Economic Development Corporation of Lea County

Fiscal year ending 2025. Filed on November 11, 2025.

200 W Broadway
Hobbs, New Mexico 88240

Economic Development Corporation of Lea County (EIN: 85-0164863) has filed an IRS Form 990 between fiscal years 2017 and 2025. In its fiscal year 2025 IRS Form 990 filing, Economic Development Corporation of Lea County, a 501(c)(6) business league, reported compensation for 1 out of 9 total employees. Among the employees shown here, the average compensation is $170,352. The highest compensated employee at Economic Development Corporation of Lea County is Jennifer Grassham with fiscal year 2025 compensation of $170,352.

Revenue, expenses, and employee compensation

Revenue

$1,855,842

Expenses

$1,608,685

Employee compensation

$469,788

Reported Compensated Employees

Jennifer Grassham

President

$170,352

$170,352 No related compNo other comp

Non-Employee Board Members

Alfonso Cisneros

John Paul Henderson

Michael Marksberry

Mission Statement

PROMOTING AND MARKETING ASSETS OF LEA COUNTY TO ATTRACT CAPITAL INVESTMENT

Revisions to this organization profile

November 11, 2025:

2025 Economic Development Corporation of Lea County 990 filed

November 27, 2023:

2023 Economic Development Corporation of Lea County 990 filed

December 6, 2022:

2022 Economic Development Corporation of Lea County 990 filed

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