Nonprofit · EIN 04-3289039
VIETNAMESE AMERICAN INITIATIVE FOR DEVELOPMENT INC
Tax-exempt · DORCHESTER, MA 02122
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $3,265,240 | $2,496,106 | $769,134 | $17,813,487 | $13,604,583 | $4,208,904 |
| December 31, 2024 | 990 | $2,041,022 | $1,861,004 | $180,018 | $8,237,266 | $4,797,496 | $3,439,770 |
| December 31, 2023 | 990 | $2,398,830 | $2,641,398 | -$242,568 | $6,572,826 | $3,313,074 | $3,259,752 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $2,124,753
- of which government grants
- $1,026,340
- Program service revenue
- $918,573
- Investment income
- $32,999
- Other revenue
- $188,915
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $136,946
- Other salaries and wages
- $1,012,516
- Salaries, compensation and benefits (total)
- $1,300,208
- Professional fundraising fees
- $0
- Legal fees
- $515
- Accounting fees
- $64,705
- Occupancy
- $164,129
- Depreciation
- $166,299
- Program services (functional)
- $2,028,987
- Management and general (functional)
- $466,088
- Fundraising (functional)
- $1,031
Balance sheet and other
- Total assets, start of year
- $8,237,266
- Total assets, end of year
- $17,813,487
- Total liabilities, end of year
- $13,604,583
- Net assets, end of year
- $4,208,904
- Land, buildings and equipment
- $2,682,246
- Net assets without donor restrictions
- $3,520,881
- Net assets with donor restrictions
- $688,023
- Gross receipts
- $3,265,240
- Employees
- 26
- Volunteers
- 61
- Year formed
- 1994
- State of legal domicile
- MA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| GEORGE HUYNH | EXECUTIVE DIRECTOR Officer | 40 | $127,666 | $6,946 |
| JOHN HO | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| DANIELLE GOATLEY | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| KERRY MCGOWAN | CLERK Trustee or director, Officer | 1 | $0 | $0 |
| KHANG NGUYEN | MEMBER Trustee or director | 1 | $0 | $0 |
| JIM COLLINS | MEMBER Trustee or director | 1 | $0 | $0 |
| AISHA MILLER | MEMBER Trustee or director | 1 | $0 | $0 |
| THERESA TRAN | MEMBER Trustee or director | 1 | $0 | $0 |
| KEVIN TRAN | MEMBER Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2024: 9 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| GEORGE HUYNH | EXECUTIVE DIRECTOR Officer | 40 | $126,735 | $3,850 |
| KIM THAI | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| JOHN HO | CO-CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| DANIELLE GOATLEY | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| KERRY MCGOWAN | CLERK Trustee or director, Officer | 1 | $0 | $0 |
| KHANG NGUYEN | MEMBER Trustee or director | 1 | $0 | $0 |
| JIM COLLINS | MEMBER Trustee or director | 1 | $0 | $0 |
| AISHA MILLER | MEMBER Trustee or director | 1 | $0 | $0 |
| THERESA TRAN | MEMBER (AS OF 2024) Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| GEORGE HUYNH | EXECUTIVE DIRECTOR Officer | 37 | $129,893 | $8,985 |
| KIM THAI | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| DANIELLE GOATLEY | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| KERRY MCGOWAN | CLERK Trustee or director, Officer | 1 | $0 | $0 |
| KHANG NGUYEN | MEMBER Trustee or director | 1 | $0 | $0 |
| JIM COLLINS | MEMBER Trustee or director | 1 | $0 | $0 |
| AISHA MILLER | MEMBER Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 42 CHARLES STREET E, DORCHESTER, MA 02122-1441
- In care of
- % HIEP CHU
- Principal officer (990 for 2025)
- GEORGE HUYNH, 42 CHARLES STREET E, DORCHESTER, MA 02122
- Signed the 990
- GEORGE HUYNH, EXECUTIVE DIRECTOR
- Phone
- (617) 822-3717
- Website
- WWW.VIETAID.ORG
- Return prepared by
- AAFCPAS INC
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 SERVICES; AND PROVIDING DIVERSE DIRECT AND SOCIAL SERVICES.
Program accomplishments
- REAL ESTATE DEVELOPMENT - AS A COMMUNITY DEVELOPMENT CORPORATION, VIETAID'S PRIMARY GOAL IS TO DEVELOP AFFORDABLE HOUSING TO SUPPORT STABILIZING THE WORKING CLASS CORE OF DORCHESTER. ONE WAY WE HAVE WORKED TO ACHIEVE THIS GOAL IS BY BUILDING AFFORDABLE HOUSING DEVELOPMENTS AND DEED RESTRICTING THEM IN PERPETUITY TO CREATE STABILITY AMONG HOUSING OFFERINGS IN THE COMMUNITY. VIETAID HAS DEVELOPED FIVE SIGNIFICANT, MIXED-USE AFFORDABLE HOUSING PROJECTS, ALL OF WHICH ARE LOCATED WITHIN A HALF-MILE RADIUS OF PUBLIC TRANSPORTATION IN DORCHESTER. VIETAID HAS HIRED TRINITY MANAGEMENT, LLC, A COMPANY THAT SPECIALIZES IN MANAGING AFFORDABLE HOUSING IN AN URBAN SETTING, TO MANAGE OUR PORTFOLIO OF 123 AFFORDABLE RENTAL UNITS THAT PROVIDE AFFORDABLE AND QUALITY HOUSING TO OVER 123 FAMILIES AND INDIVIDUALS. WE HELP APPLICANTS NAVIGATE LOW-INCOME HOUSING TAX CREDITS (LIHTC) AND THE MASSACHUSETTS RENTAL VOUCHER PROGRAMS (MVRP).AS A MASSACHUSETTS HOMEOWNERSHIP COLLABORATIVE APPROVED COUNSELING AGENCY, VIETAID SUPPORTS FAMILIES THROUGH THE PROCESS OF RENTING A HOME OR ACQUIRING AFFORDABLE HOUSING, INCLUDING UNDERSTANDING TENANT AND LANDLORD'S RIGHTS AND RESPONSIBILITIES AND NAVIGATING THE CONTRACT BETWEEN THE HOUSING AGENT, LANDLORD, AND TENANT. VIETAID'S FIRST-TIME HOMEBUYER TRAINING TEACHES ABOUT BASIC HOME PURCHASING, FINANCING APPLICATION PROCEDURES, BUILDING CREDIT, MORTGAGE QUALIFICATION, FINANCIAL LITERACY, AND HOMEOWNERSHIP. VIETAID IS THE ONLY PROGRAM IN MASSACHUSETTS THAT PROVIDES HOME BUYING COUNSELING IN VIETNAMESE. WE HAVE ASSISTED OVER 400 FAMILIES THROUGH HOUSING COUNSELING PROGRAMS AND CERTIFIED APPROXIMATELY 600 LIMITED ENGLISH PROFICIENT INDIVIDUALS IN OUR TEN-HOUR WORKSHOPS. VIETAID HELPS LOW-INCOME FAMILIES IMPROVE THEIR INCOME AS WELL AS ACCUMULATE AND EXPAND FAMILY WEALTH BY EDUCATING 250-300 PROSPECTIVE HOMEBUYERS/HOMEOWNERS ON THE HOME-BUYING PROCESS AND HOMEOWNERSHIP, ASSISTING 40-50 GRADUATES IN PURCHASING THEIR FIRST HOMES, AND ASSISTING 100 HOMEOWNERS TO ACCESS RESOURCES TO RETROFIT OR REPAIR THEIR HOMES.Expenses $698,036 · revenue $1,015,571
- COMMUNITY ORGANIZING AND SUPPORT - VIETAID PARTICIPATES IN AND HOSTS A NUMBER OF EVENTS THROUGHOUT THE YEAR, RECOGNIZING THAT THE CELEBRATION OF A VARIETY OF OCCASIONS ARE KEY TO BUILDING A SENSE OF UNITY AND BELONGING WITHIN THE COMMUNITY. SOME OF THESE INCLUDE: TET, THE VIETNAMESE LUNAR NEW YEAR; DORCHESTER DAY PARADE; AND MANY MORE. IN ADDITION TO VIETAID LED EVENTS, WE ALSO COLLABORATE WITH A WIDE RANGE OF COMMUNITY ORGANIZATIONS AND PARTNERS TO HELP BROADEN OUR REACH IN ENGAGEMENT. WE PARTICIPATE THROUGH VARIOUS MEANS SUCH AS BEING PART OF OTHER HOSTED EVENTS OR COMMUNITY MEETINGS. SOME OF THESE INCLUDE: A TET TALK AT THE MUSEUM OF FINE ARTS; LOVE YOUR BLOCK (A CITY-WIDE CLEAN-UP INITIATIVE); AND MORE.BEYOND CULTURAL CELEBRATIONS AND COMMUNITY SERVICE, VIETAID IS COMMITTED TO PROMOTING SOCIAL JUSTICE AND ADVOCATING FOR AND WITH COMMUNITY MEMBERS ON A NUMBER OF ISSUES. OVER THE YEARS, OUR ORGANIZATION HAS LED CANVASSING EFFORTS FOR INCREASED CIVIC ENGAGEMENT, ENGAGED IN ACTIONS AGAINST DISPLACEMENT, AND SUPPORTED MANY OTHER MOVEMENTS THAT IMPACT OUR COMMUNITY.OLDER ADULT PROGRAM: IN 2018, VIETAID TOOK OVER A DROP IN DAY PROGRAM FOR OLDER ADULTS IN THE DORCHESTER NEIGHBORHOOD. THE ONLY FREE PROGRAM, THIS PROGRAM PROMOTES HEALTHY AGING THROUGH WELLNESS AND CIVIC ENGAGEMENT. BETWEEN 85-120 PARTICIPANTS VISIT THE PROGRAM ON A DAILY BASIS.Expenses $465,079
- EARLY EDUCATION - FOUNDED IN 2005, AU CO PRESCHOOL IS THE FIRST AND ONLY VIETNAMESE BILINGUAL AND BICULTURAL PRESCHOOL PROGRAM IN MASSACHUSETTS. AU CO IS A MASSACHUSETTS DEPARTMENT OF EARLY EDUCATION AND CARE CERTIFIED PROGRAM. MOST CHILDREN ARE SUPPORTED WITH TUITION SUPPORT FROM THE GOVERNMENT OR OUR SCHOLARSHIP PROGRAM. RUN BY SEVEN, EXPERIENCED BILINGUAL AND BICULTURAL DAYCARE PROVIDERS, AU CO PREPARES OUR STUDENTS TO ENROLL IN KINDERGARTEN IN THE BOSTON PUBLIC SCHOOLS WITH AN APPROACH TO EDUCATION THAT SUPPORTS PHYSICAL, SOCIAL, EMOTIONAL, AND COGNITIVE DEVELOPMENT. SPANISH AND PORTUGUESE LANGUAGE SUPPORT ALSO AVAILABLE. OUR CLASSROOMS HAVE A STUDENT: TEACHER RATIO OF 8:1.Expenses $781,346 · revenue $11,242
- VIETNAMESE COMMUNITY CENTER LLC - IN 2001, VIETNAMESE RESIDENTS IN DORCHESTER DECIDED TO BUILD A CENTER AT THE HEART OF THE VIETNAMESE COMMUNITY IN MASSACHUSETTS. THE CENTER WOULD BE A BRAND NEW COMPLEX WITH A NON-PROFIT TENANT GROUP PROVIDING A COMPREHENSIVE MIX OF SERVICES TO MEET THE NEEDS OF VIETNAMESE REFUGEES AND IMMIGRANTS. THE VIETNAMESE AMERICAN COMMUNITY CENTER (VACC) WAS A MAJOR COMMUNITY PROJECT COORDINATED BY VIETAID STAFF AND A 28 MEMBER COMMUNITY CENTER STEERING COMMITTEE. THIS COMMITTEE INVOLVED 100 ADDITIONAL VOLUNTEERS, WHO SUCCESSFULLY RAISED MORE THAN $140,000 FROM OVER 1,000 INDIVIDUALS AND BUSINESSES FOR THE PROJECT. THE ORGANIZING COMMITTEE ULTIMATELY RAISED $5.1 MILLION FROM GRASSROOTS, MAJOR CORPORATE AND FOUNDATION SUPPORTERS, AND GOVERNMENT AGENCIES TO FUND THE CONSTRUCTION PROJECT IN ITS ENTIRETY. THE CENTER'S PLANNING PROCESS BUILT LEADERSHIP WITHIN THE VIETNAMESE COMMUNITY BY ENGAGING VIETNAMESE-SPEAKING RESIDENTS TO IDENTIFY ISSUES AND NEEDS, MOBILIZING OTHER RESIDENTS' SUPPORT, AND ASSISTING VIETAID TO INCORPORATE THE COMMUNITY'S INPUT IN THE CENTER'S DEVELOPMENT PHASES. TO THIS DAY, THE COMMUNITY CENTER REMAINS A SAFE AND WELCOMING SPACE WHERE DORCHESTER RESIDENTS CAN CELEBRATE, ORGANIZE, GATHER, AND ACCESS NEEDED SERVICES. THE VACC SERVES A PLACE FOR THE COMMUNITY TO COME TOGETHER AND TAKE PART IN OR LEARN ABOUT PROGRAMS THAT CAN HELP THEM IMPROVE THEIR HEALTH, EDUCATION, FINANCIAL WELL-BEING, AND MORE. THE VACC HOUSES VIETAID'S DAY-CARE PROGRAM, WHICH SERVES 45 PRE-SCHOOL AGE CHILDREN, AS WELL AS OUR YOUTH DEVELOPMENT PROGRAM AND DROP IN DAY PROGRAM FOR AGING ADULTS. VIETAID IS JUST ONE OF SEVERAL COMMUNITY ORGANIZATIONS THAT OPERATES OUT OF THE VACC. ON ANY GIVEN DAY, AS MANY AS 200 CHILDREN, YOUTH, AND ADULTS ACCESS SERVICES IN THE BUILDING.Expenses $84,526 · revenue $80,675
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 04-3289039
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1996
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L21)
- Assets (IRS master file)
- $17,813,487
- Income (IRS master file)
- $3,265,240
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $3,265,240 | $2,496,106 | $17,813,487 | XML |
| 990 | December 2024 | $2,041,022 | $1,861,004 | $8,237,266 | XML |
| 990 | December 2023 | $2,398,830 | $2,641,398 | $6,572,826 | XML |
| 990 | December 2022 | $1,939,615 | $2,104,763 | $5,585,930 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-3289039).
Questions about VIETNAMESE AMERICAN INITIATIVE FOR DEVELOPMENT INC
- What is the EIN of VIETNAMESE AMERICAN INITIATIVE FOR DEVELOPMENT INC?
- The employer identification number (EIN) of VIETNAMESE AMERICAN INITIATIVE FOR DEVELOPMENT INC is 04-3289039.
- Is VIETNAMESE AMERICAN INITIATIVE FOR DEVELOPMENT INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
- Are donations to VIETNAMESE AMERICAN INITIATIVE FOR DEVELOPMENT INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does VIETNAMESE AMERICAN INITIATIVE FOR DEVELOPMENT INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of VIETNAMESE AMERICAN INITIATIVE FOR DEVELOPMENT INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did VIETNAMESE AMERICAN INITIATIVE FOR DEVELOPMENT INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of VIETNAMESE AMERICAN INITIATIVE FOR DEVELOPMENT INC?
- The 990 for the year ended December 31, 2025 names GEORGE HUYNH.
- Who are the officers and directors of VIETNAMESE AMERICAN INITIATIVE FOR DEVELOPMENT INC?
- The 990 for the year ended December 31, 2025 lists 9 people; 1 received compensation from the organization, the highest $127,666 (GEORGE HUYNH, EXECUTIVE DIRECTOR).
- How much revenue does VIETNAMESE AMERICAN INITIATIVE FOR DEVELOPMENT INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $3,265,240, expenses of $2,496,106 and total assets of $17,813,487 at year end.
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