Public Charity

PPL PROPERTIES

PPL PROPERTIES is a nonprofit organization categorized as Public Charity based in MINNEAPOLIS, MN. Its most recent IRS filing (2024) reports revenue of $10.3M, expenses of $16.4M, total assets of $117.4M. Imperigo tracks 1 reported grant relationships connected to this organization totaling approximately $10K.

EIN: 274235225 MINNEAPOLIS, MN Low-Income & Subsidized Rental Housing NTEE: L21 Latest filing: 2024
Total Revenue$10.3M
Total Expenses$16.4M
Total Assets$117.4M
Grant Records1
Funding Total$10K
Filing Years2019–2024

Mission

THE CORPORATION SHALL BE OPERATED EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE PURPOSES OF PROJECT FOR PRIDE IN LIVING, A MINNESOTA NONPROFIT ORGANIZATION.

Where $100 goes at Ppl Properties

How Ppl Properties divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$100 Programs the work itself
<$1 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $100 for programs

$100
Ppl Properties owns membership interests in over 30 single-member limited liability companies that hold and manage real estate devoted to use as affordable housing for lower-income individuals and…
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

PRESIDENT Karla Henderson
SECRETARY Leslie Seaberg
VICE PRESIDENT Paul Williams
TREASURER Scott Cordes

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$10,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $10.3M $16.4M $117.4M
2023 $6.7M $12.2M $104.9M
2022 $10.4M $10.3M $82.9M
2020 $5.7M $7.0M $49.9M
2019 $8.1M $8.3M $41.2M

Between 2019 and 2024, reported annual revenue grew from $8.1M to $10.3M (+28%), with total assets most recently reported at $117.4M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for PPL PROPERTIES

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