Nonprofit · EIN 91-0666887
PRESBYTERIAN RETIREMENT COMMUNITIES NORTHWEST
Tax-exempt · BELLEVUE, WA 98004
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $97,892,842 | $127,287,194 | -$29,394,352 | $502,372,252 | $741,119,654 | -$238,747,402 |
| September 30, 2024 | 990 | $80,038,151 | $112,678,389 | -$32,640,238 | $497,451,994 | $708,882,750 | -$211,430,756 |
| September 30, 2023 | 990 (amended) | $143,061,728 | $112,655,007 | $30,406,721 | $525,225,607 | $706,859,466 | -$181,633,859 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $3,969,164
- Program service revenue
- $88,756,255
- Investment income
- $3,650,111
- Net rental income
- $76,525
- Net gain from sales of assets
- $1,799,963
- Net income from sales of inventory
- $7,497
- Other revenue
- $1,517,312
Expenses
- Grants and similar amounts paid
- $11,818,048
- Other salaries and wages
- $28,662,584
- Salaries, compensation and benefits (total)
- $34,929,781
- Professional fundraising fees
- $0
- Legal fees
- $312,616
- Accounting fees
- $236,211
- Occupancy
- $12,515,523
- Travel
- $125,320
- Depreciation
- $22,719,562
- Program services (functional)
- $109,114,006
- Management and general (functional)
- $18,173,188
Balance sheet and other
- Total assets, start of year
- $497,451,994
- Total assets, end of year
- $502,372,252
- Total liabilities, end of year
- $741,119,654
- Net assets, end of year
- -$238,747,402
- Land, buildings and equipment
- $368,698,960
- Publicly traded securities
- $45,226,221
- Net assets without donor restrictions
- -$238,747,402
- Gross receipts
- $97,912,675
- Employees
- 945
- Volunteers
- 10
- Year formed
- 1956
- State of legal domicile
- WA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| TORSTEN HIRCHE | PRESIDENT & CEO Trustee or director, Officer | 1 | $0 | $1,174,707 | $39,553 |
| MICHAEL CONNELL | TREASURER & CFO Officer | 1 | $0 | $637,621 | $23,767 |
| DAHAE KWON | DIRECTOR OF SALES AND MARKETING Highest-paid employee | 20 | $185,469 | $0 | $9,292 |
| DAVID GARY JACOBS | EXECUTIVE DIRECTOR Highest-paid employee | 40 | $158,508 | $0 | $18,311 |
| SCOTT RICE | EXEC. DIRECTOR (THROUGH JULY 2025) Highest-paid employee | 40 | $132,457 | $0 | $0 |
| MICHELE LUKE | SECRETARY Officer | 1 | $0 | $118,517 | $7,083 |
| JESSE BOND | CHAIR & DIRECTOR Trustee or director, Officer | 0.1 | $0 | $0 | $0 |
| GREG RUSSELL | VICE CHAIR & CHAIR Trustee or director, Officer | 0.1 | $0 | $0 | $0 |
| BARB BENNETT | DIRECTOR & VICE CHAIR Trustee or director, Officer | 0.1 | $0 | $0 | $0 |
| CATHY DANIGELIS | DIRECTOR Trustee or director | 0.1 | $0 | $0 | $0 |
| KATHI LENTZSCH | DIRECTOR Trustee or director | 0.1 | $0 | $0 | $0 |
| SCOTT LUMSDEN | DIRECTOR (THROUGH NOVEMBER 2024) Trustee or director | 0.1 | $0 | $0 | $0 |
| JIM MELHORN | DIRECTOR Trustee or director | 0.1 | $0 | $0 | $0 |
| JOY MOORE | DIRECTOR Trustee or director | 0.1 | $0 | $0 | $0 |
| LISA NELSON | DIRECTOR (THROUGH NOVEMBER 2024) Trustee or director | 0.1 | $0 | $0 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARY WAGNER | DIRECTOR Trustee or director | 0.1 | $0 |
990 for the year ended September 30, 2024: 18 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| TORSTEN HIRCHE | PRESIDENT & CEO Trustee or director, Officer | 1 | $808,519 | $346,509 | $29,551 |
| MICHAEL CONNELL | TREASURER & CFO Officer | 1 | $452,069 | $193,744 | $37,634 |
| KEN NOREEN | VP OF CCRC'S Highest-paid employee | 40 | $320,118 | $137,193 | $29,927 |
| HAROLD KNIGHT | SVP OF STRATEGY AND PARTNERSHIPS Highest-paid employee | 20 | $147,906 | $192,890 | $0 |
| TED MACBETH | VP REAL ESTATE DEVELOPMENT Highest-paid employee | 20 | $95,064 | $200,164 | $33,241 |
| KIMBERLY HENDERSON | VP OF FINANCE & ACCOUNTING Highest-paid employee | 40 | $192,917 | $82,679 | $24,258 |
| LAURIE SYKES | VP OF OPERATIONS Highest-paid employee | 40 | $164,949 | $70,692 | $24,190 |
| MICHELE LUKE | SECRETARY Officer | 1 | $69,592 | $29,825 | $9,384 |
| MARY WAGNER | CHAIR & DIRECTOR Trustee or director, Officer | 0.1 | $0 | $0 | $0 |
| JESSE BOND | VICE CHAIR & CHAIR Trustee or director, Officer | 0.1 | $0 | $0 | $0 |
| GREG RUSSELL | DIRECTOR & VICE CHAIR Trustee or director, Officer | 0.1 | $0 | $0 | $0 |
| BARB BENNETT | DIRECTOR Trustee or director | 0.1 | $0 | $0 | $0 |
| CATHY DANIGELIS | DIRECTOR Trustee or director | 0.1 | $0 | $0 | $0 |
| KATHI LENTZSCH | DIRECTOR Trustee or director | 0.1 | $0 | $0 | $0 |
| SCOTT LUMSDEN | DIRECTOR Trustee or director | 0.1 | $0 | $0 | $0 |
| JIM MELHORN | DIRECTOR Trustee or director | 0.1 | $0 | $0 | $0 |
| JOY MOORE | DIRECTOR Trustee or director | 0.1 | $0 | $0 | $0 |
| LISA NELSON | DIRECTOR Trustee or director | 0.1 | $0 | $0 | $0 |
990 for the year ended September 30, 2023: 18 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| TORSTEN HIRCHE | PRESIDENT & CEO Trustee or director, Officer | 1 | $944,982 | $27,682 |
| MICHAEL CONNELL | TREASURER & CFO Officer | 1 | $531,886 | $20,998 |
| KEN NOREEN | VP OF CCRC'S Highest-paid employee | 40 | $320,419 | $1,200 |
| KIMBERLY LOVEALL PRICE | VP OF COMMUNITY DEVELOPMENT Highest-paid employee | 20 | $229,611 | $8,449 |
| JEFFREY SLICHTA | EXECUTIVE VP, HOUSING & HOSPITALITY Highest-paid employee | 40 | $224,268 | $1,012 |
| STANLEY MARTIN | CORPORATE CONTROLLER Highest-paid employee | 40 | $164,035 | $13,026 |
| JAMES BENNET | HEALTH SERVICES DIRECTOR Highest-paid employee | 40 | $162,371 | $7,516 |
| MICHELLE LUKE | SECRETARY Officer | 1 | $100,350 | $5,100 |
| SCOTT LUMSDEN | CHAIR & DIRECTOR Trustee or director, Officer | 0.1 | $0 | $0 |
| MARY WAGNER | VICE CHAIR & CHAIR Trustee or director, Officer | 0.1 | $0 | $0 |
| JESSE BOND | DIRECTOR & VICE CHAIR Trustee or director, Officer | 0.1 | $0 | $0 |
| BARB BENNETT | DIRECTOR Trustee or director | 0.1 | $0 | $0 |
| CATHY DANIGELIS | DIRECTOR Trustee or director | 0.1 | $0 | $0 |
| JOHN IWANSKI | DIRECTOR (THROUGH OCTOBER 2022) Trustee or director | 0.1 | $0 | $0 |
| JIM MELHORN | DIRECTOR Trustee or director | 0.1 | $0 | $0 |
| KARIN MILLER | DIRECTOR Trustee or director | 0.1 | $0 | $0 |
| LISA NELSON | DIRECTOR Trustee or director | 0.1 | $0 | $0 |
| GREG RUSSELL | DIRECTOR Trustee or director | 0.1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1980 112TH AVE NE STE 210, BELLEVUE, WA 98004-2940
- In care of
- % THE EXTER HOUSE
- Principal officer (990 for 2024)
- TORSTEN HIRCHE, 1980 112TH AVENUE 210, BELLEVUE, WA 980042940
- Signed the 990
- MICHAEL CONNELL, TREASURER & CFO
- Phone
- (425) 559-6301
- Website
- WWW.TRANSFORMINGAGE.ORG
- Return prepared by
- CLIFTONLARSONALLEN LLP
Mission
A FAITH-BASED NON-PROFIT ORGANIZATION THAT SUPPORT COMMUNITIES AND SERVICES COMMITTED TO IMPROVING THE LIVES OF OLDER ADULTS BY INTEGRATING HOUSING, COMMUNITY SERVICES, TECHNOLOGY, PHILANTHROPY, AND PARTNERSHIPS.
Program accomplishments
- SEE SCHEDULE OExpenses $109,114,006 · grants $11,818,048 · revenue $88,756,255
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990 on file |
IRS record
- EIN
- 91-0666887
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 1960
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P750)
- Assets (IRS master file)
- $502,372,252
- Income (IRS master file)
- $97,912,675
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $97,892,842 | $127,287,194 | $502,372,252 | XML |
| 990 | September 2024 | $80,038,151 | $112,678,389 | $497,451,994 | XML |
| 990 | September 2023 | $143,061,728 | $112,655,007 | $525,225,607 | XML |
| 990 | September 2022 | $90,087,367 | $114,657,767 | $529,987,118 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 91-0666887).
Questions about PRESBYTERIAN RETIREMENT COMMUNITIES NORTHWEST
- What is the EIN of PRESBYTERIAN RETIREMENT COMMUNITIES NORTHWEST?
- The employer identification number (EIN) of PRESBYTERIAN RETIREMENT COMMUNITIES NORTHWEST is 91-0666887.
- Is PRESBYTERIAN RETIREMENT COMMUNITIES NORTHWEST tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1960.
- Are donations to PRESBYTERIAN RETIREMENT COMMUNITIES NORTHWEST tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does PRESBYTERIAN RETIREMENT COMMUNITIES NORTHWEST file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of PRESBYTERIAN RETIREMENT COMMUNITIES NORTHWEST due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PRESBYTERIAN RETIREMENT COMMUNITIES NORTHWEST last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of PRESBYTERIAN RETIREMENT COMMUNITIES NORTHWEST?
- The 990 for the year ended September 30, 2025 names TORSTEN HIRCHE.
- Who are the officers and directors of PRESBYTERIAN RETIREMENT COMMUNITIES NORTHWEST?
- The 990 for the year ended September 30, 2025 lists 16 people; 3 received compensation from the organization.
- How much revenue does PRESBYTERIAN RETIREMENT COMMUNITIES NORTHWEST have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $97,892,842, expenses of $127,287,194 and total assets of $502,372,252 at year end.
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