Vid Desai
Office of Digital Transformation Chief Information Officer
Observations
  • Millionaire
Estimated Net Worth
  • estimated net worth
    $4.1 M - $12.8 M
Salary
  • salary
    Unknown
Employment
  • Started 09/01/2021

Financial Disclosure Details - OGE Form 278e (05/16/2022)

Positions Held Outside United States Government

#
Organization
City
Position
To
1
Cary, North Carolina
Secretary/Treasu rer
Present
2
Cary, North Carolina
Member/Organiz er
Present

Employment Assets & Income and Retirement Accounts

#
Description
Value
Income Type
Income Amount
1
Fidelity Rollover Individual Retirement Account
1.1
Fidelity 500 Index Fund (FXAIX)
$15,001 - $50,000
None (or less than $201)
1.2
Fidelity Balanced Fund (FBALX)
$100,001 - $250,000
None (or less than $201)
1.3
Fidelity Diversified International Fund (FDIVX)
$100,001 - $250,000
None (or less than $201)
1.4
Fidelity Freedom 2030 Fund (FFFEX)
$1,001 - $15,000
None (or less than $201)
1.5
Fidelity Growth Co Fund (FDGRX)
$50,001 - $100,000
None (or less than $201)
1.6
Fidelity International Index Fund (FSPSX)
$1,001 - $15,000
None (or less than $201)
1.7
Fidelity Puritan Fund (FPURX)
$100,001 - $250,000
None (or less than $201)
1.8
Harbor Capital Appreciation Fund Instl Cl (HACAX)
$100,001 - $250,000
None (or less than $201)
1.9
MSIF Global Opportunity Portfolio Class A (MGGPX)
$15,001 - $50,000
None (or less than $201)

Employment Agreements and Arrangements

#
Employer Or Party
City
Status And Terms
Date
Nothing reported in this section

Sources of Compensation Exceeding $5,000 in a Year

#
Source
City
Duties
Nothing reported in this section

Spouse's Employment Assets & Income and Retirement Accounts

#
Description
Value
Type
Amount
1
Fidelity IRA Nupam
1.1
AMCAP Fund, Class A Shares A (AMCPX)
$15,001 - $50,000
None (or less than $201)
1.2
American Funds Investment Co of America A (AIVSX)
$1,001 - $15,000
None (or less than $201)
1.3
Capital Income Builder Cl A Shs (CAIBX)
None (or less than $1,001)
None (or less than $201)
1.4
New Perspective Fund, Class A Shares (ANWPX)
$1,001 - $15,000
None (or less than $201)
1.5
The Bond Fund of America, Class A Shares (ABNDX)
$1,001 - $15,000
None (or less than $201)
1.6
The Growth Fund of America Class A Shares (AGTHX)
$1,001 - $15,000
None (or less than $201)
2
Fidelity SEP IRA Nupam
2.1
American Funds Investment Co of America A (AIVSX)
$15,001 - $50,000
None (or less than $201)
2.2
American Funds SMALLCAP World A (SMCWX)
$1,001 - $15,000
None (or less than $201)

Other Assets and Income

#
Description
Value
Type
Amount
1
VCSP (College America) 529 College Savings Plan (DC #1)
1.1
AMCAP Fund (CAFAX)
$1,001 - $15,000
None (or less than $201)
1.2
American Balanced Fund (CLBAX)
$1,001 - $15,000
None (or less than $201)
1.3
New Perspective Fund (CNPAX)
$1,001 - $15,000
None (or less than $201)
1.4
The Bond Fund of America (CFAAX)
$1,001 - $15,000
None (or less than $201)
1.5
Growth Fund of America Class 529-A Shares (CGFAX)
$1,001 - $15,000
None (or less than $201)
1.6
The Investment Company of America (CICAX)
$1,001 - $15,000
None (or less than $201)
2
VCSP (College America) College Savings Plan (DC #2)
2.1
AMCAP Fund (CAFAX)
$1,001 - $15,000
None (or less than $201)
2.2
American Balanced Fund (CLBAX)
$1,001 - $15,000
None (or less than $201)

Transactions

#
Description
Type
Date
Amount
Nothing reported in this section

Liabilities

#
Creditor
Amount
Incurred
Term
Nothing reported in this section

Gifts and Travel Reimbursements

#
Source Name
City
Description
Value
Nothing reported in this section

Endnotes

Section
#
Description
2
2
Filer owns entity which transacts business as a hotel. Provides limited services. His brother runs hotel.
2
3
Business is dormant status.
5
3
Spouse is a co-owner with the filer of this business that provides IT consulting services
6
18
Part owner of a dormant business that collects a fixed loan payment from the seller of property previously held by the business.

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