Civic Intelligence

Oh 126Th St Housing Development

EIN 81-3640078 • 501(c)4 • New York, NY

Profile

Assist in the development and construction of low income housing

120 Wall Street 17th FloorNew York, NY 10005

www.odysseyhouseinc.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.90x

Higher debt load relative to assets than 60% of similar nonprofits.

NTEE L • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

81st percentile

8.24x

Higher debt load relative to revenue than 81% of similar nonprofits.

NTEE L • $5M-$10M nonprofits • Source year 2024

Net Margin

92nd percentile

69%

Higher net margin than 92% of similar nonprofits.

NTEE L • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

88th percentile

$607,585

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 87.5% of source-year revenue.

NTEE L • $5M-$10M nonprofits • Source year 2024

Asset Growth

60th percentile

1.3%

Faster asset growth than 60% of similar nonprofits.

NTEE L • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

95th percentile

151%

Faster revenue growth than 95% of similar nonprofits.

NTEE L • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Up

$6,390,735

Up $80,013 (+1.3%) from 2023

Liabilities

Down

$5,720,040

Down $402,673 (-6.6%) from 2023

Net Assets

Up

$670,695

Up $482,686 (+257%) from 2023

Revenue

Up

$694,570

Up $417,427 (+151%) from 2023

Expenses

Down

$211,883

Down $5,417 (-2.5%) from 2023

Net Income

Up

$482,687

Up $422,844 (+707%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$8.0M$6.0M$4.0M$2.0M$0Assets 2016: $1Liabilities 2016: $02016Assets 2017: $1Liabilities 2017: $02017Assets 2018: $1Liabilities 2018: $02018Assets 2019: $1,033,303Liabilities 2019: $1,033,303Net Assets 2019: $02019Assets 2020: $6,087,979Liabilities 2020: $6,079,334Net Assets 2020: $8,6452020Assets 2021: $6,372,226Liabilities 2021: $6,303,903Net Assets 2021: $68,3232021Assets 2022: $6,250,879Liabilities 2022: $6,122,713Net Assets 2022: $128,1662022Assets 2023: $6,310,722Liabilities 2023: $6,122,713Net Assets 2023: $188,0092023Assets 2024: $6,390,735Liabilities 2024: $5,720,040Net Assets 2024: $670,6952024

Highlighted filing

2024

Assets$6,390,735
Liabilities$5,720,040
Net Assets$670,695

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$800K$600K$400K$200K$0Revenue 2016: $0Expenses 2016: $0Net Income 2016: $02016Revenue 2017: $0Expenses 2017: $0Net Income 2017: $02017Revenue 2018: $0Expenses 2018: $0Net Income 2018: $02018Revenue 2019: $0Expenses 2019: $0Net Income 2019: $02019Revenue 2020: $55,808Expenses 2020: $47,163Net Income 2020: $8,6452020Revenue 2021: $284,247Expenses 2021: $224,569Net Income 2021: $59,6782021Revenue 2022: $278,244Expenses 2022: $218,401Net Income 2022: $59,8432022Revenue 2023: $277,143Expenses 2023: $217,300Net Income 2023: $59,8432023Revenue 2024: $694,570Expenses 2024: $211,883Net Income 2024: $482,6872024

Highlighted filing

2024

Revenue$694,570
Expenses$211,883
Net Income$482,687

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 7, 2025
Return Version
2023v6.0
Gross Receipts
$694,570
Mission and Program Overview

Mission

Assist in the development and construction of low income housing.

Assist in development and construction of low income housing

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$1,897,810$4,801,384▲ $2,903,574
Total Assets$6,310,722$6,390,735▲ $80,013
Other Assets Total$4,412,912$1,589,351▼ $2,823,561
Liabilities
Mortgage Notes Payable Secured by Investment Property$6,032,171$5,634,915▼ $397,256
Accounts Payable and Accrued Expenses$90,542$85,125▼ $5,417
Total Liabilities$6,122,713$5,720,040▼ $402,673
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$188,009$670,695▲ $482,686
Total Net Assets Fund Balance$188,009$670,695▲ $482,686
Total Liabilities and Net Assets / Fund Balance$6,310,722$6,390,735▲ $80,013

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$1,589,351--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Peter ProvetPresident
John TavolacciSecretary
Durga VallabhaneniTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$609,139
Program Service Revenue
$0
Investment Income
$85,431
Other Revenue
$0
Change in Net Assets
$482,687
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$211,883
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$211,883--$211,883
Total Functional Expenses$211,883$0$0$211,883
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The completed 990 is reviewed by management. Once reviewed and approved, the 990 is filed with the irs and new york state.

Form 990, Part VI, Section B, Line 12

Section b line 12 - the organization is relying on odyssey house, inc.'s (related organization) conflict of interest policy. Section b line 13 - the organization is relying on odyssey house, inc.'s (related organization) whistleblower policy. Section b line 14 - the organization is relying on odyssey house, inc.'s (related organization) record retention / destruction policy.

Form 990, Part VI, Section C, Line 19

The organization makes its 990 available to the public through the new york state attorney general's website and upon written request. The organization has possession of all governing documents including conflict of interest and is available upon request. The organization will also submit the information to the new york state charities bureau.

Filing and Contact Details

Filer

Filer Name
Oh 126th St Housing Development
EIN
81-3640078
Phone
2123611625
Address
120 WALL STREET 17TH FLOOR, NEW YORK, NY 10005

Signing Officer

Name
Durga Vallabhaneni
Title
Treasurer
Phone
2123611625
Signed
2025-05-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Durga Vallabhaneni
Formed
2016
Legal Domicile
Ny
Voting Board Members
3
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Geltrude & Co LLC
Address
513 FRANKLIN AVE, NUTLEY, NJ 07110
Preparer
Michael Carlon
Phone
9736679100
Raw XML Appendix395 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE COMPLETED 990 IS REVIEWED BY MANAGEMENT. ONCE REVIEWED AND APPROVED, THE 990 IS FILED WITH THE IRS AND NEW YORK STATE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1SECTION B LINE 12 - THE ORGANIZATION IS RELYING ON ODYSSEY HOUSE, INC.'S (RELATED ORGANIZATION) CONFLICT OF INTEREST POLICY. SECTION B LINE 13 - THE ORGANIZATION IS RELYING ON ODYSSEY HOUSE, INC.'S (RELATED ORGANIZATION) WHISTLEBLOWER POLICY. SECTION B LINE 14 - THE ORGANIZATION IS RELYING ON ODYSSEY HOUSE, INC.'S (RELATED ORGANIZATION) RECORD RETENTION / DESTRUCTION POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES ITS 990 AVAILABLE TO THE PUBLIC THROUGH THE NEW YORK STATE ATTORNEY GENERAL'S WEBSITE AND UPON WRITTEN REQUEST. THE ORGANIZATION HAS POSSESSION OF ALL GOVERNING DOCUMENTS INCLUDING CONFLICT OF INTEREST AND IS AVAILABLE UPON REQUEST. THE ORGANIZATION WILL ALSO SUBMIT THE INFORMATION TO THE NEW YORK STATE CHARITIES BUREAU.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
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IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/GeneralOrManagingPartnerInd00
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt0RENTAL R/E
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt0OH 126TH STREET
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt0120 WALL STREET 17TH FLOOR
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/CityNm0NEW YORK
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/ZIPCd010005
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0SOCIAL SER
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1SOCIAL SER
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt1LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0120 WALL STREET 17TH FLOOR
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt1120 WALL STREET 17TH FLOOR
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0NEW YORK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1NEW YORK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1NY
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd110005
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd01
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt04527944
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt1273440
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0OH 126TH STREET LP
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1OH 126TH STREET LP
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0D
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1D
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IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt06310722
IRS990/TotalAssetsEOYAmt06390735
IRS990/TotalAssetsGrp/BOYAmt06310722
IRS990/TotalAssetsGrp/EOYAmt06390735
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt0609139
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0211883
IRS990/TotalFunctionalExpensesGrp/TotalAmt0211883
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt06122713
IRS990/TotalLiabilitiesEOYAmt05720040
IRS990/TotalLiabilitiesGrp/BOYAmt06122713
IRS990/TotalLiabilitiesGrp/EOYAmt05720040
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0188009
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0670695
IRS990/TotalOtherCompensationAmt0278070
IRS990/TotalProgramServiceExpensesAmt0211883
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt085431
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0694570
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt06310722
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt06390735
IRS990/TotReportableCompRltdOrgAmt01265498
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0120 WALL STREET 17TH FLOOR
IRS990/USAddress/CityNm0NEW YORK
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd010005
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt00
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DURGA VALLABHANENI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum02123611625
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0OH 126TH ST HOUSING DEVELOPMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0FUND CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0OH12
ReturnHeader/Filer/EIN0813640078
ReturnHeader/Filer/PhoneNum02123611625
ReturnHeader/Filer/USAddress/AddressLine1Txt0120 WALL STREET 17TH FLOOR
ReturnHeader/Filer/USAddress/CityNm0NEW YORK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010005
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0223363665
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GELTRUDE & CO LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0513 FRANKLIN AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NUTLEY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd007110
ReturnHeader/PreparerPersonGrp/PhoneNum09736679100
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL CARLON
ReturnHeader/ReturnTs02025-05-12T14:32:36-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

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