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Lobo Energy Incorporated

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 850459211 ✦ Albuquerque, NM ✦ Designated as a 501(c)(3)

Overview

What is Lobo Energy Incorporated?

Lobo Energy Incorporated is a non-profit organization established by the Regents of the University of New Mexico in 1998. Its primary purpose is to manage the university's utility infrastructure and provide utility management services, with a focus on energy conservation. Based in Albuquerque, New Mexico, Lobo Energy has upgraded the utility infrastructure on campus and overseen an extensive energy conservation program. The organization is structured to support the University of New Mexico in various contractual services, including financing, operating, improving, and expanding the university's utility services infrastructure. Lobo Energy may also offer assistance in project management, equipment procurement, and regulatory issue monitoring, while promoting long-term technological innovation and sustainable practices. With a workforce of 7 employees, Lobo Energy is committed to helping the University of New Mexico in its efforts towards energy efficiency and sustainable practices.


Official website here: www.lei.unm.edu

Is Lobo Energy Incorporated legitimate?

Lobo Energy Incorporated is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lobo Energy Incorporated submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $402,202
Professional Fundraising Fees: $0
Other Salaries and Wages: $283,149

For more financial information, click here


Official website here: www.lei.unm.edu

What is the mission statement of Lobo Energy Incorporated?

Lobo Energy Incorporated, organized to support academic institutions, primarily focuses on providing contractual services. The main objective is to enhance and expand the utilities services infrastructure of the University of New Mexico, as well as undertake various other purposes within the scope of the University Research Park and Economic Development Act. The company offers assistance in managing and supervising the planning, design, engineering, contracting, energy-conservation, and commissioning services for assigned projects. They also procure equipment and services necessary for project implementation, and review regulatory issues, while monitoring long-term technological innovation and sustainable practices to ensure the projects adhere to these principles.


Official website here: www.lei.unm.edu

Who is the CEO of Lobo Energy Incorporated?

Jason Strauss is the Director of Lobo Energy Incorporated. The CEO's salary of Lobo Energy Incorporated is $140,610 and their total compensation is $177,839.


Official website here: www.lei.unm.edu

What is the revenue of Lobo Energy Incorporated?

Lobo Energy Incorporated's revenue in 2022 was $2,177,036.


Official website here: www.lei.unm.edu

Who are the executives of Lobo Energy Incorporated and what are their salaries?

The average compensation at Lobo Energy Incorporated during 2022 was $97,907. There are 7 employees and 4 volunteers at Lobo Energy Incorporated.

Here are 12 key members and their salaries (Lobo Energy Incorporated's CEO's salary is $140,610 and their total compensation is $177,839):

    Kate Becker (Director)
  • Compensation: $0
  • Related: $829,022
  • Other: $140,566

    • Garnett Stokes (Director)
  • Compensation: $0
  • Related: $427,665
  • Other: $138,909

    • Teresa Costantinidis (Director/Board Chair)
  • Compensation: $0
  • Related: $298,237
  • Other: $108,997

    • Robert Gonzalez (Director)
  • Compensation: $0
  • Related: $214,994
  • Other: $36,247

    • Jason Strauss (President/Ceo) [Trustee/Director]
  • Compensation: $140,610
  • Related: $0
  • Other: $37,229

    • Alfred Sena (Vice President)
  • Compensation: $0
  • Related: $132,615
  • Other: $36,618

    • Matthew Cherrin (Vice President)
  • Compensation: $91,549
  • Related: $0
  • Other: $32,199

    • Julie Alberti (Cfo)
  • Compensation: $55,017
  • Related: $0
  • Other: $7,994

    • Bruno E Carrara (Director, Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas J Ruiz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jon Word (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jack Fortner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.lei.unm.edu

    Where can I find the form 990 for Lobo Energy Incorporated?

    The Lobo Energy Incorporated’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.lei.unm.edu

    Learn more at the official website: www.lei.unm.edu

    Mission Statement of Lobo Energy Incorporated

    Lobo Energy Incorporated, a non-profit organization, is established with the primary mission to support the University of New Mexico. This mission encompasses providing contractual services, including financing, operating, improving, and expanding the university's utilities services infrastructure. The organization's purpose is limited to those that comply with Section 501(C)(3) of the Code or corresponding provisions of any future United States Internal Revenue Code.

    In addition to its infrastructure-related duties, Lobo Energy Incorporated may offer assistance to the university for the management and supervision of various projects. These tasks include planning, design, engineering, contracting, energy-conservation, and commissioning services for assigned projects. Furthermore, the organization is responsible for procuring equipment and services in the course of implementing these projects.

    The organization also monitors regulatory issues, ensuring compliance while keeping an eye on long-term technological innovation and sustainable practices. In summary, Lobo Energy Incorporated aims to support the University of New Mexico in various aspects, with a focus on improving its utilities services infrastructure and ensuring sustainable, innovative, and compliant project implementations.

    Impact

    This information is meant to be a general summary of Lobo Energy Incorporated. Please take the time to review official sources before making any decisions based upon the content provided here.




    Tuesday, June 18, 2024

    Lobo Energy Incorporated's impact is focused on supporting the University of New Mexico by providing contractual services to enhance and expand the university's utilities services infrastructure. Specifically, Lobo Energy Inc. manages the upgrade of utility infrastructure, oversees energy conservation programs, and provides utility management services to UNM. By implementing sustainable practices and technological innovations, Lobo Energy contributes to environmental conservation efforts on campus.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $5,971
  • Program Service Revenue: $2,171,065
  • Gross Receipts: $2,177,036

    • Assets and Liabilities:
  • Total Assets: $7,881,888
  • Total Liabilities: $164,798
  • Net Assets: $7,717,090
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    OTHER MANAGEMENT SERVI

    Revenue

    $1,691,065

    UTILITIES MANAGEMENT S

    Revenue

    $480,000

    Organization Details

    Founding Year

    1998

    Principal Officer

    Jason Strauss

    Main Address

    800 BRADBURY DR SE 216, ALBUQUERQUE, NM, 871064310

    NTEE Category

    Code: C35 - Environment

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