nonprofit logo

Ppl Investment Corporation

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

EIN: 821879983 ✦ Minneapolis, MN ✦ Designated as a 501(c)(3)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Ppl Investment Corporation?

Ppl Investment Corporation is a charitable organization based in Minneapolis, Minnesota, with a postal address at 1035 East Franklin Avenue, 55404. Its primary mission is to support Project for Pride in Living, Inc., a Minnesota-based nonprofit corporation. Specifically, Ppl Investment Corporation aims to facilitate the financing of a new and expanded employment training center through the utilization of New Market Tax Credits. The corporation operates exclusively for charitable and educational purposes, contributing to the functions and objectives of Project for Pride in Living, Inc., thereby assisting in its overall mission.


Official website here: www.ppl-inc.org

Is Ppl Investment Corporation legitimate?

Ppl Investment Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ppl Investment 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.ppl-inc.org

What is the mission statement of Ppl Investment Corporation?

Ppl Investment Corporation is established with a charitable and educational purpose, primarily to support the functions and objectives of Project for Pride in Living, Inc. This Minnesota-based nonprofit corporation operates exclusively to aid in the realization of Project for Pride in Living's mission. Specifically, Ppl Investment Corporation facilitates the financing for the construction of a new and expanded employment training center using New Market Tax Credits. This endeavor is aimed at furthering the goals and initiatives of Project for Pride in Living, Inc. in their mission to support individuals and communities in need.


Official website here: www.ppl-inc.org

Who is the CEO of Ppl Investment Corporation?

Mike Lafave is the President of Ppl Investment Corporation.


Official website here: www.ppl-inc.org

What is the revenue of Ppl Investment Corporation?

Ppl Investment Corporation's revenue in 2022 was $96,590.


Official website here: www.ppl-inc.org

Who are the executives of Ppl Investment Corporation and what are their salaries?

There 3 volunteers at Ppl Investment Corporation.


Here are 4 key members and their salaries:


Mike Lafave (President)
  • Compensation: $0
  • Related: $187,391
  • Other: $4,795
Bill Mckinney (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack Katzmark Resigned 322 (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Walter Rocky Rockenstein (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ppl-inc.org

Where can I find the form 990 for Ppl Investment Corporation?

Ppl Investment Corporation's most recent form 990 was submitted in 2022 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 Ppl Investment Corporation

Ppl Investment Corporation is an organization established with a purpose to support Project for Pride in Living, Inc., a Minnesota-based nonprofit corporation. Its mission is to operate exclusively for charitable and educational purposes, primarily to aid Project for Pride in Living, Inc. in carrying out its functions. More specifically, Ppl Investment Corporation aims to facilitate the financing for the construction of a new and expanded employment training center using New Market Tax Credits. This center is intended to provide a conducive environment for skill development and employment opportunities, thereby contributing to the overall mission of Project for Pride in Living, Inc. The corporation's role is instrumental in supporting the nonprofit's initiatives, ultimately contributing to the betterment of the community it serves.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




October, 2024

Ppl Investment Corporation significantly impacts the community by facilitating the financing necessary for essential developments, such as the construction of a new and expanded employment training center. This initiative supports Project for Pride in Living (PPL), enhancing their capacity to provide critical services to individuals in need. By utilizing new market tax credits, Ppl Investment Corporation not only improves employment opportunities through training but also contributes to the economic vitality of Minneapolis, MN. Their commitment to charitable and educational purposes ensures that resources are directed towards enhancing the community's well-being, particularly in areas related to housing and skill development, ultimately fostering greater independence and self-sufficiency among participants.




This information is meant to be a general summary of Ppl Investment 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
$96,590 (2022)
Expenses
$1,744 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $96,590
  • Gross Receipts: $96,590

Assets and Liabilities:

  • Total Assets: $5,151,450
  • Total Liabilities: $1,624
  • Net Assets: $5,149,826

Want to help this charity, for free? You can click here to learn more about Give Freely

Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

LOAN INTEREST

Revenue

$96,590

Organization Details

Founding Year

2017

Principal Officer

Mike Lafave

Main Address

1035 EAST FRANKLIN AVENUE, MINNEAPOLIS, MN, 55404

NTEE Category

Code: L11 - Housing

If you are a representative of Ppl Investment Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.