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Oh 123rd Street Housing Development Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 208873951 ✦ New york, NY ✦ Designated as a 501(c)(4)

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Overview

What is Oh 123rd Street Housing Development Corporation?

Oh 123rd Street Housing Development Corporation is a nonprofit organization based in New York City, specifically at 120 Wall Street, 17th Floor, New York, NY 10005. Their primary mission revolves around assisting in the development and construction of low-income housing. They generate interest income from funding these projects, focusing on providing affordable housing solutions to those in need. Although the information provided does not specify the global reach of their initiatives, it is evident that they are dedicated to making a significant impact on housing for the less fortunate within their local community.


Official website here: www.odysseyhouseinc.org

Is Oh 123rd Street Housing Development Corporation legitimate?

Oh 123rd Street Housing Development Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Oh 123rd Street Housing Development Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.odysseyhouseinc.org

What is the mission statement of Oh 123rd Street Housing Development Corporation?

The Oh 123rd Street Housing Development Corporation is dedicated to the development and construction of affordable housing for low-income individuals. Their mission involves providing financial assistance for low-income housing development, with the aim of improving living conditions for those in need. They generate income from the interest on their funding for these housing projects.


Official website here: www.odysseyhouseinc.org

Who is the CEO of Oh 123rd Street Housing Development Corporation?

Peter Provet is the President of Oh 123rd Street Housing Development Corporation.


Official website here: www.odysseyhouseinc.org

What is the revenue of Oh 123rd Street Housing Development Corporation?

Oh 123rd Street Housing Development Corporation's revenue in 2022 was $895,278.


Official website here: www.odysseyhouseinc.org

Who are the executives of Oh 123rd Street Housing Development Corporation and what are their salaries?


Here are 3 key members and their salaries:


Peter Provet (President)
  • Compensation: $0
  • Related: $479,694
  • Other: $83,366
John Tavolacci (Secretary)
  • Compensation: $0
  • Related: $355,683
  • Other: $77,952
Durga Vallabhaneni (Treasurer)
  • Compensation: $0
  • Related: $327,405
  • Other: $76,194


Official website here: www.odysseyhouseinc.org

Where can I find the form 990 for Oh 123rd Street Housing Development Corporation?

Oh 123rd Street Housing Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.odysseyhouseinc.org

Learn more at the official website: www.odysseyhouseinc.org

Mission Statement of Oh 123rd Street Housing Development Corporation

The Oh 123rd Street Housing Development Corporation is a non-profit organization that is dedicated to assisting in the development and construction of low-income housing. This corporation's mission is to provide affordable living spaces for those who may otherwise struggle to secure housing. They generate interest income on the funding they provide for low-income housing development, thus contributing to the betterment of their community. In essence, the Oh 123rd Street Housing Development Corporation plays a crucial role in facilitating the creation of homes for individuals and families who require it the most, thereby improving their quality of life.

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Impact




June, 2024

Oh 123rd Street Housing Development Corporation plays a crucial role in addressing the need for low-income housing development in New York City. By assisting in the development and construction of such housing, this organization directly impacts the lives of individuals and families who may otherwise struggle to find affordable and safe housing options. Their work helps to improve living conditions, provide stability, and enhance the overall well-being of those in need.




This information is meant to be a general summary of Oh 123rd Street Housing Development Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$895,278 (2022)
Expenses
$251,304 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $328,827
  • Gross Receipts: $895,278

Assets and Liabilities:

  • Total Assets: $12,270,153
  • Total Liabilities: $4,547,152
  • Net Assets: $7,723,001

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Organization Details

Founding Year

2007

Principal Officer

Peter Provet

Main Address

120 WALL STREET 17TH FLOOR, NEW YORK, NY, 10005

NTEE Category

Code: F30 - Mental health

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