Ppl Properties
Ppl Properties reported $10.3 million in revenue and $16.4 million in expenses for calendar year 2024. Of every $100 it spent, $100.00 went to program services, $0.00 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 98.3% of the total. The highest compensation it reported for one person was $419,489 (VICE PRESIDENT). Revenue rose 28% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $16MFor context, the median across 933 covered housing & shelter charities: $89.27 programs, $10.73 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $10MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 100.0% | 87.5% |
| Management & general Part IX 25(C) ÷ 25(A) | 0.0% | 10.5% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | Not reported | $0.01 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 0.4% | 17.0% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.4% | 1.0% |
| Program service revenue share Part VIII 2g ÷ 12 | 98.3% | 66.2% |
| Highest reported compensation Part VII-A, columns D–F | $419,489 | $300,863 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 2.56% | 1.57% |
| People paid over $100,000 Part VII, line 2 | 0 | 5 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | -3.7 | 10.0 |
| Independent voting board members Part VI 1a–1b | 0 of 4 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expensePpl Properties owns membership interests in over 30 single-member limited liability companies that hold and manage real estate devoted to use as affordable housing for lower-income individuals and families. See schedule r for a full list.Ppl Properties also participates as a partner in general and/or limited partnerships that own and manage real property, all for the benefit of ppl, in future years.Ppl Properties is the sole owner of other wholly owned llcs which consists of: a community center that houses a ppl program, the service center which is the headquarters of ppl's administrative…
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| VICE PRESIDENT Director/trustee, officer, 2.00 hrs/week | $0 | $383,603 | $35,886 | $419,489 |
| TREASURER Director/trustee, officer, 2.00 hrs/week | $0 | $246,978 | $10,927 | $257,905 |
| PRESIDENT Director/trustee, officer, 5.00 hrs/week | $0 | $172,121 | $16,146 | $188,267 |
| SECRETARY Director/trustee, officer, 2.00 hrs/week | $0 | $100,406 | $14,798 | $115,204 |
0 people received more than $100,000 in reportable compensation from Ppl Properties (Part VII, line 2).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b4 · 0 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aNo
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 50
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| SERV PRO OF WRIGHT COUNTY Water remediation | $305,876 |
| ASPEN WASTE SYSTEMS Trash removal | $271,933 |
| NEW CENTURY SERVICE Hvac and electrical repairs and maintena | $219,121 |
| TRANQUILITY HOUSING Cleaning | $207,960 |
| RADIANT CHANGE CONSTRUCTION LLC Water mitigation and construction | $198,428 |
Individuals listed as contractors are left out. 5 contractors were paid more than $100,000 in all.
Correct a figure or respond
Every number above is copied from Ppl Properties's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Ppl Properties, you can publish a response that is linked from this page.
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Of every $100 Ppl Properties spent in 2024, $100.00 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Morc Home CAREAuburn Hills, MI · revenue $10M · programs 89.1% · FY2025
- Allies & Ross Management and Development CorporationPittsburgh, PA · revenue $10M · programs 97.7% · 2024
- Breaking Ground II Housing Development Fund CorporationNew York, NY · revenue $10M · programs 95.8% · 2024
- Eskaton Village RosevilleCarmichael, CA · revenue $10M · programs 77.9% · 2024
- Beyond Owners GroupWillow Street, PA · revenue $10M · programs 99.6% · FY2025
All housing & shelter charities · Largest charities in Minnesota
Questions people ask
How much of Ppl Properties's spending goes to programs?
In calendar year 2024, Ppl Properties reported that 100.0% of its $16.4 million in expenses went to program services, 0.0% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Ppl Properties pay its top executive?
The largest total compensation Ppl Properties reported for one person in calendar year 2024 was $419,489, for the role of VICE PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Ppl Properties get its money?
Of $10.3 million in revenue in calendar year 2024, 0.4% came from contributions and grants (including 0.4% from government grants) and 98.3% from program service revenue (Form 990, Part VIII).
Is Ppl Properties a registered charity?
The IRS lists EIN 27-4235225 as a 501(c)(3) organization (supporting organization, type i), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202543079349300829 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202413199349316046 · read the filing
- 2022: Form 990 for calendar year 2022, object 202302549349301605 · read the filing
- 2021: Form 990 for calendar year 2021, object 202213189349315901 · read the filing
- 2020: Form 990 for calendar year 2020, object 202103199349325295 · read the filing
- 2019: Form 990 for calendar year 2019, object 202013219349305536 · read the filing
All filings for EIN 27-4235225: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.