TO ENHANCE AND ENCOURAGE ECONOMIC DEVELOPMENT AND JOB CREATION AND FACILITATE THE DEVELOPMENT OF NEW INDUSTRIES. MANAGE AND OVERSEE THE OPERATIONS OF VISIT LUBBOCK AND FOREIGN TRADE ZONE 260. VISIT LUBBOCK ENCOMPASSES THE OPERATIONS OF THE CONVENTION AND VISITORS BUREAU AND LUBBOCK SPORTS.
Executive compensation
Form 990 · Part VII & Schedule J · 9 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Community Improvement & Capacity Building organizations nationwide.
| Position | Total |
|---|---|
Director of Sports Highest Compensated Employee 25th percentile to median | $131k $143k |
Director of Tourism Highest Compensated Employee 25th percentile to median | $129k $141k |
CEO 10th to 25th percentilevs Community Improvement & Capacity Building peers in Texas | $34k $37k |
Vice President 25th percentile to median | $26k $28k |
Cfo/coo Officer (Unspecified) | $20k $22k |
Director of Business Reten Highest Compensated Employee Below 10th percentile | $18k $19k |
Director of Downtown & Spe Highest Compensated Employee Below 10th percentile | $15k $17k |
Director of Recruitment Highest Compensated Employee Below 10th percentile | $7k $8k |
Director of Marketing & Co Director (Operational) Below 10th percentile | $7k $8k |
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 MARKET LUBBOCK ECONOMIC DEVELOPMENT CORPORATION equaled 1% 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.
Up 3%
from 2022
From $127k in 2022 to $131k 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.
Highest Compensated Employee pay rose 3% from 2022 to 2023, while revenue fell 9%.
- Chief Executive Officer pay fell 28% from 2022 to 2023.
- Vice President pay fell 28% 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 MARKET LUBBOCK ECONOMIC DEVELOPMENT CORPORATION
What does the Highest Compensated Employee of MARKET LUBBOCK ECONOMIC DEVELOPMENT CORPORATION earn?
In 2023, the Highest Compensated Employee of MARKET LUBBOCK ECONOMIC DEVELOPMENT CORPORATION received $131,363 in total compensation. This pay is below the median (the midpoint) for Highest Compensated Employee roles among Community Improvement & Capacity Building organizations nationwide, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.
How does Highest Compensated Employee pay at MARKET LUBBOCK ECONOMIC DEVELOPMENT CORPORATION compare with similar nonprofits?
Compared with the same role at Community Improvement & Capacity Building organizations nationwide, the 2023 pay of the Highest Compensated Employee at MARKET LUBBOCK ECONOMIC DEVELOPMENT CORPORATION falls between the 25th percentile and the median. In 2023, the highest total compensation at MARKET LUBBOCK ECONOMIC DEVELOPMENT CORPORATION equaled 1% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.
What are MARKET LUBBOCK ECONOMIC DEVELOPMENT CORPORATION's revenue and expenses?
In 2023, MARKET LUBBOCK ECONOMIC DEVELOPMENT CORPORATION reported $9.4M in total revenue and $9.2M in total expenses on its IRS Form 990.
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