Alexandria Economic Development Partnership Inc

Organization Overview

Alexandria Economic Development Partnership Inc is located in Alexandria, VA. The organization was established in 1993. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2022, Alexandria Economic Development Partnership Inc employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alexandria Economic Development Partnership Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.

For the year ending 06/2022, Alexandria Economic Development Partnership Inc generated $2.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $2.5m during the year ending 06/2022. While expenses have increased by 1.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2021, Alexandria Economic Development Partnership Inc has awarded 651 individual grants totaling $6,562,046. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO SUPPORT EXISTING AND FUTURE BUSINESSES, DEVELOPMENT, AND ECONOMIC GROWTH IN ALEXANDRIA

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROMOTES THE ECONOMIC DEVELOPMENT OF THE COMMUNITY BY ACQUIRING AND DISSEMINATING INFORMATION AND STATISTICS TO BUSINESS WHICH MAY CONSIDER RELOCATION TO THE CITY.


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Board, Officers & Key Employees

Name (title)Compensation
Scott Shaw
Chair
$0
Ross Baird
Director
$0
Gabriela Canamar Clark
Director
$0
Marcy Anderson
Director
$0
Nishita Henry
Director
$0
Aj Jackson
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $2,703,036
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,703,036
Total Program Service Revenue$5,000
Investment income $6,290
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,718,223

Grants Awarded

Over the last fiscal year, Alexandria Economic Development Partnership Inc has awarded $6,562,046 in support to 651 organizations.

Grant RecipientAmount

STUDIO BODY LOGIC

PURPOSE: COVID-19 Small Business Relief

$10,000

DA SERVICE INC

PURPOSE: COVID-19 Small Business Relief

$10,000

ALEXANDRIA PET CARE INC

PURPOSE: COVID-19 Small Business Relief

$10,000

J & J ORIENTAL RUG GALLERY

PURPOSE: COVID-19 Small Business Relief

$10,000

ROSA FAMILY CHIROPRACTIC OF ALEXANDRIA

PURPOSE: COVID-19 Small Business Relief

$10,000

POTOMAC MAIDS LLC

PURPOSE: COVID-19 Small Business Relief

$10,000
View Grant Profile

Peer Organizations

Organization NameAssets
Memphis Convention And Visitors Bureau
Memphis, TN
$18,472,607
Purchase Area Development District Inc
Mayfield, KY
$14,269,202
Tennessee Technology Development Corporation
Nashville, TN
$13,419,783
Richmond Metropolitan Convention & Vistors Bureau
Richmond, VA
$18,502,068
Chattanooga Area Convention And Visitors Bureau Inc
Chattanooga, TN
$12,349,629
Wayne County Development Allianceinc
Goldsboro, NC
$10,960,205
Nash-Edgecombe Wilson Community Action Inc
Rocky Mount, NC
$10,587,622
East Baltimore Development Inc
Baltimore, MD
$30,262,944
The Center For Kentucky Rural Economic Development Inc
Somerset, KY
$8,257,213
Tri-County Council For Southern Maryland
Hughesville, MD
$8,843,423
National Skills Coalition
Washington, DC
$16,123,273
Knoxville Convention & Visitors Bureau Inc
Knoxville, TN
$10,096,746
Montgomery County Economic Development Corporation
Rockville, MD
$7,205,268
Kentucky Highlands Investment Corporation
London, KY
$8,002,017
Calvert Impact Inc
Bethesda, MD
$9,069,724
Center For Regional Economic Competitiveness
Arlington, VA
$5,182,427
Mdc Inc
Durham, NC
$15,380,803
Patriot Majority Usa
Washington, DC
$5,477,247
Ohio Valley Industrial And Business Development Corporation
Wheeling, WV
$6,632,706
Rural Coalition
Washington, DC
$5,258,670
Blount Partnership
Maryville, TN
$4,967,390
Fairfax County Convention And Visitors Corporation
Fairfax, VA
$4,753,430
Alexandria Convention And Visitors Association Inc
Alexandria, VA
$4,587,998
Roanoke Valley Convention And Vis- Itors Bureau
Roanoke, VA
$4,018,675
Washington Dc Economic Partnership
Washington, DC
$4,500,363

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