Lubbock Economic Development Alliance Inc
Public records raise at least one point you should look into before giving.
What it says it does
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.
- Income
- $16.6 million
- Spending
- $7.0 million
- Employees
- 14
- 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)
- $6.5 million spent. LEDA CONTINUED TO EXPERIENCE A TREMENDOUS AMOUNT OF INTEREST FROM COMPANIES ACROSS THE COUNTRY. LEPRINO FOODS OPENED THEIR $1 BILLION+ CHEESE MANUFACTURING FACILITY EMPLOYING OVER 600 INDIVIDUALS IN LUBBOCK. THIS PROJECT IS THE SINGLE LARGEST PRIVATE CAPITAL INVESTMENT IN THE HISTORY OF LUBBOCK. THE SELECTION OF LUBBOCK FOR THIS AND OTHER COMPANIES HAS REQUIRED LEDA TO EXTEND THE ROADS AND UTILITIES IN EAST AND NORTH LUBBOCK TO SUPPORT THE GROWTH OF THE LUBBOCK ECONOMY IN THAT AREA OF THE CITY. IN ADDITION TO THIS FOOD PRODUCTION COMPANY LOCATED IN EAST LUBBOCK, LEDA ASSISTS WITH THE EXPANSION OF LOCAL BUSINESSES ACROSS THE CITY. DURING 2024-2025, LEDA ASSISTED LUBBOCK IN ACHIEVING THE DESIGNATION OF A 4.2-MILE SEGMENT OF U.S. 87 AS PART OF I-27, WHICH ADVANCES THE PORTS-TO-PLAINS CORRIDOR AND STRENGTHENS LUBBOCK'S ROLE IN REGIONAL TRANSPORTATION AND SUPPORTING FUTURE ECONOMIC GROWTH. LEDA ALSO PARTNERS WITH THE TEXAS TECH UNIVERSITY INNOVATION HUB ACCELERATOR TO ENCOURAGE ENTREPRENEURS TO GROW THEIR BUSINESS IDEAS IN LUBBOCK. DURING THE YEAR, LEDA NOMINATED THE CITY OF LUBBOCK FOR A TEDC WORKFORCE EXCELLENCE AWARD FOR ITS SUPPORT OF JOB TRAINING IN THE ELECTRICAL, PLUMBING AND HVAC TRADES AND THIS PROJECT WON IN ITS COMMUNITY POPULATION CATEGORY. THE LUBBOCK ECONOMIC DEVELOPMENT ALLIANCE (LEDA) PARTNERED WITH THE CITY OF LUBBOCK TO ADMINISTER JOB TRAINING ACTIVITIES WITH THE CITY'S AMERICAN RESCUE ACT PLAN (ARPA) FUNDS. OVER 100 INDIVIDUALS (STUDENTS, EMPLOYEES AND EMPLOYERS) WERE SUPPORTED AND POSITIVELY IMPACTED BY THESE PROGRAMS IN 2024. THESE ARE INDIVIDUALS THAT LIVE IN THE LUBBOCK COMMUNITY AND WILL USE THE SKILLS THEY ACQUIRED TO INCREASE THE NUMBER OF ELECTRICIANS, PLUMBERS AND HVAC WORKERS IN LUBBOCK'S TALENT POOL. INTEREST IN BUSINESS EXPANSION TO LUBBOCK REMAINS STRONG AND THE LEDA SALES TEAM CONTINUES TO MEET WITH NATIONAL AND INTERNATIONAL COMPANIES TO CONSIDER EXPANSION INTO THE LUBBOCK MARKET. LEDA AND LUBBOCK ARE POISED TO MAKE SIGNIFICANT STRIDES IN SECURING A STRONG WORK ENVIRONMENT IN 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 January 2005.
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.