Alexandria Economic Development logo

Alexandria Economic Development

Public charity · Grantmaker Alexandria, VA EIN: 54-1625093 Website

Alexandria Economic Development, also known as the Alexandria Economic Development Partnership (AEDP), is based in Alexandria, Virginia. It promotes the city as a place for businesses and supports economic development through business attraction and retention, assistance to businesses, and grants and incentives tied to economic development projects. Its IRS filing type is Form 990 (a public charity).

Key facts about Alexandria Economic Development

EIN
54-1625093
Latest 990 filing
Form 990, 2025
Total assets
$2,627,872

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$2.6M

-9.7% YoY

Revenue

$4.2M

+6.9% YoY

Net Investment Income

$57K

+1.4% YoY

Expenses

$4.0M

-12.1% YoY

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

AEDP’s mission is to promote Alexandria as a premier business location by capitalizing on city assets, including its Metro stations, historic character, and riverfront location, to enhance city tax revenue and increase employment opportunities.

Its grant and incentive programs have supported businesses and business organizations. The Alexandria Investment Fund is a discretionary grant program for local matches to state incentives, projects that fill or catalyze office or hotel development, and business attraction or expansion expected to significantly increase city tax revenue. AEDP says support is evaluated case by case, considering factors such as job creation, capital investment, and real estate impact.

The ALX B2B Business Association Grants supported organizations working to build capacity and develop sustainable programming for local businesses. One recipient, the Alexandria Chamber of Commerce, describes its own mission as providing a forum for people and organizations concerned with the Alexandria area’s welfare, advocating business positions, representing members before government bodies, and offering educational, networking, and marketing programs.

Grantmaking

In 2023, the IRS filing reports eight grants totaling $534,265. AEDP’s ALX B2B Business Association Grants page reports approximately $535,000 awarded to eight organizations:

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Geographic Focus

Where this funder awards grants

AEDP’s stated mission and described grant programs focus on the City of Alexandria, Virginia. The ALX B2B Business Association Grants were for organizations serving Alexandria business districts or qualifying business owners in the city.

Grant Distribution by State

1state

States

Cities

Alexandria

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$4M$6M$8M0 grants2019 0 grants2020 651 grants2021 Total only2022 8 grants2023 0 grants2024 0 grants2025

From 2021 to 2023, annual grant giving ranged from $110K (2022) to $6.6M (2021). In 2023 it made 8 grants totaling $534K.

Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

659 grants across all recorded years

651<$50K6$50–100K2$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 651 grants of 659 (99%).

Giving History

Grant recipients and amounts by year

No grants recorded for 2025.

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants reported
2025 $2,627,872 $4,200,137 $3,999,191 0
2024 $2,911,136 $3,927,401 $4,547,536 0
2023 $3,799,500 $4,212,615 $3,303,209 8; $534,265 total
Revenue
Expenses
Net Investment Income
$0$5M$10M$15M2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$2,627,872$2,911,136$3,799,500
Revenue$4,200,137$3,927,401$4,212,615
Expenses$3,999,191$4,547,536$3,303,209
Net Investment Income$56,901$56,091$24,532

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990 for fiscal year 2019 (received by the IRS May 14, 2020)
  2. Updated Form 990 for fiscal year 2022 (received by the IRS April 28, 2023)
  3. Added Form 990 for fiscal year 2025 (received by the IRS May 11, 2026)
  4. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Scott Shaw as Chair and Gabriela Clark as Vice Chair. Directors listed are Nishita Henry, Alexandra Nee, John Taylor Chapman, and Melissa Webb. Staff listed are Stephanie Landrum, President & CEO; Marian Marquez, Senior Vice President; Cristina Amoruso, Director of Small Business & Entrepreneurship; and Elizabeth Bolton, Vice President of Strategic Communications.

Alexandria Economic Development is led by Stephanie Landrum, President & CEO on every filing since 2019; 7 of 13 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Stephanie Landrum

    President & CEO

    On filings since 2019

    40 hrs/week

    $243K (2019) → $272K (2025)

  • Scott Shaw

    Chair

    On filings since 2019

    3 hrs/week

    No compensation reported

  • Cristina Amoruso

    Director, Small Business & Entrepreneurship

    New on the 2025 filing

    40 hrs/week

    $149K (2025)

  • John Taylor Chapman

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Melissa Webb

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Nishita Henry

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Alexandra Nee

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Christina Mindrup

    Vice President & Real Estate

    Vice President of Real Est → Vice President of Real Estate, 2022

    Vice President of Real Estate → Vice President & Real Estate, 2024

    On filings since 2019

    40 hrs/week

    $146K (2019) → $179K (2025)

  • Elizabeth Bolton

    Vice President & Strategic Communications

    Director of Communications & Marketing → Vice President & Strategic Communications, 2024

    On filings since 2023

    40 hrs/week

    $116K (2023) → $149K (2025)

  • Gary Cooley

    Business Development Manager

    On filings since 2024

    40 hrs/week

    $133K (2024) → $139K (2025)

  • Kelly Martin

    Business Development Manager

    On filings since 2024

    40 hrs/week

    $133K (2024) → $139K (2025)

  • Marian Marquez

    Senior Vice President

    New on the 2025 filing

    40 hrs/week

    $193K (2025)

  • Gabriela Canamar Clark

    Vice Chair

    Director → Director & Executive Committee, 2023

    Director & Executive Committee → Vice Chair, 2025

    On filings since 2019

    3 hrs/week

    No compensation reported

Former officers (16)
  • Former: Harry Marshall (2024) — Director & Business Development
  • Former: Jeff Kovach (2019–2023) — Director
  • Former: Marcy Anderson (2019–2023) — Director
  • Former: Ross Baird (2019–2023) — Director & Executive Committee
  • Former: Ryan Touhill (2019–2023) — Senior Vice President
  • Former: AJ Jackson (2019–2022) — Director
  • Former: Ethan McAfee (2019–2022) — Director
  • Former: Jerry Sanford (2021–2022) — Director of Business Development
  • Former: Dave Millard (2019–2021) — Treasurer
  • Former: Kerry Donley (2019–2021) — Vice Chair
  • Former: Mark Jinks (2019–2021) — Director
  • Former: Mignon Anthony (2020–2021) — Director
  • Former: Charlotte Hall (2019) — Director
  • Former: Chris Hartman (2019) — Director
  • Former: David Cleary (2019) — Director
  • Former: David Heiden (2019) — Director

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Stephanie Landrum — President & CEO: $272KStephanie LandrumPresident & CEO$272KMarian Marquez — Senior Vice President: $193KMarian MarquezSenior Vice President$193KChristina Mindrup — Vice President, Real Estate: $179KChristina MindrupVice President, Real Estate$179KCristina Amoruso — Dir., Small Business & Entrepreneurship: $149KCristina AmorusoDir., Small Business &…$149KElizabeth Bolton — Vice President, Strategic Communications: $149KElizabeth BoltonVice President, Strategic…$149KKelly Martin — Business Development Manager: $139KKelly MartinBusiness Development Manager$139KGary Cooley — Business Development Manager: $139KGary CooleyBusiness Development Manager$139K

The highest reported compensation on the 2025 filing was $272K, to Stephanie Landrum (President & CEO). 7 officers or directors reported compensation on that filing.

Contact

Mailing address: 1940 Duke Street 6700, Alexandria, VA 22314
Phone: (703) 739-3820
Website: https://alexandriaecon.org

Frequently asked questions about Alexandria Economic Development

How large is Alexandria Economic Development?

Alexandria Economic Development reported $2.6M in total assets on its 2025 IRS Form 990. Its revenue that year was $4.2M.

What does Alexandria Economic Development fund?

AEDP’s mission is to promote Alexandria as a premier business location by capitalizing on city assets, including its Metro stations, historic character, and riverfront location, to enhance city tax revenue and increase employment opportunities. See mission & focus areas ↑

How do I apply for a grant from Alexandria Economic Development?

Alexandria Economic Development has no public application process in the sources Grantable reviewed. Check alexandriaecon.org for current guidelines, or contact the foundation directly before submitting a request.

Where does Alexandria Economic Development make grants?

AEDP’s stated mission and described grant programs focus on the City of Alexandria, Virginia. The ALX B2B Business Association Grants were for organizations serving Alexandria business districts or qualifying business owners in the city.

What is Alexandria Economic Development's EIN?

Alexandria Economic Development's EIN (Employer Identification Number) is 54-1625093. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.

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