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Oh 126th St Housing Development Fund Corporation

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

EIN: 813640078 ✦ New york, NY ✦ Designated as a 501(c)(4)

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Overview

What is Oh 126th St Housing Development Fund Corporation?

Oh 126th St Housing Development Fund Corporation is a nonprofit organization based in New York City, specifically at 120 Wall Street, 17th Floor. Their primary focus is to contribute to the development and construction of low-income housing in the area. Through their activities, they aim to assist in alleviating housing issues for individuals with limited financial means. This mission aligns with their goal of generating interest income from their funding efforts.


Official website here: www.odysseyhouseinc.org

Is Oh 126th St Housing Development Fund Corporation legitimate?

Oh 126th St Housing Development Fund Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Oh 126th St Housing Development Fund 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 126th St Housing Development Fund Corporation?

The Oh 126th St Housing Development Fund Corporation's mission is centered around assisting in the development and construction of low-income housing. This non-profit organization is dedicated to providing resources and facilitating the construction of housing units for individuals with limited financial means. By doing so, they aim to contribute to the creation of sustainable and affordable living spaces. The corporation generates income through investments in these low-income housing developments.


Official website here: www.odysseyhouseinc.org

Who is the CEO of Oh 126th St Housing Development Fund Corporation?

Peter Provet is the President of Oh 126th St Housing Development Fund Corporation.


Official website here: www.odysseyhouseinc.org

What is the revenue of Oh 126th St Housing Development Fund Corporation?

Oh 126th St Housing Development Fund Corporation's revenue in 2022 was $278,244.


Official website here: www.odysseyhouseinc.org

Who are the executives of Oh 126th St Housing Development Fund 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 126th St Housing Development Fund Corporation?

Oh 126th St Housing Development Fund 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 126th St Housing Development Fund Corporation

Oh 126th St Housing Development Fund Corporation is committed to contributing to the development and construction of affordable housing for individuals with low income. The organization's primary focus is to generate income from funding projects related to low-income housing development. By investing in such projects, Oh 126th St Housing Development Fund Corporation aims to provide housing solutions for those who may not otherwise have access to adequate housing. The corporation's mission is to play an active role in addressing the housing needs of vulnerable communities, contributing to a more equitable and inclusive society.

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Impact




October, 2024

Oh 126th St Housing Development Fund Corporation plays a crucial role in addressing the housing crisis by assisting in the development and construction of low-income housing. By focusing on creating affordable living spaces, the organization contributes significantly to the welfare of low-income communities in New York City. The interest income generated from funding these housing projects supports ongoing efforts to expand access to safe and stable housing for those in need. This impact not only improves individual lives but also helps foster stronger, more equitable neighborhoods, thereby promoting social stability and community development.




This information is meant to be a general summary of Oh 126th St Housing Development Fund 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
$278,244 (2022)
Expenses
$218,401 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $59,843
  • Gross Receipts: $278,244

Assets and Liabilities:

  • Total Assets: $6,250,879
  • Total Liabilities: $6,122,713
  • Net Assets: $128,166

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Organization Details

Founding Year

2016

Principal Officer

Peter Provet

Main Address

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

NTEE Category

Code: L20 - Housing

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