2025-08-15T09:54:05-05:00 2024-09-30 410746749 CLIFTONLARSONALLEN LLP 10700 NORTHUP WAY SUITE 200 BELLEVUE WA 98004 990 2024-07-01 941156579 MERCY RETIREMENT AND CARE CENTER MERC 5107692700 1301 MARINA VILLAGE PARKWAY 210 ALAMEDA CA 94501 MICHAEL CONNELL CFO AND TREASURER 5107692700 2025-08-14 1 1 KURT BENNION CPA P01469618 4252506100 2025-08-12 2024 2025-03-06 01:10:19Z TORSTEN HIRCHE 1301 MARINA VILLAGE PARKWAY 210 ALAMEDA CA 94501 6436533 0 X WWW.ELDERCAREALLIANCE.ORG X 1872 CA MERCY RETIREMENT AND CARE CENTER SERVES & ENRICHES THE LIVES OF OLDER ADULTS BY PROVIDING HOUSING AND SERVICES IN ITS SKILLED NURSING, ASSISTED LIVING, AND MEMORY CARE NEIGHBORHOODS. 11 10 0 50 0 0 9232914 1357278 18454462 4408698 588617 638812 -361477 31745 27914516 6436533 0 0 0 0 11003019 3270564 0 0 2636 16776857 4127564 27779876 7398128 134640 -961595 61931031 60210183 29710343 29378424 32220688 30831759 X A NONPROFIT ORGANIZATION COMMITTED TO SERVING AND ENRICHING THE PHYSICAL, EMOTIONAL, AND SPIRITUAL WELL-BEING OF OLDER ADULTS THROUGH A PROFESSIONAL, FAITH-CENTERED CARE COMMUNITY AND SERVICES. 0 0 2635360 0 2338996 MERCY RETIREMENT AND CARE CENTER IS LICENSED FOR 59 SKILLED NURSING RESIDENTS. THIS YEAR, THE CARE CENTER PROVIDED SKILLED NURSING CARE TO 51.9 OLDER ADULT RESIDENTS EACH MONTH (ON AVERAGE) FOR A THREE MONTH TOTAL OF OVER 4,773 RESIDENTS DAYS. OF OUR RESIDENTS, 1.4% WERE PRIVATE PAY, 81.2% HAD MEDI-CAL, 5.2% HAD MEDICARE, AND 12.2% HAD OTHER INSURANCE COVERAGE. 1871818 0 1342444 MERCY'S ASSISTED LIVING PROVIDES HOUSING AND SERVICES FOR UP TO 85 OLDER ADULT RESIDENTS THAT REQUIRE SOME ASSISTANCE WITH MEDICATION OR DAILY ACTIVITIES. THESE THREE MONTHS, WE PROVIDED ASSISTED LIVING HOUSING FOR 53.5 RESIDENTS EACH MONTH (ON AVERAGE), EXCLUDING SECOND PERSONS IN EACH APARTMENT, FOR A THREE MONTH TOTAL OF 4,924 RESIDENT DAYS. THE ASSISTED LIVING RESIDENTS ARE OFFERED FIVE LEVELS OF CARE IN ADDITION TO THE BASE LEVEL OF CARE SO THAT THEIR INDIVIDUAL NEEDS CAN BE MET. THERE ARE MANY ACTIVITIES PROVIDED FOR OUR ASSISTED LIVING RESIDENTS, INCLUDING MANY THAT REFLECT OUR FAITH-CENTERED MISSION. 1396895 0 0 MERCY'S BROWN BAG PROGRAM, PROVIDES FOOD DISTRIBUTION TO LOW INCOME SENIORS. FOR ALMOST 40 YEARS, MERCY BROWN BAG VOLUNTEERS HAVE FILLED AND DISTRIBUTED GROCERIES TO OVER 66 SITES THROUGHOUT ALAMEDA COUNTY. THE PROGRAM IS FUNDED BY CONTRIBUTIONS AND GRANTS. 597971 0 727258 MERCY'S MEMORY CARE NEIGHBORHOOD PROVIDES HOUSING AND SERVICES FOR UP TO 22 OLDER ADULT RESIDENTS WHO HAVE DEMENTIA OR MEMORY LOSS. THIS YEAR, WE PROVIDED MEMORY CARE HOUSING FOR 20.7 RESIDENTS EACH MONTH (ON AVERAGE) FOR A TOTAL OF 1,902 RESIDENT DAYS. THE MEMORY CARE NEIGHBORHOOD HAS MANY DAILY ACTIVITIES DESIGNED FOR DEMENTIA OR MEMORY LOSS RESIDENTS. 597971 0 727258 6502044 1 1 0 0 0 0 0 0 1 1 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 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 11 10 0 1 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 CA X MICHAEL CONNELL 4255596301 1980 112TH AVENUE SUITE 210 BELLEVUE WA 98004 X X TORSTEN HIRCHE PRESIDENT 1.00 39.00 X X 0 0 0 JESSE BOND CHAIR 0.10 2.20 X X 0 0 0 GREG RUSSELL VICE CHAIR 0.10 2.20 X X 0 0 0 MICHAEL CONNELL TREASURER & CFO 1.00 39.00 X 0 0 0 MICHELE LUKE SECRETARY 1.00 39.00 X 0 0 0 BARB BENNETT DIRECTOR 0.10 2.20 X 0 0 0 CATHY DANIGELIS DIRECTOR 0.10 2.20 X 0 0 0 KATHI LENTZSCH DIRECTOR 0.10 2.20 X 0 0 0 SCOTT LUMSDEN DIRECTOR 0.10 2.20 X 0 0 0 JIM MELHORN DIRECTOR 0.10 2.20 X 0 0 0 JOY MOORE DIRECTOR 0.10 2.20 X 0 0 0 LISA NELSON DIRECTOR 0.10 2.20 X 0 0 0 MARY WAGNER DIRECTOR 0.10 2.20 X 0 0 0 ADRIENE IVERSON CEO 1.00 39.00 X 0 0 0 0 0 0 0 0 256748 1100530 1055939 1357278 HEALTH SERVICE REVENUE 623000 2338996 2338996 RESIDENT SERVICES 623000 2069702 2069702 4408698 315242 315242 7163 0 7163 7163 7163 323570 0 323570 323570 323570 MISCELLANEOUS 900099 24582 24582 24582 6436533 4408698 0 670557 2705778 2678287 27491 36904 36529 375 338297 334860 3437 189585 187659 1926 352306 19213 333093 3798 3798 22115 22061 54 60453 60304 149 52263 49830 2433 17043 17043 119421 119421 369852 369852 7039 7039 98 98 394044 394044 559365 559365 176184 176184 IN-KIND EXPENSE 1055939 1055939 ECA EXPENSE ALLOCATION 261266 132080 129186 FOOD 235941 235941 MEDICAL SUPPLIES 115546 115546 324891 324891 7398128 6502044 893448 2636 1728900 648054 3853959 4044182 2307284 2480055 118858 118858 185405 295888 48990877 10947555 38444915 38043322 11232793 10470787 4058917 4109037 61931031 60210183 1897605 2030915 29600 17200 4330 4330 23811793 23749319 3967015 3576660 29710343 29378424 X 27170000 25663231 5050688 5168528 32220688 30831759 61931031 60210183 -961595 -427358 24 0 X 0 0 0 X 8543656 7361002 8120923 9232914 1357278 34615773 14589990 13984050 16394348 18454462 4408698 67831548 23133646 21345052 24515271 27687376 5765976 102447321 936500 713862 1278016 73659 3002037 0 936500 713862 1278016 73659 3002037 99445284 1019282 500751 379252 541462 322405 2763152 1019282 500751 379252 541462 322405 2763152 24583 24583 24152928 21845803 24894523 28228838 6112964 105235056 0.94500 0.94470 0.02630 0.02340 X PART III, COLUMN E: THE ORGANIZATION CHANGED ITS ACCOUNTING PERIOD AND THIS RETURN COVERS A SHORT YEAR FROM JULY, 1ST, 2024 TO SEPTEMBER 30, 2024 . THE DATA UNDER COLUMN E REPRESENTS INCOME FROM A SHORT YEAR FILING. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 3883210 214295 49231 4048274 3665920 394217 176927 3883210 3252547 465137 51764 3665920 3891430 -544366 94517 3252547 3032483 995911 136964 3891430 0.00000 0.72620 0.27380 0 1 1 201489 201489 40505755 7370538 33135217 2733429 509463 2223966 5437794 3067554 2370240 112410 112410 38043322 RESTRICTED COLLATERAL RESERVE ACCOUNT 4109037 4109037 DUE TO RELATED ORGANIZATION 1243681 INTEREST RATE SWAP - LIABILITY 748604 RELATED PARTY NOTE PAYABLE 1584375 3576660 PART IV, LINE 2B: THE ORGANIZATION HOLDS RESIDENT FUNDS IN TRUST. EACH RESIDENT MAY ACCESS THEIR FUNDS AT ANY TIME. RESIDENT FUNDS ARE HELD IN A SEPARATE BANK ACCOUNT FROM OTHER ORGANIZATIONAL ASSETS. PART V, LINE 4: THERE ARE SIX ENDOWMENT FUNDS, ALL OF WHICH REQUIRE THE INCOME FROM THE FUNDS TO BE USED FOR CHARITY CARE OF RESIDENTS. X 611164 1055939 FMV 0 0 0 0 PART I, COLUMN (B): THE AMOUNT REPORTED IN PART I, COLUMN B REPRESENTS THE POUNDS OF FOOD RECEIVED DURING THE FISCAL YEAR. FORM 990, PART VI, SECTION A, LINE 3 MERCY HAS A MANAGEMENT CONTRACT WITH ELDER CARE ALLIANCE, A NON-PROFIT PUBLIC BENEFIT CORPORATION THAT IS THE SOLE CORPORATE MEMBER OF MERCY, TO PROVIDE MANAGEMENT SERVICES INCLUDING, BUT NOT LIMITED TO, MARKETING, HUMAN RESOURCES, ACCOUNTING, INFORMATION TECHNOLOGY SERVICES, RISK MANAGEMENT, CLINICAL OVERSIGHT AND INSURANCE. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION'S SOLE CORPORATE MEMBER IS ELDER CARE ALLIANCE. FORM 990, PART VI, SECTION A, LINE 7A TRANSFORMING AGE'S BOARD OF DIRECTORS IS ALSO THE BOARD OF DIRECTORS OF MERCY RETIREMENT AND CARE CENTER. FORM 990, PART VI, SECTION A, LINE 7B THE FOLLOWING ACTIONS REGARDING MERCY RETIREMENT AND CARE CENTER ("MRCC") SHALL REQUIRE THE SPECIFIC APPROVAL OF THE FACILITY AND PROGRAM SPONSOR, I.E. THE INDIVIDUALS IN THEIR CANONICAL CAPACITY (OR THEIR DESIGNEES), WHO CONSTITUTE THE INSTITUTE LEADERSHIP TEAM OF THE SISTERS OF MERCY OF THE AMERICAS, A PUBLIC JURIDIC PERSON OF THE ROMAN CATHOLIC CHURCH: I) APPROVAL OF ANY MATERIAL CONFLICT-OF-INTEREST, AFFILIATE OR SIMILAR TRANSACTION BETWEEN MRCC, ON THE ONE HAND, AND THE CORPORATION AND/OR AN AFFILIATE OF THE CORPORATION, ON THE OTHER HAND; PROVIDED THAT APPROVAL OF THE FACILITY AND PROGRAM SPONSOR SHALL NOT BE REQUIRED FOR COMMERCIAL TRANSACTIONS BETWEEN MRCC AND THE CORPORATION AND/OR ITS AFFILIATES, IF SUCH TRANSACTION IS ENTERED INTO IN THE ORDINARY COURSE OF BUSINESS AND AT ARM'S LENGTH TERMS AND DOES NOT EXCEED MONETARY LIMITS ESTABLISHED FROM TIME TO TIME BY ELDER CARE ALLIANCE AND APPROVED BY THE FACILITY AND PROGRAM SPONSOR; II) FINAL APPROVAL OF ANY DEFICIT OPERATING AND/OR CAPITAL BUDGET OF MRCC; III) APPROVAL OF ALL UNBUDGETED OPERATING AND CAPITAL EXPENDITURES OF MRCC IN EXCESS OF MONETARY LIMITS ESTABLISHED FROM TIME TO TIME IN ACCORDANCE WITH THE POLICIES AND NORMS OF THE FACILITY AND PROGRAM SPONSOR; IV) APPROVAL OF THE MERGER OR REORGANIZATION OF MRCC; V) APPROVAL OF SALE, TRANSFER OR DISPOSITION OF ALL OR ANY ASSETS OF MRCC IN EXCESS OF MONETARY LIMITS ESTABLISHED FROM TIME TO TIME BY FACILITY AND PROGRAM SPONSOR AND IN ACCORDANCE WITH THE POLICIES AND NORMS OF THE FACILITY AND PROGRAM SPONSOR VI) APPROVAL OF ANY DEBT OR ENCUMBRANCE OF THE CORPORATE REAL ESTATE OF MRCC; VII) APPROVAL OF ANY AMENDMENTS TO THE ARTICLES OF INCORPORATION OR BYLAWS OF MRCC THAT WOULD ALTER THE CORPORATE PURPOSE, AFFILIATION, RESERVED RIGHTS OR ANY SPONSOR RELATIONSHIP OF MRCC; VIII) APPROVAL OF ANY CHANGES TO THE MISSION AND COMMON VALUES STATEMENT OF MRCC; IX) APPROVAL OF ANY REVISION OR AMENDMENT TO THE MRCC STATEMENT OF CATHOLIC IDENTITY; X) APPROVAL OF ALL MATTERS OF MRCC IMPACTING THE CATHOLIC IDENTITY OF MRCC AND ITS PROGRAMS AND SERVICES, INCLUDING, BUT NOT LIMITED TO, ADHERENCE TO AND COMPLIANCE WITH THE ETHICAL AND RELIGIOUS DIRECTIVES FOR CATHOLIC HEALTH CARE AND THE MRCC STATEMENT OF CATHOLIC IDENTITY; XI) ANY OTHER MATTERS WHICH MAY BE REQUIRED BY CIVIL OR ROMAN CATHOLIC CANON LAW REGARDING MRCC TO BE SUBMITTED TO THE INSTITUTE OF THE SISTERS OF MERCY OF THE AMERICAS, OR WHICH THE MRCC BOARD OF DIRECTORS MAY REQUEST BE SUBMITTED. 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 15 FORM 990, PART VI, SECTION B, LINES 15A AND 15B HAVE BOTH BEEN ANSWERED NO (AS MANDATED BY THE FORM 990 INSTRUCTIONS), AS THE CEO, OFFICERS, AND KEY EMPLOYEES OF THE ORGANIZATION ARE COMPENSATED BY A RELATED ORGANIZATION. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE 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. AS YOU PERUSE THE PAGES OF OUR 2024 ANNUAL REPORT, YOU WILL WITNESS THE INCREDIBLE ADVANCEMENTS AND CONTRIBUTIONS OF OUR NEARLY 3,000 TEAM MEMBERS WHO IGNITE OUR MISSION EVERY DAY AND IMPACT NEARLY 750,000 PEOPLE ANNUALLY. HTTPS://TRANSFORMINGAGE.ORG/PUBLICATIONS/ ELDER CARE ALLIANCE 1301 MARINA VILLAGE PARKWAY SUITE 2 ALAMEDA CA 94501 943260975 MANAGEMENT CA 501(C)(3) LINE 12B, II TRANSFORMING AGE 0 ELDER CARE ALLIANCE OF SAN RAFAEL 1301 MARINA VILLAGE PARKWAY SUITE 2 ALAMEDA CA 94501 760730971 SENIOR LIVING CA 501(C)(3) LINE 10 ELDER CARE ALLIANCE 0 ELDER CARE ALLIANCE OF SAN FRANCISCO 1301 MARINA VILLAGE PARKWAY SUITE 2 ALAMEDA CA 94501 943351615 SENIOR LIVING CA 501(C)(3) LINE 10 ELDER CARE ALLIANCE 0 ELDER CARE ALLIANCE OF CAMARILLO 1301 MARINA VILLAGE PARKWAY SUITE 2 ALAMEDA CA 94501 943351613 SENIOR LIVING CA 501(C)(3) LINE 10 ELDER CARE ALLIANCE 0 ELDER CARE ALLIANCE OF UNION CITY 1301 MARINA VILLAGE PARKWAY SUITE 2 ALAMEDA CA 94501 943377985 SENIOR LIVING CA 501(C)(3) LINE 10 ELDER CARE ALLIANCE 0 ELDER CARE ALLIANCE OF SAN MATEO 1301 MARINA VILLAGE PARKWAY SUITE 2 ALAMEDA CA 94501 940831870 AGE-RESTRICTED APARTMENTS CA 501(C)(3) LINE 10 ELDER CARE ALLIANCE 0 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 PRESBYTERIAN RETIREMENT COMMUNITIES NORTHWEST FOUNDATION 1980 112TH AVENUE SUITE 210 BELLEVUE WA 98004 911586491 FUNDRAISING WA 501(C)(3) LINE 12A, I TRANSFORMING AGE 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 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0