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MARKET LUBBOCK ECONOMIC DEVELOPMENT CORPORATION

LUBBOCK, Texas, 79401

EIN: 75-2621353

Community Improvement, Capacity Building

DEMOGRAPHIC

ADDRESS
1500 BROADWAY STE 600
79401
COUNTY
lubbock county, TX

ORGANIZATIONAL OVERVIEW & RANKINGS

MARKET LUBBOCK ECONOMIC DEVELOPMENT CORPORATION is a based in LUBBOCK, TX, focused on Community Improvement, Capacity Building causes , specifically Economic Development. Established in April 1999, it operates as an independent corporation and contributions are not tax-deductible .

With total assets of $12,882,396.00, this ranks 49,489 among 2,656,690 nonprofits nationally (Top 2%), demonstrating exceptional financial capacity relative to its peers. At the state level, it stands at 2,988 out of 202,022 organizations in TX (Top 2%).

In lubbock county, TX, the organization ranks 41 out of 2,163 nonprofits by assets (Top 2%), while locally in lubbock, it stands at 40 among 1,995 organizations (Top 2%).

The organization reported annual revenue of $10,379,213.00, ranking 29,292 nationally (Top 2%) and 1,513 in TX (Top 1%).

Within its specific NTEE classification (S30 - S: Community Improvement, Capacity Building), which includes 4,887 similar organizations, MARKET LUBBOCK ECONOMIC DEVELOPMENT CORPORATION ranks 123 in assets (Top 3%) and 43 in revenue (Top 1%).

The organization files a 990 (all other) or 990EZ return and operates on a August fiscal year.

CLASSIFICATION

ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
2: Contributions are not deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
Area development redevelopment of renewal
NTEE COMMON CODE
S: Community Improvement, Capacity Building
NTEE CODE
S30: Economic Development
FOUNDATION CODE
N/A
EXEMPT ORGANIZATION STATUS CODE
N/A

FINANCIALS

TAX PERIOD
09/2023
ACCOUNTING PERIOD
09
INCOME CODE
8: $10,000,000 to $49,999,999
INCOME AMOUNT
$10,381,737.00
FORM 990 REVENUE AMOUNT
$10,379,213.00
RULING DATE
04/1999
ASSET CODE
8: $10,000,000 to $49,999,999
ASSET AMOUNT
$12,882,396.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
PF FILING REQUIREMENT CODE
No 990-PF return

Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.

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