
- Total calculated
- $10,974
- From this org
- $10,974
- From related orgs
- $0
- Other
- $0
- Hours/week
- 20 + 20 related
-
CHRISTINE ALLEN
VICE PRESIDENT
- Total calculated
- $177,627
- From this org
- $152,339
- From related orgs
- $0
- Other
- $25,288
- Hours/week
- 20 + 20 related
Schedule J breakdown matched by us
- Base
- $134,730
- Bonus
- $17,609
- Other
- $0
- Deferred
- $7,617
- Nontaxable benefits
- $17,671
- Filer's total
- $177,627
-
JAMES CONWRIGHT
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
SARAH BEVERS
VICE CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
CAROLYN ROWLEY
DIRECTOR OF BUSINESS RETENTION
- Total calculated
- $178,131
- From this org
- $149,286
- From related orgs
- $0
- Other
- $28,845
- Hours/week
- 20 + 20 related
Schedule J breakdown matched by us
- Base
- $149,286
- Bonus
- $0
- Other
- $0
- Deferred
- $7,464
- Nontaxable benefits
- $21,381
- Filer's total
- $178,131
-
CHRIS RANKIN
DIRECTOR OF BUSINESS DEVELOPMENT
- Total calculated
- $146,633
- From this org
- $126,649
- From related orgs
- $0
- Other
- $19,984
- Hours/week
- 20 + 20 related
-
JORGE QUIRINO
DIRECTOR OF DOWNTOWN & SPECIAL PROJECTS
- Total calculated
- $150,722
- From this org
- $130,591
- From related orgs
- $0
- Other
- $20,131
- Hours/week
- 20 + 20 related
Schedule J breakdown matched by us
- Base
- $130,591
- Bonus
- $0
- Other
- $0
- Deferred
- $6,530
- Nontaxable benefits
- $13,601
- Filer's total
- $150,722
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.
Filings
-
2024
- Revenue
- $16,565,554
- Expenses
- $7,040,474
- Contributions
- $12,012,098
- Grants paid
- $1,699,627
-
2023
- Revenue
- $16,845,151
- Expenses
- $12,700,825
- Contributions
- $15,390,998
- Grants paid
- $7,475,670
-
2022
- Revenue
- $12,728,693
- Expenses
- $6,099,792
- Contributions
- $11,712,216
- Grants paid
- $1,635,571
The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.
Grants made
-
$3,000,000
2023 ECONOMIC DEVELOPMENT
-
$554,000
2024 ECONOMIC DEVELOPMENT
-
$500,000
2022 ECONOMIC DEVELOPMENT
-
$500,000
2023 ECONOMIC DEVELOPMENT
-
$450,000
2023 ECONOMIC DEVELOPMENT
-
$244,000
2022 ECONOMIC DEVELOPMENT
-
$125,000
2023 ECONOMIC DEVELOPMENT
-
$125,000
2022 ECONOMIC DEVELOPMENT
-
$75,000
2022 ECONOMIC DEVELOPMENT
-
$58,746
2024 EQUIPMENT NEEDS
The 10 largest by cash amount. The API serves every itemized grant.
Grants received
-
2023 TO ASSIST WITH BUSINESS DEVELOPMENT IN THE COMMUNITY
-
2022 TO ASSIST WITH BUSINESS DEVELOPMENT IN THE COMMUNITY
-
2024 TO ASSIST WITH BUSINESS DEVELOPMENT IN THE COMMUNITY
Related organizations
From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.
Declared on its 2024 return
-
MARKET LUBBOCK ECONOMIC DEVELOPMENT CORPORATION
501(C)(4) · TO INCREASE EMPLOYMENT OPPORTUNITIES IN LUBBOCK, TX · TX
-
501(C)(3) · ECONOMIC DEVELOPMENT · TX
Declared as related by
-
LUBBOCK EXPERIENCE INCORPORATED
On its 2025 return
-
MARKET LUBBOCK ECONOMIC DEVELOPMENT CORPORATION
On its 2024 return
Other IRS files
Auto-Revocation List
Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.
Publication 78
Not present in the most recent drop.
These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.