Overview
What is Project For Pride In Living Inc?
Project For Pride In Living Inc, based in Minneapolis, Minnesota, is a nonprofit organization devoted to improving the lives of individuals and families with lower incomes. For five decades, they've been providing affordable housing and transformative career readiness programs, believing that a stable home and employment are essential for economic well-being. PPL manages over 1,500 units of affordable multi-family residential housing and offers services to help children prepare for and succeed in school and life. In addition, they've assisted over 114 new homeowners and helped 73% of new BIPOC homeowners achieve housing stability. PPL serves approximately 7,000 people in the Twin Cities region, with a focus on Minneapolis, St. Paul, and several suburbs. In 2022, 88% of the individuals they served had household incomes below 200% of the federal poverty line. With a workforce of 293 employees, PPL's mission is to build hope, assets, and self-reliance by offering high-quality affordable housing and career readiness services.
Official website here: www.ppl-inc.org
What are the reviews and ratings of this charity?
96% rating from Charity Navigator.
Project For Pride In Living Inc (PPL) has earned an impressive Four-Star out of Four Star rating due to its strong commitment to accountability and effective financial management. The organization showcases a high level of integrity with 100% independent board members and robust policies in place for conflict of interest and whistleblower protection. Additionally, its program expense ratio is notable at 84.32%, indicating that a significant portion of its budget directly supports its programs.
User feedback consistently highlights PPL's dedication to community engagement and its effectiveness in providing educational and support services. Volunteers and professionals alike praise the organization for its welcoming environment and the genuine passion of its staff in serving the community. Many reviews detail how PPL's programs empower individuals and families, offering them pathways to gain skills, secure employment, and achieve financial independence.
While the overall feedback is overwhelmingly positive, some areas for improvement include enhancing equity data collection and policies, as indicated by slightly lower scores in those categories. Nonetheless, PPL's holistic approach to community development and commitment to meeting the diverse needs of those it serves solidifies its reputation as a valuable nonprofit.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Project For Pride In Living Inc legitimate?
Project For Pride In Living Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Project For Pride In Living Inc 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: $1,199,871
Professional Fundraising Fees: $0
Other Salaries and Wages: $12,236,830
For more financial information, click here
Official website here: www.ppl-inc.org
What is the mission statement of Project For Pride In Living Inc?
Project For Pride In Living Inc aims to enhance the hope, assets, and self-reliance of individuals and families with lower incomes. They accomplish this through the provision of high-quality affordable housing and on-site resident services, along with life-changing career readiness programs. For over five decades, PPL has helped people in need overcome the challenges related to stable housing and employment, believing these to be the foundations of economic well-being. Their mission is to build the self-sufficiency of individuals and families by offering affordable housing and career readiness services.
Official website here: www.ppl-inc.org
Who is the CEO of Project For Pride In Living Inc?
Paul Williams is the CEO of Project For Pride In Living Inc The CEO's salary of Project For Pride In Living Inc is $363,956 and their total compensation is $395,104.
Official website here: www.ppl-inc.org
What is the revenue of Project For Pride In Living Inc?
Project For Pride In Living Inc's revenue in 2023 was $40,953,273.
Official website here: www.ppl-inc.org
Who are the executives of Project For Pride In Living Inc and what are their salaries?
The average compensation at Project For Pride In Living Inc during 2023 was $45,703. There are 294 employees and 600 volunteers at Project For Pride In Living Inc.
Here are 37 key members and their salaries (Project For Pride In Living Inc's CEO's salary is $363,956 and their total compensation is $395,104):
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Official website here: www.ppl-inc.org
Where can I find the form 990 for Project For Pride In Living Inc?
Project For Pride In Living Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.ppl-inc.org
Learn more at the official website: www.ppl-inc.org
Mission Statement of Project For Pride In Living Inc
Project For Pride In Living Inc, a nonprofit organization, has been dedicated for the past 50 years to building the hope, assets, and self-reliance of individuals and families with lower incomes. The organization has adopted a holistic approach, providing high-quality affordable housing, on-site resident services, and life-changing career readiness programs.
In simple terms, Project For Pride In Living Inc strives to transform lives by offering affordable housing and career readiness services. The nonprofit believes that a stable home and employment are essential foundations for economic well-being. Through its mission, it aims to empower people and help them address their housing challenges, thereby improving their overall quality of life.
The organization goes beyond just providing a roof over people's heads. It prioritizes the needs of its residents, offering on-site services that address their unique circumstances. Additionally, Project For Pride In Living Inc's career readiness programs provide valuable skills and opportunities to break the cycle of poverty, enabling individuals to build a better future for themselves and their families.
By focusing on affordable housing and career readiness, Project For Pride In Living Inc is making a significant impact in the lives of those it serves. It is not just a shelter, but a beacon of hope and a catalyst for positive change. The organization's mission is to help people regain their self-reliance and pride, giving them the tools they need to overcome life's challenges and build a brighter future.
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Impact
October, 2024
Project For Pride In Living Inc significantly enhances the lives of individuals and families facing economic challenges in the Twin Cities. By offering high-quality affordable housing and comprehensive employment readiness services, it addresses the foundational needs of stable living conditions and job preparedness—key components in the journey toward economic self-reliance.
Over its 50-year history, the initiative has successfully provided 1,500 units of affordable housing, which includes new developments like Bloom Lake Flats. These housing opportunities have been particularly beneficial for those with low incomes or individuals who have experienced homelessness, with a remarkable 98% of households achieving stability over a 24-month period. Additionally, the organization has actively supported 114 new homeowners, contributing to a significant increase in homeowner equity amounting to $29.3 million.
Beyond housing, Project For Pride In Living fosters educational support for children to ensure they thrive academically and socially. Their programs empower individuals and families, helping them build networks and gain the necessary skills to achieve long-term stability and self-sufficiency. In 2022 alone, they served nearly 7,000 individuals, most of whom had household incomes below 200% of the federal poverty line, demonstrating a focused commitment to uplifting those in most need.
The impact of this organization is far-reaching, helping to create lasting change in the lives of residents by keeping a grounded vision on hope, self-reliance, and economic well-being.
This information is meant to be a general summary of Project For Pride In Living Inc. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $74,186
- Program Service Revenue: $10,729,846
- Gross Receipts: $41,057,562
Assets and Liabilities:
- Total Assets: $25,932,426
- Total Liabilities: $10,467,560
- Net Assets: $15,464,866
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROPERTY & ASSET MANAGEMENT FEES
Revenue
$8,480,807
DEVELOPER FEES
Revenue
$1,549,904
PROGRAM FEES
Revenue
$630,811
OTHER INCOME
Revenue
$68,324
Organization Details
Founding Year
1972
Principal Officer
Scott Cordes
Website
www.ppl-inc.orgNTEE Category
Code: P200 - Human services
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