nonprofit logo

Presbyterian Retirement Communities Northwest

Transforming Age

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 910666887 ✦ Bellevue, WA ✦ Designated as a 501(c)(3)

Overview

What is Presbyterian Retirement Communities Northwest?

Presbyterian Retirement Communities Northwest (PRCN) is a faith-based, not-for-profit organization with a rich history of over 50 years in enhancing the lives of older adults. They offer a range of integrated services, including housing, community support, technology, philanthropy, and partnerships, to improve the living experience of seniors. PRCN's mission focuses on celebrating and enriching lives through their faith-based approach.


Official website here: www.transformingage.org

Is Presbyterian Retirement Communities Northwest legitimate?

Presbyterian Retirement Communities Northwest is a legitimate nonprofit organization registered as a 501(c)(3) entity. Presbyterian Retirement Communities Northwest submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $1,443,001
Professional Fundraising Fees: $0
Other Salaries and Wages: $31,881,729

For more financial information, click here


Official website here: www.transformingage.org

What is the mission statement of Presbyterian Retirement Communities Northwest?

Presbyterian Retirement Communities Northwest (PRCN) is a faith-based, not-for-profit organization with a mission to enhance the lives of older adults. Through a combination of housing, community services, technology, philanthropy, and partnerships, PRCN aims to celebrate and enrich lives. The organization has been dedicated to this cause for over five decades. By integrating these essential elements, PRCN fosters vibrant communities that support seniors in their journey of aging. Their commitment to faith and the wellbeing of older adults is the driving force behind their mission.


Official website here: www.transformingage.org

Who is the CEO of Presbyterian Retirement Communities Northwest?

Torsten Hirche is the President & Ceo of Presbyterian Retirement Communities Northwest. The CEO's salary of Presbyterian Retirement Communities Northwest is $950,207 and their total compensation is $973,887.


Official website here: www.transformingage.org

What is the revenue of Presbyterian Retirement Communities Northwest?

Presbyterian Retirement Communities Northwest's revenue in 2022 was $90,087,367.


Official website here: www.transformingage.org

Who are the executives of Presbyterian Retirement Communities Northwest and what are their salaries?

The average compensation at Presbyterian Retirement Communities Northwest during 2022 was $32,703. There are 1,019 employees and 10 volunteers at Presbyterian Retirement Communities Northwest.

Here are 18 key members and their salaries (Presbyterian Retirement Communities Northwest's CEO's salary is $950,207 and their total compensation is $973,887):

    Torsten Hirche (President & Ceo) [Trustee/Director]
  • Compensation: $950,207
  • Related: $0
  • Other: $23,680

    • Michael Connell (Treasurer & Cfo)
  • Compensation: $931,475
  • Related: $0
  • Other: $7,938

    • Kimberly Loveall Price (Vp Of Community Development)
  • Compensation: $309,004
  • Related: $0
  • Other: $20,645

    • James Bennet (Health Services Director)
  • Compensation: $294,702
  • Related: $0
  • Other: $14,543

    • Jeffrey Sichta Executive Vice (President, Housing & Hospitality)
  • Compensation: $293,896
  • Related: $0
  • Other: $4,727

    • Paul Aigner (Vp Of Development)
  • Compensation: $269,671
  • Related: $0
  • Other: $19,710

    • Stanley Martin (Corporate Controller)
  • Compensation: $250,197
  • Related: $0
  • Other: $12,080

    • Michele Luke (Secretary)
  • Compensation: $110,214
  • Related: $0
  • Other: $1,232

    • Scott Lumsden (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mary Wagner (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Barb Bennett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jesse Bond (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cathy Danigelis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Iwanski (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jim Melhorn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karin Miller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lisa Nelson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Greg Russell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.transformingage.org

    Where can I find the form 990 for Presbyterian Retirement Communities Northwest?

    The Presbyterian Retirement Communities Northwest’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.transformingage.org

    Learn more at the official website: www.transformingage.org

    Mission Statement of Presbyterian Retirement Communities Northwest

    Presbyterian Retirement Communities Northwest (PRCN) is a faith-based, not-for-profit organization that has dedicated over 50 years to enhancing the lives of older adults. This organization takes a holistic approach to serving its community, integrating housing, community services, technology, philanthropy, and partnerships. In simple terms, Presbyterian Retirement Communities Northwest strives to create vibrant, enriching environments for seniors, embodying its mission statement: A faith-based organization supporting communities and services that celebrate and enrich lives.

    Through its commitment to faith and community, PRCN offers various programs and services tailored to the unique needs of older adults. It goes beyond the traditional senior living model by focusing on the whole person, ensuring their physical, emotional, and spiritual needs are met. The organization's housing solutions range from independent living to assisted living and skilled nursing care, allowing seniors to age in place with dignity and support.

    The faith-based ethos of Presbyterian Retirement Communities Northwest extends beyond its housing offerings. Its community services aim to foster a sense of belonging and connection among its residents. Technology integration plays a crucial role in enhancing the overall senior living experience, ensuring residents have access to essential resources and tools for an enriched lifestyle. Philanthropy and partnerships further strengthen the organization's ability to provide top-notch services and care to older adults, ultimately enriching their lives and promoting a sense of purpose and fulfillment.

    Impact

    This information is meant to be a general summary of Presbyterian Retirement Communities Northwest. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Presbyterian Retirement Communities Northwest has a significant impact on the lives of older adults by providing integrated housing, community services, technology, philanthropy, and partnerships. Their commitment to improving the quality of life for seniors through faith-based principles has been evident in their work for over 50 years. By supporting communities and services that celebrate and enrich lives, Presbyterian Retirement Communities Northwest plays a vital role in enhancing the well-being of older adults in Bellevue, WA, and beyond.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $792,469
  • Program Service Revenue: $77,140,205
  • Gross Receipts: $94,905,992

    • Assets and Liabilities:
  • Total Assets: $529,987,118
  • Total Liabilities: $684,291,473
  • Net Assets: -$154,304,355
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    INDEPENDENT LIVING

    Revenue

    $35,140,280

    ASSISTED LIVING

    Revenue

    $17,646,892

    HEALTHCARE

    Revenue

    $8,840,259

    RESIDENT SERVICES

    Revenue

    $8,809,997

    MEMORY CARE

    Revenue

    $4,425,677

    Organization Details

    Founding Year

    1956

    Principal Officer

    Torsten Hirche

    Main Address

    1980 112TH AVENUE 210, BELLEVUE, WA, 98004

    NTEE Category

    Code: P75 - Human services

    If you are a representative of Presbyterian Retirement Communities Northwest and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.