PPL PROPERTIES
1035 EAST FRANKLIN AVENUE, MINNEAPOLIS, MN 55404 ppl-inc.org

Total Revenue
$8,053,328
Total Expenses
$8,276,812
Net Assets
$-4,478,247

Organizations Filed Purposes: 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.

PPL PROPERTIES HAS BEEN FORMED AS A SUPPORTING ORGANIZATION TO A NONPROFIT, TAX-EXEMPT CHARITABLE MINNESOTA CORPORATION, PROJECT FOR PRIDE IN LIVING, INC. (PPL). THE MISSION OF PPL IS TO WORK WITH LOWER-INCOME INDIVIDUALS AND FAMILIES TO ACHIEVE GREATER SELF-SUFFICIENCY THROUGH HOUSING, EMPLOYMENT TRAINING, EDUCATION AND SUPPORT SERVICES. TO THIS END, PPL PROPERTIES SHALL OWN MEMBERSHIP INTERESTS IN LIMITED LIABILITY COMPANIES THAT HOLD AND MANAGE REAL ESTATE DEVOTED TO USE AS AFFORDABLE HOUSING FOR LOWER-INCOME INDIVIDUALS AND FAMILIES. PPL PROPERTIES ALSO PARTICIPATES AS A PARTNER IN GENERAL AND/OR LIMITED PARTNERSHIPS THAT OWN AND MANAGE REAL PROPERTY, ALL FOR THE BENEFIT OF PPL.

PPL PROPERTIES OWNS MEMBERSHIP INTERESTS IN SINGLE-MEMBER LIMITED LIABILITY COMPANIES THAT HOLD AND MANAGE REAL ESTATE DEVOTED TO USE AS AFFORDABLE HOUSING FOR LOWER-INCOME INDIVIDUALS AND FAMILIES. SEE SCHEDULE R FOR A FULL LIST.PPL PROPERTIES SHALL PARTICIPATE AS A PARTNER IN GENERAL AND/OR LIMITED PARTNERSHIPS THAT OWN AND MANAGE REAL PROPERTY, ALL FOR THE BENEFIT OF PPL, IN FUTURE YEARS.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Leslie SeabergSECRETARY2$0
Scott CordesTREASURER2$0
Paul WilliamsPRESIDENT/VICE PRESIDENT2$0
Barbara MccormickPRESIDENT5$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202013219349305536_public.xml