Market Lubbock Economic Development Corporation
Public records raise at least one point you should look into before giving.
What it says it does
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.
- Income
- $9.2 million
- Spending
- $9.7 million
- Employees
- 26
- Volunteers
- 10
- Highest pay
- $460,108, ceo
Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. How we rate
Financial health
We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.
Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. How we rate
Governance
This return does not answer enough of the governance questions to score.
Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $8.2 million spent. IN 2024-2025, MARKET LUBBOCK, INC. CONTINUED THEIR DECADES-LONG WORK, IN PARTNERSHIP WITH THE CITY OF LUBBOCK, TO STIMULATE PRIVATE INVESTMENT IN EAST, NORTH, AND DOWNTOWN LUBBOCK. LUBBOCK IS COMMITMENT TO CREATING A VIBRANT DOWNTOWN WHICH IS CRUCIAL FOR ATTRACTING AND RETAINING A DYNAMIC FUTURE WORKFORCE. MARKET LUBBOCK INCREASED ITS EFFORTS TO INCREASE AWARENESS OF LUBBOCK AS A GREAT PLACE TO WORK, LIVE AND PLAY THROUGH TARGETED MARKETING EFFORTS AND PARTNERSHIP WITH TEXAS TECH UNIVERSITY THROUGH THE EFFORTS SUCH AS THE TTU INNOVATION HUB. MARKET LUBBOCK IS PROUD TO PARTNER WITH TEXAS TECH UNIVERSITY TO PROVIDE ASSISTANCE FOR 10 PROGRAMS TO FURTHER INNOVATION AND ENTREPRENEURSHIP. THE PROJECTS CONDUCTED AT THE HUB ARE CRUCIAL TO ENSURING A PROGRESSIVE AND DIVERSE BUSINESS CLIMATE IN LUBBOCK. FROM ACCELERATION TO IDEATION, ENTREPRENEURS, RESEARCHERS AND COMMUNITY MEMBERS ARE PROVIDED THE EDUCATION, MENTORSHIP AND RESOURCES TO FOSTER AN ENVIRONMENT OF SUCCESS. VISIT LUBBOCK, THROUGH THE CONVENTION AND VISITORS BUREAU AND LUBBOCK SPORTS, CONTRACTED WITH MEETING PLANNERS, CONVENTION ORGANIZERS AND SPORTS EVENT ORGANIZERS TO BRING CONVENTIONS AND EVENTS TO LUBBOCK, PRODUCING A STRONG ECONOMIC IMPACT TO OUR COMMUNITY BY BRINGING VISITORS TO STAY IN HOTELS, EAT AT RESTAURANTS, AND SHOP AT LUBBOCK BUSINESSES. DURING 2024-2025, VISIT LUBBOCK WAS NAMED DESTINATION MARKETING ORGANIZATION OF THE YEAR BY DESTINATIONS TEXAS AND DESIGNATED A TOURISM FRIENDLY COMMUNITY BY THE GOVERNOR'S OFFICE OF ECONOMIC DEVELOPMENT AND TOURISM. LUBBOCK SPORTS GENERATED 145,000 ROOM NIGHTS, MAKING A SIGNIFICANT ECONOMIC IMPACT TO THE CITY OF LUBBOCK.
Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(4) social welfare organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Caution.
The IRS master file records contributions to this 501(c)(4) social welfare organization as not deductible.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending September 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since April 1999.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.