Logo

Employer Identification Number 42-1759020

LOBO DEVELOPMENT CORPORATION is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:LOBO DEVELOPMENT CORPORATION
Employer identification number (EIN):42-1759020
EIN Issuing AuthorityPhiladelphia, PA
NAIC Classification:531390
NAIC Description:Other Activities Related to Real Estate
401k Pension/Benefits registration LOBO DEVELOPMENT CORPORATION 401k plan information
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code
State of IncorporationFLorida, FL

Organization Overview

Mission StatementThe activities of Lobo Development Corporation include the acquisition, development, disposition and rental of real estate for the benefit of the University of New Mexico.
Number of Employees2
Number of Volunteers3
Year Formed2007

Organization Governance

Legal DomicileNM
Voting Members - Governing Body8
Voting Members - Independent4

Organization Financials

2023-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 2,253,683
Program Service Revenue from current yearUSD $ 2,425,334
Investment Income from prior yearUSD $ 352,158
Investment Income from current yearUSD $ 310,893
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 2,736,227
Net assets / fund balances at end of fiscal yearUSD $ 8,013,955
Net assets / fund balances at beginning of fiscal yearUSD $ 7,619,216
Total liabilities at end of fiscal yearUSD $ 20,662,240
Total liabilities at beginning of fiscal yearUSD $ 22,484,953
Total assets at end of fiscal yearUSD $ 28,676,195
Total assets at beginning of fiscal yearUSD $ 30,104,169
Revenues less expenses for current yearUSD $ 394,739
Revenues less expenses for previous yearUSD $ 478,851
Total expenses for current yearUSD $ 2,341,488
Total expenses for previous yearUSD $ 2,144,453
Other expenses in current yearUSD $ 1,918,537
Other expenses in previous yearUSD $ 1,864,391
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 422,951
Employee salary and benefits paid in previous yearUSD $ 280,062
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 2,736,227
Total revenue in previous fiscal yearUSD $ 2,623,304
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 17,463
2022-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 2,140,786
Program Service Revenue from current yearUSD $ 2,253,683
Investment Income from prior yearUSD $ 47,159
Investment Income from current yearUSD $ 352,158
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 2,623,304
Net assets / fund balances at end of fiscal yearUSD $ 7,619,216
Net assets / fund balances at beginning of fiscal yearUSD $ 6,987,912
Total liabilities at end of fiscal yearUSD $ 22,484,953
Total liabilities at beginning of fiscal yearUSD $ 13,732,035
Total assets at end of fiscal yearUSD $ 30,104,169
Total assets at beginning of fiscal yearUSD $ 20,719,947
Revenues less expenses for current yearUSD $ 478,851
Revenues less expenses for previous yearUSD $ -122,732
Total expenses for current yearUSD $ 2,144,453
Total expenses for previous yearUSD $ 2,376,235
Other expenses in current yearUSD $ 1,864,391
Other expenses in previous yearUSD $ 2,112,496
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 280,062
Employee salary and benefits paid in previous yearUSD $ 263,739
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 2,623,304
Total revenue in previous fiscal yearUSD $ 2,253,503
Contributions and grants from current yearUSD $ 17,463
Contributions and grants from previous yearUSD $ 65,558
2021-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 2,395,216
Program Service Revenue from current yearUSD $ 2,140,786
Investment Income from prior yearUSD $ 82,423
Investment Income from current yearUSD $ 47,159
Other Revenue from prior yearUSD $ 20,000
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 2,253,503
Net assets / fund balances at end of fiscal yearUSD $ 6,987,912
Net assets / fund balances at beginning of fiscal yearUSD $ 7,110,644
Total liabilities at end of fiscal yearUSD $ 13,732,035
Total liabilities at beginning of fiscal yearUSD $ 14,133,726
Total assets at end of fiscal yearUSD $ 20,719,947
Total assets at beginning of fiscal yearUSD $ 21,244,370
Revenues less expenses for current yearUSD $ -122,732
Revenues less expenses for previous yearUSD $ 521,339
Total expenses for current yearUSD $ 2,376,235
Total expenses for previous yearUSD $ 1,976,300
Other expenses in current yearUSD $ 2,112,496
Other expenses in previous yearUSD $ 1,831,494
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 263,739
Employee salary and benefits paid in previous yearUSD $ 144,806
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 2,253,503
Total revenue in previous fiscal yearUSD $ 2,497,639
Contributions and grants from current yearUSD $ 65,558
Contributions and grants from previous yearUSD $ 0
2020-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 2,282,271
Program Service Revenue from current yearUSD $ 2,395,216
Investment Income from prior yearUSD $ 85,014
Investment Income from current yearUSD $ 82,423
Other Revenue from prior yearUSD $ 26,712
Other Revenue from current yearUSD $ 20,000
Gross receipts from all sourcesUSD $ 2,497,639
Net assets / fund balances at end of fiscal yearUSD $ 7,110,644
Net assets / fund balances at beginning of fiscal yearUSD $ 6,589,305
Total liabilities at end of fiscal yearUSD $ 14,133,726
Total liabilities at beginning of fiscal yearUSD $ 14,880,648
Total assets at end of fiscal yearUSD $ 21,244,370
Total assets at beginning of fiscal yearUSD $ 21,469,953
Revenues less expenses for current yearUSD $ 521,339
Revenues less expenses for previous yearUSD $ 290,657
Total expenses for current yearUSD $ 1,976,300
Total expenses for previous yearUSD $ 2,103,340
Other expenses in current yearUSD $ 1,831,494
Other expenses in previous yearUSD $ 1,862,472
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 144,806
Employee salary and benefits paid in previous yearUSD $ 240,868
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 2,497,639
Total revenue in previous fiscal yearUSD $ 2,393,997
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 20,000
2019-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 3,517,774
Program Service Revenue from current yearUSD $ 2,282,271
Investment Income from prior yearUSD $ 50,205
Investment Income from current yearUSD $ 85,014
Other Revenue from prior yearUSD $ 27,305
Other Revenue from current yearUSD $ 26,712
Gross receipts from all sourcesUSD $ 2,393,997
Net assets / fund balances at end of fiscal yearUSD $ 6,589,305
Net assets / fund balances at beginning of fiscal yearUSD $ 6,298,648
Total liabilities at end of fiscal yearUSD $ 14,880,648
Total liabilities at beginning of fiscal yearUSD $ 15,081,134
Total assets at end of fiscal yearUSD $ 21,469,953
Total assets at beginning of fiscal yearUSD $ 21,379,782
Revenues less expenses for current yearUSD $ 290,657
Revenues less expenses for previous yearUSD $ 1,742,816
Total expenses for current yearUSD $ 2,103,340
Total expenses for previous yearUSD $ 1,852,468
Other expenses in current yearUSD $ 1,862,472
Other expenses in previous yearUSD $ 1,606,194
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 240,868
Employee salary and benefits paid in previous yearUSD $ 246,274
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 2,393,997
Total revenue in previous fiscal yearUSD $ 3,595,284
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 26,712
2018-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 2,523,797
Program Service Revenue from current yearUSD $ 3,517,774
Investment Income from prior yearUSD $ 44,930
Investment Income from current yearUSD $ 50,205
Other Revenue from prior yearUSD $ 904,749
Other Revenue from current yearUSD $ 27,305
Gross receipts from all sourcesUSD $ 3,595,284
Net assets / fund balances at end of fiscal yearUSD $ 6,298,648
Net assets / fund balances at beginning of fiscal yearUSD $ 4,555,832
Total liabilities at end of fiscal yearUSD $ 15,081,134
Total liabilities at beginning of fiscal yearUSD $ 15,526,109
Total assets at end of fiscal yearUSD $ 21,379,782
Total assets at beginning of fiscal yearUSD $ 20,081,941
Revenues less expenses for current yearUSD $ 1,742,816
Revenues less expenses for previous yearUSD $ 1,922,488
Total expenses for current yearUSD $ 1,852,468
Total expenses for previous yearUSD $ 1,743,911
Other expenses in current yearUSD $ 1,606,194
Other expenses in previous yearUSD $ 1,518,331
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 246,274
Employee salary and benefits paid in previous yearUSD $ 225,580
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 3,595,284
Total revenue in previous fiscal yearUSD $ 3,666,399
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 192,923
Total of other revenueUSD $ 27,305
2017-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 2,714,151
Program Service Revenue from current yearUSD $ 2,523,797
Investment Income from prior yearUSD $ 186,361
Investment Income from current yearUSD $ 44,930
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 904,749
Gross receipts from all sourcesUSD $ 3,666,399
Net assets / fund balances at end of fiscal yearUSD $ 4,555,832
Net assets / fund balances at beginning of fiscal yearUSD $ 2,633,344
Total liabilities at end of fiscal yearUSD $ 15,526,109
Total liabilities at beginning of fiscal yearUSD $ 15,085,668
Total assets at end of fiscal yearUSD $ 20,081,941
Total assets at beginning of fiscal yearUSD $ 17,719,012
Revenues less expenses for current yearUSD $ 1,922,488
Revenues less expenses for previous yearUSD $ 884,837
Total expenses for current yearUSD $ 1,743,911
Total expenses for previous yearUSD $ 2,015,675
Other expenses in current yearUSD $ 1,518,331
Other expenses in previous yearUSD $ 1,816,740
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 225,580
Employee salary and benefits paid in previous yearUSD $ 198,935
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 3,666,399
Total revenue in previous fiscal yearUSD $ 2,900,512
Contributions and grants from current yearUSD $ 192,923
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 904,749
2016-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 3,882,546
Program Service Revenue from current yearUSD $ 2,714,151
Investment Income from prior yearUSD $ 20,916
Investment Income from current yearUSD $ 186,361
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 13,745,172
Net assets / fund balances at end of fiscal yearUSD $ 2,633,344
Net assets / fund balances at beginning of fiscal yearUSD $ 1,748,507
Total liabilities at end of fiscal yearUSD $ 15,085,668
Total liabilities at beginning of fiscal yearUSD $ 26,544,983
Total assets at end of fiscal yearUSD $ 17,719,012
Total assets at beginning of fiscal yearUSD $ 28,293,490
Revenues less expenses for current yearUSD $ 884,837
Revenues less expenses for previous yearUSD $ 1,525,600
Total expenses for current yearUSD $ 2,015,675
Total expenses for previous yearUSD $ 2,377,862
Other expenses in current yearUSD $ 1,816,740
Other expenses in previous yearUSD $ 2,121,049
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 198,935
Employee salary and benefits paid in previous yearUSD $ 256,813
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 2,900,512
Total revenue in previous fiscal yearUSD $ 3,903,462
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
2015-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 2,761,184
Program Service Revenue from current yearUSD $ 3,882,546
Investment Income from prior yearUSD $ 9,656
Investment Income from current yearUSD $ 20,916
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 3,903,462
Net assets / fund balances at end of fiscal yearUSD $ 1,748,507
Net assets / fund balances at beginning of fiscal yearUSD $ 222,907
Total liabilities at end of fiscal yearUSD $ 26,544,983
Total liabilities at beginning of fiscal yearUSD $ 27,147,689
Total assets at end of fiscal yearUSD $ 28,293,490
Total assets at beginning of fiscal yearUSD $ 27,370,596
Revenues less expenses for current yearUSD $ 1,525,600
Revenues less expenses for previous yearUSD $ -228,547
Total expenses for current yearUSD $ 2,377,862
Total expenses for previous yearUSD $ 2,999,387
Other expenses in current yearUSD $ 2,121,049
Other expenses in previous yearUSD $ 2,636,179
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 256,813
Employee salary and benefits paid in previous yearUSD $ 363,208
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 3,903,462
Total revenue in previous fiscal yearUSD $ 2,770,840
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 421759020

USA Location Address
801 UNIVERSITY BLVD. SE
SUITE 207
ALBUQUERQUE
NM
87106
Date first seen: 2007-01-01
Date last seen: 2024-07-31

Nearby companies/organizations

The following companies are located in the same ZIP code areas:

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