Overview

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Est.

1994

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

The Vietnamese American Initiative for Development Inc (VIETAID) is a nonprofit organization dedicated to fostering a strong Vietnamese community and a vibrant Fields Corner through its mission of promoting civic engagement, developing affordable housing, enriching youth leadership, and providing high-quality care services. With an operating budget of $1.9 million and total revenue of $2 million for the 2024 filing year, VIETAID focuses on public housing and entrepreneurship, relying on a diverse range of funders without a single source contributing 50% or more of its revenue. For more information, visit their website at www.vietaid.org.

Mission Statement

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.
Revenues
$2M
Expenses
$1.9M
Net Income:
+$180K
Assets
$8.2M
Liabilities
$4.8M
Net Assets:
+$3.4M
Operating Budget
$1.9M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
10
Median grant size
$22.5K
Largest grant received
$250K
G
George Huynh
Board Member
K
Kim Thai
Board Member
D
Danielle Goatley
Board Member

Frequently Asked Questions

What is VIETNAMESE AMERICAN INITIATIVE FOR DEVELOPMENT INC’s budget?
In 2024, VIETNAMESE AMERICAN INITIATIVE FOR DEVELOPMENT INC reported an annual operating budget of around $1.9 million. More detailed financial information is available to registered users.
What causes does VIETNAMESE AMERICAN INITIATIVE FOR DEVELOPMENT INC support?
VIETNAMESE AMERICAN INITIATIVE FOR DEVELOPMENT INC supports work in Entrepreneurship and Public housing.
Where does VIETNAMESE AMERICAN INITIATIVE FOR DEVELOPMENT INC operate?
VIETNAMESE AMERICAN INITIATIVE FOR DEVELOPMENT INC is headquartered in Dorchester, MA.
Who funded VIETNAMESE AMERICAN INITIATIVE FOR DEVELOPMENT INC recently?
In 2025, VIETNAMESE AMERICAN INITIATIVE FOR DEVELOPMENT INC received grants from CHILDREN'S INVESTMENT FUND INC, Boston Foundation, Inc, and Boston Foundation, Inc. More information on this organization’s funders is available to registered users.
What is the largest grant VIETNAMESE AMERICAN INITIATIVE FOR DEVELOPMENT INC received in 2024?
The largest grant to VIETNAMESE AMERICAN INITIATIVE FOR DEVELOPMENT INC in 2024 exceeds $250 thousand.
What is VIETNAMESE AMERICAN INITIATIVE FOR DEVELOPMENT INC’s reliance on government grants?
VIETNAMESE AMERICAN INITIATIVE FOR DEVELOPMENT INC relied on government grants for more than 45% of their total revenue in 2024.