Civic Intelligence

Lobo Development Corporation

EIN 42-1759020 • 501(c)3 • Albuquerque, NM

View Organization Page

Profile

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.

801 University Blvd SE Suite 207Albuquerque, NM 87106

ldc.unm.edu

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

73rd percentile

0.69x

Higher debt load relative to assets than 73% of similar nonprofits.

NTEE B • $10M-$25M nonprofits • Source year 2025

Liabilities / Revenue

93rd percentile

6.59x

Higher debt load relative to revenue than 93% of similar nonprofits.

NTEE B • $10M-$25M nonprofits • Source year 2025

Net Margin

4th percentile

-86%

Higher net margin than 4% of similar nonprofits.

NTEE B • $10M-$25M nonprofits • Source year 2025

Top Officer Pay

99th percentile

$949,961

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 37.3% of source-year revenue.

NTEE B • $10M-$25M nonprofits • Source year 2025

Asset Growth

7th percentile

-15%

Faster asset growth than 7% of similar nonprofits.

NTEE B • $10M-$25M nonprofits • Annualized from 2024 to 2025

Revenue Growth

7th percentile

-36%

Faster revenue growth than 7% of similar nonprofits.

NTEE B • $10M-$25M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets73rd percentile

Assets

Down

$24,333,130

Down $4,343,065 (-15%) from 2023

Liabilities

Down

$16,789,126

Down $3,873,114 (-19%) from 2023

Net Assets

Down

$7,544,004

Down $469,951 (-5.9%) from 2023

Operations
Liabilities / Revenue93rd percentileNet Margin4th percentile

Revenue

Down

$2,549,366

Down $186,861 (-6.8%) from 2023

Expenses

Up

$4,734,921

Up $2,393,433 (+102%) from 2023

Net Income

Down

-$2,185,555

Down $2,580,294 (-654%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth7th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$40M$30M$20M$10M$0Assets 2011: $1,072,098Liabilities 2011: $501,234Net Assets 2011: $570,8642011Assets 2012: $1,335,930Liabilities 2012: $174,667Net Assets 2012: $1,161,2632012Assets 2013: $28,186,747Liabilities 2013: $27,735,293Net Assets 2013: $451,4542013Assets 2014: $27,370,596Liabilities 2014: $27,147,689Net Assets 2014: $222,9072014Assets 2015: $28,293,490Liabilities 2015: $26,544,983Net Assets 2015: $1,748,5072015Assets 2016: $17,719,012Liabilities 2016: $15,085,668Net Assets 2016: $2,633,3442016Assets 2017: $20,081,941Liabilities 2017: $15,526,109Net Assets 2017: $4,555,8322017Assets 2018: $21,379,782Liabilities 2018: $15,081,134Net Assets 2018: $6,298,6482018Assets 2019: $21,469,953Liabilities 2019: $14,880,648Net Assets 2019: $6,589,3052019Assets 2020: $21,244,370Liabilities 2020: $14,133,726Net Assets 2020: $7,110,6442020Assets 2021: $20,719,947Liabilities 2021: $13,732,035Net Assets 2021: $6,987,9122021Assets 2022: $30,104,169Liabilities 2022: $22,484,953Net Assets 2022: $7,619,2162022Assets 2023: $28,676,195Liabilities 2023: $20,662,240Net Assets 2023: $8,013,9552023Assets 2025: $24,333,130Liabilities 2025: $16,789,126Net Assets 2025: $7,544,0042025

Highlighted filing

2025

Assets$24,333,130
Liabilities$16,789,126
Net Assets$7,544,004
Open 2025 Filing

Operations Trend

Revenue Growth7th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0M-$4.0MRevenue 2011: $1,106,547Expenses 2011: $621,552Net Income 2011: $484,9952011Expenses 2012: $1,400,0702012Expenses 2013: $1,927,9072013Revenue 2014: $2,770,840Expenses 2014: $2,999,387Net Income 2014: -$228,5472014Revenue 2015: $3,903,462Expenses 2015: $2,377,862Net Income 2015: $1,525,6002015Revenue 2016: $2,900,512Expenses 2016: $2,015,675Net Income 2016: $884,8372016Revenue 2017: $3,666,399Expenses 2017: $1,743,911Net Income 2017: $1,922,4882017Revenue 2018: $3,595,284Expenses 2018: $1,852,468Net Income 2018: $1,742,8162018Revenue 2019: $2,393,997Expenses 2019: $2,103,340Net Income 2019: $290,6572019Revenue 2020: $2,497,639Expenses 2020: $1,976,300Net Income 2020: $521,3392020Revenue 2021: $2,253,503Expenses 2021: $2,376,235Net Income 2021: -$122,7322021Revenue 2022: $2,623,304Expenses 2022: $2,144,453Net Income 2022: $478,8512022Revenue 2023: $2,736,227Expenses 2023: $2,341,488Net Income 2023: $394,7392023Revenue 2025: $2,549,366Expenses 2025: $4,734,921Net Income 2025: -$2,185,5552025

Highlighted filing

2025

Revenue$2,549,366
Expenses$4,734,921
Net Income-$2,185,555
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$24,333,130
Liabilities
$16,789,126
Net assets
$7,544,004
Revenue
$2,549,366
Expenses
$4,734,921
Net income
-$2,185,555
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$24.3$16.8$7.54$2.55$4.73$2.19
2023Summary only. Only limited summary data is available for this year.$28.7$20.7$8.01$2.74$2.34$0.39
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$30.1$22.5$7.62$2.62$2.14$0.48
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$20.7$13.7$6.99$2.25$2.38$0.12
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.2$14.1$7.11$2.50$1.98$0.52
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$21.5$14.9$6.59$2.39$2.10$0.29
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$21.4$15.1$6.30$3.60$1.85$1.74
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$20.1$15.5$4.56$3.67$1.74$1.92
2016Detailed filing. Detailed filing data is available for this year.$17.7$15.1$2.63$2.90$2.02$0.88
2015Detailed filing. Detailed filing data is available for this year.$28.3$26.5$1.75$3.90$2.38$1.53
2014Detailed filing. Detailed filing data is available for this year.$27.4$27.1$0.22$2.77$3.00$0.23
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$28.2$27.7$0.45$1.93
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.34$0.17$1.16$1.40
2011Summary only. Only limited summary data is available for this year.$1.07$0.50$0.57$1.11$0.62$0.48
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Dec 16, 2025
Return Version
2024v5.2
Gross Receipts
$2,549,366
Mission and Program Overview

Mission

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.

The activities of lobo development corporation include the acquisition, development, disposition and rental of real estate for the benefit of the university of new mexico.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$16,481,655$14,345,298▼ $2,136,357
Savings and Temporary Cash Investments$4,496,871$2,287,397▼ $2,209,474
Cash and Non-Interest-Bearing Accounts$372,667$1,845,883▲ $1,473,216
Prepaid Expenses and Deferred Charges$275$275→ $0
Total Assets$28,590,770$24,333,130▼ $4,257,640
Other Assets Total$7,239,302$5,854,277▼ $1,385,025
Liabilities
Other Liabilities$18,583,779$16,730,540▼ $1,853,239
Unsecured Notes Loans Payable$253,404$0▼ $253,404
Accounts Payable and Accrued Expenses$24,028$58,586▲ $34,558
Total Liabilities$18,861,211$16,789,126▼ $2,072,085
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$9,729,559$7,544,004▼ $2,185,555
Total Net Assets Fund Balance$9,729,559$7,544,004▼ $2,185,555
Total Liabilities and Net Assets / Fund Balance$28,590,770$24,333,130▼ $4,257,640

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$12,168,899$5,142,120$17,311,019
Other Land Buildings$2,176,399-$2,176,399
Other Assets Org$14,599--
Compensation and Service Providers
Top Officer Pay99th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
David CampbellExecutive Director (through 3/31/25)FT$241,862$15,450$257,312
Keelie GarciaDirector of OperationsFT$131,558$20,902$152,460
Fernando LovoDirector--$94,657$94,657

Board Members and Trustees

NameTitle
Paul BlanchardChair
William PayneChair (through 09/01/2024)
Stephen J CiepielaVice Chair
Eric K EgginsDirector
Garnett StokesDirector
James HollowayDirector
Louis AbruzzoDirector
Michael R RichardsDirector
Victor ReyesDirector
Douglas ZiedonisDirector (through 08/01/2024)
Eddie NunezDirector (through 08/01/2024)
Shawna WolfeChief Business Officer
Teresa CostantinidisChief Executive Officer
Rick SiegelSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$245,780
Program Service Revenue
$1,978,260
Investment Income
$325,326
Other Revenue
$0
Change in Net Assets
$-2,185,555

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,549,366
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$2,549,366
Total Revenue per Form 990
$2,549,366
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,140,868
Salaries, Compensation, and Employee Benefits$594,053
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Payments to Affiliates$606,504--$606,504
Depreciation Depletion$443,872--$443,872
Occupancy$278,235$69,559-$347,794
Other Salaries and Wages$216,855$54,214-$271,069
Current Officers, Directors, Trustees, and Key Employees$168,540$42,135-$210,675
Other Expenses$181,765--$181,765
Fees for Services Other$70,533--$70,533
Insurance$57,522$1,835-$59,357
Other Employee Benefits$35,225$8,806-$44,031
Office Expenses$35,114$8,775-$43,889
Fees for Services Legal$39,477$624-$40,101
Fees for Services Accounting-$36,443-$36,443
Payroll Taxes$28,346$7,086-$35,432
Pension Plan Contributions$26,277$6,569-$32,846
Fees for Services Management$25,564--$25,564
Information Technology$17,796$4,449-$22,245
All Other Expenses$20,161--$20,161
Conferences and Meetings$4,939$921-$5,860
Advertising$81$2,583-$2,664
Travel$1,557$389-$1,946
Total Functional Expenses$4,490,533$244,388$0$4,734,921

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,734,921
Total Expenses per Audited Statements$4,734,921
Total Expenses per Form 990$4,734,921
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Promissory Note Payable to Unm$11,284,028
Deferred Inflow of Resources$5,446,512
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“The filing organization is a component unit of the university of new mexico (unm). The following officers and directors have a business relationship with one another by virtue of their positions as directors or employees of related entity, the university of new mexico: paul blanchard, teresa costantinidis, james holloway, fernando lovo, eddie nunez, william payne, michael richards, garnett stokes, shawna wolfe, and douglas ziedonis.”

Form 990, Part VI, Section A, Line 6

“The university of new mexico is the sole member of the corporation. The university shall have all rights and privileges granted to it by the new mexico nonprofit corporation act, the university research park and economic development act, the articles of incorporation and the bylaws.”

Form 990, Part VI, Section A, Line 7A

“Non-positional directors shall be individuals appointed by the board of regents of the university of new mexico. Any vacancy in a non-positional director position shall be filled for the unexpired term by a person designated and appointed by the board of regents. Any director, except the university president and senior vice president for finance and administration, may be removed by the board of regents with or without cause.”

Form 990, Part VI, Section A, Line 7B

“Per a memorandum of agreement between the regents of the university of new mexico (unm) and lobo development corporation (ldc), section 1.0, paragraph 1.4, "ldc shall not enter into any commitment or contractual obligation which binds unm without the express and specific approval of the board of regents." also, per section 4.0, paragraph 4.2 of that agreement, "ldc will use competitive methods approved by the unm board of regents to identify development opportunities and shall bring recommended development proposals to the board of regents for consideration prior to the completion of the negotiation with the proposed developer."”

Form 990, Part VI, Section B, Line 11B

“Prior to filing, the lobo development corporation board of directors will receive draft copies of form 990 to review and approve.”

Form 990, Part VI, Section B, Line 12C

“Periodic reviews shall be conducted to ensure that the corporation operates in a manner consistent with its charitable purposes and that it does not engage in activities that could jeopardize its status as an organization exempt from federal tax. In connection with any actual or possible conflicts of interest, an interested person must disclose the existence and nature of his or her financial interest and must be given the opportunity to disclose all material facts to the directors and members of committees with board-delegated powers considering the proposed transaction or arrangement. After disclosure of the possible conflict, and after any discussion with the interested person, he/she shall leave the board or committee meeting while the remaining board or committee members determine whether a conflict of interest exists. If it is determined that a conflict exists, an interested person must recuse himself/herself from voting on the transactions or arrangement that results in the conflict of interest. There were no instances of conflict during the year.”

Form 990, Part VI, Section B, Line 15

“The organization's top management officials are paid by the supported organization.”

Form 990, Part VI, Section C, Line 19

“Lobo development makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Lobo Development Corporation
EIN
42-1759020
Phone
5059251610
Address
801 UNIVERSITY BLVD SE SUITE 207, ALBUQUERQUE, NM 87106

Signing Officer

Name
Thomas M Neale
Title
Chief Operating Officer
Phone
5059251610
Signed
2025-12-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Teresa Costantinidis
Formed
2007
Legal Domicile
Nm
Voting Board Members
11
Independent Board Members
6
Employees
3
Volunteers
6

Preparer

Firm
Baker Tilly Advisory Group Lp
Address
6565 AMERICAS PARKWAY NE STE 600, ALBUQUERQUE, NM 87110
Preparer
Steven Talbot
Phone
5058787200
Raw XML AppendixShowing 400 of 769 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt073778
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1128353
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2158267
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt3148599
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt464495
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt5134689
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt68843
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1480699
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1515450
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1620902
IRS990/Form990PartVIISectionAGrp/PersonNm0DOUGLAS ZIEDONIS
IRS990/Form990PartVIISectionAGrp/PersonNm1MICHAEL R RICHARDS
IRS990/Form990PartVIISectionAGrp/PersonNm2GARNETT STOKES
IRS990/Form990PartVIISectionAGrp/PersonNm3JAMES HOLLOWAY
IRS990/Form990PartVIISectionAGrp/PersonNm4EDDIE NUNEZ
IRS990/Form990PartVIISectionAGrp/PersonNm5TERESA COSTANTINIDIS
IRS990/Form990PartVIISectionAGrp/PersonNm6FERNANDO LOVO
IRS990/Form990PartVIISectionAGrp/PersonNm7PAUL BLANCHARD
IRS990/Form990PartVIISectionAGrp/PersonNm8STEPHEN J CIEPIELA
IRS990/Form990PartVIISectionAGrp/PersonNm9RICK SIEGEL
IRS990/Form990PartVIISectionAGrp/PersonNm10ERIC K EGGINS
IRS990/Form990PartVIISectionAGrp/PersonNm11LOUIS ABRUZZO
IRS990/Form990PartVIISectionAGrp/PersonNm12VICTOR REYES
IRS990/Form990PartVIISectionAGrp/PersonNm13WILLIAM PAYNE
IRS990/Form990PartVIISectionAGrp/PersonNm14SHAWNA WOLFE
IRS990/Form990PartVIISectionAGrp/PersonNm15DAVID CAMPBELL
IRS990/Form990PartVIISectionAGrp/PersonNm16KEELIE GARCIA
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15241862
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt16131558
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt0876183
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1743451
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt2625081
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt3392000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt4347154
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt5346805
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt685814
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt14246685
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR (THROUGH 08/01/2024)
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR (THROUGH 08/01/2024)
IRS990/Form990PartVIISectionAGrp/TitleTxt5CHIEF EXECUTIVE OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt8VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt9SECRETARY/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13CHAIR (THROUGH 09/01/2024)
IRS990/Form990PartVIISectionAGrp/TitleTxt14CHIEF BUSINESS OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt15EXECUTIVE DIRECTOR (THROUGH 3/31/25)
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR OF OPERATIONS
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02007
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt02549366
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt04449
IRS990/InformationTechnologyGrp/ProgramServicesAmt017796
IRS990/InformationTechnologyGrp/TotalAmt022245
IRS990/InsuranceGrp/ManagementAndGeneralAmt01835
IRS990/InsuranceGrp/ProgramServicesAmt057522
IRS990/InsuranceGrp/TotalAmt059357
IRS990/InvestmentIncomeGrp/ExclusionAmt0134555
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0190771
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0325326
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt07
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt05142120
IRS990/LandBldgEquipBasisNetGrp/BOYAmt016481655
IRS990/LandBldgEquipBasisNetGrp/EOYAmt014345298
IRS990/LandBldgEquipCostOrOtherBssAmt019487418
IRS990/LegalDomicileStateCd0NM
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0LOBO 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.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt09729559
IRS990/NetAssetsOrFundBalancesEOYAmt07544004
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt09729559
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt07544004
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt069559
IRS990/OccupancyGrp/ProgramServicesAmt0278235
IRS990/OccupancyGrp/TotalAmt0347794
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt08775
IRS990/OfficeExpensesGrp/ProgramServicesAmt035114
IRS990/OfficeExpensesGrp/TotalAmt043889
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt07239302
IRS990/OtherAssetsTotalGrp/EOYAmt05854277
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt08806
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt035225
IRS990/OtherEmployeeBenefitsGrp/TotalAmt044031
IRS990/OtherExpensesGrp/Desc0PROPERTY TRANSFER-UNM
IRS990/OtherExpensesGrp/Desc1ABANDONED PROJECTS WRIT
IRS990/OtherExpensesGrp/Desc2PROPERTY REPAIRS
IRS990/OtherExpensesGrp/ProgramServicesAmt01870071
IRS990/OtherExpensesGrp/ProgramServicesAmt1362099
IRS990/OtherExpensesGrp/ProgramServicesAmt2181765
IRS990/OtherExpensesGrp/TotalAmt01870071
IRS990/OtherExpensesGrp/TotalAmt1362099
IRS990/OtherExpensesGrp/TotalAmt2181765
IRS990/OtherLiabilitiesGrp/BOYAmt018583779
IRS990/OtherLiabilitiesGrp/EOYAmt016730540
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt054214
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0216855
IRS990/OtherSalariesAndWagesGrp/TotalAmt0271069
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt0606504
IRS990/PaymentsToAffiliatesGrp/TotalAmt0606504
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt07086
IRS990/PayrollTaxesGrp/ProgramServicesAmt028346
IRS990/PayrollTaxesGrp/TotalAmt035432
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt06569
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt026277
IRS990/PensionPlanContributionsGrp/TotalAmt032846
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0275
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0275
IRS990/PrincipalOfficerNm0TERESA COSTANTINIDIS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0532000
IRS990/ProgramServiceRevenueGrp/BusinessCd1532000
IRS990/ProgramServiceRevenueGrp/BusinessCd2532000
IRS990/ProgramServiceRevenueGrp/Desc0ADMIN FEE - RENTAL INC
IRS990/ProgramServiceRevenueGrp/Desc1PROJECT REVENUE
IRS990/ProgramServiceRevenueGrp/Desc2REIMBURSEMENTS RELATED
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01156039
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1712680
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2109541
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01156039
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1712680
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2109541
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01577505
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0343584
IRS990/PYOtherExpensesAmt01718355
IRS990/PYOtherRevenueAmt01535
IRS990/PYProgramServiceRevenueAmt02042512
IRS990/PYRevenuesLessExpensesAmt01715604
IRS990/PYSalariesCompEmpBnftPaidAmt0531177
IRS990/PYTotalExpensesAmt02249532
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03965136
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-2185555
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt0245780
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt02169031
IRS990/SavingsAndTempCashInvstGrp/BOYAmt04496871
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02287397
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd01
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE ORGANIZATION SUPPORTS A STATE UNIVERSITY, WHICH IS NOT REQUIRED TO OBTAIN RECOGNITION OF ITS PUBLIC CHARITY STATUS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1THE $3,884,029 REPRESENTS THE SERVICES PROVIDED BY LOBO DEVELOPMENT CORPORATION TO ITS SUPPORTED ORGANIZATION, THE UNIVERSITY OF NEW MEXICO. THIS AMOUNT INCLUDES THE TRANSFER OF THE BASEBALL CLUBHOUSE PROJECT TO THE UNIVERSITY OF NEW MEXICO ($1,870,071).
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION A, LINE 2:
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1PART I, LINE 12G, COL. (VI)
IRS990ScheduleA/IRSWrittenDeterminationInd0X
IRS990ScheduleA/OtherSupportSumAmt03884029
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0856000642
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd06
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt03884029
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt0606504
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0UNIVERSITY OF NEW MEXICO
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt0606504

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