EIN 91-0666887

Transforming Age / Presbyterian Retirement Communities Northwest (PRCN)

Name: Transforming Age / Presbyterian Retirement Communities Northwest (PRCN) financials for 2023
Creator: Cause IQ
License: https://creativecommons.org/licenses/by-nc-nd/4.0/

IRS 501(c) type

501(c)(3)

Num. employees

823

City

Bellevue

State

Washington

Year formed

1956

Most recent tax filings

2023-09-01

NTEE code, primary

P75: Senior Continuing Care Communities

Description

Presbyterian Retirement Communities Northwest (PRCN) is a not-for-profit, faith-based organization that has been providing the best in senior living for over 50 years.

Also known as...

Presbyterian Retirement Communities Northwest

Total revenues

$143,439,616

2023

Total expenses

$111,132,487

2023

Total assets

$528,986,667

2023

Num. employees

823

2023

Grants made by PRCN

Grantee	Grant description	Grant year	Amount
Transforming Age Foundation	General Operating Support	2023-09	$240,000
Skyline at First Hill Residents Association	Community Enhancement	2023-09	$10,000
Fred Lind Manor	Community Enhancement	2023-09	$5,670

Who funds Transforming Age / Presbyterian Retirement Communities Northwest (PRCN)

Grants from foundations and other nonprofits

Grantmaker	Grantmaker tax period	Description	Amount
Transforming Age	2023-09	General Operating Support	$58,932,084
Transforming Age Foundation	2023-09	General Operating Support	$41,145

Personnel at PRCN

Name	Title	Compensation	Date of data
Torsten Hirche	President and Chief Executive Officer ,	$944,982	2023-10-06
Michael Connell	Treasurer and Chief Financial Officer	$531,886	2024-08-14
Marc Gaber	Chief Technology and Information Officer		2023-10-06
Camille Burke	Chief Growth and Strategy Officer, Gsi Camille Burke		2023-10-06
Laurie Sykes	Vice President of Operations		2023-10-06
...and 25 more key personnel

Financials for PRCN

Revenues	FYE 09/2023	FYE 09/2022	% Change
Total grants, contributions, etc.	$58,979,595	$10,254,002	475.2%
Program services	$79,909,662	$77,140,205	3.6%
Investment income and dividends	$1,508,257	$1,703,837	-11.5%
Tax-exempt bond proceeds	$0	$0	-
Royalty revenue	$0	$0	-
Net rental income	$414,507	$27,527	1405.8%
Net gain from sale of non-inventory assets	$-767,499	$-911,368	15.8%
Net income from fundraising events	$0	$0	-
Net income from gaming activities	$0	$0	-
Net income from sales of inventory	$7,014	$275,551	-97.5%
Miscellaneous revenues	$3,388,080	$1,597,613	112.1%
Total revenues	$143,439,616	$90,087,367	59.2%

Form 990s for PRCN

Fiscal year ending	Date received by IRS	Form	PDF link
2023-09	2024-08-14	990	View PDF
2022-09	2023-08-15	990	View PDF
2021-09	2022-08-15	990	View PDF
2020-09	2021-08-16	990	View PDF
2019-09	2020-09-22	990	View PDF
...and 10 more Form 990s

Organizations like PRCN

Organization	Type	Location	Revenue
Broadmead	501(c)(3)	Cockeysville, MD	$36,964,638
Pinnacle Living (VUMH)	501(c)(3)	Glen Allen, VA	$93,876,733
Westminster Canterbury on Chesapeake Bay	501(c)(3)	Virginia Beach, VA	$76,280,468
Twin Lakes Community	501(c)(3)	Burlington, NC	$46,915,283
Methodist Homes Corporation	501(c)(3)	Birmingham, AL	$53,010,384
Aldersgate United Methodist Retirement Community	501(c)(3)	Charlotte, NC	$44,473,072
Elim Park Bapist Home	501(c)(3)	Cheshire, CT	$39,025,062
Seabury / Church Home of Hartford Inc	501(c)(3)	Bloomfield, CT	$43,431,599
Westminster-Canterbury of the Blue Ridge	501(c)(3)	Charlottesville, VA	$44,056,365
Westminster Canterbury Richmond	501(c)(3)	Richmond, VA	$82,583,765

Data update history

September 30, 2024

Posted financials

Added Form 990 for fiscal year 2023

September 24, 2024

Updated personnel

Identified 2 new personnel

September 23, 2024

Used new vendors

Identified 1 new vendor, including

September 21, 2024

Received grants

Identified 2 new grant, including a grant for $58,932,084 from Transforming Age

October 8, 2023

Updated personnel

Identified 2 new personnel

Nonprofit Types

Nursing homesHuman service organizationsRetirement homesHeadquarter / parent organizationsCharities

Issues

Human services

Characteristics

Endowed supportTax deductible donationsAccepts online donations

General information

Address: 1980 112th Ave 210; Bellevue, WA 98004
Metro area: Seattle-Tacoma-Bellevue, WA
County: King County, WA
Website URL: transformingage.org/
Facebook page: PresbyterianRetirementCommunitiesNW

IRS details

EIN: 91-0666887
Fiscal year end: September
Taxreturn type: Form 990
Year formed: 1956
Eligible to receive tax-deductible contributions (Pub 78): Yes

Categorization

NTEE code, primary: P75: Senior Continuing Care Communities
NAICS code, primary: 62331: Assisted Living and Continuing Care Retirement Communities
Parent/child status: Central organization

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Transforming Age / Presbyterian Retirement Communities Northwest (PRCN)

Grants made by PRCN

Who funds Transforming Age / Presbyterian Retirement Communities Northwest (PRCN)

Personnel at PRCN

Financials for PRCN

Form 990s for PRCN

Organizations like PRCN

Nonprofits

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