MARKET LUBBOCK ECONOMIC DEVELOPMENT CORPORATION
1500 BROADWAY NO 600, LUBBOCK, TX 79401 www.visitlubbock.org

Total Revenue
$6,919,339
Total Expenses
$7,246,864
Net Assets
$4,653,896

Organizations Filed Purposes: 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.

IN 2019-2020 MARKET LUBBOCK, INC. CONTINUED TO WORK WITH THE CITY OF LUBBOCK TO STRENGTHEN AND ENCOURAGE BUSINESS INVESTMENT IN DOWNTOWN LUBBOCK THROUGH A REIMBUSEMENT GRANT PROGRAM. THE CITY OF LUBBOCK AND MARKET LUBBOCK, INC. WORKED TOGETHER TO COMPLETE MAJOR UPGRADES TO THE BERL HUFFMAN ATHLETIC COMPLEX, INCLUDING A 9 ACRE ARTIFICIAL TURF COMPLEX. SUCH IMPROVEMENTS PROVIDE OPPORTUNITIES FOR MORE EVENTS TO BE HOSTED IN LUBBOCK, ADDING TO THE ECONOMIC STRENGTH OF THE COMMUNITY, AS WELL AS PROVIDE ENHANCED QUALITY OF LIFE FACILITIES FOR LUBBOCK CITIZENS. IN SPITE OF THE RESTRICTIONS OF THE GLOBAL PANDEMIC VISIT LUBBOCK, THROUGH THE CONVENTION AND VISITORS BUREAU AND LUBBOCK SPORTS, WORKED TO CONTRACT WITH MEETING PLANNERS, CONVENTION ORGANIZERS AND SPORTS EVENTS ORGANIZERS TO BRING CONVENTIONS AND EVENTS TO LUBBOCK THAT HELP TO CURB THE IMPACT OF COVID-19 TO THE LOCAL HOTELS, RESTAURANTS, ATTRACTIONS AND SHOP. MARKET LUBBOCK, WITH THE ASSISTANCE OF LUBBOCK ECONOMIC DEVELOPMENT ALLIANCE AND SOUTH PLAINS ASSOCIATION OF GOVERNMENTS WAS ABLE TO DIVERT $1 MILLION OF OUR BUDGET TO A SUPPORT LUBBOCK FUND. TOGETHER THESE ENTITIES WERE ABLE TO PROVIDE EMERGENCY FUNDS TO 29 BUSINESSES FORGIVEABLE LOANS BETWEEN $20,000 AND $60,000 TO KEEP THEIR BUSINESSES OPEN.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Chris CarpenterDIRECTOR1$0
Brett CateDIRECTOR1$0
Kristin MurrayDIRECTOR1$0
Calvin DavisDIRECTOR1$0
Matthew BumsteadDIRECTOR1$0
John OppermanDIRECTOR1$0
Suzann KirbyDIRECTOR1$0
Regina JohnstonDIRECTOR1$0
Mark GriffinVICE CHAIRMAN1$0
Barry OrrCHAIRMAN2$0
Kristie CavinessDIRECTOR OF MARKETING & COMMUNICATION20$0
Tonya Christine AllenDIRECTOR OF WORKFORCE DEV20$0
Carolyn RowleyDIRECTOR OF RECRUITMENT20$0
Kenny MckayVICE PRESIDENT20$0
Jana JohnstonCFO/COO20$0
John OsborneCEO20$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202132109349301003_public.xml