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Filing year 2024

VIETNAMESE AMERICAN INITIATIVE FOR DEVELOPMENT INC

Dorchester, Massachusetts·EIN 04-3289039·NTEE L21 · Housing & Shelter·501(c)(3)
Total revenue
$2M
Total assets
$8.2M
Total expenses
$1.9M
Reported officers
9
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.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at Housing & Shelter organizations in Massachusetts.

Executive Director
Median to 75th percentile
$131k
$139k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 8 unpaid individuals.

Browse compensation in Housing & Shelter

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at VIETNAMESE AMERICAN INITIATIVE FOR DEVELOPMENT INC equaled 7% of the organization's total expenses. The median for housing & shelter organizations is 7%.

This organization (2024)
7%
Sector median
7%
Middle half of sector
3% to 16%

Based on 7,888 housing & shelter organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Down 6%
from 2023

From $139k in 2023 to $131k in 2024.

$139k
2023
$131k
2024
In today's dollarsEst.
Down 9% in real terms$153k to $139k

Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay fell 6% from 2023 to 2024, while revenue fell 15%.

$139k in 2023 to $131k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about VIETNAMESE AMERICAN INITIATIVE FOR DEVELOPMENT INC

What does the Chief Executive Officer of VIETNAMESE AMERICAN INITIATIVE FOR DEVELOPMENT INC earn?

In 2024, the Chief Executive Officer of VIETNAMESE AMERICAN INITIATIVE FOR DEVELOPMENT INC received $130,585 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Housing & Shelter organizations in Massachusetts, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at VIETNAMESE AMERICAN INITIATIVE FOR DEVELOPMENT INC compare with similar nonprofits?

Compared with the same role at Housing & Shelter organizations in Massachusetts, the 2024 pay of the Chief Executive Officer at VIETNAMESE AMERICAN INITIATIVE FOR DEVELOPMENT INC falls between the median and the 75th percentile. In 2024, the highest total compensation at VIETNAMESE AMERICAN INITIATIVE FOR DEVELOPMENT INC equaled 7% of the organization's total expenses. The median for housing & shelter organizations is 7%.

What are VIETNAMESE AMERICAN INITIATIVE FOR DEVELOPMENT INC's revenue and expenses?

In 2024, VIETNAMESE AMERICAN INITIATIVE FOR DEVELOPMENT INC reported $2M in total revenue and $1.9M in total expenses on its IRS Form 990.

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