Public Charity

LUBBOCK ECONOMIC DEVELOPMENT ALLIANCE

LUBBOCK ECONOMIC DEVELOPMENT ALLIANCE is a Public Charity headquartered in LUBBOCK, TX. Financial data from the 2025 filing: $16.6M revenue, $7.0M expenses, $63.5M total assets. 5 publicly reported grants to this organization, totaling roughly $4.0M, appear in IRS filings.

EIN: 900183669 LUBBOCK, TX Economic Development NTEE: S30 Latest filing: 2025
Total Revenue$16.6M
Total Expenses$7.0M
Total Assets$63.5M
Grant Records5
Funding Total$4.0M
Filing Years2021–2025

Mission

TO 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.

Where $100 goes at Lubbock Economic Development Alliance

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

$96 Programs the work itself
$4 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 $96 for programs

$96
Leda continued to experience a tremendous amount of interest from companies across the country
All program spending · Reported in the filing: 600 individuals; 100 individuals
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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.

Sample Grants Received

2024
TO ASSIST WITH BUSINESS DEVELOPMENT IN THE COMMUNITY
$1,000,000
2023
TO ASSIST WITH BUSINESS DEVELOPMENT IN THE COMMUNITY
$1,000,000
2022
TO ASSIST WITH BUSINESS DEVELOPMENT IN THE COMMUNITY
$1,000,000
2021
TO ASSIST WITH COSTS OF RENOVATION PROJECT THAT INCLUDES SITE DEMOLITION, MASONRY, STRUCTURAL STEEL, FRAMING, PLUMBING AND ELECTRICAL WORK.
$1,000,000

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

Officers & Directors

DIRECTOR Blake Womble
DIRECTOR OF BUSINESS RETENTION Carolyn Rowley
DIRECTOR OF BUSINESS DEVELOPMENT Chris Rankin
VICE PRESIDENT Christine Allen
DIRECTOR Henry Patel
CHAIRMAN James Conwright

Officer compensation and complete director data available with membership.

Top Grant Purposes

Economic Development
$3,000,000 3 grants
General Support
$1,000,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $16.6M $7.0M $63.5M
2024 $16.8M $12.7M $56.3M
2023 $12.7M $6.1M $61.6M
2022 $10.2M $46.6M $26.1M
2021 $13.7M $4.8M $29.5M

Between 2021 and 2025, reported annual revenue grew from $13.7M to $16.6M (+21%), with total assets most recently reported at $63.5M.

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

See the full picture for LUBBOCK ECONOMIC DEVELOPMENT ALLIANCE

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