Public Charity

LUBBOCK ECONOMIC DEVELOPMENT ALLIANCE

LUBBOCK ECONOMIC DEVELOPMENT ALLIANCE is a Public Charity headquartered in LUBBOCK, TX. Financial data from the 2024 filing: $16.8M revenue, $12.7M expenses, $56.3M total assets. 4 publicly reported grants to this organization, totaling roughly $3.0M, appear in IRS filings.

EIN: 900183669 LUBBOCK, TX Latest filing: 2024
Total Revenue$16.8M
Total Expenses$12.7M
Total Assets$56.3M
Grant Records4
Funding Total$3.0M
Filing Years2020–2024

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.

Sample Grants Received

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 4 total records — full history available with membership.

Officers & Directors

DIRECTOR Blake Womble
DIRECTOR Brett Cate
DIRECTOR OF BUSINESS RETEN Carolyn Rowley
DIRECTOR Chris Carpenter
VICE PRESIDENT Christine Allen
DIRECTOR OF RECRUITMENT David Rushing

Officer compensation and complete director data available with membership.

Top Grant Purposes

TO ASSIST WITH BUSINESS DEVELOPMENT IN THE COMMUNITY
$2,000,000 2 grants
TO ASSIST WITH COSTS OF RENOVATION PROJECT THAT INCLUDES SITE DEMOLITION, MASONRY, STRUCTURAL STEEL, FRAMING, PLUMBING AND ELECTRICAL WORK.
$1,000,000 1 grant

Financial Trends

Year Revenue Expenses Assets
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
2020 $7.6M $7.4M $25.7M

Between 2020 and 2024, reported annual revenue grew from $7.6M to $16.8M (+123%), with total assets most recently reported at $56.3M.

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

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