Vid Desai
Office of Digital Transformation Chief Information Officer (Departed Administration)
Observations
- Millionaire
Estimated Net Worth
- $4.1 M - $12.8 M
Salary
- Unknown
Employment
- Started 09/01/2021
Departed Administration
- Yes
Records
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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