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Organizations Education Lobo Development Corporation

Lobo Development Corporation

Fiscal year ending 2024. Filed on January 29, 2025.

801 University Blvd SE Suite 207
Albuquerque, New Mexico 87106

Lobo Development Corporation (EIN: 42-1759020) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Lobo Development Corporation, a 501(c)(3) charitable organization, reported compensation for 9 employees. Among the employees shown here, the average compensation is $453,315. The highest compensated employee at Lobo Development Corporation is Douglas Ziedonis with fiscal year 2024 compensation of $953,525.

Revenue, expenses, and employee compensation

Revenue

$3,965,136

Expenses

$2,249,532

Employee compensation

$531,177
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Douglas Ziedonis
Director
$953,525
$0 $810,297 $143,228
Garnett Stokes
Director
$767,531
$0 $614,702 $152,829
Eddie Nunez
Director
$508,376
$0 $441,493 $66,883
James Holloway
Director
$476,370
$0 $381,834 $94,536
Teresa Costantinidis
Chief Executive Officer
$460,840
$0 $331,504 $129,336
Lisa Marbury
Chief Business OFCR (Thru 12/1/23)
$207,100
$0 $170,512 $36,588
Keelie Garcia
Operations Director
$127,598
$107,982 No related comp$19,616
Kelly Ward
Executive Director (Thru 9/30/23)
$125,183
$110,472 No related comp$14,711
Shawna Wolfe Chief
Business Officer (Starting 3/14/24)
$0

Benchmark Employee Compensation

Non-Employee Board Members

Eric Eggins
Director (Starting 3/14/24)
Louis Abruzzo
Director
Maria Griego-Raby
Director (Thru 9/1/23)
Paul Blanchard
Director
Rick Siegel
Secretary and Treasurer
Stephen J Ciepiela
Vice Chair
William Payne
Chair

Mission Statement

LOBO DEVELOPMENT CORPORATION ADVANCES PLANNING, DEVELOPMENT, AND MANAGEMENT OF REAL PROPERTY AND FACILITIES FOR THE UNIVERSITY OF NEW MEXICO THROUGH NEW MODELS OF ENGAGEMENT, UTILIZING BUSINESS-FOCUSED DECISION-MAKING WITHIN A PUBLIC EDUCATIONAL ENVIRONMENT, CREATING ALTERNATIVE FUNDING SOURCES, AND DEVELOPING PUBLIC/PRIVATE PARTNERSHIPS TO ENHANCE THE UNIVERSITY OF NEW MEXICO'S COMPETITIVENESS, SUSTAINABILITY, AND LONG-TERM VALUE, RESULTING IN IMPROVEMENT TO CAMPUS AND COMMUNITY QUALITY OF LIFE.

Revisions to this organization profile

December 17, 2025:
2025 Lobo Development Corporation 990 filed
January 29, 2025:
2024 Lobo Development Corporation 990 filed
February 2, 2024:
2023 Lobo Development Corporation 990 filed

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