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.
- Base
- $242k
- Bonus
- —
- Other
- —
- Benefits
- —
- Base
- $132k
- Bonus
- —
- Other
- —
- Benefits
- $12k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Executive Director (through 3/31/25) Above 90th percentilevs Education peers in New Mexico | $242k | — | — | — | $257k $274k |
Director Board Member Above 90th percentile | — | — | — | — | $158k $169k |
Director of Operations Median to 75th percentile | $132k | — | — | $12k | $152k $162k |
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.
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%.
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.
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.
Chief Executive Officer pay rose 114% from 2022 to 2024, while revenue fell 7%.
- 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.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
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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