2024-08-14T19:26:37-05:00 2023-09-30 410746749 CLIFTONLARSONALLEN LLP 10700 NORTHUP WAY SUITE 200 BELLEVUE WA 98004 990 2022-10-01 910579225 FRED LIND MANOR FRED 4255596301 1980 112TH AVENUE 210 BELLEVUE WA 98004 MICHAEL CONNELL TREASURER & CFO 4255596301 2024-08-13 1 0 KURT BENNION CPA P01469618 4252506100 2024-08-01 2022 2024-08-08 14:25:15Z TORSTEN HIRCHE 1980 112TH AVENUE 210 BELLEVUE WA 98004 5626754 0 X WWW.TRANSFORMINGAGE.ORG X 1945 WA FRED LIND MANOR PROVIDES HOUSING AND ASSISTED LIVING SERVICES TO PERSONS 55 AND OLDER. 10 9 131 10 0 0 42821 5670 5080747 5427715 19979 31286 579 86036 5144126 5550707 0 0 0 0 3097873 3576664 0 0 0 2745609 3027483 5843482 6604147 -699356 -1053440 10651047 11032367 14915464 16098146 -4264417 -5065779 FRED LIND MANOR PROVIDES HOUSING AND ASSISTED LIVING SERVICES TO PERSONS 55 AND OLDER. 0 0 5214294 0 5427715 FRED LIND MANOR PROVIDES EXEMPLARY HOUSING, HEALTHCARE AND PROGRAMMING FOR SENIORS THAT IS COMPASSIONATE AND AFFORDABLE, THAT MAXIMIZES THE SPIRITUAL, INTELLECTUAL, EMOTIONAL AND PHYSICAL QUALITY OF LIFE AND ENCOURAGES INDEPENDENCE AND PRODUCTIVITY. 5214294 1 1 0 0 0 0 0 0 1 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 14 0 131 1 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 SCHINDLER ELEVATOR CORPORATION 20 WHIPPANY ROAD MORRISTOWN NJ 07960 ELEVATOR MAINTENANCE 355480 OUR KITCHEN AND BATH REMODEL LLC 331 NE 6TH PLACE RENTON WA 98056 CONSTRUCTION 180299 MCKINSTRY CO LLC PO BOX 3895 SEATTLE WA 98124 HVAC MAINTENANCE 147799 3 5670 5670 RESIDENT REVENUES 623000 5272212 5272212 ANCILLARY SERVICES 623000 155503 155503 5427715 68914 68914 38419 76047 -37628 -37628 -37628 MISCELLANEOUS REVENUE 900099 86036 86036 86036 5550707 5427715 0 117322 2953919 2501863 452056 28175 25685 2490 379987 300964 79023 214583 186056 28527 411589 411589 1065 1065 8400 8400 7328 7328 204480 153611 50869 64539 8786 55753 41053 27403 13650 61336 15260 46076 361640 299077 62563 31456 23822 7634 5757 576 5181 401370 401370 685275 685275 74041 74041 FOOD AND DIETARY 302709 303959 -1250 EQUIPMENT 162376 145745 16631 RESIDENT EXPENSES 89239 79374 9865 MISCELLANEOUS EXPENSES 59431 17062 42369 54399 38406 15993 6604147 5214294 1389853 0 639041 327241 832811 884278 85968 262943 61939 27321 11902194 6366967 5380889 5535227 1829771 2075312 1820628 1920045 10651047 11032367 547792 592980 52885 52549 9419635 9277218 4895152 6175399 14915464 16098146 X -4264417 -5065779 -4264417 -5065779 10651047 11032367 -1053440 252078 0 X 0 1 X 1 0 X 60650 9680 42821 5670 118821 4486550 4812141 5093632 5080747 5427715 24900785 4486550 4872791 5103312 5123568 5433385 25019606 0 0 0 25019606 51154 62942 44757 71263 68914 299030 51154 62942 44757 71263 68914 299030 8234 35271 579 86036 130120 4537704 4943967 5183340 5195410 5588335 25448756 0.98310 0.98670 0.01180 0.01150 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 127125 127125 10604146 5703561 4900585 161176 15788 145388 875345 647618 227727 134402 134402 5535227 RESIDENT DEPOSITS 31337 DUE FROM RELATED ORGANIZATIONS 1888708 1920045 DUE TO RELATED ORGANIZATIONS 6175399 6175399 X PART IV, LINE 2B: THE ORGANIZATION HOLDS WAIT LIST DEPOSITS FOR FUTURE RESIDENTS IN A BANK ACCOUNT. IF AN INDIVIDUAL MOVES INTO A ROOM, THE AMOUNT IS CREDITED TO THEIR ACCOUNT. IF AN INDIVIDUAL OPTS OUT OF THE WAIT LIST, THE MONEY IS REFUNDED TO THEM. THE ORGANIZATION HOLDS RESIDENT FUNDS IN TRUST, ACCOUNTING INDIVIDUALLY FOR EACH RESIDENT'S FUNDS. RESIDENT FUNDS ARE HELD IN A SEPARATE INTEREST-BEARING ACCOUNT. RESIDENTS MAY WITHDRAW THEIR FUNDS BY SUBMITTING A REQUEST TO THEIR FACILITY DIRECTOR. PART X, LINE 2: FRED LIND MANOR 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 YEAR ENDED SEPTEMBER 30, 2023. 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 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 2022 TO ALLOW FOR MEMBERS AS PROVIDED IN THE BYLAWS. THE BYLAWS WERE ALSO AMENDED IN OCTOBER 2022 TO DESIGNATE TRANSFORMING AGE, A WASHINGTON NONPROFIT CORPORATION, AS THE SOLE MEMBER. 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, A 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 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. PRESBYTERIAN RETIREMENT COMMUNITIES NORTHWEST 1980 112TH AVENUE SUITE 210 BELLEVUE WA 98004 910666887 PROVIDE CARE FOR SENIORS WA 501(C)(3) LINE 10 TRANSFORMING AGE 0 PRESBYTERIAN RETIREMENT COMMUNITIES NORTHWEST FOUNDATION 1980 112TH AVENUE SUITE 210 BELLEVUE WA 98004 911586491 BENEFIT RESIDENTS AND EMPLOYEES OF PRESBYTERIAN RETIREMENT COMMUNITIES NW WA 501(C)(3) LINE 12A, I 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 THE 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 0 1 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0