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Filing year 2024

LOBO DEVELOPMENT CORPORATION

Albuquerque, New Mexico·EIN 42-1759020·NTEE B194 · Education·501(c)(3)
Total revenue
$2.5M
Total assets
$24.3M
Total expenses
$4.7M
Reported officers
17
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.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 10 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Education organizations nationwide.

Executive Director (through 3/31/25)
Above 90th percentilevs Education peers in New Mexico
$257k
$274k
Base
$242k
Bonus
Other
Benefits
Director
Board Member
Above 90th percentile
$158k
$169k
Director of Operations
Median to 75th percentile
$152k
$162k
Base
$132k
Bonus
Other
Benefits
$12k
Director
Board Member
Above 90th percentile
$149k
$158k
Chief Executive Officer
75th to 90th percentilevs Education peers in New Mexico
$135k
$143k
Director
Board Member
Above 90th percentile
$128k
$137k
Chief Business Officer
Officer (Unspecified)
$81k
$86k
Director (through 08/01/2024)
Board Member
75th to 90th percentile
$74k
$79k
Director (through 08/01/2024)
Board Member
Median to 75th percentile
$64k
$69k
Director
Board Member
25th percentile to median
$9k
$9k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 7 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at LOBO DEVELOPMENT CORPORATION equaled 5% of the organization's total expenses. The median for education organizations is 7%.

This organization (2024)
5%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Climbed 61%
over 2 years

From $159k in 2022 to $257k in 2024.

$159k
2022
$153k
2023
$257k
2024
In today's dollarsEst.
Up 51% in real terms$182k to $274k

Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 114% from 2022 to 2024, while revenue fell 7%.

$120k in 2022 to $257k in 2024.
  • Board Member pay fell 1% from 2022 to 2024.
  • Chief Operating Officer pay rose 19% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about LOBO DEVELOPMENT CORPORATION

What does the Chief Executive Officer of LOBO DEVELOPMENT CORPORATION earn?

In 2024, the Chief Executive Officer of LOBO DEVELOPMENT CORPORATION received $257,312 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Education organizations in New Mexico: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at LOBO DEVELOPMENT CORPORATION compare with similar nonprofits?

Compared with the same role at Education organizations in New Mexico, the 2024 pay of the Chief Executive Officer at LOBO DEVELOPMENT CORPORATION falls in the top 10%. In 2024, the highest total compensation at LOBO DEVELOPMENT CORPORATION equaled 5% of the organization's total expenses. The median for education organizations is 7%.

What are LOBO DEVELOPMENT CORPORATION's revenue and expenses?

In 2024, LOBO DEVELOPMENT CORPORATION reported $2.5M in total revenue and $4.7M in total expenses on its IRS Form 990.

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