Public Charity

LOBO DEVELOPMENT CORPORATION

LOBO DEVELOPMENT CORPORATION is a Public Charity headquartered in ALBUQUERQUE, NM. Financial data from the 2025 filing: $2.5M revenue, $4.7M expenses, $24.3M total assets.

EIN: 421759020 ALBUQUERQUE, NM Support N.E.C. NTEE: B19 Latest filing: 2025

Total Revenue$2.5M

Total Expenses$4.7M

Total Assets$24.3M

Grant Records0

Filing Years2021–2025

Mission

LOBO DEVELOPMENT CORPORATION ADVANCES PLANNING, DEVELOPMENT, AND MANAGEMENT OF REAL PROPERTY AND FACILITIES FOR THE UNIVERSITY OF NEW MEXICO THROUGH NEW MODELS OF ENGAGEMENT, UTILIZING BUSINESS-FOCUSED DECISION-MAKING WITHIN A PUBLIC EDUCATIONAL ENVIRONMENT, CREATING ALTERNATIVE FUNDING SOURCES, AND DEVELOPING PUBLIC/PRIVATE PARTNERSHIPS TO ENHANCE THE UNIVERSITY OF NEW MEXICO'S COMPETITIVENESS, SUSTAINABILITY, AND LONG-TERM VALUE, RESULTING IN IMPROVEMENT TO CAMPUS AND COMMUNITY QUALITY OF LIFE.

Where $100 goes at Lobo Development Corporation

How Lobo Development Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$94 Programs the work itself

$6 Management running the organization

$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $94 for programs

$94

Activities include acquisition, development, disposition and rental of university real estate

All program spending

Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

EXECUTIVE DIRECTOR (THROUGH 3/31/25) David Campbell

DIRECTOR (THROUGH 08/01/2024) Douglas Ziedonis

DIRECTOR (THROUGH 08/01/2024) Eddie Nunez

DIRECTOR Eric K Eggins

DIRECTOR Fernando Lovo

DIRECTOR Garnett Stokes

Officer compensation and complete director data available with membership.

Financial Trends

Year	Revenue	Expenses	Assets
2025	$2.5M	$4.7M	$24.3M
2024	$4.0M	$2.2M	$28.6M
2023	$2.7M	$2.3M	$28.7M
2022	$2.6M	$2.1M	$30.1M
2021	$2.3M	$2.4M	$20.7M

Between 2021 and 2025, reported annual revenue grew from $2.3M to $2.5M (+13%), with total assets most recently reported at $24.3M.

Interactive year-over-year charts and full filing details available with membership.

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