2024-09-25T16:59:07-05:00 2023-12-31 411647057 MAHONEY ULBRICH CHRISTIANSEN & RUSS PA 10 RIVER PARK PLAZA SUITE 800 SAINT PAUL MN 55107 990 2023-01-01 821879983 PPL INVESTMENT CORPORATION PPLI 6124555100 1035 EAST FRANKLIN AVENUE MINNEAPOLIS MN 55404 SCOTT CORDES CHIEF FINANCIAL OFFICER OF PPL, INC 6124555100 2024-09-23 1 1 MARC A KOTSONAS P00544551 6512276695 2024-09-23 2023 2024-08-08 14:25:15Z SCOTT CORDES 1035 EAST FRANKLIN AVENUE MINNEAPOLIS MN 55404 96590 0 X WWW.PPL-INC.ORG X 2017 MN PPL INVESTMENT CORPORATION'S MISSION IS TO SUPPORT THE MISSION OF PROJECT FOR PRIDE IN LIVING, INC. 3 2 0 0 0 0 0 0 96590 96590 0 0 0 0 96590 96590 0 0 0 0 0 0 0 0 0 1744 145 1744 145 94846 96445 5151450 5056579 1624 3248 5149826 5053331 X PPL INVESTMENT CORPORATION IS ORGANIZED AND WILL OPERATE EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES, AND EXCLUSIVELY FOR THE BENEFIT OF, TO SUPPORT THE FUNCTIONS OF, AND TO ASSIST IN CARRYING OUT THE PURPOSES OF PROJECT FOR PRIDE IN LIVING, INC., A MINNESOTA NONPROFIT CORPORATION. 0 0 145 96590 TO SUPPORT PPL AND FACILITATE THE FINANCING FOR THE CONSTRUCTION OF A NEW AND EXPANDED EMPLOYMENT TRAINING CENTER USING NEW MARKET TAX CREDITS. 145 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 2 1 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 0 0 0 MN X THE ORGANIZATION 6124555100 1035 EAST FRANKLIN AVENUE MINNEAPOLIS MN 55404 MIKE LAFAVE PRESIDENT THROUGH OCTOBER 2023 1.00 40.00 X X 172069 0 4451 LESLIE SEABERG DIRECTOR 1.00 40.00 X 98906 0 12488 WALTER ROCKY ROCKENSTEIN DIRECTOR 1.00 X 0 0 0 270975 0 16939 1 0 1 0 0 LOAN INTEREST 900099 96590 96590 96590 96590 96590 0 0 145 145 145 145 0 0 301891 205396 4837549 4837549 1624 12010 12010 5151450 5056579 1624 3248 1624 3248 X 5149826 5053331 5149826 5053331 5151450 5056579 X 96445 -192940 X X 0 1 X 1 0 X X 1 PROJECT FOR PRIDE IN LIVING INC 277232208 7 0 145 0 1 145 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 X PART X, LINE 2: PPL INVESTMENT CORPORATION IS CLASSIFIED AS A TAX EXEMPT ORGANIZATION UNDER MINNESOTA STATUTE 290.05 AND SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE AND IS SUBJECT TO INCOME TAXES ONLY ON NET UNRELATED BUSINESS INCOME. MANAGEMENT BELIEVES THE ORGANIZATION DID NOT HAVE ANY UNRELATED BUSINESS INCOME. 0 0 0 0 0 0 0 0 0 MIKE LAFAVE PRESIDENT THROUGH OCTOBER 2023 172069 0 0 0 0 0 3578 0 873 0 176520 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 MIKE LAFAVE WAS EMPLOYED BY THE SUPPORTED ORGANIZATION AS THE SENIOR VICE PRESIDENT OF HOUSING WITH SERVICES DURING THE PERIOD COVERED BY THE RETURN. BILL MCKINNEY IS A CURRENT MEMBER OF THE BOARD OF DIRECTORS OF THE SUPPORTED ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES THAT ACT ON BEHALF OF THE GOVERNING BODY. 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 ORGANIZATION 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 C, LINE 19 ALL DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: TRANSFER TO PROJECT FOR PRIDE IN LIVING, INC. -192,940. FORM 990, PART XII, LINE 2C: DID NOT CHANGE FROM PRIOR YEAR. PROJECT FOR PRIDE IN LIVING INC 1035 FRANKLIN AVENUE MINNEAPOLIS MN 55404 237232208 AFFORDABLE RENTAL HOUSING MN 501(C)(3) 7 PROJECT FOR PRIDE IN LIVING INC 0 PPL PROPERTIES 1035 FRANKLIN AVENUE MINNEAPOLIS MN 55404 274235225 AFFORDABLE RENTAL HOUSING MN 501(C)(3) 7 PROJECT FOR PRIDE IN LIVING INC 0 ANISHINABE BII GII WIIN HOUSING LIMITED PARTNERSHIP 1035 EAST FRANKLIN AVENUE MINNEAPOLIS MN 554042920 475425925 AFFORDABLE RENTAL HOUSING MN N/A 0 0 CAMDEN APARTMENTS MINNEAPOLIS LIMITED PARTNERSHIP 1035 EAST FRANKLIN AVENUE MINNEAPOLIS MN 554042920 203716368 AFFORDABLE RENTAL HOUSING MN N/A 0 0 CANADIAN TERRACE LIMITED PARTNERSHIP 1035 EAST FRANKLIN AVENUE MINNEAPOLIS MN 554042920 411516988 AFFORDABLE RENTAL HOUSING MN N/A 0 0 CRESTVIEW COMMUNITIES LIMITED PARTNERSHIP 1035 EAST FRANKLIN AVENUE MINNEAPOLIS MN 554042920 510486683 AFFORDABLE RENTAL HOUSING MN N/A 0 0 JOSEPH SELVAGGIO INIATIVE LIMITED PARTNERSHIP 1035 EAST FRANKLIN AVENUE MINNEAPOLIS MN 554042920 411931835 AFFORDABLE RENTAL HOUSING MN N/A 0 0 PPL-BASS LAKE COURT LIMITED PARTNERSHIP 1035 EAST FRANKLIN AVENUE MINNEAPOLIS MN 554042920 411921157 AFFORDABLE RENTAL HOUSING MN N/A 0 0 PPL LOUISIANA COURT LIMITED PARTNERSHIP 1035 EAST FRANKLIN AVENUE MINNEAPOLIS MN 554042920 411972029 AFFORDABLE RENTAL HOUSING MN N/A 0 0 PPL WEST SEVENTH HOUSING LIMITED PARTNERSHIP 1035 EAST FRANKLIN AVENUE MINNEAPOLIS MN 554042920 453865547 AFFORDABLE RENTAL HOUSING MN N/A 0 0 SOUTHSIDE COMMUNITY LIMITED PARTNERSHIP 1035 EAST FRANKLIN AVENUE MINNEAPOLIS MN 554042920 260432209 AFFORDABLE RENTAL HOUSING MN N/A 0 0 VAN CLEVE APARTMENTS EAST LIMITED PARTNERSHIP 1035 EAST FRANKLIN AVENUE MINNEAPOLIS MN 554042920 260217283 AFFORDABLE RENTAL HOUSING MN N/A 0 0 VAN CLEVE APARTMENTS WEST LIMITED PARTNERSHIP 1035 EAST FRANKLIN AVENUE MINNEAPOLIS MN 554042920 261539922 AFFORDABLE RENTAL HOUSING MN N/A 0 0 NORTH SIDE COMMUNITY LIMITED PARTNERSHIP 1035 EAST FRANKLIN AVENUE MINNEAPOLIS MN 554042920 271181931 AFFORDABLE RENTAL HOUSING MN N/A 0 0 TOUCHSTONE COMMUNITY LIMITED PARTNERSHIP 1035 EAST FRANKLIN AVENUE MINNEAPOLIS MN 554042920 455189102 AFFORDABLE RENTAL HOUSING MN N/A 0 0 HAMLINE STATION FAMILY HOUSING LIMITED PARTNERSHIP 1035 EAST FRANKLIN AVENUE MINNEAPOLIS MN 554042920 371751032 AFFORDABLE RENTAL HOUSING MN N/A 0 0 HAMLINE STATION LIMITED PARTNERSHIP 1035 EAST FRANKLIN AVENUE MINNEAPOLIS MN 554042920 320434251 AFFORDABLE RENTAL HOUSING MN N/A 0 0 PPL DECC LIMITED PARTNERSHIP 1035 EAST FRANKLIN AVENUE MINNEAPOLIS MN 554042920 471438068 AFFORDABLE RENTAL HOUSING MN N/A 0 0 HAWTHORNE ECOVILLAGE LIMITED PARTNERSHIP 1035 EAST FRANKLIN AVENUE MINNEAPOLIS MN 554042920 300886141 AFFORDABLE RENTAL HOUSING MN N/A 0 0 OXFORD VILLAGE LIMITED PARTNERSHIP 1035 EAST FRANKLIN AVENUE MINNEAPOLIS MN 554042920 371824931 AFFORDABLE RENTAL HOUSING MN N/A 0 0 PPL YOUTHLINK LIMITED PARTNERSHIP 1035 EAST FRANKLIN AVENUE MINNEAPOLIS MN 554042920 364841190 AFFORDABLE RENTAL HOUSING MN N/A 0 0 PPL ADYC LIMITED PARTNERSHIP 1035 EAST FRANKLIN AVENUE MINNEAPOLIS MN 554042920 371824931 AFFORDABLE RENTAL HOUSING MN N/A 0 0 PPL BUNGE LIMITED PARTNERSHIP 1035 EAST FRANKLIN AVENUE MINNEAPOLIS MN 554042920 611868044 AFFORDABLE RENTAL HOUSING MN N/A 0 0 ANISHINABE III SUPPORTIVE HOUSING LP 1035 EAST FRANKLIN AVENUE MINNEAPOLIS MN 554042920 475425925 AFFORDABLE RENTAL HOUSING MN N/A 0 0 NELLIE FRANCIS COURT LP 1035 EAST FRANKLIN AVENUE MINNEAPOLIS MN 554042920 874579682 AFFORDABLE RENTAL HOUSING MN N/A 0 0 EMMA NORTON PPL LP 1035 EAST FRANKLIN AVENUE MINNEAPOLIS MN 554042920 874540968 AFFORDABLE RENTAL HOUSING MN N/A 0 0 PPL SERVICE CORPORATION 1035 EAST FRANKLIN AVENUE MINNEAPOLIS MN 554042920 411518749 AFFORDABLE HOUSING MN N/A C 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 0 PROJECT FOR PRIDE IN LIVING INC R 192940 COST