VIETNAMESE AMERICAN INITIATIVE FOR DEVELOPMENT INC

DORCHESTER, MA, 02122-1441 (617) 822-3717 Est. 1994 EIN 04-3289039
L21 - Low-Income & Subsidized Rental Housing 990 - Public charity return 501(c)(3)
www.vietaid.org

Mission

VIETAID'S MISSION IS TO BUILD A STRONG VIETNAMESE COMMUNITY AND A VIBRANT FIELDS CORNER THROUGH THE FOLLOWING MEASURES: PROMOTING CIVIC ENGAGEMENT AND COMMUNITY BUILDING; DEVELOPING AFFORDABLE HOUSING AND COMMERCIAL SPACE; ENRICHING YOUTH LEADERSHIP; OFFERING HIGH-QUALITY CHILD AND SENIOR CARE; AND PROVIDING DIVERSE DIRECT AND SOCIAL SERVICES.

Giving Portfolio

Total Grants
1
Total Giving
$450K
Recipients
1
Years Active
2020
Avg grant: $449,900 Median: $449,900

Sectors Funded

Housing & Shelter
1

Top States

Massachusetts
1

Grantee Size Profile

$100K - $500K
1

Top Grantees

Grants Awarded · 1 grants

Looking for grants like these from other funders? Sign up free to search 16M+ grants.

Financials

Total Revenue
$2,041,022
Total Expenses
$1,861,004
Net Assets
$3,439,770
25 employees 54 volunteers
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
22.2 months Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↓ 14.9%
Expenses ↓ 29.5%
Revenue Sources
Contributions 77.5% Earned revenue 19.0% Investment 1.5% Other 2.0%
Expense Breakdown
Program 76.1% Management 23.9%

Officers & Trustees (9)

Individual compensation is available on Grow plans.

Filing History (7 filings)

YearRevenueExpensesNet Assets
2024 990 - Public charity return
Jan 1, 2024 to Dec 31, 2024
$2,041,022 ↓$1,861,004$3,439,770
2023 990 - Public charity return
Jan 1, 2023 to Dec 31, 2023
$2,398,830 ↑$2,641,398$3,259,752
2022 990 - Public charity return
Jan 1, 2022 to Dec 31, 2022
$1,939,615 ↓$2,104,763$3,502,320
2021 990 - Public charity return
Jan 1, 2021 to Dec 31, 2021
$2,891,262 ↓$2,480,925$3,667,468
2020 990 - Public charity return
Jan 1, 2020 to Dec 31, 2020
$2,901,778 ↑$2,203,203$3,257,131
2019 990 - Public charity return
Jan 1, 2019 to Dec 31, 2019
$1,143,845 ↓$1,649,424$2,558,556
2018 990 - Public charity return
Jan 1, 2018 to Dec 31, 2018
$1,216,568 $1,807,143$3,064,135

Find more like this.

Sign up free to search 16M+ grants and see similar organizations on every nonprofit profile.

Sign Up Free

No credit card required.

EIN: 04-3289039 · Source: IRS Form 990 e-file data