2018-11-12T14:31:14-06:00 2017-12-31 411647057 MAHONEYULBRICHCHRISTIANSEN & RUSS PA 10 RIVER PARK PLAZA SUITE 800 SAINT PAUL MN 55107 990 2017-01-01 237232208 PROJECT FOR PRIDE IN LIVING INC PROJ 6124555100 1035 EAST FRANKLIN AVENUE MINNEAPOLIS MN 554042920 BARBARA MCCORMICK SENIOR VICE PRESIDENT 6124555100 2018-11-09 1 MARC A KOTSONAS P00544551 6512276695 2018-11-09 173.160.107.97 2018-11-09 11:41:05 CS P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 8FCC0AE5B5C62EA2E1ECCE65A8D774828604CBA2 2017 2019-02-21 02:37:17Z BARBARA MCCORMICK 1035 EAST FRANKLIN AVENUE MINNEAPOLIS MN 554042920 23240101 0 X WWW.PPL-INC.ORG X 1972 MN PPL BUILDS THE HOPE, ASSETS, AND SELF RELIANCE OF INDIVIDUALS AND FAMILIES WHO HAVE LOWER INCOME BY PROVIDING TRANSFORMATIVE AFFORDABLE HOUSING AND EMPLOYMENT READINESS SERVICES. 23 23 264 1829 0 0 14063476 14509485 8865342 8662113 31124 48503 6289 -67144 22966231 23152957 47748 41759 0 0 10705073 11125305 0 0 931877 11541893 9084134 22294714 20251198 671517 2901759 11923395 12636868 9874704 7691565 2048691 4945303 X TO WORK WITH LOWER-INCOME INDIVIDUALS AND FAMILIES TO ACHIEVE GREATER SELF-SUFFICIENCY THROUGH HOUSING, EMPLOYMENT TRAINING, EDUCATION AND SUPPORT SERVICES. 0 0 11629524 24511 7737228 HOUSING WITH SERVICES - THIS PPL PROGRAM PROVIDES MORE THAN 1,300 UNITS OF AFFORDABLE, MULTIFAMILY RESIDENTIAL RENTAL HOUSING FOR LOW INCOME INDIVIDUALS AND FAMILIES ON THEIR WAY TO SELF-SUFFICIENCY. THE PROGRAM INCLUDES PPL PROPERTIES AND LIMITED PARTNERSHIPS IN WHICH PPL IS A GENERAL PARTNER. THE PROGRAM ALSO PROVIDES FEASIBILITY ANALYSIS, PRE-DEVELOPMENT, DEVELOPMENT, AND CONSTRUCTION MANAGEMENT OF AFFORDABLE RENTAL AND FOR-SALE HOUSING, AND ASSET MANAGEMENT AND PROPERTY MANAGEMENT OF MULTIFAMILY RESIDENTIAL PROPERTIES. PPL ALSO MANAGES UNDER CONTRACT WITH ANOTHER ORGANIZATION AN ADDITIONAL 113 UNITS OF AFFORDABLE HOUSING. IN 2017: A) COMPLETED OXFORD APARTMENTS IN HOPKINS; 51 UNITS OF WORKFORCE HOUSING. B) COMPLETED ECOVILLAGE APARTMENTS IN NORTH MINNEAPOLIS; 75 UNITS OF WORKFORCE HOUSING AND LOW-INCOME FAMILIES. C) NEW CONSTRUCTION AT DOWNTOWN VIEW; 47 UNITS OF HOUSING FOR YOUTH AGES 17-24 WHO ARE EXPERIENCING HOMELESSNESS. THIS DEVELOPMENT IS A PARTNERSHIP WITH YOUTH LINK.PPL WORKS DIRECTLY WITH FAMILIES AND CHILDREN TO MAKE THE TRANSITION FROM POVERTY AND INSTABILITY TO ECONOMIC INDEPENDENCE AND HEALTH. THE PROGRAMS TAKE A HOLISTIC AND COMPREHENSIVE APPROACH TO ASSISTING FAMILIES WHILE PROVIDING A RANGE OF SUPPORT SERVICES AND LINKS TO COMMUNITY RESOURCES. THESE PROGRAMS PROVIDE HOUSING AND COMPREHENSIVE SUPPORT SERVICES TO HOMELESS ADULTS WITH MENTAL ILLNESS AND CHEMICAL DEPENDENCY. IN 2017: A) 1,722 PARTICIPANTS ENGAGED IN A RANGE OF SERVICES THAT PROVIDED THE SUPPORT AND ACCESS TO RESOURCES THAT EMPOWERED INDIVIDUALS AND FAMLIES TOWARD GREATER STABILITY AND SELF-RELIANCE. B) 96% OF PARTICIPANTS ACHIEVED 12 MONTHS HOUSING STABILITY AND 90% ACHIEVED 24 MONTH HOUSING STABILITY. 4875591 162829 EMPLOYMENT READINESS - PPL ASSISTS IN THE ECONOMIC ADVANCEMENT OF INDIVIDUALS THROUGH FREE EMPLOYMENT TRAINING WORKSHOPS, CLASSES AND CERTIFICATE PROGRAMS. OUR INTEGRATED SERVICES FOCUS ON HELPING EACH INDIVIDUAL OVERCOME BARRIERS TO EMPLOYMENT AND JOB RETENTION. IN ADDITION, PPL ASSISTS FAMILIES WORKING WITH THE MINNESOTA FAMILY INVESTMENT PROGRAM (MFIP) THROUGH CONNECTIONS TO WORK. IN 2017: A) 286 INDIVIDUALS WERE PLACED IN JOBS, AND RECEIVED 12+ MONTHS OF JOB RETENTION SERVICES. B) 81% OF JOB TRAINING PARTICIPANTS ARE PEOPLE OF COLOR, HELPING CLOSE THE EMPLOYMENT GAP. C) PPL PROVIDED 671 JOB SEEKERS WITH JOB PLACEMENT SERVICES.EDUCATION - PPL AIMS TO ASSIST PEOPLE TOWARDS SELF-SUFFICIENCY BY OFFERING HIGH QUALITY EDUCATIONAL AND EMPLOYMENT SERVICES IN PARTNERSHIP WITH THE COMMUNITY. THIS INCLUDES TWO ALTERNATIVE HIGH SCHOOLS UNDER CONTRACT WITH THE MINNEAPOLIS PUBLIC SCHOOLS DISTRICT. IN 2017: 190 PARTICIPANTS ATTENDED ALTERNATIVE SCHOOL THROUGHOUT THE YEAR. 978929 17249 762056 TECHNOLOGY AND OTHER 17484044 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 141 0 1 264 1 0 0 0 0 0 1 1 0 0 0 0 X 23 23 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 1 1 MN X THE ORGANIZATION 6124555100 1035 EAST FRANKLIN AVENUE MINNEAPOLIS MN 554042920 JOHN RASMUSSEN BOARD CHAIR 1.00 X X 0 0 0 DAMU MCCOY BOARD VICE CHAIR 1.00 X X 0 0 0 BRUCE KOEHN SECRETARY 1.00 X X 0 0 0 LEIGH NIEBUHR TREASURER 1.00 X X 0 0 0 COURTNEY SCHROEDER BOARD 1.00 X 0 0 0 CHRISTE SINGLETON BOARD 1.00 X 0 0 0 EMILY E DUKE BOARD 1.00 X 0 0 0 MAI LIA XIONG BOARD 1.00 X 0 0 0 JAN DICK BOARD 1.00 X 0 0 0 JASON K DAVIS BOARD 1.00 X 0 0 0 BRIAN JERMELAND BOARD 1.00 X 0 0 0 BILL MCKINNEY BOARD 1.00 X 0 0 0 JAMES S PORTER BOARD 1.00 X 0 0 0 SCOTT WILENSKY BOARD 1.00 X 0 0 0 SHAY WYLEY BOARD 1.00 X 0 0 0 SUE PERKINS BOARD 1.00 X 0 0 0 WILLIAM MUENZBERG BOARD 1.00 X 0 0 0 ELLIS F BULLOCK JR BOARD 1.00 X 0 0 0 KAREN HANSON RIEBEL BOARD 1.00 X 0 0 0 BEN BACHE-WIIG BOARD 1.00 X 0 0 0 CHRISTINE SZAJ BOARD 1.00 X 0 0 0 JESSI KINGSTON BOARD 1.00 X 0 0 0 TOM ZIRBS BOARD 1.00 X 0 0 0 TODD ALDRICH BOARD 1.00 X 0 0 0 DAVID FISHER BOARD 1.00 X 0 0 0 CRAIG HELMEN BOARD 1.00 X 0 0 0 CHRISTINE HOBROUGH BOARD 1.00 X 0 0 0 JEAN KRAUSE BOARD 1.00 X 0 0 0 JONATHAN PALMER BOARD 1.00 X 0 0 0 WALTER H ROCKENSTEIN II BOARD 1.00 X 0 0 0 NASIBU SAREVA BOARD 1.00 X 0 0 0 PAUL WILLIAMS CEO-EXECUTIVE DIRECTOR 40.00 2.00 X 214231 0 14288 BARBARA MCCORMICK VICE PRESIDENT 40.00 5.00 X 122144 0 16932 JOANNE KOSCIOLEK VICE PRESIDENT 40.00 X 136318 0 8281 SCOTT CORDES CHIEF FINANCIAL OFFICER 40.00 2.00 X 116986 0 10869 MAY XIONG VICE PRESIDENT 40.00 X 123840 0 5149 713519 0 55519 5 0 1 0 MYTECH PARTNERS INC 300 2ND STREET NW NEW BRIGHTON MN 55112 IT SERVICES 290698 MINNEAPOLIS COMMUNITY & TECHNICAL COLLEG 1501 HENNEPIN AVENUE MINNEAPOLIS MN 55403 CAREER PATHWAYS PROGRAMS 141068 VOYANT PO BOX 952151 DALLAS TX 75395 PHONE SERVICES 114031 HOPE COMMUNITY INC 611 E FRANKLIN AVENUE MINNEAPOLIS MN 55404 RENTAL ASSISTANCE 106009 4 574348 330228 7791919 5812990 14509485 PROPERTY AND ASSET MANAGEMENT FEE 531310 5936936 5936936 DEVELOPER FEES 531310 2060266 2060266 PROGRAM FEES 900099 439994 439994 OTHER INCOME 900099 199022 199022 RENTAL REVENUE 531110 20692 20692 5203 5203 8662113 48503 48503 20000 330228 87144 -67144 -67144 23152957 8662113 0 -18641 41759 41759 735818 348256 212166 175396 8297884 7138653 827591 331640 90999 77499 9718 3782 1376974 1156318 148203 72453 623630 505624 87671 30335 11695 11423 272 53640 53640 916934 594592 112785 209557 48984 12753 1350 34881 633752 479939 134107 19706 200578 200578 6700 6700 217467 206761 9768 938 42381 16955 24082 1344 143254 128010 15244 124438 124438 93442 18063 75379 INTER-ENTITY EXPENSES 3759037 3613470 106599 38968 PROGRAM COSTS - OTHER 2463709 2459682 4027 BUILDING EXPENSE 249001 249001 STAFF DEVELOPMENT 71363 55617 12675 3071 47759 37953 9806 20251198 17484044 1835277 931877 1639373 1743716 1630144 1630228 546906 1590106 533672 350259 295428 150000 80203 63480 128630 324688 1451032 1088676 416574 362356 1391550 1396211 5260915 5025824 11923395 12636868 666830 674221 1225713 673119 2363823 1228013 3094162 3114162 2524176 2002050 9874704 7691565 X 1074519 1553768 818513 3235876 155659 155659 2048691 4945303 11923395 12636868 2901759 -5147 0 X X 0 1 X 1 1 1 X 11367322 10815566 10989481 14049401 14509485 61731255 11367322 10815566 10989481 14049401 14509485 61731255 312839 61418416 7123 12642 27415 31124 48503 126807 61858062 40418499 0.99290 0.99190 X 155659 155659 155659 155659 155659 155659 155659 155659 155659 155659 1.00000 1 0 490 490 1450542 1088676 361866 362356 BENEFICIAL INTEREST IN MARKETABLE SECURITIES 94522 OTHER 52809 DUE FROM AFFILIATED ENTITIES 4878493 5025824 ESCROWS & DEPOSITS 57897 DUE TO AFFILIATED ENTITIES 1944153 2002050 X PART V, LINE 4: THE ENDOWMENT FUNDS ARE TO BE USED FOR OPERATING SUPPORT. PART X, LINE 2: PPL IS CLASSIFIED AS A TAX-EXEMPT ORGANIZATION UNDER MINNESOTA STATUTE 290.05 AND SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM PRIVATE FOUNDATION STATUS UNDER SECTION 509(A)(1) OF THE INTERNAL REVENUE CODE AND IS SUBJECT TO INCOME TAXES ONLY ON NET UNRELATED BUSINESS INCOME. MANAGEMENT BELIEVES PPL DID NOT HAVE ANY UNRELATED BUSINESS INCOME IN 2017 OR 2016. MANAGEMENT BELIEVES PPL DOES NOT HAVE ANY UNCERTAIN TAX POSTIONS. FEDERAL AND STATE TAX AUTHORITIES GENERALLY HAVE THE RIGHT TO EXAMINE THE CURRENT AND THREE PREVIOUS YEARS OF INCOME TAX RETURNS. PPL IS NOT CURRENTLY UNDER EXAMINATION BY ANY TAXING JURISDICTION. BREAKFAST 259288 259288 23896 6611 GOLF 90940 74740 16200 35817 20820 350228 334028 16200 59713 27431 87144 -70944 1 TRANSPORTATION RELATED ASSISTANCE 56 17249 EXTRA ASSISTANCE 68 19417 ADAMS GRANTS 16 5093 PART I, LINE 2: PPL'S PROGRAM DIRECTOR RECEIVES GRANT APPLICATIONS AND REVIEWS THEM TO DETERMINE IF INDIVIDUAL'S MEET THE GRANT REQUIREMENTS. GRANTS ARE THEN PAID DIRECTLY TO SERVICE PROVIDERS FOR THE GRANT RECIPIENTS. X 0 0 0 0 0 0 0 1 0 PAUL WILLIAMS CEO-EXECUTIVE DIRECTOR 204231 0 10000 0 0 0 0 0 14288 0 228519 0 0 0 PART I, LINE 7 PAUL WILLIAMS RECEIVED A BONUS PAYMENT FOR PERFORMANCE IN 2017 THAT WAS INCLUDED IN TAXABLE COMPENSATION AND WAS REPORTED ON THE 2017 FORM W-2. THE NON-FIXED BONUS PAYMENT WAS DETERMINED BY THE HR COMMITTEE OF THE BOARD OF DIRECTORS WITHIN THE PARAMETERS OF THE EMPLOYMENT AGREEMENT BETWEEN PAUL AND THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD WAS PROVIDED THE FORM 990 BEFORE IT WAS SIGNED AND FILED. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANZIATION DISCUSSES AND DISCLOSES CONFLICTS OF INTEREST AS THEY ARISE. ANY NEW BOARD MEMBERS ARE REQUIRED TO DISCLOSE CONFLICTS WHEN JOINING AND ANNUALLY THEREAFTER. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE REVIEWS COMPENSATION AND COMPARES TO OTHER ORGANIZATIONS WITH SIMILAR OPERATIONS. FORM 990, PART VI, SECTION C, LINE 19 ALL DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 2C THE PROCESS TO REVIEW THE AUDIT HAS NOT CHANGED FROM THE PRIOR YEAR. PPL PROPERTIES 1035 FRANKLIN AVENUE MINNEAPOLIS MN 55404 274235225 AFFORDABLE RENTAL HOUSING MN 501(C)(3) 7 PROJECT FOR PRIDE IN LIVING INC 0 PPL INVESTMENT CORPORATION 1035 FRANKLIN AVENUE MINNEAPOLIS MN 55404 821879983 SUPPORTING ORGANIZATION TO PPL MN 501(C)(3) 12 PROJECT FOR PRIDE IN LIVING INC 0 BOONE AVENUE APARTMENTS LIMITED PARTNERSHIP 1035 EAST FRANKLIN AVENUE MINNEAPOLIS MN 554042920 201804927 AFFORDABLE RENTAL HOUSING MN N/A CAMDEN APARTMENTS MINNEAPOLIS LIMITED PARTNERSHIP 1035 EAST FRANKLIN AVENUE MINNEAPOLIS MN 554042920 203716368 AFFORDABLE RENTAL HOUSING MN N/A CANADIAN TERRACE LIMITED PARTNERSHIP 1035 EAST FRANKLIN AVENUE MINNEAPOLIS MN 554042920 411516988 AFFORDABLE RENTAL HOUSING MN N/A COLLABORATIVE VILLAGE LIMITED PARTNERSHIP 1035 EAST FRANKLIN AVENUE MINNEAPOLIS MN 554042920 200095252 AFFORDABLE RENTAL HOUSING MN N/A CRESTVIEW COMMUNITIES LIMITED PARTNERSHP 1035 EAST FRANKLIN AVENUE MINNEAPOLIS MN 554042920 510486683 AFFORDABLE RENTAL HOUSING MN N/A JOSEPH SELVAGGIO INITIATIVE LIMITED PARTNERSHIP 1035 EAST FRANKLIN AVENUE MINNEAPOLIS MN 554042920 411931835 AFFORDABLE RENTAL HOUSING MN N/A RELATED -17 162976 0 1 0.00010 MERCADO CENTRAL LLC 1035 EAST FRANKLIN AVENUE MINNEAPOLIS MN 554042920 522294499 HISPANIC - THEMED COMMERCIAL PROPERTY MN N/A RELATED -805 -844862 0 1 1.00000 NEW AMERICAN HOMELAND HOUSING INITIATIVE PARTNERSHIP LLP 1035 EAST FRANKLIN AVENUE MINNEAPOLIS MN 554042920 411874213 AFFORDABLE RENTAL HOUSING MN N/A RELATED -64311 507227 0 1 0.50000 PPL-BASS LAKE COURT LIMITED PARTNERSHIP 1035 EAST FRANKLIN AVENUE MINNEAPOLIS MN 554042920 411921157 AFFORDABLE RENTAL HOUSING MN N/A RELATED -4 68002 0 1 0.00010 PPL LOUISIANA COURT LIMITED PARTNERSHIP 1035 EAST FRANKLIN AVENUE MINNEAPOLIS MN 554042920 411972029 AFFORDABLE RENTAL HOUSING MN N/A PPL WEST SEVENTH HOUSING LIMITED PARTNERSHIP 1035 EAST FRANKLIN AVENUE MINNEAPOLIS MN 554042920 453865547 AFFORDABLE RENTAL HOUSING MN N/A SOUTHSIDE COMMUNITY LIMITED PARTNERSHIP 1035 EAST FRANKLIN AVENUE MINNEAPOLIS MN 554042920 260432209 AFFORDABLE RENTAL HOUSING MN N/A VAN CLEVE APARTMENTS EAST LIMITED PARTNERSHIP 1035 EAST FRANKLIN AVENUE MINNEAPOLIS MN 554042920 260217283 AFFORDABLE RENTAL HOUSING MN N/A VAN CLEVE APARTMENTS WEST LIMITED PARTNERSHIP 1035 EAST FRANKLIN AVENUE MINNEAPOLIS MN 554042920 261539922 AFFORDABLE RENTAL HOUSING MN N/A NORTH SIDE COMMUNITY LIMITED PARTNERSHIP 1035 EAST FRANKLIN AVENUE MINNEAPOLIS MN 554042920 271181931 AFFORDABLE RENTAL HOUSING MN N/A RELATED -20 318360 0 1 0.00010 TOUCHSTONE COMMUNITY LIMITED PARTNERSHIP 1035 EAST FRANKLIN AVENUE MINNEAPOLIS MN 554042920 455189102 AFFORDABLE RENTAL HOUSING MN N/A HAMLINE STATION FAMILY HOUSING LIMITED PARTNERSHIP 1035 EAST FRANKLIN AVENUE MINNEAPOLIS MN 554042920 371751032 AFFORDABLE RENTAL HOUSING MN N/A HAMLINE STATION LIMITED PARTNERSHIP 1035 EAST FRANKLIN AVENUE MINNEAPOLIS MN 554042920 320434251 AFFORDABLE RENTAL HOUSING MN N/A PPL DECC LIMITED PARTNERSHIP 1035 EAST FRANKLIN AVENUE MINNEAPOLIS MN 554042920 471438068 AFFORDABLE RENTAL HOUSING MN N/A ANISHINABE BII GII WIIN HOUSING LIMITED PARTNERSHIP 1035 EAST FRANKLIN AVENUE MINNEAPOLIS MN 554042920 475425925 AFFORDABLE RENTAL HOUSING MN N/A HAWTHORNE ECOVILLAGE LIMITED PARTNERSHIP 1035 EAST FRANKLIN AVENUE MINNEAPOLIS MN 554042920 300886141 AFFORDABLE RENTAL HOUSING MN N/A OXFORD VILLAGE LIMITED PARTNERSHIP 1035 EAST FRANKLIN AVENUE MINNEAPOLIS MN 554042920 371824931 AFFORDABLE RENTAL HOUSING MN N/A PPLPUC LLC 1035 EAST FRANKLIN AVENUE MINNEAPOLIS MN 554042920 900333201 AFFORDABLE RENTAL HOUSING MN N/A RELATED 2036 195688 0 1 0.50000 FROGTOWN DEVELOPMENT LLC 1035 EAST FRANKLIN AVENUE MINNEAPOLIS MN 554042920 273137908 AFFORDABLE HOUSING MN N/A RELATED -37097 1075961 0 1 0.50000 PPL SERVICE CORPORATION 1035 EAST FRANKLIN AVENUE MINNEAPOLIS MN 554042920 411518749 AFFORDABLE HOUSING MN PROJECT FOR PRIDE IN LIVING INC C 82838 135 1.00000 0 0 1 0 1 1 0 0 0 0 0 0 1 1 1 1 0 1 0 0 VARIOUS LIMITED PARTNERSHIPS AND LLCS D 188745 COST VARIOUS LIMITED PARTNERSHIPS AND LLCS E 4878493 COST VARIOUS LIMITED PARTNERSHIPS AND LLCS L 5936936 COST VARIOUS LIMITED PARTNERSHIPS AND LLCS M 3759037 COST PPL INVESTMENT CORPORATION B 490125 COST