Virginia · Nonprofit
ALEXANDRIA HOUSING DEVELOPMENT CORPORATION
ALEXANDRIA HOUSING DEVELOPMENT CORPORATION (Virginia) receives grants from 8 organizations whose IRS filings report $357,670 to it, the largest being ACT FOR ALEXANDRIA ($209,850). 4 of them have funded it in more than one year, and 59% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2024
- $17M
- Funders on record
- 8
- Grants received
- $358k
- Net assets
- $-8729861
What Alexandria Housing Development Corporation does
Mission
The organization's primary exempt purpose is to develop and preserve affordable housing in the city of alexandria, va.
As stated on its FY2024 Form 990.
Programs
The organization acquired parkstone alexandria apartments on january 28, 2020. The organization owns and operates this 326-unit apartment complex located in alexandria, virginia. The organization is the sole member and developer for ahdc pc dr, llc.
$11,819,908 spent$8,359,977 earned by the program64% of program spendingIn february 2022, the organization acquired the square at 511 (formally park vue apartments). This acquisition preserved a market rate property for permanent affordability. As a result of this acquisition by the organization, all 196 units will be permanently restricted to rents not to exceed 60% of area median income. In may of 2024, the organization refinanced the square at 511 apartments. Housing alexandria was one of the first organizations to close the amazon acquisition loan. In total, the organization was able to return to amazon just under $20 million from the original acquisition.
$4,621,787 spent$4,105,956 earned by the program25% of program spendingThe shared equity homeownership program was finalized in 2023. The project under this program is under construction. Housing alexandria seminary road development will make homebuying more affordable in alexandria by building 36 new homes for families. The organization continued construction of cardinal path townhome project with aims of completion in 2025. The development uses a shared equity homeownership model with 36 homes. This work also develops an expanded service space for sheltered homes of alexandria, which provides housing and supportive services for adults with intellectual and developmental disabilities.
$1,545,140 spent$1,315,686 earned by the program8% of program spendingThe organization acquired ellsworth apartments on september 5, 2019. The organization owns and operates this 20-unit apartment complex located in alexandria, virginia. The organization is the sole member and developer for ahdc ellsworth, llc.
$438,559 spent$382,695 earned by the program2% of program spendingThe organization has acquired a residential unit for the purpose of providing rental housing, at no cost, to a retired city of alexandria police officer.
$0 spent$1,200 earned by the program0% of program spendingGroundbreaking on the sans/naja building began in 2023. The project will create 474 affordable housing units, 100 of which will be available at a deeply affordable 40% median area income threshold. The city of alexandria has approved $64 million for the project, and virginia housing has approved $16.8 million.in 2024, the organization launched its rent ready program in alexandria with a focus on arlandria, where the sans project will be located. Thirteen classes were hosted in the arlandria-chirilagua community, including seven informational sessions and six skill-building courses. The goal of rent ready is to help the over 230 enrolled families increase the completion rate for applications to ensure individuals and families face minimal issues when moving in, facilitating access to affordable and smooth housing transitions. In the end of 2024, the organization closed on financing for phase 1 of the sans project. The real estate team signed up approximately $50 million in equity and over $70 million in construction-to-permanent debt. This is in addition to financial support from the city of alexandria, which totals $78 million for the entire project. The sans/naja development is…
$0 spent$80,887 earned by the program0% of program spending
The 6 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $18,425,394.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $22M to $130M (+491%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 28% · 2018 8% · 2019 9% · 2020 10% · 2021 9% · 2022 4% · 2023 6% · 2024 3%. Grants only. Government contracts and fees sit inside program revenue.
13% of ALEXANDRIA HOUSING DEVELOPMENT CORPORATION’s revenue is contributions — about as donation-reliant as the typical peer (13% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 6 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Jon Frederick
President & CEO
Board chair
Daniel Abramson
Chair
As listed on its FY2024 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 1 funder to 2 funders, grant income fell $20k → $3k.
2 of 8 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 59% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of ALEXANDRIA HOUSING DEVELOPMENT CORPORATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
ALEXANDRIA HOUSING DEVELOPMENT CORPORATION leans on a few funders — its largest provides 59% of grant income and the top three 89%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
81% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund ALEXANDRIA HOUSING DEVELOPMENT CORPORATION.
Largest funder’s share by year: 2017 100% · 2018 58% · 2019 65% · 2020 67% · 2021 100% · 2022 66% · 2023 98% — broadly stable.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
40% of ALEXANDRIA HOUSING DEVELOPMENT CORPORATION's funders are still giving 3 years after their first grant; 50% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
59% of ALEXANDRIA HOUSING DEVELOPMENT CORPORATION's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $148k that is directly attributable, 78% of it comes from funders outside Virginia, across 5 states.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $210k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
ALEXANDRIA HOUSING DEVELOPMENT CORPORATION has grown faster than three-quarters of the 817 housing & shelter nonprofits its size.
this organization peer median middle 50% of peers· 817 housing & shelter nonprofits $10M–$100M, FY2024
Organizations like ALEXANDRIA HOUSING DEVELOPMENT CORPORATION
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Virginia
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
91% of spending goes to programs.
Governance
Public support
72%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Part of a family of 22 related entities
- Ahdc Rpo Unit #1 LLC · disregarded
- Ahdc Ellsworth LLC · disregarded
- Ahdc PC Dr LLC · disregarded
- Ahdc Acquisition I LLC · disregarded
- Ahdc Four Mile Rd LLC · disregarded
Screen this organization
A dated, signed PDF of the compliance screen for ALEXANDRIA HOUSING DEVELOPMENT CORPORATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds ALEXANDRIA HOUSING DEVELOPMENT CORPORATION?
- ALEXANDRIA HOUSING DEVELOPMENT CORPORATION (Virginia) receives grants from 8 organizations whose IRS filings report $357,670 to it, the largest being ACT FOR ALEXANDRIA ($209,850). 4 of them have funded it in more than one year, and 59% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does ALEXANDRIA HOUSING DEVELOPMENT CORPORATION have?
- IRS filings report 8 organizations giving $357,670 in grants to ALEXANDRIA HOUSING DEVELOPMENT CORPORATION, 4 of which have funded it in more than one year.
- Who is the largest funder of ALEXANDRIA HOUSING DEVELOPMENT CORPORATION?
- ACT FOR ALEXANDRIA is the largest funder on record, with $209,850 in grants. The full list of funders is on this page.
- How can an organization like ALEXANDRIA HOUSING DEVELOPMENT CORPORATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Virginia. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 8 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing