2024-08-14T19:25:20-05:00 2023-09-30 410746749 CLIFTONLARSONALLEN LLP 10700 NORTHUP WAY SUITE 200 BELLEVUE WA 98004 990 2022-10-01 911586491 PRESBYTERIAN RETIREMENT COMMUNITIES NORTHWEST FOUNDATION PRES 4255596301 1980 112TH AVENUE 210 BELLEVUE WA 98004 MICHAEL CONNELL TREASURER & CFO 4255596301 2024-08-13 1 1 KURT BENNION P01469618 4252506100 2024-08-01 2022 2024-08-08 14:25:15Z TRANSFORMING AGE FOUNDATION TORSTEN HIRCHE 1980 112TH AVENUE 210 BELLEVUE WA 98004 703305 0 X WWW.TRANSFORMINGAGE.ORG/FOUNDATION/ X 1992 WA TO SUPPORT PRESBYTERIAN RETIREMENT COMMUNITIES NORTHWEST'S MISSION. 10 9 0 10 0 0 707194 624518 0 0 232132 35601 0 0 939326 660119 436006 234618 0 0 284144 181278 0 0 0 82916 69358 803066 485254 136260 174865 3695507 4411698 875257 1095000 2820250 3316698 X TO SUPPORT PRESBYTERIAN RETIREMENT COMMUNITIES NORTHWEST'S MISSION BY ENHANCING THE QUALITY OF LIFE, VITALITY AND WELLNESS OF THE AGING, THEIR FAMILIES AND TEAM MEMBERS. THE FOUNDATION ALSO SUPPORTS MANY RESIDENT ACTIVITIES AND COMMUNITY OUTREACH EFFORTS IN THE GREATER SEATTLE AREA. 0 0 234618 234618 0 THE FOUNDATION SUPPORTS MANY RESIDENT ACTIVITIES AND COMMUNITY OUTREACH EFFORTS IN THE GREATER SEATTLE AREA. ALL FUNDS DONATED TO THE FOUNDATION GO TO SUPPORT A VARIETY OF PROGRAMS AND CAUSES AT PRESBYTERIAN RETIREMENT COMMUNITIES NORTHWEST. MOST NOTABLY, THE FOUNDATION HELPS SUPPORT SENIOR LIVING, THE TRANSFORMING AGE EMPLOYEE EDUCATION ASSISTANCE PROGRAMS, AND RESIDENT SUPPORT FOR THOSE RESIDENTS WHO RUN INTO FINANCIAL TROUBLE. 234618 1 1 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 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 10 9 0 1 1 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 X JACOB ANDERSON 4255596301 1980 112TH AVENUE 210 BELLEVUE WA 98004 X TORSTEN HIRCHE PRESIDENT & CEO 1.00 39.00 X X 0 944982 27682 MICHAEL CONNELL TREASURER & CFO 1.00 39.00 X 0 531886 20998 MICHELLE LUKE SECRETARY 1.00 39.00 X 0 100350 5100 SCOTT LUMSDEN CHAIR & DIRECTOR 0.10 1.60 X X 0 0 0 MARY WAGNER VICE CHAIR & CHAIR 0.10 1.60 X X 0 0 0 JESSE BOND DIRECTOR & VICE CHAIR 0.10 1.60 X X 0 0 0 BARB BENNETT DIRECTOR 0.10 1.60 X 0 0 0 CATHY DANIGELIS DIRECTOR 0.10 1.60 X 0 0 0 JOHN IWANSKI DIRECTOR (THROUGH OCTOBER 2022) 0.10 1.60 X 0 0 0 JIM MELHORN DIRECTOR 0.10 1.60 X 0 0 0 KAREN MILLER DIRECTOR 0.10 1.60 X 0 0 0 LISA NELSON DIRECTOR 0.10 1.60 X 0 0 0 GREG RUSSELL DIRECTOR 0.10 1.60 X 0 0 0 0 1577218 53780 0 0 1 0 0 290000 334518 624518 78787 78787 43186 -43186 -43186 -43186 660119 0 0 35601 X 127992 127992 106626 106626 147414 147414 33864 33864 1073 1073 6426 6426 51509 51509 847 847 6247 6247 2354 2354 ALL OTHER EXPENSES 902 902 485254 234618 250636 0 185443 309377 8500 10000 2676960 3027717 824604 1064604 3695507 4411698 1092 15446 874165 1079554 875257 1095000 X -354038 124278 3174288 3192420 2820250 3316698 3695507 4411698 174865 321583 0 X 0 1 X 1 0 X X 8 PRESBYTERIAN RETIREMENT COMMUNITIES NORTHWEST 910666887 10 0 0 0 FRED LIND MANOR 910579225 10 0 0 0 FULL LIFE CARE 911095588 7 0 0 0 VASHON ISLAND COMMUNITY CARE 910703092 10 0 0 0 DOWNTOWN ACTION TO SAVE HOUSING 943155152 7 0 0 0 NORSE HOME 910667588 10 0 0 0 SENIOR HOUSING ASSISTANCE GROUP 943063455 10 0 0 0 SHAG COMMUNITY LIFE FOUNDATION 460779043 10 0 0 0 8 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 PART IV, SECTION A, LINE 1: TRANSFORMING AGE IS THE ONLY ORGANIZATION SPECIFICALLY IDENTIFIED IN THE FOUNDATION'S GOVERNING DOCUMENTS. HOWEVER, ALL OF THE SUPPORTED ORGANIZATIONS ARE SUBSIDIARIES OF TRANSFORMING AGE. TRANSFORMING AGE AND EACH OF THE SUPPORTED ORGANIZATIONS HAVE SUBSTANTIVELY IDENTICAL MISSIONS AND CHARITABLE PURPOSES AND PROVIDE SIMILAR PROGRAMS AND SUPPORT TO THE COMMUNITY. BECAUSE OF THESE SUBSTANTIVELY IDENTICAL MISSIONS AND PROGRAMS, SUPPORTING EACH OF TRANSFORMING AGE'S SUBSIDIARY ORGANIZATIONS ALSO SUPPORTS TRANSFORMING AGE IN ITS CHARITABLE MISSION. PART IV, SECTION B, LINE 1: THE FOUNDATION'S BOARD OF DIRECTORS IS IDENTICAL TO TRANSFORMING AGE'S BOARD OF DIRECTORS, WHICH GIVES TRANSFORMING AGE EFFECTIVE CONTROL OVER THE FOUNDATION. IN ADDITION, ALL DAY-TO-DAY MANAGEMENT AND OPERATIONS ARE PROVIDED BY EMPLOYEES OF PRESBYTERIAN RETIREMENT COMMUNITIES NORTHWEST, ONE OF TRANSFORMING AGE'S SUBSIDIARIES. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1608197 56420 198320 23739 1839198 1949665 185192 -341897 184763 1608197 1597339 41142 348612 37428 1949665 1542620 27219 129353 101853 1597339 1478634 36315 32084 4413 1542620 0.00000 0.67320 0.32680 0 0 0 DUE FROM RELATED ORGANIZATIONS 1036804 ART AND COLLECTIBLES 27800 1064604 DUE TO RELATED ORGANIZATIONS 1079554 1079554 X PART V, LINE 4: TO FUND PROJECTS, ACTIVITIES AND SUPPORT FOR THE RESIDENTS OF PARKSHORE RETIREMENT COMMUNITY. PART X, LINE 2: THE FOUNDATION HAS BEEN NOTIFIED BY THE INTERNAL REVENUE SERVICE THAT IT IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. INCOME FROM ACTIVITIES NOT DIRECTLY RELATED TO THE ORGANIZATION'S TAX-EXEMPT PURPOSES IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. THERE WERE NO TAXES PAID ON UNRELATED BUSINESS INCOME FOR THE YEARS ENDED SEPTEMBER 30, 2023 AND 2022. 1 PRESBYTERIAN RETIREMENT COMMUNITIES NORTHWEST 1980 112TH AVENUE SUITE 210 BELLEVUE WA 98004 910666887 501(C)(3) 41145 0 GENERAL OPERATING SUPPORT SKYLINE AT FIRST HILL RESIDENTS ASSOCIATION 725 9TH AVENUE SUITE 9 SEATTLE WA 98104 271979966 501(C)(3) 10000 0 GENERAL OPERATING SUPPORT MEDIC ONE FOUNDATION 11747 NE 1ST STREET SUITE 310 BELLEVUE WA 98005 916183158 501(C)(3) 7130 0 GENERAL OPERATING SUPPORT 3 0 EMPLOYEE EDUCATION ASSISTANCE 26 84197 EMPLOYEE FINANCIAL ASSISTANCE 8 22429 PART I, LINE 2: GRANTS TO RELATED ORGANIZATIONS ARE MONITORED THROUGH DISCUSSION AND OBSERVATION WITH THE GRANTEE ORGANIZATION. EMPLOYEE EDUCATION ASSISTANCE PAYMENTS ARE ONLY PROCESSED FOR PAYMENT WHEN THE INDIVIDUAL PROVIDES RECEIPTS OF TUITION. THESE RECEIPTS MUST BE APPROVED BY THE INDIVIDUAL'S DEPARTMENT HEAD BEFORE REIMBURSEMEENTS ARE ISSUED. 0 0 0 0 0 0 0 0 0 TORSTEN HIRCHE PRESIDENT & CEO 0 746157 0 198825 0 0 0 12000 0 15682 0 972664 0 0 MICHAEL CONNELL TREASURER & CFO 0 531886 0 0 0 0 0 12000 0 8998 0 552884 0 0 PART I, LINE 3 THE FOLLOWING WERE USED BY TRANSFORMING AGE, THE SOLE MEMBER, IN DETERMINING THE PRESIDENT & CEO'S COMPENSATION: 1. COMPENSATION COMMITTEE 2. INDEPENDENT COMPENSATION CONSULTANT 3. WRITTEN EMPLOYMENT CONTRACT 4. COMPENSATION SURVEY OR STUDY 5. APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE FORM 990, PART VI, SECTION A, LINE 3 ALL MANAGEMENT FUNCTIONS ARE PROVIDED BY EMPLOYEES OF PRESBYTERIAN RETIREMENT COMMUNITIES NORTHWEST. FORM 990, PART VI, SECTION A, LINE 4 THE ARTICLES OF INCORPORATION WERE AMENDED IN OCTOBER 2024 TO ALLOW FOR MEMBERS AS PROVIDED IN THE BYLAWS. THE BYLAWS WERE ALSO AMENDED IN OCTOBER 2022 TO CHANGE THE SOLE MEMBER FROM PRESBYTERIAN RETIREMENT COMMUNITIES NORTHWEST TO TRANSFORMING AGE, A WASHINGTON NONPROFIT CORPORATION. FORM 990, PART VI, SECTION A, LINE 6 TRANSFORMING AGE, A WASHINGTON NONPROFIT CORPORATION, IS THE SOLE MEMBER. FORM 990, PART VI, SECTION A, LINE 7A IF NOT ALREADY SERVING ON THE BOARD OF DIRECTORS, THE CHAIR AND THE VICE-CHAIR OF TRANSFORMING AGE'S BOARD OF DIRECTORS ARE EX-OFFICIO VOTING MEMBERS OF THE BOARD OF DIRECTORS. TRANSFORMING AGE'S SECRETARY AND TREASURER ARE ALSO THE SECRETARY AND TREASURER, RESPECTIVELY, OF THIS ORGANIZATION. TRANSFORMING AGE HAS THE POWER TO REMOVE AND REPLACE ANY MEMBERS OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B TRANSFORMING AGE, AS THE SOLE MEMBER, HAS THE RIGHT TO (A) AMEND THE ARTICLES OF INCORPORATION AND BYLAWS; (B) ADOPT A PLAN OF MERGER OR CONSOLIDATION; (C) AUTHORIZE THE SALE, LEASE OR EXCHANGE OF SUBSTANTIALLY ALL OF THE ORGANIZATION'S ASSETS IF NOT IN THE ORDINARY COURSE OF BUSINESS; (D) AUTHORIZE THE ORGANIZATION'S VOLUNTARY DISSOLUTION OR REVOKE THE PROCEEDINGS THEREOF; (E) CONVERT THE ORGANIZATION INTO A FOR-PROFIT CORPORATION; AND (F) ADOPT A PLAN FOR THE DISTRIBUTION OF THE ORGANIZATION'S ASSETS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM WAS REVIEWED BY THE CONTROLLER AND THE CFO. IT WAS THEN PROVIDED TO THE BOARD FOR REVIEW BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY APPLIES TO ALL MEMBERS OF THE BOARD OF DIRECTORS AND EMPLOYEES. ANNUALLY, THE CONFLICT OF INTEREST FORM IS DISTRIBUTED TO THE BOARD OF DIRECTORS AND OFFICERS. THE PRESIDENT & CEO REVIEWS THE COMPLETED FORMS AND IDENTIFIES IF ANY CONFLICTS EXIST. ANY ACTUAL OR PERCEIVED CONFLICT OF INTEREST OF ANY GOVERNING BOARD MEMBER OR OFFICER SHALL BE DISCLOSED TO THE OTHER MEMBERS OF THE BOARD OR HIGHEST LEVEL OF MANAGEMENT (PRESIDENT & CEO) AND MADE A MATTER OF RECORD AT THE SOONEST POSSIBLE TIME. ANY GOVERNING BOARD MEMBER HAVING A POSSIBLE CONFLICT OF INTEREST SHALL NOT VOTE OR USE PERSONAL INFLUENCE ON THE MATTER, AND SHALL NOT BE COUNTED IN DETERMINING THE QUORUM FOR THE MEETING, EVEN WHERE PERMITTED BY LAW. THE MINUTES OF THE MEETING SHALL REFLECT THAT DISCLOSURE WAS MADE, THE ABSTENTION FROM VOTING, AND THE QUORUM. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD USES AN INDEPENDENT COMPENSATION CONSULTANT AND COMPENSATION SURVEY TO ANNUALLY DETERMINE THE CEO'S COMPENSATION. THE CEO IS RESPONSIBLE FOR CONDUCTING THE REVIEW OF OTHER OFFICERS' COMPENSATION. COMPENSATION WAS LAST REVIEWED IN 2022. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VII, SECTION A: THE OFFICERS THAT HAVE COMPENSATION PRESENTED IN PART VII, SECTION A OF THE FORM 990 PROVIDE EXECUTIVE MANAGEMENT SUPPORT AND OVERALL GUIDANCE TO TRANSFORMING AGE AND ITS RELATED AND SUPPORTED AFFILIATES. THE ENTIRE TRANSFORMING AGE SYSTEM SERVES APPROXIMATELY 14,000 PEOPLE IN SENIOR AND AFFORDABLE HOUSING AND COMMUNITY-BASED SERVICES, EMPLOYS 2,100 EMPLOYEES, GENERATES $155 MILLION IN TOTAL ANNUAL REVENUE AND HAS $718 MILLION IN TOTAL ASSETS. FORM 990, PART IX, LINE 11G OTHER FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 51,509. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 51,509. PRESBYTERIAN RETIREMENT COMMUNITIES NORTHWEST 915 118TH AVENUE SE 110 BELLEVUE WA 98005 910666887 PROVIDE CARE FOR SENIORS WA 501(C)(3) LINE 10 TRANSFORMING AGE 0 FRED LIND MANOR 915 118TH AVENUE SE 110 BELLEVUE WA 98005 910579225 PROVIDE SENIOR SERVICES WA 501(C)(3) LINE 10 TRANSFORMING AGE 0 VASHON ISLAND COMMUNITY CARE 1980 112TH AVENUE SUITE 210 BELLEVUE WA 98004 911703092 SENIOR LIVING WA 501(C)(3) LINE 10 PRESBYTERIAN RETIREMENT COMMUNITIES NW 0 FULL LIFE CARE 1980 112TH AVENUE SUITE 210 BELLEVUE WA 98004 911095588 SERVICES FOR THE ELDERLY WA 501(C)(3) LINE 7 TRANSFORMING AGE 0 CHRISTIAN RETIREMENT HOMES 6315 O STREET LINCOLN NE 68510 476041813 SENIOR LIVING NE 501(C)(3) LINE 10 TRANSFORMING AGE 0 EASTMONT TOWERS FOUNDATION 6315 O STREET LINCOLN NE 68510 911767080 BENEFIT RESIDENTS AND EMPLOYEES OF CHRISTIAN RETIREMENT HOMES NE 501(C)(3) LINE 10 TRANSFORMING AGE 0 GERMAN RETIREMENT HOME OF THE STATE OF WASHINGTON 11853 97TH AVE NE KIRKLAND WA 98034 910630507 SENIOR LIVING WA 501(C)(3) LINE 7 TRANSFORMING AGE 0 DOWNTOWN ACTION TO SAVE HOUSING 11018 NE 11TH STREET BELLEVUE WA 98004 943155152 HOUSING WA 501(C)(3) LINE 7 TRANSFORMING AGE 0 NORSE HOME 5311 PHINNEY AVENUE N SEATTLE WA 98103 910667588 ASSISTED LIVING WA 501(C)(3) LINE 10 TRANSFORMING AGE 0 SENIOR HOUSING ASSISTANCE GROUP 14400 TUKWILA INTL BLVD SUITE 100 TUKWILA WA 98168 943063455 SENIOR LIVING WA 501(C)(3) LINE 10 TRANSFORMING AGE 0 SHAG COMMUNITY LIFE FOUNDATION 14400 TUKWILA INTL BLVD SUITE 100 TUKWILA WA 98168 460779043 AFFORDABLE SENIOR LIVING WA 501(C)(3) LINE 10 TRANSFORMING AGE 0 TRANSFORMING AGE 1980 112TH AVENUE SUITE 210 BELLEVUE WA 98004 320672552 MANAGEMENT SERVICES WA 501(C)(3) LINE 12B, II N/A 0 TRANSFORMING AGE VENTURES INC 715 NINTH AVENUE SUITE 400 SEATTLE WA 98104 471755666 FOR-PROFIT VENTURES AND ACTIVITIES WA N/A C 0 SENIOR HOUSING ASSISTANCE CORPORATION 1980 112TH AVENUE NE SUITE 210 BELLEVUE WA 98004 911923742 LOW-INCOME HOUSING WA N/A C 0 0 1 1 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0