2026-03-26T11:22:47-05:00 2025-06-30 390859910 BAKER TILLY ADVISORY GROUP LP 6565 AMERICAS PARKWAY NE STE 600 ALBUQUERQUE NM 87110 990 2024-07-01 850459211 LOBO ENERGY INCORPORATED LOBO 5052727118 800 BRADBURY DR SE 216 ALBUQUERQUE NM 871064310 JASON STRAUSS PRESIDENT/CEO 5052727118 2026-03-25 1 1 STEVEN TALBOT P01695427 5058787200 2026-03-25 2024 2025-03-06 01:10:19Z JASON STRAUSS 800 BRADBURY DR SE 216 ALBUQUERQUE NM 871064310 2043764 0 X LEI.UNM.EDU X 1998 NM LOBO ENERGY, INC., IS ORGANIZED TO SUPPORT THE UNIVERSITY OF NEW MEXICO FOR THE PURPOSES OF GENERALLY PROVIDING CONTRACTUAL SERVICES, INCLUDING FINANCING, OPERATING, IMPROVING, AND EXPANDING THE UNIVERSITY'S UTILITIES SERVICES INFRASTRUCTURE, AND FOR ALL OTHER PURPOSES PERMITTED UNDER THE UNIVERSITY RESEARCH PARK AND ECONOMIC DEVELOPMENT ACT (CHAPTER 21, ARTICLE 28 NMSA 1978). THE PURPOSES STATED ARE LIMITED TO THOSE PURPOSES THAT COME WITHIN THE MEANING OF AND COMPLY WITH SECTION 501(C)(3) OF THE CODE OR WITH CORRESPONDING PROVISIONS OF ANY FUTURE UNITED STATES INTERNAL REVENUE CODE. 9 4 7 4 0 0 0 0 1032000 1832235 4852 211529 0 0 1036852 2043764 0 0 0 0 901082 911069 0 0 0 317579 688497 1218661 1599566 -181809 444198 386832 8099772 89331 7358073 297501 741699 X LOBO ENERGY, INC. MAY PROVIDE ASSISTANCE TO THE UNIVERSITY, AS REQUESTED, FOR MANAGEMENT AND SUPERVISION OF THE PLANNING, DESIGN, ENGINEERING, CONTRACTING, ENERGY-CONSERVATION, AND COMMISSIONING SERVICES FOR ASSIGNED PROJECTS; PROCUREMENT OF EQUIPMENT AND SERVICES IN THE COURSE OF IMPLEMENTING THE PROJECTS; AND REVIEW OF REGULATORY ISSUES WHILE MONITORING LONG-TERM TECHNOLOGICAL INNOVATION AND SUSTAINABLE PRACTICES. 0 0 1272520 1832235 LOBO ENERGY, INC. WAS FORMED BY THE REGENTS OF THE UNIVERSITY OF NEW MEXICO IN 1998 TO MANAGE THE UPGRADE OF THE UTILITY INFRASTRUCTURE AND PROVIDE UTILITY MANAGEMENT SERVICES TO UNM. LOBO ENERGY HAS UPGRADED THE INFRASTRUCTURE AND HAS IMPLEMENTED AND IS OVERSEEING AN EXTENSIVE ENERGY CONSERVATION PROGRAM ON THE CAMPUS. 1272520 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 4 0 1 7 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 4 1 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X JULIE ALBERTI 5052727118 800 BRADBURY DR SE SUITE 216 ALBUQUERQUE NM 871064310 GARNETT STOKES DIRECTOR 1.00 40.00 X 0 625081 158267 ROBERT GONZALEZ DIRECTOR 1.00 40.00 X 0 253520 51826 BRUNO E CARRARA DIRECTOR, VICE CHAIR 1.00 X 0 0 0 THOMAS J RUIZ DIRECTOR 1.00 X 0 0 0 JON WORD DIRECTOR 1.00 X 0 0 0 TERESA COSTANTINIDIS DIRECTOR/BOARD CHAIR 1.00 40.00 X 0 346805 134689 JASON STRAUSS PRESIDENT/CEO 40.00 X X 182175 0 50483 JACK FORTNER DIRECTOR 1.00 1.00 X 0 0 0 MICHAEL CHICARELLI DIRECTOR 1.00 40.00 X 0 664109 120392 ALFRED SENA VICE PRESIDENT (THRU 1/31/25) 5.00 40.00 X 0 152157 49397 MATTHEW CHERRIN VICE PRESIDENT 40.00 X 110221 0 35738 JULIE ALBERTI CFO 20.00 X 64287 0 11537 356683 2041672 612329 2 0 1 0 0 OTHER MANAGEMENT SERVI 221000 1328622 1328622 UTILITIES MANAGEMENT S 221000 480000 480000 ENERGY REBATES 221000 23613 23613 1832235 211529 211529 2043764 1832235 0 211529 486921 284101 202820 313145 313145 42817 42817 6294 6294 61892 52554 9338 57484 57484 40004 40004 8400 6000 2400 17831 8965 8866 67100 66149 951 11376 6193 5183 350734 350734 NMAREA - UTILITY REGULA 135568 135568 1599566 1272520 327046 0 242124 765187 73723 1452975 10944 10944 60041 6599 6529078 665011 0 5864067 386832 8099772 89331 577259 6780814 89331 7358073 X 297501 741699 297501 741699 386832 8099772 444198 0 X 0 1 X 1 0 X X 1 THE UNIVERSITY OF NEW MEXICO 856000642 6 1 0 1272520 1 0 1272520 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 PART I, LINE 12G, COL. (VI) THE $1,272,520 IN NON-MONETARY SUPPORT PROVIDED TO THE SUPPORTED ORGANIZATION REPRESENTS THE SERVICES THAT LOBO ENERGY PROVIDED TO THE UNIVERSITY OF NEW MEXICO FOR UTILITY INFRASTRUCTURE AND UTILITY MANAGEMENT SERVICES. PART IV- SUPPORTING ORGANIZATIONS, LINE 2 EXPLANATION THE ORGANIZATION SUPPORTS A STATE UNIVERSITY, WHICH IS NOT REQUIRED TO OBTAIN RECOGNITION OF ITS PUBLIC CHARITY STATUS. 6529078 665011 5864067 5864067 2043764 0 2043764 0 2043764 1599566 0 1599566 0 1599566 X 1 1 X X 0 0 0 0 0 0 0 1 0 MICHAEL CHICARELLI DIRECTOR 0 662377 0 0 0 1732 0 108287 0 12105 0 784501 0 0 GARNETT STOKES DIRECTOR 0 625081 0 0 0 0 0 157979 0 288 0 783348 0 0 TERESA COSTANTINIDIS DIRECTOR/BOARD CHAIR 0 346805 0 0 0 0 0 123979 0 10710 0 481494 0 0 ROBERT GONZALEZ DIRECTOR 0 253417 0 0 0 103 0 46544 0 5282 0 305346 0 0 JASON STRAUSS PRESIDENT/CEO 171575 0 10600 0 0 0 28894 0 21589 0 232658 0 0 0 ALFRED SENA VICE PRESIDENT (THRU 1/31/25) 0 152054 0 0 0 103 0 30259 0 19138 0 201554 0 0 PART I, LINE 1A LOBO ENERGY, INCORPORATED OFFERS A GYM MEMBERSHIP AS A TAXABLE BENEFIT TO ALL ITS EMPLOYEES. PART I, LINE 7 BONUS WAS PAID TO THE PRESIDENT/CEO FOR REACHING ORGANIZATIONAL GOALS. A LOBO ENERGY INCORPORATED 850459211 000000000 2024-07-02 3006442 EQUIPMENT LEASE PURCHASE AGREEMENT FOR ENERGY EFFICIENCY IMPROVEMENTS 0 0 0 A 3006442 43050 2024 0 0 1 1 A 0 0 0 0 0 0 1 A 0 0 0 1 0 0 0 0 1 A 1 FORM 990, PART VI, SECTION A, LINE 2 THE FILING ORGANIZATION IS A BLENDED COMPONENT UNIT OF THE UNIVERSITY OF NEW MEXICO (UNM). THE FOLLOWING OFFICERS AND DIRECTORS HAVE A BUSINESS RELATIONSHIP WITH ONE ANOTHER BY VIRTUE OF THEIR POSITIONS AS DIRECTORS OR EMPLOYEES OF RELATED ENTITIES WITHIN THE UNM SYSTEM: GARNETT S. STOKES, PRESIDENT OF UNM MICHAEL CHICARELLI, CHIEF OPERATING OFFICER OF UNIVERSITY OF NEW MEXICO HOSPITAL ROBERT GONZALEZ, DEAN, UNM SCHOOL OF ARCHITECTURE AND PLANNING TERESA COSTANTINIDIS, EXECUTIVE VICE PRESIDENT FOR FINANCE AND ADMINISTRATION AT UNM JACK FORTNER, UNM REGENT FORM 990, PART VI, SECTION A, LINE 6 THE BOARD OF REGENTS OF THE UNIVERSITY OF NEW MEXICO, A NEW MEXICO PUBLIC CORPORATION, IS THE ONLY MEMBER OF LOBO ENERGY, INC. (LEI). FORM 990, PART VI, SECTION A, LINE 7A THERE ARE AT LEAST 2 PUBLIC MEMBERS OF THE BOARD OF DIRECTORS OF LOBO ENERGY, INC. (LEI). THE PUBLIC MEMBERS SHALL BE APPOINTED BY THE BOARD OF REGENTS OF THE UNIVERSITY OF NEW MEXICO, THE SOLE MEMBER OF LOBO ENERGY INC. FORM 990, PART VI, SECTION A, LINE 7B THE BOARD OF REGENTS OF THE UNIVERSITY OF NEW MEXICO MAY REVIEW AND/OR APPROVE SOME DECISIONS MADE BY THE BOARD OF DIRECTORS OF LOBO ENERGY, INC. THE REGENTS OF THE UNIVERSITY OF NEW MEXICO ARE APPOINTED POSITIONS, AND THEY HAVE FIDUCIARY RESPONSIBILITY FOR THE ASSETS AND PROGRAMS OF THE UNIVERSITY. FORM 990, PART VI, SECTION B, LINE 11B THE SECRETARY/TREASURER REVIEWS THE INFORMATION ON THE TAX RETURN FOR COMPLETENESS AND ACCURACY. THEN, A DRAFT COPY OF THE 990 WILL BE GIVEN TO THE BOARD OF DIRECTORS FOR REVIEW AND APPROVAL PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C IF A POTENTIAL OR ACTUAL CONFLICT ARISES DURING ANY YEAR, BOARD MEMBERS ARE TO REPORT THE CONFLICT TO THE BOARD AT THE TIME IT OCCURS. THE PARTICULAR DIRECTOR DOES NOT ENGAGE IN DISCUSSION OR VOTE CONCERNING BUSINESS RELATED TO THAT CONFLICT. DIRECTORS AND OFFICERS ARE ASKED TO SIGN AFFIRMATIONS ON AN ANNUAL BASIS TO AFFIRM TO THE BOARD THAT THEY HAVE NO CONFLICT OF INTEREST OR TO DISCLOSE A POTENTIAL CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 A PRESIDENTIAL COMPENSATION COMMITTEE DELIBERATES ON AND APPROVES THE COMPENSATION FOR THE PRESIDENT/CEO OF LOBO ENERGY, INC. THE COMMITTEE CONSISTS OF THE BOARD CHAIR, VICE CHAIR, THE UNIVERSITY OF NEW MEXICO (UNM) EXECUTIVE VICE PRESIDENT FOR FINANCE AND ADMINISTRATION, AND A BOARD MEMBER NOT EMPLOYED BY UNM OR LOBO ENERGY. THE PRESIDENT/CEO DETERMINES THE COMPENSATION FOR OTHER OFFICERS AND KEY EMPLOYEES. COMPENSATION IS IN LINE WITH SIMILAR POSITIONS AT UNM. ALL DELIBERATIONS AND DECISIONS ARE CONTEMPORANEOUSLY DOCUMENTED. FORM 990, PART VI, SECTION C, LINE 19 INTERESTED PARTIES MAY REQUEST COPIES OF THE GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND CONFLICT OF INTEREST POLICY FROM THE ORGANIZATION'S OFFICE. UNIVERSITY OF NEW MEXICO 1 UNIVERSITY OF NEW MEXICO ALBUQUERQUE NM 87131 856000642 HIGHER EDUCATION NM 115 UNIVERSITY OF NEW MEXICO BOARD OF REGENTS 0 LOBO DEVELOPMENT CORPORATION 801 UNIVERSITY BLVD ALBUQUERQUE NM 87106 421759020 REAL ESTATE NM 501(C)(3) LINE 12A, I UNIVERSITY OF NEW MEXICO BOARD OF REGENTS 0 UNIVERSITY OF NEW MEXICO MEDICAL GROUP 933 BRADBURY DRIVE SE ALBUQUERQUE NM 87106 208488778 HEALTHCARE NM 501(C)(3) LINE 10 UNIVERSITY OF NEW MEXICO BOARD OF REGENTS 0 UNM SANDOVAL REGIONAL MEDICAL CENTER INC 934 BRADBURY DRIVE SE ALBUQUERQUE NM 87106 271368727 HEALTHCARE NM 501(C)(3) LINE 10 UNIVERSITY OF NEW MEXICO BOARD OF REGENTS 0 UNM RAINFOREST INNOVATIONS 101 BROADWAY BLVD NE SUITE 1100 ALBUQUERQUE NM 87102 850413634 RESEARCH NM 501(C)(3) LINE 12A, I UNIVERSITY OF NEW MEXICO BOARD OF REGENTS 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1