2026-07-23T08:17:36-05:00 2025-09-30 750882037 BOLINGER SEGARS GILBERT AND MOSS LLP 8215 NASHVILLE AVENUE LUBBOCK TX 79423 990 2024-10-01 752621353 MARKET LUBBOCK ECONOMIC DEVELOPMENT CORPORATION MARK 8067494500 1500 BROADWAY 600 LUBBOCK TX 79401 M'LYN HEFNER CFO 8067494500 2026-07-02 1 0 MATT R WILLIS P00419741 8067473806 2026-07-02 X 2024 2025-03-06 01:10:19Z JOHN OSBORNE 1500 BROADWAY 600 LUBBOCK TX 79401 9234926 0 X WWW.VISITLUBBOCK.ORG X 1995 TX 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. 10 10 26 10 0 0 8947622 8712290 21953 14125 469796 508511 0 0 9439371 9234926 3093748 3550140 0 0 1447521 1495232 0 0 0 4679788 4704362 9221057 9749734 218314 -514808 12675101 13446245 981916 2357769 11693185 11088476 X 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. 0 0 8213136 3550140 14125 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. 8213136 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 16 0 26 1 0 0 0 0 0 0 0 0 0 0 X 10 10 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X M'LYN HEFNER 8067238228 1500 BROADWAY STE 600 LUBBOCK TX 79401 JAMES CONWRIGHT CHAIRMAN 2.00 2.00 X X 0 0 0 SARAH BEVERS VICE CHAIRMAN 1.00 1.00 X X 0 0 0 JORDAN WHEATLEY DIRECTOR 1.00 1.00 X 0 0 0 MONT MCCLENDON DIRECTOR 1.00 1.00 X 0 0 0 HENRY PATEL DIRECTOR 1.00 1.00 X 0 0 0 SONNY GARZA DIRECTOR 1.00 1.00 X 0 0 0 BLAKE WOMBLE DIRECTOR 1.00 1.00 X 0 0 0 MELISSA COLLIER DIRECTOR 1.00 1.00 X 0 0 0 ROBERT TAYLOR DIRECTOR 1.00 1.00 X 0 0 0 LORI RICE-SPEARMAN DIRECTOR 1.00 1.00 X 0 0 0 JOHN OSBORNE CEO 20.00 20.00 X 0 405702 54406 JANA JOHNSTON CFO/COO 20.00 20.00 X 0 226160 12863 M'LYN HEFNER CFO 20.00 20.00 X 0 10974 0 CHRISTINE ALLEN VICE PRESIDENT 20.00 20.00 X 0 152339 25288 CAROLYN ROWLEY DIRECTOR OF BUSINESS RETENTION 20.00 20.00 X 0 149286 28845 CHRIS RANKIN DIRECTOR OF BUSINESS DEVELOPMENT 20.00 20.00 X 0 126649 19984 JORGE QUIRINO DIRECTOR OF DOWNTOWN & SPE 20.00 20.00 X 0 130591 20131 ROBERT HARRISON DIRECTOR OF SPORTS 40.00 X 121929 0 13375 AMY ZIENTEK DIRECTOR OF COMMUNITY DEVELOPMENT AND MARKET INTEL 40.00 X 120219 0 15398 242148 1201701 190290 2 0 1 0 MADDEN MEDIA 345 EAST TOOLE AVE TUCSON AZ 85701 ADVERTISING/MARKETING 338496 AJR MEDIA GROUP 25132 OAKHURST SPRING TX 77386 ADVERTISING/MARKETING 195425 TEXAS MONTHLY PO BOX 73518 DALLAS TX 75373 ADVERTISING/MARKETING 133554 GEIGER & ASSOCIATES 1846 JURWIN CT TALLAHASSEE FL 32308 ADVERTISING/MARKETING 111606 4 8706290 6000 8712290 TICKET SALES 711300 8740 8740 PROMOTIONAL ITEMS 711300 5385 5385 14125 508511 508511 9234926 14125 0 508511 3550140 3550140 1290263 967697 322566 50631 37973 12658 84273 63205 21068 70065 52549 17516 34111 25583 8528 29548 22161 7387 1045 784 261 2183193 1637395 545798 87949 79262 8687 104495 78371 26124 689089 516817 172272 6243 4682 1561 649092 486819 162273 43807 43807 12521 9391 3130 INCENTIVES AND SPECIAL 811634 608725 202909 MISCELLANEOUS 51635 27775 23860 9749734 8213136 1536598 0 7101804 6639304 4267567 5037687 1124342 1148829 54774 47842 22740 591813 59531 46867 532282 79747 17561 12675101 13446245 114642 317838 867274 2039931 981916 2357769 X 0 0 0 0 11693185 11088476 11693185 11088476 12675101 13446245 X -514808 -89901 0 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 484633 8917 475716 48452 644 47808 58728 49970 8758 532282 1 ABERNATHY ISD 505 7TH STREET ABERNATHY TX 79311 756000001 GOV'T ENTITY 23578 0 TO ASSIST WITH EQUIPMENT NEEDS FOR HIGH DEMAND JOB TRAINING CLASSES ANTON ISD 100 ELLWOOD BLVD ANTON TX 79313 756000113 GOV'T ENTITY 40655 0 TO ASSIST WITH EQUIPMENT NEEDS FOR HIGH DEMAND JOB TRAINING CLASSES CHARLES ADAMS STUDIO PROJECT 602 AVE J LUBBOCK TX 79401 271238391 501 ( C ) 3 47482 0 TO ASSIST WITH COSTS OF BUILDING UPDATES AND RENOVATIONS. COTTON CENTER ISD 2345 FM 179 COTTON CENTER TX 79421 756000805 GOV'T ENTITY 25400 0 TO ASSIST WITH EQUIPMENT NEEDS FOR HIGH DEMAND JOB TRAINING CLASSES DJD REAL ESTATE LLC 1722 BROADWAY LUBBOCK TX 79401 384087574 N/A 125000 0 TO ASSIST WITH COSTS OF BUILDING UPDATES AND RENOVATIONS. ELIDA MORIN 3619 27TH ST LUBBOCK TX 79410 451068349 N/A 13032 0 TO ASSIST WITH COSTS OF BUILDING UPDATES AND RENOVATIONS. FRENSHIP ISD BOX 100 WOLFFORTH TX 79382 751363904 GOV'T ENTITY 16280 0 TO ASSIST WITH THE TEACHER EXTERNSHIP PROGRAM GOODWILL INDUSTRIES OF NW TEXAS 715 28TH ST LUBBOCK TX 79404 751245440 501 ( C ) 3 125000 0 TO ASSIST WITH PURCHASE OF PROPERTY AT 504 MLK BLVD HOUSTON REFUGEE RELIEF ORGANIZATION PO BOX 44261 PHOENIX AZ 85064 871313728 N/A 26534 0 TO ASSIST WITH COSTS OF BUILDING UPDATES AND RENOVATIONS. KING LAW PC 814 MAIN ST STE B LUBBOCK TX 79401 464804431 N/A 41448 0 TO ASSIST WITH COSTS OF BUILDING UPDATES AND RENOVATIONS. LANDLINES LLC 1106 MAIN STREET LUBBOCK TX 79401 932065329 N/A 18909 0 TO ASSIST WITH COSTS OF BUILDING UPDATES AND RENOVATIONS. LOCKNEY ISD 601 W POPLAR STREET LOCKNEY TX 79241 756001971 GOV'T ENTITY 19099 0 TO ASSIST WITH EQUIPMENT NEEDS FOR HIGH DEMAND JOB TRAINING CLASSES LUBBOCK CULTURAL ARTS FOUNDATION 1500 BROADWAY SUITE 600 LUBBOCK TX 79401 208957025 501( C )( 3) 75000 0 TO ASSIST WITH GENERAL NEEDS OF ORGANIZATION. LUBBOCK ECONOMIC DEVELOPMENT ALLIANCE 1500 BROADWAY SUITE 600 LUBBOCK TX 79401 900183669 501( C )( 4) 1000000 0 TO ASSIST WITH BUSINESS DEVELOPMENT IN THE COMMUNITY LUBBOCK ISD 1628 19TH STREET LUBBOCK TX 79401 756001989 GOV'T ENTITY 10430 0 TO ASSIST WITH EQUIPMENT NEEDS FOR HIGH DEMAND JOB TRAINING CLASSES MEADOW ISD 604 4TH STREET MEADOW TX 79345 756002041 GOV'T ENTITY 14185 0 TO ASSIST WITH EQUIPMENT NEEDS FOR HIGH DEMAND JOB TRAINING CLASSES MIXED NUTZ LEASING 1941 TEXAS AVE LUBBOCK TX 79411 844226779 N/A 25000 0 TO ASSIST WITH COSTS OF BUILDING UPDATES AND RENOVATIONS. MORTON ISD 500 CHAMPION DRIVE MORTON TX 79346 750002098 GOV'T ENTITY 61507 0 TO ASSIST WITH EQUIPMENT NEEDS FOR HIGH DEMAND JOB TRAINING CLASSES OLTON ISD 701 6TH STREET OLTON TX 79064 756002166 GOV'T ENTITY 14548 0 TO ASSIST WITH COSTS OF BUILDING UPDATES AND RENOVATIONS. PAT KELLY PROPERTIES 1105 MAIN STREET LUBBOCK TX 79401 261536717 N/A 18094 0 TO ASSIST WITH COSTS OF BUILDING UPDATES AND RENOVATIONS. Q-505 LLC 119 S IRVING SAN ANGELO TX 76903 461302774 N/A 25000 0 TO ASSIST WITH COSTS OF BUILDING UPDATES AND RENOVATIONS. ROOSEVELT ISD 1406 COUNTY RD 3300 LUBBOCK TX 79403 751361341 GOV'T ENTITY 18762 0 TO ASSIST WITH EQUIPMENT NEEDS FOR HIGH DEMAND JOB TRAINING CLASSES BEARD FAMILY ENTERPRISES LLC DBA SHIFT AUTOMOTIVE GROUP 3013 34TH ST LUBBOCK TX 79410 822656908 N/A 156250 0 TO ASSIST WITH COSTS OF BUILDING UPDATES AND RENOVATIONS. SPADE FARMS INC 1107 AVE K LUBBOCK TX 79401 750936468 N/A 27495 0 TO ASSIST WITH COSTS OF BUILDING UPDATES AND RENOVATIONS. SPUR ISD 800 N WILLIAMS SPUR TX 79370 756002501 GOV'T ENTITY 44834 0 TO ASSIST WITH EQUIPMENT NEEDS FOR HIGH DEMAND JOB TRAINING CLASSES TAHOKA ISD 2129 N MAIN ST TAHOKA TX 79373 756002558 GOV'T ENTITY 21768 0 TO ASSIST WITH EQUIPMENT NEEDS FOR HIGH DEMAND JOB TRAINING CLASSES TEXAS TECH UNIVERSITY PO BOX 41010 LUBBOCK TX 794091010 756000590 501 ( C ) 3 650000 0 TO HELP FUND THE SCHOOL'S INNOVATION AND RESEARCH PARK AND FIRST YEAR SUPPORT FOR ENTREPRENEURIALISM TEXAS TECH HEALTH SCIENCES CENTER 3601 4TH STREET STOP 6298 LUBBOCK TX 79430 756002622 501 ( C ) 3 18777 0 TO ASSIST WITH HEALTHCARE SIMULATION EQUIPMENT THE ROLLING STONES ICE CREAM TRUCK LLC 3501 CR 7660 LUBBOCK TX 79423 932121033 N/A 27345 0 TO ASSIST WITH COSTS OF BUILDING UPDATES AND RENOVATIONS. VVC MANAGEMENT 1101 S CAPITAL OF TX HWY BLD K 150 AUSTIN TX 78746 271227579 N/A 18700 0 TO ASSIST WITH COSTS OF BUILDING UPDATES AND RENOVATIONS. WEST TEXAS SERVICES INC 5104 34TH ST LUBBOCK TX 79410 751224222 501 ( C ) 3 26155 0 TO ASSIST WITH COSTS OF BUILDING UPDATES AND RENOVATIONS. WILSON ISD 1411 GREEN AVE WILSON TX 79381 756002787 GOV'T ENTITY 26877 0 TO ASSIST WITH EQUIPMENT NEEDS FOR HIGH DEMAND JOB TRAINING CLASSES WOODBERRY INVESTMENTS LLC 2619 34TH STREET 2 LUBBOCK TX 79410 871028593 N/A 49025 0 TO ASSIST WITH COSTS OF BUILDING UPDATES AND RENOVATIONS. 20 13 PART I, LINE 2: GRANTS FOR JOB CREATION ARE NOT PAID UNTIL AFTER THE JOBS HAVE BEEN CREATED. CAPITAL INVESTMENT GRANTS ARE NOT PAID UNTIL AFTER THE ASSET IS COMPLETED AND A CERTIFICATE OF OCCUPANCY HAS BEEN AQUIRED. INDEPENDENT ACCOUNTANTS VERIFY THAT ALL OF THE REQUIREMENTS OF THE GRANT HAVE BEEN MET AND REPORT BACK TO MLI ON THEIR FINDINGS BEFORE ANY FUNDS ARE DISBURSED. DOWNTOWN AND EAST LUBBOCK GRANTS ARE REIMBURSEMENT GRANTS AND ARE PAID AFTER THE GRANTEE HAS SUBMITTED COPIES OF INVOICES AND PROOF OF PAYMENT. ALL SUBMITTED INVOICES AND PROOF OF PAYMENT DOCUMENTATION IS VERIFIED BY THE DIRECTOR OF DOWNTOWN DEVELOPMENT AND THE ACCOUNTING DEPARTMENT. GRANTS TO TEXAS TECH AND THE CITY OF LUBBOCK ARE PAID ACCORDING TO CONTRACT AND ONLY AFTER VERIFICATION THAT THE TERMS OF THE CONTRACT HAVE BEEN MET. 0 0 0 0 0 0 0 0 0 JOHN OSBORNE CEO 0 317510 0 73792 0 14400 0 16427 0 37979 0 460108 0 0 JANA JOHNSTON CFO/COO 0 189390 0 26749 0 10021 0 10807 0 2056 0 239023 0 0 CAROLYN ROWLEY DIRECTOR OF BUSINESS RETENTION 0 149286 0 0 0 0 0 7464 0 21381 0 178131 0 0 CHRISTINE ALLEN VICE PRESIDENT 0 134730 0 17609 0 0 0 7617 0 17671 0 177627 0 0 JORGE QUIRINO DIRECTOR OF DOWNTOWN & SPE 0 130591 0 0 0 0 0 6530 0 13601 0 150722 0 0 FORM 990, PART VI, SECTION A, LINE 3 MARKET LUBBOCK ECONOMIC DEVELOPMENT CORP "MARKET LUBBOCK" HAS A MANAGEMENT AGREEMENT WITH LUBBOCK ECONOMIC DEVELOPMENT ALLIANCE FOR THE OFFICER EMPLOYEES OF THAT ORGANIZATION TO MANAGE THE DAY TO DAY OPERATIONS OF MARKET LUBBOCK. MARKET LUBBOCK CORP AND LUBBOCK ECONOMIC DEVELOPMENT ALLIANCE ARE RELATED ORGANIZATIONS CREATED BY THE CITY OF LUBBOCK TO FACILITATE ECONOMIC DEVELOPMENT. FORM 990, PART VI, SECTION B, LINE 11B THE REVIEW OF THE FORM 990 WAS PERFORMED BY THE BOARD DURING THE BOARD MEETING IMMEDIATELY PRECEDING THE FILING OF THE FORM 990. THE PRESENTATION OF THE FORM 990 REVIEW WAS MADE BY CFO M'LYN HEFNER. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS DISTRIBUTED TO THE BOARD OF DIRECTORS AT THE FIRST MEETING OF THE YEAR. IT HAS A SIGNATURE LINE ON THE BOTTOM OF THE FORM FOR THE DIRECTOR TO SIGN AND DATE INDICATING THAT THEY HAVE READ AND AGREE TO THE POLICY. AS A PART OF THE PROCEDURE THERE IS AN ACCOMPANYING CONFLICT OF INTEREST QUESTIONNAIRE ON WHICH THE BOARD MEMBERS LIST ANY POTENTIAL CONFLICTS. BOTH DOCUMENTS ARE COLLECTED AND MAINTAINED BY THE CFO OF LEDA AND ARE UPDATED EACH YEAR. FINALLY, THE POLICY PROVIDES THAT A BOARD MEMBER MAY NOTIFY THE CHAIRMAN OF THE BOARD WHEN HE/SHE BECOMES AWARE OF A POTENTIAL CONFLICT DURING THE COURSE OF THE YEAR. FORM 990, PART VI, SECTION B, LINE 15 MARKET LUBBOCK'S MANAGEMENT IS PROVIDED BY LUBBOCK ECONOMIC DEVELOPMENT ALLIANCE. MARKET LUBBOCK DOES NOT HAVE ANY OFFICER EMPLOYEES OR MANAGEMENT OFFICIALS EMPLOYED DIRECTLY BY MARKET LUBBOCK. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE FOR VIEWING AT THE ORGANIZATION'S OFFICE AT 1500 BROADWAY ST, STE 600; LUBBOCK, TX. FORM 990, PAGE 12, PART XII, LINE 2C THE BOARD OF DIRECTORS HAVE ASSIGNED MEMBERS TO AN AUDIT COMMITTEE TO OVERSEE THE FINANCIAL STATEMENT AUDIT AND SELECT THE INDEPENDENT FINANCIAL STATEMENT AUDITOR. FORM 990, PAGE 12, PART XI, LINE 8 PRIOR PERIOD ADJUSTMENT: TO IMPLEMENT GASB STATEMENT NO. 101 FOR ACCRUING COMPENSATED ABSENCES RELATED TO PAID TIME OFF EARNED THAT HAS NOT BEEN USED. LUBBOCK ECONOMIC DEVELOPMENT ALLIANCE 1500 BROADWAY STE 600 LUBBOCK TX 79401 900183669 ECONOMIC DEVELOPMENT TX 501(C)(4) N/A CITY OF LUBBOCK 0 LUBBOCK EXPERIENCE INC 1500 BROADWAY STE 600 LUBBOCK TX 79401 208957025 ECONOMIC DEVELOPMENT TX 501(C)(3) LINE 7 CITY OF LUBBOCK 0 MLI INTERNATIONAL CONSULTING INC 1500 BROADWAY STE 600 LUBBOCK TX 79401 205169619 ECONOMIC DEVELOPMENT TX MARKET LUBBOCK ECONOMIC DEVELOPMENT CORP C 17500 303 1.00000 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 LUBBOCK ECONOMIC DEVELOPMENT ALLIANCE O 368615 COST PER BOOKS LUBBOCK ECONOMIC DEVELOPMENT ALLIANCE B 1000000 COST PER BOOKS