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Organizations Environmental Quality, Protection & Beautification Lobo Energy Incorporated

Lobo Energy Incorporated

Fiscal year ending 2017. Filed on March 7, 2018.

800 Bradbury Dr SE Suite 216
Albuquerque, New Mexico 87106

Lobo Energy Incorporated (EIN: 85-0459211) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2017 IRS Form 990 filing, Lobo Energy Incorporated, a 501(c)(3) charitable organization, reported compensation for 11 employees. Among the employees shown here, the average compensation is $318,210. The highest compensated employee at Lobo Energy Incorporated is Stephen W McKernan with fiscal year 2017 compensation of $771,241.

Revenue, expenses, and employee compensation

Revenue

$2,179,456

Expenses

$1,584,922

Employee compensation

$618,361
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Stephen W McKernan
Director
$771,241
$0 $670,680 $100,561
Robert G Frank
Director (Through 12-31-16)
$588,454
$0 $367,046 $221,408
David W Harris
Board Chair and Director
$444,078
$0 $319,064 $125,014
Chaouki Abdallah
Director
$352,649
$0 $277,176 $75,473
Geraldine Forbes Isais
Director
$228,905
$0 $193,981 $34,924
Jason Strauss
President and Chief Executive Officer
$153,405
$132,600 No related comp$20,805
Gary Smith
Vice President (Through 1-31-17)
$142,562
$0 $121,539 $21,023
Julie Alberti
Chief Financial Officer
$118,105
$0 $97,584 $20,521
Wanita Kirkman
CFO (Through 4-15-17)
$64,492
$59,711 No related comp$4,781
Alfred Sena
Vice President
$0
Matthew Cherrin
Vice President
$0

Benchmark Employee Compensation

Non-Employee Board Members

Bradley Hosmer
Director (Through 3-14-17)
Bruno E Carrara
Director
Jon Word
Director
Thomas Clifford
Director, Board Vice Chair
Thomas J Ruiz
Director

Mission Statement

LOBO ENERGY, INC., IS ORGANIZED TO SUPPORT THE UNIVERSITY OF NEW MEXICO FOR THE PURPOSES OF GENERALLY PROVIDING CONTRACTUAL SERVICES, INCLUDING FINANCING, OPERATING, IMPROVING, AND EXPANDING THE UNIVERSITY'S UTILITIES SERVICES INFRASTRUCTURE, AND FOR ALL OTHER PURPOSES PERMITTED UNDER THE UNIVERSITY RESEARCH PARK AND ECONOMIC DEVELOPMENT ACT (CHAPTER 21, ARTICLE 28 NMSA 1978). THE PURPOSES STATED ARE LIMITED TO THOSE PURPOSES THAT COME WITHIN THE MEANING OF AND COMPLY WITH SECTION 501(C)(3) OF THE CODE OR WITH CORRESPONDING PROVISIONS OF ANY FUTURE UNITED STATES INTERNAL REVENUE CODE.

Revisions to this organization profile

March 28, 2025:
2024 Lobo Energy Incorporated 990 filed
April 3, 2024:
2023 Lobo Energy Incorporated 990 filed
March 29, 2023:
2022 Lobo Energy Incorporated 990 filed

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