Public Charity

MARKET LUBBOCK ECONOMIC DEVELOPMENT CORPORATION

MARKET LUBBOCK ECONOMIC DEVELOPMENT CORPORATION is a private foundation categorized as Public Charity based in LUBBOCK, TX. Its most recent IRS filing (2024) reports revenue of $9.4M, expenses of $9.2M, total assets of $12.7M. Imperigo tracks 157 reported grants from this foundation totaling approximately $14.5M.

EIN: 752621353 LUBBOCK, TX Latest filing: 2024
Total Revenue$9.4M
Total Expenses$9.2M
Total Assets$12.7M
Grants Given157
Grant Total$14.5M
Filing Years2020–2024

Mission

TO ENHANCE AND ENCOURAGE ECONOMIC DEVELOPMENT AND JOB CREATION AND FACILITATE THE DEVELOPMENT OF NEW INDUSTRIES. MANAGE AND OVERSEE THE OPERATIONS OF VISIT LUBBOCK AND FOREIGN TRADE ZONE 260. VISIT LUBBOCK ENCOMPASSES THE OPERATIONS OF THE CONVENTION AND VISITORS BUREAU AND LUBBOCK SPORTS.

Sample Grants Given

LUBBOCK, TX · 2023
TO ASSIST WITH BUSINESS DEVELOPMENT IN THE COMMUNITY
$1,000,000
TEXAS TECH UNIVERSITY
LUBBOCK, TX · 2023
TO HELP FUND THE SCHOOL'S INNOVATION AND RESEARCH PARK.
$434,500
DIXIE PARTNERS II LP
FLOWER MOUND, TX · 2023
TO ASSIST WITH COSTS OF BUILDING UPDATES AND RENOVATIONS.
$125,000
CAVENDAR REAL ESTATE OF LUBBOCK LLC
SAN ANTONIO, TX · 2023
TO ASSIST WITH COSTS OF BUILDING UPDATES AND RENOVATIONS.
$125,000
CAVENDAR REAL ESTATE OF LUBBOCK II LLC
SAN ANTONIO, TX · 2023
TO ASSIST WITH COSTS OF BUILDING UPDATES AND RENOVATIONS.
$125,000

Showing up to 5 of 157 total records — full history available with membership.

Officers & Directors

DIRECTOR OF TOURISM Amy Zientek
DIRECTOR Blake Womble
DIRECTOR Brett Cate
DIRECTOR OF BUSINESS RETEN Carolyn Rowley
DIRECTOR Chris Carpenter
VICE PRESIDENT Christine Allen

Officer compensation and complete director data available with membership.

Top Grant Purposes

TO HELP FUND THE SCHOOL'S INNOVATION AND RESEARCH PARK.
$2,698,500 7 grants
TO ASSIST WITH COSTS OF RENOVATION PROJECT THAT INCLUDES SITE DEMOLITION, MASONRY, STRUCTURAL STEEL, FRAMING, PLUMBING AND ELECTRICAL WORK.
$2,477,951 38 grants
TO ASSIST WITH BUSINESS DEVELOPMENT IN THE COMMUNITY
$2,020,000 4 grants
TO ASSIST WITH UPDATES TO BERL HUFFMAN SOCCER COMPLEX
$2,018,085 1 grant
TO ASSIST WITH COSTS OF BUILDING UPDATES AND RENOVATIONS.
$2,016,667 44 grants

Financial Trends

Year Revenue Expenses Assets
2024 $9.4M $9.2M $12.7M
2023 $10.4M $8.9M $12.9M
2022 $9.1M $7.0M $11.0M
2021 $8.3M $5.1M $8.7M
2020 $6.9M $7.2M $5.6M

Between 2020 and 2024, reported annual revenue grew from $6.9M to $9.4M (+36%), with total assets most recently reported at $12.7M.

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

Grant Geography

Grants from this foundation were reported to recipients in NC, TX.

NCTX

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for MARKET LUBBOCK ECONOMIC DEVELOPMENT CORPORATION

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