Ppl Investment Corporation

Organization Overview

Ppl Investment Corporation is located in Minneapolis, MN. The organization was established in 2018. According to its NTEE Classification (L11) the organization is classified as: Single Organization Support, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ppl Investment Corporation 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 12/2021, Ppl Investment Corporation generated $96.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (28.3%) each year. All expenses for the organization totaled $121.0 during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (68.4%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PPL INVESTMENT CORPORATION'S MISSION IS TO SUPPORT THE MISSION OF PROJECT FOR PRIDE IN LIVING, INC.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO SUPPORT PPL AND FACILITATE THE FINANCING FOR THE CONSTRUCTION OF A NEW AND EXPANDED EMPLOYMENT TRAINING CENTER USING NEW MARKET TAX CREDITS.


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Board, Officers & Key Employees

Name (title)Compensation
Jack Katzmark
Treasurer
$0
Mike Lafave
President
$0
Bill Mckinney
Secretary
$0
Walter Rocky Rockenstein
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$96,590
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $96,590

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