Project For Pride In Living Inc
- Assets
- $38.9m
- Revenue
- $41.0m
- Investments
- $0.0
- Employees
- 294
- Location
- Minneapolis, MN
- Founding
- 07/1974
- Data as of
- 12/2023
- EIN
- 23-7232208
Organization Overview
Project For Pride In Living Inc is located in Minneapolis, MN. The organization was established in 1974. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 12/2023, Project For Pride In Living Inc employed 294 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Project For Pride In Living Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Project For Pride In Living Inc generated $41.0m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 9.3% each year. All expenses for the organization totaled $29.1m during the year ending 12/2023. While expenses have increased by 4.9% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
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.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOUSING STABILITY PROGRAMS OFFER HIGH-QUALITY, RELIABLE, SAFE, AND AFFORDABLE HOUSING TO SUPPORT ALL AREAS OF WELL-BEING FOR PEOPLE WITH LOW INCOMES; SUPPORTIVE HOUSING TO ADVANCE RESIDENT-DEFINED GOALS AND IMPROVE ACCESS TO RESOURCES; AND PLACE-BASED SUPPORT AND COMMUNITY-BUILDING ACTIVITIES THAT STRENGTHEN RELATIONSHIPS AND CONNECTIONS TO NEIGHBORHOODS.RESULTS: 98% OF HOUSEHOLDS WILL ACHIEVE 24-MONTH HOUSING STABILITY, PPL OWNS 1,548 RENTAL HOUSING UNITS, 79% OF HOUSEHOLDS COMPLETE SELF-DEFINED GOAL.
CAREER READINESS PROGRAMS OFFER INNOVATIVE EMPLOYMENT PREPARATION ENHANCED BY PARTNERSHIPS THAT PROMOTE EQUITY AND JOB RETENTION; ALTERNATIVE EDUCATION AND EMPLOYMENT INITIATIVES THAT INCREASE OPPORTUNITIES FOR YOUNG PEOPLE; AND FINANCIAL LITERACY AND HOMEOWNERSHIP COUNSELING AND EDUCATION THAT SUPPORT ASSET BUILDING.RESULTS: 91% 12-MONTH JOB RETENTION, 99% GRADUATED FROM ALTERNATIVE HIGH SCHOOLS, 168 INDIVIDUALS PURCHASED HOMES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tanya Bell Chair | OfficerTrustee | 1 | $0 |
Courtney Schroeder Vice Chair | OfficerTrustee | 1 | $0 |
Ryan Long Treasurer | OfficerTrustee | 1 | $0 |
Andrew Downey Secretary | OfficerTrustee | 1 | $0 |
Colleen Dockendorf Director | Trustee | 1 | $0 |
Dena Ehrich Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ballard Spahr Llp Legal Services | 12/30/23 | $243,067 |
Winthrop & Weinstine P A Legal Services | 12/30/23 | $195,631 |
Brave North Technology Llc It Services | 12/30/23 | $180,725 |
Lhb Inc Architects And Engineering | 12/30/23 | $139,036 |
Westport Safety & Compliance Llc Security Services | 12/30/23 | $100,728 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $430,700 |
| Membership dues | $0 |
| Fundraising events | $482,860 |
| Related organizations | $0 |
| Government grants | $9,427,138 |
| All other contributions, gifts, grants, and similar amounts not included above | $19,912,832 |
| Noncash contributions included in lines 1a–1f | $171,242 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $30,253,530 |
| Total Program Service Revenue | $10,729,846 |
| Investment income | $74,186 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$104,289 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $40,953,273 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $499,731 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,199,871 |
| Compensation of current officers, directors, key employees. | $250,706 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $12,236,830 |
| Pension plan accruals and contributions | $245,653 |
| Other employee benefits | $1,872,264 |
| Payroll taxes | $945,897 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $70,156 |
| Fees for services: Accounting | $62,520 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,557,875 |
| Advertising and promotion | $141,341 |
| Office expenses | $408,451 |
| Information technology | $503,815 |
| Royalties | $0 |
| Occupancy | $699,955 |
| Travel | $122,409 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $65,914 |
| Interest | $141,758 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $156,894 |
| Insurance | $265,833 |
| All other expenses | $0 |
| Total functional expenses | $29,071,864 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,923,158 |
| Savings and temporary cash investments | $9,955,991 |
| Pledges and grants receivable | $2,601,052 |
| Accounts receivable, net | $615,217 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $38,108 |
| Prepaid expenses and deferred charges | $666,851 |
| Net Land, buildings, and equipment | $731,449 |
| Investments—publicly traded securities | $1,993,247 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $14,363,280 |
| Total assets | $38,888,353 |
| Accounts payable and accrued expenses | $868,057 |
| Grants payable | $0 |
| Deferred revenue | $1,217,620 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $632,318 |
| Unsecured mortgages and notes payable | $7,250,000 |
| Other liabilities | $1,532,113 |
| Total liabilities | $11,500,108 |
| Net assets without donor restrictions | $19,064,676 |
| Net assets with donor restrictions | $8,323,569 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $38,888,353 |