Lubbock Economic Development Alliance logo

Lubbock Economic Development Alliance

501(c)(4) organization Lubbock, TX EIN: 90-0183669 Website

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.

Lubbock Economic Development Alliance at a glance

In short: Lubbock Economic Development Alliance gave $713K across 6 grants in 2025 (avg $119K), mostly in California. Source: 2025 IRS Form 990.

Annual giving (2025)
$713,246
-90.4% vs 2024
Grants made (2025)
6
-53.8% vs 2024
Average grant
$118,874
-79.3% vs 2024
Median grant
$42,750
Total assets
$63,525,132
+12.9% vs 2024
Primary geography
California (78% of itemized 2025 grant dollars)
Latest 990 filing
Form 990, 2025 View filing

Data from IRS Form 990, 2025; updated September 2026.

How to apply to Lubbock Economic Development Alliance

Who Lubbock Economic Development Alliance funds

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2025

Tropicale Foods: $554KTropicale Foods$554KSmyer ISD: $59KSmyer ISD$59KCorteva: $50KCorteva$50KTruenorth Steel Inc: $36KTruenorth Steel Inc$36KVulpes Group Holding Corporation: $9KVulpes Group HoldingCorporation$9KHydroflo Pumps USA Inc: $6KHydroflo Pumps USA Inc$6K

The largest 2025 recipient was Tropicale Foods ($554K). Together the top 6 received $713K.

Grant Size Distribution

63 grants across all recorded years

38<$50K9$50–100K6$100–250K2$250–500K4$500K–1M4$1–5M$5M+

The most common grant size was under $50K: 38 grants of 63 (60%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

8states

Share of 2025 grant dollars across all 6 itemized grants.

Cities

LubbockLevellandSt. LouisDenver CityFrenshipJohnstonMortonOltonSlatonSmyerSpurWhitharralAntonBrownfieldDallasDenverEarthFargoFort WorthIdalou

How Lubbock Economic Development Alliance gives

  • Giving fell 84% from 2022 to 2025. Method

From the foundation's IRS Form 990 filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$4M$6M$8M28 grants2019 28 grants2020 9 grants2021 20 grants2022 15 grants2023 13 grants2024 6 grants2025

From 2019 to 2025, annual grant giving ranged from $306K (2021) to $7.5M (2024). In 2025 it made 6 grants totaling $713K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Tropicale Foods Ontario, CAEconomic Development$554,000
Smyer ISD Smyer, TXEquipment Needs$58,746
Corteva Johnston, IAEconomic Development$50,000
Truenorth Steel Inc Fargo, NDEconomic Development$35,500
Vulpes Group Holding Corporation Lubbock, TXEconomic Development$9,000
Hydroflo Pumps USA Inc Cranston, RIEconomic Development$6,000
Your AI grants department

Ready to take the next step with Lubbock Economic Development Alliance?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2025$63,525,132$16,565,554$7,040,474$713,2466$4,489,382
2024$56,265,447$16,845,151$12,700,825$7,463,09313$1,371,276
2023$61,566,582$12,728,693$6,099,792$1,535,31415$869,831
2022$26,107,253$10,240,082$46,636,205$4,338,67520$92,136
2021$29,508,777$13,680,218$4,844,684$305,7599$3,830,975
2020$25,650,903$7,562,648$7,377,566$3,724,16228$323,232
2019$29,565,850$7,350,664$16,622,196$3,944,93828$402,061

About Lubbock Economic Development Alliance

Based on IRS filings

Lubbock Economic Development Alliance is a public charity focused on Community Improvement & Capacity Building, based in Lubbock, TX. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $63.5M in total assets. In 2025, it awarded 6 grants totaling $713K. Net investment income was $4.5M.

Leadership & Key People

Officers and directors from IRS filings

Lubbock Economic Development Alliance is led by John Osborne, CEO on every filing since 2019; 7 of 17 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • John Osborne

    CEO

    On filings since 2019

    20 hrs/week

    $302K (2019) → $406K (2025)

  • James Conwright

    Chairman

    Director → Vice Chairman, 2022

    Vice Chairman → Chairman, 2024

    On filings since 2021

    2 hrs/week

    No compensation reported

  • Carolyn Rowley

    Director of Business Retention

    Director of Business Retention → Director of Business Reten, 2024

    Director of Business Reten → Director of Business Retention, 2025

    On filings since 2019

    20 hrs/week

    $117K (2019) → $149K (2025)

  • Jorge Quirino

    Director of Downtown & Special Projects

    Director of Downtown & Special Projects → Director of Downtown & Spe, 2024

    Director of Downtown & Spe → Director of Downtown & Special Projects, 2025

    On filings since 2021

    20 hrs/week

    $104K (2021) → $131K (2025)

  • Chris Rankin

    Director of Business Development

    New on the 2025 filing

    20 hrs/week

    $127K (2025)

  • Henry Patel

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Sonny Garza

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Blake Womble

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Melissa Collier

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Lori Rice-Spearman

    Director

    On filings since 2024

    1 hr/week

    No compensation reported

  • Jordan Wheatley

    Director

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Mont McClendon

    Director

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Robert Taylor

    Director

    New on the 2025 filing

    2 hrs/week

    No compensation reported

  • Jana Johnston

    CFO & COO

    On filings since 2019

    20 hrs/week

    $158K (2019) → $226K (2025)

  • Christine Allen

    Vice President

    On filings since 2023

    20 hrs/week

    $127K (2023) → $152K (2025)

  • M'lyn Hefner

    CFO

    New on the 2025 filing

    20 hrs/week

    $11K (2025)

  • Sarah Bevers

    Vice Chairman

    Director → Vice Chairman, 2024

    On filings since 2023

    1 hr/week

    No compensation reported

Former officers (17)
  • Former: Brett Cate (2019–2024) — Director
  • Former: Chris Carpenter (2019–2024) — Director
  • Former: John Opperman (2019–2024) — Director
  • Former: Walter Cathey (2022–2024) — Director
  • Former: David Rushing (2023–2024) — Director of Recruitment
  • Former: Katherine White (2023–2024) — Director of Marketing
  • Former: Barry Orr (2019–2023) — Director
  • Former: Matthew Bumstead (2019–2023) — Director
  • Former: Suzann Kirby (2019–2023) — Director
  • Former: Kenny McKay (2019–2022) — Vice President
  • Former: Tonya Christine Allen (2019–2022) — Director of Workforce Development
  • Former: Regina Johnston (2019–2021) — Director
  • Former: Kevin Holzbog (2021) — Project Manager
  • Former: Calvin Davis (2019–2020) — Director
  • Former: Mark Griffin (2019–2020) — Vice Chairman
  • Former: Kristie Caviness (2020) — Director of Marketing & Communications
  • Former: Kristin Murray (2020) — Director

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

John Osborne — CEO: $406KJohn OsborneCEO$406KJana Johnston — CFO/COO: $226KJana JohnstonCFO/COO$226KChristine Allen — Vice President: $152KChristine AllenVice President$152KCarolyn Rowley — Director of Business Retention: $149KCarolyn RowleyDirector of Business Retention$149KJorge Quirino — Director of Downtown & Special Projects: $131KJorge QuirinoDirector of Downtown & Special…$131KChris Rankin — Director of Business Development: $127KChris RankinDirector of Business Development$127KM'lyn Hefner — CFO: $11KM'lyn HefnerCFO$11K

The highest reported compensation on the 2025 filing was $406K, to John Osborne (CEO). 7 officers or directors reported compensation on that filing.

Frequently asked questions about Lubbock Economic Development Alliance

How much does Lubbock Economic Development Alliance give each year?

Lubbock Economic Development Alliance gave $713K across 6 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $7.5M across 13 grants.

What is Lubbock Economic Development Alliance's typical grant size?

Lubbock Economic Development Alliance's median grant in 2025 was $42,750, and its average grant was $118,874, across 6 grants on its 2025 IRS Form 990.

Where does Lubbock Economic Development Alliance give grants?

Lubbock Economic Development Alliance gives mostly in California: 78% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The next largest states were Texas (9%) and Iowa (7%).

Does Lubbock Economic Development Alliance give general operating support?

Not in 2025: none of the 6 grants with a stated purpose on Lubbock Economic Development Alliance's 2025 IRS Form 990 were described as general or operating support. Recurring purposes include "Economic Development" (5 grants).

Who are Lubbock Economic Development Alliance's largest grantees?

Lubbock Economic Development Alliance's largest 2025 grantees include Tropicale Foods ($554,000), Smyer ISD ($58,746) and Corteva ($50,000), according to its 2025 IRS Form 990. Together they received 93% of its itemized 2025 grant dollars.

How large is Lubbock Economic Development Alliance?

Lubbock Economic Development Alliance reported $63.5M in total assets on its 2025 IRS Form 990. Its revenue that year was $16.6M.

What is Lubbock Economic Development Alliance?

Lubbock Economic Development Alliance is a public charity focused on Community Improvement & Capacity Building, based in Lubbock, TX. It holds $63.5M in total assets as of 2025.

What is Lubbock Economic Development Alliance's EIN?

Lubbock Economic Development Alliance's EIN (Employer Identification Number) is 90-0183669. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

Data update history

(7)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS July 29, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS July 6, 2022)
  3. Added Form 990 for fiscal year 2019 (received by the IRS August 13, 2020)
  4. Updated Form 990 for fiscal year 2022 (received by the IRS July 19, 2023)
  5. Updated Form 990 for fiscal year 2023 (received by the IRS July 26, 2024)
  6. Updated Form 990 for fiscal year 2024 (received by the IRS June 30, 2025)
  7. Added Form 990 for fiscal year 2025 (received by the IRS July 23, 2026)

Explore Open Grants

Browse active grant opportunities in Lubbock Economic Development Alliance's focus areas in our free grants database

Similar Funders

Funders that support many of the same organizations

Market Lubbock Economic Development Corporation

Lubbock, TX

Market Lubbock funds economic development, job creation, business and industry growth, entrepreneurship, workforce training, and related community projects, primarily in Lubbock, Texas. Its 2025 grants ranged from $10,430 to $1 million, with a median of $26,155. The profile does not state whether it accepts unsolicited requests.

Assets

$13.4M

Grants

33

Total Given

$2.9M

Plainview-Hale Co Industrial Foundation

Plainview, TX

Promote industrial development and create jobs in the city of Plainview and the county of Hale, TX.

Assets

$946K

Grants

1

Total Given

$10K

Lubbock Association of Realtors Inc

Lubbock, TX

Trade Organization of Real Estate Professionals. Promoting the common interest of the Real Estate industry in Lubbock and the surrounding area. To help promote improvement of business conditions in this area.

Assets

$5.1M

Grants

4

Total Given

$70K

Allsup Family Charitable Foundation

Dallas, TX

The Dallas-based Allsup Family Charitable Foundation made 2024 grants to universities and education programs, a medical humanitarian organization, and university foundations; these grants do not establish formal funding priorities. Grants ranged from $159,000 to $2 million, with a median of $1.5 million, and went to organizations in New Mexico, Texas, New York, and Arizona. It accepts applications and does not limit giving to preselected organizations; apply at least four months before funds are needed.

Philanthropy, Voluntarism & Grantmaking

Assets

$40.3M

Grants

4

Total Given

$5.2M

Community Foundation of West Texas

Lubbock, TX

The Community Foundation of West Texas supports South Plains nonprofits and programs in areas including basic needs, education and youth, community development, and arts and culture. Community Fund grants typically range from $1,000 to $5,000 for eligible organizations in its 15-county region; the profile does not state whether unsolicited requests are accepted.

Assets

$77.1M

Grants

94

Total Given

$2.4M

D 14 28 Foundation

Plainview, TX

Philanthropy, Voluntarism & Grantmaking

Assets

$4K

Grants

7

Total Given

$73K

More similar funders

More Funders in Texas

The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Lubbock Economic Development Alliance's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

Lubbock Economic Development Alliance down — hundreds of funders to go?

Want AI to do this for you?