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.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 7 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Community Improvement & Capacity Building organizations nationwide.
- Base
- $272k
- Bonus
- $86k
- Other
- $14k
- Benefits
- $18k
- Base
- $177k
- Bonus
- $32k
- Other
- —
- Benefits
- $10k
- Base
- $148k
- Bonus
- —
- Other
- —
- Benefits
- $648
- Base
- $105k
- Bonus
- $23k
- Other
- —
- Benefits
- $19k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
CEO Above 90th percentilevs Community Improvement & Capacity Building peers in Texas | $272k | $86k | $14k | $18k | $406k $443k |
Cfo/coo Officer (Unspecified) | $177k | $32k | — | $10k | $228k $249k |
Director of Recruitment Highest Compensated Employee Median to 75th percentile | $148k | — | — | $648 | $155k $170k |
Vice President 75th to 90th percentile | $105k | $23k | — | $19k | $155k $169k |
Director of Business Reten Highest Compensated Employee 25th percentile to median | — | — | — | — | $144k $157k |
Director of Downtown & Spe Highest Compensated Employee 25th percentile to median | — | — | — | — | $143k $156k |
Director of Marketing & Co Director (Operational) Median to 75th percentile | — | — | — | — | $134k $146k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 11 unpaid individuals.
Browse compensation in Community Improvement & Capacity Building →
Top pay as a share of expenses
In 2023, the highest total compensation at LUBBOCK ECONOMIC DEVELOPMENT ALLIANCE equaled 3% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.
Based on 10,247 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.
Down 12%
from 2022
From $460k in 2022 to $406k in 2023.
Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Executive Officer pay fell 12% from 2022 to 2023, while revenue rose 32%.
- Highest Compensated Employee pay fell 5% from 2022 to 2023.
- Vice President pay fell 5% from 2022 to 2023.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about LUBBOCK ECONOMIC DEVELOPMENT ALLIANCE
What does the Chief Executive Officer of LUBBOCK ECONOMIC DEVELOPMENT ALLIANCE earn?
In 2023, the Chief Executive Officer of LUBBOCK ECONOMIC DEVELOPMENT ALLIANCE received $405,825 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in Texas: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Chief Executive Officer pay at LUBBOCK ECONOMIC DEVELOPMENT ALLIANCE compare with similar nonprofits?
Compared with the same role at Community Improvement & Capacity Building organizations in Texas, the 2023 pay of the Chief Executive Officer at LUBBOCK ECONOMIC DEVELOPMENT ALLIANCE falls in the top 10%. In 2023, the highest total compensation at LUBBOCK ECONOMIC DEVELOPMENT ALLIANCE equaled 3% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.
What are LUBBOCK ECONOMIC DEVELOPMENT ALLIANCE's revenue and expenses?
In 2023, LUBBOCK ECONOMIC DEVELOPMENT ALLIANCE reported $16.8M in total revenue and $12.7M in total expenses on its IRS Form 990.
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