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.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$497.5M
-6.0% YoY
Annual Giving
$173K
-32.3% YoY
Grant Count
1
-66.7% YoY
Avg Grant Size
$173K
+103.2% YoY
About Presbyterian Retirement Communities
Based on IRS filings
Presbyterian Retirement Communities is a nonprofit organization focused on Human Services, based in BELLEVUE, WA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $497.5M in total assets. In 2024, it awarded 1 grants totaling $173K. Net investment income was $1.3M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $497,451,994 | $528,986,667 | $529,987,118 |
| Revenue | $80,038,151 | $143,439,616 | $90,087,367 |
| Expenses | $112,678,389 | $111,132,487 | $114,657,767 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $1,309,005 | $740,758 | $792,469 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
12 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| TORSTEN HIRCHE | PRESIDENT & CEO | 1 | $808,519 |
| MICHAEL CONNELL | TREASURER & CFO | 1 | $452,069 |
| KEN NOREEN | VP OF CCRC'S | 40 | $320,118 |
| HAROLD KNIGHT | SVP OF STRATEGY AND PARTNERSHIPS | 20 | $147,906 |
| TED MACBETH | VP REAL ESTATE DEVELOPMENT | 20 | $95,064 |
| KIMBERLY HENDERSON | VP OF FINANCE & ACCOUNTING | 40 | $192,917 |
| LAURIE SYKES | VP OF OPERATIONS | 40 | $164,949 |
| MICHELE LUKE | SECRETARY | 1 | $69,592 |
| MARY WAGNER | CHAIR & DIRECTOR | 0.1 | — |
| JESSE BOND | VICE CHAIR & CHAIR | 0.1 | — |
| GREG RUSSELL | DIRECTOR & VICE CHAIR | 0.1 | — |
| BARB BENNETT | DIRECTOR | 0.1 | — |
| CATHY DANIGELIS | DIRECTOR | 0.1 | — |
| KATHI LENTZSCH | DIRECTOR | 0.1 | — |
| SCOTT LUMSDEN | DIRECTOR | 0.1 | — |
| JIM MELHORN | DIRECTOR | 0.1 | — |
| JOY MOORE | DIRECTOR | 0.1 | — |
| LISA NELSON | DIRECTOR | 0.1 | — |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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