Presbyterian Retirement Communities Northwest

Presbyterian Retirement Communities Northwest Overview

Presbyterian Retirement Communities Northwest, operating under the name Transforming Age, is located in Bellevue, WA. The organization was established in 1960. According to its NTEE Classification (P75) the organization is classified as: Supportive Housing for Older Adults, under the broad grouping of Human Services and related organizations. As of 09/2019, Transforming Age employed 692 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 09/2019, Transforming Age generated $77.7m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $89.2m during the year ending 09/2019. While expenses have increased by 9.9% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2019

Describe the Organization's Mission:

Part 3 - Line 1

A FAITH-BASED ORGANIZATION SUPPORTING COMMUNITIES AND SERVICES THAT CELEBRATE AND ENRICH LIVES

Describe the Organization's Program Activity:

Part 3 - Line 4a

PRESBYTERIAN RETIREMENT COMMUNITIES NORTHWEST (DBA: TRANSFORMING AGE) IS A PREMIER NOT-FOR-PROFIT ORGANIZATION COMPRISED OF TWELVE UNIQUE RESIDENTIAL COMMUNITIES PROVIDING SERVICES FOR A DIVERSE POPULATION OF OLDER ADULTS IN THE PACIFIC NORTHWEST, MINNESOTA AND NEBRASKA. FOR OVER FIVE DECADES, PARK SHORE HAS BEEN MEETING THE NEEDS OF SENIORS THROUGH OUR HEALTH, WELLNESS AND LIFE ENRICHMENT PROGRAMS IN WASHINGTON. IN OCTOBER OF 2009, WE OPENED OUR NEWEST RETIREMENT COMMUNITY IN DOWNTOWN SEATTLE, SKYLINE AT FIRST HILL. IN OCTOBER 2015, FRED LIND MANOR BECAME PART OF THE PRCN FAMILY OF COMMUNITIES, OFFERING INDEPENDENT AND ASSISTED LIVING AS WELL AS SHORT-TERM STAYS IN WASHINGTON. IN DECEMBER 2016, TRANSFORMING AGE PURCHASED EIGHT COMMUNITIES IN MINNESOTA: THE TIMBERS, THE RIVERS, MERIDIAN MANOR, WATERFORD ESTATES, WATERFORD MANOR, HEATHERS MANOR, HEATHERS ESTATES, AND TRADITIONS, OFFERING INDEPENDENT AND ASSISTED LIVING. IN OCTOBER OF 2017 CHRISTIAN RETIREMENT HOMES (DBA: EASTMONT TOWERS) IN NEBRASKA AND FULL LIFE CARE JOINED THE TRANSFORMING AGE FAMILY. EASTMONT TOWERS IS A CCRC LOCATED IN NEBRASKA. FULL LIFE CARE IS A SEATTLE-BASED NOT-FOR-PROFIT THAT PROVIDES HOME CARE, ADULT DAY HEALTH, MENTAL HEALTH, MEMORY CARE AND CARE CONSULTATION SERVICES. IN FEBRUARY OF 2018 VASHON ISLAND COMMUNITY CARE WAS ADDED TO TRANSFORMING AGE, OFFERING ASSISTED LIVING AND SKILLED NURSING. IN DECEMBER 2018 GERMAN RETIREMENT HOME OF THE STATE OF WASHINGTON ("DBA: THE GARDENS AT JUANITA BAY") JOINED THE TRANSFORMING AGE FAMILY. THE GARDENS AT JUANITA BAY IS A NONPROFIT RETIREMENT COMMUNITY IN KIRKLAND, WASHINGTON, PROVIDING INDEPENDENT LIVING AND ASSISTED LIVING SERVICES WITH 48 STUDIO APARTMENTS. IN APRIL 2019 DOWNTOWN ACTION TO SAVE HOUSING ("DASH") JOINED THE TRANSFORMING AGE FAMILY. DASH IS A NONPROFIT AFFORDABLE HOUSING PROVIDER IN BELLEVUE, WASHINGTON THAT OPERATES 11 AFFORDABLE HOUSING COMMUNITIES FOR SENIORS AS WELL AS WORKFORCE HOUSING ACROSS KING COUNTY.THROUGH OUR CONTINUOUS CARE RETIREMENT COMMUNITIES, WE PROVIDE A CONTINUUM OF CARE: INDEPENDENT LIVING, ASSISTED LIVING, MEMORY SUPPORT, AND SKILLED NURSING CATERING TO RESIDENTS AND THEIR INDIVIDUAL NEEDS. AS A FAITH BASED ORGANIZATION, WE ARE GUIDED BY OUR MISSION AND VISION TO SUPPORT COMMUNITIES AND SERVICES THAT CELEBRATE AND ENRICH LIVES.


Do You Work With Nonprofits?Intellispect helps service providers identify nonprofit prospects and make contact with decision makers.

Presbyterian Retirement Communities Northwest Board, Officers & Key Employees

Presbyterian Retirement Communities Northwest Vendors

Vendor Name (Service)Compensation
Jkr Llc
Cleaning
$370,165
Rehab Specialist Llc
Rehabilitation
$358,698
Premiere Rehab Llc
Rehabilitation
$436,788
Hanson Bridgett Llc
Legal Services
$286,482
Halvorson Construction Group Llc
Construction
$6,091,403
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$28,856
Investment income $1,490,542
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $225,039
Net Gain/Loss on Asset Sales $560,052
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $3,305
Miscellaneous Revenue$0
Total Revenue $77,657,494

Presbyterian Retirement Communities Northwest Grants Awarded

Over the last fiscal year, Presbyterian Retirement Communities Northwest has awarded $1,714,906 in support to 2 organizations.

Grant RecipientAmount

PRESBYTERIAN RETIREMENT COMMUNITIES NORTHWEST FOUNDATION

Org PageRecipient Profile

Bellevue, WA

PURPOSE: DEBT FORGIVENESS

$1,149,518

Bellevue, WA

PURPOSE: GENERAL OPERATING SUPPORT

$565,388
View Grant Profile

Presbyterian Retirement Communities Northwest Grants Recieved

Over the last fiscal year, we have identified 1 grants that Presbyterian Retirement Communities Northwest has recieved totaling $105,504.

Awarding OrganizationAmount
Presbyterian Retirement Communities Northwest Foundation

Bellevue, WA

PURPOSE: GENERAL OPERATING SUPPORT

$105,504
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,478,634
Earnings$24,490
Ending Balance$1,503,124

Presbyterian Retirement Communities Northwest Peer Organizations

Organization NameAssets
Presbyterian Retirement Communities Northwest
Bellevue, WA
$77,657,494
Rogue Valley Manor
Medford, OR
$59,046,530
Wesley Homes
Des Moines, WA
$49,420,111
Panorama
Lacey, WA
$52,413,806
Spokane United Methodist Homes
Spokane, WA
$29,983,701
Horizon House
Seattle, WA
$36,836,563
Willamette View Manor Inc
Portland, OR
$33,393,145
Mennonite Home Of Albany Inc
Albany, OR
$30,115,303
Eastside Retirement Association
Redmond, WA
$37,721,266
Robison Jewish Home
Portland, OR
$22,674,545
Eliseo
Tacoma, WA
$21,941,023
Capital Manor Inc
Salem, OR
$22,590,011

Create a Free Account

Create an account to unlock the data you need.

or
I