Alexandria Economic Development

ALEXANDRIA, VA EIN: 54-1625093 Website

The Alexandria Economic Development Partnership (AEDP) is a 501(c)(6) public-private partnership headquartered in Alexandria, Virginia. Founded in 1992, the organization serves to promote Alexandria as a premier location for businesses, entrepreneurs, nonprofits, and cutting-edge institutions of science and learning. AEDP operates through proactive business attraction and retention, marketing and promotion, and by facilitating real estate development deals that create environments to support commerce.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.9M

-23.4% YoY

Revenue

$3.9M

-6.8% YoY

Net Investment Income

$56K

+128.6% YoY

Expenses

$4.5M

+37.7% YoY

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

Mission & Focus Areas

AEDP's mission centers on economic development and community prosperity. The organization works to increase employment opportunities, strengthen the local economy to benefit all Alexandrians, and generate new tax revenues to enhance quality of life. The partnership focuses on:

Business location and expansion services
Site analysis and selection
Workforce pipeline development
Tax incentives and financing programs
Real estate development facilitation
Support for existing businesses and entrepreneurs

Grantmaking

AEDP has awarded funding to support local business associations and community organizations. In recent activity, AEDP awarded $535,000 in funding to eight Alexandria business associations. The organization also provides grants and support to community organizations, including creative financing solutions.

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Geographic Focus

Where this funder awards grants

AEDP focuses exclusively on Alexandria, Virginia and the surrounding region. The organization leverages Alexandria's unique assets, including proximity to Washington, D.C., multiple metro stations, historical charm, and riverfront location.

Grant Distribution by State

Virginia $1.0M (100%)

States

Virginia

Cities

Alexandria

Financial History

Multi-year comparison from IRS filings

Annual Revenue: $16.5 million
Total Assets: $2.9 million
Employees: 20 staff members
Founded: 1992
Tax-exempt Status: Since April 1993

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$2,911,136	$3,799,500	$2,082,614
Revenue	$3,927,401	$4,212,615	$2,718,223
Expenses	$4,547,536	$3,303,209	$2,532,863
Qualifying Distributions	—	—	—
Net Investment Income	$56,091	$24,532	$6,290
Distributable Amount	—	—	—

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

58 grants across all recorded years

Open Grants

3 open opportunities from Alexandria Economic Development

Foundation

ALX B2B Business Association Grant Program

Alexandria Economic Development

Amount

Up to $535,000 total distributed (amounts vary by organization)

Deadline

Rolling / Open

Foundation

ALX B2B Grant Program

Alexandria Economic Development

Amount

$10,000 - $20,000

Deadline

Rolling / Open

Foundation

Careers in Technology Tuition Reimbursement Program

Alexandria Economic Development

Amount

50-90% of training costs

Deadline

Rolling / Open

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

Key executives include:

Christina Mindrup, Vice President of Commercial Real Estate
Jessica Sarra, Vice President of Operations
Robert Long, Assistant Director
Scott Shaw, Board Member

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
Scott Shaw	Chair	3	—
Gabriela Clark	Director, Executive Committee	3	—
Nishita Henry	Director	1	—
Alexandra Nee	Director	1	—
John Taylor Chapman	Director	1	—
Melissa Webb	Director	1	—
Stephanie Landrum	President & CEO	40	$271,852
Elizabeth Bolton	Vice President, Strategic Communications	40	$131,539
Gary Cooley	Business Development Manager	40	$133,201
Harry Marshall	Director, Business Development	40	$156,747
Kelly Martin	Business Development Manager	40	$133,201
Christina Mindrup	Vice President, Real Estate	40	$170,817

Recent News & Activity

Recent developments and announcements

2024

**2024-2025 Initiatives:**

**The Art League Relocation:** AEDP worked with the City and Industrial Development Authority to relocate and expand the Art League's classroom space, launching the Old Town North Arts District.

2025

**Virginia Tech Innovation Campus:** The first building of Virginia Tech's graduate-level innovation campus dedicated to computer science and engineering continues development in Potomac Yard, with opening anticipated in 2025.

**Five Guys Headquarters Relocation:** The corporate headquarters of Five Guys relocated to Alexandria.

2023

**Sports and Entertainment District:** AEDP participated in announcing a proposed sports and entertainment district in December 2023.

**Small Business Services Expansion:** AEDP Small Business launched new services, renewed programming, and expanded outreach to entrepreneurs throughout Alexandria.

AEDP Awards $535,000 in Funding to Eight Alexandria Business Associations

**Startup Accelerator Program:** AEDP launched its first-ever startup accelerator program targeting artificial intelligence, robotics, and defense companies.

New startup accelerator program seeks to foster tech company growth in Alexandria